INFLATION, will buying Gold or Silver be a good idea...

[Big Dad]

RYD's not looking long term at his age...RU? I mean you aint exactly a spring chicken.

To me precious metals have/mean limited supply...sooner or later...that value at a future time should rise considerably. You probably aint gonna live to see the day in contrast to a youngster.

Seriously though, shouldn't you be investing in T-bills at this point? You know, risk versus age.

You are retired right?

[MarineHawk]

Originally Posted by Big Dad

To me precious metals have/mean limited supply...sooner or later...that value at a future time should rise considerably.

I agree , but it's arguably already done that for the time being. Gold has risen to four times what it was seven years ago. I suspect it's like 2005 in real estate (also limited supply)--the end of the boom. Gold won't keep going up at this rate forever, and like in 1980, there is a real possibility that it will correct downwards for a long while after such a sustained, seep spike upward.

Originally Posted by Big Dad

Seriously though, shouldn't you be investing in T-bills at this point? You know, risk versus age.

I agree. But, if he doesn't want to be that cautious, diversified stocks would be much safer than gold IMO.

[Big Dad]

Originally Posted by MarineHawk

I agree. But, if he doesn't want to be that cautious, diversified stocks would be much safer than gold IMO.

Agreed.

[lennyrebel]

I think if you have that kind of serious money you would do wise to ask some Stock type knowledgable people, Now if you have a Hummer type question this is the right place.

[KenP]

I like the long term prospects for Alpaca's.

[ssgharkness020147]

Buy Jacobs engineering (symbol JEC). We've made 4X on that bad boy, its been a solid winner again, and again.

[SnakeH2]

Gold nearing $1,000

http://www.bloomberg.com/apps/news?pid=20601012&sid=a72Zt55Nh1lw&refer=commoditi es

What did you do RYD? Did you end up buying any?