[expat_panama]

Good luck timing that out on gold.

Some people do well timing commodity markets and I say more power to 'em.  I don't, and over time gold just hasn't done all that well compared to other more stable investments.    Let's say $100 is invested in 1950.   With gold it's worth almost $4,000 but with stocks it's over $52,000.

[dollarbull]

I don't, and over time gold just hasn't done all that well compared to other more stable investments. Let's say $100 is invested in 1950. With gold it's worth almost $4,000 but with stocks it's over $52,000.

gold is not an investment. gold is money. gold is where you park your wealth when you don't trust the gov't and the banks.

BTW - what's your definition of "long term"? Gold's crushed stocks for 10+ years and that trend isn't done yet. I wasn't around in 1952 to buy gold, but I was around to spot the secular shift from paper to hard assets early last decade.

I'm still laughing about Jr's self-described rockstar investing skills. haha. He probably went long GM on IPO day after listening to Cramer pump it.