Okay, You bought Gold in 1979 and finally in 2009 you could have sold it for what you bought it for. No Dividends, No Interest, No hedge against inflation: Nothing. If you want to bet that Gold is going to go through the roof from the current $1,000 plus level and you are going to make a pile of bucks, Good Luck. If you want to bet go to Vegas. If you want to make some money, buy an investment property with the money in a desirable location and rent it out (even if it does not now cover your mortgage if you have to have one). Eventually you can make great cash flow and get real appreciation against inflation. Oh, put down at least 60% of the current value and watch the bankers beg to lend you the rest.
Gold, is bull shit unless you are buying some bling for your best girl. That is the only way you will be smiling.
Remember when everyone tells you something is a great great investment and money has already driven it to new all time highs, it is too late. Gold will fall as fast as it went up.
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