Is gold the ultimate investment? Hardly! It is an investment, period; just like any other. You can’t buy it and hold it forever, just like you can’t (or shouldn’t) do that with any other security. And until grocery stores and gas stations have little scales by the cash register to take payment in physical gold, you still have to change it back to currency to spend it, and that’s going to cost you a commission. Be careful and know what you’re getting into before you know how much it might cost to get out.

If you’re anxious about your money, your savings, or your investments we should talk. Please call us before you put everything in gold, or silver, or other precious metals, or currencies, or Iraqi Dinar because some doomsday e-mail has you convinced it’s a sure thing. Nothing is a sure thing. There are ways to invest in most of these things without taking physical possession of them and without paying the penalties associated with cashing out your IRA. The conversation is free, there’s no obligation and there’s never a high-pressure sales pitch.