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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.
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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.
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Originally Posted by Big Dad
Seriously though, shouldn't you be investing in T-bills at this point? You know, risk versus age.
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I agree. But, if he doesn't want to be that cautious, diversified stocks would be much safer than gold IMO.