2/15/2011 8:57 AM (PST)

This is a horrible investment.

First, you must pay an upfront commission on this purchase through this particular company, followed by monthly fees for interest (should you decide to leverage your "investment") and storage.

Secondly, you lose the compounding factor of other more sound investing methods - which is substantial.

For Example, lets figure your return for $100,000 of gold from 1981 until today. In 1981, you could buy 250 ounces of Gold at $400 per ounce with $100,000.
Today, that same Gold would be worth $340,500 (250 ounces @ $1362 per ounce).

Now, let's put that same $100,000 through its paces with a good growth stock mutual fund that has a 10% 10 year average - that means that over a ten year period it averages 10% per year in growth.
Today, that same $100,000 would be worth about $1,749,000.

Do you think that you might miss that additional $1,400,000 ?? I would hope so.

Plus, the value of your gold "investment" would be further reduced if you factor in that you had to pay for interest, storage and insurance for all of those years.

Metals are sold on fear. Like the currency might be devalued, or what if the economy collapsed?

Well? What would happen? I don't think that you could buy a hot meal with a brick of gold, but should you have a gallon of gas or a case of bottled water, you might be King.
Gold would be useless in those situations. You can't eat it and neither could anyone else. Only a moron would think about gold in that situation. If things had gotten that bad, the likelihood that gold would be valuable in the near future would be about zero.