accordingly to many PM adviser,  you should set aside 15 - 20% of your net worth in Precious Metal.
It's primarily focus such be asset diversification, insurance against sudden capital control, currency devaluation and hyper inflation and most importantly preservation of wealth.

Just like insurance, you buy them b4 accident, b4 sickness and death.

Secondarily, it may serve as  investment for some but like anything if it's brought at low price, it means some profit, vice-versa. Most of them hold them tight until the price is high enough to sell.

Thirdly, for some it's a trading opportunity to buy and sell physical gold.

Well, have you ever wondered why gold price is going down despite countries inflating their currencies every where. If you stick 15-20% of your cash under bank safety deposit, you still lose because of inflation.

Of course, if you expect Gold to generate income or dividends for you, then you are putting your money in the wrong place. Gold is not an income generating tool. It is a speculative tool based on macroeconomics or a hedge against inflation. You have to actually be prepared to pay money to keep your gold(invest in safe or pay a monthly fee for storage)

If the economy is good and we have responsible governments, no one would be buying gold right now. The reason why people are buying gold is because of irresponsible government, potential bad economy and the fact that gold price is relatively low right now.

What do you mean by take down something? Actually, what you are saying is that if there is a crash, gold price may drop. I do not think so because the people who are vested in Gold by then would probably be prepared for the crash.

If you do not buy your gold or silver soon, maybe it will be difficult to obtain your metals in the future because I think purchasing rate right now is pretty high.

I never scare gold price drop, I mostly concern is gold repeating its own history from 1980's to 2000.

Every1 xpect RM heading to +/- 3.40/USD by end 2014
US QE xpected to finish by end 2014 too
When v reach Dec 2014, it will b a non event (biz as usual)

My personal view
U still need to practice diversification

got one friend he said he already brought 200K of gold back in 2011.
another 100K of silver i think.
so do U think he should buy somemore.
he oso have stock property etc. + loan.
for him if net worth around 1 million, i think it's enough already.

he already finished his bullet.. Just don;t underestimate the 2011 bull ride, lot of investors already lost their bullet.... some even future bullet. some susah2 hold until today, they have missed out on real estates, some stocks and numismatic. or some $cash for travelling. 2 years ago travel should be cheaper than now.

so, how to ask them to buy somemore.? their face oledi red black oledi. 
that why I said if U already reach your gold/silver target then keep some cash! that what I meant. hope I clarify everybody.
now, cash out on spare property then buy gold/silver may be a good strategy.
however i 'm not a real estate expert do your own due dilligent.

i like all or nothing spirit, and i admire anyone who does it, be it win or lose because i no dare to do it 

It is not a secret that China and their citizens are accumulating gold. What I am trying to demonstrate is, china is not buying gold for jewelery purposes.

China's gold demand surges, tops 1,000 tonnes
http://www.thestar.com.my/Business/Busines...ps-1000-tonnes/

Why every country government holding ton of gold not silver not diamond?

Since you wrote this, gold has gone fro $130.92 to $137.90.

That's 5.34% in a matter of 11 days.

No one is ever sure about gold's move

i'd recommend park ur fund into gold around 5-10% of ur total worth...the market is volatile and tension between nations is rising currently...what more with more n more country is in civil unrest...when at worst war happen example US on Ukraine and Russia...ppl would dump equities and hoard commodities....food,shelter(house) oil, heck even gold....

we'll see what happen on July to Septmeber 2014 of this year wether a new trend pattern is in the midst of being develop...the early signs is there as people behave with their money...

I have done almost that. In fact I would have done that if I went to visit the shop last Friday. I am prepared to put 100% of my current networth in it. I do not see what other investment can be as obvious as this one.

I am visiting this coming Monday in fact. But damn. the profits I could have made if I visited on Friday.

I am visiting this coming Monday in fact. But damn. the profits I could have made if I visited on Friday.

But never mind. I expect much greater profits end of the year. Even 65% of my networth is probably much more then 100% of yours. I had 65% of that already in PM on Friday before the run.

can to tell whether above 1 mil or not? 

gold has moved up so much already and you said no?? it was predicted to drop but instead it kept going up and you still in denial?

u say it, i trust it 

HOW SURE are you that there will not be a global crisis?
Even your assumptions you made of USA and China are far off.

Yellen gonna taper?  
With US real Unemployment at >20% tapering will welcome the next DEPeRSSion.
WHO wants to be remembered for that?

http://www.shadowstats.com/imgs/sgs-emp.gi...ad&t=1391782568

Based on martin Armstrong economic confidence model... Another correction is coming once Dow Jones index hit a min of 16500 index - 17800 before the start 3rd quarter of this year...of which after that period the Dow are gonna fly upwards again for the next 1 year before they suffer another more bigger crash...

So I'm holding gold based fund up until the small correction that happening on Dow later this year. After that I'll sold all my gold fund and ride the rally of the Dow until next year august...

Actually his influence does not matter.

If reality of unemployment is > than 20%, the people in the streets will feel that.
Does matter what the Feds SPIN or what he prints.
THAT ultimately will influence the public

you don't get it.

Doesn't matter what numbers each publishes.

When Joe public can't find a stable job for 2 to 3 years, he will know the D is nigh

wait for March and april following month market suppose to be more turbulent and more volatile...gold will provide good support to this...but if it doesnt happen and market continue to be solid gold will decline a bit...