No i have silver coins been accumulating them for years. But my...

No i have silver coins been accumulating them for years. But my opinion on gold is...
Under a free market system, gold is a currency, although it is not often thought of as one. Gold has a price and that price will fluctuate relative to other forms of exchange, such as the U.S. dollar, the euro or the Japanese yen.

Gold can be bought and stored, and while it is not often used as a direct payment method for everyday use, it is highly liquid and can be converted to cash in almost any currency with relative ease.

Gold, therefore, has tendencies like those of a currency. There are times when gold is likely to move higher and times when other currencies or asset classes are likely to outperform. Gold is likely to perform well when confidence in paper currencies is waning, when there is a lack of confidence in Wall Street-type trading instruments.