Why is gold recommended to everyone as something to buy as protection?

You can always invest in gold's less expensive cousin - silver. It is a precious metal, just like gold is, but is less expensive. It has the same economic properties as gold, but has not shown the market bubble activity that gold has over the past two to three years. You also have the option of investing in a precious metals mutual fund (such as GLD or SLV), which has a lower entry price than physical gold or gold options. Another option is to purchase shares in miners of precious metals, which will increase as their revenues increase based on increasing gold/silver prices.

In any instance, investing in precious metals is known as a "hedge". This is an investment that reduces the risk that you are exposed to in other areas. Historically, gold and silver have mostly retained their value relative to inflation, so while it is not an investment that you will see grow very much beyond keeping up with inflation (outside of unusual circumstances), it will not suffer losses as readily as other investments - including cash.

This information is only for educational purposes and is not intended to be investment advice or a solicitation to purchase any commodity or security.

First and foremost, Gold is a balance. When the US Dollar is doing crappy, Gold will usually go up, because people buy it for future value, since Gold historically goes up in price, mostly due to poor economies. Gold in the last decade has done very well, and will probably do very well for some time, since the world is going through global growing pains, and more countries economies are tied together. It's a whole new economy out there, and before the dust settles, if ever, I believe Gold with continue to be a good buy for the future, just my opinion.

Also, you say Gold is too expensive for most people to buy, not true, not any more. You can search online there are ""ETF's" or electronically traded funds (as in mutual funds.....) that seek to keep a price that is that of 1/10th of the price of gold,meaning if Gold is $1280 per oz, they seek to keep the price about $128 per share. There are others that are even lower, about $12 or so per share, that seek to keep with the price of gold as well, and even back their assets with physical gold in the vault! There are also coins and bars that are in various increments, from grains, to grams, to ounces, even pounds, so there is metal for everyone! :)

I you buy into paper gold, and also buy stocks, and at the end of the year, cash some stocks in that did well, and can show on paper that your gold (paper gold) did poor, it helps to defer taxes on capital gains fr the stocks you cash in! There is a lot to learn, so read a lot more online, nd make sure you know what you are doing. If you don't have the time or the stomach, go to a professional broker, what ever you do, don't invest a dime if you don't understand, you will probably lose a lot of money, I know, I'm self taught, and of course making mistakes, but not as many these days, as I continue to read, read, read! :)

Invest in 'people skills'.

So even if dollar is crashed and no one is even buying gold.

You can still work things out by starting a brand new society or a village with the people around you.

You can grow food and start schools, businesses and everything from scratch.

From there you can build new America.

If you have food in the cupboard, vacuum packed seeds stored away, weapons of your choice to allow you some choice, and thousands of dollars in stocks, bonds, or earning spit in a savings account, then it's time to think about gold or silver. Inflation will gnaw away at your cash, and the

worse it gets, the faster the value of the dollar will fall. Invest in gold or silver, they will hold value better than any fiat currency.

Grandpa

Station to Station - David Bowie Hurry Up, we are Dreaming - M83 Echoes, Silence, endurance & Grace - Foo warring parties wish you have been here - crimson Floyd 21 - Adele Oh and that i regularly purchase them :)

Guns & Ammo. A good well for water, And seeds stored in a vacuum sealed lead box.

Invest in a food supply. Forreals, even without the dollar, as long as you have food to eat, you're "golden."