I noticed that a lot of folks always have their sights on precious metals.
Why it is a good investment comes from what they hear from the older generations. During lunch conversations, you will hear a co-worker saying that his grandparents used to own this gold chains.
Now with the gold prices as such, this makes a good investment!
I think many failed to see that gold and silver is not the only investment that goes up in prices. Property and stocks do as well.
However, gold and silver will always stay on the minds of investors.
Particularly so, for folks that think stocks are risky and that they have not gotten money for properties.