It has been a long time since I blogged about having some precious metals in our portfolio and some newer readers might not even know I blogged about gold and silver before.
What do gold and silver have to do with investing for income?
Sounds like a scam?
If you think like this, congratulations! You will never fall victim to Geneva Gold and their friends!
Gold and silver coins can be mesmerising. I know. They look so shiny and beautiful. They twinkle, reflecting light. They look almost like they are winking at you.
I have a friend who fell so much in love with the two silver coins I gave him as birthday presents that he went and bought many more in different designs. I gave him bullion coins but he went and bought proof coins with numismatic value (i.e. worthy of collection). Oh, dear.
Anyway, why do I have gold and silver in my investment portfolio? Are they investments?......