Gold is a terrible investment. If you bought an ounce of gold for $850 in 1980 it would be worth $1950 now. If you invested that same $850 in an S&P 500 index in 1980 it would be worth $101,000 now.Gold and silver have a 6000 year history as a store of wealth. It must be in your possession, not a bank lock box, etc.