Cap wrote:So, what will hold value better? Diamonds or Gold? Which is more abundant?
Diamonds have no value now. They are pure marketing. Go into any pawn shop and see what diamonds are "worth". A stone that retails for $2000 was probably bought by the dealer for about $200.
How you buy gold depends on what you want to do with it. You can buy bullion if it's something you think you are going to stick in a box and sell at some later date.
If you think the world is going to end and you might need to use it as currency at some point, you need to make sure that it will be acceptable to a majority of people.
A gold bar with a hallmark on it doesn't mean much if the person you are trying to give it to doesn't recognize the hallmark. Unless I am an assayer, how do I verify it is what you say it is?
That's where Krugerrands and US Eagles come in. They are a known quantity.
I bought some silver from Midas Resources and if I get some spare cash, I'll buy some more.