Would you sell cards to buy gold or silver coins?

[packs]

Why do you have to sell cards to buy gold? To raise the capital or something? It’s typically best to diversify assets rather than convert one into another.

[bbcard1]

I had a touch of the silver bug for a while. Truth is, cards or stocks would have been significantly better investments. I still buy a little silver now and again...an American Eagle with the current year date makes a wonderful baby gift. Were I to make a serious investment, I really prefer Platinum and Palladium at their current price points. Both are exceptional industrial metals and rarer than gold. It is alway important to remember that I am often wrong.

[homerunhitter]

Originally Posted by packs

Why do you have to sell cards to buy gold? To raise the capital or something? It’s typically best to diversify assets rather than convert one into another.

For me personally, I have some cards that dont fit into my collection tastes anymore so im trying to decide , do i sell the cards i no longer need/want and buy other cards that i might need or want or do i sell cards i no longer need/want and use that money to invest in silver or gold.

[Exhibitman]

Now is probably a bad time to buy gold, unless you are a doomsday kind of guy. Per Forbes (Is Gold An Inflation Hedge? 3/10/23):

"Some studies have found that gold can be an effective inflation hedge, but only over an extremely long time horizon of more than a century.

Over shorter periods, researchers found gold’s inflation-adjusted price fluctuates dramatically. Since 1972, the ratio of gold’s price to the CPI has averaged 3.6. The current gold-to-CPI ratio is 6.4. If gold were a simple, reliable inflation hedge, its value would remain roughly constant relative to the CPI."

The price of gold has gone up much faster than the rate of inflation for some time now (up nearly 25% since October), so I would think that it is primed for a series of price drops and little if any gains over the next few years.