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Gold should be an important part of a diversified investment portfolio because its price increases in response to events that cause the value of paper investments, such as stocks and bonds, to decline. Although the price of Gold can be volatile in the short term, it has always maintained its value over the long term. Gold price can go down and up, but fiat money will never go up and will never gain any more value! Gold should be considered as a capital protection asset. What does it mean? It means that Gold might go down and up but it won't be printed, FED cannot make more Gold, but they always print more dollars and affect the entire economy and cause more inflation over the years, so to protect yourself from this you can buy Gold anytime you want; when it's "cheap", when it's "not that cheap", when it's "neither cheap nor expensive", just buy and average your price on Gold, and they will print more dollar, euro or whatever fiat money you use so keep some Gold around to protect your capital, so that your money won't be stolen by the governments. And Let me ask you something; do you know that governments are the most gold buyers in the world? They have tons of it!!! But they will never give you a bar of gold but paper that gets worthless every week, month, and year! Do what governments do, do not do what they say you to do. Protect your capital with Gold! It's the real and oldest coin, money, worth, value, wealth, and more!