<prompt> Human: Am I an idiot or is there some actual merit in it? Is silver a better option? I have 10k to spend on it. How liquid is gold if I ever need the cash?  <response>: You arent really investing, you are just speculating. Gold does not produce any income on its own. You are banking on the commodity increasing in value over the course of your ownership- something you have no control over.If you have 10k, there are a lot of better options out there for your money. Please see the FAQ on windfalls. 