<prompt> Human: This spending habit apparently started around 2004 when they bought their first gold coins, fueled by stories of their friends buying 10 or more 1 pound coins at once. Things would have gone alright had gold done what it usually does; they would have sold them after not gaining anything and done something useful with the money. Except it skyrocketed until 2012 and the value doubledtripled, only serving to embolden them and make them want to buy more. All those friends who had 10 gold coins each didnt help either. Since then, gold has gone down 20-30 but they remain adamant that its only a matter of time before it shoots up again. Just the other day they went out and bought a coin at just over 900. It doesnt seem like their interest in gold is rooted in theories of economic collapse or anything. I think its more a cultural thing; they are from India where gold is highly valued in terms of marriagedowry and as an investment. Their plan, so to say, is to sell all these coins in 20 years after theyve appreciated, andor melt some of them into jewelry for a wedding in the meantime. Should I tell them to just sell all those coins now and re-invest, or do they just have to keep them at this stage?  <response>: IMO gold should be a third order investment for very wealthy clients looking to hedge against major events ie. the .1 chance a major war breaks out in 10-20 years. Think like a gold share in a bank vault in Switzerland. It doesnt really make much sense in any other scenario. 