For younger people looking for an investment that can diversify their portfolio and provide a hedge against inflation (not to mention being easy to sell), gold may be an option worth pursuing.

LAUREN FRAYER, HOST: Gold is considered a safe investment during times of financial uncertainty and turmoil, which explains the historic run this precious metal has been having. Last week, it briefly ...

And like many young people, I've always been intrigued by the idea of finding a treasure, in particular, gold," Roupp said. "You see, with gold, you really have to work hard to earn it." That's right.

"If I was looking to get $350 for my items and I got $89 for them, I would not be happy," said Dan Brauser, president and chief financial officer of Dollars 4 Gold.

Northern California has a long history of people searching for gold. The first gold was found in the area of Coloma in 1848, and today, miners are still looking.

In 2010, 2011, you know, gold was right around 1,800, and people then talked about, well, it's going to hit 2,000. A lot of people were like, no, it's not going to hit that.