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Investment, grams of gold? |
I am thinking about buying gold as an investment and I was wondering can you tell me how I would know if gold price went up or down? I think you have made a very wise decision. See below. |
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Buy Krugerrands for a low frills cost-efficient gold investment. [do you see the future of gold prices escalating drastically, or falling drastically?] Gold is at around $700 per ounce currently... The first one is a stock, the second one a fund, the third one an ETF. If you want to invest in gold, then gold mine stocks are best. Especially the mines that have a high production costs will ... With the current price of gold at approximately I would suggest buying 3 shares of GLD (an exchange traded fund that hold gold). This would cost a little under $300 plus commission (discount broker... Gold is a lousy speculative investment. Invest in a diversified portfolio of mutual funds over many years and don't worry about inflation. Gold has increased in value at the rate of 1.47%/y... Gold (and many other commodities) have broken out of a very long term base, after its price was depressed for many years, now the trend is up as we see continued demand out of China, India and othe... Run AWAY from precious metals right now. Seriously, the end of the interest rate hike cycle is drawing near. Don't hold gold, don't hold platinum, don't hold silver. Run Forre... Gold and silver have had an amazing few years. In hindsight, there are very few people who were better off by investing in anything other than gold or silver in recent years... however looking int... Silver i think is seriously undervalued at the moment. So i would say stock up on silver. Gold is closing to its peak. i cant see it going past $1000 mark really this year. ... |
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