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How do I invest in heavy metals?


How do I go about investing into gold and silver in a safe and secure manner?

You could buy individual gold and silver stocks, but they are quite different from owning auctual silver and gold on a mercantile exchange.

When the market is behaving in a "sane" manner, you will see individual stock prices change in accordance with whatever silver and gold are trading at. But in this "insane" market now, that is not so. A lot of silver and gold companies stock prices are being driven down, even though actual silver and gold prices have went up.

This summer I wanted to get in on the metals runup so I purchased shares in copper and gold companies. The two I got were FCX and SLT. Check them out. They are actually trading for a pretty low price now, especially FCX. They are mainly a copper company though. Made some good money off them... actually that was the only money I made in the market this year. Sour market...

You buy gold and silver coins, bars, or funds based on the price of the metal.

Consider purchasing ETF's that hold gold and silver bullion. GLD is the symbol gold and SLV is for silver. This can be done in any standard brokerage account. I hope this helped.

Best of luck!

Brendan Prewitt
President, New York Capital Investment Group LLC

buy symbol X

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