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The price of gold has taken a steep upturn does this in any way have any ties with future stock market crashes |
People usually invest in gold when they are unsure of the stock market so stop investing in the stock market and so shares loose value or so I heard The last spike in Gold was in the early 80's and there was no major drop in the markets. THAT SOUNDS ECONOMICALLY VIABLE TO ME. Hugo Chavez, Evo Morales and Mahmoud Ahmadinejad are scaring many investors. |
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It is easy to get started in gold investing and it can be a smart move--maybe. First, the ishares gold exchange traded fund trading symbol is IAU (Silver is SLV). So you can buy gold (or silver) ... Any large bank will offer you a range of services to buy gold, the usual routes are gold coins or even krugerands. Just walk into your local Citi or Bank of America, and ask to talk to someone abo... $50/oz gain x 100 oz = $5,000 ...You should be able to buy coins at a local dealer. In Canada you should also be able to buy at Scotia Bank ...Gold is an option, but maybe not the best. There are several ways to invest in gold. Buy gold coins. Disadvantages: have to store them, have to pay mark up to buy and mark down to sell. ... Try these :- ... Only from reliable sources. Some can depreciate in value quite quickly. ...Yes and No. If you're going to invest in gold, buy one of the ETFs or a precious metals mutual fund. If you own the coins or bullion, there it is and it doesn't do much, plus you have to ... |
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