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I think gold is going back to the 700 range........should I invest in the metal or in the miners? |
Inflation and a weak dollar should mean higher gold. What is the best way to play it? Thanks. I like trading the gold ETFs. http://gold-news.org/ and http://etf-world.org/ both have some good information. Good luck with that move, especially when the core rate peaked last month and other countries are already taking their interest rates down... You get more leverage by investing in a marginal producer. A rise in the price of gold has a very large impact on their earnings and thus the share price. But you should consider the consequences if you should be incorrect. |
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I would buy gold bar's or GLD stock the web sight is: ... That is not what BHP is. It is the largest resources conglomerate in Australia. Its gold mining in Papau New Guinea not a main focus. China after Australian coal and other resources which helps BHP... LOL. The dollar value is dropping and you want to invest in gold now? BAAAAD Idea. ...I would say silver. Here's why; At their all time highs, gold was $850/oz. and silver was $50/oz. Adjusting for inflation, gold should trade at around $3000/oz to equal it's previous a... As far as gold is concerned I would buy gold mining stocks now such as Yamana Gold or Barrick Gold. They should report a nice quarter with the rise up on gold. I agree with others, buy some buillio... There is more than one way to invest in Gold (or any other precious metal). One method is in the commodities market (also known as the futures market). There is not enough space to get into ful... That's a risky move if you ask me. Gold has historically been a horrible investment, languishing for decades and then experiencing a sudden spike. In my opinion, you'd be buying nea... gold is a standard so that is a pro but it is an investment like anything else, it can go up and down, gold will never go out of business and when the dollar gets weaker the gold goes up. but ju... |
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