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What should i invest in gold or platnium? |
I currently have some cash to invest in and im interested in gold and platnium. I have around $10,000 to invest so i was wondering which one seems to have the better future to make me money gold or platnium? Neither. Both are commodities that have no earnings. Gold platnium If you know what u are doing invest in gold....... It changes a lot now ..... it goes up and down within $10 and jumpes to 20 or 30 its really good i make lots of money playing with gold. Metals don't generate new wealth like a company does, and therefore their value doesn't gain much, except during times of shortages or falling stock and real estate markets. Gold's value is in some industrial uses; platinum is rare but cannot build a nation. Wealth is now measured in computer bits, not metals. Gold is expensive and price is very volatile. Think about silver - you can buy around 650 oz. I wouldn't recommend either right now. I invested in gold 3 years ago, and have made a lot of money, but it's almost time to sell and take my profits. Platinum follows similar cycles. Try uranium there is a big supply and demand gap for it right now. if you confuse where to invest, my suggestion is to invest your money in education first. |
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I think the glory days of gold are past for awhile... I see such better opportunities in stocks and mutual funds, not to mention real estate. I would invest in a painting before buying gold. ...to invest in gold, check out: Central Fund of Canada (AMEX:CEF) which holds nothing but gold & silver bullion so you get exposure to the physical, and you don't have to worry about sto... The era of buying gold directly is GONE forever. Buy the exchange traded fund GLD.You get all the gains or losses from the moves in the price of gold and you don't have to worry about stori... First, read the FAQ in the link below. Second, decide what kind of gold/silver you want (coins, bars, exchange-traded gold/silver, certificates, etc.) Third, buy low and sell high (If you wnat to... Better to put you money into gold EFTs or stocks. There is more leverage, the bid-ask difference is smaller and the transaction fees are smaller. ...Gold depends on U.S. economy...like stocks... we cant say gold is beneficial.... Nothing is safe in investment . ...Yes, there are several gold ETF's. IAU and GLD are two of them that can be traded as you trade equities. You can even use limit orders on them. Just watch the expense ratio. For more informati... Nobody buys Gold Bars anymore. If you want to invest in Gold then buy the actual metal safely stored in a Bank Vault. Open a brokerage account at TD Ameritrade and buy GLD. ... |
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