About investing in Gold...?
I want to invest some money in Gold. Where should I look, should I invest in coins, bullion or ETFs? What should I do? What is the most lucrative and what is the most safest should some kind of depression or recession come around? Please give me the basics.
Public Comments
- Here's a couple of links for you. The first is gold, the second silver. It is a very convenient way to get in without having to take possession or pay rent for storage. It is a good idea.
- My preference would be bullion. You know that Gold went up from around 300 to 700 on a steady increase over the past 5 years. If the US dollar keep weakening Gold is an excellent choice. Personally, I prefer bullion.
- good move.
- Before you invest, research the history of precious metal prices. They can be very volatile.
- 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 buillion for now wait for gold to get down to 720 and get into the ETF.
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