Gold,does anyone buy or invest in it?

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krichardson

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Jun 19, 2006
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I'm in the process of looking into it so any advice would be welcome.
 
One of safest investments you can make, You will not really make money but you dont have worry about US dollar dropping cause of inflation and over printing of money. Just stable invesntment I think.
 
csx4236;3931853; said:
One of safest investments you can make, You will not really make money but you dont have worry about US dollar dropping cause of inflation and over printing of money. Just stable invesntment I think.
Thanks.
 
Check out stock symbol GLD. It's an exchange traded fund that invests in Physical Gold and tracks the price movement of Gold. It's traded like stocks and therefore very liquid. They warehouse their gold holdings in a very safe place.

Buying and keeping physical gold is fine too if you are willing and able to store it in a safe place.

Buying Gold jewelry is another option if you are capable of ascertaining the quality of the gold in the jewelry you are buying.

You may also buy Gold coins from the US mint directly from their web-site or thru e-bay.
 
My wife is heavily "invested" in gold! LOL!!
 
I pick up gold every time I see it laying around on the ground that someone has lost.
When ever I see it at garage sales, etc etc....
Sold a small pile of rings chains ear-rings and other gold stuff back in December 09. Paid my rent, bought filters and food for the fish, and finished the money off on a 1/5 of Black Velvet.
 
Gold backed off it's all time high, and currently trading for around $ 1,100 an ounce. I think It's still around it's all time high, in terms of Euros.

For some valuable commentaries on the future of Gold prices, I check on the blog of Larry Edelson on the Uncommon Wisdom Web-Site

http://www.uncommonwisdomdaily.com/

They provide free information on their view of where the markets are headed.

Larry is their more Senior Analyst. However, these trio of Analysts have given me very valuable insights of the opportunities available in the Financial Markets including Gold and Black Gold (i.e. Crude Oil).
 
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