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How To Invest In Gold

Gold is a hot commodity these days, with everyone from amateurs to experienced investors looking to grab a piece of the golden pie. Unlike paper currency, gold is not subject to inflation or global uncertainty.

As with any investment, it is a good idea to know all the facts prior to taking the plunge and risking loss on your investment.

The price of gold has fluctuated wildly over the last year, with prices starting at $1,700 at the start of 2012, and spiking as high as $1,800 in October of that year. Despite the unpredictable change in value from one day to the next, it's never too late to invest in gold. While it is true that gold likely has hit its peak and will not climb any higher, it always will have value higher than paper currency.

But there are some things to know prior to investing.

The most important rule in gold investment is to allocate a fixed amount of money toward gold regardless of the current price. By doing so, it helps to spread out the risk over a period of time. It is recommended making an allocation of 3 to 10 percent monthly. More aggressive investors may want to allot 20 percent toward gold investing each month, but that is only recommended if there is an experienced money manager to assist in the monthly transactions.

There are four ways to invest in gold:

  • Gold Bullion – Bullion is the term for gold in its physical forms: jewelry, bars and coins. Among the most popular form of gold bullion for investors is the gold coin. The trick to buying gold bullion is to buy it as close to its "spot" price as possible – or within no higher than a 10 percent premium. Premiums higher than 10 percent will make it difficult for the investor to turn a profit. The price of gold would have to rise to that level or beyond for the buyer to make any money off of their investment, and that is unlikely to happen. Gold bullion can be stored at a number of places, including safety deposit boxes at local banks. There also are some gold-specific storage facilities across the United States.
  • Gold Exchange Traded Funds - Also known as ETFs, these are the best way to invest in gold without the hassle of finding a place to store it. A cross between mutual funds and individual stocks, ETFs are funds which offer instant diversification. A gold ETF is designed to reflect the true price of physical gold on the market. The most heavily-traded gold ETFs are, respectively, SPDR Gold Shares, iShares Comex Gold Trust and ETFS Gold Trust.
  • Gold Exchange Traded Notes – Higher in risk than the previous two forms of gold investment, a gold exchange traded note trades on futures markets. Investors provide a bank or broker with money for an agreed upon time frame. When the investment time frame has been reached, the investor is paid a return that is based on the note's performance per the gold futures market. Depending on the performance, the investor can lose all of his money. This is one of the riskiest ways to invest in gold and is not recommended for first-time investors.
  • Gold Miner Stocks – By far the riskiest way to invest in gold, this kind of investment has a 3 to 1 leverage in the actual price of gold and trades with the broader equity market. If an investor wishes to take this route – which is not recommended – he should locate a company with a history of strong production and reserve growth.

Analyst: Time To Sell Bitcoin And Buy Gold Miners (GDX)

From Collin Kettell: In this interview, metals analyst Jeff Berwick explains how he's been surprised by just how good the crypto space has done this year. He was telling everyone to buy bitcoin back in 2011 and has continued to recommend it. Jeff ...

Published:  Mon, 20 Nov 2017 03:39:00 GMT



5 Gold Stocks With Recent Insider Buying

Each month, I highlight recent insider buying at gold miners. I see insider buying as a positive sign; it implies that insiders are bullish on company stock and think the price will rise. Here are five gold stocks with recent insider buying and my thoughts ...

Published:  Mon, 20 Nov 2017 01:45:00 GMT



These Doomsday Preppers Are Starting to Switch From Gold to Bitcoin

"Buy bitcoin" is now a more popular search phrase than "buy gold" on Google. The buzz is starting to impinge on gold's role as a store of value especially since, like the precious metal, there's a finite supply of bitcoin, which proponents say ...

Published:  Sun, 19 Nov 2017 21:00:00 GMT



Gold Buy Signal Leads To Push Higher

In recent weeks, we have been focusing on 1260.00 support in Gold, as a "˜line in the sand' for buyers. That level has held firm in recent weeks as we can see below, with price beginning to make a swing higher last week. Notice the fakey signal on the ...

Published:  Sun, 19 Nov 2017 18:53:00 GMT



Iranian Olympic athlete to sell gold medal for earthquake relief

Weightlifter Kianoush Rostami won his gold medal in Rio last summer but says it belongs to the people of his home country. Rostami, 26, is auctioning off his medal to raise money for those affected by the 7.3-magnitude earthquake that rocked the Iran-Iraq ...

Published:  Thu, 16 Nov 2017 12:29:00 GMT



Olympic Weightlifter To Sell Gold Medal For Iran's Earthquake Victims

Olympic gold medalist Kianoush Rostami of Iran is auctioning off his prestigious medal to raise money for the victims of Sunday's catastrophic earthquake on the Iran-Iraq border, which has left at least 530 people dead and thousands injured.

Published:  Tue, 14 Nov 2017 13:44:00 GMT



Bitcoin RIVAL: Could you make money from GOLD Glint challenges cryptocurrency giant

Users will be able to make payments through mobile phone apps or a conventional MasterCard, allowing anyone to buy, sell and gift gold by the gram - or fraction of a gram. The e-money enterprise based on the world's oldest currency could challenge ...

Published:  Mon, 20 Nov 2017 00:37:00 GMT



Sell Ray Dalio Your Gold, Get Free Copy Of Principles

Bridgewater Associates chief Ray Dalio has been doing some marketing recently, hitting to road to hawk his hardcover life's work all the way to the top of the New York Times bestseller list (albeit briefly). But Ray hasn't only been selling. He's ...

Published:  Tue, 14 Nov 2017 03:51:00 GMT



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