Saturday, March 21, 2020

gold investing?

Jacques Teri: In part this depends upon how much money you have to invest in the first place, (it takes money to make money).You could invest in the "Commodities" market, if you have enough money. But be very wary, the last time I checked there are only three companies in the United States that are legally allowed to deal in the "Precious Metals" commodities market. One of these is called "Monex" which is based in California and is a highly reputable company.If this type of investing interests you, I would strongly suggest you contact the Securities Exchange Commission prior to investing just to update yourself on the Companies who are legally allowed to trade in this market, (and ABSOLUTELY stay away from any others)!If you want to invest in smaller amounts, you might simply visit a local coin shop, most of these sell gold bullion in 0ne ounce bars.I would be negligent however if I didn't point out to you that if precious metals (gold) interests you, I would strongly sug! gest you don't invest in gold, but invest instead in silver. The reason for this is simple mathematics, maximize your potential profits with a minimal expense, get the most for your money.When Gold increases dramatically in price, Silver almost always does the same.....but with one very big difference, Silver increases at a much faster pace....which in turn means you would make a much higher profit. Silver is by far, the better investment for a number of reasons, you can initially also buy much more Silver which also allows you to increase your profits dramatically compared to gold....Show more

Donovan Stallons: Hmmmmmm. Gold is pretty much higher than it has ever been and you want to invest in it? It is "Buy high, sell low"? Noooo that's not it. Hmmmm.

Mack Ukich: 1) Look on Kitco.com, which will tell you gold is at $800 an ounce today, look at the history (gold is higher than ever in 27 years)2) have your money ready 3) Shop around, eBay, coin shops, on! line or walk in. 4) Make sure this is what you want to gamble ! on....Show more

Kandi Lough: No u . s . in the worldwide can take determination in keeping with unexpected, unheard of happenings. united states of america forex were undeclared worldwide forex, and its bonds even at present are the main secure bid. After standard & adverse downgraded US credit status to AA+, at present, US Treasury bond cost went up, no longer down. S&P has taken countless undesirable judgements in previous too, even whilst liberating the checklist for united states of america on Friday, it has miscalculated quantities fairly worth 2 trillion money. in this rescission, particularly some the companies that when into extensive losses have been rated as AAA with the aid of S&P and different credit companies. i do no longer see any mistake with the aid of government's years of investment in US treasury bonds that are nevertheless seen as safest investment. To ultimate you, India did no longer positioned money into US treasury bonds quite of Gold, so your! question is miscalculated and misquoted. Indian government has 614.8 loads of gold reserves formally declared in December 2010. we would desire to have varied investments, no longer all investment in one commodity, and that's the 1st and the main elementary rule of financial equipment. different than Gold and US bonds we've reserves in different currencies which comprise Euro, Chines and jap currencies. Our place with admire to foreign places investment with the aid of RBI is risk-free and stable....Show more

Mercedez Trabue: You can buy an exchange-traded fund, GLD, from any stockbroker. It tracks the price of gold, up or down. And you don't need to worry about storing your gold.

Doreatha Kjellsen: LOL. The dollar value is dropping and you want to invest in gold now? BAAAAD Idea.

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