Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 20,000+ forum members and 900,000+ forum posts. For the latest up to date stats please see the stats in the right sidebar when browsing from desktop. 

2 WaysTo Invest In A Gold


antokay

Recommended Posts

There are two major ways of investing in gold: Buy it in physical form or invest in financial products. There are pros and cons of each type of investment. The Financial Markets have developed a number of solutions for investment purpose. Individuals can invest in stock exchange; buy foreign currency; purchase shares of multinational companies.

There are several Financial Products in gold investment. You can buy gold stocks, mining businesses, gold ETFs, gold Mutual Funds in place of bullion or physical precious metal. You can get all The products through most Brokers and it is very important to consult a professional and conduct your own research to find the best brokers.

Also investing in physical gold in the form of bars and coins is good option. There are merchants who invest in buying and selling through the international exchange. Another preference to invest in Physical gold without need to worry about keeping it locked in a safety place is to use the gold accounts of banks.

The units in the accounts in the banks are backed by physical gold held by the banks, given you assurance that you can convert your holdings back to cash anytime.

Link to comment
Share on other sites

On May 20, 2016 at 07:31, antokay said:

The units in the accounts in the banks are backed by physical gold held by the banks, given you assurance that you can convert your holdings back to cash anytime.

I'm note sure about Europe, but in the US, there are various gold funds (specifically ETFs such as IAU, GLD) that do NOT have the backing of the PMs to support their holdings. They may have some amount of gold, but also use derivatives.

Be careful when investing in these - if you wish to punt of metal prices,they are a quick and easy play, I've done that. If you're thinking about using them instead of your portfolio of physical gold, think again.

1. There's no way to convert these holdings directly to gold

2. In a zombie-apocalypse, there's no way you are getting any gold, or probably any cash

Again I am not sure about Europe/UK, maybe someone else can advise on that.

Link to comment
Share on other sites

Yes, it really depends what you are planning to do with your fiat money. Most on here prefer the physical metal and there are some that are into investing in paper.

I'm into physical metals all the way at the moment and am certainly learning/looking into financial products.There are pro's and cons with 'paper' and physical investments, it all comes down to research and study at the of the day. Un-educated purchases can also lead to buying the wrong or overpaying coins/bars or financial investment.

I think you may appreciate the book by Michael Maloney if you haven't read it. I think it's a recommended reading/study if you are into all of the above :) 
Michael has also published a late 2015 update with additional notes, and is worth reading and the title does what it says.

https://www.amazon.co.uk/Guide-Investing-Gold-Silver-Financial/dp/1937832740/ref=sr_1_1?s=books&ie=UTF8&qid=1463998203&sr=1-1&keywords=michael+maloney

http://www.amazon.com/Guide-Investing-Gold-Silver-Financial/dp/1937832740?ie=UTF8&keywords=michael%20maloney&qid=1463998299&ref_=sr_1_1&sr=8-1

Here is part 1 of the audio book on youtube at the moment...

https://youtu.be/d7abGP-O8zU

 

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

Ă—
Ă—
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use