Buying gold?
Dane A asked:
Is there some where that i can buy gold in $100 pieces? I would like to start investing in gold $100 dollars a month any information would be great.
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Is there some where that i can buy gold in $100 pieces? I would like to start investing in gold $100 dollars a month any information would be great.
October 4th, 2009 at 10:16 am
If you actually want gold pieces that you can hold, then I can not help you. But if you are interested in buying $100 positions in gold, try the Gold, ETF(Exchange Traded Fund) symbol ‘GLD’. The GLD symbol can be bought and sold like any stock. Its’ value is 1/10 the price of gold. The transaction fees with buying and selling GLD will be less than actual gold pieces. trader
October 6th, 2009 at 8:57 pm
If you want real gold, buy it digitally. Senator
October 7th, 2009 at 1:21 am
I would caution you against owning gold. It has already made a hugh runup. You’ve missed that boat and getting in now would be a big mistake in my opinion.
I’d buy some ETF funds (exchange traded funds). Dollar cost average and over time they should out perform gold by big numbers. Gold has historically been a play to “not lose”. If you want gains, then you have to play to win. That is being in the market. Good luck. Terry T
October 7th, 2009 at 9:54 pm
The dollar is still falling and gold will probably increase.
The Mexican DOS Peso and the US 1/10 oz bullion Eagle are both affordable forms of gold coins. Mere_Mortal
October 10th, 2009 at 7:03 pm
IAU. Formely known as Frank Castle