Can you invest in gold without actually buying physical gold? Can you buy a “stock” on the price of gold?


Posted May 31st, 2010 by admin 3 Comments »
gold buying
Jude L asked:


I know you can invest in gold companies but I want to know if you can buy a security that is always alued at the current market price of gold(or proportionnal to it).

Thanks a lot

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Posted in Economics | 3 Comments »

If the dollar is not under a gold standard, how come we can still buy gold?


Posted April 3rd, 2009 by admin 4 Comments »
buying gold
Marc D asked:


I never understood that. Does that mean we can buy gold from anyone else but the Central bank? Why do they care about gold, if people prefer to carry paper money instead of gold in their pockets? Do they fear that people may sell them if they did not have them in their vaults?

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Posted in Economics | 4 Comments »

why do countries buy gold when the value of the dollar goes down?


Posted February 9th, 2009 by admin 4 Comments »
gold buying
football__ asked:


i was reading some of todays business news. and it says that more and more countries are buying gold.
here is a small paragraph of the actual article:
“With bank shares across the world plunging and the US dollar still unstable, central banks have no better option but to diversify their reserves into gold, considered the only alternative to the US dollar and euro.”

Why buy gold in particular whenever the value of the dollar and/or the euro go down?
and why gold? is there anything else besides gold?

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Posted in Economics | 4 Comments »