http://www.goldbuyingguide.com/blog/what-is-wrong-with-buying-gold-in-different-forms/ Fri, 18 May 2012 03:07:27 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.goldbuyingguide.com/blog/what-is-wrong-with-buying-gold-in-different-forms/comment-page-1/#comment-1398 muncie birder Thu, 16 Jul 2009 09:55:55 +0000 http://www.goldbuyingguide.com/blog/what-is-wrong-with-buying-gold-in-different-forms/#comment-1398 I would avoid flakes and nuggets. There is no guarantee of purity with those. Either branded bars or coins or an ETF is the best way. The ETF is the least expensive way and the easiest to sell also. Coins generally sell for the highest premium but there was a time when South African coins actually sold at a discount. Also I might add that there is a considerable bid/ask spread on physical forms of gold whereas on an ETF only a brokerage commission. GLD is the most popular but I believe IAU is another. One might also consider gold mining shares. These are more leveraged than just plain gold. That means that when the price of gold increases the gold mining company stocks tend to rise much faster and vice versa. There are also index funds of those. GDX is one. I would avoid flakes and nuggets. There is no guarantee of purity with those. Either branded bars or coins or an ETF is the best way. The ETF is the least expensive way and the easiest to sell also. Coins generally sell for the highest premium but there was a time when South African coins actually sold at a discount. Also I might add that there is a considerable bid/ask spread on physical forms of gold whereas on an ETF only a brokerage commission. GLD is the most popular but I believe IAU is another. One might also consider gold mining shares. These are more leveraged than just plain gold. That means that when the price of gold increases the gold mining company stocks tend to rise much faster and vice versa. There are also index funds of those. GDX is one.

]]> http://www.goldbuyingguide.com/blog/what-is-wrong-with-buying-gold-in-different-forms/comment-page-1/#comment-1397 reda s Mon, 13 Jul 2009 11:28:28 +0000 http://www.goldbuyingguide.com/blog/what-is-wrong-with-buying-gold-in-different-forms/#comment-1397 It doesn't matter what form it is if it is real gold, it is sold by weight. It doesn’t matter what form it is if it is real gold, it is sold by weight.

]]> http://www.goldbuyingguide.com/blog/what-is-wrong-with-buying-gold-in-different-forms/comment-page-1/#comment-1396 milton b Fri, 10 Jul 2009 16:03:24 +0000 http://www.goldbuyingguide.com/blog/what-is-wrong-with-buying-gold-in-different-forms/#comment-1396 Gold is really a rotten investment, it doesn't earn interest and the price can fluctuate wildly. You would be better off putting your money in a CD and at least be certain of earning some interest. That said, the safest investment in gold is in bullion coins. The content is known and they are the easiest to buy and sell. I would suggest American Eagles and Canadian Maple Leafs as the best as the dealer markup will be the lowest on them. Gold is really a rotten investment, it doesn’t earn interest and the price can fluctuate wildly. You would be better off putting your money in a CD and at least be certain of earning some interest. That said, the safest investment in gold is in bullion coins. The content is known and they are the easiest to buy and sell. I would suggest American Eagles and Canadian Maple Leafs as the best as the dealer markup will be the lowest on them.

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