Long written off as the stuff of ‘goldbugs’ and conspiracy theorists (mostly unfairly), gold is coming into its own as a favored investment. Monday, gold climbed to an all time high of $1174 an ounce, enough to make many people sit up and take a look. Gold has been in a bull market for a long time… is gold for real, or are we witnessing the third bubble in a ridiculously short time (housing, oil, gold)?
Read the rest of this entry »Funds or Physical Metal?
One pays a dividend, has enterprise value, and has the potential for growth. One is a piece of metal long accepted as a store of value. Which one do you invest in: gold (or silver) mining stocks, or gold (or silver!) itself?
Read the rest of this entry »Carnivals, Week of July 13th
Our article, “Investing in the 79th Element”, is hosted over at Man vs. Debt for the Carnival of Personal Finance! Go check it out, the theme is New Zealand!
Read the rest of this entry »Investing in the 79th Element
Gold, the 79th element in the periodic table, is perhaps the most controversial of any investments. Every investor seems to have an opinion on the metal. Some people, particularly enamored with the constitution, read into it the necessity for the government to only issue gold (and silver) coins.
Regardless of your viewpoint on the legality of fiat currency, perhaps you have decided to invest some of your hard earned funds into the stuff. There are many ways to approach investing in gold; I will lay out a few approaches to gold investing in this article.
Read the rest of this entry »