Friday, March 23, 2012

Q&A: How to invest in GOLD? Goldsenze | Gold Investment Trading ...

Q: How to invest in GOLD?

I?d like to invest in GOLD to hedge and as a long-term investment. But I don?t really want to buy Gold ETFs or (vintage) gold coins from stores. Please recommend reliable banks or brokers in US that can help small investors like me invest in gold.

Thank you. :)

ps, I won?t chase the past returns.
Also, does someone know the difference between Gold and Gold Future ?

goldsenze.com Answer:

Why wouldn?t you buy GLD, the ETF? It mirrors the performance of the physical but it much, much more liquid. And you don?t need to buy a safe in which to store it. Typically, if you don?t want to buy coins then you have to deal with a metals dealer, and they typically charge very high commissions on sales. If you are buying less than a few million USD worth of physical gold, go with an ETF ? there is no reason not to. D

Robert Kiyosaki is a leading financial expert, successful entrepreneur and award winning author. This interview gives an insight into Robert?s investing strategies, touching on areas such as real estate and precious metals. He gives valuable insight into debt management and recommends increasing your financial education.

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