Your Questions About Invest In Gold Bullion

John asks…

where can I find a RSS feed that shows a current gold PRICE PER OUNCE or CHART?

I cannot for the life of me find a gold RSS feed that shows a current gold price per ounce or a chart showing value of gold that I can paste into “add RSS feed on my yahoo homepage”. Can you perhaps? Thanks in advance!

Justin answers:

You may want to check it out with kitco.com or at the London Metal Exchange Rate site. They have the updated chart and current spot price of gold per ounce. If you want to know more about gold, gold bullion coins and gold investing try buypuregoldcoins.net

Steven asks…

Is Now A Good Time To Invest in Physical Gold?

With the upcoming economic upheaval, should gold be held in lieu of cash?
And will the FDIC be able to cover the coming bank failures?

Justin answers:

Yes you should own some physical gold. Gold and silver are money and have been for over 5000 years. There are many products you can own as far as gold goes. Coins are the best. Bullion coins in fractional amounts are good due to the fact that 1/10, 1/4, 1/2 ounce bullion coins are not required to be reported to the IRS. I personally own 1/10 ounce American Gold Eagles and pre 1933 $20 gold pieces. I loike the pre $20 gold pieces becaus ethey have outpaced all investment classes in the last 10 years. Year to date $20 gold is up 22% yet paper gold on the Comex is flat for the year. $20 gold pieces average about $1240 per coin right now. They cant be produced again. They cant be shorted in the market or subject to any manipulation. It is a cash and carry only market. Once you own gold even in small amounts you will feel safer. Up, down, sideways..it doesnt matter what the price does. At least you will have it and its not dependent upon anyones promis to pay.

FDIC will cover bank failures. But they cover it by debasing the currency that you are holding. Its called inflation.

James asks…

There are many adverts on TV for our unwanted GOLD so what are they going to do with the melted GOLD ?

Are they going to turn it into useless gold trinkets ?
It won’t be Pure Gold , with all different carrots of gold in it , will it ?

Justin answers:

Some will be sold for jewelery making but most will be turned into gold bullion – blocks of gold. Gold is a useful store of value which becomes more popular when other ways of investing become insecure or unpredictable. For example, I invested my life savings in an investment bond 5 years ago. It is now worth 80% of what I invested. Gold is a more stable investment in hard times. At present, people are buying gold as a store of value so the price is at a record high. That’s why they want your old gold.

Robert asks…

How does a Leveraged Gold ETF work?

This is what is called a 2x ETN. But, could someone please walk me through how a bank acquires the bullion, and then is able to reflect 2x the movement of the bullion to investors. Thank you very much.

Justin answers:

While a 2X response can be achieved with simple leverage (borrowing to invest), the multitude of funds that have become available over the years has been due to the broad acceptance of Modern Portfolio Theory made popular by Markowitz and by CAPM (Capital Asset Pricing Model). The 2X relationship is actually an elasticity (beta) in that it will tend to have a 2X response, it doesn’t necessarily will. Basically the funds can and do construct portfolios not only of futures contracts on the commodity itself but with equity and bonds that are statistically correlated to the spot rate of gold thereby being able to deliver the 2X response after their management fees have been taken into account. It would be a good idea to take a look at the prospectus of the ETF to see what their holdings and strategy is to achieve their results. Of course, if all you wanted was to get a 2X direct relationship to the spot rate, you can just buy futures contracts on margin (of course that would be using up your own margin).

Paul asks…

What’s the best and most secure way to invest in Gold Exchange Traded Funds?

Imagine if another depression were to happen.

Justin answers:

First I think you are very smart to be thinking of investing in gold. The easy way is to buy Gold stock like GLD with say at e.g. TD Amertrade. Even as high as gold is today I think it is under valued if you compare to the weak dollar and inflation.

For centuries, buying gold has been recognized as one of the best ways to preserve one’s wealth and purchasing power. Gold is a unique investment, one that has served mankind well for thousands of years. From the times of ancient Egyptians, Greeks and Romans to more modern times, man has been fascinated with the beauty and magic of gold, and with its power to change men’s lives.
Gold bullion is real, honest money…and, many say, the best form of money the world has ever known. It is a store of value and a safe haven in times of crisis. Gold is rare, durable and does not wear out in the manner of lesser metals (or paper!) when passed from hand to hand. A small amount, easily carried, can purchase a significant amount of goods and services. It is universally accepted, and can be easily bought and sold around the world.
Today, the beauty of a gold bar lies in its ability to diversify investments, protect wealth and preserve one’s purchasing power.
On.

Mark asks…

Where is the best and most reliable source to buy real tangible gold?

I’m just investing in my future.

Justin answers:

Good question. The US Mint has “authorized” resellers of the Gold Eagle Bullion Coin. I would recommend buying your Gold from them, since you are assured that its come straight from the US Mint via that reseller.

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Mondelez Investing $200M in Coffee Farming

Mondelez Investing $200M in Coffee Farming

DEERFIELD, Ill. — Mondelēz International Inc. will invest a minimum of $200 million to empower 1 million coffee farming entrepreneurs by 2020 as part of its "Coffee Made Happy" initiative. The program is designed to help the next generation of farmers
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Triple Threat Investing: Wells Fargo

Triple Threat Investing: Wells Fargo

I'd like to preface this article by explicitly indicating that the following commentary is not meant to be a Wells Fargo (WFC) purchase recommendation. Everyone is different with regard to their investing style, scope and requirements. With that being
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Your Questions About Investing In Electric Guitars

William asks…

What do I look for in an electric guitar and amp?

I am thinking of getting into the electric guitar thing, but as a novice I don’t know what to look for in an electric guitar or amp. What are some good brands for both and features that I need to consider?

Thanks

Justin answers:

If you have the $ to invest get a nice les paul or strat as they are considered standards by players and studios and you can usually get your money back if you change your mind and sell.
Get a classic fender or marshall tube amp for the same reason or a line 6 with multi classic amp sounds.

Michael asks…

i need to make my electric guitar sound distorted without amp just a keyboard?

hi, i need to make my electric guitar sound distorted without amp just a keyboard. is there any way i can do this without going out and buying crap? because ive had this guitar a while now and do not want to invest more money into it.
thanks in advance.

Justin answers:

No, ull either have to buy an amp with distorntion/overdrive built in or buy one thats not and buy an effects pedal or two

James asks…

Looking to make my first electric guitar and need tool advice?

Hi i am looking to make my first electric guitar. I was planning on starting from a template of a tele or a strat and i need to get a table/overhead router set up. I could do with some advice on what the minimum router required is and any recommendations on what to get as there is a huge range of different types?

http://simnettguitars.co.uk/forum/index.php?topic=3586.0

I found this website that shows one being made and helps a lot but i only plan on making a couple and need to know what things to look for when buying a table and router. Thanks

Justin answers:

I would start with a kit, and then decide if you want to invest in the tools to carve your own.

Http://www.grizzly.com/products/category.aspx?key=235040

This company can help you with all the information you need to do it however you decide.

Good luck.

Paul asks…

If I wanted to learn to play the electric guitar, would I have to learn to play acoustic first?

If I wanted to learn to play the electric guitar, would I have to learn to play acoustic guitar first?
Also, any tips on learning the guitar? I’d probably go to a teacher, but I was just wondering if anyone had experience? Is it hard? What do you think of it? I want to be sure I want to take lessons before I invest in not only the lessons, but the guitar too.
Any feedback would be much appreciated.

Thanks in Advance(:

Justin answers:

No. You could learn to play an electric without learning to play an acoustic.

It isn’t terribly hard, but you do have to toughen up your fingertips, especially if you play a steel string guitar. There are probably stores where you could rent a guitar while you start learning, and that would allow you to take a few lessons and practice without actually buying one.

David asks…

What is a good set of cheap, noise-cancelling headphones?

The person in the bedroom next to mine makes a lot of noise with Electric Guitars and a Drumkit, as well as acapella singing and general noise from playing CDs/Mp3s. I want to invest in a set of noise cancelling headphones but don’t want to spend too much. Any particular models I could get?

Justin answers:

I don’t think that even an expensive pair will help you….
Try :
JVC HANC80 ~$35
Sony MDRNC7 ~$50
Audio Technica ATH-ANC1 QuietPoint ~$80

Thomas asks…

Can somebody help me with a guitar question?

I got an electric guitar for my birthday a couple months ago and I still don’t know how to play it. Can somebody help me such as a website or link? Any help will be appreciated. Thanks!

Justin answers:

“How to Play Guitar” by Roger Evans is a really good book to start off with to teach yourself how to play. I taught myself with this book. Get as far as you can on your own, and then maybe invest in some lessons. You wouldn’t have to start with the basics, because you would already have a good start. That’s what I did anyway and it worked pretty well. Oh yeah, and practice every single day, that is also a major help.

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Your Questions About Invest In Gold Mines

Richard asks…

What are your thoughts on Gold and precious metal investing right now?

I have been dollar cost averaging stocks such as GG and AU since those gold mining stocks hit new highs in early December. My investments have decreased significantly so far. The stocks themselves are down about 20% since their early December highs. Because I have been dollar cost averaging these stocks my investments in these stocks are only down 7%. I feel in my heart that Gold and Oil stocks are going to bounce back up soon and that is why I keep buying 100 more shares everytime these stocks have a bad day like they did today. In fact I bought another 100 shares of GG today at $37.72. I feel in my heart that Gold and Oil stocks are going to reach new highs again.

What are your thoughts on this? What could possibly cause these stocks to stay depressed for any length of time?

financi4 answers:

I’m guessing two or three more weeks of correction in gold and then resume its natural course. Just look at the length of the past runs and corrections on a chart and you get the idea. I’m still new at this(15-20yrs) so its difficult to be exact.

Daniel asks…

Stocks in Gold and Copper Mines… and Chinas influence!!?

Hi All,

I’m a beginner in the stock market and i have about 10k that i want to invest… but understandably I’m a little anxious on what stocks to be buying.

I’m looking at Gold and Copper mines due to the strengths of both of them despite the lows in the Australian stock market and in face of a possible recession in the States… but I’m not sure of the effects of Chinas influence on the price of gold and copper.

Could anyone shed light on this topic… or give advice to a beginner that is trying to learn as much as possible.

Thank in advance

financi4 answers:

In my view, China is becoming an increasingly larger consumer of all kinds of things, including gold and copper. I would expect that extra demand to keep the prices higher than they would be without that demand (unless of course the supply increases by more than the demand, which I doubt will happen).

However, I personally would NOT be investing in anything related to gold, copper, or other commodities right now. The prices have risen dramatically in recent months. While they could still go higher, I suspect we’re closer to a top than a bottom in commodity prices. Remember the bubble in tech stocks a few years back? Prices were high and rising and everyone wanted in. Then the bottom fell out and the people that bought high lost a lot of money. Remember the bubble in home prices just a couple years ago? Same story.

The last time gold was setting record highs was in the early 1980s. Same story as the other bubbles. Not long after, gold started a long downtrend and only got back to the early ’80s prices recently – after 27 years! Historically, over the long-term, gold and gold mining stocks have not been particularly good performers.

If I was just starting and had $10k, I personally would put it into a mutual fund that tracks a major market index like the S&P 500, Mid-Cap 400, or Russell 2000. (Fidelity, Vanguard, American Century are some of the fund companies I like.) Diversifying (i.e. Spreading) an investment across many stocks in many industries is important to protect the investment against a sudden drop in one or two stocks. Buying an index-based mutual fund provides diversification with a single purchase. Doing it by buying 20 different stocks, in my view, requires much more than $10k (I’d say $50k minimum) to keep the commissions low as a percentage of the investment.

Another possibility is an exchange-traded fund (ETF) that tracks a major index. SPY, MDY, and IWM are the ticker symbols of three such ETFs. An ETF is pretty much like a mutual fund, but is bought and sold like a stock through a broker rather than through a mutual fund company.

For me personally, I like the Russell 2000 based funds (or the IWM ETF) right now. In the recent stock market debacle, small-company stocks are down more than larger company stocks (over 20% off the high now I think). They could certainly still go lower, but looking back five years from now, I think the current prices will look VERY cheap.

Steven asks…

how do you invest in gold ?

do you buy shares in the companys that mine it? or do you actually buy gold as in rings and watchs etc ? or gold bars ?

financi4 answers:

Bit late for that now. The price of gold is through the roof so the only way is down unless you plan on a long term investment…. And I mean long!

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