Your Questions About Invest In Gold And Silver

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Richard asks…

am i over paying for gold and silver?

i am currently investing in gold and silver, i am paying $50 for a gram of gold and $30 for a oz of silver, am i getting ripped off or am i getting a good investment? i buy about 3 a month of each.

financi4 answers:

You are getting a good deal on the silver. I’d like to know how you get a price that close to the spot price on small purchases.

Thomas asks…

Question About Investing in Gold and Silver?

i was wondering how much can be earn investing in gold and silver and what are the pros and cons of investing

financi4 answers:

This is all depends on your desired route to market. If you are seeking a long term investment then you can use the traditional route via a broker however many people use a spread betting platform to make constant gains in these markets. The reason for the recent spotlight on Gold is due to the fact that it has reached an all time high at just past the $1200 per ounce level & the reason for this is due to the weakness in the US dollar. The US Dollar is regarded as the primary currency so if this is weak then investors will seek to move their investments into a “safe haven” ie Gold. With the US Dollar continuing to gain strength currently, it appears the Gold market will return to more relalistic levels however for users of spreadbetting, the gains have already been made on both the move upwards plus the move down. The other main reason people invest in Gold is that it will never lose it’s value & Gold cannot be affected by any elements making it practically future proof.
To answer your question, plenty of money can be made however it is your route to market that is the important part.

Chris asks…

Which would you invest in and why for 30 years, Stock Market or physical Gold and Silver?

Is the stock market still the way to gain wealth or is it a scam? The media, and others have said to hand in there for the long run in the stock market, but 2007-09 have showed that is false information. Your opinions, views?

financi4 answers:

Gold and silver. It always has value. I’ve noticed that both have gone down recently, and silver has plummeted, but this might be the time to buy. Especially when money and currency are starting to lose value, you’re going to want to have something physical. I would definitely go with gold and silver. Stocks are a little to frequently up and down. Gold even peaked at almost 2k there for a while. And what if the market crashes again (let’s hope not) but you’re always going to have the gold and silver vs the stocks may not always be there.

Steven asks…

Where is the most honest reliable Gold/Silver company for investment?

I am looking to invest in precious metals and live in Florida. I have searched and located few where I can buy them in Western United States by referral, but if anyone who is very knowledgeable in this field and can recommend me a good place to buy in the East Coast or Florida. Gold/Silver for investment, please give me the list of web site please. MUCH appreciated it.

financi4 answers:

If you invest in precious metals i have a very useful website for you

http://www.cftc.gov/marketreports/commitmentsoftraders/index.htm

this website shows the positions of the commercials (a.k.a big dogs) in the futures markets of precious metals like gold silver etc

they always lead the big moves in the market. Like if everyone is selling and the commercials are buying in a couple of weeks or months, price will rise

this is just for knowledge purposes. I cannot recommend you a broker since i dont live in florida and neither do i invest in gold.

If you want to learn general trading i can help.

Daniel asks…

Is it wise to invest in silver and/or gold right now?

Why or why not?

financi4 answers:

They’re good as long-term investments. $So Clean, So Fresh$ had a good answer. There’s no need to invest in both, because their long-term trends are similar.

I would never short-term invest in gold. People who get caught up in short-term fluctuations and commentary miss the long-term trend.

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