Your Questions About Invest In Gold And Silver

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Paul asks…

Should we invest in gold and silver?

I don’t really get it. Basically what I’ve been hearing from people talking about investing is you should save up for gold and silver, because if we go in some sort of depression, one day it could be like $50,000(random number) an ounce… BUT… what good does it make, if that $50,000 is just going to be worth getting a piece of bread, if cash will be useless? Do they mean that we will pay for things directly with the gold and silver?

financi4 answers:

Silver holds a better value incase of economic collapse, Platnum even more valuable. But if we go in the bucket you got somthing that you can use to pay the next best country to start on. Word of advice Don’t invest buy it hide it in a safe place, you got somthing to fall back on incase of emergancy.

Richard asks…

what is the cash in your pocket worth?will gold and silver become currency in place of?

as we have [like usa]fiat currency,and have had for so long [worthless paper]supported by failing money markets that may shift to new terrirories, perhaps invest in gold/silver art and antique? for the walls may tumble down??? http://www.bbc-antiques.co.uk

financi4 answers:

Valid concern. With all the bailouts, borrowing and printing of money Obama is doing, he certainly will devalue our dollar. Hyper-inflation is a year or two away.

Joseph asks…

What might be the best gold and silver exchange agency if I was to invest in such precious metals.?

Recently I have been searching to find the best way to invest, which included silver and gold. Still, there are many gold and silver exchanges, excluding the U.S. Bullion Exchange, and I am just curious about any of these others that I have briefly looked at and many that I haven’t. If you have any answers please get back to me. If you have any other better suggestions in investing I am also listening.

financi4 answers:

Bullion is so last century. Open an online discount brokerage account and buy the exchange-traded funds that track the price of gold and/or silver. The symbols are GLD and SLV, and I believe both are in the StreetTracks family.

If you really know what you’re doing mining stocks are more profitable than raw metals.

Ken asks…

Would you invest in either Gold or Silver ETFs?

If you wanted to invest $10,000 in either a Gold ETF or a Silver ETF, which one would you choose and why?

financi4 answers:

GLD and SLV because they are among the biggest in size and low in annual management fee.

Donald asks…

Is it a good time to invest in gold and silver or should i wait for more time?

financi4 answers:

It will definitely come down so wait and watch you can get at lesser price than the current one so buy later and not now

Thomas asks…

Which one to invest on – Gold or Silver?

I would like to invest on either gold or silver. If so which is the good option? And also please suggest where can i buy it.. any suggested jewellery shops in Hyderabad, India?

How about purchasing gold coins in bank and resell the same in jewellery shops?

financi4 answers:

It’s best to split between gold and silver. Many people put half their money in each, but any combination is good, really.

Don’t invest in jewelery. You want to invest in only marked coins or bars. If it’s not marked with purity and weight, don’t buy it.

If you can’t find a local coin dealer, you can always order online. Some bullion dealers in the US will ship overseas. When it’s time to sell, almost any dealer will buy back the coins/bars they’ve previously sold, you just ship them back and receive a check.

Take a look at CoinInferno.com for dealer prices. I’d suggest looking at Krugerrand coins for gold investment, and generic Silver Rounds for silver investment.

It’d be a lot easier to give good suggestions if you lived in the US. Sorry I don’t know much about investing from an overseas perspective.

Oh, and if all else fails, you could try EBay. Just remember, only buy coins/bars marked with purity and weight.

Mark asks…

How can I invest in gold and silver? Stocks maybe?

Is goldworthfinancial.com a scam?
Yeah I though about that. I’m actually doing this so I can survive when the US dollar collapses.

financi4 answers:

I´ve been investing for more than 20 years and trading for almost 14, and I can tell you that if you want to make BIG and FAST profits, I recommend you trading rather than investing, trading can help you to go from rags to rich.
If you are investing, you must have already achieved some degree of financial success, long term stock investing and FOREX can help you to diversify your money and become much richer than you are today.

My experiences as a Nasdaq Market Maker, Head trader of several brokerage firms, and currently as a professional trader and private hedge fund manager, I can suggest you that:
We trade because we want quick, short term profits on a consistent basis. We want to cash flow the market. Milk it like a cow.

Make consistent, small, short term gains rather than trying to hit a home run on every trade. Don’t ever forget that.

Don’t marry a stock, marry the idea of making money trading stocks. That’s the only way to do it.

For me “All stocks are equally worthless”

I don’t hold on to any illusion that the stock market will continue to go up and provide a nice retirement for me.

I could care less which way the market goes. It’s irrelevant to me if the market goes higher, crashes or moves sideways for the next 50 years. I really could care less. Stocks are just four letters with two prices next to them that I use to make a living trading.

Trade ONLY when you have a clear, easy and identifiable advantage, because without a CLEAR EDGE your odds of success are NO better than a flip of a coin… That´s why so many new traders (and investors) lose money.

Take a look at any daily chart of any index or stock and you’ll probably see the most volatility and the biggest opportunity for profit during the first Hour of the stock market’s opening.

The popular thinking and conventional wisdom is that you should wait about an hour before you start trading.

But if you do, you’ll miss the big, fast moves that stocks make as all the amateurs let their emotions out through their online accounts, usually right after they read some news headline or hear Maria Bartiromo go off about a stock on CNBC.

It’s easy to see why trading the open is the market’s prime time for profiting from other online traders.

The market’s open is very volatile – that is the perfect environment for LARGE, FAST profits.

Learn to trade as a professional Market Maker, not as an emotionally driven amateur trader or investor with few thousand dollars in an account at Etrade.

There isn’t any other time during the day or any stock you can invest in, that can make you 1, 2, 3, 5, 7 or more points in minutes OTHER than during the first hour the stock market is open, that means: if you are buying or selling short a 1000 shares per transaction, you´ll make $1000,$2000,$3000,$5000 or $7000 Usd “IN MINUTES !!!” not in a day, not in a week, not in a month or in a year, in less than 60 minutes… That’s why I love trading the open so much.

I trade only when I have an edge and that means “only the first hour the market is open”.

If you are a beginning trader, you can give yourself an unfair advantage in the market trading this way.

I can carry on for hours on how to make money trading online, but if you ask me:

“What is your best advise?

I will say:

Give yourself a BIG favor and go to this “Top Secret” site and learn how to get by yourself the BEST stocks that will make the largest and fastest day trading profits you´ve ever seen.

Www.onehourtrading.com

After you review this site you won´t need any system, strategy, book, software, guru or mentor to tell you what to do, you will be able to profit HUGE every day.

Besides, you´ll learn:

• The right amount of money to start trading…
• The best Online broker out there…
• Learn how to enter and exit a trade in seconds making Huge profits…
• Make more money than most day traders simply by trading one hour a day!!!
• How to reduce stress, limit risk and stay disciplined like a Pro.
• The 4 basic rules you should know, that every successful trader know, and amateurs don´t even imagine.
• How to trade against the amateurs and avoid like the plague doing it against the professionals , and why this will put you ONE STEP AHEAD of all traders.
• What causes more devastating trading loses than any other factor… And… How to avoid this pitfall! (Even savvy traders often fall victim to this! )
• Not to spend most of your day in front of a computer dealing with complex charts, software or technical analysis.
• Learn how to read the market´s open to make a huge profit just a few minutes after the opening bell.

All this and a lot more…

Good luck and good trading,

John Fontaine

William asks…

Should I invest in the stock Market or just buy physical gold/silver based on the stock Market crashing soon?

Will the stock market crash like I’ve been hearing? Is precious metals the way based on the dollar is useless and we may be using gold/silver as currency? Is buying gold and silver better online or in the coin shops because coin shops charge too much over spot compared to online? Can the Gov confiscate gold again like in the last great depression? Your opinions on the status of the economy?

financi4 answers:

You are listening to uninformed alarmists. The US economy is steadily improving and the global economy is also showing signs of progress. There are huge numbers of Chinese and Indian’s rising middle class anxious to eat all that our huge efficient US agriculture economy can produce. GM now sells more cars outside the US than inside. IBM now derives about half of its revenue overseas. Over the next several decades, the global economy is likely to grow strongly and US corporations will as usual be leaders in serving people all over the world. We now have one of the worlds largest stores of cheap natural gas and recently our energy exports exceeded our imports. A chemical factory scheduled to build in Mexico, recently changed the plan and will build it in Texas because they will use a lot of natural gas and it is 30% cheaper in the US. I could go on and on, but there are lots of great things happening in the US and in the world that should propel growth dramatically. The media tends to focus on the negatives and interview the gloomy crowd most. The last 10 years in the stock market have been poor, leaving more bargains and value than we have seen in years. My advice is buy quality growing stocks in diversified vehicles like mutual funds and Exchange Traded Funds and then do not sell them during the down turns, but add if you can. Keep it up and you will be very well off someday.

John asks…

What is the best way to invest in silver?

I have heard numerous people say that investing in gold and silver will help protect me against the falling dollar. Are ETF’s or ETN’s a good path? Are there other options I don’t know about?

financi4 answers:

Best Way To Invest in Goldt’s super cheap. Gold is cheap, while stocks are expensiveGovernments will make our money worth less to pay off their record debts. Governments can print money to pay off their debts. But they can’t create gold. The supply of paper money can be infinite. But the supply of gold is extremely limited Gold should do well in major international conflictsGold should do well in extreme bear markets. Silver more than doubled in value from 1932 to 1936 during the Great Depression (the price of gold was fixed by the government Gold stock will rise during inflation… and during deflation. Investing in gold is good inflation protection… gold rises as the value of the dollar falls. But what many people don’t understand is that gold stocks will do even better during deflation, as the government lowers interest rates significantly and wildly prints money (creating inflation) to offset that deflation… leading to substantially higher gold prices.When you buy gold investments, you lower risk in your investment portfolioWhen you buy gold investments, you lower risk in your investment portfolio. In the past, gold has tended to do the opposite of stocks…it skyrocketed in the 1970s, when stocks did horribly. Then in the 1980s and 1990s, when stocks soared, gold lost over half its value. Now in the new millennium gold has soared while stocks are still below their year 2000 highs. Holding a portion of your portfolio in gold stock will smooth out your portfolio fluctuations.

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