Your Questions About Invest In Gold Or Silver

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Thomas asks…

Is it better to invest in Gold/Silver ETFs or in Gold/Silver mining companies?

Is it better to invest in Gold/Silver ETFs or in Gold/Silver mining companies?

From what I understand, if a mining company goes out of business or if they struggle then you are screwed. But they say that investing in GLD/SLV ETF shares are safer.

Can anyone confirm this?

financi4 answers:

Do a little research,, how much as the price of gold /silver gone up this year? In the past 12 months? In the past 3 or 5 years? Then look at your favorite gold/silver mining companies and compare their performance vs the price of the hard asset. As far as owning gold or silver vs owning shares of the companies that mine them,, there is no way to compare that because gold and silver have a real intrinsic value and will when the U.S. Dollar has gone the way of all fiat currencies. If you do your research you will find there has never been a fiat currency that has not gone to zero. If the U.S. Dollar is worthless,, is the gold/silver mining company worth anything?
(because our currency has not as yet gone to zero does not mean it is not headed that direction today)
I am not able to submit this answer with a link included, get an error ,, 999
but look at this web site for info ,,, wikipedia

Mark asks…

Should I invest in Gold, Silver, Platinum, or Palladium – at this time?

I would like to invest in both coins (silver and gold), and bullion/commodities. Which one of these is poised for the biggest returns over the next year or two? Three years?

How should I invest in them? Take possession of it?

financi4 answers:

From what I’ve been reading now is the time to buy physical silver.

William asks…

When people invest in gold/silver can you sell it once the value has risen or is there a set time?

like 6 months or one year before you can sell. You know like investment accounts where you have to leave money for 2 years before getting the money back.

financi4 answers:

If you buy coins or bullion from a dealer they will tell you their current buy and sell price. Their buy or sell price could change during the day if market prices change drastically. If you use futures, you can buy or sell as fast as you can put your orders in.

Paul asks…

Whats the minimum cost to invest in gold & silver?

Whre do i go to purchase this investment / what are the qualifications or suggestons from those who have experiance in this.

financi4 answers:

You can invest however much you want. You can buy the actual metals on ebay or you can buy the funds which trade under SLV or GLD. I would buy the real thing though. You can buy however much you want. There is no limit either way. I would suggest 10 ounce silver bars.

John asks…

In what should i invest gold or silver?

In what should i invest gold or silver?

financi4 answers:

I think investment in silver is a good option right now than the gold

Joseph asks…

How to Invest in Gold/Silver?

With high inflation around the corner in the US, i’m starting to turn my attention to investing in gold or silver. Can you show me easy steps to purchase gold or purchase gold companies? Where do i get started?

financi4 answers:

You can either buy gold and silver outright and store it away, or invest int stocks. Get on a financial website [or here at yahoo, what not] and start looking up companies that have to do with gold and silver.

Steven asks…

Should i invest in gold, silver, or platinum?

i vote platinum but i need a professional opinion. gold seems to high and i don’t predict silver to go too high.

financi4 answers:

None of them….
Brick is the only investment and there has never been a better time

David asks…

Looking to invest in Gold/Silver Stocks, Any preferences?

Hi, i’m looking to invest in gold/silver stocks, what do you think about the timing and any specific companies that you recommend? or any ETF besides (GLD) will do. Thanks.

financi4 answers:

Don’t try to time the market. Make regular investments to average out the highs and lows, thereby reducing your risk. GDX or GDXJ are great ETFs for investing in gold mining companies whose prices generally correspond to the price of gold, but they are more volatile. SLV is a direct investment in silver, much like GLD is for gold. FRGOX is a load mutual fund with similar holdings to GDX or GDXJ. UGL is a leveraged fund that targets 2x the change in the price of gold, and has a good track record of doing so.

Charles asks…

How do I invest in gold and silver?

Hi, this is a dumb question – I’m new to investing and I want to invest in gold and silver. Do I do this by buying stock in companies or elsewhere? Very basic advice for a 100% beginner much appreciated, thanks for your time!

financi4 answers:

You may take position in Junior mining companies. I do realize the risk is high, but if you have a 5 year+ time horizon and are willing to ride out the ups and downs. I thing the best gold play for you is NAK on AMEX. The silver play is tricky, FLMTF is a good one. Both companies are exploring in the heart of Alaska.

P.S. I own both, NAK for my kid’s 529 and FLMTF is weighted about 50% in my 401K.

Hope this will help.

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