Your Questions About Invest In Gold Stock

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Robert asks…

Is this true? It is planned that a major Banking Cartel are dumping all their Gold Stocks on the market?

In April to devaluate it all so that if you have invested in gold it won’t be worth a thing.

The Federal Reserve are those that plan to do this
No-one is safe from these boys

financi4 answers:

I hadn’t heard that but found this article from December 2008 that helped me to understand why the Fed would benefit from gold dumps on the market:

http://www.stockhouse.com/columnists/2008/december/8/horrific-gold–dump—is-this-guy-for-real-thom

“On the IMF “dump” of gold he is forecasting for this week, Bolser says, “The IMF will say we need to take outperforming assets and put them in places where we can get the economy of the world going again. This is a replay of 1934, an artificial depression. The central banks will end up with the IMF’s gold.”

Charles asks…

What is the best way to invest in Gold?

I am interested in investing in gold and considering buying gold coins since the stock market can be a real rollercoaster ride. Do you have any safe tips for buying and selling gold? Thanks

financi4 answers:

Two ways to invest in gold:

1) buy gold coins/bars as you mentioned, trouble is a) the mark-up on coins can be high (or premium of up to 15%-ish), depending on the types of gold coins — South African Kruggerand or US Eagles, b) buying and selling them is a little impractical (imagine taking them in and out of bank safety deposit boxes everytime you want to buy/sell) and expensive (dealers charge commission buying and selling). C) You have to consider insuring them too if you decided to hide them under your mattress at home.

2) Buy gold ETFs, essentially investments backed by gold for a management fee like mutual funds. It eliminates the physical impracticality mentioned above but it sure loses the allure of being able to hold your investments physically in your hands.

Why don’t do a bit of both, put the bulk in ETF investments and collect gold coins/bars from different sovereigns on the side?

Don’t ever buy gold jewellery as investments (you lose money the moment you buy them). Also, read up about where gold price is likely to head in 2007.

Thomas asks…

What are the BEST & PROFITABLE STOCKS TO INVEST IN RIGHT NOW!!?

What are the BEST & PROFITABLE BANK & GOLD STOCKS TO INVEST IN RIGHT NOW for long term and options?
I can’t decide between…….
USB
NCC
SOV
FRE
FNM
FHN
UCBH
NPBC
HNBC
AIB
ABK
AIG
HCBK
C
CIT
KEY
MER
BAC
STI
XL
UNIB
DSL
CHFN
CRBC
TMA

financi4 answers:

The only financials I’d touch now are Citi & JP Morgan/Chase.

You HAVE read the recent news on FNM & AIG, haven’t you?

This is not the time to throw money into the market. When in doubt, park your money in a boring, short term FDIC insured CD. Safe. Then, when the market eventually turns, you can start buying.

Joseph asks…

Is it batter to invest in stocks or buy gold?

I don’t have very much time to think about how to invest my money and I was wondering if stocks really make profit or should I buy gold and platinum.Can somebody tell me what to choose?

financi4 answers:

Stocks by far.

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