Question: I'm confused whether to invest on gold bars. What do you think will convince me to invest on it?


( Back )

Answer #1:

Don't invest in gold bars. If you want to invest in gold, buy the gold ETF, ticker GLD. You can sell that a lot easier than you can sell some gold bars.

Answer #2:

Listen. If he market goes up gold could lose 1/2 it's value in a blink of an eye.
I would rather see you open a discount brokerage account.
Buy a gold ETF.
And put a sell stop on it in case the price of gold tanks.
/

Answer #3:

The gold ship set sail a LONG time ago.Wait until the market turns around and invest in something else.Gold has been bullish because the economy is weak.When the market turn back around gold will go down.





** Powered by Yahoo Answers

Questions




This site is educational in nature & does NOT offer investment advice in any way.
For investment advice please seek a professional.