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