2 WaysTo Invest In A Gold

[antokay]

There are two major ways of investing in gold: Buy it in physical form or invest in financial products. There are pros and cons of each type of investment. The Financial Markets have developed a number of solutions for investment purpose. Individuals can invest in stock exchange; buy foreign currency; purchase shares of multinational companies.

There are several Financial Products in gold investment. You can buy gold stocks, mining businesses, gold ETFs, gold Mutual Funds in place of bullion or physical precious metal. You can get all The products through most Brokers and it is very important to consult a professional and conduct your own research to find the best brokers.

Also investing in physical gold in the form of bars and coins is good option. There are merchants who invest in buying and selling through the international exchange. Another preference to invest in Physical gold without need to worry about keeping it locked in a safety place is to use the gold accounts of banks.

The units in the accounts in the banks are backed by physical gold held by the banks, given you assurance that you can convert your holdings back to cash anytime.

[JB3]

Thanks for that.

[jkay]

Learn something new everyday, thanks for this post.

[MaxShiraz]

On May 20, 2016 at 07:31, antokay said:

The units in the accounts in the banks are backed by physical gold held by the banks, given you assurance that you can convert your holdings back to cash anytime.

I'm note sure about Europe, but in the US, there are various gold funds (specifically ETFs such as IAU, GLD) that do NOT have the backing of the PMs to support their holdings. They may have some amount of gold, but also use derivatives.

Be careful when investing in these - if you wish to punt of metal prices,they are a quick and easy play, I've done that. If you're thinking about using them instead of your portfolio of physical gold, think again.

1. There's no way to convert these holdings directly to gold

2. In a zombie-apocalypse, there's no way you are getting any gold, or probably any cash

Again I am not sure about Europe/UK, maybe someone else can advise on that.

[ApisMellifera]

Yes, it really depends what you are planning to do with your fiat money. Most on here prefer the physical metal and there are some that are into investing in paper.

I'm into physical metals all the way at the moment and am certainly learning/looking into financial products.There are pro's and cons with 'paper' and physical investments, it all comes down to research and study at the of the day. Un-educated purchases can also lead to buying the wrong or overpaying coins/bars or financial investment.

I think you may appreciate the book by Michael Maloney if you haven't read it. I think it's a recommended reading/study if you are into all of the above  
Michael has also published a late 2015 update with additional notes, and is worth reading and the title does what it says.

https://www.amazon.co.uk/Guide-Investing-Gold-Silver-Financial/dp/1937832740/ref=sr_1_1?s=books&ie=UTF8&qid=1463998203&sr=1-1&keywords=michael+maloney

http://www.amazon.com/Guide-Investing-Gold-Silver-Financial/dp/1937832740?ie=UTF8&keywords=michael%20maloney&qid=1463998299&ref_=sr_1_1&sr=8-1

Here is part 1 of the audio book on youtube at the moment...

https://youtu.be/d7abGP-O8zU