Home › Forums › Financial Markets/Economics › Anyone know anything about buying gold?
- This topic has 20 replies, 4 voices, and was last updated 16 years, 2 months ago by
socrattt.
-
AuthorPosts
-
December 18, 2008 at 7:50 PM #14656December 18, 2008 at 8:11 PM #317670
stockstradr
ParticipantThe indirect way is through tickers “GLD” (intended 1:1 tracking to bullion, less fees) or ProShares “UGL” where the latter is intended to track twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.
But some say that you cannot trust the gold ETF’s. So fine. You can buy bullion via mail order from companies like Kitco.com. There are others as well.
Personally, I’m hoping gold will come back down to about $750 to $800, so we can buy more at lower cost. I can only hope and wait.
December 18, 2008 at 8:11 PM #318160stockstradr
ParticipantThe indirect way is through tickers “GLD” (intended 1:1 tracking to bullion, less fees) or ProShares “UGL” where the latter is intended to track twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.
But some say that you cannot trust the gold ETF’s. So fine. You can buy bullion via mail order from companies like Kitco.com. There are others as well.
Personally, I’m hoping gold will come back down to about $750 to $800, so we can buy more at lower cost. I can only hope and wait.
December 18, 2008 at 8:11 PM #318021stockstradr
ParticipantThe indirect way is through tickers “GLD” (intended 1:1 tracking to bullion, less fees) or ProShares “UGL” where the latter is intended to track twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.
But some say that you cannot trust the gold ETF’s. So fine. You can buy bullion via mail order from companies like Kitco.com. There are others as well.
Personally, I’m hoping gold will come back down to about $750 to $800, so we can buy more at lower cost. I can only hope and wait.
December 18, 2008 at 8:11 PM #318084stockstradr
ParticipantThe indirect way is through tickers “GLD” (intended 1:1 tracking to bullion, less fees) or ProShares “UGL” where the latter is intended to track twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.
But some say that you cannot trust the gold ETF’s. So fine. You can buy bullion via mail order from companies like Kitco.com. There are others as well.
Personally, I’m hoping gold will come back down to about $750 to $800, so we can buy more at lower cost. I can only hope and wait.
December 18, 2008 at 8:11 PM #318063stockstradr
ParticipantThe indirect way is through tickers “GLD” (intended 1:1 tracking to bullion, less fees) or ProShares “UGL” where the latter is intended to track twice (200%) the daily performance of gold bullion as measured by the U.S. Dollar p.m. fixing price for delivery in London.
But some say that you cannot trust the gold ETF’s. So fine. You can buy bullion via mail order from companies like Kitco.com. There are others as well.
Personally, I’m hoping gold will come back down to about $750 to $800, so we can buy more at lower cost. I can only hope and wait.
December 18, 2008 at 8:13 PM #318068peterb
ParticipantAPMEX has beed reliable. The premiums are annoying, though.
December 18, 2008 at 8:13 PM #318165peterb
ParticipantAPMEX has beed reliable. The premiums are annoying, though.
December 18, 2008 at 8:13 PM #318089peterb
ParticipantAPMEX has beed reliable. The premiums are annoying, though.
December 18, 2008 at 8:13 PM #318026peterb
ParticipantAPMEX has beed reliable. The premiums are annoying, though.
December 18, 2008 at 8:13 PM #317675peterb
ParticipantAPMEX has beed reliable. The premiums are annoying, though.
December 18, 2008 at 8:44 PM #318041fredo4
Participantstocktradr-
What makes you think prices will drop? I know prices have been up and down a lot lately b/c of the wild stock market. Do you think the stock market is still too unstable to buy at this point? Wasn’t gold up to ~$1,000 a little while ago? So if it’s down to like $870 now that’s pretty good isn’t it?December 18, 2008 at 8:44 PM #318083fredo4
Participantstocktradr-
What makes you think prices will drop? I know prices have been up and down a lot lately b/c of the wild stock market. Do you think the stock market is still too unstable to buy at this point? Wasn’t gold up to ~$1,000 a little while ago? So if it’s down to like $870 now that’s pretty good isn’t it?December 18, 2008 at 8:44 PM #318104fredo4
Participantstocktradr-
What makes you think prices will drop? I know prices have been up and down a lot lately b/c of the wild stock market. Do you think the stock market is still too unstable to buy at this point? Wasn’t gold up to ~$1,000 a little while ago? So if it’s down to like $870 now that’s pretty good isn’t it?December 18, 2008 at 8:44 PM #317690fredo4
Participantstocktradr-
What makes you think prices will drop? I know prices have been up and down a lot lately b/c of the wild stock market. Do you think the stock market is still too unstable to buy at this point? Wasn’t gold up to ~$1,000 a little while ago? So if it’s down to like $870 now that’s pretty good isn’t it? -
AuthorPosts
- You must be logged in to reply to this topic.