Home › Forums › Financial Markets/Economics › Anyone know anything about buying gold?
- This topic has 20 replies, 4 voices, and was last updated 15 years, 11 months ago by socrattt.
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December 18, 2008 at 7:50 PM #14656December 18, 2008 at 8:11 PM #317670stockstradrParticipant
The 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 #318160stockstradrParticipantThe 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 #318021stockstradrParticipantThe 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 #318084stockstradrParticipantThe 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 #318063stockstradrParticipantThe 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 #318068peterbParticipantAPMEX has beed reliable. The premiums are annoying, though.
December 18, 2008 at 8:13 PM #318165peterbParticipantAPMEX has beed reliable. The premiums are annoying, though.
December 18, 2008 at 8:13 PM #318089peterbParticipantAPMEX has beed reliable. The premiums are annoying, though.
December 18, 2008 at 8:13 PM #318026peterbParticipantAPMEX has beed reliable. The premiums are annoying, though.
December 18, 2008 at 8:13 PM #317675peterbParticipantAPMEX has beed reliable. The premiums are annoying, though.
December 18, 2008 at 8:44 PM #318041fredo4Participantstocktradr-
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 #318083fredo4Participantstocktradr-
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 #318104fredo4Participantstocktradr-
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 #317690fredo4Participantstocktradr-
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? -
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