Investing in Gold
Many investors see investing in gold as a good long-term investment because it is a stable investment, is a great means of having a liquid and material asset at ones disposal and historically, it has appreciated in value over time. Moreover, many investors wish to buy gold, because it has shown to be more stable than other investments over time.
Since the times of the Persians, Muslims have seen value in buying gold as a stable investment. The fact that there is no restriction under Islamic laws for muslims to deal and invest in gold has made this as a popular investment instrument among Muslims, especially those living in the Arab world. Besides, the fact that economies and money markets can be very unpredictable and subject to sudden downturns has made many investors turn to buying gold.
Investors looking to buy gold as an investment can do so either via the open global gold markets or buy way of purchasing gold itself. Buying Gold itself is more common in the Middle Eastern countries, which have gold markets. Investors who are interested in buying gold as an investment, but who do not need to have the physical comfort of the gold’s actual presence, can purchase gold on the open market.Â
Gold can be bought on the global markets either as gold certificates or gold exchange-traded funds. buying gold exchange-traded funds is like to investing in stocks and shares on any stock exchange and is a very convenient method for an investor to have an investment in gold without actually having the gold physically in your presence. Gold certificates allow investors to trade gold on a commodities market.
USGoldBuyers.com, BlanchardOnline.com, GoldOnline.com are sources you should look into to use for knoweldge on buying and selling gold. As in any form of investment, you should further research the market conditions fully as well as validate the sources before making any type of investments.
Currently the Perth Mint Certificate Program is the only government guaranteed program in the world. Buying gold as an investment in the open global markets is bought using the market spot trading price.
Stability and historical appreciation of gold
The spot price of gold is quoted in US Dollars Per ounce. Since 1975, the price of gold has appreciated considerably, making it one of the very profitable investments.
Ahmed
http://www.articlesbase.com/business-articles/buying-gold-as-an-investment-124675.html
What do you think of buying gold as an investment?
And I don’t mean buying bars in a bank, they’re kind of expensive there. Does it make sense to buy a gold bar on ebay. And keep it. What’s you opinion on future of US dollar and stock market anyway? Then just sell it to a dealer when you need cash?
Well, I don't intend to keep it for years. Just for several months and then sell it and buy a home.
What's the point of a money market fund? Saving accounts pay just as much.
Comment by Full Windsor — June 23, 2009 @ 4:48 am
Terrible idea. Historically, the stock market has FAR outpaced gold.
Also, gold has been at a high for the last couple of years, so now is not the time to buy it (if there ever was).
Buy quality mutual funds or ETFs. Invest regularly and over time your money will grow.
NO NO NO. CERTAINLY NOT as a short-term investment. Put is in a money market fund.
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Comment by Rick B — June 23, 2009 @ 9:50 am
in the short term this is not a good idea. there is so much de leveraging and manipulation in the metals that it is very hard to determine short term trends. over the longer term the metals offer a great inflation hedge and everyone knows that the fed is printing money like mad so you figure it out.
References :
financialsense.com
Comment by freakboynv2008 — June 23, 2009 @ 9:52 am
Short term it’s not the best bet, but the prices of gold have fallen pretty far this year from all time highs of $950 earlier in the year. Historically, gold pretty much performs on average with the stock market.
If you wanted short term investment in gold, with the gold being to sell it quickly when the price rises, check out this website: http://www.goldintomoney.com/precious-metals/bullionvault-is-the-easiest-way-to-buy-sell-and-trade-real-gold
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Comment by Credic J — June 23, 2009 @ 9:54 am
Gold really glitters when inflation runs rampant.
Bank accounts are relatively safe, but your dollars may lose value due to inflation faster than they grow with interest.
Investing in stocks for the short term is a gamble. It the stock market crashes the day before you need your money to buy the house, you are screwed.
Gold prices go up and down, but unlike stocks, (and possibly the dollar) gold will never be worthless.
In the long run I thing gold prices will rise substantially, since our government seems bent on inflationary policies. However,over a short period of time the value of the gold you buy may be more or less than you paid.
Grandpa
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Comment by Computer Guy — June 23, 2009 @ 9:56 am