Invest in gold in three ways: buying physical gold, such as gold bars or jewelry, buying ownership contracts that relate to the actual gold price or buying shares in gold mining companies. Learn the advantages and disadvantages of each method in this free video from an experienced floor trader on investing.
Duration : 0:3:31
February 20th, 2009 at 11:55 am
Gold is very easy …
Gold is very easy to sell
February 20th, 2009 at 11:55 am
Thanks, but how …
Thanks, but how would I find such a person? I’ve seen home-made bars on eBay but have avoided them as potential scams.
I have found a coin dealer nearby who sells me whatever he has at a price very close to spot for either silver or gold. He views himself as a dealer in numismatics, so there isn’t a lot available but the prices are the best I’ve encountered. As a result, I’ve steered toward silver or gold American Eagles, rather than bars.
February 20th, 2009 at 11:55 am
reply to …
reply to smallworldfilms: you can usually buy from a local refiner who can sell you like a one once ingot or bar with a stamp on it and sell it back to them later on near to the gold fix price of the day
February 20th, 2009 at 11:55 am
Not one word about …
Not one word about ETF’s….what about GLD or DGP ??
February 20th, 2009 at 11:55 am
gold ounce jumped …
gold ounce jumped 100 bucks in 1 week
February 20th, 2009 at 11:55 am
‘ownership of a …
‘ownership of a contract whose price tracks the price of gold’
…sounds familiar…oh ye, isnt that what MONEY is supposed to represent!?
bring back the gold standard and we can put an end to economic inflation, which causes recessions.
informative video all the same
February 20th, 2009 at 11:55 am
If one were to buy …
If one were to buy physical gold and later wanted to sell it, how would you go about doing so? I presume that I can sell on eBay, but that isn’t a traditional option. What is normally done, and why is it difficult?
I enjoyed the video but would welcome more details into the mechanics of buying and selling gold.
February 20th, 2009 at 11:55 am
Thank you.
Thank you.