I think a lot of ETFs are legit and covered but it only takes one caught cheating to ruin it for the entire industry which will hurt holders in any gold ETF. Interestingly enough, here's an article I read after my previous statement; John Embry, described as “one of the leading gold investors in the world,” tells SeekingAlpha.com that gold and silver are “the ultimate insurance policy.” (http://seekingalpha.com/article/1253...surance-policy) Notwithstanding that, “He is concerned that as he sees it there is what he calls ‘wiggle room’ in some of the gold ETF prospectuses; he wonders if some of the ETFs (including the largest, GLD) could be using paper derivative types of products instead of physical gold to back the stock.” Embry “thinks there are better vehicles than ETFs.” Unfortunately, “He doesn’t specify which these are.”
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Ever since stocks around the globe have come to a collapse I've been reorganizing my investments. I recently had a talk with a friend about gold and did some research. BullionVault.com, etc.
What suggestions, tips or recommendations would you make?
I think the precious metals market is the safest at the moment, although I recommend you make sure that only a portion of your investments in this type and others invest in Forex. I know that now is not the most stable currency, but using a good strategy and good leverage, you could get good benefits.
Hi David,
As you said investing in precious metal market, Can you specify some of them which you had been investing on.
Regards
Conan
Gold and platinum are the metals that represent a better investment. You can do it by acquiring Liberty, eGold (this is in trouble) or similar. So you can invest in the stock market..
Gold and platinum are the metals that represent a better investment. You can do it by acquiring Liberty, eGold (this is in trouble) or similar.
Friday's top spot for worst advice goes to...
** davidbutton **
I'm also having trouble understanding your last comment
Quote:
So you can invest in the stock market..
How does that answer/relate to the question conancare asked... if I may ask?
While I'm asking questions... why are gold and platimun a better investment?
As I always say... "walk the talk" please.
I can say moon rocks are a good investment at the moment if I didn't have to provide any justification for it...
I'm also having trouble understanding your last comment
How does that answer/relate to the question conancare asked... if I may ask?
While I'm asking questions... why are gold and platimun a better investment?
As I always say... "walk the talk" please.
I can say moon rocks are a good investment at the moment if I didn't have to provide any justification for it...
Good investment or not...Where can I buy a real rock from the moon??...