If you are a biginner, the best place to start is to buy physical gold. Or, you can buy it from a close-end fund, GTU. It is traded as a stock at very low premium. You also can have them deliver the stock certificates to you. Please do your own DD.
http://www.gold-trust.com
Another closed-end fund is CEF. It has about 50/50 gold and silver. CEF is traded at 5 to 12% premium. Take a look: http://www.centralfund.com
I own both stocks. Good luck.
6 則留言:
維治兄真的很好心,很關心大家,這2年來從黃金很低的價錢就一直推薦大家買...維治,
感謝啦.
Tofu,
No sweat.
It has been my second job for the last 15 years. The most critical turning point is that I finally put the pieces of puzzles together after reading http://www.jsmineset.com/ diligently in the last 4-5 years. He is the best teacher I have ever seen.
The price of gold looks very high. Actually it is still very cheap (inflation adjusted) and is ready to move a lot higher in the next several years for the reasons listed in that article.
The most destructive force in the worldwide financial system is the over-the-counter (OTC) derivatives. These stuffs can wipe out every paper money several times over. This is the most serious matter in the financail world and is the center for decision making by the central banks. Their hands are tied and can't raise interest rate. The only way out is inflation and huge inflation or hyper-inflation
If you are serious to learn gold ivesting you must learn it from Jim Sinclair. Good luck.
Here are several charts for you to see the points why gold is still cheap:
http://www.jsmineset.com/cwsimages/Miscfiles/6315_DanChartsJune27-08.pdf
http://uk.youtube.com/watch?v=5aIvcpf7J6w&eurl=http://www.karmabanqueradio.com/
http://www.sprott.com/pdf/investorsdigest/digest.pdf
http://online.wsj.com/article/SB121521029377229405.html?mod=opinion_main_commentaries
COMMENTARY: THE WEEKEND INTERVIEW
Theodore J. Forstmann
The Credit Crisis Is Going to Get Worse
By BRIAN M. CARNEY
July 5, 2008; Page A9
New York
Twenty years ago, Ted Forstmann contributed a scathing – and prescient – op-ed to this newspaper warning that the junk-bond craze was about to end badly: "Today's financial age has become a period of unbridled excess with accepted risk soaring out of proportion to possible reward," he wrote in October 1988. "Every week, with ever-increasing levels of irresponsibility, many billions of dollars in American assets are being saddled with debt that has virtually no chance of being repaid."
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