SubscribeAll Posts Tagged With: "buying gold"
Is Gold a Buy or is it “Toppy”?
A few weeks ago the gold rush was back on.
Inflation fears were rising. Yields on treasury bonds were rising. Gold was making another run at $1,000. Leading the headlines though and sparking the most interest was hedge fund manager John Paulson and his big bets on gold and gold stocks.
Since then, interest in gold has cooled quite a bit.
The latest Consumer Price Index reading quelled inflation fears and put deflationary risks back in focus. The U.S. government’s measure of inflation indicated prices fell 1.3% over the past year. It was the biggest…
23Jun2009 | Q1 Publishing | 1 comment | ContinuedThe Best Ways to Buy Gold and Silver Now
Once again, the U.S. Mint can’t keep up with the huge demand for American eagle gold and silver coins. Americans are so anxious about the uncertainty of the seemingly never-ending financial crisis that they are demanding physical positions of their gold and silver, the only true money.
It’s not hard to see why. In many ways American eagles are ideal ways to buy gold and silver.
They are easily recognized, certified by the U.S. government, and easy to buy and sell through any coin dealer worldwide. And they normally sell for close to their bullion value. That is, until recently.
The No. 1 Way to Buy Gold Now… It’s NOT Gold Mining Stocks
Real investors almost never buy gold stocks.
Mind you, I’m not talking about traders. I’m talking about investors. I’m talking about people who know the value of owning a great business for decades… people who have proven they can intelligently deploy capital and compound wealth at double-digit rates for a generation. Great investors like Warren Buffett, Charlie Munger, and Peter Lynch usually laugh at the thought of buying equity in a gold mining business.
Mining companies use enormous machines and armies of people to dig gigantic holes and pull tons of dirt and rocks out of them. They have relatively…
9Mar2009 | Stansberry and Associates | Comments Off | ContinuedObama Says, “Buy Gold”… Three Reasons Not To Listen
President Obama has all-but sealed the fate of the U.S. dollar.
In doing so, however, his policies – no matter whether they’re forced upon him or deliberate – have opened the floodgates for gold and gold stocks.
In fact, they’re setting the stage for the biggest rally in gold’s history.
Over the past several months, we’ve told you why you should buy gold and highlighted one of the best gold indicators you can use to determine when to buy gold. But today, we’re simply going to show you how to profit from the yellow metal…