Post what's happening in the coin world. New things you discover or trends in the market. World coin or U.S. Coin release or design changes.
- Forum Supporter
- Posts: 184
- Joined: Sat Mar 09, 2013 8:20 am
- Location: Atlanta, GA
The gold industry essentially consists of individuals that fall in one of two camps. The first camp believes that the best way to invest in gold is through the futures market, such as ETF’s, or in the form of mutual funds or gold stocks. These individuals prefer the low cost form of investing that is available through these vehicles and oftentimes use them for speculative purposes. The second camp can best be described as the hard money camp, who believes that the only way to invest in gold is by taking physical possession of gold bullion. While they acknowledge that it’s a bit costlier to invest in gold by taking physical possession, due to coin dealer commissions and premiums, they believe that this is the only sound way to invest in the yellow metal. Furthermore, many individuals in this camp are of the opinion that popular gold futures investments, such as GLD, aren’t fully backed by bullion and therefore may crash if there’s a large request for physical delivery of gold bullion that can’t be filled by COMEX. - See more at: http://atlantagoldandcoin.com/one-scena ... ces-spike/
- Posts: 13857
- Joined: Wed Jan 28, 2009 4:59 pm
- Location: Ohio
- Has thanked: 114 times
- Been thanked: 218 times
This article is a good read and is a possibility that could spike gold and silver in return.