
How to invest in silver and gold:
With the governments spending so much money today, investors are considering other investments like silver and gold. You can either buy actual silver or gold coins or bars or you can invest in silver and gold electronically traded funds (ETFs). There has been a substantial run up in gold and silver over the last 10 years.
If you buy actual silver or gold, then you need to have insurance or safe deposit box to store the precious medals. This can lead to additional expense and hassle. You can even have a third party hold the precious metal for you. Here are some websites with some info:
http://www.runtogold.com/how-to-buy-gold-or-silver/
http://www.apmex.com/
ETFs are good way for a stock investor to invest in commodities without actually buying the commodities. The ETFs that hold gold and silver are GLD and SLV. These ETFs may be a good bet against inflation if the U.S. continues to spend money. Some people feel that these investments are not as good as holding the actual metal. You don’t have to worry about some one stealing the gold if it held by and ETF. However, Wall Street managers may be another story. They tend to charge excessive fees. Here are some links with the information:
hhttp://www.marketoracle.co.uk/Article3473.htmlttp://www.thesunsfinancialdiary.com/investing/gold-silver-etfs/
http://goldprice.org/news/2005/06/gold-and-silver-etf.html
It is difficult to compare the charts of the ETFs to appreciation of the physical metal as the ETFs have not been around that long. Another reason physical gold may be a good decision. The chart of gold since around 2001 and is amazing. It has gone from around $350 to $1250 an ounce. While the stock market is about back to where it was in 2001, the price of gold is up over 4 times its original cost. This must say something about the times we are currently in that investors do not trust the market or any other investment. Here are the maximum charts for SLV and GLD. SLV has not seemed to trend up like GLD.
http://finance.yahoo.com/q/bc?s=GLD+Basic+Chart&t=my
http://finance.yahoo.com/q/bc?s=SLV&t=5y&l=on&z=m&q=l&c=
If you are interested in the silver and gold ETFs or actual silver and gold, then you should do your own research to see if it is right investment for you. You should also talk to your broker or investment advisor about the ETFs or how to buy the actual metal.
How to invest in gold and silver
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