Tonker
- 04 Sep 2006 07:44
I would like to invest in some gold soon, but would rather buy a big lump of pure gold than invest in shares assosiated with gold. where can i get the cheapest price, safest buy?
chessplayer
- 15 Aug 2008 14:44
- 40 of 41
Any thoughts on Black Rock Gold,which invests primarily in gold company shares?
Their price relative to gold has come down considerably more.In other words,when the price of gold was about $650,there price was about 10. per unit.Now,with the price of gold at about $800. their unit price is just under 9. per unit.(down from a peak of something like 11.50 per unit)
Not a great performance,but might the future suggest a period of out-performance?
Falcothou
- 15 Aug 2008 19:13
- 41 of 41
Im reading a book at the moment called the bull hunter by Dan Denning that goes into etf's and their trading strategies costs a tenner and published in 2005 so things have moved on a bit since then.I have never traded etf's but they seem to be incredibly popular at the moment for a global, diversified approach with cheaper access than mutual and ability to go long/short etc. . He mentions the american stock exchange has a gold index gdm with 36 companies