You know you want to buy gold to help diversify your portfolio, but you’re not sure whether you should buy gold stocks or physical gold. Are they mostly the same thing? Does your portfolio reap the same benefits if you buy physical gold or gold stocks? The answer to both of those questions is…not quite.…
Financial giant Barclays has rolled out a new way to obtain precious metals: exchange-traded notes (ETNs). How do they work and are there hidden costs? Learn more in this episode of USMR Market Insights with Coy Wells. What You Might Not Know About Gold ETNs – Video Transcription Coy Wells: 00:00 The UK based…
For some, buying gold exchange traded funds (ETF) can seem like a good deal. You gain some exposure to gold‘s performance, but without having to arrange for receipt or storage of actual gold. How? A gold ETF trades like a stock, generally tracks the price of gold, and aims to replicate the performance of gold.…
Read Part 1. In my last post, I discussed three myths about gold that Gary Alexander describes in a piece on Seeking Alpha. Understanding these myths is important because they deter many investors from making gold part of their financial portfolios. I’ll address four additional myths here. Myth #4: Gold is primarily a hedge against…
This weekend’s NY Times article about Goldman Sachs cornering the aluminum warehousing market has generated heated speculation about the lending practices of big banks that warehouse gold. This matter draws great interest because such lending practices could lead to delivery obligations rising to levels significantly higher than gold stocks can support. Moreover, because these lending arrangements…
This is the first in a series of posts in which I’ll make the case for why, even in these turbulent markets conditions, you should be considering buying physical gold. By physical gold I mean gold coins and bars as opposed to paper gold sold by exchange-trade funds, or ETFs. Your very first question might well…
