Personal Finance Buzz

Whether you are investing in gold coins, or whether you are investing in gold account, receiving a record of numbered gold bars that belong to you, it’s important to understand the challenges that can come with investing in physical gold.

Physical gold may be tempting, but, as with investment, it is a good idea to step back and consider the drawbacks

Gold prices have been soaring in response to inflationary pressures brought about by the government’s monetary policy which as caused a decline in the value of the dollar. Investors who are preparing for steep and prolonged inflation have been flocking to gold as a hedge and as way to provide stability in their investment portfolios. Investors, who envision something even worse, perhaps the breakdown of the economic or social structure, usually prefer to buy and store physical gold which, under those circumstances may be the only currency of value. Then, there are those who look at gold as a solid long term investment. In addition to owning physical gold, these investors also gravitate towards gold investment companies for the potential of even greater returns.

Interested in buying physical gold? There's more to it than you may think. Here are the basics to buying physical gold.

Investors who don’t invest in physical gold look for the next best thing and that is gold stocks. The market is still in a bearish trend and generally when this happens gold stocks are still in play.
We have found what we believe could be the next junior miner that could be making major headlines.

If you must invest in gold (I don't recommend it), go with GLD since it holds physical bullion.

At the investing firm I work at we get a lot of requests for the best gold ETF recommendations. This shouldn’t really surprise anyone lately with the recent bull run that gold has experienced.