Lux Investing
What kind of market am I investing in if I invest in Gold Savings?
What kind of market would I be investing in if I keep part of my wealth in gold. Is it the commodity market? But in commodity markets, people buy and sell Contracts. Therefore, I don't think keeping part of my savings in gold is similar to investing in commodity market. Any ideas?
Public Comments
- to invest in gold, check out: Central Fund of Canada (AMEX:CEF) which holds nothing but gold & silver bullion so you get exposure to the physical, and you don't have to worry about storage/delivery/insurance. www.apmex.com www.bulliondirect.com www.tulving.com www.kitgo.com www.gold-eagle.com (Disclosure: This is not to be considered a recommendation for any of the above as I do not invest in gold and have not tried to research any of the above sites).
