Anonymous
Anonymous asked in Education & ReferenceOther - Education · 1 decade ago

How would one go about investing in Gold?

Do you buy stock??? What are the pro's and con's of owning gold?

How would you go about buying it???

2 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    Two possible ways. Buy GLD, a gold index fund where 1 share is equivalent to 1/10 oz of gold. Or buy ABX the largest gold mining company. The advantage of ABX is leverage if the price increases dramatically. Visit this site

    http://free-gold-investing-info.blogspot.com/

    To get free tips from Wall Street Professionals and receive reports, charts and strategies on investing in gold.

  • Anonymous
    1 decade ago

    The pros are that you can pawn gold. The cons are that you cant spend gold on small things.

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