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???
- Anonymous1 decade agoFavorite 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
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- Anonymous1 decade ago
The pros are that you can pawn gold. The cons are that you cant spend gold on small things.