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<p>[QUOTE=&quot;Argento, post: 527008, member: 17165&quot;]There is some good information already posted.&nbsp; I&#039;d like to see people&#039;s ideas for different approaches to entering gold.</p><p><br /></p><p>For pure investing, the safest bet, as has been suggested, is straight bullion (ingots, bars, etc.).&nbsp; According to the market philosophy of buy low/sell high, now is a bad time to invest into gold.&nbsp; Even with cost averaging, it doesn&#039;t make too much sense.</p><p><br /></p><p>For a hedge, think of this like scottishmoney posted, gold is insurance.&nbsp; The &quot;insurance premium&quot; you pay in the current price of gold is high because the risk is high with this economy.&nbsp; You can, however, mitigate this current premium by going deep into gold on the downturn and averaging down your cost per ounce.&nbsp; Not to mention insulate yourself from the next high-risk environment.</p><p><br /></p><p>For pure numismatics, because you are a gold junkie, you can try starting with older gold coins where the value is also tied to the rarity of the coin in addition to metal content.&nbsp; When gold inevitably returns to sane price levels, you can go berserk and pick up the things you seemingly missed in this current gold-buying frenzy.</p><p><br /></p><p>My $0.02[/QUOTE]</p><p><br /></p>

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