Hi mates, Which form of investment in Gold do you all prefer - Gold as nuggets, Gold ornaments or paper Gold.
I never knew we could build contacts on this forum and start real trading :d anyways i prefer investing in Paper gold.
I personally prefer gold coins, for the aesthetics, but a good ETF might be the better way to invest if you're more seriously into it.
True Ginger. Paper gold is always safe. No one will come to know that you own too much gold. And yes, it is very easily liquidated.
Paper gold is considered a safe and liquid investment , so people looking for higher liquidity should invest in paper gold.
Hello everyone: I'm just starting to look around for personal investment. What do you guys mean by Paper Gold? Thank you in advance, Thom
I never invest in physical gold. I invest in Gold ETFs. They are easier to keep, easier to manage and easier to transact. On top of that, they offer peace to the mind also. You don't have to worry any burglars robbing your house in the midnight, as the ETFs are kept in the demat account, which can only be accesses online. I don't know much about Gold Certificates. Can anyone here explain it to me?
1 Oz American Gold Eagle is the best. I think you can buy for around $1,250. But it is not pure gold. By weight it is only 91.67% gold, the remaining is copper and silver. So it will be around 22 karat. I prefer 24 carat gold, although it is very soft and a bit difficult to keep.
I've never even heard about paper gold. I'm somewhat new to this whole scene, but can any of you tell me where I could purchase paper gold at?
Paper gold is gold stored in a Demat / Stock Trading account. In this type, gold is directly bought from the Stock Exchange. You never gets to keep the physical gold. The stock exchange keeps it for you. It is available in the form of ETFs and Gold certificates. You can buy or sell them at market price, but you will never see them in the physical state.
Very true, yet gold coins are so much cooler. Personally I prefer gold coins, they just look way too cool. But it's true that if you're going to invest a lot, buy gold paper.
Thanks! That's really interesting and good to know. So in general terms, this would be the safest way to invest in gold I'm assuming?
Safest and perhaps the most profitable way as well. If you buy gold Jewelry, you pay more than the market price for gold, since it is molded and designed. But when you sell it, you will always get an amount which is lower than the market rate for gold. But there is no such issue as far as ETFs are concerned. You will get the amount as per the market rate.
There is another way to earn min 2% monthly by owning physical gold bullion (hallmark 999.9) and your risk is capped at 30%. It is now very popular in Southeast Asia. Keen to know more? just email me