Comments on: Invest in Gold (I) — Where to Buy Gold, Kitco or Bullion Direct?

By: Gold Bullion Buffalo

Gold Bullion Buffalo — Wed, 20 Feb 2008 01:15:57 +0000

The way that graph looks, gold may hit the $1k mark by mid 2008. Does anyone think that the “tax relief refund” that we’re getting will truely help the economy?

By: Gold Price Climbs Back to $700/Ounce | The Sun’s Financial Diary | A Personal Finance Blog on Saving and Investing

Fri, 07 Sep 2007 14:19:29 +0000

[...] have been investing in good through a mutual fund (Tocqueville Gold Fund, TGLDX) since 2002 when spot gold was traded at less than $300 an ounce. [...]

By: Gold As Investment: The Basics at Money, Matter, and More Musings

Gold As Investment: The Basics at Money, Matter, and More Musings — Mon, 12 Mar 2007 09:32:16 +0000

[...] have mentioned earlier that this article and this article sort of sparked my interest into looking towards gold as an investment. I started reading more [...]

By: Personal Finance and Investing Blog » Blog Archive » Carnival of Personal Finance #87 in Rio

Sun, 11 Mar 2007 22:29:12 +0000

[...] Sun from Sun’s Financial Diary with some ways to buy gold. [...]

By: Invest in Gold (II) — GoldMoney: Buy Gold and Use it as a Checking Account - The Sun’s Financial Diary - Accumulating wealth is like building The Great Wall, one brick at a time

Mon, 05 Mar 2007 19:02:46 +0000

[...] is the second part of the Invest in Gold series. In the first part, I compared several gold dealers, mainly from the angle of price (price of the gold, shipping fees, [...]

By: Finally, I Bought a Buffalo - The Sun’s Financial Diary - Accumulating wealth is like building The Great Wall, one brick at a time

Fri, 02 Mar 2007 22:33:10 +0000

[...] reason for me to choose Bullion Direct over other bullion dealers after my recent study is mainly for their price, price of the metal and additional charges related to shipping and [...]

By: This Week’s Carnival Love » Money, Matter, and More Musings

This Week’s Carnival Love » Money, Matter, and More Musings — Sun, 25 Feb 2007 03:07:52 +0000

[...] Invest in Gold — Buy Gold by Sun @ Sun’s Financial Diary. I am suddenly intersted in this after reading this article on CBS Marketwatch about the possible rise in the value of gold in the time to come. [...]

By: The Sun

The Sun — Sat, 10 Feb 2007 04:00:29 +0000

The reason I added TGLDX to my investments was, as you said, to get some diversifications as the correlation between gold and general markets is quite week, in addition to the excellent growth in the recent years. However, as you experienced, holding too much of the metal may not be a very good idea as nobody know what the demands will be in next two, five, or ten years, though there are predictions that the demands are increasing. The stock market can follow the economy to grow, but gold may sideline when the economy is good. It’s very stable, so the price may not appreciate for very long time.

By: Tab

Tab — Fri, 09 Feb 2007 01:09:39 +0000

Back in the 80’s I got hooked into the silver swing and all the hype that silver was going to go ballistic as it cost more to mine it than you could buy it for. Anyway I invested and over a period of about 6 mounts acquired about 450 ounces of bullion. At the time silver was probably in the $6. Long story short I held on to that silver for a LONG time and finally sold it and only broke even. Like you said there is no adjustment for inflation. I have also toyed with buying gold and gave it some pretty good thought first of the year and didn’t, then saw it jump up $50, $75 then $100. I am unsure at this point. I do also own a couple of thousand in Tgldx. One thing for sure you can pretty much figure when your other funds are in the tank for the day Tgldx will help recover them.
Love your site and info you provide.

By: The Sun

The Sun — Wed, 07 Feb 2007 04:40:04 +0000

The benefit of having a small portion of the assets in precious metal is obvious as it has a weak correlation with the general market (”my returns for owning gold companies has lagged behind my other stock returns”). The question is in what form. Owning gold mining stocks, mutual funds, or ETFs are flexible in terms of buy and sell, but I think they are not really gold. That being said, I don’t think I will become a full scale investor in gold or anything close to that. Maybe just get a couple of coins .

By: Super Saver

Super Saver — Wed, 07 Feb 2007 02:22:08 +0000

Sun,

Nice post about how to own gold. Another way to “own” gold is to buy shares in a company that mines gold. It’s more liquid than owning the metal and provides a little bit of leverage since share prices sometimes rise faster than the price of gold. A caution is there is more risk, because owning one or two companies is less diversified. (For example, my returns for owning gold companies has lagged behind my other stock returns

At this time, I consider gold a hedge versus an investment. I have some shares in a gold company just in case there is a market “disruption.” For now, I think the economy and the stock market will be fairly strong for the next 6-9 months.

Good luck on your gold investment.

By: moneymonk

moneymonk — Tue, 06 Feb 2007 20:39:09 +0000

I did not want to park all my money in Gold, so I brought a Commodity ETF which has Gold, Sweet crude oil, heating oil, aluminum, corn and wheat to be safe.

I guess Im being too safe.