What is Influencing the Price of Gold ?
Why is Gold continuing this decline? A month ago, it was said that there was such a demand for Gold that the US Mint was temporarily discontinuing the Golden Eagle coin due to demand, and even Kitco had a 6 or 7 week waiting period on all shipments due to the high demand. But even with Oil prices plunging and the stock market plunging, gold continues to drop in price. I guess that I figured that gold was a safe "hedge" and that the prices would still be climbing. So why is it steadily dropping? The same with Platinum. I've not seen precious metals this low in quite some time. Thanks for any input you might be able to contribute.
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Gold, platinum and silver as investments?
I’d like to start investing in precious metals as part of my overall investment portfolio.
Is it better to buy the actual coins, a US Gold Eagle, for instance, buy the ETF, or find a mutual fund that specializes in precious metals?
If there really was an economic or governmental collapse, couldn’t the ETF or mutual fund become worthless as well?
gold, silver, platinum or palladium?
i buy the actual metal and take possession so zinc and copper are out. i already have so much silver my safe deposit boxes are full. I like gold but think 625 is a lil too high. at 575 i would buy. so i was looking at canadian maple palladium vs. us platinum eagle coins. each are 1 oz of the metal. if you had to buy one of the 2, what would you buy? WHY? I was thinking of waiting to see if prices drop but I could be wrong. talk to me people!
