Stock Market For Beginners » Gold Investing

Buy gold coins online as an alternative to holding gold stocks

admin — Thu, 07 Jan 2010 07:21:51 +0000

A lot of us including myself generally would love to have something more substantial than the gold stocks to make sure that we have the actual physical gold with us given the way the market behaves in case of crisis like the way it happened when the mortgage crisis hit the stock market.

So if you still want some physical gold then your best bet is to buy gold coins or buy gold bullion bars.

That said your first reaction is bound to be as to how to buy the gold coins and what is the price at which you should buy the gold coins and also is it easier to sell the stocks vs. the selling the gold coins.

Gold bullion

First let me tell you what is meant by gold bullion. Gold bullion means gold coins and gold bars.

The gold coins come in variety of weights and that dictates the price of the gold coins. Next comes gold bars and these again come in variety of sizes.

Gold bars and gold coins are sold by authorized dealers which are authorized by the US Mint. These dealers will charge you the spot price of gold per ounce and the calculate the actual gold price of the gold coins.

Apart from these there are other gold coins which are there issued by other mints like the Maple leaf Gold coisn by canadain Mint and the Krugerrand by the South African Mint.

The bst way to buy the gold coins or the gold bullion is to fist finalize how much you want to spend on the physical gold asset and once that is done the check the current price of gold and based on that price calculate how much ounces of gold you can buy.

Now apart from gold you can also invest in silbver bullion as well as the platinum bulluion. People also invest in palladium bullion as investment in precious metals.

Gold coisn or bullion is definitely the true money and it is the safest bet against currency inflation as well as a good hedge against the falling dollar value.

Just to recap there are also gold stocks that you can buy and this gold stocks list will help you select the bets gold stocks to buy

Cameco (CCJ)

Coeur d’Alene Mines (CDE)

Cardero Resource Corporation (CDY)

Claude Resources Inc. (CGR)

Desert Sun Mining Corporation (DEZ)

Queenstake Resources Ltd. (QEE)

Rubicon Minerals Corporation (RBY)

Richmont Mines (RIC)

Rio Tinto Group (RTP)

Royal Gold (RGLD)

Seabridge Gold DRDGold (DROOY)

Birch Resources (EGI)

Norther Dynasty Minerals Ltd. (NAK)

Newmont Mining Corporation (NEM)

NovaGold Resources Inc. (NG)

Norilsk Nickel (NILSY)

Nevsun Resources (NSU)

North American Palladium (PAL)

Northgate Minerals Corporation (NXG)

Odyssey Marine (OMR)

Orezone Resources Inc. (OZN)

Pacific Rim Mining Corp. (PMU)

Pan American Silver Corp. (PAAS)

Phelps Dodge (PD)

Entree Gold (EGO)

Freeport-McMoRan Copper & Gold Inc. (FCX)

FNX Mining Company Inc. (FNXMF.PK)

Great Basin Gold Ltd. (GBN)

Gold Fields Limited (GFI)

Goldcorp Inc. (GG)

Glamis Gold Limited (GLG)

Randgold Resources Limited (GOLD)

Gammon Lake Resources Inc (GRS)

Gold Reserve Inc. (GRZ)

Golden Star Resources Limited (GSS)

Hecla Mining Company (HL)

Harmony Gold Mining Company (HMY)

IAMGOLD Corporation (IAG)

IMA Exploration (IMR)

Ivanhoe Mines (IVN)

Kinross Gold Corporation (KGC)

Crystallex International Corporation (KRY)

Lihir Gold Ltd. (LIHRY)

Meridian Gold Inc. (MDG)

Mines Management Inc. (MGN)

Miramar Mining (MNG)

Placer Dome (PDG)

Barrick Gold (ABX)

Agnico-Eagle Mines Limited (AEM)

Apollo Gold Corporation (AGT)

AngloGold Ashanti (AU)

Yamana Gold (AUY)

Banro Corporation (BAA)

Bema Gold (BGO)

Birch Resources (BMD)

Compañía de Minas Buenaventura S.A.A. (BVN)

Canyon Resources Corporation (CAU)

Cambior (CBJ)

Gold Stocks to invest even after gold prices go high

admin — Thu, 03 Dec 2009 11:29:10 +0000

The price of gold is rising wildly and that has helped a lot of investors who have invested in gold stocks. A lot of people believe that gold will hit the $2300 per ounce prices.

Now you may be wondering how does the high prices of gold benefit the companies. Well the chances are that the leaders in the gold mining have a fixed cost of production and then subsequently any price rise of gold will give them more and more margin.

A lot of people who believe in long term holding would be surprised at this however I must say that even if your strategy is longer term you will have to look at the short term trends every once in a while to gain a lot of money and then invest that back to make money online for long term potential.

Well studying the trend for gold as always is a fundamental thing as it gives you the picture about the economy as well it gives you a picture about the dollar strength versus the other economic currencies That is where the forex trading angle comes in. In my view fundamental analysis and macro economic indicators are a major factor in long term investing and forex trading.

The best gold stocks that you invest in are

Agnico-Eagle Mines (NYSE: AEM)

Goldcorp (NYSE: GG)

Kinross Gold (NYSE: KGC)

Barrick Gold (ABX)

Newmont Mining(NEM)

IAMGOLD(IAG)

Randgold Resources(GOLD)

Placer Gold(PDG)

Again these are the market leaders in gold however there are other gold companies which are considered as junior gold stocks.

The point which I am making here is that gold is the commodity that you should watch. Indian reserve Bank as well as the Sri Lankan reserve bank has bought gold from IMF. Also China and India are the biggest consumers of the gold via their large middle class population. So you better track this commodity if you wish see the influence of that on the currency.

Gold Investment advice for the beginners

admin — Tue, 15 Sep 2009 02:03:01 +0000

The gold investment advice for the beginners is a must for those who are new to the glitter of gold and always keep hearing the upward moving todays gold rate. As far as the methods of investing in gold are concerned I have outlined here about how to invest in gold.

Now investing in gold is not for everyone. People who are stock market investors and want to invest in gold for the sole purpose of making money in the short term should primarily own gold stocks and yes some amount of gold bullion. But for all practical purposes your primary purpose of gold investments should be to have that physical collection of gold bars and gold coins which hold in good stead when everything else has failed you.

The economy is bad and the inflation is high and the dollar value is plunging it is then those gold bars will be of immense help to you. They are primarily your safety net. There is no doubt that if everything goes bad the gold will be of help to you and hence you should buy gold and then just kept in your safe deposit. This gold is not to be sold nor traded it is yours for that rainy day.

What to buy and when

The tough decision always is what to buy whether gold bars or the gold coins are better and I can say for sure that the best way is to have the gold coins. They are easy to carry and they are easily tradable and also have some aesthetic value. That said they are definitely at the same price as the price of gold. They are at a slightly higher premium than the price of gold. Now that said if you are not willing to pay a higher premium then go for buying the gold bars instead.

Gold Investing for Beginners

Avoid Gold Futures

Avoid gold futures, even though they may be very tempting in terms of the returns that are there for the seasoned investors. That is true the futures market is not for the beginners and it is for the seasoned investors. You can easily blow up your money if you do not invest wisely and a futures is a very different beast than the regular stock investing. I will not recommend it to the beginners at all.

There is another way of investing which are the gold accounts but those are given by banks to very large investors. This investment can be in the range of millions of dollars and hence we will not be discussing that here.

Last piece of advice in here for those stock investors buy gold stocks as and when you sense that the gold prices have fallen off their peaks and then start accumulating these stocks to gain some profit from gold stocks. This has to be done separately from your physical gold investment which is all the above gold advice is all about.

Gold Investments for the Effective diversification of your stock portfolio

admin — Thu, 10 Sep 2009 04:32:57 +0000

Gold investments are for those who want to effectively diversify your portfolio and also want to make sure that they will have some cushion in the form of gold should they lose their money in the stock market meltdown like it happened in sub prime mortgage crisis in 2008.

Investing in gold as a hedge against inflation and currency risk.

If you are a stock market investor and you need to safeguard yourself against the lowering dollars values then the best form of investment is gold. Gold is not influenced by any of the economic factors as currency is or any of the trade surplus and trade deficit factors as currency is and what that means at the end of the day is that you will have something which is not affected by anything at all which is in stark contrast to your money value or your stock wealth.

So if everything was to go bust you will still have gold which can help you get money. That is why people always invest in gold and I am talking pure gold here and gold stocks or the gold ETF’s or even the junior gold mining stocks.

All these gold stocks are a way of making money by way of stock appreciation of these stocks because the gold prices are going higher. It has gone up to $1000 per troy ounce now. Eventually when the gold prices cool down then you will have these stocks at low prices. So what has happened to your investments in gold stocks. They have gone bad.

That is why physical gold is a good buy rather than stocks. Gold stocks are a good buy when it comes to speculative buying and making money. It is a good way to have an effective stock investment strategies.

India and China are major consumers of gold

Inflation is a worry and that will mean that dollar value will be lost and then the safe haven will be gold. Oh and do not forget the silver lining in it. I mean the silver is also a good investment with all the facts that show that silver will rise whenever gold will rise because of the fact that people who cannot afford to have gold will buy silver.

Another thing to note that emerging economies like India and China have huge gold demand and the China is also pushing mass public gold consumption which they were not allowed doing so till now. So gold in general will be in a uptrend for a long time. Again all this suggests that people like to keep gold as hedge against all things bad.

For gold investing it is always better to take help of gold investment consultant as these consultants know the bullion market and can tell you when to invest.

Gold Investing guide – Safeguard your stock market investments

admin — Wed, 09 Sep 2009 01:47:27 +0000

Gold the world is considered as safe haven against the stock market fluctuations. The best of the stock market gurus will tell you that investing in gold any day is a way to protect yourself and is a good way to diversify your portfolio. I hope that this gold investing guide will help you buy and have gold till you have enough to retire.

Now you would argue that when should I buy gold and I would say that there is never a bad time to invest in gold. The majority of the folks who have always invested in stocks or in real estate will always jump and say that it will mean that you need to invest in the gold stocks or the gold futures contract. Well no definitely. Well if you are looking at the short term investment then go for the gold stocks investing as they are doing well because of the gold prices but again these are still stocks.

I am talking about physical gold. Physical gold will mean gold coins or gold bars in your safe deposit or a bank locker. Think about it as money in your account. If in any case the stock market plunges or the real estate market crashes you will have these bars or coins which you can sell and get a lot of money.

After the stock market crisis in 2008 the world and a lot of investors have realized the importance of investing in gold and that is 10-20% of your investments should be.

This you should realize has no relation to the current price of gold. You are buying simply not for price appreciation but for the sheer safety that the physical gold provides.

Now on the other hand if you are investing in gold because of the fact that gold spices have shot up then you better be careful the major Bull Run in gold started in 2001 and right now the gold prices have peaked. You are not going to see the returns which you saw when you invested in gold in 2001.

Even then I can say that you will see an upward trend and may be even able to beat a lot of stocks performance just because of the sheer demand and supply gap.

Now investing in gold is simple but just because it seems too easy you should blindly start buying gold coins or bars. There are a lot of do’s and don’ts before you can invest in gold so make sure that you know those before investing.

Investing in gold

admin — Wed, 09 Sep 2009 01:45:06 +0000

Investing in gold is a safe best against the entire economic, political and social crisis. Even in today’s world the currency devaluation and inflation can play havoc with your investments and hence the gold can be a relatively safe bet in today’s world.

Gold was established as the standard among the economies after the 1946 Breton woods conference but since then gold has itself established itself as a way people safe hoard their investment. If everything else fails they will have gold to hold onto.

Well the price of gold is again a factor of demand and supply. The emerging economies of India and China are fuelling demand with rising middle class buying gold for wearing like in jewelry and also investing in gold. The supply side is weak with very less gold mines available all over the world. In 70’s and 80’s gold was never an object of interest as far as investing is concerned but in recent years the emerging economies surge in gold demand has meant that gold prices have shot through the roof. The gold has become a hot property and all investors are flocking to invest in gold.

The reason we are talking about gold in our blog here is the fact that gold as a diversification asset is much more important.

The reason that every stock market investor should have gold investment in some form or the other is based on the fact that the gold prices generally are immune to all the factors which can shake the stock markets. So in effect if your stock market portfolio investments are going down chances are that gold will provide a good positive effect and even a growth effect to.

Gold Investing

With all the world markets and the currency markets now interlinked so to speak the value of the dollar going down always looms large. Emerging economies like China and the huge trade surpluses have means that dollar is no longer immune to having a weak streak. So if you want to avoid the dollar shock then investing in gold becomes imperative.

The gold Bull Run as suggested by gold analysts began in the year 2001 and it is expected to continue though a lot of people are suggesting that it is a good time to invest in gold stocks as well as physical gold as the premiums as are normal as opposed to very high.

Invest carefully in gold and that will mean you need to know all about Maple leafs, Krugerrand’s and American Eagle. Wait for more on gold.