Looking for Investing in Gold ?
>> Does Gold Really Offer Insurance &
Protection during Market Turbulence?
The only way to keep up with the latest about Stock Market
is to constantly stay on the lookout for new information. If
you read everything you find about Stock Market, it won’t take
long for you to become an influential authority.
The diversified portfolio has a small position in the gold
market. For some investing in gold means holding gold coins.
Some speculators buy gold contact futures on the commodity
exchange. Future contracts are risky because you are betting
that the price of gold will go higher in the future. The
contract requires a relatively small up front payment, but
there can be daily fluctuations that require you have funds to
back the dips in the price of daily gold.
The reasons investors have been interested in gold is that
the old reasoning was that if the stock market was down the
gold market was generally up. This reasoning has become a
possibility, but not an axiom of the current marketplace. The
weakness in the dollar generally brings a surge in the price of
gold. The current price for gold is in the range of $670.
Prices have fluctuated within a range of $664 and the current
high of $672. Traders think gold could easily go as high as
$1,000 an ounce.
Investing in gold stocks and precious metal index funds can
be purchased through a stock broker. A stock broker
specializing in this area is very important because the
investment needs savvy investment advice. Most of the larger
brokerage houses have individuals that are specialized in the
area of commodities and precious metal stocks.
There are certain international gold stocks that are
noteworthy. A Canadian based international player in the gold
market is Agnico-Eagle Mines. It trades on the New York Stock
Exchange and the Toronto Stock Exchange under the stock ticker
AEM. The stock is also sold on the Frankfurt Stock Exchange.
This company has more than a thirty year history in the
production of gold. Since the 1970s AEM has produced over four
million ounces of gold. The company is international and has
operations in Canada, United States, Mexico, Sweden and
How can you put a limit on learning more? The next section
may contain that one little bit of wisdom that changes
Other noteworthy gold stocks include; Barrick Gold Corp,
Goldcorp Inc., Kinross Gold Corp., and Newmont Mining. All of
these gold stocks are currently trading on the upside, but it
is advisable for all investors to make sure these stocks fit
your investment risk potential.
In recent years the price of gold has been as low as the
$450 an ounce range. Since the late 1970s gold has made huge
profits for holders of gold. The key to owning gold is to know
the various resistance points and to assess the global market
for the use of gold. It is used primarily in jewelry
manufacturing and other types of manufacturing. Currently in
India there is a small slow down in the use of gold for jewelry
making. The same applies to a degree in China. Whether it is
enough of a slow down to effect the price of gold is
Investors who trade in gold should seek the advice of an
analyst that can factor in all the various aspects that effect
the price of gold. If you own gold as a hedge against a weak
dollar you should look for any strengthening in the dollar. The
important thing to remember is to gage your investment in gold
to a level that you are comfortable. If you bought spot gold at
$600 an ounce, you might consider a rise to $720 a good profit.
The ride to $1,000 an ounce may be bumpy and there is no
telling when it will reach that level if it does as speculators
There are numerous gold mining stocks on the market and if
you are interested in a small investment you can find these
stocks in the $5 to $12 range The smaller gold mining stocks do
carry a risk because a great deal of overhead goes into making
a mining company profitable.
The range of risk and amount you decide to invest in gold is
a personal choice. It is always advisable to seek the expert
advise of a stock expert or commodity expert before leaping
into this market. Another sage piece of advise we learned
is to trust our sense of cashing out before the price of
gold drops significantly due to outside pressures or
Sometimes it’s tough to sort out all the details related to
this subject, but we are positive you’ll have no trouble making
sense of the information presented above.
Breaking Stock/Forex News
1) Why Are The Wealthy Buying And Storing Gold
Offshore? The Secret of Super-Rich That Grow and Protect
Your Savings or Investments (Hot!)
2) Kyle Dennis turned $15,253 into $1,613,442
trading Biotech stocks…
$200 investment in Bitcoin in 2011 would be
worth $928,586 USD