How To Invest In Gold Now – Buying And Selling Gold, Coins, Bars, Shares, Mining, ETFs

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Why It Pays To Hang On To Gold

· No Comments · Gold Coins, Gold in the Media, Investing in Gold, Investing in Gold Stocks and Shares

In a Money Week article Why It Pays To Hang On To Gold, first published in the Financial Times, Merryn Somerset Webb writes:

…”the current state of our markets tells me one simple thing – that I should hang on to my gold.

The price of gold has already fallen 14 per cent since its peak of $1,033 back in March, and it also had a bad week as the dollar rose.

But, in uncertain environments, what we all need most is insurance. And gold is the best financial insurance you can get over the long term.”

The article continues:

“There is a perfectly reasonable fundamental case to be made for holding gold: supply is limited and demand high. However, the real point is that the future is very uncertain …”

The author closes with an ETFS recommendation as a way to get “physical” exposure to the precious metal.

Another way is of course to buy gold coins.

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