If you have loads of money buy Physical gold ETF.
If small amount of money by coins uch as Sovereigns. half-sovereigns, Krugerrand, Maple, Eagles etc.
Check spot gold price and check weight of gold in the coin (Krugerrand is 1oz of gold so coin is slightly heavier). The price will be around the spot price and the spread should not be too wide. A reputable company should have a buying and selling price.
If your "take is that the world economy is going to collapse" why on EARTH would you buy gold (instead of bottled water and bullets)?
For 650 years gold remained in a channel (corrected for inflation) between US$310 and US$627, until e-mail mass-marketing became VERY cheap in 1998 and facilitated global junk e-mailing...THAT is the only reason for the run-up in gold prices....nothing fundamental has changed about gold, or about human greed, fear or stupidity...
Buy gold if you want to, but you WILL lose money...
You can also buy a gold index that trades with the price of gold like GLD
Go to gold market
When the price of gold is low you can buy it and when its price is high then sold it..this is the good strategy to deal gold market.
invest in land instead. you can never go wrong with that
Try the following website-
http://firstassetclass.com/
You can buy gold from here and also consult from them.
I am interested in buying gold but am inexperienced with trading and young. My take is that the world economy is going to collapse soon and that the American dollar will one day be worthless when we default on our loans. So my question is, how exactly do I invest in gold? Are you better off buying physical gold, like coins, or investing in gold stocks?
