Options bets are signaling the precious-metals resurgence has much further to go, with traders making wagers that gold may rally an additional 40% and silver almost another 80%. The most popular option on the SPDR Gold Trust exchange-traded fund, known as GLD, is tied to prices jumping 27% to $180 a share, according to options data provider TradeAlert. Another popular option pays out if GLD … Continue reading Investors Bet on Big Gains by Gold, Silver
When I started trading commodities in the fall of 1990, the price of gold was $400 an ounce. From September of 1990 to September of 2005, the price of gold ranged from around $280 to $450 an ounce: a difference of $170 over 15 years. Over the course of any given year, a $40 to $50 move in the price would be considered a big … Continue reading Buying Silver vs. Gold as an Investment – What’s Better?
Many commercials in the media about gold investing, such as those on TV, radio, and online, are from gold brokers touting gold as a great investment. This doesn’t seem very intuitive, since gold pays no interest, no dividends, and realistically could go twenty years without going up in value. That doesn’t make for a spectacular investment, but many people continue to buy it for various … Continue reading gold investments
Numerous commentaries in the media, both on television and in print, would have us believe that gold is a bad investment. Headlines warning investors to stay away from the yellow metal are commonplace. Examples such as “Five reasons not to own gold,” “Gold is the worst investment in history,” “Gold as an investment – think again,” “Gold is a bad hedge,” “Gold is a pointless … Continue reading invest in gold
Historically, gold has played a major role in the economies of many nations. Although it is no longer a primary form of currency, gold is still a solid, long-term investment and may be a valuable portfolio addition, particularly in a bear market. Gold was considered a universal currency for hundreds of years. Due to its recognized value worldwide, a gold standard was used as far … Continue reading Is Buying Gold a Good Investment?