Has anyone had any good experiences investing in gold? I've heard a lot of people talking about their "gold portfolio," but is it really a profitable endeavor?
My F.A. handles all my finances, but the gold coins and such jewelry will be handed down..
No one is in need now..and a lot I had already given away..
i did a correlation study between oil prices and gold ounces and its been working great for me for 2 years now, you should try it
Gold is a good investment right now as govt spending irresponsibility reins supreme. I have sales experience as an office manager for a small bullion, coin and gem firm which buys and sells used jewelry too. As good as gold is (currently), I put all bets on silver for far outperforming gold on the upswing which may continue for years to come. I advise not investing in gold or silver jewelry or diamonds, but instead buy well marked reputable silver bullion (often stamped/minted in 1 oz rounds or bars - the #1 best seller). Look for reputable brands (there are lots of good ones) with lower premiums over spot price (2-5% over) or go with 90% silver coins (pre-1965, often called "junk silver") for more convenient small increments and superior recognizability and even lower premiums above spot price (1-3% over spot price) figured at about .715 troy ounce per $1 face value of dimes, quarters or half $'s with no wear to a little wear. There are many other options, but those are the best. Basic noncollectable value Gold and sivler coins are another popular form for buying either gold or silver, with a bit higher premium to very high premium depending on collectable value added. This area is very easy to overpay if you don't know your current and changing values of collectable/numismatic valued coins so you can shop for realistic best deals.