Tuesday, June 23, 2020

Investing in Gold

Beginner's Guide to Investing in Gold -
Everything you need to know about how to invest in this precious metal.
https://www.fool.com/investing/the-beginners-guide-to-investing-in-gold.aspx
Contains lots of info about different ways to invest in gold.

Does It Still Pay to Invest in Gold?
https://www.investopedia.com/articles/basics/08/invest-in-gold.asp
" * Gold is seen as a hedge against inflation and a store of value through thick and through thin.
  * Holding gold, however, comes with unique costs and risks, and the data show that historically gold has disappointed on several of its purported virtues."

When Is the Best Time to Invest in Gold?
https://www.newsmax.com/fastfeatures/best-time-invest-gold/2018/03/15/id/847771/
"Traditionally, the value of gold increases as inflation decreases the value of national currency.
... your best bet may be to buy gold during uncertain times."

Should You Buy Gold?
- The precious metal may be a good investment—here's why
https://www.thebalance.com/should-you-buy-gold-3140477
"Investing in gold is not like buying stocks or bonds. You can take physical possession of gold by buying either gold coins or gold bullion. ... The value of the bullion or coin comes from its precious metals content and not its rarity and condition, and it can change throughout the day.  ...
You can also buy stock in gold mining companies, gold futures contracts, gold-focused exchange-traded funds (ETFs), and other regular financial instruments. If investors purchase a gold-backed ETF, they are purchasing shares of a trust's ownership in gold, but have no claim to the physical gold itself.
...
After the price increase in the '70s, gold spent the next 20 years declining in value before going back up around 2000.
...
Gold is often a better hedge against a financial crisis, rather than a hedge against inflation. In times of crisis, gold prices tend to rise. But that is not necessarily the case during periods of high inflation. If there's a financial crisis or recession on the horizon, it may be wise to buy gold. However, if the economy is in a period of high inflation, it may be wise to pass."

Gold Price History from 30 B.C. to Today
- Historical Gold Prices in the Roman Empire, Great Britain, and the United States
https://www.thebalance.com/gold-price-history-3305646


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