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  • The Safest Ways to Invest in Gold and Silver [View article]
    Peter,

    Seabridge Gold (SA) and Semafo (SMF.TO) are my favorite juniors.
    Dec 20 15:58 pm |Rating: 0 0 |Link to Comment
  • The Safest Ways to Invest in Gold and Silver [View article]
    Thanks for the comment. Physical ownership works for you and that's fine. I think it is a great idea. But it is not for everyone. While I realize there is some chance of default with CEF or GTU, I am simply pointing out that the chance is far less than with other gold investment vehicles. And, it outperforms them to boot.

    If your worst case scenario comes to fruition, I imagine there will be some warning from the U.S. and time to get out of Canada before they do the same, as opposed to the countries syncing confiscation activities. But I could be wrong. Maybe putting your eggs into different baskets is the safest option. House gets robbed and you still have CEF. Canadian government confiscates CEF gold and you still have your physical bullion.

    Anyway, best of luck to you.


    On Dec 17 07:28 PM User 30121 wrote:

    > Jason, Jason, Jason:
    >
    > I will take umbrage with your advice. First, putting ANYTHING of
    > value in a safety depost box in a banking institution is INSANE,
    > period. Reason: Should Obama decide to do away with the owning of
    > gold (or anything of value) the FIRST place to be ransacked by your
    > government is safety deposit boxes. Telling UNEDUCATED investors
    > to buy ANYTHING of value using PAPER as their proof of wealth is
    > also INSANE, and is a disgrace coming from you, educated on such
    > matters. PHYSICAL OWNERSHIP is the ONLY way, period. Paying premiums?
    > Well, one must shop for ANY items of need or want, right? Same with
    > gold and silver. At this writing, we are at a time when buying precious
    > metals is a MUST. Prices are at basement levels. If you think not,
    > just wait a few weeks. Before the first pitch of baseball season
    > 2009, gold will be four digits. The only question is what will be
    > the FIRST digit???
    >
    > Oh, I have to safeguard my gold and silver? Fine. I can do that.
    > Oh, maybe someone will rob me, huh? Well, I have educated myself
    > about the firearms I have in my home, I have a concealed weapons
    > license, I go to the firing range at least monthly. So I feel confident
    > I can protect my family, AND my other precious items. Be careful
    > of the advice and recommendations you dole out.
    Dec 18 07:55 am |Rating: 0 0 |Link to Comment
  • The Safest Ways to Invest in Gold and Silver [View article]
    Investors are willing to pay the premium as they perceive GTU to be a safer investment. And while it is a larger premium than GLD, GTU continues to outperform, which makes the premium less relevant in my eyes. GLD has been marketed better and is way more popular, but is not the better investment option.


    On Dec 17 11:49 AM Internet2k4 wrote:

    > I don't understand the premium to NAV for GTU over GLD. I've been
    > in and out of GLD for years, and it always tracks close to the spot
    > price for bullion. Lately I'm using the double-long/short ETFs instead,
    > which are volatile by design, but what is it with the huge markup
    > for a trust that simply holds the metal? Do they spin it from straw,
    > like Rumpelstiltskin?
    >
    > As I write, GTU is up 10.75% today while GLD is up only 1.17% (?)
    Dec 17 13:11 pm |Rating: +1 0 |Link to Comment
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