stevo7

Coming Inflation To Boost Stocks, Gold

Avery...assuming I wanted to use gold as a flight to quality, and an investment tool, which route would be best? I would prefer just to buy the "GLD" ETF, because it is highly liquid. But, once I sell it, I am stuck with devalued dollars. Would it be better to buy actually gold coins/ingots, and transport them outside of the country, to sell them for a currency that has not been deflated? I am a bit perplexed by this problem. Actually, I believe there are gold dealers that will wire your money in dollars directly to London or Switzerland, buy the gold, store it in their vault, and wait for your direction...all for a nominal fee. I'm just not sure if that's any better than buying GLD shares. Or, better yet "DGP", which is the double gold ETF shares. Thanks ahead of time for the advice and the great articles, Avery!