3 Gold Miners That Stand to Sparkle from Growing Demand [View article]
auto44, this is true, however for someone who may have limited funds but would like have a chance of great returns, mining stocks are sometimes the way to go. GLD runs at about 1/10 of true gold price, so one could buy alot more of that etf then they could the metal, lowering their risk but not really raising their reward target very much. I guess that depends on the type of trader that you are, and I will not even try to tell someone what to trade.
On Jan 02 01:12 AM auto44 wrote:
> It seems to me that if gold is rising in price that it would be more > efficient to buy a gold etf such as gld. You don't have the worries > of the risks of trying run a profitable company. Isn't gold that > is out of the ground worth more than gold in the ground?
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auto44, this is true, however for someone who may have limited funds but would like have a chance of great returns, mining stocks are sometimes the way to go. GLD runs at about 1/10 of true gold price, so one could buy alot more of that etf then they could the metal, lowering their risk but not really raising their reward target very much. I guess that depends on the type of trader that you are, and I will not even try to tell someone what to trade.
Jan 02 09:01 am
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All Comments by RBSTOCKS »3 Gold Miners That Stand to Sparkle from Growing Demand [View article]
On Jan 02 01:12 AM auto44 wrote:
> It seems to me that if gold is rising in price that it would be more
> efficient to buy a gold etf such as gld. You don't have the worries
> of the risks of trying run a profitable company. Isn't gold that
> is out of the ground worth more than gold in the ground?