What is the easiest way to invest in gold backed assets to hedge against global insecurity , say$50K ?
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Answer:
streetTRACKS Gold Trust. Trades under the ticker symbol GLD. The trust reflects the price of gold bullion. It is fully liquid and trades just like a stock. Hope this helps.
Give your money to me I will invest it for you and give you a % return.
How about gold stocks? One of my favorite is GG, as last I checked their gold fields were never hedged (like many other gold companies), their assets are fully backed and they produce gold very cheaply. Check them out!
I think you are acting wisely, getting into gold.
A long succession of US presidents have been spending money like water, the war on terror has no end in sight and the national dept has become horrendous and getting bigger. It cannot go on for ever like this. Sooner or later there will be a painful reckoning.
Gold stocks, digital gold currencies, and for goodness sake, get some bullion! I'd love to put a shiny kilobar on my fireplace mantle...
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