Buy Gold and Silver
What kind of gold should you buy?
There are a number of ways to invest in gold:
1. Buy gold mining stocks or gold related equities.
2. Buy gold ETF (exchange traded funds) or gold futures contracts.
3. Buy real physical pure gold.
Of the three, buying real physical gold is the best option. Why?
1. Mining stock investment is complex, requiring a lot of research. Gold mining
stocks are generaly volatile and carry big risks. It is also expensive to mine; oil and labor
prices can eat into gold mining profits. Each mining company is different and mines have varying degrees of
ore grades. There's also the risk due to government and political issues of a country such as the
nationalization of mines, taxation and labor issues (strikes).
2. Gold ETF such as GLD generally holds gold to back the equity shares of the fund, and does a
good job of tracking gold prices besides allowing you to purchase gold on margin. Leverage can be either good or
bad, but if you don't know what you are doing, you can lose a lot of money, so trading futures should be left
to professionals. There are also risks in owning these paper gold investments, such as a currency crisis that
gains gold value, and makes currencies worthless because of the lost of confidence in them. In hyperinflation, you
may end up with a bunch of worthless currency if you are forced to settle your gold investment in paper
currency that is rapidly losing its value.
3. Real physical gold provides the best protection against the dangers arising from the
global sovereign debt crisis, mitigating the risk of a currency crisis that would hyperinflate the dollar,
euro, pound and other major currencies. The best investment in gold is the gold bullion,
which generally comes in bars and coins. Buy them from recognized private mints or
governments mints. The most popular recognized government minted gold bullion coins are the Unites States Gold
American Eagle, the Canadian Gold Maple and the South African Gold Krugerrand. It is also safe to buy Chinese
Panda's, Austrian Philharmonics and Australian Kangaroos.
BUY GOLD DINAR AND SILVER
DIRHAM
- Lighter than gold bullion
- Every e-dinar account is 100% backed by physical gold and silver.
- Universal currency - no inflation or exchange losses
- Halal exchange and payment system
- Spread fee: 1% of spot price for gold, 2.5% for silver, 2% for
platinum
- Storage fee: 1% of average account balance annually
- Option to exchange e-dinars and e-dirhams into any major national
currency
- Redeem and hold gold dinar and silver dirham in your hands, or store in a
secure vault in Dubai.
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