How to Invest in Gold Using Stocks and ETFs

In a recent article, I said that you shouldn’t invest in gold ETFs but bullion instead. Here I’d like to qualify that statement. Gold stocks and ETFs aren’t always a bad idea. They can be a great investment, but only if you’re planning to hold them in the short term.

Gold ETFs are usually a bet against the market or – more specifically – the dollar. Of course, this is true of gold in general. If the dollar goes down then gold (usually) goes up and vice versa. ETFs are sometimes better than gold, though, because they’re easier to buy and sell.

This is because:
* High liquidity: Nowadays you can trade ETFs with a few clicks. That means … read more ->

Advantages to Buying Physical Gold Instead of ETFs

There is a lot of uncertainty in the world right now. The US has a new president that nobody can predict. Britain is leaving Europe. Le Pen, who has vowed to do the same with France, looks almost certain to make it to the presidential run-offs. And North Korea – called by Trump the US’s greatest foreign threat – is testing missiles and murdering family of Kim Jung-un on foreign soil.

With this much insecurity about it is only natural to want some kind of financial safety. Gold has long been that safe haven. Even better, when the world is less secure, the price of gold often rises. That’s exactly what’s been happening. From the New Year till the end … read more ->

The Dow vs. Gold – A technical reading of the Dow Jones vs. Gold Prices as “Sell in May”

A technical reading of the Dow Jones vs. Gold Prices as “Sell in May” applies again…

USING THE nom de plume “Traderrog”, Roger Wiegand writes the popular Trader Tracks newsletter, giving investors short-term buy-and-sell recommendations and insights into the political and economic factors that drive major markets.

For more than 17 years, Roger has devoted intensive research time to the precious metals, currency, energy and financial markets. Now the ‘Sell in May’ situation could arrive right on time this year, Roger Wiegand tells the Gold Report in this interview, anticipating the next larger, extended rally in gold this fall.

The Gold Report: Roger, last week in your newsletter you talked about seeing two “flying wedges” in the Dow in … read more ->

Why Own Gold? – 6 Reasons Why Investors Own Gold

There are six primary reasons why investors own gold:

  1.  As a hedge against inflation.
  2.  As a hedge against a declining dollar.
  3.  As a safe haven in times of geopolitical and financial market instability.
  4.  As a commodity, based on gold’s supply and demand fundamentals.
  5.  As a store of value.
  6.  As a portfolio diversifier.

Gold is a monetary metal whose price is determined by inflation, by fluctuations in the dollar and U.S. stocks, by currency-related crises, interest rate volatility and international tensions, and by increases or decreases in the prices of other commodities. The price of gold reacts to supply and demand changes and can be influenced by consumer spending and overall levels of affluence.

Gold is different from other precious metals … read more ->

bogus today show video from sell your gold to scam people

I sent some old gold necklaces that have been passed down in my family that no one wanted. I checked with a pawn shop first to get them appraised and they offered $450 cash for them right there but it seemed low to me so I found Sell Your Gold instead. They claimed to pay a lot and had a video (that I now see is YEARS old and is probably just done by there local friend!!) saying it was tested, but it’s just FALSE. They offered me $177 or something for all that gold… less than half of even the pawn shop. I had them send it back which STIll took a couple weeks. Stay away from this company … read more ->

No Human Contact – Took 1 Month to Get Gold Back from Sell Your Gold

No human contact at all! Had to create and log onto to my account with Sell Your Gold to view the offer within 24 hours of receiving an email from them, otherwise they would just send the payment and keep my gold. The offer was low so I refused it, then someone finally contacted me. Took me almost a month to get my gold back.
Kristi, CA… read more ->

Lowballed by Sell Your Gold

First offer I got by email was for $99.40. According to their website’s video, that’s about 40% of the daily spot gold price. Rejected that and then got a call from a very pleasant rep with a second offer for $150.

James, MA – 3/24/2011… read more ->

Cash For Gold Phenomenon

What to look for:

1- Look for Gold buying prices on their website. Compare these prices with other companies.
2- Look for a company phone number and address on their website. Verify number and address.
3- Make sure the prepaid mailing kit they send to you is insured, preferably for $1,000.
4- Look for established companies. You can search online for the start-up date of any company.
5- Look for 30 day money-back guarantees, not 10 day guarantee.
6- Look for Better Business Bureau Ratings.

What to do:



1- Remove precious gems and diamonds from your gold. Most companies only pay for the gold value.
2- Have your gold checked prior to sending it, for weight and karat value.
3- … read more ->

BEWARE CASH 4 GOLD

Maybe you saw the Cash 4 Gold Super Bowl commercial, the one with MC Hammer and Ed McMahon.  Maybe it occurred to you that there has to be a catch.  Would someone who receives your gold in the mail actually give you a decent price?  Of course not.  With Cash 4 Gold you’ll be lucky to get a third the price you’d receive at a pawn shop.

As a former Cash 4 Gold employee suggests, the whole operation is a scam.

[Update: I got an e-mail from a Cash 4 Gold PR hound criticizing me for having “false and defamatory information” on my blog because I posted the former employees commentary in full.  You know you’ve got rip-off artists on … read more ->

UK SCAM!!

I sent a package of gold to SGUK or scrap gold uk on 9th October 2009. They made me pay £4.95 to post it special delivery and unlike most never sent me an envelope pre-paid.

The royal mail track and trace website showed my package as signed for on 9th October. No cheque arrived so I rang them. They said that they never received my package.

One of three things has happened:
1. they signed for the packet and then stole my gold without paying me.
2. the postman stole it.
3. the postman delivered it to the wrong building and someone else stole it.

So, either sguk are a dodgy company or the post service cannot be relied upon … read more ->