Tuesday, June 5, 2012

FAQ: Is there any stock directly related to GOLD? | Gold Investment ...

Q: Is there any stock directly related to GOLD?

I want to invest in GOLD through the stock market. I don?t know what are the stocks almost similar to gold.

Answer:

try ABX. you need to buy actual gold bullion though if you want it as a hedge against inflation, not stocks. the reason is that you?re protecting your wealth in gold because you expect the value of the dollar to go down. you also don?t want to lose your purchasing power.

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