The yellow precious metal, used in jewelry, and as money, as well as in the industry and medicine.

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67
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10answers
8k views

Why does gold have value?

I'm curious about why is there so much financial interest and news coverage about gold. It's hard to do things like buy food or pay the rent with gold, but I can do this with cash. Gold doesn't yield ...
4
votes
2answers
1k views

Pros & cons of buying gold directly vs. investing in a gold ETF like GLD, IAU, SGOL?

Google search brings up some articles on this topic, but they can be biased, so: What are the advantages and disadvantages of buying physical gold vs. investing in a gold ETF like GLD, IAU, or SGOL? ...
6
votes
4answers
415 views

When is a good time to invest in gold? In what situations is the price of gold likely to drop?

When is a good time to invest in gold? What are situations likely to trigger a drop in gold prices? What are alternatives to gold?
17
votes
9answers
1k views

Does gold's value decrease over time due to the fact that it is being continuously mined?

As one can see here ( How fast does the available amount of gold in the world increase due to mining? ), available amount of gold is increasing. That sounds similar to printing more money. I ...
8
votes
5answers
1k views

Buying gold / silver as a hedge against hyperinflation

I'm becoming more interested in buying gold / silver coins as a hedge against inflation and especially hyperinflation. I know very little about this, and there are thousands of sites on the internet ...
8
votes
4answers
307 views

What is the best way to invest in gold as a hedge against inflation without having to hold physical gold?

What is the best way to invest in gold as a hedge against inflation without having to hold physical gold? Is it possible for a regular person to just purchase shares in GLD?
12
votes
3answers
509 views

Where can I sell some gold ounce bars I own, without getting screwed?

I have some gold ounce bars that I'd like to sell while the price is high, but I don't know where to sell the gold. I've Google'd around, but there seems to be a lot of shady places out there. So my ...
1
vote
4answers
498 views

Is the gold and silver in the GLD and SLV ETFs leveraged?

There are various blogs and videos that indicate that the gold that GLD holds (via HSBC) and the silver that SLV holds (via JP Morgan) is leveraged 50 to 1 or 100 to 1. For me there are some ...
10
votes
7answers
4k views

Is there a general guideline for what percentage of a portfolio should be in gold?

I have some gold (GLD), but not much - a little over 1% of my net worth, and about 2% of my non-retirement investments. I'd like to increase this position as an inflation hedge and to have something ...
15
votes
8answers
875 views

How do you measure the value of gold?

With stocks in a company, when you do valuations, you can look at things like how much profit the company has made, or how much dividends it gives back, in order to get values with Price Earning ...
17
votes
6answers
5k views

Why did gold prices drop in 1981?

Anyone know why gold prices drop by $400 an ounce in 1981? http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
11
votes
7answers
892 views

Is gold really an investment or just a hedge against inflation?

As per the title of this question, is gold something that can really be considered an investment or is it just a useful hedge against inflation? While I can understand the value in having hedges ...
15
votes
3answers
619 views

Until about 1800, why did gold have any perceived value?

Related to this previous question, and this one, what gave gold value prior to "modern" uses? Until its application in EM shielding, electrical connectors, etc, it seems that gold was merely ...
11
votes
3answers
402 views

How fast does the available amount of gold in the world increase due to mining?

How much new gold is injected into the economy of the world due to mining activity as a percentage of the already available gold? In other words, what is the annual increase in the amount of gold that ...
11
votes
4answers
446 views

If I have some old gold jewellery, is it worth it to sell it for its melt value?

TV, radio, and print ads make it look easy to get cash for gold jewellery. But, really, is it worth it to sell jewellery for its melt value or is there a better alternative? Do places that offer to ...
10
votes
5answers
488 views

Pros & cons of investing in gold vs. platinum?

I'm considering moving some of my investments into physical precious metals in case the world economy tanks further. Both gold and platinum are near historical highs, but platinum has been more ...
8
votes
6answers
1k views

What intrinsic, non-monetary value does gold have as a commodity?

Clearly the main focus of discussion of gold is on its extrinsic value - the value placed on it by investors and others who prize it as a store for wealth. However, it's conceivable that society could ...
6
votes
2answers
148 views

Investments backed by physical Diamonds?

I understand people can invest in Gold via ETF's which are investments backed by physical gold. My question is, do investments exist which are physically backed by Diamonds?
2
votes
1answer
712 views

Why gold prices are affected by interest rates?

At this article: http://www.theglobeandmail.com/globe-investor/some-gold-bulls-say-its-time-to-cash-in/article2139949/ What does this mean: The current environment of low interest rates and a weak ...