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Investing/Strategies / Commodity Traders
|Subject: Investing in Gold||Date: 3/11/2009 5:53 PM|
|Author: reddir||Number: 108 of 113|
I am looking at investing in Gold and am wondering what the best way to invest in bullion is, other than buying and receiving physical gold.
I had thought GLD was a good way (and SLV for silver), but recently I have been reading that the fund(s) might not be entirely invested in physical bullion, instead using futures etc.
Do you have any thoughts on this?
I found 2 funds, CEF and GTU that seem to indicate they invest at least 95% in bullion. However they each seem to be trading at premiums to the price of bullion, 13.2% and 22.2% respectively.
Are these good vehicles for investing in actual bullion? Are the premiums on the above two simply the 'cost of doing business'? Are there better options available?
Thank you for any help,
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