Weekend Trivia: Provide 10 Different Methodologies For Investing In Gold

Gold prices have tripled in the last several years. It is closing in on its all-time highs reached in 1980. Many people believe that this gold market has much more room to run.

There are many ways to invest in gold. Starting from most risky to least risky, 10 such methodologies are shown below:

1) Prospect generator mining stocks: speculative companies looking for gold.

2) Gold producing companies: large established companies that are typically already profitable.

3) Gold index funds: funds that attempt to replicate the movement of a specific basket of gold mining stocks.

4) Gold mutual funds: funds that invest in gold mining stocks.

5) Numismatic gold coins: collector gold coins that are typically 100 years old or more.

6) Bullion gold coins: modern day gold coins that trade based upon gold prices.

7) Perth Mint Certificate Program: Australia government guaranteed program for investing in precious metals.

8) Gold ETF: exchange-traded fund that buys gold and trades based upon gold prices.

9) EverBank MarketSafe Gold Bullion CD: FDIC-insured CD that provides upside potential based on gold prices, but with 100% guaranteed protection of principal.

10) Buy jewelry for your loved one: no risk, with likely nice rewards.


Future postings will provide more details for some of these options, including specific companies. Let me know if you want more information now.