Gold and Silver index???

The silver bull is the easiest thing to ride on the planet. It's cheap cheap cheap. Ole Bessie it is, as long as you are taking delivery for the long term. If you foolishly play trading games on margin... well that's another story. The volatility will eat you up. If on the other hand you are into buying low and selling high? the choice is clear. I've tripled my money in 3 years by sitting on my hands. It will triple again soon. To maximize your profits, buy the dips, like right now at $15 -.$15.50 instead of last week at $16.25. Simple eh?
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Washington doesn't need more lawyers.
It needs a doctor!
Dr. Ron Paul *** RX for Freedom

Take delivery, take delivery, take delivery! Silver has the potential for greatest upward price adjustment. Notice I do not say "appreciation" since that means an increase in value from purchase price.
Silver is "undervalued" because of artificial price suppression which steals from poor countries, historically 16:1 to gold just as it occurs in nature, means it should be trading around $50.00 an ounce right now.
Once you have your weight in silver then buy gold. ;-)
END THE FED!!!
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Washington doesn't need more lawyers.
It needs a doctor!
Dr. Ron Paul *** RX for Freedom

Here is a contrary view:
Ron Paul has spoken on converting the US debt to Zero Interest debt.
Deflationary debt spiral in process. gold and silver will also be creamed as the value of the dollar will soar.

http://www.dailypaul.com/...

money into Ron Paul. You not only get sound money but your Liberty.

I might suggest something like the Perth Mint certificates in Australia. (Yes, I know it's a paper promise, so please...). You will own actual gold, not an index and there is some question whether those ETF's actually own the gold they say they do. The Perth Mint is backed by government of Australia, a country that depends on mining and resource exports, so they are not likely to play an shenanigans.

Investing in gold mining stocks requires either alot of self-education or a specialty broker who follows the companies. There are a tremendous number of supposed gold companies that will never dig an ounce out of the ground, pure speculation and those stocks are getting hammered worse than GE or Monsanto.

On the other hand, actual gold producing companies directly profit from any increase in the price of gold, such as Goldcorp, Newmont, Goldfields and I think they make up the HUI. It's not such a bad idea for diversification versus trading individual stocks.

There is no easy advice for any of us right now. The dollar shot up today on the world markets by a huge amount and gold dropped. Prediction is difficult, though I'm still betting on inflation rather than deflation. If we get delfation instead, physical gold and to a lesser degree silver will outperform stocks (though both may go down).

Bear markets are about trying to preserve as much of our savings, not make money. The only people kicking back drinking mai tai's put their money into shorting homebuilders and banks a year or two ago. Now, if I had been that smart.....

If you want to get your money out of dollars buy the physical metal. https://online.kitco.com/...

I disagree with the recommendation to own a gold index. These indexes are made up of gold stocks, not gold itself. Although they are correlated, they perform differently. Recently, basic gold bullion (under the symbol GLD) has been better performing and less volatile than the indices, either the Gold BUGS Index (HUI), or the Gold/Silver index (XAU).

To see the difference in performance, click here:

http://moneycentral.msn.c...

More commentary here: http://www.streetauthorit...

Others here have suggested that possessing physical gold is superior to an exchange traded gold fund with a broker in between you and your holdings. Although I do possess physical gold in limited quantities, 100% possession also has its risks.

I also disagree with the assessment of your advisor on the future of the stock market. If the Fed inflates the money supply dramatically the market will begin to rise. Prices for everything else, however, will rise faster (except housing, perhaps!). This is an inflationary scenario, and many expect this based on statements by the Fed and executive / legislative branches. Over time you may have the same amount of dollars in your brokerage account, but they won't buy nearly as much.

While I'm not advising that you do so, also note that you can hold foreign currencies in your brokerage accounts (such as FXE for Euros, or FXF for Swiss Francs), and now even agricultural commodities, symbol DBA. All of these will mitigate the risk of dollar collapse and market collapse in different ways, but the underlying risk of a broker failure or some other exchange rules changes, etc, are still there.

For more information, google videos with Peter Schiff or Jim Rogers.

If you really want an easy and short but highly informative read check out 'The ABC's of Gold Investing' at your local bookstore. It covers everything you need to know, soup to nuts. I read this book and it was worth it's weight in gold! Good luck.

Your cost to buy gold and silver should not be a $ amount per transaction, it should be a percentage fee. Online sellers like Monex charge about 6% fee over the total cost of the metals. You can find local dealers that will sell at a 5-7% premium. The smaller the coins, eg 1/4 ounce or 1/10 ounce will demand a higher premium due to fabrication costs. They usually command a 7-10% premium.

My recommendation is to use The Google on the Internets that Al Gore invented and that Ron Paul now owns!

you are still playing their game of "paper contracts". There could be many ways you and your money could part ways. Just consider a real economic meltdown. Not just a 500 drop in the DOW, but a real meltdown. The kind where phone calls, not only don't get returned, the service no longer works. The kind where politicians abscond abroad. The kind where the military roams the streets. Forget guarantees in this day and age. They too, are "paper contracts", only enforcable if capable, which they may not be. The broker simply goes insolvent, and your property may never be seen. Take delivery, and sleep well. If silver is too bulky, buy gold. $10,000 dollars of gold will fit nicely in the toe of a sock! Silver, a little less than a shoebox. Another little secret: once people start demanding delivery of silver and gold, get ready for a bull of a ride! Right now, the price is manipulated by futures contracts that trade far in excess of actual delivery capabilities. Visit a Ron Paul friend's website: The Silver Stock Report or search Jason Hommel.

HI, I am by no means any type of expert on these things, but am looking at silver very seriously because I simply don't have the funds to fool with gold. I have been watching it all fluctuate and it is going down some today.
My thoughts are in the long term. If something as serious as it can get in this country happens, paper money or investments that are on paper are going to be totally worthless. My intentions are to buy junk silver in the way of rounds or such and hide them very well from people that are trained to find these things but have it close enough on hand that I can get to it if I need it for something like bartering or trading, or maybe even to buy my way out of something. I don't trust too easily having my investments on paper somewhere that someone can tell me later on, Sorry about your luck, but it's not there any longer. Just my thoughts on it. Good luck.

Thats right Ron Paul probably has a coffee cans buried in his yard filled with silver and gold.

I put ALL my assets in silver bullion, took possession, almost tripled in 2 1/2 years. (-:
I would say put at least 25% in bullion and take possession. I think silver is a good buy up to $30 an oz.
Of course thats just one mans opinion.
Don't forget that the FEDS can get into your safety deposit box any time they want.

I believe that banking institutions are more dangerous to our liberties than standing armies.The issuing power should be taken from the banks and restored to the people to whom it properly belongs.
Thomas Jefferson

You don't give enough info to let me know what your advisor is suggesting, but generally you'd be smart to stay away from any leveraged investments, such as futures or options. The gold and silver markets are and will continue to be volatile, and the down-swings will wipe out all but the most informed and savvy investors.
If he's recommending gold or silver ETF's, such as GLD and SLV, which are funds that purchase 100% of the real metal to back the fund, then it's a good investment. The long-term price trend is definitely UP, and these funds give you the same profit potential as if you owned the metal.
I'm sure lots of people on here will say that all funds are bogus, and you must buy the real thing and store it in your house, but that's ridiculous. It depends on each person's circumstances. If you've learned a lot about gold & silver coins and can make wise purchases, and have a safe place to store them, then this may be for you. But an uninformed investor is LESS likely to get fleeced by one of the major ETF's than he is buying gold coins. Also, depending upon where you buy and sell, the buyers permium and fees on coins can be high..., far higher than the fees on the ETF's. And the government could confiscate physical gold just as easily as the funds, so that's not a real issue.
And for many people who need to leave their money in a 401k, 457b, or other retirement fund, the ETF's may be the only option to put the money into precious metals.
With what's coming for the US economy, the dollar, and the stock market, the sooner people move their savings into gold and silver, the better. It's going to get ugly.....

Only buy stuff you can hold onto in your hand. ETF's will crash just like the market.

Cash out and goto www.apmex.com and order Silver Eagles and Gold Eagles!!

Do the research...everything points to Holding it in your hand.!!

Best by solid commodities and take them home. You will pay 28% capital gains tax on any paper that is not redemmed within 12 months.
Make the minimal transaction record as possible, the Zionist Government is comming to get you if you do not!

If you do buy gold and silver..my preference is to have it in hand and quickly available. Under the mattress is not wise...minimum have a heavy not easily moved safe and the best for security but a little less access is a local bank safety deposit box.

My worthless two fiat cents :D

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Federal Reserve to the American People:

"Catapultam habeo. Nisi pecuniam omnem mihi dabis, ad caput tuum saxum immane mittam."

I buy gold using my Ameritrade account using the symbol GLD. It's 9.99 a trade for as many shares as you can afford. 1 share of GLD has been trading around $80-90 since it represents 1/10 of an ounce of physical gold.

you are asking for investment advice from a ron paul support forum? are you kidding?