You are viewing a single comment's thread from:

RE: Gold looks Set to Take Off. Bullish Pennant Targeting $1500.

in #market6 years ago

@maneco64

What is your thoughts on buying Gold stocks/Gold ETFs vs the underlying asset for gold exposure? From what I can gather gold stocks provide more returns on a percentage basis, however you also have the risk of other factors pertaining to the company itself.

As for buying the physical asset, in Australia anyway, we need to go through all this regulatory paperwork and pay to keep it stored at the mint. A little cumbersome I think.

Would like your thoughts. Thanks for the post!

Sort:  

I personally have mining stocks as a speculative play. As for ETFs I don't touch them as that is what the bankers want people to buy as it's not real gold.

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.027
BTC 61152.47
ETH 2665.18
USDT 1.00
SBD 2.55