Quote:
Originally Posted by lamboguy
it depends what you want. if you are looking for insurance, physical gold is the way to go. if you are looking for price appreciation, you can buy gold mining stocks..
if you chose physical, i highly advise you to stick with only United States minted gold coins.
|
Why? I've held Krugerands and Maple Leafs over the years and never, ever had a problem converting them to currency. The reputation of those coins is impeccable.
I've held Eagles also and not sure why you'd feel any more comfortable with them. As long as it's .999 it seems like it would be all good to me.
I'd definitely go physical also. If I were to invest in gold any other way it would be in the mining stocks.