Author: eHow
Description:
Invest in gold in three ways: buying physical gold, such as gold bars or jewelry, buying ownership contracts that relate to the actual gold price or buying shares in gold mining companies. Learn the advantages and disadvantages of each method in this free video from an experienced floor trader on investing.
Expert: Mark Griffith
Bio: Mark Griffith has graduated in economics and philosophy at Clare College, Cambridge. He has been a futures and options floor trader at LIFFE (London International Financial Futures Exchange).
Filmmaker: Paul Volniansky
Channel: Howto
Tags: investing buy gold investments certificated of deposits annuities compound interest buying stock markets
Youtube Comments: 49
PairoftheSocks Says:
Jul 15, 2009 - Also, as our cost of living goes up, the government will also print money to sustain businesses that can no longer afford physical items that have gone up in price. This only further increases inflation. Its a chain reaction that cannot be stopped. Get gold to protect your money. By the time you finaly prepare out of shock it will be too late.
MintCoinsAndBullion Says:
Jul 25, 2009 - Gold and Silver have withstood the test of time even in through tough economic times . Don't miss your opportunity to get a physical investment for your money . Unlike stocks this is an investment you can hold in your hand and won't disappear overtime . Please check out MINTCOINSANDBULLION to help secure your future .
carmenlee87 Says:
Jul 27, 2009 - All this talk of buying gold sounds fishy. Sounds like another asset bubble to me. Dont put your eggs in one basket.
luccaskunk Says:
Jul 30, 2009 - buying gold is actually less about making money and more about not losing money... gold is "inflation proof". What that means is that when it goes up in cost, it's only because the value of the currency goes up and down... It's kind of like the ocean, the water is fiat currency (most world currencies), and land is gold. Someone on a boat affected by the waves might go "Gee, that land is going up and down." but that's just an illusion. The land/gold is stable, the water/currency is not.
luccaskunk Says:
Jul 30, 2009 - So what happens is, you don't actually make profit, at least as far as "what you can buy". But what you do is prevent your net worth from decreasing as opposed to sitting on cash and letting it inflate. That is that $10k in your bank won't buy the same amount of gasoline or land in 10 years, but convert it to gold, wait 10 years, convert it back and you lose a LOT less value.
luccaskunk Says:
Jul 30, 2009 - now, when I say "inflation proof", I'm *not* saying that it is very literally completely, 100% resistant to inflation... it's just the inflation is so miniscule because gold is so rare that the amount that gets mined is so small that in your entire lifetime, you're unlikely to notice any inflation.
TheMetalPerson Says:
Aug 18, 2009 - a LOT of people buy on ebay. there are a lot of transactions on ebay as well.
IRASelfDirected Says:
Sep 4, 2009 - Actually buying gold is generally a sound investment. Of course, you always want to make sure you do your homework before you make any investment. Plus if you have a Self Directed IRA--you can purchase the gold with your IRA $.
Tamryn69 Says:
Sep 13, 2009 - DISCUSS GOLD HERE GOLDVSFRN . COM-munity FREE NON-PROFIT SITE
golfdu222 Says:
Dec 4, 2009 - don't buy it. it will burn you in the end if you didn't get in before it reached 900 an oz, don't buy gold shares for sure. Way too many sheep buying gold. Friday dec. 04 dropped 52 dollars in one day.
mcdonalds411 Says:
Dec 16, 2009 - I like the way you think. Im surprised more people dont see this considering gold is at a historically high price. If you have some time and would like to discuss this matter or any economic matter any more feel free to drop me a line.
DillonX Says:
Dec 16, 2009 - This was informative, but he left out a very important factor. You must take physical possession & you MUST have it tested. So much gold today is merely tungsten that's been gold plated. Don't be a sucker - HAVE IT TESTED BY A PROFESSIONAL - you can't test just by looking at it or weighing it.
mininginvestmentperu Says:
Jan 2, 2010 - Dear friend very interesting exhibition on her gold, I inform you that Peru is the first in Latin America and fifth in the world, in terms of extraction, refining and export of gold, with investment of Peruvian businessmen and other parts of the globe. The protection to the crisis, is to diversify by investing in gold mining. For information on investment in gold mining projects and other minerals in Peru call: 511-999632950 Mr. Diaz Cieza
OilTradingAcademy Says:
Jan 3, 2010 - Why not take life by the reins and make money everyday from the comfort of your own home trading oil with me, watching my trades in real-time, and being able to profit from them. Take a look at my website within my profile or Google "Oil Trading Academy" and let me show you what I can do for you. David
GrooveSafari Says:
Jan 5, 2010 - Search "Gold Scam" on Krustbox. com
cabgt Says:
Jan 28, 2010 - Disagree. The sheep invest in shares and fiat currency. Gold is proven the most stable investment. It has done well for centuries and centuries. The most stable economies in history were those backed by gold. Fiat currency/paper money economies collapse, bust etc and can be easily manipulated (more volatile). Gold is an excellent insurance. I take physical ownership. Study money and the history of money and gold. A good place to start is the book; "The Creature from Jekyll Island" E Griffin
11335569 Says:
Feb 6, 2010 - um, yes you, you take the volume of the piece divided by weight, and you get your answer, gold has a specific weight, math doesnt lie, and you cant fake a specific weight per volume.
Omega3chimp Says:
Feb 10, 2010 - i don't get it how do you make profit by buying a bunch of gold and putting it in a safe?
michabella22 Says:
Feb 12, 2010 - BIRDDOG ALERT: I'm offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That's $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I'll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
jt193024904 Says:
Feb 12, 2010 - BIRDDOG ALERT: I'm offering 1% finders fee on my 63 unit apartment for sale in Thunderbay Ontario. That's $22,500.00 in your pocket if you bring the buyer to the table. This is no joke. It will be a win win situation if I can sell my building so please try and find me a buyer and I'll gladly pay you 1% of the purchase price which amounts to 22.5k. Please email this to all your friends who might need money. Details at: mshinvestments(.)com
ebonyrocket Says:
Feb 23, 2010 - I Want the quote for 1 kilo gold bar in usa dollar from Ghana
Jazzeerun Says:
Feb 25, 2010 - Great unbiased video. Thanks for the uncommercialized video.
nismoracer15 Says:
Feb 28, 2010 - Because you can sell it 10 years down the road and make serious profit numb-nuts. Over the last decade, gold value increased by over 200%
Tommyfmx Says:
Mar 7, 2010 - @Omega3chimp You don't make profit, you just maintain your purchasing power, which is currently being drain from the fiat currencies because the central banks are printing too much money around the world, specially the FED.
PairoftheSocks Says:
Jul 15, 2009 - Your betting on the fact that our national debt will deleverage with it. It will not and social security will fall apart as well. The government will not let itself deleverage. It will print money at an ever growing rate. This is not the 1930's where the government is restrained by a partialy intact gold standard. DO NOT put your money into cash. Just because we have mass deleveraging does not mean our money supply is shrinking. It is not, it is actualy growing, real dollars are losing value.