Nick Flamel

Should You Trade Gold Futures?

Quick answer: Probably not. But let’s put the pros and cons under the microscope. The gold market can be played in a number of ways. You can buy gold bullion bars or coins. You can buy shares in gold funds – including exchange-traded funds (ETFs). There are gold mining and processing stocks which benefit to varying degrees from higher gold prices. And there are other forms of “paper” ownership of... (posted by Nick 1 year 35 days ago.)

Gold Weights and Measures

Determining the value of a piece of gold can be tricky. First, how much does the metal weigh? While the price of gold is normally quoted in dollars per troy ounce , large inventories are usually reported in metric tons – a completely different scale of measure. And neither weight matches the avoirdupois system which is used to weigh people and almost everything else in the United States. So, how much is your 18k gold... (posted by Nick 1 year 35 days ago.)

Good and Bad Ways to Buy Gold

Gold is going higher! The Dollar will soon be worthless! Every other television commercial seems to scream that gold – and gold alone – will secure your financial future. Maybe the warnings are sound. At the very least, gold represents a diversification from the stock, bond and real estate holdings found in a typical portfolio. But what’s a would-be gold owner to do? Buy a gold coin on EBay? Open a... (posted by Nick 1 year 35 days ago.)

Gold in Your IRA? Read This First!

You can own precious metals in any type of IRA and diversify your financial assets while sheltering them from taxation. Diversification and a tax shelter are both good things, as any gold broker will be happy to point out. But before you reach for the phone – or mouse – you should understand a few key points that sometimes get lost in the fine print. 1. No Collectibles. The tax code is all about... (posted by Nick 1 year 35 days ago.)

Income From Gold

Gold is not an investment, because it doesn’t generate any income - no interest and no dividends. Potential price appreciation doesn’t count because the price could just as easily fall. Gold is only an investment for the fearful and those who are too dumb to notice that their gold is not writing them any checks. If you own gold (or silver); and if you believe it to be a valid way to diversify your portfolio, you have... (posted by Nick 1 year 35 days ago.)

The Facts on Gold

Gold is a hot topic. China is buying it and TV pitchmen are selling it. The Tea Party – and a growing number of economists – are calling for a return to a gold currency standard. Gold has largely replaced Tupperware at home sales parties and record gold prices are regularly making news. What’s all the excitement about? Gold is an Element , atomic number 79 and chemical symbol Au. It is further classified as a... (posted by Nick 1 year 35 days ago.)