Home > Macro Trends, Market View > Is gold the next best investment?

Is gold the next best investment?

Thursday, September 3, 2009 Leave a comment Go to comments

For those who have been reading this blog for sometime now, I have been recommending to buy Gold from a slightly longer term perspective. Finally gold is beginning to move up and is nearing $1000/ounce. This might be just beginning of big bull run in gold. Allocate some part of your portfolio to this precious commodity. One good option is to buy Gold ETF on the stock market.

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  1. arun manudhane
    Saturday, September 26, 2009 at 4:02 am

    Sir I have started accumulating GOLD from 5500/- per 10 grs & ended my investment at 12500 /- Now i m waitng 1 st April 2010 to dispose off my investment approximately at Rs 23000/- per 10 grms. Huge profit . Silver started accumulating at 7500/- per kg level & ended at 26500/- per kg . waitng to sell at 35000/- per kg in next Dipawali 2010

    • Saturday, September 26, 2009 at 6:35 am

      Commodities are going to be much better investments that equities in the coming years.

  2. frank
    Tuesday, September 8, 2009 at 1:37 pm

    thanks..il check it out

  3. Sunday, September 6, 2009 at 11:34 pm

    Hi.. As u said that Gold can be bought in Indian stock markets, I searched for it through ABN AMRO Broking.. But I couldn’t find anything like that.. could you please make me much clear as how to but it..

    Thanks in advance..

    • sagecapital
      Monday, September 7, 2009 at 8:35 am

      Search for UTI gold ETF or Kotak Gold ETF or Reliance Gold ETF. Check nse-india.com to get the complete list of ETFs.

  4. frank
    Friday, September 4, 2009 at 7:18 pm

    hey .good blog ..use dto follow ur stuff in 2007 ..then sorta drifted off/
    can i tell my broker to only get me Gold Etfs..and will it show in my holdings liek my other stocks..
    2nd question .i have an a/c with MOSL.tho not a tradinf one ..im a long/medium term investor .
    can i buy US listed stocks like Google etc with any broker and also crude futures?
    tks
    Frank

    • sagecapital
      Sunday, September 6, 2009 at 1:53 pm

      You can buy internations stocks using “interactive brokers”. Check their website and their Mumbai based branch for Indian customers. Gold ETF is available on Indian stock exchanges. or you can buy into Gold funds.

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