Archive for November, 2006
November 28th, 2006 | 
Author: visionvictory asked:
Depression dollar backed by gold, silver, and a production nation. 2009 Depression, dollar backed by printing press and Visa nation.
Concepcion Hounshell
“Gold is a wonderful thing! Whoever possesses it is lord of all he
Wants. By means of gold one can even get souls into Paradise.”
Columbus, letter from Jamaica, 1503
Gold is one of the good investment avenues open for many reasons.
Why one should invest in gold?
The uncertainty in world markets, particularly the US economy and the weakening of US Dollar against world currencies coupled with phenomenal rise in Oil prices, cascading price rise and inflationary trends – all these point to the need for strong world currency and that is the yellow metal- “” THE GOLD””. The Bullion has its own Standard. Besides, Gold is said to have sentimental values particularly in the Asian countries. Over time, Gold has proved to be an excellent preserver of wealth.
Gold has maintained its value in terms of real purchasing power in the very long run in all the countries especially in the US, Britain, France, Germany and Japan. Despite price fluctuations, gold has consistently retained its historic purchasing power parity with other commodities and intermediate products.
Gold traded mutual funds are the answer for people who want to invest in gold without the real difficulties of gold holding. For example, to buy gold for investment, one has to spend time to verify its weight, purity (particularly in third world countries) quality & other aspects. After all these, the problem of safe- keeping hovers over one’s head. Now Gold Traded Mutual Funds offer all the benefits of investment in gold without any of the above physical difficulties. Gold’s liquidity, acceptability and portability are particularly important in times of need. In essence, all these benefits are retained & rendered by Gold Traded Mutual Funds.
How these Gold Traded Mutual Funds operate?
They accept funds from public and buy 100% pure assayed gold. They issue unit certificate to the public for each gram of gold invested by them. For example, if one wants to buy 100 gram of gold, one has to buy 100 units from the Mutual Fund. The price of each unit depends on the price of gold ruling on any given day.
This investment can be kept in paper or in a demat account. These units can be surrendered to the fund and gold bars can be obtained in return (if required).
How the Fund repays in gold bars?
All the gold bought by the Fund is deposited with a custodian- usually a reputed banker- for safe keeping in their safe vaults. Once the fund units are surrendered, the Fund authorizes the banker/ custodian to release the gold bars.
So this helps the investor to get back gold or retain the deposit in gold (investor’s choice). Since these gold units are traded in the market, anybody can sell these units easily in the market at the price prevailing on that day. One need not search for a buyer as in the case of selling physical gold.
Gold Traded Mutual Fund offers all the benefits of investment in gold without its physical difficulties. The major advantages of these funds are:
· Safety
· Liquidity
· Convertibility to physical gold
This is one area that an investor can look forward to invest. However there are many more alternatives to invest. To know about investing in mutual funds visit Investing in Mutual Funds and to get an idea as to how mutual funds work visit Mutual Funds. Also visit Exchange Traded Funds to know about exchange traded funds
By: Dilip
About the Author:
Wants. By means of gold one can even get souls into Paradise.”
Columbus, letter from Jamaica, 1503
Gold is one of the good investment avenues open for many reasons.
Why one should invest in gold?
The uncertainty in world markets, particularly the US economy and the weakening of US Dollar against world currencies coupled with phenomenal rise in Oil prices, cascading price rise and inflationary trends – all these point to the need for strong world currency and that is the yellow metal- “” THE GOLD””. The Bullion has its own Standard. Besides, Gold is said to have sentimental values particularly in the Asian countries. Over time, Gold has proved to be an excellent preserver of wealth.
Gold has maintained its value in terms of real purchasing power in the very long run in all the countries especially in the US, Britain, France, Germany and Japan. Despite price fluctuations, gold has consistently retained its historic purchasing power parity with other commodities and intermediate products.
Gold traded mutual funds are the answer for people who want to invest in gold without the real difficulties of gold holding. For example, to buy gold for investment, one has to spend time to verify its weight, purity (particularly in third world countries) quality & other aspects. After all these, the problem of safe- keeping hovers over one’s head. Now Gold Traded Mutual Funds offer all the benefits of investment in gold without any of the above physical difficulties. Gold’s liquidity, acceptability and portability are particularly important in times of need. In essence, all these benefits are retained & rendered by Gold Traded Mutual Funds.
How these Gold Traded Mutual Funds operate?
They accept funds from public and buy 100% pure assayed gold. They issue unit certificate to the public for each gram of gold invested by them. For example, if one wants to buy 100 gram of gold, one has to buy 100 units from the Mutual Fund. The price of each unit depends on the price of gold ruling on any given day.
This investment can be kept in paper or in a demat account. These units can be surrendered to the fund and gold bars can be obtained in return (if required).
How the Fund repays in gold bars?
All the gold bought by the Fund is deposited with a custodian- usually a reputed banker- for safe keeping in their safe vaults. Once the fund units are surrendered, the Fund authorizes the banker/ custodian to release the gold bars.
So this helps the investor to get back gold or retain the deposit in gold (investor’s choice). Since these gold units are traded in the market, anybody can sell these units easily in the market at the price prevailing on that day. One need not search for a buyer as in the case of selling physical gold.
Gold Traded Mutual Fund offers all the benefits of investment in gold without its physical difficulties. The major advantages of these funds are:
· Safety
· Liquidity
· Convertibility to physical gold
This is one area that an investor can look forward to invest. However there are many more alternatives to invest. To know about investing in mutual funds visit Investing in Mutual Funds and to get an idea as to how mutual funds work visit Mutual Funds. Also visit Exchange Traded Funds to know about exchange traded funds
By: Dilip
About the Author:
Dilip Mohan, young & dynamic has had exposure divergent fields- from astronomy to wireless local loop. He has a flair for finance with an MBA degree in a reputed institute and paternal banking background. To check out his website click www.mutualfundforu.com To know about his other works visit Mutual Funds and Exchange”>http://www.mutualfundforu.com/exchange_traded_funds.html”>Exchange Traded Funds
Joella Vlchek
Posted in Investing | 
Tags: Price Fluctuations, Third World Countries, World Currency | 
No Comments »
frozen555 asked:
I looked at the options chain on GLD, and I saw no options. Why is that? Is it possible to buy gold options at all? Where should I look?
Edmundo Colina
I looked at the options chain on GLD, and I saw no options. Why is that? Is it possible to buy gold options at all? Where should I look?
Edmundo Colina
In an ideal world, everyone would be able to buy a new car in their preferred color, brand, make and model. Unfortunately, many people lack the resources to do that so they resort to buying a used and cheap car instead. If you are buying online, what should you be aware of?
One important reason is that it is convenient. Some websites act as one-stop shops that not only sell used and cheap cars, but they also supply vehicle parts and accessories, sell car insurance, or may even help you secure inexpensive loans so you can buy your used and cheap car. If you are like many people who lack the time and energy to visit used car lots everyday before you can get a good deal, looking for a used and cheap car online sounds like a good option.
However, visiting used car lots in real-time has an advantage over online services – at least you get to see the real car as it really is, and may even get to test it out while you’re there. When you use online services, you have to take the dealer’s word for it that a) the vehicle in the website picture gallery is the one you will actually be buying, b) that it is functional and in good condition, and c) that the dealer won’t pull a fast one and raise the price while you are waiting for confirmation of your order. Unfortunately, used car dealers are just as human as the rest of us, so it shouldn’t surprise you that a few bad eggs come with the batch.
The advantage though of going online to find a used and cheap car that fits your specifications is that you may be able to visit many websites within one day. You get to examine their quotations, terms and conditions, and the specifications of each vehicle in less time than would be actually consumed if you were driving from used-car lot to used-car lot. So either way, you see that there is a trade-off that comes with either option.
Another advantage that many people love about shopping on the Internet is that they may do more in-depth research about a) the car that they want, and b) the used-car dealer operating on the Internet. If the dealer doesn’t have the information you want on his website, there are many people who offer that information for free on their personal websites. You might even want to consult personal blogs and news forums, where the car-loving Internet community post their opinions about cars (both new and used), car prices, and dealers of all hues and stripes. If you ask around the online world, somewhere somehow you will probably find someone who can help you understand more about the transaction you are entering into.
The basic rule of thumb then which applies to buying a used and cheap car online (or even in real-time) is: always take the dealer’s claims with a grain of salt. If you don’t consider yourself an expert on used and cheap cars, find someone who is and get information from him. That should help you avoid a lot of pitfalls along the way.
By: Dan Gold
About the Author:
One important reason is that it is convenient. Some websites act as one-stop shops that not only sell used and cheap cars, but they also supply vehicle parts and accessories, sell car insurance, or may even help you secure inexpensive loans so you can buy your used and cheap car. If you are like many people who lack the time and energy to visit used car lots everyday before you can get a good deal, looking for a used and cheap car online sounds like a good option.
However, visiting used car lots in real-time has an advantage over online services – at least you get to see the real car as it really is, and may even get to test it out while you’re there. When you use online services, you have to take the dealer’s word for it that a) the vehicle in the website picture gallery is the one you will actually be buying, b) that it is functional and in good condition, and c) that the dealer won’t pull a fast one and raise the price while you are waiting for confirmation of your order. Unfortunately, used car dealers are just as human as the rest of us, so it shouldn’t surprise you that a few bad eggs come with the batch.
The advantage though of going online to find a used and cheap car that fits your specifications is that you may be able to visit many websites within one day. You get to examine their quotations, terms and conditions, and the specifications of each vehicle in less time than would be actually consumed if you were driving from used-car lot to used-car lot. So either way, you see that there is a trade-off that comes with either option.
Another advantage that many people love about shopping on the Internet is that they may do more in-depth research about a) the car that they want, and b) the used-car dealer operating on the Internet. If the dealer doesn’t have the information you want on his website, there are many people who offer that information for free on their personal websites. You might even want to consult personal blogs and news forums, where the car-loving Internet community post their opinions about cars (both new and used), car prices, and dealers of all hues and stripes. If you ask around the online world, somewhere somehow you will probably find someone who can help you understand more about the transaction you are entering into.
The basic rule of thumb then which applies to buying a used and cheap car online (or even in real-time) is: always take the dealer’s claims with a grain of salt. If you don’t consider yourself an expert on used and cheap cars, find someone who is and get information from him. That should help you avoid a lot of pitfalls along the way.
By: Dan Gold
About the Author:
Looking for Used Cars Online can really save you heaps of time and cash, through the effective ways of locating the best deals at http://www.a1ebaymotors.com
Florentino Salsberg