Comments on: Why Gold Will be the "Greatest Trade Ever"

By: christopher collins

christopher collins — Thu, 30 Sep 2010 16:49:58 +0000

Dear Sirs,

Please can you advise me if MrPaulson has any alert/investment service for primarily his gold fund recommendations or any other services to take advantage of future commodity prices.
Thank you.

By: Dave

Dave — Wed, 09 Jun 2010 11:32:43 +0000

While my neighbors' 401K's have become 201K's,I have doubled my money in gold over the last 4.5 years.
It seems that this bull run is only getting started and that we may double again within a couple years.
Sure,gold can drop a little,but it will never go to zero,while stocks can.
I have no idea how people with 50 or 100 grand in 401K's(stocks) can sleep at night.
I sleep like a baby.

By: distantvoice

distantvoice — Sun, 16 May 2010 06:28:04 +0000

In case anyone is still following this thread, you might want to look into the Sprott Physical Gold Trust ETV (PHYS). The share price is intended to equal 1/10 the price of an ounce of gold.

It launched in March 2010 (at $10.00) and has gone almost straight up to the $12.50 area. One article says it is selling at a 30% premium to NAV. Another article says it maintains a 1:1 ratio meaning that every dollar invested is backed by a dollar of physical gold.

Yet another article says investors in PHYS can choose to take delivery of PHYSical gold bullion. Long term gain tax treatment is supposed to be better than ETFs, too.

Although I mostly trust the various source articles, and I know the Sprott name to be trustworthy, verifying the details may require a long slog through SEC filings. Yahoo! Finance and other sites don't offer much research detail.

So what's an ETV? I'm guessing it's an Exchange Traded Vehicle as opposed to a "typical" fund if there is such a thing. It used to be open-end and closed-end funds. Other kinds of funds keep popping up.

By: Sedinoel Z. Ochidnal

Sedinoel Z. Ochidnal — Tue, 26 Jan 2010 04:22:05 +0000

The best vehicle if you are a Canadian is iShares's XGD.TO (an ETF with a basket of gold miners)

By: distantvoice

distantvoice — Sat, 23 Jan 2010 10:43:30 +0000

James, I'll say it again. Start with $1 million dollars and hold for a year. Or find a derivative that crops up.

Hedge funds like Paulson's only want the big money. Forget Paulson and buy a few gold coins.

By: Piffin

Piffin — Sun, 17 Jan 2010 11:34:11 +0000

IMO, whether central banks are buyin g or selling is only half as important as WHY they are doing so!
Recently banks were doing massive selling in a vain attempt to depress the gold price and bouy up the value of their own false money, even to selling borrowed gold.

India's entry is different and signals confirmation that physical gold has true value rather than desparate manipulative opportunity.

Another example of this point is from over a year ago when gold price was tilting down when the fundamental reasons for it increasing were abundant.
Turned out that hedge funds were selling their gold in desperate attempts to raise cash to save themselves and keep head above water, not because the value of gold was actually depressed.

So understanding WHY that price drop happened confirmed that that was an excellent buying opportunity

By: James

James — Fri, 15 Jan 2010 07:34:44 +0000

ALL I NEED IS A PROCEDURE TO INVEST IN PAULSON'S GOLD FUND

By: Barry Felberg

Barry Felberg — Fri, 15 Jan 2010 02:17:28 +0000

Helga
Are you Dirk's Mother. If so do you have his email?
Regards
Barry

By: debora edholm

debora edholm — Tue, 12 Jan 2010 15:42:48 +0000

Great comment Distant Voice. How clever as I did not think about that but will consider that. We always have to realize the tax consequences of our our investments. Thanks………..

By: B-tard

B-tard — Fri, 08 Jan 2010 20:04:52 +0000

teal deer