Buy Gold Or Not? | Ramblings of an e-trader

Friday 24 June 2011

Buy Gold Or Not?

My mother, who is a coin collector, told me that an article on WSJ says Buy Gold and she wonders if she should start buying gold coin now.

I have no knowledge on coins, especially gold coins but I have asked a friend who said the he is buying gold through United States Gold Bureau and it is indeed a good time to do it now, despite the high price of gold that has continued to increase over the past few years.

What about gold coins? Perhaps I should just ask my mother to forget about gold coins and just buy gold bullion? That would surely be more profitable in the near future.

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