Re: Will the price of GOLD hit $500 before the end of the year?
dumb question, but how exactly do i buy gold?
As sniper said you can buy gold futures but futures have large variance. Buying physical gold has a large transaction cost so it's not a good idea unless you want to hold on to it for a long time (unless you're part of an anti government militia).
A longer term approach would be to buy gold mining stocks Also, this way and you can get an extra edge if you're good at picking stocks. However the correlation of gold/stock price movement will not be perfect in this case.
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