Adam Hewison, President of INO.com, recently created a video with commentary about the current state of the gold market.
Click here to watch the video...
A couple of interesting notes about the information presented in the video:
- Gold could continue to trend up because the dollar index is down
- The price of gold has more than doubled in the past five years
According to Investopedia, generally speaking, there are three ways that investors can invest in gold:
- Purchase gold in its physical form via gold coins or buillon
- Purchase an ETF (Exchange Traded Funds) that replicates the price of gold
- Trade futures and options in the commodities market
Here's an interesting article that elaborates on that thought: Investors are turning to gold but should you believe the hype?
Photo Credit: Giorgio Monteforti
