When several billionaires and hedge fund managers like George Soros, Stanley Drunkenmiller, and even Lord Rothschild began purchasing gold in their portfolios, and advocating it for their clients, the lid was fully removed as confirmation of the new precious metal bull market.
But it appears that the next phase is now taking shape for the mainstream's buying into the gold bull rally as stock investment broker Charles Schwab this week suggested to their clients that the time is right to buy physical gold as a key component in their investment portfolios.
A Guide to Investing in Gold
Learn about why gold is considered to be so valuable as well as various vehicles that allow you to hold an interest in gold.
By: Schwab Trading Services
Investors and traders have long held a great fascination with gold. Some of this fascination is no doubt related to the mystique that surrounds the yellow metal. Some of it is also due to the intrinsic value involved in holding a piece of essentially indestructible metal. In any event, due to its unique qualities, gold has long offered investors a one-of-a-kind investment opportunity.
In this guide we will discuss the reasons why this has been, why it remains so, and why gold will remain a unique investment opportunity far into the future. But even more importantly we will also detail a variety of investment vehicles available that can allow you to hold an interest in gold and to participate in bullish and/or bearish price movements in the world’s most renowned precious metal.
The decisions regarding if, when, and how to allocate investment capital to gold are personal ones. The purpose of this guide is not to tell you when or even whether to make such a commitment, nor to tell you which investment vehicle to choose. The goal of this guide is simply to provide you with an understanding of:
1. Reasons why an investment in gold may be right for you.
2. Primary factors that can affect the price of gold.
3. Commonly used investment vehicles for trading gold and their relative advantages and disadvantages. - Charles Schwab letter to clients