mutual fund named street track gold or something similar?
January 14, 2011 by
Filed under Silver Investment FAQ
investment where i can buy gold or silver by the ounce.
January 14, 2011 by
Filed under Silver Investment FAQ
investment where i can buy gold or silver by the ounce.
To trade gold by the ounce:
streetTRACKS Gold Trust ETF
Symbol is GLD on the New York Stock Exchange.
One stock is priced equal to 1/10th of an ounce of gold
This is a stock, not a mutual fund
There is also iShares Silver Trust, SLV on the AMEX
It is an ETF.
Why would you buy gold at these prices? I would get into consumer discretionary or financials, as they have been hit the hardest.