Possible Duplicate:
Pros & cons of buying gold directly vs. investing in a gold ETF like GLD, IAU, SGOL?
I’m a new player in this so I hope someone can offer me some suggestions.
I want to invest in gold, maybe buy a small lot of gold coins or bullion. But I’m also thinking of starting a portfolio with gold ETF.
Which would be a better option and why?
Physical gold fees/risks: low liquidity, high transaction costs, storage costs, security risk
ETFs risks: futures basis, ETF solvency, ETF implied costs Gold Futures risks: basis, margin
Risks that apply to both physical/financial metal holdings: economic slowdowns, general market volatilities, opportunity costs, under performance against actual rate of inflation, and etc.
