USA:From being Leader to Dealer American people have stopped to have leadership. I felt something sad, but it’s okay. USA country turned from leader to dealer. Some American wanted to make America great again.(MAGA) The world NEVER makes America great again.(NMAGA)
2018/8/3. Gold: How to invest?
Gold prices is dropping, now $1207/1oz.
Jim Rogers wrote that he wanted to buy gold under $1000/1oz.
I am reading about the book about gold investing.
The author wrote that the mining cost is raising.
Because the gold which mining cost was cheap, is depleted.
Mining cost is $1600/1oz now. And developers is stopping mining
because the market price is lower than it.
So the gold is to invest.
But how?
The author recommends some ways.
1)Bar
2)ETF
3)Coin
Gold bar is expensive and if shop is far, this is difficult. But this is good way.
ETF is easy to buy. But the author cautioned that confirming the ETF is exchangeable to real gold or not.
Coin is easy to buy. But coin’s price includes its design fee. So little expensive to invest.
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