Q: How can I get started investing in physical gold and silver? | Gold ...

Q&A: How can I get started investing in physical gold and silver?

I?m 15 and would like to start investing in gold and silver because the dollar seems to keep going down and down and I think it would be wise to get started now. I have a couple of silver dollars from 1803 but I would like to get gold and silver bullion coins and when I have enough money start buying the bars. I do not wish to buy online so would going to different coin shops be ok??
Thank You=]

Goldsenze Answer:

One of the easiest ways to invest in gold is through an exchange-traded fund, exchange-traded-fund-etf or ETF for short.

Two examples of ETFs that simply buy, store, and insure physical gold are StreetTracks Gold Shares (which is traded on the New York Stock Exchange under the ticker symbol GLD) and iShares Comex Gold Trust (which is traded on the American Stock Exchange under the ticker symbol IAU).

Another relatively easy, but indirect way to invest in gold is through a mutual fund or ETF that owns precious metal-related companies.

Here is a link to a Web page that lists top performing precious metal funds.

http://biz.yahoo.com/p/tops/sp.html

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