Gold market

It's your hard earned money. So when you are looking to invest you want to make the most money po...  More »

It's your hard earned money. So when you are looking to invest you want to make the most money possible. Lately people have been buying gold... Commercials are everywhere telling you the best places to buy. But Brad Feldman asks, what do you need to know before buying. This is yours - For eleven hundred dollars. (Larry Schneider/ Bismarck Gold & Silver Exchange) "The most popular coin to come out in the last several years has been the new gold bison coin that the us mint has made. They started in 2006. Very Popular with the public and limited edition." Then again, just about anything gold is popular. A main reason...It's stable. (Larry Schneider/ Bismarck Gold & Silver Exchange) "We are seeing a lot of new investors in the gold and silver market." The price of gold is shooting up. Todays gold is selling for one thousand thirty dollars an ounce...Last year at this time, gold prices were about seven hundred fifty-dollars an ounce. (Larry Schneider/ Bismarck Gold & Silver Exchange) "When you buy something you always want to have in the back of your mind what do you want to do or where do you want to go when you want to sell the product." Schneider says gold coins, like this one, made by the government can be traded easily...but if you want to avoid the physical gold product... (Sound - stock market) Trading on the market is the next best option. Eugene Grainer with Heartland Investor Services says you have three options...which one you choose depends on the risks you are willing to take. (Eugene Graner/ Heartland Investor Services) "When you buy into the futures market you are buying with leverage kinnd of like leasing the product you put a small amount down but you are responsible for one hundred percent of the gain and or the loss. So if you lose more than you put down you will have to come up with the difference." Graner says the easiest way to invest in gold is what is called an option... (Eugene Graner/ Heartland Investor Services) "Options are like and insurance policy with a time limit so when you buy the option you are banking that the market will go up in a defined period of time so if the markket does not go up in that period of time you lose what you paid for the option." Whether you decide to go with paper investment ...or the actual physical investment..chances are the market will turn your money to gold. Brad Feldman KX News Schneider says another metal getting a lot of interest is silver. He says it is much cheaper than gold and takes a little longer to get big returns.  « Less