Gold bullion is physical gold that for investment purposes can come in the form of gold bars, gold coins (unless you collect them as a hobby) or certificates representing an interest in gold bullion.
At TSI Network, we generally advise against investing directly in gold bullion. Unlike stocks, commodity investments such as gold bullion do not generate income. Instead, gold bullion investments entail costs that dramatically eat into your returns. For example, gold bullion and gold coins cost you money for insurance, storage fees and so on.
However, if you want to own gold bullion, there are easy and low cost ways to do it. Look into investments like SPDR Gold Trust (symbol GLD on Nasdaq). SPDR Gold Trust is an investment trust that aims to reflect the performance of the price of gold bullion, less the trust’s costs. Its sole assets are gold bullion and, from time to time, cash. SPDR Gold Trust’s expenses are just 0.4% of its assets per year.
The 2005 Canadian federal budget made investment-grade gold and silver coins, as well as gold or silver bullion bars, eligible to be held in a registered retirement savings plan (RRSP).
In summary, we see gold bullion as an impractical way to invest in gold. We think investors would do far better to invest in shares of gold mining companies than gold bullion bars. And overall, for the best investment returns, you should follow TSI Network and use our three-part Successful Investor strategy:
Discover how to make the most of your copper investments in this free special report, Gold Mining: How to Choose the Best Stocks and ETFs to Profit from the Reconstruction of Japan, from TSI Network.
Lower costs and the sale of a niobium mine in Quebec, combined with higher gold prices, have boosted revenues and cash flows for one of our leading buys among Canadian junior gold stocks.
IAMGOLD (Toronto symbol IMG; www.iamgold.com) owns 41% of the Sadiola mine in… Read More
IAMGOLD $5.07 (Toronto symbol IMG; TSINetwork Rating: Speculative) (1-888-464-9999; www.iamgold.com; Shares outstanding: 450.7 million; Market cap: $2.2 billion; No dividends paid) owns 41% of the Sadiola mine in Mali; 90% of the Essakane mine in Burkina Faso; 100% of the Westwood mine in Quebec; and… Read More
The inside scoop on successfully investing in precious metals like silver and gold.
Investing in precious metals is very attractive to many mining stock investors. That’s in addition to investments in companies that produce or explore for other minerals, such as uranium, coal, molybdenum… Read More
We’ve been asked, “Is gold a good investment?” and we always give investors this answer.
Is gold a good investment? It can be, but we recommend that you stick with shares of gold-mining firms when investing in gold and you’ll find it’s… Read More
Generally, we recommend that you focus your gold investing on mining stocks and avoid buying gold bullion, gold coins. These are two ETFs that offer top-quality global miners and low MERs.
In 2011, gold shot up to a high of $1,950 U.S…. Read More
There’s no limit to the range of gold investment questions that members of Pat McKeough’s Inner Circle–although the answers in May 2016 are consistent with those we offered a decade ago. Here’s one recent question from an Inner Circle member.
He wanted to know if there is… Read More
IAMGOLD $3.72 (Toronto symbol IMG; TSINetwork Rating: Speculative) (1-888-464-9999; www.iamgold.com; Shares outstanding: 405.9 million; Market cap: $1.5 billion; No dividends paid) owns 41% of the Sadiola mine in Mali; 90% of the Essakane mine in Burkina Faso; 100% of the Westwood mine in Quebec; and… Read More
YAMANA GOLD $5.43 (Toronto symbol YRI; TSINetwork Rating: Speculative) (416-815-0220; www. yamana.com; Shares outstanding: 947.2 million; Market cap: $5.3 billion; Dividend yield: 0.5%) owns and operates 10 gold mines in Canada, Mexico, Brazil, Chile and Argentina. It also holds a 12.5% stake in the Alumbrera… Read More
Gold mining stocks are the best investments for investors looking to hold gold in their portfolios.
At TSI network we recommend that you focus your gold investing on gold mining stocks, and avoid buying gold bullion, gold coins (unless you collect them as a.. Read More
Here’s an email I received recently from one of our portfolio management clients. Lots of readers may find something they can identify with in his views.
“Subject: cashless society
Good morning Pat,
After reading an article that said that 93% of all monetary transactions in the U.S. are… Read More
Learn everything you need to know in 'Juniors to Giants: The Complete Guide to Mining Stocks' FREE Special Report from The Successful Investor.
Best Canadian Mining Stocks TSX:
Plus Gold Stocks, Canadian Diamond Mines and more.
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