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The lowest-risk, highest-reward way to play gold now
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Friday, February 20, 2009
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From DailyWealth:

Here in 2009, gold is catching on. What's the right way to play it? Let's size it up the same way we did for the three trades above...

What's the lowest-risk, highest-reward way to play gold now?

This is exactly the moment that you can make a fortune by buying coins even rarer than the Saint Gaudens I recommended in 2003... that means coins grade MS64, MS65, or better. These ultra-rare coins can go up fivefold, sevenfold, even 12-fold in a gold bull market.

Since bottoming in 2001, these rare coins are only up about 100%, according to PCGS (the Professional Coin Grading Service). In other words, ultra-rare gold coins have risen less than the price of gold... so far.

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Topics: Gold | Commodities
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