So now that gold prices have plunged by 20% in the last month , I wonder if it's about time to get in on the action. Again, I see this is more of a long term investment (as in 30 years from now when the US government defaults on its debt sending world financial markets into complete chaos and marking the end of the American empire. Or maybe I'm just being cynical.)
I have found that one convenient way to trade in gold is through the iShares COMEX Gold Trust ETF (IAU). Unless you kind of dig having gold bullion lying around the house.
I'll add the IAU shares to my hypothetical slush fund.
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