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Commodities Briefing - Categorized | Bullion/Gold, Investment more

Should I buy gold?

Posted on 09 March 2009

From Examiner.com: As an investment, gold shares are highly volatile and prone to periods of inactivity. For example, the First Eagle Gold Fund (symbol SGGDX) is one of the older precious metal mutual funds and has been around since 1993.

It traded at $12/share in December 1993 and lost value until June 2002 when it again crossed the $12/share line. For nine years, an investment in this gold fund yielded $0. It rose as high as $26/share in March 2008 and now trades at $19.67/share….. Full Article: Source


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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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