Gold, Metals and other commodities

pocketdooz

As a hedge against inflation - been thinking about accumulating a position in Gold, Silver and some commodities.

Is there anyone on here who knows the best way to invest?

ETF's / ETN's or any other ideas?

Not interested in spread betting but slowly building a position as a bet against the USD and an inflation hedge.

Thanks

displaced dub

pocketdooz wrote: »

As a hedge against inflation - been thinking about accumulating a position in Gold, Silver and some commodities.

Is there anyone on here who knows the best way to invest?

ETF's / ETN's or any other ideas?

Not interested in spread betting but slowly building a position as a bet against the USD and an inflation hedge.

Thanks

Brave man betting against the dollar, are you moving all your funds into gold?

pocketdooz

displaced dub wrote: »

Brave man betting against the dollar, are you moving all your funds into gold?

Long term, the dollar is in terminal decline. The US government has two choices to deal with its debt, off balance sheet debt (Fannie and Freddie) and its unfunded commitments. Default or print money. Once rates rise inflation wont be far behind thus debasing the USD.

Long-term I'd be bearish on the USD and bullish on Gold. Won't be doing anything drastic but over next 2/3 years will be trying to diversify away from fixed coupon USD bonds and the USD itself and into other assets.

I'd be long Asia, Latin America and the natural resource rich nations of the Mid East (Abu Dhabi, Qatar etc.) over the next few years. Just not 100% sure how to play it yet.

ixus

The guys on Greenenergyinvestors fourm are top notch IMHO.

THey will probably say purchase physical gold and silver.

willietherock

I've been doing a bit of research on gold and came across some of the following

ETFS PHYSICAL GOLD (PHAU) on LSE which tracks the price of gold rather than equity portfolio.
ETFX DAXglobal Gold Mining Fund - Shares (AUCO.I)is listed on the ISEQ

The Perth Mint Certificate Programme as an alternative to equities.

iShares Silver Trust ETF (SLV) NYSE

Bullish

UDN is a bearish Dollar ETF, I would not hold an ETF for a long time period (just my opinion due to decay)
GLD etf for Gold
SLV etf for silver
ZSL reverse etf silver

silverharp

Apart from a core physical gold position I've been in and out of gold companies. I must say I think the "dollar is going to hell" is a bit overdone. That being said I think the real game over the next few year will be gold stocks in particular smaller companies and near term producers. It is still a hard market to trade and you have to watch out for the bouts of deleveraging that are bound to occur.
I'm playing this from a deflation standpoint, but even deflationists cant agree that gold is a great investment. You have analysts like Prechter who think everything will drop against the dollar, but there is a good case for gold in a deflation given that there will be currency and debt problems which will be bullish for gold.