Q: Peter; My 25 year old granddaughter is interested in buying gold- she’s a CA already and is now working in M&A with an accounting firm. Any suggestions as to how to “ buy” gold for her age and time frame would be appreciated. Thanks.
Rod
Rod
5i Research Answer:
For gold bullion, we would suggest PHYS. We like its structure and set up and it does not lend out its gold. For stocks, we would consider a mix of miners/producers of gold. Names to consider would be GDX (Gold miners), and GDXJ (Junior gold miners).