The price of gold has advanced more than 100% is less than a year. Is this a time to buy or sell?

As you know gold comes in many forms. Gold bars, gold coins, gold mining stocks, Exchange Traded Funds (ETFs) and gold mutual funds. Lots of gold bars are at the U.S. Mint. These come in various sizes and the biggest drawback is resale because they have to be re-assayed for purity content.

Gold coins are minted by many governments including our own. They all have approximately one ounce of gold, but may be of different carat purity. There are American Eagles, South African Krugerands, Austrian Philharmonics, Chinese Pandas, Canadian Maple Leafs, Australian Kangaroos and on and on. Almost all stamped in one ounce coins and many are available in 1/10 ounce size. These can be bought and sold at any legitimate coin shop with a bid and offer differential of less than 5%.

Price of gold fluctuates daily as it is traded on a supply and demand basis. There is not a single major currency in the world in which gold has not seen a price rise. That is why gold is going up and that is why gold has not seen its highest price yet.

Let