As people learn more and more about the world, something starts to happen. Things become a bit more transparent than they used to be. People are getting smart and it’s getting increasingly difficult to “pull the wool” if you know what I mean.

This morning, I came across an article called, “Gold Doesn’t Lie” and started to read it. As I got into the article, I was quite impressed. Finally there was a legitimate website displaying the importance of gold. Usually the main stream media like to bash the yellow stuff. I can go either way. I am not into gold so its value doesn’t bother me too much, but it’s entertaining to read about it.

As I got to the bottom of the article, the “Ah ha” moment fell upon me. There was a line that read, “One of the easiest ways to participate in the advance of gold prices is through either the gold exchange traded fund, the SPDR Gold Trust ETF(GLD)…” The next line talked about buying gold through options. Hmmm…that’s when I became suspicious. The pitch.

From what I have read in passing online articles, purchasing GLD is a good idea if you want to actively trade in gold. It’s not something to do long term. From what I gather, some people are suggesting that the fund is not exactly backed by the physical metal. I am no where near expert level, so I couldn’t tell you either way. People much smarter than me suggest that if you want to really invest in gold for the long term, you should purchase gold bullion. The problem is, it’s getting really expensive.

I am basically writing this post to point out another article that may be somewhat of a sales job more than something that would educate you. While it does a good job of explaining the importance of gold and how gold is more difficult to manipulate than fiat currency, it doesn’t offer a full picture of the wide array of investment options for someone who may be interested in getting involved with the gold bull.

Questions, comments and corrections are always welcome.

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