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RE: Discussion! If you had 1000 dollars to invest in only 4 coins....
Is it possible to buy virtual gold or a sort of "surrogate gold" that someone else holds? Maybe a currency that's somehow tagged to Gold?
Sorry if that's a dumb question.
The only dumb questions is the one that is not asked. Check out Goldmoney.com. I haven't invested yet, but it just merged with Peter Schiff's gold company and I think it looks promising. I'd hold some physical, some digital in Goldmoney potentially, and definitely avoid ETFs. Most importantly, do your research, understand gold very well, and then do whatever you're comfortable with and can afford to hold long term.
Thanks for that detailed reply. Very interesting stuff. I'll be sure to check out Goldmoney.com Actually doing that right now!