Gold...Game On!

Gold is selling at all-time high prices. On Thursday, the yellow metal hit $1,061 per ounce.

Why has Gold spiked now? The fundamental explanation is that the Oil producing countries, along with China, Russia and Japan want to stop selling Oil in U.S. Dollars. However, this has been vigorously denied.

Technically, this is the third time in the last 2 years Gold has gone over $1,000. Further, Gold has been rising steadily since 2001 when it sold for just $253/ounce. How can investors profit from this trend? There are several choices:

• Buy the Gold ETF (GLD) which tracks the metal's price.
• Buy Gold mining companies like Barrick Gold (ABX) and Newmont Mining (NEM).
• Buy the Gold Mining ETF (GDX) that buys a basket of Gold, Silver, and Platinum mining stocks.

For more information on how to profit without actually owning Gold, Adam Hewiston has created a 2-minute free video which explains the relationship between Gold the metal and GLD the Exchange traded Fund (ETF).

Watch the Video and Profit from the Rise in Gold

Trading Tip: Wait for a small correction (3-5 percent) in the price of gold before buying gold stocks. Gold is volatile and prices can quickly reverse.

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