Cash Advance Type - GOLD RUSH: It's on - for now - Fort Wayne Journal Gazette
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Jerry Harms, a senior portfolio manager with Wells Fargo in Fort Wayne, said investors should hold the line at putting 5 percent of their holdings into mutual funds that invest in commodities, including gold. You can buy individual hunks of the metal, but many investors prefer to make gold part of their portfolios by buying stocks of companies in the gold industry or mutual funds that hold numerous commodities, including corn, cotton, wool, soybeans, cattle, zinc, lead, copper, natural gas and gold. In Harms’ opinion, the worst way to invest in gold would be to buy gold bars and store them in a safe deposit box. Also on Wednesday, the store was charging $885 for a 1-ounce South African gold Krugerrand and $900 for a 1-ounce Canadian maple leaf gold coin. read more
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Sunday, January 20th, 2008 at 3:52 pm
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