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The 5 Biggest Myths About Investing in Gold and Silver

Gold prices are rallying and in light of uncertainty in the markets and globally, it could be a good time to invest in the relatively safe precious metal — or companies that deal with it, like Yamana Gold (AUY)Barrick Gold (ABX) and Goldcorp (GG), which all rallied yesterday on the news of higher gold price.

Another way to get exposure, outside of buying the stuff and individual companies, is to buy one of the many gold exchange-traded funds, like the SPDR Gold Trust (GLD).

To get you ready for jumping into the market, here are some myths about investing in gold and silver — and why they just aren’t true.


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