Best stock to ride next gold rally?

If you plan to hold gold several years, it seems like buying physical is better (to avoid the GLD management fees). This is assuming you can figure out the storage problem.
 
Quote from tandh:

I don't want physical for two reason, 1 theft, 2 you lose money on the spread when you buy it, you pay sales tax on it, and then you lose money on the spread again when you sell it, and you also get to pay capital gains tax.

With the ETF you only pay tax once.
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I won't pretend to know the sales tax laws in every state, but in Maryland they absolutely don't collect sales tax on gold or silver.
Jewelry yes, but not coins and bullion.
 
Quote from tandh:

I don't want physical for two reason, 1 theft, 2 you lose money on the spread when you buy it, you pay sales tax on it, and then you lose money on the spread again when you sell it, and you also get to pay capital gains tax.

With the ETF you only pay tax once.
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there must be a reason why soros has both gold bullion and gold etfs.

your knowledge of sales tax is plain wrong. if you know an exception please post it.

anybody who looks for "one" best stock for... anything needs to develop a better understanding of markets.
 
Quote from stock777:

how about best loan shark to pay your rent, since you were all in at 1900
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They believed those who said it was heading to the moon, and trend is your friend crowd!
 
Quote from tandh:

Once the next gold rally starts, they're profits will shoot through the roof.
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If they print stock and stock options and sell in the market, I am sure they would make a lot of money.
 
Quote from zdreg:

your knowledge of sales tax is plain wrong. if you know an exception please post it.
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Actually tandh may have to pay sales tax on gold purchases if he buys in a physical store in certain states.

No matter where you live you can buy gold tax free online. I have a couple of friends who have made satisfactory online purchases of gold bullion. Reputable online vendors of bullion do exist.
 
Even if you avoid sales tax, you still have to pay capital gains and you have to worry about theft or pay for storage.

AEM offers a 4% dividend at its current price. If gold goes up 100%, AEM will go up at least 300%, so you get a higher return, plus a dividend, and no storage cost.
 
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