Expert: Paul Henneman - 3/10/2004

Question
I am thinking about purchasing a small amount of gold or silver bullion, maybe $2000 or so. I'm not really looking at this as an investment but I would like to actually have something with intrinsic value in my hands in addition to all the numbers in a computer for my 401k.
Is there any good way to do this? Searching for 'purchase gold' on the internet just leads to get rich quick and doomsday sites.
Thanks in advance for any help!

Answer
Thank you for your question!
I'm sorry that I unfortunately cannot be of much help! All of my expertise and knowledge lies with stocks and mutual funds, I have no experience in the purchase of precious metals and would not feel comfortable recommending any services to you.
Now that said, there are various funds that you can buy/sell just like mutual funds or stocks that are based on the price of gold. But this is more along the lines of if you are interested in the price of gold as an investment. If you want to hold actual gold, these will be of little value. If interested, there is information available on www.Morningstar.com, just enter 'gold' into their search box, and click on the 'search' button instead of the quote button. Then scroll down.
I hope this helps at least a little! Please do not hesitate to follow up with me if I can be of any additional assistance of related funds based on gold.

Sincerely,
Paul Henneman
President
ValuEngine, Inc.
www.ValuEngine.com