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GOLD- the only true currency?

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Lol_UK_2
Lol_UK_2 Posts: 106 Forumite
in Savings & investments
Ok...so this isn't a new subject- I'm not a regular and didn't bother to do a search before I invited criticism for my ignorance!
I just got a bit carried away with my excitement with gold as a serious investment!
Didn't see it listed in the open forums I guess...
A cynic is a man who knows the price of everything but the value of nothing. (Oscar Wilde)
We all pay for life with death, so everything in between should be free. (Bill Hicks)
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Comments

  • nrsql
    nrsql Posts: 1,919 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Seems so obvious now you've mentioned it.
    Wonder why no ones posted about this before.

    Have you spotted the search button?
  • Lol_UK_2
    Lol_UK_2 Posts: 106 Forumite
    Hmmm...ok so I'm new here...I take your point!
    Perhaps I'll just quietly go and post on some of the existing forums!
    Feel free to ignore this then....!
    A cynic is a man who knows the price of everything but the value of nothing. (Oscar Wilde)
    We all pay for life with death, so everything in between should be free. (Bill Hicks)
  • nrsql
    nrsql Posts: 1,919 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    It's ok - I think a lot of people will find it quite humerous.
  • Lol_UK_2
    Lol_UK_2 Posts: 106 Forumite
    Yes- I'm sure they will!
    Ahh well- we live and learn...
    A cynic is a man who knows the price of everything but the value of nothing. (Oscar Wilde)
    We all pay for life with death, so everything in between should be free. (Bill Hicks)
  • cloud_dog
    cloud_dog Posts: 6,323 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    LOL, if you search for 'gold' you will find there have been a large number of threads on the subject; a number of then recently for some dtrange reason :rolleyes:

    The latest is:

    http://forums.moneysavingexpert.com/showthread.html?t=1497521

    (started by me, ahem........ cough, cough)
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • Hungerdunger
    Hungerdunger Posts: 964 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Lol_UK wrote: »
    I just got a bit carried away with my excitement with gold as a serious investment!
    Would you like to tell us how much you have personally invested in gold?
    "The trouble with quotations on the Internet is that you never know whether they are genuine" - Charles Dickens
  • purch
    purch Posts: 9,865 Forumite
    GOLD- the only true currency?

    According to the hyper-Gold Bugs.

    Of course if you believe everything "according to the hyper-Gold Bugs" then you might as well slash your wrists now !!!
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    http://www.rathergood.com/bullion


    :j
  • Lol_UK_2
    Lol_UK_2 Posts: 106 Forumite
    Hungerdunger wrote: »
    Would you like to tell us how much you have personally invested in gold?

    For myself and my Mum- about 7k....mainly on the advice of Peter Schiff, and a few other financial people who seem to actually know what's going on.
    I'm no expert investor at all...just done a little research
    A cynic is a man who knows the price of everything but the value of nothing. (Oscar Wilde)
    We all pay for life with death, so everything in between should be free. (Bill Hicks)
  • Lol_UK_2
    Lol_UK_2 Posts: 106 Forumite
    purch wrote: »
    According to the hyper-Gold Bugs.

    Of course if you believe everything "according to the hyper-Gold Bugs" then you might as well slash your wrists now !!!

    I like the Voltaire quote you have in your sig...and it couldn't be more relevant right now! I don't think I'm a hyper gold bug...I just have a horrible feeling we are on the crest of a serious depression- which will only be made worse by the US and UK government plans to borrow (ie print) huge amounts of money on top of unprecedented national and personal debt. Buying gold is not speculative for short term gain for me...I just want something saved that is actually worth something!!
    A cynic is a man who knows the price of everything but the value of nothing. (Oscar Wilde)
    We all pay for life with death, so everything in between should be free. (Bill Hicks)
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