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advice?

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dereek21
dereek21 Posts: 8 Forumite
in Savings & investments
hi,

i have a kruger rand that i was given for my son..
is it worth selling it? or keeping it?
until he gets older if gold is set to rise on the market..

thanks

Derek

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    Its against forum rules to give advice.
  • gozomark
    gozomark Posts: 2,069 Forumite
    Its against forum rules to give advice.


    none of us knows the answer anyway :-)
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    gozomark wrote: »
    Its against forum rules to give advice.


    none of us knows the answer anyway :-)

    sshhhh I was trying to get away with it :D
  • dunstonh
    dunstonh Posts: 119,681 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Lets be a little bit more helpful and try and narrow down the answer....
    is it worth selling it? or keeping it?

    It will be one of those. ;)
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • cos69
    cos69 Posts: 413 Forumite
    dereek21 wrote: »
    hi,

    i have a kruger rand that i was given for my son..
    is it worth selling it? or keeping it?
    until he gets older if gold is set to rise on the market.. thanks
    Derek

    This is not advice, so ignore it

    Given all the uncertainties with the the UK currency and interest rates, I would keep it. Not sure it will go up dramatically in $ but with £ falling could beat interest rates on the money received
    "How could I have been so mistaken as to trust the experts" - John F Kennedy 1962
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