Gold investments

stewartjrl

Can anyone offer some good advice as to the best way to invest a little money in actual gold, please ? Has anyone had any bad experience of advertised companies for this ? Thanks ! :T

dobefan

I've bought from here in the past ... buy it today with your debit card and have your gold tomorrow by special delivery ... top class service.

http://www.atsbullion.com/?partner=google&ag=bullion&gclid=COP45oyanZcCFU4g3godelapDA

Cheers

sabretoothtigger

Citigroup says gold could rise above $2,000 next year as world unravels


"What happens if there is a meltdown in a country like Pakistan, which is a nuclear power. People react when they have their backs to the wall.
We're already seeing doubts emerge about the sovereign debts of developed AAA-rated countries, which is not something you can ignore," he said.

Gold traders are playing close attention to reports from Beijing that the China is thinking of boosting its gold reserves from 600 tonnes to nearer 4,000 tonnes to diversify away from paper currencies. "If true, this is a very material change," he said.



Gold has tripled in value over the last seven years, vastly outperforming Wall Street and European bourses.

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/3526645/Citigroup-says-gold-could-rise-above-2000-next-year-as-world-unravels.html



Is gold a hedge against a nuclear apocalypse or should I just buy a shotgun, dodge charger and a tanker of petrol

Lokolo

PM someone called wombat42 (maybe 42? maybe something else?)

purch

PM someone called wombat42

Why ?

He hasn't owned a piece of physical Gold in his life !!!

Lokolo

purch wrote: »

Why ?

He hasn't owned a piece of physical Gold in his life !!!

He always comments on damn gold and the weekly price though!

wombat42_2

SOMEONE CALL !?

:beer::j:T:rotfl::A:confused::money::D:cool::eek:

jon3001

Lokolo wrote: »

He always comments on damn gold and the weekly price though!

I think he's got some money in 'Blackrock Gold and General fund' (mining stocks).

wombat42_2

jon3001 wrote: »

I think he's got some money in 'Blackrock Gold and General fund' (mining stocks).

The genius speaks !

I rarely grant an audience with mere mortals. :mad: OK OK just this once.

Yep Blackrock Gold and General fund is my only involvement with gold. Opinion is divided whether it is best to have gold commodity or gold stocks, maybe half and half is an idea. At present gold stocks seem to be playing catchup with the commodity value and are doing well at present.

Peter Schiff and Citygroup are predicting $2000 gold next year (well he was right about $1000 gold in 2008). Anyway I think you should be prepared to hold Gold for the long run if necessary not just bank on 2009.

jon3001

wombat42 wrote: »

The genius speaks !

I rarely grant an audience with mere mortals. :mad: OK OK just this once.

Lol! :rotfl:

Lokolo

jon3001 wrote: »

Lol! :rotfl:

How do you remember what he's invested in...?