Gold investments

sabretoothtigger

Peter Schiff was the guy laughed at a couple years back for being a doommonger on lax credit and housing misvaluation

Citygroup as engineers of their own destruction have less credibility

10. Ron Paul - Republican Congressman
Back in September 2003, Mr Paul told a House Financial Services Committee that: “Ironically, by transferring the risk of a widespread mortgage default, the government increases the likelihood of a painful crash in the housing market.

“This is because the special privileges granted to Fannie and Freddie have distorted the housing market by allowing them to attract capital they could not attract under pure market conditions.”

Of course, if we are going to give Mr Paul credit, than we should also highlight the efforts of Peter Schiff, his economic advisor and long-time economic hawk.

http://timesbusiness.typepad.com/money_weblog/2008/10/10-people-who-p.html?OTC-widgets&ATTR=tolblogs

Rhino666

Along with the FTSE drop, precious metals appear to have taken a 5% hit today. Will try to find out why later.

I guess that gold tends to be held as a long term investment because unlike shares gold cannot be that easy to sell without considerable loss of value in the transaction.

sabretoothtigger

With people predicting a double in the price and gold mine company shares halved you might want to read up on the ways to invest in the market, personally I see it as a rich mans game/hedge

http://www.telegraph.co.uk/finance/personalfinance/investing/3530663/Ten-ways-to-invest-in-gold.html



Except for this one maybe but 65% over five years aint that fab

Structured products are typically five-year plans that aim to pay you a set return and limit your downside risk. For example, Quantum Asset Management's Protected Gold Portfolio offers a minimum capital return of 100pc at maturity plus 100pc participation in the rise of the underlying assets over the investment period, subject to an overall maximum capital return of 165pc.