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Gold up 3% today against the grain

wombat42_2
wombat42_2 Posts: 1,312 Forumite
in Savings & investments
Gold is up 3% yet oil is down and the dollar is up. Incredible but true.

Comments

  • purch
    purch Posts: 9,865 Forumite
    Gold up 3% today against the grain

    ....and what about the Grains ???

    How much have they moved.
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    purch wrote: »
    ....and what about the Grains ???

    How much have they moved.

    What a WUM :mad:

    Grains are down about 1%.
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    GOLD NOW UP 4%

    :j :j :T :beer:
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I bought gold yesterday. OMG I'm a gold mogul!
    sell, sell, sell
    Quick, it'll pay for a pack of biscuits in celebration.
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    PasturesNew wrote: »
    I bought gold yesterday. OMG I'm a gold mogul!
    sell, sell, sell
    Quick, it'll pay for a pack of biscuits in celebration.

    :D Now up 4.6% Just think what the gold price would be on a falling dollar abd rising oil
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Anyone rich enough to buy gold shouldnt be on a money saving forum :p

    How are you investing because you know when the apocalypse comes only a bar of the real stuff is going to be worth having right, I wouldnt trust some swiss bank tbh :tongue:
    Barclays is worlds largest ETF dealer so theres some irony in this I think


    Im interested out of this 4.6% rise, what percentage did it cost to buy and sell into this gain. Its not very efficient is it though I read sovereigns are tax free cgt


    Now I remember, I have some gold. 1 gram given to me as part of a free offer, if gold hits 5000 dollars an ounce I'll retire to the costa del
    Will go check how much richer Iam today I think
  • Doomcow
    Doomcow Posts: 1,729 Forumite
    can i redeem my sterling pls?
    Mr & Mrs Doomcow Wedding Fund: £10200/£18000 (by 04/2012) (spent £2000)
    meiow meiow purr meep merp purr urble purrup :)

    requires further financing
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Gold is up 20% since obama was voted in (a nadir) so I was right not to sell but probably should have actually invested something

    Anyone in gold will probably love this, 10 mins of peter schiff analogies

    http://in.youtube.com/watch?v=vweLBpE4mso&feature=related
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