What The Hell, A New Gold Thread.........

drum_3

nrsql wrote: »

I did check your value but misread it as well.
It should be about .01 over the stated weight so 3.4031 which makes your 3.41 - 3.42 pretty close and more than likely due to the scales. Weighing them both together might highlight that

Ok. 6.82 grams together. So the zero is correct, yes?

Everything else checking out, size, that resonant 'ting', you'd be happy at 3.41 then?

SpinnerB

If you want to play with gold are you not better dealing in vaulted bullion, rather than coins?

drum_3

SpinnerB wrote: »

If you want to play with gold are you not better dealing in vaulted bullion, rather than coins?

mmmm........couple of 1/10th's sounds like 'play' to me. Vaulted bullion sounds like serious investment.

Nothing wrong with playing. It's a good way of learning.

sabretoothtigger

Learning that requires 40% rises to make a profit because the spread is so high, coins are good long term.
They never got back to me about getting that Edwardian gold sovereign

I like the idea of buying them slowly when approaching retirement but no more then 5% except theres no tax refund on that so you'd be better buying off gold within a sipp if possible, not sure it is


Jus read that quarter sovereigns in gold have just been issued this month. They weigh 1.997grams and cost 45 pounds to buy

http://www.taxfreegold.co.uk/2009quartersovereigns.php

Lol_UK_2

SpinnerB wrote: »

If you want to play with gold are you not better dealing in vaulted bullion, rather than coins?

Personally I'm happier holding physical gold rather than trusting any institution to 'hold' it for me- heard too many rumours about a potential Comex default:
http://news.goldseek.com/GoldenJackass/1225389600.php

Without being at all frivolous, I think gold could easily double in value over the coming year- for all sorts of reasons- mostly because our currency isn't going to be worth a damn! (look up Peter Schiff on youtube).

As a newbie on this forum, I am sensing people's dislike- or mistrust anyway, in Gold as a serious investment- and it baffles me! We would rather put our trust in Financial advisors, Banks, Economists, Government advisors and all the other 'experts' who either didn't see this disaster coming, or helped it to happen- than buy a little precious metal?...And you think gold is risky?!!!

wombat42_2

http://www.rathergood.com/bullion


:j

purch

I'm happier holding physical gold rather than trusting any institution to 'hold' it for me- heard too many rumours about a potential Comex default

The words Physical Gold and Comex should not be uttered in the same sentence. :eek:

mrposhman

Lol_UK wrote: »

Personally I'm happier holding physical gold rather than trusting any institution to 'hold' it for me- heard too many rumours about a potential Comex default:
http://news.goldseek.com/GoldenJackass/1225389600.php

Without being at all frivolous, I think gold could easily double in value over the coming year- for all sorts of reasons- mostly because our currency isn't going to be worth a damn! (look up Peter Schiff on youtube).

As a newbie on this forum, I am sensing people's dislike- or mistrust anyway, in Gold as a serious investment- and it baffles me! We would rather put our trust in Financial advisors, Banks, Economists, Government advisors and all the other 'experts' who either didn't see this disaster coming, or helped it to happen- than buy a little precious metal?...And you think gold is risky?!!!

so why will sterling disappear but the $ will not be affected bearing in mind the size of the US bailouts and the prospective volume of quanitive easing that will be thrust into the US economy,

Remember a fall in the price of gold and a fall in the value of the $ is will increase the drop in sterling.

Lol_UK_2

The dollar will crash as well- it could be carnage all round, the Euro too!...just thought it more relevant for this forum to talk about the pound...

I'm only reflecting what I'm seeing and hearing from what I consider trustworthy and knowledgable sources. I'm a realist, not a pessimist (I hope!)

sabretoothtigger

Peter recommends foreign investments which might even include somewhere like the uk, he probably means asia but all the same you cant take his advice as he is speaking to 200million americans not us really