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Where I can buy Krugerrands?

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Comments

  • Lol_UK_2
    Lol_UK_2 Posts: 106 Forumite
    Blah99 wrote: »
    That is, of course, if you're nuts enough to buy into gold!
    Where's that bullion song gone...

    Gold up...FTSE down....and I suspect there's more of that to come. I must be nuts..!
    A cynic is a man who knows the price of everything but the value of nothing. (Oscar Wilde)
    We all pay for life with death, so everything in between should be free. (Bill Hicks)
  • Blah99
    Blah99 Posts: 486 Forumite
    Lol_UK wrote: »
    Gold up...FTSE down....and I suspect there's more of that to come. I must be nuts..!

    Question for you. Why is gold up? I know why the FTSE is down :)
    Mmmm, credit crunch. Tasty.
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Blah99 wrote: »
    Question for you. Why is gold up? I know why the FTSE is down :)

    Sadly 1PM was where it peaked today, and that's priced in GBP. It's back to about where it was on GBP terms this morning.

    USD it's waaay down.

    I think gold will continue to fall. People still have faith in the USD as a reserve currency and are turning to that away from gold.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • Lol_UK_2
    Lol_UK_2 Posts: 106 Forumite
    Blah99 wrote: »
    Question for you. Why is gold up? I know why the FTSE is down :)

    IMO Because people are turning to it instead of other so called 'safe' investments.
    When it becomes clear that any minor rallies in the USD and Pound are merely blips on the bumpy road down (to where, noone quite knows!) I suspect there will be a sharp increase in demand for physical gold- and it will keep the price stable and/or rising...
    A cynic is a man who knows the price of everything but the value of nothing. (Oscar Wilde)
    We all pay for life with death, so everything in between should be free. (Bill Hicks)
  • tradetime
    tradetime Posts: 3,200 Forumite
    When it becomes clear that any minor rallies in the USD
    There's an expression, "be careful what you wish for." The rally in the USD has been quite significant off the lows, largely a function of the global credit contraction, a weakening in the USD would likely signal some loosening of global credit, and that could trigger a very sharp rally in the equity markets, it would imho be nothing more than a bear market rally, but I'm not referring to a one day event, I'm talking about a rally that could last a few weeks and cover as much as 50%, such a rally would very quickly draw money in from the safe havens of the bond market and gold, so I wouldn't go wishing for that if I were you.
    Hope for the best.....Plan for the worst!

    "Never in the history of the world has there been a situation so bad that the government can't make it worse." Unknown
  • I am a major fan of http://www.bullionsupermarket.com

    I have been building a portfolio of gold coins over the last few years, mostly through ebay, and use this site as a really slick way to find the best deals.

    It compares ebay items to the Gold price to highlight the best value items. If you are interested in gold, you should definitely give it a look.
  • thelawnet
    thelawnet Posts: 2,584 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    stargold wrote: »
    I am a major fan of http://www.bullionsupermarket.com

    I have been building a portfolio of gold coins over the last few years, mostly through ebay, and use this site as a really slick way to find the best deals.

    It compares ebay items to the Gold price to highlight the best value items. If you are interested in gold, you should definitely give it a look.

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