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Gold Fix Hits New British Pound Record 1/3/10

Asheron
Asheron Posts: 1,229 Forumite
in Savings & investments
The Gold Price in Sterling hit a record London Gold Fix above £742 an ounce, some 299% above its price of 1st March a decade ago. Gold priced in the Euro ...
http://goldnews.bullionvault.com/gold_pound_030120105
As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
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Comments

  • purch
    purch Posts: 9,865 Forumite
    I thought GBP was 'collapsing'

    The value of any commodity against a worthless currency is worthless ;)
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • Asheron
    Asheron Posts: 1,229 Forumite
    It is..... Gold price did not go up, The Pound de-valued. Don't you get it ?

    Gold preserves wealth
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Yeah Purch, what do you know?!

    When the illuminati replace our worthless paper money with the new world currency which only they control, you'll be wishing you bought gold.
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • jonnypren
    jonnypren Posts: 9 Forumite
    Asheron wrote: »
    The Gold Price in Sterling hit a record London Gold Fix above £742 an ounce, some 299% above its price of 1st March a decade ago. Gold priced in the Euro ...


    Hi,

    I have a Krugerrand that I want to sell. Anyone have any advise on the best place to go to sell it?

    Thanks
  • amcluesent
    amcluesent Posts: 9,425 Forumite
    >Anyone have any advise on the best place to go to sell it?<

    Ebay for sure.
  • greenface
    greenface Posts: 4,871 Forumite
    Mortgage-free Glee!
    golden ash

    time to sell sell sell
    :cool: hard as nails on the internet . wimp in the real world :cool:
  • Asheron
    Asheron Posts: 1,229 Forumite
    Sure, if you think the economy is getting better, Sell your Gold and Silver :)
    As an investor, you know that any kind of investment opportunity has its risks, and investing in Stocks or Precious Metals is highly speculative. All of the content I post is for informational purposes only.
  • shaun_from_Africa
    shaun_from_Africa Posts: 12,858 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I would advise against selling gold coins on ebay. Not only is there a good chance that you will be targeted by scammers, your buyer will probably pay via paypal which will cost you about £25 in fees.

    There are a few places who will buy your Kruger from you.

    http://hattongardenmetals.com/gold-coins.aspx About £720

    http://www.elminvestments.co.uk/gold-coins.html About £730

    https://www.coininvestdirect.com/en/gold_coins/ About £745 (but you have to ship to Germany)
  • looli01
    looli01 Posts: 3 Newbie
    Got £710 for my Kruggerandss from The Manchester Gold Co and I didnt need the cost nor the risk of posting
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    looli01 wrote: »
    Got £710 for my Kruggerandss from The Manchester Gold Co and I didnt need the cost nor the risk of posting

    You must be Manchester Gold Companies latest employee of the month.
This discussion has been closed.
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