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Gold Prices Rally on Safe Haven Buying. gold hit a new record of £767

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Comments

  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    RDB wrote: »
    I know your being childish Chuck.
    it's you're not your thank you very much

    good youtube video - i'm nearly convinced on buying a bar of gold as a long term investment.
  • RDB
    RDB Posts: 872 Forumite
    edited 20 May 2010 at 5:53PM
    Did anyone else hear the main stream news talking about the Precious metal frenzy in the far East?

    1 min vid
    http://www.youtube.com/watch?v=PqFpl31UwPI

    http://www.youtube.com/watch?v=dwWso5m2f5c&playnext_from=TL&videos=xzBvx5oBR-g

    I think PMs will be on the news a lot from now on. When its on the front page and the first thing the news reader says is what golds new high is. Just like it was in 1980. That will be the time I start selling slowly when the masses start buying in big numbers whatever the price.


    I say slowly because I want to stay under the cap gains allowance. I plan to start selling slowly when the bubble is about 60% inflated and hope to have sold most when its about 90% inflated. I think we are about 20% in so far. So Im still buying.
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