Gold Buying

daveyt21

Krugrands from a bullion company where you can collect, is going to be the safest bet. You'll pay a few % over the spot price but worth it for the format.

Have you considered 1st Growth Wine Investment, it has been returning better than gold for the last 5 years.

derekt_2

I bought my Gold Krugrands from ATS Bullion a few months back, was able to collect in London and price was 3% above the 1/2 spot price at the time. They were very helpful, professional and secure, I would use them again and recommend them.

dunstonh

I see..but i just cant get my head round this rush for gold.

When appetite for risk goes, there tends to be a move towards gold. That pushes the price up. When the risk appetite returns the price of gold should drop.

Gold is ripe for a drop but like any price bubble, it could go up more before that drop occurs. You just don't know when it will drop and at what pace it will drop. There is a general rule of thumb though that once an investment becomes fashionable and everyone is talking about it, then its time to get out. The real gains have usually gone by then. The most obvious example of that was the tech stocks. The media generally started pushing tech socks when they achieved 90% of their growth to the peak. So, if you went in at the fashionable point you missed 90% of the gains that had been seen, got 10% and unless you pulled out at that point (unlikely) you then suffered the effects of the bubble bursting. Another example is the US property market.