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Time to dump gold and buy oil?

Atreyu107
Atreyu107 Posts: 96 Forumite
Ninth Anniversary Combo Breaker
edited 20 November 2015 at 10:16AM in Savings & investments
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Comments

  • greenglide
    greenglide Posts: 3,301 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    Frying pans and fires springs to mind?
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    If you are talking about funds that invest in the two commodities, then it is down to your own due diligence and research.
    If you want to pile barrels of oil in the back garden, or bury gold under the greenhouse...........that's a private matter between you and your gardening staff..._
  • Malthusian
    Malthusian Posts: 11,055 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    nobody-knows.png
  • Atreyu107
    Atreyu107 Posts: 96 Forumite
    Ninth Anniversary Combo Breaker
    Very good Malthusian!

    I don't invest in either (I don't like commodities in general), but I thought the graph was interesting so thought I'd share.
  • Linton
    Linton Posts: 18,548 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    If you invest in either it should be with a very small % of your total wealth. And if it's a small % of your total wealth the best answer to this and most other either/or questions is "both".
  • EdGasket
    EdGasket Posts: 3,503 Forumite
    Gold should go up as it is not subject to dillution like currencies are with QE. I don't know why it has gone down and not up?
  • grey_gym_sock
    grey_gym_sock Posts: 4,508 Forumite
    EdGasket wrote: »
    Gold should go up as it is not subject to dillution like currencies are with QE.

    well, that's a theory.
    I don't know why it has gone down and not up?

    hmmm, perhaps the theory is wrong after all .........
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    EdGasket wrote: »
    Gold should go up as it is not subject to dillution like currencies are with QE. I don't know why it has gone down and not up?

    Take as your starting point that demand is low......and work out from that..._
  • Kendall80
    Kendall80 Posts: 965 Forumite
    Ninth Anniversary 500 Posts Name Dropper
    EdGasket wrote: »
    Gold should go up as it is not subject to dillution like currencies are with QE. I don't know why it has gone down and not up?


    Stronger dollar? and perhaps an improving short term outlook for equities?
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    Atreyu107 wrote: »
    I don't invest in either (I don't like commodities in general), but I thought the graph was interesting so thought I'd share.
    Neither of them are real investments. But the graph isn't visible at the moment, so I'm afraid your point is lost.
This discussion has been closed.
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