We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Where to buy physical Gold/Silver Bullion at Market price?
Comments
-
I think you will find it is currency that is dishonest; not gold
1 -
Yabbering on about whether currencies or blocks of metals are innately 'honest' or 'dishonest', is simply a distraction from the good business of savings and investment discussion which was happening on the board before some people decided to suddenly start evangelising about speculatively buying metals to guard against imagined prospective hyperinflation rather than owning shares in businesses and other income-producing financial instruments.EdGasketTheSecond said:I think you will find it is currency that is dishonest; not gold4 -
I take it that you're a newcomer around here if that's the stupidest thing you've seenJohn_ said:The idea that the price of gold is stable because an ounce of gold is always worth an ounce of gold is perhaps the stupidest thing that I’ve ever seen posted on here.
But I do have a rock from my childhood which I'm pretty sure is still the same rock, so I guess it must be nearly as good as gold.3 -
Question Re. WisdomTree 'Physical Swiss Gold' fund SGBX. How can this claim to be a gold fund when on the 'Underlying Holdings' tab on their website the Security says 80% gold and 20% silver? Surely it should be a mixed gold silver fund then?
0 -
Not sure where you are seeing that. It looks like a 100% gold allocation to me and doesn't mention silver.EdGasketTheSecond said:Question Re. WisdomTree 'Physical Swiss Gold' fund SGBX. How can this claim to be a gold fund when on the 'Underlying Holdings' tab on their website the Security says 80% gold and 20% silver? Surely it should be a mixed gold silver fund then?1 -
OK well it may be a problem with their website or my browser as the 'Security' tab is now saying crude oil lol. Thanks for looking.bowlhead99 said:
Not sure where you are seeing that. It looks like a 100% gold allocation to me and doesn't mention silver.EdGasketTheSecond said:Question Re. WisdomTree 'Physical Swiss Gold' fund SGBX. How can this claim to be a gold fund when on the 'Underlying Holdings' tab on their website the Security says 80% gold and 20% silver? Surely it should be a mixed gold silver fund then?
0 -
It has given me an insight into a mind-set that I was struggling to understand. I can see now that for them, gold represents a constant in the financial world, in the same way that Pi is a constant in mathematics or the speed of light is in physics. The flaw of course is looking for a constant that can be held on to as a form of psychological security in a world where such a constant does not exist. I don't think it is a coincidence that "security" is what people believe they are getting from gold.John_ said:The idea that the price of gold is stable because an ounce of gold is always worth an ounce of gold is perhaps the stupidest thing that I’ve ever seen posted on here.
Why do people pumping gold as an investment always go down the road of dishonesty when questioned?
2 -
Right now, considering the economic situation, everything else is in an inflated bubble compared to gold and silver. Gold and silver maintain their value over thousands of years, it is not just a 'belief' that they do by some people as the previous poster suggests.
0 -
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards