considering saving in gold bullion

HunterBurgan

Albermarle said:

This dealer in Blackpool is often mentioned

I live in Manchester so Blackpool is not to far but still a goodish trip

They look like collectors coins and same as my last question mentioned above..

Buying gold collectors coins; good investment or not?

HunterBurgan

unkle said:

Just buy gold sovereigns

Is that the royal mint coins by any chance. Do you know if they have gone up and down in value a lot in the last year or so?

Where is the best place to buy and sell

HunterBurgan

Malkytheheed said:

You can hold gold without physically holding gold. Just buy into a gold index tracker fund, 

Yer I heard something about this on the "UK business forums"

As opposed to storing it your self (or paying someone to do so) they invest it for you and you get a small commision (like a banks used to pay you interest on your saving)

But I was unable to follow this up and get further info on it

Can you recommend any company that dose this "Gold index tracker fund" please

Linton

HunterBurgan said:

RichTips said:

If you want to designate a small portion of your net worth to holding them as a source of diversification or a speculative emergency fund I think that's fine, probably best not to fetishize them and start collecting just for the sake of it though.
 

No I want it as a means of savings as opposed to putting money in a bank account. Given the fact of everything going on and planned......

Hyper inflation, Banks going bankrupt, Cyber attach and so on...

In the past year the gold price in £ has dropped by about 12%.  Are you really happy with your life savings jumping around like that?

Albermarle

HunterBurgan said:

[Deleted User] said:

 Since I got the gold the value of each bar has gone down by about £100.

The last depression/ crash gold when up. Is this time different? is it now going to go down?

Gold goes up and down all the time . Normally when share markets crash it goes up . As share markets have been buoyant it has gone down .

Albermarle

HunterBurgan said:

Malkytheheed said:

You can hold gold without physically holding gold. Just buy into a gold index tracker fund, 

Yer I heard something about this on the "UK business forums"

As opposed to storing it your self (or paying someone to do so) they invest it for you and you get a small commision (like a banks used to pay you interest on your saving)

But I was unable to follow this up and get further info on it

Can you recommend any company that dose this "Gold index tracker fund" please

WisdomTree Physical Gold Key Statistics | JE00B1VS3770 | Fidelity

jimjames

I've bought from Bullion by Post, good service and no issues. Not sure about selling as I just bought the one coin.
If you're trying to beat inflation then investing in stock market might be a better option

HunterBurgan

jimjames said:

I've bought from Bullion by Post, good service and no issues. Not sure about selling as I just bought the one coin.
If you're trying to beat inflation then investing in stock market might be a better option

surly the stock market will crash!

Malkytheheed

Pick commodity futures and consumer stocks to beat inflation. 

tranquility1

Malkytheheed said:

Pick commodity futures and consumer stocks to beat inflation. 

Can you recommend any commodities and uranium ETFs available in the UK?