how much gold...

Alistair31

DannyCarey said:

Alistair31 said:

One gold sovereign per year. More because I like looking at them than anything else. 

Less than 1%

Where do you buy them from?

BullionByPost

Alistair31

Millyonare said:

Will buy solid gold if / when the China-Taiwan-US war kicks off.

Probably best to buy during the mobilisation phase. Don’t wait for the shooting to start

Bigwheels1111

Alistair31 said:

DannyCarey said:

Alistair31 said:

One gold sovereign per year. More because I like looking at them than anything else. 

Less than 1%

Where do you buy them from?

BullionByPost

Been looking at coins myself, but not a great option.

Its almost at its highest price in 10 years.

Plus you lose £50 at point of sale.

If not more.

More depending who you buy from, BullionByPost near £110 over its gold price.

bd10

I held gold as ETF from the day Russia invaded Ukraine. Subsequently sold it when in USD terms gold started to suffer with rising interest rates and the ETF ended up only making money due to the Sterling depreciation. It worked OK. I do hold a bit as physical, not for investments but as kind of insurance against circumstances when it'll be good to have some. What those circumstances will be, I do not know, but should for example the war spill over into NATO territory, then I most certainly want to own the physical stuff.

One angle to play gold as investment could be the US/China decoupling. China would prefer to hold its currency reserves not in USD's or UST's, maybe gold. Who knows.

bugbyte_2

Buy from Atkinsons. Have 4% physical Krugers securely held.

Reason being (it works in my head) that if I ever get to retire and want to take 4% pa out of my S and S SIPP, then if we have a crash year I can still cash in on my gold without having to sell stocks at a discount. This of course only works if a) gold negatively correlates with stocks, and b) the crash recovers in a year. Luckily a and b are usually true. 

BTW I am not sure now is a good time to be buying gold, it feels expensive.