Tally Money vs The Royal Mint vs Invesco Physical Gold ETC For Investing In Gold

Albermarle

plumb1_2 said:

But gold is up 390% over 10 yrs 
But who knows what bullion or the markets will preform in the future .
Diverisity is the key imo 

I know, I was just answering your question.

Dont know how that equals to equity investment over 10 yrs

plumb1_2

Notice silver pushed through the $100 barrier 

Nebulous2

Gold has had long periods of static behaviour or losses historically, interspersed with periods of intense activity and dramatic rises like we have seen recently. I've had a krugerrand for almost 50 years and I previously posted about its history. 

Whisky investment - Page 2 — MoneySavingExpert Forum

In brief - big gains in late 70s - lost value in £ terms, even more in real terms, between 1980 and 2000 and big gains again just now. 

A lot of commodities are the same..... 

chiang_mai

I live in Asia where the population typically buys gold rather than trust banks, there are thousands of gold shops here. The price of gold has now reached a point where gold shops are closing, because it's too expensive for the local population, the story is the same throughout Asia. Many shops switched to selling gold bars but that is a much smaller market. I know of several people in the expat community who bought gold bars at $3,500 but nobody I know has bought since. The message here is that FOMO buyers are now being priced out of the market, which should have a dampening effect on price.