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Phew. Gold is drifting up

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Comments

  • ManAtHome
    ManAtHome Posts: 8,512 Forumite
    Part of the Furniture Combo Breaker
    Ian_W wrote: »
    You can't "surge" on a minicycle - you can only surge on a supercycle!
    Ok, so a "minicycle" must have one wheel, does a "supercycle" have 3 or 4 (or OMG even more...)? And do you need a car following with your clothes/kleenex whilst "surging"?
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    Part of the Furniture Combo Breaker
    Still got a long way to go until it gets back to where I bought it in February.

    Got to have a bit of excitement though, otherwise it would be boring :D
  • cloud_dog
    cloud_dog Posts: 6,328 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Ian_W wrote: »
    Impossible! :rolleyes:

    You can't "surge" on a minicycle - you can only surge on a supercycle! ;)

    Get my "drift"? :D
    Orange 'Chopper', now there was a super cycle ;)
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    The gold correction in 2006 was 5% steeper than the one this year. Anyone who bailed out in 2006 must be kicking themselves in view of the stellar rises in 2007.

    Incidentally, there is quite a lot of talk of $200 oil in 6 to 24 months. That would mean $1500 gold as there is quite a strong oil/gold coupling.
  • Hi All, please can you advise how you go about investing in gold ?

    This potential investment would be in additional to a stock market tracker and cash ISA, so it add to a nice basket of investments.

    Do I need to approach my stockbroker/fund manager for this type of investment ?
  • mr_fishbulb
    mr_fishbulb Posts: 5,224 Forumite
    Part of the Furniture Combo Breaker
    Down it goes again
  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hi All, please can you advise how you go about investing in gold ?

    This potential investment would be in additional to a stock market tracker and cash ISA, so it add to a nice basket of investments.

    Do I need to approach my stockbroker/fund manager for this type of investment ?
    Stockbroker if you wanted to buy in to a gold ETF, fund manager if you want to get your hands on a fund that invests in gold-producing companies. There are other ways, but these are the ways I know will work without too much complication.
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
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