📨 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!

I am wetting myself cos gold has breached $900 !!!!!

Options
124»

Comments

  • Since I invested in February, there has only been couple of days when I have made a paper profit - and then only a few pounds.

    Price was driven up a lot by financial instability and I haven't seem many of those symptoms going away. Accepted that US GDP has surprisingly increased and Oil going down - but it's hurricane season again, and the UK is now in a mess.

    I should have jumped in a year ago when it was $700~$750 but you know what they say - "It's not timing the market that matters, it's time in the market"
    did you buy it for more than 750ish?

    I'm still not sure of jumping in now although the Indian buying season is upon us and the article above says people are buying again...
  • did you buy it for more than 750ish?
    I bought it for more than 900ish :o
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Where are you Willy Wombat? I seem to remember you liked China, commodities, Gold. Where is your money going next?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • purch
    purch Posts: 9,865 Forumite
    "It's not timing the market that matters, it's time in the market"

    ....:rotfl: :rotfl:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    StevieJ wrote: »
    Where are you Willy Wombat? I seem to remember you liked China, commodities, Gold. Where is your money going next?

    I currently have Marlborough Commodity ETF fund, Eclectica Agriculture, Sarasin Agrisar, Blackrock Gold and General.

    I am in for the long haul - probably 10 years so I am not too worried. Sentiment changes rapidly all the time.

    I have no plans in changing except I wish I had put some away in Blackrock Absolute Alpha and i still might do at some point.

    BTW this is JIm Rogers blog site:
    http://jimrogers-investments.blogspot.com/
  • purch
    purch Posts: 9,865 Forumite
    As he say's
    “Investors should always buy low when things are correcting. It is too bad when most usually don’t take this advice."
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    purch wrote: »
    As he say's

    As long as the knife does not go straight through the hand.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • I bought it for more than 900ish :o
    ouch! I can feel your pain!

    Hope it comes up again for you after I've bought it, that is ;)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.