Best way to buy Gold bars or coins?

sabretoothtigger

A combination of a stronger pound and a smaller dip for gold I think, dont have a longer chart really











KGX is dollar index with gold substituted for dollars

janemoore

Hi,

I thought i'd let all my fellow moneysavers interested in gold and silver investment know about a great experience using www . bullionbypost .co.uk .I have used several times recently to buy a few ounces (of gold!) and kilos (silver!). I think there prices are about the best I have found. They are based in the Birmingham jewellery quarter, but I have found their delivery to be very fast and resonably priced too :j

sabretoothtigger

Price of gold in sterling is down £6 in the last day. Its fallen £220 since feb per ounce but is still up over a £100 per ounce since June 08

Apart from dollar weakness the gold price seems to be retreating still though not half as much when vs recovering sterling

DiggerUK

janemoore wrote: »

Hi,

I thought i'd let all my fellow moneysavers interested in gold and silver investment know about a great experience using www . bullionbypost .co.uk .I have used several times recently to buy a few ounces (of gold!) and kilos (silver!). I think there prices are about the best I have found. They are based in the Birmingham jewellery quarter, but I have found their delivery to be very fast and resonably priced too :j

Now your here. First your flogging spectacles, now your spamming gold. Your outfit isn't the best price in town anyway.
Sierra Oscar.

sabretoothtigger

The presenter summarises at the end of this clip that it was some of the best instructive discussion of gold he has heard. I tend to agree because both sides of the argument are explained to some extent

As a commodity gold does not have returns as such, its a play on external factors which makes it pretty complex to understand the movement of when its also a function of the currency its denominated in


http://www.youtube.com/watch?v=DKToYuqR4Kg


Money is returning to the dollar to its strength and also to bonds with falling yields. Gold itself is 'falling' with the market weakness however if its fall is less then the rise in the dollar that is an appreciation I think

crazygaijin

Gold hasnt got the potential of silver.

The price of gold may go up more but more likely the price of silver will go up to meet where gold is.

sabretoothtigger

Silver is more industrial I think so right now I expect it to fall with oil, etc More potential and more likely to lose it also, opportunity or fundamental failing depending on the view of the future.
The ratio only gets much shorter with a proper spike in demand so should get longer right now

DiggerUK

Had to bring this back. Anybody would think that gold was a recent invention on MSE otherwise.
If you only go back as far as page 11, post 201, you will find some very early Digger posts on MSE.
Ignore Old Diggers advice at your peril. Yo Ho Ho.