look at the shiny metal go

**ChimpMaster** · 6 November 2007, 11:35

How are you invested in this?

**Churchill** · 6 November 2007, 11:39

I've a feeling tha GW might just attack Iran to take our minds off this sometime soon...

**sasguru** · 6 November 2007, 11:42

Originally posted by TazMaN View Post

How are you invested in this?

He's not.

HTH

**milanbenes** · 6 November 2007, 11:44

TazMan,

as you see,

SASGuru is my spokesman.

There are many ways to invest, buy some physical, buy some paper backed by physical, buy into the gold ETF etc.

All the best with your investments and remember I know nout so take advice from those more qualified to give it.

Milan.

**ChimpMaster** · 6 November 2007, 12:02

The second article says
"Earlier today, ETF Securities said ETFs (Exchange Traded Funds) 'Physical Gold' was the fastest growing gold ETF over the past four months, increasing by 1,200 pct, showing investor demand has picked up rapidly."

This doesn't appear to be correct. As far as I can research, it's (ticker: PHAU) up around 30%, broadly matching gold's actual price on which it is based.

I am watching for a good time to get into silver, which is yet to catch up on gold and other metals. Gold itself still has some way to go too.

Not that I'm clever enough to be have been in any commodity during the rise.

**BlasterBates** · 6 November 2007, 12:04

however

**NoddY** · 6 November 2007, 12:04

But with large amounts of gold held by central banks, it lays open the risk that the price can be manipulated by them in the say way as they abuse the money supply.

Alternative metals might be a better bet.

**milanbenes** · 6 November 2007, 12:13

Noddy,

pray tell what those alternative metals might be and how the average Joe can invest in them aside of opening a scrap yard in his back garden.

Milan.

**DimPrawn** · 6 November 2007, 12:24

Platinum, Copper and Uranium springs to mind.

look at the shiny metal go