The only place your money is safe poll

**MrRobin** · 17 March 2008, 16:30

Good poll!

Gold is an odd one... from looking at the recent performance, the knowledge that many will look to gold when markets are uncertain and the seemingly impending doom around the corner there seems to be no stopping it, but because noone actually needs gold, if things got really bad, it would just plummet... yes / no?

**minsky1** · 17 March 2008, 16:31

What about the Northern Rock option? 100% of your loot is safe, not just the first 35k!

**sasguru** · 17 March 2008, 16:33

Originally posted by MrRobin View Post

Good poll!

Gold is an odd one... from looking at the recent performance, the knowledge that many will look to gold when markets are uncertain and the seemingly impending doom around the corner there seems to be no stopping it, but because noone actually needs gold, if things got really bad, it would just plummet... yes / no?

Gold is hugely overvalued at the mo and will be corrected at some point.

**DimPrawn** · 17 March 2008, 16:33

Originally posted by minsky1 View Post

What about the Northern Rock option? 100% of your loot is safe, not just the first 35k!

I'd tick option 6. Govt backed. Lets face it New Labour aren't going to let the UK go bankrupt like some 3rd world banana republic are they?

**DimPrawn** · 17 March 2008, 16:34

Originally posted by sasguru View Post

Gold is hugely overvalued at the mo and will be corrected at some point.

Adjust for inflation Gold is at 50% of it's last peak.

I'd say its got a long way to go yet.

**minsky1** · 17 March 2008, 16:36

Originally posted by DimPrawn View Post

I'd tick option 6. Govt backed. Lets face it New Labour aren't going to let the UK go bankrupt like some 3rd world banana republic are they?

Very true .... I did go for that one ..... fingers crossed for the premium bonds on the 1st .....

**TheFaQQer** · 17 March 2008, 16:38

The only really safe place is to put it all in National Lottery tickets.

or getting divorced from someone rich.

**Pinto** · 17 March 2008, 16:40

Worrying times indeed. I'm so lucky I haven't got any money.

**SueEllen** · 17 March 2008, 16:44

Originally posted by TheFaQQer View Post

The only really safe place is to put it all in National Lottery tickets.

or getting divorced from someone rich.

Your Heather Mills aren't you?

Cash and I mean cash stuffed in a mattress	10.61%	7 votes
Gold!	18.18%	12 votes
Buy To Let. Safe as houses.	7.58%	5 votes
Soft Commodities. Then Chinese and Indians gotta eat!	7.58%	5 votes
Banks and Buildling Societies. 6% interest. Yum	12.12%	8 votes
Premium bonds and other UK Govt backed savings. UK plc won't crumble.	15.15%	10 votes
Equities and shares. Buy low, sell high!	6.06%	4 votes
Overseas property. The boom has only just begun.	3.03%	2 votes
Tax havens like Monaco in a numbered bank account only.	6.06%	4 votes
AndyW's Post office account.	13.64%	9 votes

The only place your money is safe poll