Surviving the Recession

[Xenophon]

You may dream of having gold in a box somewhere and presumably the picture is completed by you parking outside in your flash car with the blonde waiting whilst you nip in a take some out.

If Milan is from Milan then he won't have a flash car. He'll have a scooter. Fact.

[Not So Wise]

Milan,
I am just questioning if Gold is a sure bet. I think not.

During a recession rare (or limited) commoditys like gold always increase in value as people pull out things like the stock market/currency trading and property (as these are normally going down)

During a boom the opasite normally happens

[Fungus]

During a recession rare (or limited) commoditys like gold always increase in value as people pull out things like the stock market/currency trading and property (as these are normally going down)

During a boom the opasite normally happens

Forget pork bellies or gold. Buy concrete.

China is consuming more than half the world's concrete and consumption is increasing.

Fungus.

[ancient]

During a recession rare (or limited) commoditys like gold always increase in value as people pull out things like the stock market/currency trading and property (as these are normally going down)

During a boom the opasite normally happens

Yes, but Asia is also a major gold consumer, and a good dose of bird flu could damage the demand side.

This bird flu thing once (if) it hits is going to be a big thing.

Markets can be slow to react, I am thinking of taking my money out of the market.

That said, I would rather hold portable and tangable gold bars, rather than some debt ridden yankee dollars, pounds or euros

[ancient]

Market Data

Last Updated: Thursday, 06 October, 2005, 19:53 GMT 20:53 UK

price change %
Brent Crude Oil 58.61 4.74 7.5

West Texas Intermediate Crude Oil 61.20 4.95 7.5

GTIS Forex Gold Index 473.30 8.60 1.9


- At last the oil price appears to be going down (-7.5%) - Perhaps good for Japan, US, and Europe

- Gold is up a little today (+1.9%)

http://newsvote.bbc.co.uk/1/shared/f...ew/default.stm

[thunderlizard]

Buy shares in Iceland, Asda, Matalan and Greggs. Nuff said.

[Lucifer Box]

Invest in booze 'n' fag companies - recession proof.

[Not So Wise]

I've never heard gold bars described as portable before...

Buy yourself a truss before picking one up.

Property/Land = Non portable
Gold,Jems,Cash = Portable

Though i have heard of some currencys being classed as "non portable" due to restrictions placed on them by the issueing government.

[threaded]

Buy shares in Iceland, Asda, Matalan and Greggs. Nuff said.

Maybe not, the Icelandic economy is having major problems because that guy is making so much money.

[WageSlave]

If you want to make big bucks, invest in my production company. Just because the recession is biting doesn't mean people have to give up the old wrist action.

I currently have "Nina's nudie shopping spree" in production. It's bound to be a ratings winner!