Originally posted by milanbenes
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Soaring price of gold indicates rocketing inflation next year
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SA says;
Well you looked so stylish I thought you batted for the other camp - thats like the ultimate compliment!
I couldn't imagine you ever having a hair out of place!
n5gooner is awarded +5 Xeno Geek Points.(whatever these are) -
Originally posted by n5goonergold does have a value, and that value is increasing and has done for many, many years, there are places that will sell you gold bars in the UK, small ones at about £150 per time, but you will find for a small time invester gold coins are worth more. The draw back is you don't get any income from gold, no div's, no rent, no interest. However if you have some money and want to keep it for a rainy day, your bank accounts have reserves in them, then get some gold.....I know I have, and will continue to do so in the future.
Me too.....I've got f**king piles of the stuff lying around at home.I don't know my arse from an hole in the groundComment
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Originally posted by ClownioMe too.....I've got f**king piles of the stuff lying around at home.
Yeah! My Guide dog keeps doing piles at home as wellComment
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"is wealth your total "worth" in a money term, do you count property, other investments etc......",
wealth is everything, property, shares, cash, the lot
20% of the total should be gold
I would imagine most in the UK are weighted more to the property side in terms of % of their wealth
Milan.Comment
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Originally posted by PhoenixYeah! My Guide dog keeps doing piles at home as wellSA says;
Well you looked so stylish I thought you batted for the other camp - thats like the ultimate compliment!
I couldn't imagine you ever having a hair out of place!
n5gooner is awarded +5 Xeno Geek Points.(whatever these are)Comment
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Originally posted by milanbenes"is wealth your total "worth" in a money term, do you count property, other investments etc......",
wealth is everything, property, shares, cash, the lot
20% of the total should be gold
I would imagine most in the UK are weighted more to the property side in terms of % of their wealth
Milan.
What utter bo11ocks !
What colour is the sky on your planet Milan ?I don't know my arse from an hole in the groundComment
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depends how interested you are in preserving your wealth for the future,
if you have nout then of course it looks like nonsense, if you have something worth protecting then following a little research it will begin to make sense
horses for courses eh, keep releasing that equity from your house, you'll be laughing
Milan.Comment
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You don't have to buy gold.
Equities are basically inflation proof, and when interest rates (and inflation is low) you keep buying short term bonds that mature in a year and then rebuy, so at least you're protected against bond crashes.
Good investments at the moments are US company bonds (short term) there is a risk of default at the moment eg GM, Ford but the premium outweighs the risk.I'm alright JackComment
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