ay you goes from strength to strength

[sasguru]

Most people buy 'paper' gold don't they? Which, if things go to hell in a hand-cart, may not be worth the paper it's written on?

milan buys gold bullion delivered by pony and cart, which he buries in his decrepit falling-to-bits barn, next to his dilapidated peasant's hovel.

[milanbenes]

time for you to do some research

Milan.

[TimberWolf]

Most people buy 'paper' gold don't they? Which, if things go to hell in a hand-cart, may not be worth the paper it's written on?

[milanbenes]

you must of course do your own research


reading the latest research about the world's largest producer, Barrick,

http://news.google.com/news/search?a...ick+gold+hedge


it appears, for several reasons, the hedge funds are piling into Barrick



this would suggest the answer to your question is yes

pls do your own research

Milan.

[TimberWolf]

listen to these two

Sas, the reason I got into au was because I know nothing about this finance stuff and wanted somewhere safe and secure to store a % of wealth


those who know, know that a man should have 5% to 10% of his pennies in au as the secure foundation of an investment strategy

yes you may know more about derivitives and complex financial instruments, but I know the simple rules like:

. don't trust any pension product or the people who sell them

. if you need to borrow to buy something it means you cannot afford it

. shares can go down as well as up

. in the long term, property will always win and grow with inflation

. au will always be a transferable wealth holder and grow with inflation


simple rules which helps one to sleep peacefully at night what

Milan.

So is gold a good investment today?

[DimPrawn]

listen to these two

Sas, the reason I got into au was because I know nothing about this finance stuff and wanted somewhere safe and secure to store a % of wealth


those who know, know that a man should have 5% to 10% of his pennies in au as the secure foundation of an investment strategy

yes you may know more about derivitives and complex financial instruments, but I know the simple rules like:

. don't trust any pension product or the people who sell them

. if you need to borrow to buy something it means you cannot afford it

. shares can go down as well as up

. in the long term, property will always win and grow with inflation

. au will always be a transferable wealth holder and grow with inflation


simple rules which helps one to sleep peacefully at night what

Milan.

WHS.

[milanbenes]

listen to these two

Sas, the reason I got into au was because I know nothing about this finance stuff and wanted somewhere safe and secure to store a % of wealth


those who know, know that a man should have 5% to 10% of his pennies in au as the secure foundation of an investment strategy

yes you may know more about derivitives and complex financial instruments, but I know the simple rules like:

. don't trust any pension product or the people who sell them

. if you need to borrow to buy something it means you cannot afford it

. shares can go down as well as up

. in the long term, property will always win and grow with inflation

. au will always be a transferable wealth holder and grow with inflation


simple rules which helps one to sleep peacefully at night what

Milan.

[DimPrawn]

I love it when milan tries to be "sofistikated bout finance, innit".
Stick to tape changing and potato farming.
When people who are, shall we say, not up to it, get into finance they end up like Santa, slowly pissing their pittance into the wind.

WHS.

[sasguru]

I love it when milan tries to be "sofistikated bout finance, innit".
Stick to tape changing and potato farming.
When people who are, shall we say, not up to it, get into finance they end up like Santa, slowly pissing their pittance into the wind.

[DimPrawn]

Also by calling it AU, it marks you out as an amateur that got lucky. N E fool knos the currency code is XAU.

WHS.

[bobhope]

I'm not laughing. Your terribly repetetive use of the ay you pun has long since killed any laughter I had left

Also by calling it AU, it marks you out as an amateur that got lucky. N E fool knos the currency code is XAU.

[DiscoStu]

I'm not laughing. Your terribly repetetive use of the ay you pun has long since killed any laughter I had left

[milanbenes]

sign of the times

was reading a couple of days ago barick are going to buy back their hedges

the hedges have been holding back their growth for some years but their configence in the market price mean they will buy out the hedges and get the full benefit of the growth in ay you

which suggests there is more to come

in terms of divercifying barick is looking like an interesting play

what does the jury think ?

and don't keep quiet those of you who were laughing at i when ay you was 600 green backs

Milan.