crikey you little gold expert
have you heard about the gold short ?
anyway, I hope is does drop 30% will also pile in
but based upon information in the public domain do not see it happening
various central banks it is said are pending increasing their holdings
gold producers have bought back their hedges
but let's see eh
Milan.
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Reply to: Some nice comforting doom
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Previously on "Some nice comforting doom"
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Originally posted by milanbenes View Post'A 20 or 30% drop in gold could happen any day now and I'll be piling in on any falls.'
how you know that ?
Milan.
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'A 20 or 30% drop in gold could happen any day now and I'll be piling in on any falls.'
how you know that ?
Milan.
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Originally posted by rootsnall View PostGold and foreign shares maybe !? But, for an aspiring mansion dweller and BTL king I'd stick with some cash. When we do finally have the real recession, in other words with a currency panic and high interest rates then you'll be quids in and can mop up oodles of cheap property.
ps. loads of the FTSE 100 Co's derive a good chunk of their income overseas
Buying more gold only on dips. A 20 or 30% drop in gold could happen any day now and I'll be piling in on any falls.
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Originally posted by DimPrawn View PostGood question. Buy property, buy gold, buy foreign shares and bonds, pray?
ps. loads of the FTSE 100 Co's derive a good chunk of their income overseas
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Perhaps it's best to diversify, a bit of gold, shares, property, ect. That way you are only guaranteed to lose money.
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Originally posted by milanbenes View PostTW,
more and more I get the feeling, you are not a decision maker.
this appears to be the classic iceberg situation.
Makes for a fantastic spectator sport.
Milan.
You either feel the world is ending or it isn't. If you feel it isn't, just spread your savings around a few high interes UK bank accounts and relax.
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Originally posted by milanbenes View PostTW,
more and more I get the feeling, you are not a decision maker.
this appears to be the classic iceberg situation.
Makes for a fantastic spectator sport.
Milan.
Leave a comment:
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TW,
more and more I get the feeling, you are not a decision maker.
this appears to be the classic iceberg situation.
Makes for a fantastic spectator sport.
Milan.
Leave a comment:
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Originally posted by DimPrawn View PostSo lets see. You are worried you are going to lose all your money, but then again you might be wrong and make 10p more in interest by doing nothing.
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Originally posted by TimberWolf View PostHow safe is money put into a Euro (or other currency) denominated account, e.g. with HSBC? And do they pay interest? - if it's sat there for years, you might lose more than if you had it in a Sterling account paying tiny interest?
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How safe is money put into a Euro (or other currency) denominated account, e.g. with HSBC? And do they pay interest? - if it's sat there for years, you might lose more than if you had it in a Sterling account paying tiny interest?
Leave a comment:
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