Investing in gold, good idea or not really?

[armstrong010]

Just wondering about your opinions on investing in gold.I'm interested to buy gold and buy silver. it seems like a good idea because gold dosent drop in value too often, i found an interesting site that is in Toronto and UK that sells commodities for really good prices.

Does anybody have any good experience with this cachemetals site
www.cachemetals.com or can anyone recommend any other websites to buy bullion products from.

Thanks, Bill A.

 

[harryboon]

Gold tends to be a solid investment, most people would agree - however always be careful off whom you buy it, look around and get expert advice

 

[Wholesale-Dealer]

I think it is a very good idea because the worth of paper money can collapse but the worth of gold can't collapse

 

[vvaannmmaann]

Gold plated spam?

 

[sherbert]

I buy Krugar Rands when I'm flush and stash them away, you can buy them as one ounce, a half ounce, a quarter ounce and I think a tenth ounce.
Gold is quoted as the price of an ounce so it is easy to see what your Krugar Rand is worth as a one ounce coin contains exactly one ounce of gold (plus a small amount of copper).
Easy to sell at what ever the gold price is that day.

 

[marque]

Gold plated spam? with a nice affiliate link to match......

 

[armstrong010]

Thanks for the input, i dont know what gold plated spam supposed to mean but i found the link on another site talking about investing in gold.

Krugar rands sounds interesting, is there a site where they sell them?

 

[popunder]

I believe the smart money is in silver rather than gold, don't know the details but something to do with the ratio between the per-ounce price being out of step with historical trends, gold has rocketed but silver hasn't and should catch up eventually.

If you don't want to invest in actual bullion you can buy shares in, or funds focussed on, metals and mining companies. Not a very ethical investment though - 30 tons of toxic waste are produced for every ounce of gold mined.

 

Smart money is in gas

 

[directmarketingadvice]

but the worth of gold can't collapse

Madness.

Take a look at the early 1980s:

Steve

 

[vvaannmmaann]

And now 24 carat spam.Fantastic.

 

[KM-Tiger]

Easy to sell at what ever the gold price is that day.

Yes, as a certain Mr Brown found out.

 

[anderson]

you may not want to invest in gold is that is simply does not offer any kind of earnings from interest. The only way to grow your investments over a long period would be to invest your money in things that are going to provide you with a return. The best things that provide returns are stocks, bonds, equities, and hard assets. They are sure to get some kind of return compared to gold who basically just sits there and does nothing but go up and down in price.

 

They are sure to get some kind of return compared to gold who basically just sits there and does nothing but go up and down in price.

As opposed to stocks and shares.

Earl

 

[Faith28]

Well whoever started this thread and bought silver and gold will be quite happy today

I bought a few silver coins last year and they have doubled at spot price althought they can fetch a small premium above this.

 

[MASSEY]

Another spammer link got through the net

Golds a funny old game. It's something that is not needed yet everyone wants some

The market fluctuates quite heavily, I remember getting a price on a chain to pawn, going back the next day and getting an extra 20 quid because the prices had risen in the space of a day.

 

[Faith28]

Another spammer link got through the net

Golds a funny old game. It's something that is not needed yet everyone wants some

The market fluctuates quite heavily, I remember getting a price on a chain to pawn, going back the next day and getting an extra 20 quid because the prices had risen in the space of a day.

Price is fluctuating but the trend is UP since 2001.

The signs are simply due to fear over economic problems in the world - those have not disappeared until these are resolved the trend will continue to go up.

 

[hmmm]

silver...........

 

[Working First Aid]

As an ex home trader, be aware that nothing is a sure thing. There is no one type of currency or commodity that is guaranteed to offer a steady increase in value; Just remember to spread your risk across multiple investments and you should cover potential losses well enough.

In the grand scheme of things though, silver would be my personal choice.

Just find a free charting system and look at a monthly chart (every input represents one month). This will give you a good view in to history as well as show you a reliable trend. Only the most major of news events will interfere with a monthly chart (think 9/11 or Iraq)...

Shaun
Working First Aid

 

[hmmm]

in a world of green paper collapse and the recovery not to happen any time soon ,back in time trades and investment are the temporary future or due to possible other factors the future for some length of time..i guess its like the stocks and shares its a gamble on what you see ahead but either way metals are a sure fire investment at this time imo.....

 

[hmmm]

if your thinking of buying gold from belarus dont bother theyve stop selling it apparently


hmmmm

 

[hmmm]

you may want to look at investing in food as well as metals. basic needs even

 

[Bizzy-B]

Smart money is in gas

Why do you say that?, is it because it would rise in the future, will demand increase for gas?

 

[hmmm]

i also hear bunkers are big business of late.

hmmmm

 

[hmmm]

did you buy gold and other metals ?