Gold Anyone?

[RadX]

Recent drops in Gold makes interesting news

 

 

 

 

Gold Drop Spurs Demand From Indian Bazaar to Chinese Mall

 

 

Shoppers in China lined up for gold this week, while in Hong Kong they rushed to buy bracelets and in India sought jewelry for weddings not set until December. The metal

[Gee]

wah seh..

buy buy buy!

[WTF]

so your company's product should be cheaper now right??? "Gold Paper" should have dropped price quite a lot mah.........

[Othello]

pity my friend holding on to Genneva Gold

[Wasted]

Wonder how low can it go ...

 

 

[Freestylers09]

looking to enter when hit 1200 leh..dun noe can bo..lol

[Lala81]

pity my friend holding on to Genneva Gold

 

that is worth as much as the paper it's printed on and the imaginary value held in a person's head

[Galantspeedz]

2004 was 200+, 2009 was 800+.... now still seem high

[Jamesc]

It just goes to show that people who keep shouting

 

Obama's policies and Ben Bernanke's policies are all rubbish

 

are completely wrong.

 

Dow is up and gold is down.

 

 

 

[Duckduck]

its the papers which r more volatile, physical always lag, but always rem the biggest buyers have been central banks, not uncle auntie at bazaar.

[Unitek]

for newbie like me, what is the best way to invest in gold? Some say buy PAMP gold, some say open gold saving account and other suggest riskier way through ETF.

Any advise?

[Solar]

for newbie like me, what is the best way to invest in gold? Some say buy PAMP gold, some say open gold saving account and other suggest riskier way through ETF.

Any advise?

 

bought a few 1oz kangaroo & maple coins earlier this week

prefer touchy feely than just a savings account. no need pay storage also.

[Vid]

I think there is still room for gold to drop. Probably until $1100+

[Jamesc]

for newbie like me, what is the best way to invest in gold? Some say buy PAMP gold, some say open gold saving account and other suggest riskier way through ETF.

Any advise?

The real problem is storage. You have to think where to keep the gold?

 

My suggestion is you buy the gold and I store for you at no change.

 

If the price goes up I will sell for you and give you the money.

 

If the price of gold goes down, I will pay you the difference.

 

Hence you don't have to worry about storage and never lose

 

any money.

 

[Duckduck]

for newbie like me, what is the best way to invest in gold? Some say buy PAMP gold, some say open gold saving account and other suggest riskier way through ETF.

Any advise?

 

for long term inflation hedge, i suggest buying an all gold rolex submariner, coz if paper price drops, at least u still feel good by wearing it out, then when prices jump back up, can trade in 2nd hand n wont lose much

[Mllcg]

The real problem is storage. You have to think where to keep the gold?

 

My suggestion is you buy the gold and I store for you at no change.

 

If the price goes up I will sell for you and give you the money.

 

If the price of gold goes down, I will pay you the difference.

 

Hence you don't have to worry about storage and never lose

 

any money.

 

 

if its 1 or 2 gold bars, can store at home

[Deckbuild]

Just like COE drop abit and everyone queue to buy car...

[Moredhel]

I think there is still room for gold to drop. Probably until $1100+

 

Agree. Gold production at 900 all in, so profit margins still high based on todays selling price 1390.

 

Prices buoyed by Indians buying gold in large amounts though.

 

Will stack on more at 1150 on more news of economy picking up and fatboy giving up his antics.

 

Currently at 60 long 40 short but holdings at lowest level.