Why you should invest in Gold Why you should invest in Gold
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  1. #1

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    Default Why you should invest in Gold

    If you are thinking why is my pension fund going down then you are not alone, like this guy
    seeing a huge reduction in pension values as more and more withdraw their money

    ‘How did my pension drop by £122,000 in a few weeks?’

    Although there are many reasons for this the one that I believe is the most damming factor is QE , from the graph below 25% of UK debt is due to QE , printed money that is watering down the rest of the pot.


    https://www.economicshelp.org/blog/6...ernment-money/

    You might think as the QE gets paid back , by the way its your debt not the BoE , then pensions will increase in value but I dont believe that this is the case. From the analysis here you can see that we wont be paying any deficit down until 2060 , when all of you except Vetran will be long gone, so UK Gov will be borrowing more to replace the borrowing they paid back and QE comes with the lowest rates.

    Britain's debt will not fall to 2008 levels until 2060s, IFS says in startling warning | The Independent


    As your getting about 4.3K average right now per 100K from a pension fund then property is out of the question unless you rent in London , income tax and maintenance costs pretty much make this a non starter as your not likely to make a lot more than the 4.3K profit even if you get a good payer.

    Therefore the only real option is gold
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  2. #2

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    how about don't buy an annuity?


    Whilst gold could make up part of your portfolio, to invest the lot in gold is madness. Diversification is the key.
    See You Next Tuesday

  3. #3

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    What about bitcoin?

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    Quote Originally Posted by BrilloPad View Post
    What about bitcoin?
    Stock markets , Bitcoin , currencies all over inflated right now , the only way is gold stash it in the spare tyre of your Morris Minor burglars will never find it.
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    Quote Originally Posted by motoukenin View Post
    Stock markets , Bitcoin , currencies all over inflated right now , the only way is gold stash it in the spare tyre of your Morris Minor burglars will never find it.
    ALL currencies over-inflated? Every one of them?

    You know what you're saying don't you?
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    Quote Originally Posted by Lance View Post
    ALL currencies over-inflated? Every one of them?

    You know what you're saying don't you?
    Pound is the world's most overvalued currency, UBS says - Business Insider

    I would say same for Dollar , Euro as well but if you want to invest in Rai stones then be my guest
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    Quote Originally Posted by motoukenin View Post
    Pound is the world's most overvalued currency, UBS says - Business Insider

    I would say same for Dollar , Euro as well but if you want to invest in Rai stones then be my guest

    a) The word you want is over-valued. Inflation is something quite different to value.

    b) They can't all be over-valued. They have a value relative to each other. If the GBP is over-valued against the USD then you can equally say the USD is under-valued against the GBP.

    c) Investing your life-savings in gold is madness. Still. Same with BTC.
    See You Next Tuesday

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    Tinned food. Water containers. Wet wipes. Guns.

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    Quote Originally Posted by BrilloPad View Post
    Tinned food. Water containers. Wet wipes. Guns.
    and a wikiup in wales.
    Entropy is NOT what it used to be.
    Inertia, however........................

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    Quote Originally Posted by motoukenin View Post
    the only way is gold stash it in the spare tyre of your Morris Minor
    The spare tyre? Of a Morris Minor??? INKSPE....


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