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Gold

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    Gold

    Anyone got any knowledge on whether its worth buying gold right now ? what with QE, potential -ve BOE rates, etc.. Im no expert but I was 'advised' by some (unqualified) person that it might be a clever move.... ie. move liquid assets to gold...

    Thanks

    #2
    Over to you Scooty...

    His heart is in the right place - shame we can't say the same about his brain...

    Comment


      #3
      Originally posted by Mordac View Post
      Over to you Scooty...
      Psst, MeIsMark, do the opposite of what he recommends. It's a proven strategy.

      Comment


        #4
        Ask in the stock mkt crash thread.
        It's jammed full of experts <at least they claim to be>

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          #5
          Never try to time the market. The only reason to buy gold is as to minimise exposure for your whole portfolio. I use palladium, rather than gold for this purpose.
          Down with racism. Long live miscegenation!

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            #6
            I am not qualified or regulated to give financial advice.
            First Law of Contracting: Only the strong survive

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              #7
              Yes, I have some knowledge. It will cost you one troy ounce of Au.

              Comment


                #8
                Originally posted by NotAllThere View Post
                I use palladium, rather than gold for this purpose.
                You have shares in the Theatre?

                Comment


                  #9
                  Originally posted by NotAllThere View Post
                  Never try to time the market. The only reason to buy gold is as to minimise exposure for your whole portfolio. I use palladium, rather than gold for this purpose.

                  I prefer minimised exposure to uranium, although I'd also consider cobalt thorium G. Zeity may weigh in with advice on that one.
                  …Maybe we ain’t that young anymore

                  Comment


                    #10
                    Alternatively exploding a small very dirty nuclear device in Fort Knox might help your assets appreciate.

                    Here's an instructional video on How Not To Do It.

                    When the fun stops, STOP.

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