BULLION BY POST

I'm thinking about investing in gold.Anyone bought any ? Any tips ?

I'm thinking about investing in gold.Anyone bought any ? Any tips ?

I know where you can get some low premiums and insured delivery

Personally I think you are 3 years to late

Personally I think you are 3 years to late

Was about to say that.

I started about 8 years ago and have now sold all my bullion.

i understand your concerns but two years ago the price was about £1,100 an oz,now today its £778 an oz.Maybe it's the right time to invest seeing as it's dropped so dramatically ,hopefully its reached the bottom and won't drop much further.
Some say the future gold price in years to come could be £2000-£3000 per oz.

i understand your concerns but two years ago the price was about £1,100 an oz,now today its £778 an oz.Maybe it's the right time to invest seeing as it's dropped so dramatically ,hopefully its reached the bottom and won't drop much further.
Some say the future gold price in years to come could be £2000-£3000 per oz.

That was unnaturally high though, it wasn't a true level.

I invested $10,000 USD in 2005 I think it was.

When I invested I think it was around $335 per oz and I sold when it hit $1000.

I won't be investing again until it reaches $500 or so, which I cant see in the immediate future.

Maybe it was unusually high.I think I'll just keep an eye on the price for the time being.Thanks for your input

i understand your concerns but two years ago the price was about £1,100 an oz,now today its £778 an oz.Maybe it's the right time to invest seeing as it's dropped so dramatically ,hopefully its reached the bottom and won't drop much further.
Some say the future gold price in years to come could be £2000-£3000 per oz.

That was unnaturally high though, it wasn't a true level.

I invested $10,000 USD in 2005 I think it was.

When I invested I think it was around $335 per oz and I sold when it hit $1000.

I won't be investing again until it reaches $500 or so, which I cant see in the immediate future.

Completely agree

i understand your concerns but two years ago the price was about £1,100 an oz,now today its £778 an oz.Maybe it's the right time to invest seeing as it's dropped so dramatically ,hopefully its reached the bottom and won't drop much further.
Some say the future gold price in years to come could be £2000-£3000 per oz.

dont touch any precious metal with a barge pole atmo

probably one of the most idiotic investments you could make, you will lose money or if you make money it will be minimal.

the price of gold and silver today is lower than the peak you are correct but you need to look further back.

10 years ago gold was around £200 an ounce now you will pay over £750 an ounce (todays price: £777.73 per ounce) and unless the world economy crashes again it will only go down.

Do not get conned by bullion by post these people are desperate to get rid of their gold because in the next 5-10 years they are set to lose a truck load of money.

remember about 6 years ago when companies were desperate to pay cash for your gold? its because these companies would pay you current market price for your gold (if that) knowing they would make a good return in 5-8 years time.

welcome to the game and atmo its a game people are desperate to get out of and you would be very foolish to get into.

Thanks jonnyo

I would say don't buy if you're looking for a quick profit in 1-2 years but think of gold as something to lock away and look at again in 10-20 years time in my opinion. For short term investments gold is too volatile.

Take a punt on shares if you've got money to spare

Brinksmat bonded import store heathrow airport...........was quite popular at one time.

Gold is £780 oz today.It's on it's way back up.

£789 oz still rising

Gold is now £800 oz , up £22 since you posted Spartacus.Definitely on the rise.

Gold is now £800 oz , up £22 since you posted Spartacus.Definitely on the rise.

It will always fluctuate slightly. Its not a good investment though.

£800 risky investment to gain £22? Not for me.

Gold prices are in line with our economy, the worse it gets the higher old prices get. After the double dip recession gold will only go down now - regardless of the odd fluctuation.

I'm sure the double dip recession happened quite a while ago and employment, disposable income and GDP was up.

I'm sure the double dip recession happened quite a while ago and employment, disposable income and GDP was up.

Which is why gold is now a bad investment....

With the economy recovering, gold will generally now be going down in price. The odd £20-£30 swing is nothing and isnt a trend.

I'm sure the double dip recession happened quite a while ago and employment, disposable income and GDP was up.

Which is why gold is now a bad investment....

With the economy recovering, gold will generally now be going down in price. The odd £20-£30 swing is nothing and isnt a trend.

Ah right.

As you say £20-£30 pound swing is not a lot to us but to the big investers investing millions its a tidy profit.

As you say £20-£30 pound swing is not a lot to us but to the big investers investing millions its a tidy profit.

Nobody will be investing millions for the reasons I just explained.

Why would you risk millions on something that IS on its way down in price and will only continue to fall? An upturn of £22 on a stock worth £800 is nothing, its a small fluctuation and not a trend... Its less than 3%.

For example my $10,000 investment rose nearly 350% which is why I invested. The economy was always going to go into meltdown after the willy nilly bank loans. Right now, the economy is strengthening meaning gold WILL be losing value. So nobody would risk anything significant on a commodity such as gold.

Investers in the city of London invest hundreds of millions for short term gain ,1 million equals just over 28,000 profit since this thread was started.Big investor's will be all over this rising gold price.

Investers in the city of London invest hundreds of millions for short term gain ,1 million equals just over 28,000 profit since this thread was started.Big investor's will be all over this rising gold price.

Investers invest in something that only has one way to go with a trend. Like I said, this is not a trend and is against the natural flow of the price.

Nobody will be investing big money into gold right now. And if they have then a fool and their money is soon parted as they say.

Anybody investing in gold now is wrong to do so, whether the orice increses slightly is irrelevant. It is a ridiculous investment.

£821 oz still rising

£821 oz still rising

I will happily wager with you it will reach £700 before £900.

Its not rising, not by trend anyway.

Take a punt on shares if you've got money to spare

QFI on AIM worth a look

Take a punt on shares if you've got money to spare

QFI on AIM worth a look

what do you know?

Take a punt on shares if you've got money to spare

QFI on AIM worth a look

what do you know?

Got told about it by a mate then did my research . A very good prospect in my opinion . Very experienced mgt team and secured a long term contract with a major shipping co . However on AIM so very volatile day to day .