hi all does anyone know much about investing money in gold as i would like to start doing so but dont know to much about how to go about it

hi all does anyone know much about investing money in gold as i would like to start doing so but dont know to much about how to go about it

Can't help but think of gold as another bubble ready to burst myself.

I have never dealt or know much about such things myself but I have made a few investments in the past but you could buy shares in gold mining, or trade as an ETF commodity.

https://www.share.com/cgi-bin/oicgi.exe/inet_tsc_dl2?epic=BULP

I hope that link helps, I've used share.com for a while but I'm sure some other more knowledgeable forumers will tell me I'm all wrong.

good luck with whatever you do.

I think you can find bullion traders on the web.. http://www.bullionvault.com/

I think you can find bullion traders on the web.. http://www.bullionvault.com/

I've had a few quid in there for a while - highly recommended.

Buying shares in the mining companies tends to be less volatile than in the metal itself.

Here is some info about buying ETFs
http://etf.about.com/od/buyingetfs/tp/ETF_Buying_Considerations.htm
and Gold ETF funds specifically
http://www.etfgold.net/

And finally you've got bullion or coins, held yourself or in a vault. Buying British coins can work well as you avoid capital gains tax and VAT.

yes it seems gold in the way forward if you want to make lots of money, good luck in doing this

Gold has been increasing rapidly in value now for some time. Bubbles do burst.

I think the 1500 dollar/oz has been passed but i think the bubble will burst soon. The trend could continue but i think a reversal is due but world affairs normally dictate the price so who knows.

hi all does anyone know much about investing money in gold as i would like to start doing so but dont know to much about how to go about it
if you are going to jump in now and invest in gold i am afraid you missed the boat....well unless you have a serious amount of cash to invest for small mutiple returns, the smart money bought gold 2-3 years ago and are sitting on 100% plus profits.
mining companies are a better investment that are on the brink of a gold strike.. eg. Solomon Gold listed on the AIM stock market 400-600% profits on the share in the last 18months and they havent even started mining yet.
they have been as low as 4p went to 78p and then settled at 25p today, when they find a good seam or if share could go to £3+, give it a try
;)

hi all does anyone know much about investing money in gold as i would like to start doing so but dont know to much about how to go about it

IG Markets or CMC Markets. These are ones I use for CFD TRADING (License to make or lose money). You have to know what you are doing though so i would just advise buying shares in gold miners

Hi
you have got some good advice on here i would surgest looking at the history of gold prices before you invest and dont forget the pro`s will sell along time before you they are in the know you are not?

People are buying gold because it's supposed to retain it's value. I think that's going to change pretty soon, since more greedy people are doing it. It'll all end in tears.

You're saying that it's greedy to want to buy something that you think will retain it's value. You have some funny notions about what greed is.

You're saying that it's greedy to want to buy something that you think will retain it's value. You have some funny notions about what greed is.

And some odd notions about the value of stuff too.

Mecky: The higher the demand for something, the higher the price you have to pay to get it.

That said, I'd be selling my gold soon, if I had any.

if greed is wanting more than you need then were all guilty

well i wouldn't touch bullion vault with a bargepole but thats more due to a personal dislike of one of the co-owners rather than the business itself

well i wouldn't touch bullion vault with a bargepole but thats more due to a personal dislike of one of the co-owners rather than the business itself

Spill the beans, we like scandal:)

he's a two faced snooty **** who tried to persuade my husband not to marry me because i wasn't good enough :rant: , we ended up cancelling our wedding because of all the problems and eloping losing a lot of money in the process.

he's a two faced snooty **** who tried to persuade my husband not to marry me because i wasn't good enough :rant: , we ended up cancelling our wedding because of all the problems and eloping losing a lot of money in the process.

Sounds familiar. My pal wasn't good enough for his partner. He went from Zero th Hero ie Milionaire due to two industrial inventions. Funny how his wife and in laws thought his money was good enough when she left him for a coppa. He won in court mind as his wealth came when they were seperated not divorced. Coppa has now left her, I wonder why? You know who you are.

hi all does anyone know much about investing money in gold as i would like to start doing so but dont know to much about how to go about it

If you physically want to own gold the cheapest way is to buy Krugerrands. The price is the same as the ounce of pure gold that they contain.

I think the 1500 dollar/oz has been passed but i think the bubble will burst soon. The trend could continue but i think a reversal is due but world affairs normally dictate the price so who knows.

Wow, it sounds like Gordon Brown sold the countries gold reserves just in time then. I think he got something like $280/ounce. How many Ss are there in to....er?

hi all does anyone know much about investing money in gold as i would like to start doing so but dont know to much about how to go about it

I agree with NorthernStar. The fact that lots of people are wanting to invest in gold can only artificially inflate the price. Apparently commodities fell sharply last week. Brent Crude down 13%. That might be worth a punt. Oil is bound to go back up again.

http://www.fxstreet.com/technical/market-view/the-weekend-commodities-review0109/2011/05/09/

http://www.telegraph.co.uk/finance/oilprices/8501055/Dollar-triggered-commodities-flash-crash-not-Bin-Laden.html

we had shares in bullion vault from it's conception so got out while the going is still good leaving only a little in there to do what it will

George Soros, the hedge fund investor who called gold "the ultimate bubble", has sold almost his entire holding of the precious metal, leading to fears that the price is about to fall.

Bubble about to burst?

If you physically want to own gold the cheapest way is to buy Krugerrands. The price is the same as the ounce of pure gold that they contain.

I looked into this recently as I have no faith in the banks at the moment. I don't trust government issued currency as a safe place to keep your savings.

I agree that Krugerrands look like the best investment and Bairds seem to be the most reliable company to buy from:

http://www.goldline.co.uk/

I looked into this recently as I have no faith in the banks at the moment. I don't trust government issued currency as a safe place to keep your savings.


Why do you think gold is safer? Assuming the banks and the currency all collapse, what use is a pile of shiny metal going to be?

(Gold) gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.

This looks like a good topic. Thanks for the links in page one.

Why do you think gold is safer? Assuming the banks and the currency all collapse, what use is a pile of shiny metal going to be?

Go an take a look in the window at H Samuel and then reconsider whether gold has utility or not.
Or for that matter, take your PC apart, heat up the motherboard in the oven and catch all the gold that drips out...

It mainly has value because it's rare, but it does have industrial uses. If there was some sort of worldwide collapse it would still have value though, as someone would be rich again somewhere and would want to buy shiny things.

hi all does anyone know much about investing money in gold as i would like to start doing so but dont know to much about how to go about it

I know a private gold and silver dealer in Sheff

Pm me for details

The only sound investment is gold or silver !

No one can deny that ,

The first country to start backing thief currency with gold ( possibly china india as they are buying every single bit of new gold being dug up )

Will be the new dominant currency of the world

I suggest you tune into RT news , Russian today ,

Max kisser report is a very good progrmame

Much mor Honest story telling than say
Sky or BBC

The gold bubble will burst as gold has no real value.
There is a housing crisis. The laws of supply and demand dictate that the cost of property will increase.

Why do you think gold is safer? Assuming the banks and the currency all collapse, what use is a pile of shiny metal going to be?

Gold is recognized universally as precious

When the paper currency collapses any new currency will be backed up by gold

Just like it used too be !

The gold bubble will burst as gold has no real value.

And paper currency does have value ?

Are u for real ?

And paper currency does have value ?

Are u for real ?

Refer to my previous statement in its entirety. :roll:

Latest news today is that Scotland will start mining for gold. There are even machines in some shopping centres where you put in cash, and in exchange receive gold ingots.

Did anyone have a punt on this one at Kempton this evening? http://www.racingpost.com/horses/result_home.sd?race_id=540476&r_date=2011-10-26&popup=yes#results_top_tabs=re_&results_bottom_tabs=ANALYSIS

Gold is recognized universally as precious


Yes, but only because we perceive it to be previous.

When you invest, you are doing so because you want to either make an income or you want the value of your capital to increase. Gold cannot produce an income and the value of the capital will only increase so far, until people realise it's over priced. If you can buy cheap and sell expensive then you can make money, but that applies to anything, not just gold.

Refer to my previous statement in its entirety. :roll:

I got a real problem accepting some one van claim gold will have no value when the world economy finaly collapses !

Bob . The only thing which will have value will be gold and silver ( and may be a ak47 ) lol

Yes we are indeed headed towards complete economic collapse

And unless some one invents nuclear fusion so we all have cheap power it will not get averted by
Borrowing more money
Or my printing more cash

Plain and Simple

Yes, but only because we perceive it to be previous.

When you invest, you are doing so because you want to either make an income or you want the value of your capital to increase. Gold cannot produce an income and the value of the capital will only increase so far, until people realise it's over priced. If you can buy cheap and sell expensive then you can make money, but that applies to anything, not just gold.

You can't put a value on gold using $$

As when the $ collapses ( which of coarse it will ). Gold will dramiticaly increase in value

As every one will be trying to aquire some !

Is that simple enough to understand ?

I got a real problem accepting some one van claim gold will have no value when the world economy finaly collapses !

Bob . The only thing which will have value will be gold and silver ( and may be a ak47 ) lol

Yes we are indeed headed towards complete economic collapse


Not true. If we do indeed see a complete economic collapse, the things which will have value will be food, water, medicine, tools and knowledge (of how to survive, build etc). All the gold in the world won't help because someone with gold will simply want to swap it for these items. But nobody is going to swap food for gold during a famine unless they are very silly indeed.

Not true. If we do indeed see a complete economic collapse, the things which will have value will be food, water, medicine, tools and knowledge (of how to survive, build etc). All the gold in the world won't help because someone with gold will simply want to swap it for these items. But nobody is going to swap food for gold during a famine unless they are very silly indeed.

Obviously gold is not for you as an investment, but I'd advise anyone else to keep 10-20% of their wealth as physical gold.

It's something the Indians and Chinese have always believed in and with both those economies booming I don't see gold becoming a bad investment any time soon.

Obviously gold is not for you as an investment, but I'd advise anyone else to keep 10-20% of their wealth as physical gold.

It's something the Indians and Chinese have always believed in and with both those economies booming I don't see gold becoming a bad investment any time soon.

The Indian and Chinese economies will not be any longer booming if Western economies collapse.

You can't put a value on gold using $$

As when the $ collapses ( which of coarse it will ). Gold will dramiticaly increase in value



Against what?

If currencies collapse, then gold, the ultimate currency, will also collapse.

Go and buy penicillin.

Against what?

If currencies collapse, then gold, the ultimate currency, will also collapse.

Go and buy penicillin.

Just because one currency collapses, does not mean another will.

When the Zimbabwean dollar hyper inflated and collapsed, the £$ and € did not.

The Indian and Chinese economies will not be any longer booming if Western economies collapse.

There's some truth in that as they sell a lot of their manufactured products to the West. However, if Indians and Chinese see any risk to their investments they are likely to retreat to their traditional safe refuge which is gold.

Just because one currency collapses, does not mean another will.

When the Zimbabwean dollar hyper inflated and collapsed, the £$ and € did not.

No, but they were not closely related.

The £,$ and euro are.

No currencies will collapse though. The forces that bind them are much too strong.

No currencies will collapse though. The forces that bind them are much too strong.

How do you know this?

How do you know this?

I don't. I'm guessing, just like you.

I'll be right though. Until the Euro undergoes a controlled destruction in a few years. Anything else doesn't make sense for the vested interests.

I don't. I'm guessing, just like you.

I'll be right though. Until the Euro undergoes a controlled destruction in a few years. Anything else doesn't make sense for the vested interests.

I wish I had your confidence. Then I could give up the day job and make my money by speculating of currency markets.

No, but they were not closely related.

The £,$ and euro are.

No currencies will collapse though. The forces that bind them are much too strong.

How did that work out for the argentinians?