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    Gold!

    Posted by Curious hatter on 13/9/2024, 8:01:07

    Is it worth buying, investing in.
    Want to retire early, so looking at ways to make that happen.

      Re: Gold!

      Posted by Andy Cappuccino on 13/9/2024, 10:54:09, in reply to "Gold!"

      If it looks like Trump will win, a load will be needed to redo the bathroom suites in the White House. After the immigrants eat pets comment, maybe not.

        Re: Gold!

        Posted by The Questioner on 13/9/2024, 9:54:24, in reply to "Gold!"

        It’s had a fantastic and does well when markets are volatile ( which they could well be if interest rate cuts don’t happen at the levels expected).
        If you do invest would recommend buying an etf which is hedged so you take away the risk of the dollar moving the wrong way.
        I buy the wisdomtree one which does the job.

          Re: Gold!

          Posted by The Questioner on 13/9/2024, 9:55:16, in reply to "Re: Gold!"

          Fantastic run…

          Re: Gold!

          Posted by Vladimir Luton on 13/9/2024, 9:41:40, in reply to "Gold!"

          It depends. As an investment, it's price is determined by supply/demand but also because it's seen as a reliable store of value in uncertain economic times, and inflation is rising.
          So do you want to invest in gold to make positive returns? If so I'm sure someone on here can recommend where to get decent advice.
          Do you think we're about to face volatile economic conditions? Maybe. War in Ukraine and Gaza might escalate threatening the price of oil. And if ol' Trumpy gets in to the White House that might cause a few global issues.
          Is inflation going to rise? This ties in to the oil supply issues but also food prices. But the new government seem to be keeping a lid on inflation for the time being. And it looks like they won't be splurging in the autumn budget.

            Re: Gold!

            Posted by shirley on 13/9/2024, 9:28:41, in reply to "Gold!"

            diamonds are a girls best friend

              Re: Gold!

              Posted by Buzzard on 13/9/2024, 8:34:41, in reply to "Gold!"

              Rolex watches.

              Innit

                Re: Gold!

                Posted by Wtf on 13/9/2024, 8:07:10, in reply to "Gold!"

                Have a word with Gordon Brown, he’s selling a load off very cheap.

                  Re: Gold!

                  Posted by T.k. on 13/9/2024, 8:07:37, in reply to "Re: Gold!"

                    Re: Gold!

                    Posted by Suffolk Punch on 13/9/2024, 11:16:58, in reply to "Re: Gold!"

                    A 2024 sov with Charlie's head on it will set you back about £450, according to an ad I saw recently. Not so many years ago sovs were worth around £350. There is something quite satisfying about handling bullion coin.

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