Page 1 of 13 123411 ... LastLast
Results 1 to 10 of 125

Thread: Gold prices

  1. #1
    Members Mustafa's Avatar
    Join Date
    Jul 2003
    Location
    Hove
    Posts
    13,712

    Gold prices


    0 Not allowed!
    Apparently because of ongoing US-China trade war amongst other reasons, gold prices have gone through the roof again.

    I bought some gold bullion a few years ago when I had some extra cash, not thinking I'd make the money back any time soon. However I could sell it today at a tidy profit.

    I don't really need the cash, but it seems sensible to sell it while the prices are this high. Or is gold one of those things, like houses, that will always go up in price?

    • North Stand Chat

      advertising
      Join Date: Jul 2003
      Posts: Lots

        


    • #2
      Members Stat Brother's Avatar
      Join Date
      Jul 2003
      Location
      West west west Sussex
      Posts
      53,652


      0 Not allowed!
      I've read that and read it again.
      I can't see any possible reason why you might get some less than helpful advise, so crack on.


      As you were.
      “Melancholy is incompatible with bicycling.” James E Starrs
      Rarely serious, frequently taken seriously.

      .
    • #3
      Members dazzer6666's Avatar
      Join Date
      Mar 2013
      Location
      Burgess Hill
      Posts
      27,503


      1 Not allowed!
      It about where it’s peaked in each of the last 3 years or so, and miles off the highs of 2011/12/13 isn’t it ?
      "Prejudice is a great time saver. You can form opinions without having to get the facts"
    • #4
      Members Mustafa's Avatar
      Join Date
      Jul 2003
      Location
      Hove
      Posts
      13,712


      0 Not allowed!
      Quote Originally Posted by dazzer6666 View Post
      This quote is hidden because you are ignoring this member. Show Quote
      It about where it’s peaked in each of the last 3 years or so, and miles off the highs of 2011/12/13 isn’t it ?
      That would explain why they're so eager to buy it back. Perhaps they are anticipating that following Brexit we might see another surge & it's worth hanging onto.
    • #5
      Members Biscuit Barrel's Avatar
      Join Date
      Jan 2014
      Location
      Southwick
      Posts
      1,278


      7 Not allowed!
      Quote Originally Posted by Mustafa View Post
      This quote is hidden because you are ignoring this member. Show Quote
      Apparently because of ongoing US-China trade war amongst other reasons, gold prices have gone through the roof again.

      I bought some gold bullion a few years ago when I had some extra cash, not thinking I'd make the money back any time soon. However I could sell it today at a tidy profit.

      I don't really need the cash, but it seems sensible to sell it while the prices are this high. Or is gold one of those things, like houses, that will always go up in price?
      Sell the gold and give me the money.
    • #6
      Members nicko31's Avatar
      Join Date
      Jan 2010
      Location
      A long way from the coast...
      Posts
      9,042


      0 Not allowed!
      Quote Originally Posted by Mustafa View Post
      This quote is hidden because you are ignoring this member. Show Quote
      Apparently because of ongoing US-China trade war amongst other reasons, gold prices have gone through the roof again.

      I bought some gold bullion a few years ago when I had some extra cash, not thinking I'd make the money back any time soon. However I could sell it today at a tidy profit.

      I don't really need the cash, but it seems sensible to sell it while the prices are this high. Or is gold one of those things, like houses, that will always go up in price?
      Its a way of keeping out of GBP in uncertain times. Could do worse right now...
      The party told you to reject the evidence of your eyes and ears. It was their final, most essential command - George Orwell, 1984
    • #7
      tinky ****in winky sydney's Avatar
      Join Date
      Jul 2003
      Location
      town full of eejits
      Posts
      11,966


      0 Not allowed!
      Quote Originally Posted by Mustafa View Post
      This quote is hidden because you are ignoring this member. Show Quote
      Apparently because of ongoing US-China trade war amongst other reasons, gold prices have gone through the roof again.

      I bought some gold bullion a few years ago when I had some extra cash, not thinking I'd make the money back any time soon. However I could sell it today at a tidy profit.

      I don't really need the cash, but it seems sensible to sell it while the prices are this high. Or is gold one of those things, like houses, that will always go up in price?
      gold will never drop in price .....if you don't need the money let it ride , it is tipped to keep rising at a very healthy rate.......
      FLOUNDERING...!!!
    • #8
      Members dazzer6666's Avatar
      Join Date
      Mar 2013
      Location
      Burgess Hill
      Posts
      27,503


      3 Not allowed!
      Quote Originally Posted by sydney View Post
      This quote is hidden because you are ignoring this member. Show Quote
      gold will never drop in price .....
      Eh ?
      "Prejudice is a great time saver. You can form opinions without having to get the facts"
    • #9
      On the road... Driver8's Avatar
      Join Date
      Jul 2005
      Location
      North Wales
      Posts
      12,844


      1 Not allowed!
      Quote Originally Posted by sydney View Post
      This quote is hidden because you are ignoring this member. Show Quote
      gold will never drop in price .....if you don't need the money let it ride , it is tipped to keep rising at a very healthy rate.......
      Gold prices go up and down just like any other investment. It does well in uncertain times but when things settle down the price will fall again.
    • #10
      Members Albion Dan's Avatar
      Join Date
      Jul 2003
      Location
      Peckham
      Posts
      8,926


      2 Not allowed!
      Quote Originally Posted by sydney View Post
      This quote is hidden because you are ignoring this member. Show Quote
      gold will never drop in price .....if you don't need the money let it ride , it is tipped to keep rising at a very healthy rate.......
      The price of gold has dropped many times. We are about to head into some serious global financial volatility and I can see a dramatic impact on fiat currency so this is what is driving the investment in gold which will be seen as a more stable commodity for a while to come I’d imagine. I’d hold but don’t be afraid to cash some out if it skyrockets. For the same reasons I believe Bitcoin is also going to flourish.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •