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 Gold Investment Corner V8, All About Gold

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Tm89
post Dec 29 2015, 10:27 AM

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How do you guys typically monitor Gold price?
Do you have a preferred app?

Did a sideproject with a friend to build a clean, lightweight Gold and Silver price monitor app & widget for Android
Try it at Gold Silver Price Now @ Google Play Store

If that sounds interesting, let me know what you think? Happy to find ways to improve on it. smile.gif

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Tm89
post Mar 28 2016, 10:42 AM

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QUOTE(mea05key @ Mar 27 2016, 08:53 AM)
Physical gold will require storage place, no?
*
I supposed it depends on your investment plan and risk appetite.

If you are a short to medium term Gold trader, it may be a good idea to buy paper gold.
However, if you are looking to use Gold investment as a super long term, hedge against financial system, you will want those physical bullions.
Granted there is a storage cost, but this is an investment allocation that sits outside of the financial system.
Tm89
post Mar 29 2016, 10:08 AM

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Joined: Nov 2004



QUOTE(mea05key @ Mar 28 2016, 03:54 PM)
Can I ask why physical bullions are better for long term?
*
In the super long term, a financial collapse is likely.
Holding your gold held by a financial institution is as good as having a deposit with a bank.
There will be bank runs or they may freeze withdrawal of your assets in that event.

This post has been edited by Tm89: Mar 29 2016, 10:08 AM

 

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