Gold Investment Corner V8, All About Gold
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 Apr 11 2015, 12:12 PM
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#1
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Senior Member
4,522 posts Joined: Jan 2003 From: Mordor, Middle Earth.  
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QUOTE(cherroy @ Apr 9 2015, 03:00 PM) With GST started, it makes physical lesser attractive compared to gold investment account. it is already less attractive to begin with even b4 GST.Whereby physical buying will incur GST, while gold investment account none.  Physical gold can be robbed. IMHO I fail to see any point to buy physical other than personal collection/jewelry purpose  |
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Apr 11 2015, 10:50 PM
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#2
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Senior Member
4,522 posts Joined: Jan 2003 From: Mordor, Middle Earth.
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QUOTE(alexkos @ Apr 11 2015, 07:15 PM) well, both gold and silver are used as medium of exchange all the way until 1970s when Bretton Woods monetary system collapses. US Dollar is no longer backed by gold, and now US prints their way to prosperity, robbing the prosperity of other countries by continually issuing bonds. well as long as USD are use to price commodities, they can pretty much do that. google us debt clock. google gold silver hyperinflation google financial collapse 2015 and...maybe google physical gold easily stolen as well. Your call =) |
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May 9 2015, 06:58 AM
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#3
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Senior Member
4,522 posts Joined: Jan 2003 From: Mordor, Middle Earth.
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with the gold price stop appreciating now, I am not even sure it is worth invest anymore
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May 9 2015, 12:02 PM
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#4
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Senior Member
4,522 posts Joined: Jan 2003 From: Mordor, Middle Earth.
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QUOTE(call me random @ May 9 2015, 08:20 AM) thats quite a big word there then whats stopping u from getting more? i got in when its already low price, happy with it now, until i get more of them, pls dont go up just yet  |
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May 13 2015, 10:20 AM
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#5
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Senior Member
4,522 posts Joined: Jan 2003 From: Mordor, Middle Earth.
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QUOTE(nexona88 @ May 12 2015, 05:05 PM) Gold struggles below $1,200 as dollar firms it is quite possible it never will go up for many years, just like the aftermath of the 1980 bullrun. http://in.reuters.com/article/2015/05/12/m...N0NX02Q20150512 |
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