Tue, 02 Jun 2009
Troy’s Blog
Hi gents,
I hope you are all well and enjoying the weather.
I'm stuck for this months investment. I am thinking of getting into gold as I think now might be a good time to buy. But I can't really find a good way of getting into it. I have been put off a bit by some info I was reading about how ETF's in Gold are skewed and not really linked to the prices - is this true? They were saying that they don't represent good value.
I would also prefer to get something UK based as the dollar will no doubt continue its slide.
Could you point me in a direction?
Thanks gents and hopefully catch you soon.
Troy.
p.s. Seen my Quiksilver shares!
Stephen’s reply: “I’m not convinced Gold will do much better from here on in and it’s not really the hedge against (potential) inflation that it pretends. ETF/C is the easiest way in if you’re not intending to trade.”
posted at: 13:47 | path: | permanent link to this entry