Question on gold

Discussion in 'Gold' started by Wout, May 9, 2011.

  1. Wout

    Wout New Member

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    Hey, Im thinking of spreading my risk a little by buying a bit of gold in relation to just owning silver..

    Just wondering is there any downside to buying the 1 oz cast bar from the Perth Mint?
     
    Wout, May 9, 2011
    #1
  2. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    They're small and easy to lose?
     
    Big A.D., May 9, 2011
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  3. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    But they have soft round edges, just in case you need to take them with you .... everywhere .. ;)
     
    Captain Kookaburra, May 9, 2011
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  4. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    Hmmmm now worried about potential future gold purchases involving one deviant bird.............
     
    Smoothcriminal, May 9, 2011
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  5. silverfunk

    silverfunk Active Member

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    no downside, only upside with gold.
     
    silverfunk, May 9, 2011
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  6. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    Just waiting for the Lunar Hamster! ;)
     
    Captain Kookaburra, May 9, 2011
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  7. pmfiend

    pmfiend New Member

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    plenty of sideways too
     
    pmfiend, May 9, 2011
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  8. Wout

    Wout New Member

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    Ok thanks, just think it is a good time with gold near $1400 and our dollar being relatively strong compared to other fiats

    cheers
     
    Wout, May 9, 2011
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  9. Smoothcriminal

    Smoothcriminal New Member Silver Stacker

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    I think so.

    I think gold has been bubbling away for a while and will see a rise shortly - it's also a nice hedge on the dollar IF (big if) the USD climbs out of the gutter AUD will drop but your gold will get more AUD.
     
    Smoothcriminal, May 9, 2011
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  10. hiho

    hiho Active Member Silver Stacker

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    Whenever I'm in doubt I always refer to Daffy


    [youtube]http://www.youtube.com/watch?v=-fU6VLVbA2A[/youtube]
     
    hiho, May 9, 2011
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  11. fishball

    fishball New Member Silver Stacker

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    NoOOoOoOO HEAD FOR THE HILLS GOLD IS IN A BUBBLE :)
     
    fishball, May 9, 2011
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  12. Nugget

    Nugget Well-Known Member Silver Stacker

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    This is just my opinion but it's worth spending a little extra to score a bullion coin :cool:
     
    Nugget, May 9, 2011
    #12

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