GOLD

[SPARKY]

best way to own gold?

G O L D on ASX represents 1/10 oz, is this a good option?

[shasta]

best way to own gold?

G O L D on ASX represents 1/10 oz, is this a good option?

Buying physical stuff can be expensive, depending where you get it.

AGG & NEM have 5m+/oz per year gold production operations

[Aussie]

best way to own gold?

G O L D on ASX represents 1/10 oz, is this a good option?

SPARKY, If I'm not mistaken, GOLD is an ETF. It's not the same as owning physical gold in your possession, it's a paper derivative. You will never be able to take delivery from an ETF. They are mostly used as a trading vehicle to gain exposure to the gold price.

If you want to own real gold that you can hold in your hand, then there is only one way to go . . . buy the real deal.

[devito]

If you count on gold to be your financial life saver, remember that its qualities as a flotation device are similar to those of lead.

[Aussie]

If you count on gold to be your financial life saver, remember that its qualities as a flotation device are similar to those of lead.

OK. Impart your wisdom devito, don't hit and run . . . what's your lifesaver? I'd be most interested to hear.

[devito]

Just a joke Aussie I was reading about Gold on another site and came across the saying.
cheers
Devito

[arco]

Hourly is trying to break through the cloud. Nice trade

[Aussie]

Gold down $15 in less than 2 hrs . . .

I think we have 80 on the USDX being defended . . . anything below would have seen gold moving through the US$1K barrier. I think there are some US Bond sales on the horizon. Dollar needs some wood!

Attachment 1597

[airedale]

Hi Aussie, agree that the USDX is being defended at 80. There may be a short-lived battle, but I think the USDX is going down further towards the low 70's sooner rather than later.

[Aussie]

Hi Aussie, agree that the USDX is being defended at 80. There may be a short-lived battle, but I think the USDX is going down further towards the low 70's sooner rather than later.

I'm with you on that one.