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  • #16
    Can't eat gold.....

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    • #17
      I didn't take the plunge in the end as I wanted to work out the various %'s in my portfolio. Not done that yet either.

      But then I remembered I have some Brilliant Uncirculated gold coins stashed under my bed, I've had them for over 30 years now still in the boxes.

      So I guess they count as a physical gold holding eh ?

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      • #18
        Originally posted by sulak View Post
        Can't eat gold.....
        Can't eat US treasury bonds either. Or stock futures.

        Gold is for wealth protection and storage over time. Now just happens to be one of those times where you could gain a lot from holding it. Last time interest rates were below 2%, gold was $35 an ounce. Then as rates went up , gold gained 2300%. And yes it did level off and fall from those levels to around $300. So even if you bought at $150, you still did well even after the next bear market low.

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        • #19
          Wealth is an illusion.

          One that nearly all buy into.

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          • #20
            Originally posted by sulak View Post
            Wealth is an illusion.

            One that nearly all buy into.

            Mostly true. Mainly true when counting other peoples liabilities as wealth.

            Which gold is not. Its the exact opposite.

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            • #21
              Gold! Glorious Gold!


              By Justina Vasquez, Yvonne Yue Li, and Ronan Martin
              February 29, 2020, 8:30 PM GMT+7
              House of Kahn Estate Jewelers set to plummet this yearEmpire Gold Buyers

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              • #22
                Uh-huh.
                Can't eat gold....

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                • #23
                  Originally posted by harrymsmarkle View Post
                  Gold! Glorious Gold!
                  Just once a year for her birthday. Looking for every country.


                  Just picked the one above up yesterday. https://www.perthmint.com/
                  Keep your friends close and your enemies closer

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                  • #24
                    My old man always said hind sight is 60/40......

                    Ok , he really said it was 20/80. But that was my old man.

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                    • #25
                      It's increasing nicely.

                      Now it's up to 25,000 baht after sitting at18 or 19,000 for the last half decade.

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