New Zealand Gold Prospecting & Metal Detecting Forums Archive

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investing - gold

NiN		Posted : Thursday, 12 July 2012 8:37:33 PM(UTC)
Rank: Gold Nugget Groups: Registered Joined: 10/08/2011(UTC) Posts: 31 Location: dunedin Thanks: 7 times Was thanked: 3 time(s) in 2 post(s)		i know it seems like cheeting but if i cant find a decent amount of the stuff is it worth investing in it .ive read a few things online about it and all seem to make me want to buy as much as i can .i was wondering what some of the more exprianced gold fossikers thoughts were on the matter. at least the gold i find i can add to it? cheers.

gjj109		Posted : Friday, 13 July 2012 1:48:54 PM(UTC)
Rank: Gold Ingot Medals: Groups: Registered Joined: 14/03/2011(UTC) Posts: 464 Location: Thames Thanks: 217 times Was thanked: 194 time(s) in 115 post(s)		Hi NiN It will either go up in value, or go down, or stay the same - like every other commodity. You have to decide whether you should speculate on gold values in preference to any other commodity.

LepreSean		Posted : Friday, 13 July 2012 2:14:25 PM(UTC)
Rank: Gold Ingot Groups: Registered Joined: 8/12/2011(UTC) Posts: 171 Location: Wherever I may roam Thanks: 187 times Was thanked: 130 time(s) in 78 post(s)		Hello, long term speculation is for gold to keep increasing, and if things keep going the way the are in the middle east there is no reason for it not to. If you buy on the market, sure you will have a nice gold bar paper weight, you will have to pay spot price, it a bit of a gamble, advantage is that you can show it's 99.9% pure and get that price when you sell it. I know some people who are buying alluvial Au privately and are holding on to it for the long term, only small amounts here and there, and they too are supplementing it with gold they find themselves. :)
		auri sacra fames (accursed hunger for gold)

Lammerlaw		Posted : Friday, 13 July 2012 4:30:57 PM(UTC)
Rank: Gold Ingot Groups: Registered Joined: 24/05/2011(UTC) Posts: 1,721 Thanks: 72 times Was thanked: 579 time(s) in 396 post(s)		I would recommend buying as much Gold as you can afford but before Gold buy Silver - Silver, Silver and even more Silver. Do not sell either as long as you can avoid it.

oroplata		Posted : Saturday, 14 July 2012 1:16:30 PM(UTC)
Rank: Gold Ingot Groups: Registered, Moderators Joined: 16/06/2011(UTC) Posts: 1,040 Location: Christchurch Thanks: 23 times Was thanked: 211 time(s) in 152 post(s)		I agree wholeheartedly with Lammerlaw Peak gold... http://www.goldcore.com/...e-continues-south-africa
		WWW

NiN		Posted : Saturday, 14 July 2012 3:32:21 PM(UTC)
Rank: Gold Nugget Groups: Registered Joined: 10/08/2011(UTC) Posts: 31 Location: dunedin Thanks: 7 times Was thanked: 3 time(s) in 2 post(s)		cheers guys.