Thread: Buy Gold ? Or Sell Gold ?

Buy or sell gold ?

I would say buy skidmark, but don't put your entire Bt500 savings into it. Leave some for some somtam.

I say buy. Its pretty simple. Lets just use the UK as a proxy. (But all countries basically count the same way)



So a 300% increase in the BOE's balance sheet = 2500% run in gold. Now lets see the BOE's balance and the other majors sheet today....

What's happening in the frozen wasteland that I live in....



Slightly different stat. Its BS/ nominal GDP. But still

Originally Posted by Backspin

Its BS

It's Backspin.

...avoid gold (and all other commodities) unless you know what you're doing...speculators are not necessarily wise investors...

I was bought gold when born, as can be seen on BS's graph, it crashed immediately after.

Originally Posted by Edmond

I was bought gold when born

i'll have whatever ed's having.

Currently, a lie down on the sofa.

Originally Posted by tomcat

...avoid gold (and all other commodities) unless you know what you're doing...speculators are not necessarily wise investors...

Ok Boomer

Gold is central bank reserves. Its not a consumed commodity. CB's don't have oil or pork bellies on their balance sheet

Originally Posted by Edmond

I was bought gold when born, as can be seen on BS's graph, it crashed immediately after.

what were interest rates at that time ?

Why is this crap in speakers?

snub^ why are you on this forum

Originally Posted by Chico

snub^ why are you on this forum

Just to piss a numb nut dipshit like you off. Congrats on being awarded wanker of the year dummy.

Originally Posted by Backspin

Buy or sell gold ?

Buy and sell gold, and toffee

Hows the gold in the cellar.

can bring it to Thailand on your next trip 5555

Originally Posted by bsnub

Just to piss a numb nut dipshit like you off. Congrats on being awarded wanker of the year dummy.

Originally Posted by Chico

Hows the gold in the cellar.

can bring it to Thailand on your next trip 5555

Good lord I pity you. You pathetic retard.

Why is the poll not multi-choice?

Originally Posted by bsnub

Why is this crap in speakers?

Hang in there snubby . Now that chico the burger flippers turned up were all surely going to glean some of his vast financial knowledge. Your daddy ,another intelectual giant might even grace us with some awesome financial tips to. I cant wait. . Happy new year daddy and Chico.

Not financial advice, just opinion.
Buy, always buy gold; but not bitcoin just now, it might hit 30k but overdue for a significant correction so stand by for a better entry.

Originally Posted by jabir

Not financial advice, just opinion.

...thank you...

...^from Investopedia:

• In investing, risk and return are two sides of the same coin; low risk generally means low expected returns, while higher returns are usually accompanied by higher risk.
• Risk and return expectations can vary widely within the same asset class; a blue-chip that trades on the NYSE and a micro-cap that trades over-the-counter will have very different risk-return profiles.
• The type of returns generated depends on the asset; many stocks pay quarterly dividends, while bonds pay interest every quarter and real estate provides rental income.
• Whether buying a security qualifies as investing or speculation depends on three factors - the amount of risk taken, the holding period, and the source of returns.

• Speculation refers to the act of conducting a financial transaction that has substantial risk of losing value but also holds the expectation of a significant gain
• Without the prospect of substantial gains, there would be little motivation to engage in speculation.
• Consider whether speculation depends on the nature of the asset, expected duration of the holding period and/or amount of applied leverage.

Originally Posted by tomcat

...^from Investopedia:

• In investing, risk and return are two sides of the same coin; low risk generally means low expected returns, while higher returns are usually accompanied by higher risk.
• Risk and return expectations can vary widely within the same asset class; a blue-chip that trades on the NYSE and a micro-cap that trades over-the-counter will have very different risk-return profiles.
• The type of returns generated depends on the asset; many stocks pay quarterly dividends, while bonds pay interest every quarter and real estate provides rental income.
• Whether buying a security qualifies as investing or speculation depends on three factors - the amount of risk taken, the holding period, and the source of returns.

• Speculation refers to the act of conducting a financial transaction that has substantial risk of losing value but also holds the expectation of a significant gain
• Without the prospect of substantial gains, there would be little motivation to engage in speculation.
• Consider whether speculation depends on the nature of the asset, expected duration of the holding period and/or amount of applied leverage.

You are bleating on as if physical gold is a penny stock.

What are the chances of losing all of your money investing in physical gold ? The chance is ZERO.

You are not speculating when you are investing at the very bottom of the financial pyramid. You are saving.