Thread: Buying Gold with my Thai savings?

Stocks or gold in 2012? Or the planet getting hit by a strange asteroid?

Originally Posted by OhOh

Thai Gold 18,000 baht 05/2010
Thai gold 23,400 baht 12/2011

5,300 rise in 19 months - 19%

quite average, I think even some Thai stocks did better than that, like 50% including a 10% dividend yield

Thai Stock exchange Index



1044 01/01/11
1022 01/01/12

2% decline

yes the 300 companies index did poorly, but a number of smallcap and midcap Thai stocks did fantastic and were paying 10% dividend yield,

commodities indexes also did poorly for this year, even RJI

Originally Posted by OhOh

I only show standard indexes as a comparison to just buying gold at the start of the year and selling at the end.

Gold is NOT an index, so for comparing asset class, you need to compare indexes

even though some could argue that Gold is a class by itself and should be the standard for all comparisons, even for buying your food, like socal is trying to do most of the time

Gold is a commodity and belongs to the PM Indexes,

Originally Posted by OhOh

As many people just do not have the time or knowledge to "invest/gamble" pro-actively this I feel gives a better comparison.

yes, but what you are doing is actually misleading and distorting the reality of the comparison, above all for people with no deep understanding of such investment class

simplification doesn't help unfortunately, au contraire, it gives a false sense of reality

ask socal

^ see Gold wasn't alone to go up significantly

McDonald's, Walmart, Dunkin Donuts, Starbucks... All what the average American think are great. These make the rich richer and give the workers simple satisfaction.

I hope everyone sold their gold at the top around $1700

let's make some crazy predictions,

I predict that Gold will collapse in 2012

sell, sell, sell

Originally Posted by DrAndy

I hope everyone sold their gold at the top around $1700

As i said in an earlier post, i came out @ $1710. Only having physical gold makes this possible.
I will be interested in socals response to the market forecasts.

Just an odd clip. Not sure if this has been posted on any gold threads. The vid is about Gaddafi and gold.

Originally Posted by Hampsha

Many stocks are cheap no matter what anyone says. And there is some cheap real estate now, too. You can buy gold at 2,000 an ounce and save that for 20 years hoping to have a nest egg of some sort or you can invest in cheap companies or even cheap land/properties. For the young people planning for the long term (retirement), what should they invest in now? Just seems to me like there is more potential in good companies and land. I'm not talking five years but that may be the case too. Long term gold gives some stability no doubt but when it comes down to it business and population in the US/world seem to predict how much you can make from an investment. I also wonder what effect all the assets of the gray population will have on the economy. Whatever they have left in retirement accounts and land etc should be liquidated as they go into their golden years. But then again, kids might move back into their parents homes if things get bad long term. Just seems like a lot is going on. It's not easy planning long term these days.

Gold is what you want to own for the long term. Stocks and real estate have done well for the last 30 years because interest rates where falling for 30 years. Interest rates cant fall forevever. They certainly didnt keep falling in Europe and look what is happening to the value of the Euro priced in gold ?

Originally Posted by Butterfly

yes the 300 companies index did poorly, but a number of smallcap and midcap Thai stocks did fantastic and were paying 10% dividend yield,

commodities indexes also did poorly for this year, even RJI

Of course some random small cap companies did well but how is that relevant ? Some lottery tickets did well last year too. When you compare asset classes, you have to compare the indexes or the average return

Originally Posted by DrAndy

I hope everyone sold their gold at the top around $1700

so the top is in ?

Sentiment looks about the same as the last 2 to 3 years. Most people are bearish on gold and the same old people are calling for collapse. Even the people that have made money in the gold market are scared of it. Just the right sentiment to keep it climbing at least 15% to 25% this year.

Originally Posted by socal

climbing at least 15% to 25% this year

With a good start of 9%, so far, in a month.

half a month

Had a good laugh reading some of the posts in this thread. Some very laughable shit. I am glad that I do not look to TD for investment advise.

Keep dreaming

Originally Posted by Carrabow

Keep dreaming

Yet another gold bear.

Originally Posted by bsnub

I am glad that I do not look to TD for investment advise.

or even spelling help