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Best way to purchase precious metals (Gold, silver, etc?)

Discussion in 'General Discussion' started by Bes, Apr 26, 2006.

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  1. Bes

    Soldato

    Joined: Oct 18, 2002

    Posts: 7,186

    Location: The Ghetto: AKA Brixton

    Hi

    If one wanted to invest a few grand in precious metals what would be the best way to do it? Do you trust places like www.goldmoney.com to not lose your investment if the economy starts going mammeries up?

    Thanks
     
  2. Aod

    Sgarrista

    Joined: Oct 7, 2004

    Posts: 8,675

    Location: London

    erm, i think you can invest in precious metals on the UK metals page or something...

    LME, thats it.:

    London Metal Exchange
     
  3. BrenOS

    Mobster

    Joined: Oct 18, 2002

    Posts: 3,267

    Location: The Castle

    Discover the secret of alchemy.
     
  4. Zip

    Capodecina

    Joined: Jun 26, 2005

    Posts: 20,226

    Location: Australia

    There is a middle eastern country that sells gold really cheap :D
    Shame i cant remember which one it is :(
     
  5. BrenOS

    Mobster

    Joined: Oct 18, 2002

    Posts: 3,267

    Location: The Castle

    The entire middle east.

    You're probably thinking of Dubai in UAE, which along with Qutar has one of the fastest growing economies in the world.
     
  6. VeNT

    Capodecina

    Joined: Jan 9, 2003

    Posts: 20,495

    Location: Cornwall

    I have created a nugget of purest Green!
     
  7. BrenOS

    Mobster

    Joined: Oct 18, 2002

    Posts: 3,267

    Location: The Castle

    [​IMG]

    Shutup Percy.
     
  8. Bes

    Soldato

    Joined: Oct 18, 2002

    Posts: 7,186

    Location: The Ghetto: AKA Brixton

    FFS don't come in here and trash my thread!

    Now does anyone have any sensible answers or can I expect more moronic replies?

    Can a don please delete all the stupid replies in this thread?
     
  9. Visage

    PermaBanned

    Joined: Jan 13, 2005

    Posts: 10,708

    Elizabeth Duke.
     
  10. Heliospherez

    Mobster

    Joined: Jan 3, 2004

    Posts: 3,490

    Location: At Home

    Just out of curiousity, why are you investing in metals ?

    I have always thought about investing in Platinum, but never actually went ahead with it. I was also very tempted to purchase a large amount of silver (but the investment potential wasn't that good I thought)

    Do you think there is going to be a big upturn in metals ? Will there be any problems selling say £20,000 worth of bullion ? Who buys it ?

    It always struck me as being very difficult getting rib of the gold/metals once it had made its money.....unlike shares / currency, which can be traded reasonably easily.
     
    Last edited: Apr 27, 2006
  11. Bes

    Soldato

    Joined: Oct 18, 2002

    Posts: 7,186

    Location: The Ghetto: AKA Brixton

    It's already started. I nearly bought a large amount of gold & silver in November but decided against it for some shares in FTSE 100 companies. I have made about 6-7% from the shares and would have made around 15% from gold :(
     
  12. Sanzy

    Banned

    Joined: Mar 12, 2005

    Posts: 1,117

    Location: Forget About It

    Some ones touchy
     
  13. Bes

    Soldato

    Joined: Oct 18, 2002

    Posts: 7,186

    Location: The Ghetto: AKA Brixton

    [Removed - Personal Attack]

    Can a don delete this please? I'll go and repost somewhere where there are people with sensible answers/ a modicum of intelligence amongst the populance of the forum.
     
  14. Mad old tory

    Sgarrista

    Joined: May 25, 2003

    Posts: 9,361

    Location: Limehouse

    Gold does seem to be doing very well at the moment and could go higher if countries do as they are threatening to do and start switching dollars for gold. Can't help with where to invest in it though.
     
  15. Otacon

    Capodecina

    Joined: Jan 10, 2004

    Posts: 21,923

    Location: All over

    Oh give over, it's GD. What the hell did you expect, a Question Time audience?

    Post a personal attack like that again and it may see you suspended.
     
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