gold bullion
- Thread starter Taz
- Start date
My ex wives collected Gold ........ :?
Yo can buy into gold funds Taz - they're basically an investment that can be held in an ISA, Pension etc - and invest ONLY in gold. They're easy to buy and sell, but you pay a little extra for the management of the fund.
Or, there are gold brokers who will sell you investment grade gold (99.95% pure or more) and hold it for you in a vault. I know of a few brokers through work, could get details if you like
Or, there are gold brokers who will sell you investment grade gold (99.95% pure or more) and hold it for you in a vault. I know of a few brokers through work, could get details if you like
You could try companies like Hargreaves Lansdown, Alliance Trust Savings or Share Centre for a reasonably cheap investment account. Then it costs around £10-£13 each time you buy shares in the gold fund.
There are some risks involved - like if there's a "run" old gold, and all investors want to run off with their gold in their hands, it could be difficult to sell shares in the gold fund etc.
However, the gold funds (called Exchange Traded Funds, or ETFs) are quite popular....
There are some risks involved - like if there's a "run" old gold, and all investors want to run off with their gold in their hands, it could be difficult to sell shares in the gold fund etc.
However, the gold funds (called Exchange Traded Funds, or ETFs) are quite popular....
You can buy krugerrands etc I thought. My dad has some
Property. Especially in large city areas such as London etc. You're property value should never decrease and you should get at least a 6% ROI if you buy / invest shrewdly.
Stuart Truman said:
Check you Stu 8)
Hardly pirates of the Caribbean wealth at my folks house. 
The one thing you should check out before buying gold coins or bullion. Is whether it can be confiscated by the government should a "real" crisis happen. In the USA. Any gold newer than 1934 is subject to confiscation at the governments request. FDR in 1934 confiscated everyone's gold and made it illegal to own. He did this to fund the social security retirement system. We are now allowed to own gold. But the government reserved the right to steal it if they want some extra spending money.
All the gold coins I own are dated pre 1934. I bought mine a few years ago when gold was $400 an once.
All the gold coins I own are dated pre 1934. I bought mine a few years ago when gold was $400 an once.