Does anyone have any info regarding buying gold, seeing as this is a Ducati forum the chances are fairly high I would say... I’ve been thinking for a while of getting rid of some cash and purchasing gold, the current crisis has spurned me into action. Any info greatly appreciated. Cheers
A quick Google comes up with lots of hits, these are two, https://www.royalmint.com/invest/, https://www.hl.co.uk/free-guides/wh...MI3_u_htzB6AIVBbTtCh2USwDcEAAYAyAAEgIS4PD_BwE Andy
I expect more from you Tel..... Cheers Andy, I’ve got an investment pack from the Royal Mint I’m just trying to raise the courage to strike.... It’s the jump into the unknown that’s holding me back.
My guess is that the biggest pit fall is buying through a middle man rather than someone like the Royal Mint. I have no idea if you can buy direct from the people who make the bars or you have to go through an assay office. Be interested to know how you get on. Andy
Hatton Garden Metals are a company I have used for best prices buying and selling gold. https://www.hattongardenmetals.com/
I never cease to be amazed at the breadth of information and experience of people who contribute to this amazing forum. Andy
Prices are high at the moment. For example, I bought gold Sovereigns for between £170 and £185 in 2014/15.
fair Play @Exige you have them so well packed in I,d say it would take lube to get another one in !!!
I,d imagine you are spot on gold is normally a safe haven when all other stock and bonds go to shit ?
Or stop pissing in the wind and just buy a property & ride out the storm for a massive financial return.
I had a 2nd property for 10 years, came out of that and into bikes and have done far better than if I had remained with property - and if you need a mortgage to fund it could be a huge risk going forward. There will more likely be a drop in the bike market this year as in all others so could be some great opportunities buy the right bikes and you will surpass gold and property IMHOAE
I'll stick with the real estate market thanks all the same,as you say there are always bargains to be found.....likewise with the property market.
I’m addicted to watching the Gold rush programmes on Discovery and as they are saying the price for gold is at a record high at present so personally you need to be selling it at mo and not buying it.. Especially so in Sheffield apparently where red gold is exceptionally high, to buy there and you’ve a case of red fever for sure .. x
Hardly pissing in the wind when the % profits have been much higher and much less hassle too - and better if you don't have the money to buy loads of property like you both better than Gold though...
Indeed, if you buy in Sheffield they are charging a further 5 years of appreciation in advance, although they have had a couple more reasonably priced lately...
i'm a speed junkie so that's what the bikes are for,the property on the other hand is a sure bet in life.