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Yep, banks are really turning the screws now Swim.
I keep getting emails from my bank telling me how much the interest rate is diminishing....It won't be long before I'm paying them to look after my money. When that time comes I'll draw it all out and keep it under the floorboards....
I've been wondering if buying gold isn't the way to go?
Yep, banks are really turning the screws now Swim.
I keep getting emails from my bank telling me how much the interest rate is diminishing....It won't be long before I'm paying them to look after my money. When that time comes I'll draw it all out and keep it under the floorboards....
I've been wondering if buying gold isn't the way to go?
Never quite sure how you buy physical gold other than as a necklace .
Krugerands used to be a way you will have to keep them under the floorboards too - don’t trust banks they lose stuff !
I have some money in Blackrock Gold and General Fund which has gone up in the last few months - in fact 40% since April . It invests in gold mining companies
However funds can go down as well as up and gold mines are notoriously volatile.
Never quite sure how you buy physical gold other than as a necklace .
Krugerands used to be a way you will have to keep them under the floorboards too - don’t trust banks they lose stuff !
I have some money in Blackrock Gold and General Fund which has gone up in the last few months - in fact 40% since April . It invests in gold mining companies
However funds can go down as well as up and gold mines are notoriously volatile.
It’s a gamble
Thanks Muddy, I shall chase that one up for future investment...I'll wait until the price drops.....
Thanks Muddy very interesting. I think coins are the way to go instead of bonds or shares, I'd rather have the shiny stuff in my hands but not confident about storage......Perhaps a safe in the floor......Oh bugger! now everyone will know where I keep them....