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scratt
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Join Date: Jul 2004
Location: M-F: Thailand Weekends : F1 2010 - Various Tracks!
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2010-03-02, 11:20

Heh. Well I don't quite subscribe to the conspiracy theory side of it, but the Gold advice wouldn't have been bad advice to give a year or so ago.. Right now it may well be close to it's peak. It's certainly not going to sky rocket. But in times of uncertainty it's a pretty safe bet.

Certainly out here in Thailand, Gold is the number one choice for personal investment with Thais, and they literally wear their savings around their necks.

I think the thing is it's a stable foundation (*unless you are the British PM) which can withstand volatility for small / simple investors. I think this applies more in the "third" world than in "Civilised" countries where all these mail your gold in for bucks type schemes seem to be the next big consumer ripoff!!

*Our PM managed to offload all of our stockpiles at about the time it was at it's lowest.... And he used to be our Chancellor!

'Remember, measure life by the moments that take your breath away, not by how many breaths you take'
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