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Buy more gold?
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PowerswitchClive



Joined: 24 Nov 2005
Posts: 158

PostPosted: Mon Jul 29, 2019 12:06 am    Post subject: Reply with quote

clv101 wrote:
Bank of England said pound would drop 25% under no deal Brexit. Gold might be a hedge against the pound.


Personally I think this is a great suggestion, although I no longer live in the UK Wink

We are no were near the August 2011 high in gold in dollar terms, but do you know we are almost about to surpass it in UK pound terms!!!

The all time high is £1178
The current price is £1148
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PowerswitchClive



Joined: 24 Nov 2005
Posts: 158

PostPosted: Wed Aug 07, 2019 11:40 pm    Post subject: Reply with quote

Currently at £1236! an ounce
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UndercoverElephant



Joined: 10 Mar 2008
Posts: 11121
Location: south east England

PostPosted: Thu Aug 08, 2019 10:35 am    Post subject: Reply with quote

PowerswitchClive wrote:
Currently at £1236! an ounce


That is not likely to be the top, either.
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