Who owns gold?

[Gandalf]

I've been taking a lot of interest in economics and investing since I started my last thread looking at the best ways to invest money. I haven't actually done any investing beyond sticking a few pounds in savings accounts, but one thing I have become curious about is buying gold. So, I was just wondering how common it is for people to buy gold? Who on here is a storer of ingots and how do you go about purchasing them?

I've read that they are kept in secure vaults in places like Zurich. It all looks very interesting, but a bit strange to a non-expert such as myself. Gold might be a relatively safe place to stay when the world collapses in the next year or so. It's been doing very well for a good while now, so it's probably getting a bit late to make maximum returns on it, but it looks stable enough and it must be pretty cool to have some chunks of shiny gold.

Any thoughts?

[Andre]

Who's got da biggest Bling?

I wish I had done it years ago mate. , I got a ring, thats it..

[Gandalf]

Who's got da biggest Bling?

I wish I had done it years ago mate. , I got a ring, thats it..

Yeah, I've been vaguely aware of gold going up, but through ignorance had never given that kind of thing any notice. It's only now that I'm actually sitting up and taking note of all the things around me that I'm thinking "hang on a minute!".

Like you, all I have is a ring. I also have some expensive fillings, but there is no way that shit is proper gold.

[El Kabong]

I have some krugerrands

[Kev]

Not sure gold is a great investment at this time. If you have been following the Bible's End Time prophecies as I have you will of course know that that after the reforming of the old Roman Empire, which happened last month when we elected our first European President, we will shortly go into an economic decline.

A brief period of prosperity precedes it however and if you only invest for a while you will be ok, but get out soon as the book that is never wrong makes it very clear 'Your gold and silver have become worthless. The very wealth you were counting on will eat away your flesh like fire. This treasure you have accumulated will stand as evidence against you on the day of judgment.'

A massive financial collapse will occur when gold and money literally become worthless. Probably your best investments in the long term would be canned food, guns and lots and lots of ammo.......

[Gandalf]

I'm pretty sure there will be a collapse down the road. It's currencies that I fear for more than gold though, money is becoming worthless with governments printing ever more of it. It's the calm before the storm and I can see it getting pretty windy. Anyone who isn't prepared for it is going to get blown away because it's going to be lot worse than what we've seen in the past 18 months. We had the opportunity to ammend our ways and start all over again, but we have ploughed right on through and done the same old things again.

Out of all the options available, I see gold as being relatively stable especially as things run out of control. And even if it sees a downturn, it will hold steady and gradually rise again. There will always be gold, there will not always be dollars or pounds.

The Bible has a wonderful way with words, I particularly like the imagery of wealth eating away at my flesh. Life is doing that enough on its own though, all I want is a couple of shiny ingots! Why does everything I become interested have to centre around the end of the world? It's quite frustrating.

[Andre]

Not sure gold is a great investment at this time. If you have been following the Bible's End Time prophecies as I have you will of course know that that after the reforming of the old Roman Empire, which happened last month when we elected our first European President, we will shortly go into an economic decline.

A brief period of prosperity precedes it however and if you only invest for a while you will be ok, but get out soon as the book that is never wrong makes it very clear 'Your gold and silver have become worthless. The very wealth you were counting on will eat away your flesh like fire. This treasure you have accumulated will stand as evidence against you on the day of judgment.'

A massive financial collapse will occur when gold and money literally become worthless. Probably your best investments in the long term would be canned food, guns and lots and lots of ammo.......

Do you think it may have the meaning that; if you place all of your love into material things only and into all of what we have chosen to build up as the great Human race, of money being the measure of ones greatness, instead of choosing compassion for others and the way of God, things of love, of the spirit;
Then your mind, body and spirit will fail along with the failure of those things you hold so dear? Spirit is energy its symbol is fire.
If you vibrate at the high love frequency, basic fire cant touch you.


Similar stuff from Revelations.

You will return from your day in the fields and your home will no longer be yours.

[brucelee]

I've been taking a lot of interest in economics and investing since I started my last thread looking at the best ways to invest money. I haven't actually done any investing beyond sticking a few pounds in savings accounts, but one thing I have become curious about is buying gold. So, I was just wondering how common it is for people to buy gold? Who on here is a storer of ingots and how do you go about purchasing them?

I've read that they are kept in secure vaults in places like Zurich. It all looks very interesting, but a bit strange to a non-expert such as myself. Gold might be a relatively safe place to stay when the world collapses in the next year or so. It's been doing very well for a good while now, so it's probably getting a bit late to make maximum returns on it, but it looks stable enough and it must be pretty cool to have some chunks of shiny gold.

Any thoughts?

My parents like gold.They buy gold whenever they have the opportunity.

I hate wearing them. All I have is my college ring coz I'm proud of my alma mater.