matty

This is up %7 today! Not sure about the dividend though, heard it was %2

Yeah, It's really quite frustrating as there are so many people talking about how to profit from gold but as we can see it's not that easy. Sorry to be thick but please can you elaborate a little

I just posted something related on the gold forum... It's tricky right now due to the dollar.

I have some GBS securites, could be a big mistake and in fact I think I may have misunderstood the whole gold investment as whilst gold was going up my money share was actually decreasing as I purchased it in dollars! So the dollar slide was wiping me out! Whatsmore is that gold is regarded as a hedge against the dollar but if it is bought as a dollar denomonation - as gold is - then how can it be as if the dollar loses value then so does your gold investment (even if the gold goes up the dollar fall could make your gains fruitless). Or have I missed something?