Jump to content
House Price Crash Forum
Sign in to follow this  

Gold For A Freaked Out Beginner - Where From?

Recommended Posts

Hi all

Been doing 'background reading' and the like for months but never got round to doing anything (d'oh). Now the writing looks pretty much on the wall so I want in, fast... but have no experience of anything beyond having a bank account.

At the moment all my savings are in £s in a High St bank account - what's the quickest, easiest and safest way to move some of this into gold/silver? I'd like at least some of it in an allocated physical account (ie not just 'paper gold') - again, any recommendations?

For obvious reasons, I'd be eternally grateful for any advice!


Share this post

Link to post
Share on other sites

You can buy Gold bullion coins from Goldline(Baird&co).Just go down to stratford with the cash and buy over the counter.Also ATS Bullion are a decent company to deal with.

Share this post

Link to post
Share on other sites

Best thing would be a mixture of Krugerrands from the likes of Biard & Co and a goldmoney account. I’m doing 50-50.

If you purchase small amounts on a weekly or monthly basis, you lessen the chances of losing out in the event of a protracted slump. You may be able to time your purchases as well during the dips by looking at charts on kitco.com for example.

From putting money into an stocks ISA, I have found that the drip feeding approach works quite well, as even if a significant drop occurs, it means you can get out without losing your shirt.

Finally, there’s some good analysis on www.financialsense.com and I’d recommend reading "The Dollar Crisis: Causes, Consequences, Cures" by Richard Duncan, as this explains very clearly why the global economy is in the mess that it is now.

Share this post

Link to post
Share on other sites

Thanks for the info guys. Just hope I can get to buy some in time!


yes would recommend Baird +co,thoroughly decent company and reasonable prices,you can order over the phone for physical but they won't take switch,cheques are ok....or if you have enough booty(5k+) set up an allocated account.

you are actually quite lucky....the exchange rate is fairly good at the moment and I would expect sterling to drop a bit fairly soon......the rate rises are priced in,so fill yer boots!!!!

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.