CommissarJones wrote:Laughton wrote:Now certainly doesn't seem to me to be the time to think about selling.
Agreed. I have a holding of physical that was amassed in 2002-04 and no plans to sell. Earlier this year, it seemed to me that it might be a good idea to put more money into PM investments while gold was still below £1,000/ounce, as the financial and geopolitical trends seemed to be supportive. Wish I had acted. I am hoping for a pullback of reasonable magnitude from the current highs, which would leave me sorely tempted to buy a batch of FRES shares.
From today's Daily Mail, - This is Money:
Gold hits six-year high as investors use the safe-haven to shelter from storm of weaker dollar, geopolitical tensions and falling bond yields
The precious metal rose 1.3 per cent to above $1,435 per ounce today
Falling yields, a weaker dollar and geopolitical risks are supporting gold
https://www.thisismoney.co.uk/money/mar ... 1-435.html