Australia's largest stock trading and investment forum Australia's #1 stock forum

GOLD

Click for more information

0.51%

$1,391.7 gold futures

gold, page-62594

First 62594 Last

Share
Profile

Follow
Skol

33,129 Posts.

1404

20/12/19

14:23

Post #: 42071966
Share

Originally posted by lewinsky: ↑

There was another stupid post by Skol backed up by Whooters this morning, about not being able to put food on the table if you hold gold ingots.
Sure gold pays no dividend and has no p/e, but if you had bought gold a year ago at $1,250 and sold it yesterday at $1,480, then you would have had enough to buy turkey for Christmas.
OR Are the only turkeys Skol and Whooters?
They seem to think you just buy gold and bury it in the back garden.
As a man claiming to be an airline person, I am convinced Skol is the prat of Pratt and Whitney

Expand

You wouldn't have bought gold for $1250 a year ago and sold it for $1480 because the commission charges are legendary. Gold dealers gouge big time.

And even of you did, 18% isn't what I would call a killing.
Upvote

0 Great analysis

Reply

Top Stories

DRO

Droneshield shares move up on $13.5M US govt contract

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

WAF

West African Res jumps on claim mine safe under Burkina Faso's junta; HotCopper ponders Russia

LMS

Litchfield boosts its copper, base and precious metals footprint in the NT with acquisitions

EXR

Elixir winds up QLD operations with five of six zones flowing gas – but shares plummet -50%

There are more pages in this discussion • 66,820 more messages in this thread...

First 62594 Last

Add GOLD (COMEX) to my watchlist