CorvusCorax

11 hours ago, vand said:

What you're really saying, then, is that you are trying to time the markets... good luck, but I don't fancy your chances of consistently being able to do so.

Either do I.  But as someone new to this I'd rather pace myself.  On the other hand I only had about £500 to buy PMs this month so the profit or loss is not exactly going to be life changing.

It might also work out better to wait and buy a 1 Oz coin instead of the fractionals I was planning and save on premiums.

8 hours ago, Pipers said:

I have stopped for now.  Unless someone has a buy every month strategy it seems silly to buy ATM until we see how things pan out. 

That's what I'm doing now.  Sitting back to see what happens.

My plan for this month's spend was for a 1/4 brit & 1/4 QB falcon and having seen the price rise this month has stalled me in the hope it may go down.  But who knows what may happen.

Decisions decisions.

As the price in GBP is at year high are people on the forum still buying gold?

10 minutes ago, Paul said:

Gold Price 

Current Price    £967.39
Month High Oct    £969.28
Month Low Oct    £900.03
Month Change    £+54.87 (+6.02 %)

Not bad for a month 

Is this the gold train leaving the station, next stop to da'moon ?

 

I've also been keeping an eye on the price this week.  I hope it keeps going up as I pulled the trigger on another couple of Oz this afternoon.