Not to bore readers considering myself being new to blogging and having an exhaustive collection, I am going to write about my plan on starting an investment on gold. Not exactly the best time to do any purchases now as the price is now leaning towards the high end. It is now priced at USD1355.95 / oz according to BullionVault. Well, the price has been 'stable' since early August, that is how I will term it.
Being hard on my wallet leaving myself with only some coins chinking in my pocket I bought a tiny gramme of PAMP Suisse during my transit at Dubai Airport, an act only idiots will do. I have not had the intention of investing at that point in time but I thought the craftsmanship was good, so I spent that few quid I had on that gramme. It is rather silly, or rather, brave of me to have brought so little cash with me when going on a long journey. There hasn't been a vast difference in price but if converting the price according to the rate at USD1355.95 / oz, it will cost £27.18 now. Got it at £29.29. No profit but I'm still interested to invest in these. Seen the yearly graphs for the price increase and I'm convinced to profit if my patience does not wear.
Something I have noticed recently is that Ebay sellers are scooping huge amount of money by not following gold prices. I just see one selling for £44.99. You cut-throat bastard!
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