5 replies to this topic

[Quranist]

is it wise to buy gold jewelery or gold biscuits as an investment purpose? which will give more returns in long run?

no I haven't found any oil well, just inquiring for future prospects.

[xstatik2]

Everyone's bullish on Gold. Would like to share something I read in an article the other day which discourages investment in Gold Jewelry..............

a. The purity is lesser than that of Gold Biscuits or Gold Guineas (Jewelry usually is 20 or 22 carat).
b. Also you don't pay "making charges" on Gold Biscuits.

Good luck with your investments.

[Quranist]

xstatik2, on 09 August 2012 - 06:45 PM, said:

Everyone's bullish on Gold. Would like to share something I read in an article the other day which discourages investment in Gold Jewelry..............

a. The purity is lesser than that of Gold Biscuits or Gold Guineas (Jewelry usually is 20 or 22 carat).
b. Also you don't pay "making charges" on Gold Biscuits.

Good luck with your investments.

thanx a lot,I think its very true

[titumir]

From an economics point of view, rather than buy gold, invest in a business, or buy shares. That is better for the economy than a few bricks of gold.

[Quranist]

titumir, on 10 August 2012 - 05:29 AM, said:

From an economics point of view, rather than buy gold, invest in a business, or buy shares. That is better for the economy than a few bricks of gold.

yeah but GOLD  is safest investment, compare to shares and bonds.

[xstatik2]

yamolaAlimadad, on 10 August 2012 - 08:33 AM, said:

yeah but GOLD  is safest investment, compare to shares and bonds.

In the long term yes.........

U can still hold on to a gold bar for 100 years and be sure at the end when your'e going to sell, it will fetch you liquid cash unlike the case of other investments (shares, stocks) you never know when there is a turn around or a catastrophe (God forbid) and the company you are invested into shuts down.