flying Posted February 1, 2011 Share Posted February 1, 2011 PS: in the above examples I am talking about bars & coins of 99.99% purity..... Link to comment Share on other sites More sharing options...
Hollywood13 Posted February 2, 2011 Share Posted February 2, 2011 Thanks Flying...good explanation and I'll check out that link. Link to comment Share on other sites More sharing options...
Valentine Posted February 2, 2011 Share Posted February 2, 2011 (edited) Think it was around 6000 when the missus managed to pry my fist open and start buying gold so I guess over the years it is an investment. 8000 Baht when I started loosening up. Despite the opinion of some on this forum - listening to our Thai wiveson the wisdom of investing in "Thai gold" whilst in Thailand may be a good idea every now and then. I still get complaints as to why I did not buy some for her birthday a couple of years ago when the price had dropped to 12,900. However, I guess the other gold which she has averaged out at around 7,000 to 9,000 when purchased so at the current rate it is a good investment. In the late 70s gold spiked up to around $800 but then dropped to around $300 several years later. It then meandered in the 300 to 500 range until the early 2000s & apart from a big dip a couple of years ago it has continued to climb. I feel it will drop again but have no idea when. Edited February 2, 2011 by Valentine Link to comment Share on other sites More sharing options...
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