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I will be the party pooper - if you look at the bullion vault market - US gold is going for $869, front page must be an error (for now )

Read the term on wikipedia a while back, this is how it is defined there http://en.wikipedia.org/wiki/Disinflation

I thought this quote was interesting: Inflation is happening all over the world, India's is 11% (Link). What would you do if you had rupees, keep them in the bank or buy assests like erm gold? Inflation creating gold demand?

Gold May Rise to $5,000 on Inflation, Schroder Says (Update1) Bloomberg Link

BBC: Gold Fever BBC web page before tonights TV programme: The Money Programme - gold fever, BBC 2 at 19.00 - 19.30, Friday 13 June 2008.

Moneyweek $8500 gold?, bonds in a bubble. Link EDIT: oops should read who wrote that...

seizure - i think this is unlikely, but some people recommend physical gold and look after it yourself for this reason. I don't do this because 1. i don't want to store gold in my home or in a deposit box 2. if you do want to sell quickly, it might be more difficult with physical. BullionVault.com - you can buy gold in their New York, London and Zurich vaults - many people go for Zurich due to it being the least likely to be seized. I have some in both London and Zurich. When to buy/sell I think we all worry about that, also the % of your wealth to allocate the gold? The worst case scenario of a massive collaspe in the POG, I *hope* would only happen after an obvious bubble like growth. Thinking of owning some gold as an insurance policy against eveything going tits up gives me some comfort.

and in case you will ask/asked about BV failure: again from BV help pages:

the same thing from the BV help pages:

I assume you are asking if BV ran out of money and/or gold? - as they point out - anyone could step in and provide the liquidity in the market. Maybe a third party would increase the spread but as anyone could spot the arbitrage situation the spread should reduce. ie - a third party buys the gold below spot and sells it at a profit on the real open market.

The breakdown of society: I just assume this will not happen. Making money There is a difference between BV and GM, BV is a market place where you are not necessarily buying or selling from BV directly but off another BV user. BV charge between 0.8% - 0.02% on the transaction. Plus they charge for storage 0.12% min $4 per month. GM - I don't have an account, i think they charge a higher spread when buying. Liquidity From a BullionVault email 27/02/2008 There is more in their FAQ/help (link from home page) see "What about liquidity? How can I be sure I will get a fair price when I sell?"

Might of been mentioned before, but my laptop has silver particles embedded in the keyboard to stop bacteria build up.

THE LONDON BULLION MARKET ASSOCIATION Daily fix prices since 1985. Monthly averages since 1990 http://www.lbma.org.uk/statistics_historic.htm

Ha! You beat me to it. Like teacher telling off the children.

Gold Spot broke $1000 as this story broke http://news.bbc.co.uk/1/hi/business/7296678.stm EDIT: 1003 on goldseek

A bit of trivia while you are waiting: In 2004 the Austrian mint made 15 1000oz (31.1kg) 100,000 Euro gold coins. http://www.austrian-mint.com/285?l=en&muenzeId=598 Each one currently worth $997,330.

Here is what bullion vault says (From the help pages - Governance FAQs)

No.

Now you have gone and pointed out the obvious I feel a little embarrassed But on the bright side - I now have a whole new investments strategy...

Is this the answer to the "when should I start selling gold" question?