GenghisKhan

Hi Goldfinger Nice charts. Looking at your 1968 to present CPI adjusted gold value it shows a much bigger historic high than my data http://retirementinvestingtoday.blogspot.c...-investing.html Are you using daily close figures thus the very large peak? I'm using monthly averages. Could it be worth adding a trendline to your chart as on my chart it seems to demonstrate nicely the fact that gold is an excellent store of value over a long period?

Long term view back to 1968 in real (after inflation) terms. This is the only way I look at all my assets. http://retirementinvestingtoday.blogspot.c...estment_04.html Second highest it's ever been in real terms but still a long way to go to $1,900 or so. Based on this I'm not buying or selling.

Hi RH What country gives you no CGT to pay?

I'm starting to get an itchy finger and question when I should cash in my GBP's for some more of the yellow stuff. During the recent highs I stopped buying and with the more recent falls the total Gold weighting in my portfolio is at uncomfortably low levels. This is coupled with my belief that UK PLC is definitely trying to create inflation and so steal from me. http://www.iii.co.uk/investment/detail?typ...;chartwidth=500 This suggests 4500 could be reached however will we get there before inflation shows its head? As I've mentioned elsewhere RPI inflation in UK is already starting to occur and I'm getting nervous.

Put it in a cash ISA for safety. Then sit tight and watch it be stolen through the miracle of inflation! I really believe financial literacy should be taught at school as a genuine subject. It still amazes me the number of people in this world who can't calculate a simple %. What hope do they have... They are then left with no option but to do whatever the Daily Mail or the Sun tells them to do. Herd mentality not by choice but becuase they have no other choice.

First post on this great site. I actually hold LPMT which is an ETC that is long and leveraged at x2. I agree that the preference would be to hold physical but here is my thought. I bought LPMT within an ISA and outside of the ISA I hold an equivalent amount of NS&I Index Linked Savings certificates. I have no CGT to pay (I know Sovereigns and Britannias don't have CGT but they do have a wide buy/sell spread) if I ever sell. I also get the equivalent of a non-leveraged return from the gold/silver plus whatever I get from NS&I. The risk is if LPMT halves in value in a day I lose all the LPMT value. However if I owned the physical I've also lost half the value. I'm sure I'm missing something but it's all part of a balanced strategy anyway.