draperyfalls

I have still over 50% of my SIPP money to invest. It would be great to get a 7xx price, but I just can't see it.

I am tempted in buying some more after about a year on the side lines. Was offered a ten tola bar (3.75 troy ounces) for £2800... seems like a good deal and through a good source, although i've never bought a tola bar before. Anyone bought in this measure of weight before?

You can simply walk into most banks in India and buy coins and bars directly, how ironic...

For my first order i got some Maples this week at £11.30 pretty good value but they were hard to source. Lovely looking coin.

This should help put a floor under gold, at least for a while: (please ignore if you think Indian jewelry demand is irrelevant)

 

India gold demand rises as price fall sharply

It will get hammered after Diwali early next week.

How low will it go???? I have got no problems sourcing physical so it's basically when i say...

I was told to wait and expect further falls and so far all the advice i have received has been proved correct. Tempted to buy some at the moment though...

Have been getting clued up on gold... i expect it to go lower still...