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Old 09-23-2008, 03:46 PM  
Vendot
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Join Date: May 2002
Location: Malaysia
Posts: 3,376
Quote:
Originally Posted by tiger View Post
Probably safer to just open an account in another country and move the money there. Not saying it was a bad buy, just seems risky at these levels. When I start hearing all these people talking about buying gold it is usually a good indicator of the top coming.
Well......... lets revive this thread in October 2009 and see if you were right. Price right now on goldprice.org is $890/oz

The point about gold is that you can open an account in another country and move the money there. People who buy gold are usually people who've already done that but just want an additional way to diversify their funds away from regular currency and into another asset class.

Last edited by Vendot; 09-23-2008 at 03:48 PM..
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