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chronyx

Everything is AUsome

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Gold down to £950. 

Anybody here buying?

Also can anyone explain how gold ETFs work and if they are worthwhile.

I'm too fucking dumb to understand them so I bought some physical at £975 and might dabble again...we'll see. 

 

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I can't describe exactly how they 'work', but INXG supposedly holds 1/50 ounce of physical for each share. That's what I've bought previously and currently hold. Down 5.7% on my previous purchase but may get some more on the June regular investment run (fees only £1.50...) from my broker.

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