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Welcome,
Guest
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are B.P.PLCshares worth buying
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not a good idea where about are gonna store if it going to be in you house the the house could burn down and it will melt and then you could be nervous of bieng burgled and furthe more the price could drop like a hot brick buy a repossed property that is going cheap and rent it out
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Your a little hard to follow because there is a lack of grammar. However, not investing in physical gold because your worried about your house burning down and some one stealing it from the ashy remains is crazy. If you have that approach on investing then your best bet is to no invest in anything, ever. Stocks could plummet and become worth zero before you can sell them (Enron), bonds could be defaulted on just as fast, commodities could be mismanaged and spoil or just plain disappear, and as you said your house could be set on fire. So now we just came to the conclusion that you should rent an apartment, only have basic necessities (for fear of being stole or burned), and keep all your money in the bank. That is how Crazy people live. Don't want to live like a crazy person? Buy physical gold.
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I will answer the price through technical aspect.
The price of Gold now is in consolidation area, the price moving around 1530.00 - 1630.00. The next move will determined by the break of the the lines, but I tend to be bullis. This current running price is actually good price to buy. |
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Underpriced!
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Gold is what you buy going into a recession its not a stock in a healthy market
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The following user(s) said Thank You: Илья.Котельников2
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