Perth Mint

Radiowriter

Registered User
Messages
44
Hi all,

I’m thinking of investing in the Perth Mint Certificate Programme through Gold.ie. This will be instead of putting an entire lump sum into a deposit account. I’m looking at long term 3-5 years investment but I can ‘cash’ these certs if need be.

Has anyone any experience of this type of investment?

Many thanks.
 
Hi all,

I’m thinking of investing in the Perth Mint Certificate Programme through Gold.ie. This will be instead of putting an entire lump sum into a deposit account.

Me too. I am put off by the minimum purchase of 10 oz and the fact that gold is quite volatile at the moment and the fact that E. Hobbs is plugging gold every chance he gets. Gold may have peaked, I don't know. I certainly would only allocate about 10%-20% of my portfolio max to gold.
 
I'm not too worried about the volatility as I’m looking a holding these certs at least for the medium term so would be prepared to ride the rapids. Mr. Hobbs comments would be a concern!

10%-20% of any portfolio to Gold seems sensible advice.