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Message: <blockquote data-quote="MrCat" data-source="post: 27667071" data-attributes="member: 38575">Agree with this a 100%. With a global recession around the corner, the most vital thing is to try and preserve the value of your money, without worrying too much about any gains.Fix Deposits are useless as long as the real interest rates (FD rate - Inflation rate) are negative.Gold does not seem too overpriced in SL, when compared to the actual dollar value of a Stirling pound.24 karat gold, price per gram internationally (approximate): 60 USD24 karat gold, price per 'Pauma' (pound Stirling) : 60 x 8 = 480 USDAt around Rs370 per USD, 24 karat gold price:  Rs.177,600At around Rs400 per USD, 24 karat gold price:  Rs.192,000Is there any gold available to buy at around Rs.180,000 - 200,000 per pound (note that this example is for 24 karat, not 22)? I am not sure.[ATTACH=full]169668[/ATTACH]</blockquote>

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