Comments on: Going for the World’s Gold http://www.mint.com/blog/finance-core/going-for-the-worlds-gold/ The blog of the free, simple personal finance solution. Track all your spending automatically, find the best deals, save more money. And save the world. Fri, 20 Nov 2009 20:48:42 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Rick @ Saint Gaudens Double Eagle http://www.mint.com/blog/finance-core/going-for-the-worlds-gold/comment-page-1/#comment-36696 Rick @ Saint Gaudens Double Eagle Wed, 09 Sep 2009 01:29:39 +0000 http://www.mint.com/blog/?p=1372#comment-36696 Hi, I really have enjoyed your site. Thank You. Hi, I really have enjoyed your site. Thank You. ]]> By: Michael Cash http://www.mint.com/blog/finance-core/going-for-the-worlds-gold/comment-page-1/#comment-28981 Michael Cash Tue, 17 Feb 2009 09:39:35 +0000 http://www.mint.com/blog/?p=1372#comment-28981 Nice article with some good pictures and info. It's interesting to see just how much gold is produced in Australia and Asia. I've heard some stories of people finding multiple-ounce gold nuggets laying on the ground here in the US, but the "largest gold nugget ever found" puts all those accounts to shame. I can't even imagine the feeling of running across a gold nugget that weighs as much as I do. Imagine packing that bugger out of the gold fields. Keep in mind that gold nuggets and other gold "investments" should be viewed as a long term preservation of wealth, and not as a typical money making investment. The purchasing value of currencies will vary which is one factor affecting gold prices but over time, a specific amount of gold will always be able to buy essentially the same amount of goods or services. Gold holds value over the long term while currencies depreciate. Happy Hunting! Nice article with some good pictures and info. It’s interesting to see just how much gold is produced in Australia and Asia.

I’ve heard some stories of people finding multiple-ounce gold nuggets laying on the ground here in the US, but the “largest gold nugget ever found” puts all those accounts to shame. I can’t even imagine the feeling of running across a gold nugget that weighs as much as I do. Imagine packing that bugger out of the gold fields.

Keep in mind that gold nuggets and other gold “investments” should be viewed as a long term preservation of wealth, and not as a typical money making investment. The purchasing value of currencies will vary which is one factor affecting gold prices but over time, a specific amount of gold will always be able to buy essentially the same amount of goods or services.

Gold holds value over the long term while currencies depreciate.

Happy Hunting!

]]> By: Dave http://www.mint.com/blog/finance-core/going-for-the-worlds-gold/comment-page-1/#comment-28813 Dave Thu, 05 Feb 2009 22:56:41 +0000 http://www.mint.com/blog/?p=1372#comment-28813 Since the Bretton Woods Accord, wasn't gold left to others? Isn't Knox empty of gold? Since the Bretton Woods Accord, wasn’t gold left to others? Isn’t Knox empty of gold? ]]> By: Mike http://www.mint.com/blog/finance-core/going-for-the-worlds-gold/comment-page-1/#comment-28602 Mike Fri, 23 Jan 2009 04:15:39 +0000 http://www.mint.com/blog/?p=1372#comment-28602 What a shameless linkbait... What a shameless linkbait… ]]> By: Josh http://www.mint.com/blog/finance-core/going-for-the-worlds-gold/comment-page-1/#comment-28598 Josh Fri, 23 Jan 2009 01:37:57 +0000 http://www.mint.com/blog/?p=1372#comment-28598 While Fort Knox has indeed been around as a military site since the civil war, the bullion depository has only been around since 1937. Before then the gold was stored in various banks, mostly in New York and Philadelphia. History Channel had a show about Fort Knox today. While Fort Knox has indeed been around as a military site since the civil war, the bullion depository has only been around since 1937. Before then the gold was stored in various banks, mostly in New York and Philadelphia. History Channel had a show about Fort Knox today. ]]> By: Goldberg http://www.mint.com/blog/finance-core/going-for-the-worlds-gold/comment-page-1/#comment-28594 Goldberg Thu, 22 Jan 2009 18:21:26 +0000 http://www.mint.com/blog/?p=1372#comment-28594 The NY Fed also is the largest gold repository in the world, holding 5,000 metric tons of gold 8 stories below ground on Manhattan bedrock. There is more gold there than at Fort Knox, although it is mostly foreign countries' reserves. The NY Fed also is the largest gold repository in the world, holding 5,000 metric tons of gold 8 stories below ground on Manhattan bedrock. There is more gold there than at Fort Knox, although it is mostly foreign countries’ reserves. ]]> By: Television Voyeur http://www.mint.com/blog/finance-core/going-for-the-worlds-gold/comment-page-1/#comment-28587 Television Voyeur Thu, 22 Jan 2009 09:15:25 +0000 http://www.mint.com/blog/?p=1372#comment-28587 Largest gold deposit is worth more now considering the value of gold is up but 9,300 pounds still seems low. Largest gold deposit is worth more now considering the value of gold is up but 9,300 pounds still seems low. ]]> By: Jim Ray http://www.mint.com/blog/finance-core/going-for-the-worlds-gold/comment-page-1/#comment-28584 Jim Ray Thu, 22 Jan 2009 05:01:13 +0000 http://www.mint.com/blog/?p=1372#comment-28584 http://news.goldseek.com/LemetropoleCafe/1232380800.php has more of what Roger was talking about, and readers should NOT believe assertions that central banks are accumulating gold absent better proof than what appears in the article. What they've done is leased gold at VERY low interest rates, which has caused a "carry trade" and other distortions which are only now becoming apparent. I'm sure "capitalism" will be blamed when this hits the fan, much like "deregulation" is used to describe the results of $20 Billion more in regulatory spending... http://news.goldseek.com/LemetropoleCafe/1232380800.php

has more of what Roger was talking about, and readers should NOT believe assertions that central banks are accumulating gold absent better proof than what appears in the article. What they’ve done is leased gold at VERY low interest rates, which has caused a “carry trade” and other distortions which are only now becoming apparent. I’m sure “capitalism” will be blamed when this hits the fan, much like “deregulation” is used to describe the results of $20 Billion more in regulatory spending…

]]> By: Patrick http://www.mint.com/blog/finance-core/going-for-the-worlds-gold/comment-page-1/#comment-28582 Patrick Thu, 22 Jan 2009 03:32:50 +0000 http://www.mint.com/blog/?p=1372#comment-28582 What you forgot to mention was the price of gold is rising! Get Cash 4 Gold now! "I got 900 dollars from my old gold jewlery!" Cash 4 Gold! What you forgot to mention was the price of gold is rising! Get Cash 4 Gold now!

“I got 900 dollars from my old gold jewlery!”

Cash 4 Gold!

]]> By: cartier man http://www.mint.com/blog/finance-core/going-for-the-worlds-gold/comment-page-1/#comment-28581 cartier man Thu, 22 Jan 2009 02:52:02 +0000 http://www.mint.com/blog/?p=1372#comment-28581 Will we ever find away to get out of the bank hands??? they got the golds and they rent it, sell it and buy it back? does anyone else notice how crazy that sounds? Will we ever find away to get out of the bank hands???

they got the golds and they rent it, sell it and buy it back?

does anyone else notice how crazy that sounds?

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