Sovereign Gold Bond - Is it the right time to invest now?

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Deal Subedar
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I am not much familiar with Gold prices. I want to invest some amount in SGB. If you understand Gold price movement, can you please advice me : whether i should invest in SGB now or wait for few months.

Looking a price charts, i feel Gold prices may reduce a little bit in coming months.

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10 Dimers
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Entertainer
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U need Paid advice or Free ?

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micke wrote:

I am not much familiar with Gold prices. I want to invest some amount in SGB. If you understand Gold price movement, can you please advice me : whether i should invest in SGB now or wait for few months.

Looking a price charts, i feel Gold prices may reduce a little bit in coming months.

any time horizon and specific goals or just like that ..parking some funds?

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Deal Subedar
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aruhere wrote:

any time horizon and specific goals or just like that ..parkibg some funds?

No goals as such. just parking some excess funds

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Deal Subedar
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There is probably going to be recession early next year, the yield curve has already inverted a few weeks back. All the investors will look to park their money in gold and its price will rise.

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micke wrote:

No goal as such. just parking some excess funds

well i myself don’t know much (tagging others for their guidance, views) on bullion as a commodity investment (long term) or trading in it…
but the Basel 3 norms https://www.bis.org/bcbs/basel3.htm did bring back the gold standard.. at-least on paper.
[discount the tall tales though https://www.kitco.com/commentaries/2019-04-02/Will-Basel-III-Send-Gold-to-the-Moon-Report-2-Apr.html]

empirically bullion, and specifically gold, like comfort foods (and passionate love making), is where people/ countries go to.. in times of distress (or to feel better).

again, as per historical data, our (allegedly) poor country.. its households, hoarders.. consume around (give or take ±7-8%) one thirds of world gold production and maybe the demand is even higher between 35 or 45%.

so now.. depending on your buffers/liquidity and ability to not loose sleep if stop-loss gets trigerred (as per your risk appetite), tentative time horizon
A N D
your outlook on international geopolitical climate, views on desi economy.. you may take a call. https://www.motilaloswal.com/article_new.aspx/1289/Understanding-the-nuances-of-setting-stop-losses-for-trading

like.. whether Drumph-China, Drumph-EU trade wars continue or say some fresh invasions after the election year cause turmoil.. then gold “may” find more favour (instead of $,€,£,₹)..
OR some portfolio reallocation (be it of various central banks or institutional monies).
.
similarly, if when THE Supreme Leader cum living embodiment of BrahmaVishnuMahesh makes Bharat a quadrillion dollar economy (with a snap of his fingers)
and inflation will be gone, people will have enough surplus, discretionary spending/investing (just like you in this case), more euphoria..
… …
…… ….. .. then too
gold as an investment of choice, or cushion against capital erosion will be preferred.
.
.
For now just take a call on what you feel.. or what real economists or political watchdogs feel.. will be the scene in the next 24 to 30 months.
.
Going by the “massive” borrowings our Gods have created and haphazard on the sly piecemeal sale of family jewels (PSUs) to fund relevant/irrelevant projects…
all this (current) window dressing/ creative accounting of numbers/ statistics won’t last forever (so please note).
.
matlab ki.. underwear chhed wali pehno aur Bugatti Chiron Sport ‘110 Ans’ EMI pe le lo.. tou chaddi ka chhed ..day by day badaa hee hoga.. and finally (will) be visible to all.
(Bharat is currently in this situation).

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Critic
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Historically, gold prices tend to come down a little around Feb end to March. But other factors can change this trend. The country has already gone into recession mode and Gold is a preferred instrument at times of recession. Secondary market rates of SGB tend to be lower than the ongoing gold rates. So picking up from the secondary market can be a better option than direct subscription. Of course, as the interest is payable on face value, the annual payout would be less for SGB taken from secondary market.

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Deal Lieutenant
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aruhere wrote:

well i myself don’t know much (tagging others for their guidance, views) on bullion as a commodity investment (long term) or trading in it…
but the Basel 3 norms https://www.bis.org/bcbs/basel3.htm did bring back the gold standard.. at-least on paper.
[discount the tall tales though https://www.kitco.com/commentaries/2019-04-02/Will-Basel-III-Send-Gold-to-the-Moon-Report-2-Apr.html]

empirically bullion, and specifically gold, like comfort foods (and passionate love making), is where people/ countries go to.. in times of distress (or to feel better).

again, as per historical data, our (allegedly) poor country.. its households, hoarders.. consume around (give or take ±7-8%) one thirds of world gold production and maybe the demand is even higher between 35 or 45%.

so now.. depending on your buffers/liquidity and ability to not loose sleep if stop-loss gets trigerred (as per your risk appetite), tentative time horizon
A N D
your outlook on international geopolitical climate, views on desi economy.. you may take a call. https://www.motilaloswal.com/article_new.aspx/1289/Understanding-the-nuances-of-setting-stop-losses-for-trading

like.. whether Drumph-China, Drumph-EU trade wars continue or say some fresh invasions after the election year cause turmoil.. then gold “may” find more favour (instead of $,€,£,₹)..
OR some portfolio reallocation (be it of various central banks or institutional monies).
.
similarly, if when THE Supreme Leader cum living embodiment of BrahmaVishnuMahesh makes Bharat a quadrillion dollar economy (with a snap of his fingers)
and inflation will be gone, people will have enough surplus, discretionary spending/investing (just like you in this case), more euphoria..
… …
…… ….. .. then too
gold as an investment of choice, or cushion against capital erosion will be preferred.
.
.
For now just take a call on what you feel.. or what real economists or political watchdogs feel.. will be the scene in the next 24 to 30 months.
.
Going by the “massive” borrowings our Gods have created and haphazard on the sly piecemeal sale of family jewels (PSUs) to fund relevant/irrelevant projects…
all this (current) window dressing/ creative accounting of numbers/ statistics won’t last forever (so please note).
.
matlab ki.. underwear chhed wali pehno aur Bugatti Chiron Sport ‘110 Ans’ EMI pe le lo.. tou chaddi ka chhed ..day by day badaa hee hoga.. and finally (will) be visible to all.
(Bharat is currently in this situation).

Bhai you did a fantastic job at it. 🤣🤣🤣🤣 Chaddi me ched hua hai bhai. Koi toh sil do. 🤪
Edit: Now Junk Food, Cold Drinks, liquor are our savior.

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Entertainer
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bikidas2060 wrote:

Bhai you did a fantastic job at it. 🤣🤣🤣🤣 Chaddi me ched hua hai bhai. Koi toh sil do. 🤪
Edit: Now Junk Food, Cold Drinks, liquor are our savior.

He always does a gr8 Job

sadly ppl dont recognize him

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bikidas2060 wrote:

Chaddi me ched hua hai bhai. Koi toh sil do. 🤪
Edit: Now Junk Food, Cold Drinks, liquor are our savior.

that hole/ those holes are getting bigger and bigger.
Lets hope it doesn’t come to a stage where nothing is left😔https://cdn0.desidime.com/attachments/photos/597518/medium/6306822D984_2_592_1200.jpg to cover the bare posterior.

mid October 2019 → https://www.financialexpress.com/economy/gst-ta...

second half of November 2019 → https://www.thehindubusinessline.com/news/state...

early December 2019👌 → https://www.thehindu.com/business/Economy/gst-r...

early December 2019👌👌→ https://timesofindia.indiatimes.com/business/in...

early December 2019👌👌👌 → https://www.business-standard.com/article/pti-s...


but the most mellow :P headline comes from the same people who brought us the Goddess who taught us irrefutable cures of blood pressure imbalance and cancer.

their headline → https://www.indiatoday.in/news-analysis/story/g...

edit: relying on such ‘vice’.. might lead to substance abuse. (so) why not buy gold > gold prices go up > one’s networth goes up > happiness = Bhappi Lahri.

orrr try comfort foods (say chocs, sweets of your choice)
orrr orrrr .. passionate love making too might give euphoria (but “addiction” of any of these too isn’t good). hashtag Tiger Woods

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@rajrocks sir @A2Zdeals sir @still_need_specifics sir @marketdimer sir
maybe you all invest in or know of bullion, in general or these instruments in particular?
or otherwise have any inputs¡
aside of helping Mickey मूषक🐀.. selfishly freeloading🤐😔 in the hopes of getting some gyaan ..which might come in handy.. for https://cdn0.desidime.com/attachments/photos/597164/medium/6300807__me.png

😔https://cdn0.desidime.com/attachments/photos/597694/original/630881320191207_022114.jpg🤐

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Deal Brigadier
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aruhere wrote:

@rajrocks sir @A2Zdeals sir @still_need_specifics sir @marketdimer sir
maybe you all invest in or know of bullion, in general or these instruments in particular?
or otherwise have any inputs¡
aside of helping Mickey मूषक🐀.. selfishly freeloading🤐😔 in the hopes of getting some gyaan ..which might come in handy.. for https://cdn0.desidime.com/attachments/photos/597164/medium/6300807__me.png

😔https://cdn0.desidime.com/attachments/photos/597694/original/630881320191207_022114.jpg🤐

1 month survived stuck_out_tongue

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Deal Lieutenant
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F7-Dimer-Primer wrote:

There is probably going to be recession early next year, the yield curve has already inverted a few weeks back. All the investors will look to park their money in gold and its price will rise.

Your prediction is wonderful. Now gold on fire.
Any good MF/stock for upto 3yrs

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Deal Cadet
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Let me know if anyone wants to invest in SGB. Invest through me. Online process. Issue opens 6th July 2020.

Ping me for details.

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dhinchakrohit wrote:

Let me know if anyone wants to invest in SGB. Invest through me. Online process. Issue opens 6th July 2020.

Ping me for details.

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