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Kruger Rands?

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Super Contributor
Any views on buying Kruger Rands while gold is on the run?
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4 REPLIES 4
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Super Contributor
Problem is to get a decent price when u wanna sell.Good for the the longer term,I say.see gold-eagle.com click on box "technic analysis"
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Super Contributor
In my opinion the gld ETF is a beter buy, the bank actually holds 100/oz physical gold for each one in circulation. It follows the gold price exactly.

Dollar expected to remain weak deep into next year, gold should continue up, furthermore should Rand weaken, more Rand per dollar gold held.
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Not applicable
6% surcharge is the main reason i wont buy krugers again , and there's always the security issue.
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Frequent Contributor
Got a lump sum on ETF Gold only drawback it costs bucks to hold the gold in Johannesburg.
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