Gold as Commodity?

[GWB]

Hello, Lane,

If gnucash is crashing, then that's a problem the gnucash user list
might be able to solve, so let's also post emails to
gnucash-user at gnucash.org; I can't remember the method the list uses,
either in the To: or Cc: field.  What operating system are you using,
and which version of gnucash?  Someone else may have more experience
with price editor than I do, and might be able to figure out the
problem.

The earlier replies from Tuomo, John and Plutocrat might point you in
a better direction, that is, treating Gold as a currency.  I would be
interested as well if that were possible.  It would be less accurate,
but easier, than using a Forex account to determine the value of gold
(or silver, bitcoin, etc.).

Anyone else have ideas on this?

Gordon

On Wed, Jan 25, 2017 at 8:59 AM, Lane Lester <lane.lester at gmail.com> wrote:
>
> On Wed, Jan 25, 2017 at 12:08 AM, GWB <gwb at 2realms.com> wrote:
>>
>> Here's the recent thread about gold on lists.gnucash.org:
>>
>> http://lists.gnucash.org/pipermail/gnucash-user/2017-January/068415.html
>
>
> Thanks for the reply, Gordon. The above link and your words were very
> helpful, and I was finally able to set up an account for Goldmoney. I
> selected Stock as the Account Type and Assets as the Parent Account. I
> clicked OK and got the error: You must choose a commodity.
>
> I couldn't find the word "commodity." I clicked Select for Security/currency
> and got a little window with Type and Security as fields. Type offers me
> only stock exchanges, and Security offers me no choices, just a blank field.
> If I type in "Gold," the OK remains grayed out. I typed New and created an
> item with Gold for all fields and FUND for the Type. I was then able to
> click both OK's and create the account.
>
> I then was able to create transactions of my initial purchase and the 5%
> bonus Goldmoney gave me for signing up. I put the grams in for Shares and
> gold price to get the Buy dollars correct. The Balance shows my total grams
> of gold.
>
> The linked thread talked about using the Price Editor to track the value. I
> followed the directions as well as I could, but clicking OK there caused
> GnuCash to crash.
>
> Lane
>
>
> Peace Doctor
> If it is possible, as far as it depends on you, live at peace with everyone.
> Paul's letter to the Christians at Rome 12:18