Gold Investing Poll

I knew a caterer who was going out of business. She gave me an industrial roll of tin foil. We have been using it for ten years now.

 

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Are you trying to insult me?

 

As long as you don't tell people you have a SentrySafe:

That is often the goal, but of course there is no assurance it will do any such thing. Much still depends on what price you buy it at, how long you hold it, and what price you sell it at.

I would be careful how you word such statements. You have no idea what Warren Buffet is actually trying to do and I guarantee you he has much better lawyers than you do should he decide to launch a defamation lawsuit against you. Not that I think he would since we aren't really worth his time, but you never know...

 

no that was in reply to the tin foil comment.

 

With all due respect, Josh; would you care to elaborate?

 

If you purchased 62 oz of gold in 2000 for $280 oz = $17,360 and sold it in the second half of 2011 for $1900 oz $117,800 you would have profitted $100,440

Some people that work for fortune 25 companys could afford the $17,360

I sold all my coins already )o:

 

what exactly do you want me to elaborate on?

 

Yeah, and I could say, "if you bought stock X in 2009 and sold this year....". Choosing low and high points in a market cycle does not prove anything. What is someone bought in 2012? How they doing? Same thing, best or worst case examples does not prove a rule.

 

He's been manipulating people for over 60 years? So he can what, wait to pounce when the time is just right, or die, whichever happen first? I think not.

 

If I could afford to buy 10ozs., I certainly wouldn't be bumpin' my gums about it online. Time to get real or get robbed.

 

Let's begin, shall we?

1 the us is giving Ukraine money not taking it from them

http://www.cnn.com/2014/03/04/politics/ukraine-us-aid/

2. The world runs on gold? I could believe oil but I've never put gold in my gas tank

3. Lastly why oh why did you hold out for a week before working at a Pmex?

 

I think you're going to see it rise a bit as people buy jewlery for the holiday season, then it will DROP and level off at some point.

That's just my guess though, based on the charts. I don't think we are recovered yet from the boom that happened after the 2008 finincial crisis (and you can trace it further back to the beginning of the millenium).

Nobody can predict the future.

The same thing happened before though, in the 80's if I recall correctly. There will always be booms and busts. Adjusting for inflation and looking at the last several decades it still seems overspeculated IMO.