I'm confused. I thought the dollars you hold in the bank are insured by the FDIC. Wouldn't that mean those dollars would ultimately also be...
Seems to me we need to figure out how to deal with the way things are rather than the way they used to be. We live in a country which so far...
You mean the government makes uninsured people so sick they need to visit the ER? And you really think hospitals eat these bills and they don't...
Really? You wouldn't care to guess who pays for the uninsured that visit ER's, would you?
[ATTACH] Source: http://www.worthpoint.com/worthopedia/priestly-blessing-western-wall-and-armageddon-lot-3-state-gold-medals-1988-9-18mm
Yep. Too bad don't know which is which at the outset. Otherwise, you wouldn't need insurance. ;)
Agreed. But I'd substitute the word "insurance" for "an investment".
Correct me if I'm wrong, but according to this site, the purchase limit for I-series bonds is $10K per year per SS#:...
Yep. Got some of that, too . . . a little gold, a stack of cash, some intermediate-term US government securities (hey, if they're good enough for...
Neither would I. But then I don't think of gold as an asset. I think of gold as insurance with the added side benefit of having something most...
The problem is, I'm a lousy guesser as to the movement of the markets. Odds are, I'd sell just before gold prices really took off or buy just...
Agreed. But then I don't buy gold as an investment. I buy gold as a way to hedge against my investments. Presumably, if I'm taking large losses...
Yep. Did that too. :)
I don't. But it doesn't hurt to know that I could take a big loss on my recent gold purchases and still be profitable overall.
Like the last 20 depression in gold when I was buying MS-63 Saints for $495 each?
Wierder still is that gold seems to be moving in concert with the S&P 500. Aren't their actions supposed to run counter to each other? In other...
Thanks. :)
Good advice. Your argument about the possibility of needing the money today is why I'm not prepared to bet the farm on gold. But I doubt anyone...
True. Nevertheless, I still contend that gold is SERIOUSLY undervalued. That's why I intend to increase my holdings in it. Regardless of...
If only the SC Treasurer's office had provided footnotes in their report. :( Not that it would have made much difference to me. I'm a buyer...
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