Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold beats them all -- Cointflation says this century gold has beat everything
>
Reply to Thread
Message:
<p>[QUOTE="desertgem, post: 2671557, member: 15199"]The comparisons of stocks, dollars, and precious metals is inaccurate in my outlook, as precious metals are not a common method of exchange in real life, whereas dollars and stocks are. Compare the worth-volume of stocks traded everyday with that of gold , silver and platinum together. Not even close for precious metals. To invest in currency ( world wide, as precious metal are ) or stocks involve an intense amount of concentration and knowledge. True investment in precious metals by the average person is a "buy it and hide it" scenario rather than the stock slogan ' Don't fall in love with it'. Investment would be to sell it also when the ratio seems profitable. Few do. I traded stock and bullion in the pre-internet days and the time delays for telephone and snail-mail to handle transaction was bad, unless you lived in a major population area within travel time. "Physical Bullion investment" involves shipping etc. for most to buy or sell, so it is done at a low level. Today most bullion investment is done as "paper" and is usually the driving force for the more rapid rise and loss of bullion prices. </p><p><br /></p><p>Bullion companies want to sell to you when they need the cash, but when their analysis says the price is going down, they change the slant of the articles to 'Buy for the long term' in their email sheets and they change the buyback price lower to accumulate for the next cycle. Every large bullion dealer is deeply immersed in the 'Paper market' as your middleman ( money) and even they sometimes get burned or collapse financially because they started believing their own articles. </p><p><br /></p><p>The lowman in the chain ( you and I, etc) can not control the future price of any commodity, mint issue coins, artist tokens, rare minerals, land, etc. We just have to be tolerant in learning and understanding finances, and being patient and really thinking about what we hear and read. DO not believe " when it drops another $, i'll back the truck up. " doubtful! The world will end and precious metals will make me the 'Man of the county' . In military summary for survival PMs are small to little , or 'I guarantee the price of this will rise in the next few years' Get it in writing and notarized. Be Suspicious and read . Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 2671557, member: 15199"]The comparisons of stocks, dollars, and precious metals is inaccurate in my outlook, as precious metals are not a common method of exchange in real life, whereas dollars and stocks are. Compare the worth-volume of stocks traded everyday with that of gold , silver and platinum together. Not even close for precious metals. To invest in currency ( world wide, as precious metal are ) or stocks involve an intense amount of concentration and knowledge. True investment in precious metals by the average person is a "buy it and hide it" scenario rather than the stock slogan ' Don't fall in love with it'. Investment would be to sell it also when the ratio seems profitable. Few do. I traded stock and bullion in the pre-internet days and the time delays for telephone and snail-mail to handle transaction was bad, unless you lived in a major population area within travel time. "Physical Bullion investment" involves shipping etc. for most to buy or sell, so it is done at a low level. Today most bullion investment is done as "paper" and is usually the driving force for the more rapid rise and loss of bullion prices. Bullion companies want to sell to you when they need the cash, but when their analysis says the price is going down, they change the slant of the articles to 'Buy for the long term' in their email sheets and they change the buyback price lower to accumulate for the next cycle. Every large bullion dealer is deeply immersed in the 'Paper market' as your middleman ( money) and even they sometimes get burned or collapse financially because they started believing their own articles. The lowman in the chain ( you and I, etc) can not control the future price of any commodity, mint issue coins, artist tokens, rare minerals, land, etc. We just have to be tolerant in learning and understanding finances, and being patient and really thinking about what we hear and read. DO not believe " when it drops another $, i'll back the truck up. " doubtful! The world will end and precious metals will make me the 'Man of the county' . In military summary for survival PMs are small to little , or 'I guarantee the price of this will rise in the next few years' Get it in writing and notarized. Be Suspicious and read . Jim[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold beats them all -- Cointflation says this century gold has beat everything
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...