Is this forum named correctly?

Discussion in 'Bullion Investing' started by Jason.A, May 6, 2018.

  1. Jason.A

    Jason.A Active Member

    Bullion "investing?" Is that actually a good title for the forum?
    Some of us are just: Bullion buying? Bullion collecting? Bullion insurance?

    I buy a small amount of bullion each year as insurance, basically. At the least, bullion keeps pace with inflation. It's a way to make sure a tiny part of my money will at least keeps its value.

    When I buy bullion I am under no illusion that I could make more money with it than I could in stocks or bonds. But, that would carry risk.

    Do you think the forum is named correctly?
     
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  3. rte

    rte Well-Known Member

    I sold a piece the other day :D is there a winners circle section?
    It boils down to the Old Adage of everyone does it different.
    I had to scroll back up top to see if I was still on CoinTalk.com
     
  4. Jason.A

    Jason.A Active Member

    Why not call it "Bullion?" Not everyone who buys bullion is "investing."
     
  5. tommyc03

    tommyc03 Senior Member

    Maybe better posited to Peter Davis?
     
  6. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    You have a very fair point, especially considering how most novices view metals (or coins for that matter).
     
  7. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    This has come up in the past, and most who 'collect' bullion for various reasons often claim that they are investing in an uncertain future. There are few collectors who have none in their possession and few that have only bullion in their possession. Some invest using options and contracts. If we named it for the majority of new members, it could be called "Getting rich with bullion quickly" as that is the main thesis. Some just like getting something for nothing other than their time ( hunting bank boxes for a few silver coins), but that was possible 10 or more years ago. I remember bank boxes of halves that were 25% silver, but those days are long gone, but the writers of webblogs and youtubes still make it seem it is still happening. I don't think the title will be changed. Jim
     
  8. longnine009

    longnine009 Hammer of the gods

    It should be called the gush for wallstreet / guru aggrandizement room.
     
    Last edited: May 7, 2018
  9. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    Meh... most of the posts are bullion related...and just about every bullion forum has the same type of banter going on... heck, almost all of them have the 1 clown that believes he knows all and really knows nothing... but I'm not going to name names
     
  10. crazyd

    crazyd Member

    Bullion coins for saving/insurance/storm, investment, hobby/collecting/fun. A little of everything for me I guess.
     
  11. Mr Roots

    Mr Roots Underneath The Bridge

    If you want to know if this form is named correctly just start a thread asking “What’s the best way to invest in silver” ...the majority of the answers will be “it’s stupid to invest in silver”
     
  12. Santinidollar

    Santinidollar Supporter! Supporter

    I invest in stocks and bonds and a lot of people would call me stupid. The subject of “investments” draws all sorts of opinions — ranging from thoughtful observations to incoherent nonsense coming from fools and trolls.
     
  13. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    My personal standard is that if it doesn’t have an income flow, it’s not an investment; it’s speculation.
     
    ldhair likes this.
  14. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    It's sometimes difficult to distinguish the difference between the latter two.
     
  15. desertgem

    desertgem MODERATOR Senior Errer Collecktor Moderator

    Aww Kurt, all of life is a speculation. Don't be a mongygumper.
     
    MisterWD and tommyc03 like this.
  16. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    Gee whiz, Jim. I'm sorry if being of the same opinion as Warren Buffett makes me some kind of radical in your eyes, or perhaps ill-suited for life on CoinTalk. (Actually, I'm NOT sorry, not even a little bit.)
     
  17. medoraman

    medoraman Supporter! Supporter

    But yet Warren Buffet is not against speculation in his "investment" fund. Remember he had a large silver position once. Plus, if you have enough you can rent it out and get current income from it, so it is a very blurry line, one which does not really help.

    If you think of your pm as mathematically lowering your volatility of your entire portfolio, its really an investment. If you like pretty coins, its your hobby money. Personally I am in the latter.
     
  18. SLACKACTION

    SLACKACTION UNION REPRESENTATIVE

     
  19. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

    I'm the latter, too. My collection includes aluminum, brass, zinc (some plated, some not), and just about any other alloy ever used for coins. It contains a fair bit of silver, and a little (none added this millennium) gold. I sold off almost all my gold in August 2011.
     
  20. Clawcoins

    Clawcoins Well-Known Member

    I couldn't find mongygumper in the dictionary ....
     
  21. V. Kurt Bellman

    V. Kurt Bellman Guardian of The Farce, & Dead-Eye Master

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