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<p>[QUOTE="Pepperoni, post: 129565, member: 5520"]<b>Gold</b></p><p><br /></p><p>I like gold as a hobby, art and a hedge. I own realestate , stocks and high yield money markets as investments. When a company crashes, the first to get paid with what is left are the bond holders. The stock holders usually lose it all. Enron comes to mind. Most in the 1999-2000 years lost half of their holding in good companies like GE, Colgate, Merck, Chevron and the list goes on. The technology markets hit most about 75% of their holdings Cisco , Microsoft etc. . A stock share is a promise to pay the current rate of the price of the stock, nothing more . Some times it is less. My Uncle was a coin dealer and showed me a few things when I was young and gas was 19.9 cents a gallon . An educated guess is better then a blackjack table. We all look at things from a diffent view at different stages of our lives. Will I buy more gold, maybe more like trade, sell a little that no longer interests me and then buy more . I agree that proof sets will not beat all averages, but over twenty years it is not to bad and I have the merchandise. Stock etc have been good to me but I have put in endless hours of reading and forcasting company performance. There is no easy way to get rich. Many of the big shooters started with a plan and secured backing. There have been a few that have boot straped them selves and are very well off. I hope they are as happy as some here.</p><p><br /></p><p>Be well</p><p>Floyd[/QUOTE]</p><p><br /></p>
[QUOTE="Pepperoni, post: 129565, member: 5520"][b]Gold[/b] I like gold as a hobby, art and a hedge. I own realestate , stocks and high yield money markets as investments. When a company crashes, the first to get paid with what is left are the bond holders. The stock holders usually lose it all. Enron comes to mind. Most in the 1999-2000 years lost half of their holding in good companies like GE, Colgate, Merck, Chevron and the list goes on. The technology markets hit most about 75% of their holdings Cisco , Microsoft etc. . A stock share is a promise to pay the current rate of the price of the stock, nothing more . Some times it is less. My Uncle was a coin dealer and showed me a few things when I was young and gas was 19.9 cents a gallon . An educated guess is better then a blackjack table. We all look at things from a diffent view at different stages of our lives. Will I buy more gold, maybe more like trade, sell a little that no longer interests me and then buy more . I agree that proof sets will not beat all averages, but over twenty years it is not to bad and I have the merchandise. Stock etc have been good to me but I have put in endless hours of reading and forcasting company performance. There is no easy way to get rich. Many of the big shooters started with a plan and secured backing. There have been a few that have boot straped them selves and are very well off. I hope they are as happy as some here. Be well Floyd[/QUOTE]
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The Mint has stopped selling gold coins
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