Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Why should I invest in Gold coins?
>
Reply to Thread
Message:
<p>[QUOTE="fatima, post: 1334521, member: 22143"]You are taking too much responsibility for your posts as I didn't read whatever it is you are referring to. While I try to read everything here, I have to weed out the less important ones due to lack of time. My response, which didn't quote anyone, was in reference to what other forumers had posted. </p><p><br /></p><p>Answering your question, if I were to liquidate my PM holdings right now, I would make a considerable windfall. If I had listened to the "common wisdom" I wouldn't own any PMs at all. PM ownership requires the party to cast off the notions of mainstream society because beyond the numismatic appeal, bullion ownership is disparaged. Even the chairman of the Federal Reserve said under oath to congress, that gold was not money. We are supposed to forget the 7000+ tons of it sitting in the basement of his bank and the additional 7000 tons he holds on account. This is the same liar who determines the worth of the USD. IMO, and it is an <u>opinion</u>, you don't listen to their words, you watch what they do. Talk is cheap. </p><p><br /></p><p>I agree with you that you need to diversify, what you call "basket of investments", but everyone here should know that. I'm not here to talk about basic investing. I'm here to talk about gold and silver. I have never said that one should ONLY hold gold, but anyone with open eyes also should realize the status quo of investing doesn't hold water anymore. i.e. Diversification doesn't mean buying into corruption no matter how many will tell you otherwise. Until a few years ago, people constantly ranted on to purchase the most expensive house that you can finance. This worked, until it didn't. The complete lack of understanding of that dynamic means there is now a river of crocodile tears from underwater homeowners.[/QUOTE]</p><p><br /></p>
[QUOTE="fatima, post: 1334521, member: 22143"]You are taking too much responsibility for your posts as I didn't read whatever it is you are referring to. While I try to read everything here, I have to weed out the less important ones due to lack of time. My response, which didn't quote anyone, was in reference to what other forumers had posted. Answering your question, if I were to liquidate my PM holdings right now, I would make a considerable windfall. If I had listened to the "common wisdom" I wouldn't own any PMs at all. PM ownership requires the party to cast off the notions of mainstream society because beyond the numismatic appeal, bullion ownership is disparaged. Even the chairman of the Federal Reserve said under oath to congress, that gold was not money. We are supposed to forget the 7000+ tons of it sitting in the basement of his bank and the additional 7000 tons he holds on account. This is the same liar who determines the worth of the USD. IMO, and it is an [U]opinion[/U], you don't listen to their words, you watch what they do. Talk is cheap. I agree with you that you need to diversify, what you call "basket of investments", but everyone here should know that. I'm not here to talk about basic investing. I'm here to talk about gold and silver. I have never said that one should ONLY hold gold, but anyone with open eyes also should realize the status quo of investing doesn't hold water anymore. i.e. Diversification doesn't mean buying into corruption no matter how many will tell you otherwise. Until a few years ago, people constantly ranted on to purchase the most expensive house that you can finance. This worked, until it didn't. The complete lack of understanding of that dynamic means there is now a river of crocodile tears from underwater homeowners.[/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
>
Why should I invest in Gold coins?
>
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...