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 Corporal Kielbasa
aka shiek
Registered: 05/29/04
Posts: 14,870
Loc: urmomsroom
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 Buying gold 
#6085835 - 09/21/06 11:54 AM (6 years, 7 months ago) |
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I figure money and mutual fonds and all that is pretty shadey with such an uncertain future. I heard on the radio gold could possibly go up to 1000 an ounce. Right now its at 600 or so dollars. You can buy one once coins of gold. Then you actually have the bonefied backing no papper dollar that they can print out by the pallet.
think its a good idea, hording a pile of gold? Maybe burry it in the back yard in a cool little chest.
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 Schwip
Never sleeps.
Registered: 06/27/05
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Last seen: 5 months, 27 days
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i bought a little bit of gold when it was low (300/oz)
got a krugerand and a bullion bar
whats gold at now anyway?
im torn between investing more money into it, now thats is sort of higher priced.....but if the US dollar ever nosedives, some gold would be a saving grace, for sure.........
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" If the sky were to suddenly open up there would be no law. There would be no rule. There would only be you and your memories... the choices you've made, and the people you've touched. If this world were to end there would only be you and him and no-one else. "
..............
"MAN! You know there aint no such thing as left over crack!"
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Schwip
Never sleeps.
Registered: 06/27/05
Posts: 3,937
Last seen: 5 months, 27 days
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 Re: Buying gold [Re: Schwip]
#6085845 - 09/21/06 11:57 AM (6 years, 7 months ago) |
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oops...just reread your post...
is it really up to 600?!
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" If the sky were to suddenly open up there would be no law. There would be no rule. There would only be you and your memories... the choices you've made, and the people you've touched. If this world were to end there would only be you and him and no-one else. "
..............
"MAN! You know there aint no such thing as left over crack!"
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Schwip
Never sleeps.
Registered: 06/27/05
Posts: 3,937
Last seen: 5 months, 27 days
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Re: Buying gold [Re: Schwip]
#6085850 - 09/21/06 11:58 AM (6 years, 7 months ago) |
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well damn! 
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" If the sky were to suddenly open up there would be no law. There would be no rule. There would only be you and your memories... the choices you've made, and the people you've touched. If this world were to end there would only be you and him and no-one else. "
..............
"MAN! You know there aint no such thing as left over crack!"
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Corporal Kielbasa
aka shiek
Registered: 05/29/04
Posts: 14,870
Loc: urmomsroom
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Re: Buying gold [Re: Schwip]
#6085852 - 09/21/06 12:00 PM (6 years, 7 months ago) |
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Yeah its seriously up to 6+ a few months ago it was 5. But they see it going up to almost 1000 possibly.
i wasn't thinking of it till now, but i remeber a while ago it was at 3. Wish i got it at that price because i could have flipped my stack real fast.
Whats a good web site to find out more info on this? I would like to see a timeline of the price per oz.
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Wanted:
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Schwip
Never sleeps.
Registered: 06/27/05
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Last seen: 5 months, 27 days
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kitco or monex
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" If the sky were to suddenly open up there would be no law. There would be no rule. There would only be you and your memories... the choices you've made, and the people you've touched. If this world were to end there would only be you and him and no-one else. "
..............
"MAN! You know there aint no such thing as left over crack!"
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Corporal Kielbasa
aka shiek
Registered: 05/29/04
Posts: 14,870
Loc: urmomsroom
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Re: Buying gold [Re: Schwip]
#6085861 - 09/21/06 12:01 PM (6 years, 7 months ago) |
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Quote:
Schwip said:
well damn!
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kindadank
Stranger
Registered: 07/14/03
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You could always buy egold...probably be easier.
http://www.e-gold.com/
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Corporal Kielbasa
aka shiek
Registered: 05/29/04
Posts: 14,870
Loc: urmomsroom
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i want the gold in me pocket though
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ZippoZ
Knomadic
Registered: 06/17/03
Posts: 12,629
Loc: Pongyang, North Korea
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i would have to say that at this time i wouldnt bet gold to be a good investment.
I used to follow its price about a year or 2 ago, when it was un the $300's, and often used to say "hmmmm a oz of weed or an oz of gold) as they were roughly the same price.
but having seen it shoot up in price that quickly (mostly in regards to some economic rules put out by china) i really cant see it being anything stable, especially beacuse since it hit that high it hasnt done anything spectatular.
also i have seen buy gold now opportunites on the internet, and on late night tv, which also leads me to think that it not a good investment at this time.
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PEACE
 zippoz
"in times of widespread chaos and cofusion, it has ben the duty of more advanced human beings - artists, scientists, clowns, and philosophers - to create order. In such times as ours however, when there is too much order, too much m anagment, too much programming and controll, it becomes the duty of superior men and women and women to fling their favorite monkey wrenches into the machinery. To relieve the repression of the human spirit, they must sow doubt and disruption"
"People do it every day, they talk to themselves ... they see themselves as they'd like to be, they don't have the courage you have, to just run with it."
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Schwip
Never sleeps.
Registered: 06/27/05
Posts: 3,937
Last seen: 5 months, 27 days
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coins are the way to go...
you got bullion value on top of numismatic value then 
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" If the sky were to suddenly open up there would be no law. There would be no rule. There would only be you and your memories... the choices you've made, and the people you've touched. If this world were to end there would only be you and him and no-one else. "
..............
"MAN! You know there aint no such thing as left over crack!"
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Corporal Kielbasa
aka shiek
Registered: 05/29/04
Posts: 14,870
Loc: urmomsroom
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Re: Buying gold [Re: Schwip]
#6086467 - 09/21/06 02:55 PM (6 years, 7 months ago) |
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Quote:
Schwip said:
coins are the way to go...
you got bullion value on top of numismatic value then
whats bullion and numismatic value mean if you wouldn't mind expaining?
Zippoz yeah i know. If it goes down to 400 or so i would think about it more.
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elsig
Knowledgespeaks, wisdom listens
Registered: 09/14/06
Posts: 533
Loc: the beach
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Re: Buying gold [Re: Schwip]
#6086490 - 09/21/06 03:00 PM (6 years, 7 months ago) |
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I collect gold, have done so for nearly 15 years. I collect anything that is gold and get it melted into small goldbars, mostly jewlery and stuff. Its a hobby I really enjoy and I have yet to sell one gram of gold. sometimes i have cannabis or some other things people want and I trade for anything in gold. my colection is worth quite a bit, not sure how much, i dont follow the gold prices.
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rod
Ψ
Registered: 06/29/05
Posts: 3,727
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You would be better off in the long run, to invest spare cash,
either in a 401K, or a Roth Ira. as long as you have earned something, you can open a Roth, Gold investing is for 2 types
of people
1. speculators
2. people who think, something bad is going to happen, and
the USA dollar will be worthless, that probably won,t happen
in our lifetime..
IMO
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ZippoZ
Knomadic
Registered: 06/17/03
Posts: 12,629
Loc: Pongyang, North Korea
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Re: Buying gold [Re: rod]
#6086525 - 09/21/06 03:06 PM (6 years, 7 months ago) |
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if youre going get into speculation, i have 2 words for you Raw Land
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PEACE
zippoz
"in times of widespread chaos and cofusion, it has ben the duty of more advanced human beings - artists, scientists, clowns, and philosophers - to create order. In such times as ours however, when there is too much order, too much m anagment, too much programming and controll, it becomes the duty of superior men and women and women to fling their favorite monkey wrenches into the machinery. To relieve the repression of the human spirit, they must sow doubt and disruption"
"People do it every day, they talk to themselves ... they see themselves as they'd like to be, they don't have the courage you have, to just run with it."
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Corporal Kielbasa
aka shiek
Registered: 05/29/04
Posts: 14,870
Loc: urmomsroom
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Re: Buying gold [Re: elsig]
#6086544 - 09/21/06 03:09 PM (6 years, 7 months ago) |
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collect gold as in go out panning and such? or do you mean already proccesed gold?
--------------------
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Wiccan_Seeker
gold foil hat admin
Registered: 02/06/02
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Re: Buying gold [Re: elsig]
#6086548 - 09/21/06 03:10 PM (6 years, 7 months ago) |
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Quote:
I collect gold, have done so for nearly 15 years. I collect anything that is gold and get it melted into small goldbars, mostly jewlery and stuff.
If we catch you, do we get three wishes? 
Congratulations Schwip!! 300 --> 600
The best gold in the world (99.999% pure I believe) is made by the Canadian Mint who sell it as all sorts of coins, even coins with a psychedelic hologram effect stamped into the gold
Remember that gold can CORRODE if stored improperly.
Platinum is best, but you might look into diamonds as well
If things get rough (lets say the USA gets totalitarian and nonconformist citizens have to flee the country, a diamond can be turned into a pea-sized package which you swallow, fly around the world and poop out a few thousand dollars 
Edited by Wiccan_Seeker (09/21/06 03:18 PM)
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Corporal Kielbasa
aka shiek
Registered: 05/29/04
Posts: 14,870
Loc: urmomsroom
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Re: Buying gold [Re: rod]
#6086573 - 09/21/06 03:15 PM (6 years, 7 months ago) |
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Quote:
rod said:
You would be better off in the long run, to invest spare cash,
either in a 401K, or a Roth Ira. as long as you have earned something, you can open a Roth, Gold investing is for 2 types
of people
1. speculators
2. people who think, something bad is going to happen, and
the USA dollar will be worthless, that probably won,t happen
in our lifetime..
IMO
Who is to say something won't happen. unless we clean up our act, shit will hit the fan. our president has no ethical motives other then his own. he is breaking international laws of the geneva convention type. He is trying to get another war started before november. When will the world say enough is enough?
Mutual funds are good, but its dependent on things with variables that can make or break you. You have to trust in people and the economical stuff.
We keep printing out cash and our doller is getting to be wurth less n less.
Land is a good option as long as you can afford to keep it.
--------------------
Wanted:
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Pleurotus cystidiosus
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Agrocybe aegerita
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elsig
Knowledgespeaks, wisdom listens
Registered: 09/14/06
Posts: 533
Loc: the beach
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lol, yes you get 3 wishes , catch me if you can, im on the other end of the rainbow
and i ment allready processed gold
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Wiccan_Seeker
gold foil hat admin
Registered: 02/06/02
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Quote:
We keep printing out cash and our doller is getting to be wurth less n less.
The dollar isn't worth jack because its ink on paper, that isn't backed by a gold reserve anymore, in a country thats several $1.000.000.000.000 in debt, ruled by a government incresingly alienated from its people, the world population and international conventions.
It will sound silly to most here but Americans: there may come a time that you have to get yourself to safety, just like in any other country in the world. Imagine mass arrests for small vices, martial law, making it only a matter of time before you are next.
If you have a cash surplus I'd say it would be wise to take part of that surplus and convert it into something of inherent value.
Silver, Gold, Palladium, Platinum, Sapphires, Rubies, Diamonds.
This would be good to have even if it didn't yield you a profit, but if you can afford to wait, value tends to increase.
Edited by Wiccan_Seeker (09/21/06 03:27 PM)
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