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InvisibleLunarEclipse
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Registered: 10/31/04
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! *DELETED* [Re: koppie]
    #7838689 - 01/06/08 10:18 AM (16 years, 26 days ago)

Post deleted by LunarEclipse

Reason for deletion: n/a



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Anxiety is what you make it.


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InvisibleAsante
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: LunarEclipse]
    #7838883 - 01/06/08 11:13 AM (16 years, 26 days ago)

OnlyGold has a 10 ounce minimum order though, places like APMEX and KITCO also have a good reputation.

You can get BURNED in places like eBay. I read the tale of woe of an investor who bought a dozen or so gold coins (at $750 a pop) and found them to be lead coins with gold paint on them. Particularly suspect is any eBay delivery from Asia. eBay is a good place to unload though as people there often bid higher than you'd get elsewhere.

A good real-world coinshop can have the coins also, and at a good price. You walk in, put cash on the table and walk out with your Krugs, Eagles or Maples.


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Omnicyclion.org
higher knowledge starts here


Edited by Asante (01/15/08 03:41 AM)


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Invisibleusg543
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Registered: 02/11/07
Posts: 5,192
Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: Asante]
    #7840372 - 01/06/08 04:40 PM (16 years, 26 days ago)

thanks for the info wiccan,

what do you personally buy?

coins, bars, by the ounce, what?


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Offlinep0ng
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: koppie]
    #7840945 - 01/06/08 07:26 PM (16 years, 26 days ago)

just wondering but, who is going to buy your gold if it hits $1,500???


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InvisibleAsante
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: usg543]
    #7841095 - 01/06/08 07:59 PM (16 years, 26 days ago)

Quote:

just wondering but, who is going to buy your gold if it hits $1,500???




Do you think the gold trade will cease when gold eases towards 1.500?

The 1980 price in today's dollars, inflation corrected, is in the order of $2.000 so 1.500 isn't that high.

Quote:

what do you personally buy?

coins, bars, by the ounce, what?




Happy birthday :smile:

As for gold, I prefer 1oz bullion coins. For silver, kilo bars (31.1oz) because I live in (metric) Europe.


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Omnicyclion.org
higher knowledge starts here


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Offlinebodynotdead
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: p0ng]
    #7841104 - 01/06/08 08:01 PM (16 years, 26 days ago)

Gold's appeal is nothing new. Since the dawn of creation, gold has been a store of value, a universal monetary substance, in all civilizations. Gold has united mankind regardless of race, religion or politics.

Gold transcends left-right politics because it's value is based upon ultimate economic truth and substance; rather than symbolic paper wealth, which rests upon a shaky U.S. dollar foundation.

CALL SWISS AMERICA at 800-289-2646, or register to request their free "Gold 101" DVD, and "Rediscovering Gold" book,

Do it its free because money matters
Ha, I think I am going ot like this.


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"absolute power corrupts absolutely".
Lord Acton,


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OfflineBrandon2874
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: bodynotdead]
    #7841790 - 01/06/08 10:45 PM (16 years, 26 days ago)

Gold is at somewhat of a high point right now, not to say that it won't go higher, but be sure to make smart investments and realize the possibility that any investment, including gold can take a downward turn.


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Invisiblekoppie
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: Asante]
    #7843323 - 01/07/08 12:07 PM (16 years, 25 days ago)

Quote:

Wiccan_Seeker said:

As for gold, I prefer 1oz bullion coins. For silver, kilo bars (31.1oz) because I live in (metric) Europe.




Now I'm imagining Wiccan sitting on a huge stack of silver bars, juggling bullion coins.

Next question:

Don't you need a safe deposit box in a bank to store that stuff? is hiring those expensive?

I suppose you could keep them in a safe in your home, or under your bed or in a biscuit tin on a shelf in your secret lab in the Bat Cave.

Don't answer this if you think it will compromise security. I don't want to be responsible for a crack team of ninjas raiding your sock drawer and getting away with your hidden millions.


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OfflinegeokillsA
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: koppie]
    #7843875 - 01/07/08 02:49 PM (16 years, 25 days ago)

A safe deposit box will be the safest way to store your valuable items, including precious metals. A typical safe deposit box at a big bank here in southern California will cost somewhere between $50 - $120 per year depending on size. I've also noticed that these deposit boxes are in very high demand, and it is often hard to find a local bank with any available!


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InvisibleAsante
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: koppie]
    #7844174 - 01/07/08 03:44 PM (16 years, 25 days ago)

Quote:

Don't you need a safe deposit box in a bank to store that stuff?




You don't have to, but I do.


Quote:

Now I'm imagining Wiccan sitting on a huge stack of silver bars, juggling bullion coins.




I wish. I'm into it deep, but deeply with a small investable sum.

I'm nowhere near rich, please realize that. If some of the above experts are right and a $15 silver Maple becomes a $100 silver Maple and a $850 gold Krug becomes a $2.200 Krug , I'd be a very happy camper though.

Gold and silver seem a good investment for many, but especially for the smalltime investor like myself it's attractive. It's uncomplicated, and remember gold and silver have been valued for thousands of years, while just about every currency and organization that has existed, has crumbled to dust eventually.


--------------------
Omnicyclion.org
higher knowledge starts here


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Offlinerawtoxic
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: Asante]
    #7852469 - 01/09/08 06:01 AM (16 years, 23 days ago)

Fuck that, if all chaos breaks or banks crash I would not want my gold in some banks safe deposit box that will be the first place to looted/robbed.

And all you people buying gold might want some guns to protect it, if all breaks lose GUNS and AMMO will be worth more there weight in gold.


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Offlineabesh
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: rawtoxic]
    #7852779 - 01/09/08 09:33 AM (16 years, 23 days ago)

That is kind of what I was thinking too. I have a shotgun, a .45 , and some .22 .... But if the time ever came, I would love to have an assault rifle.


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If there are no stupid questions, then what kind of questions do stupid people ask? Do they get smart just in time to ask questions?
- Scott Adams


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Invisibleusg543
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Registered: 02/11/07
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: rawtoxic]
    #7852896 - 01/09/08 10:05 AM (16 years, 23 days ago)

:rofl2:

good thinking rawtoxic, i guess i will buy that gun i wanted.


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Offlineabesh
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: usg543]
    #7853060 - 01/09/08 10:59 AM (16 years, 23 days ago)

Then again our economy going to sh!t is a more likely scenario then world-war 3, and in that case gold would be better than guns..... unless you plan to rob peoples gold.


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If there are no stupid questions, then what kind of questions do stupid people ask? Do they get smart just in time to ask questions?
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InvisibleIcelander
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Registered: 03/15/05
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: geokills]
    #7864811 - 01/11/08 12:28 PM (16 years, 21 days ago)

Quote:

geokills said:
A safe deposit box will be the safest way to store your valuable items, including precious metals. A typical safe deposit box at a big bank here in southern California will cost somewhere between $50 - $120 per year depending on size. I've also noticed that these deposit boxes are in very high demand, and it is often hard to find a local bank with any available!





I have heard that if a bank fails and closes your safe deposit box may be unavailable to you for a long time?


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"Don't believe everything you think". -Anom.

" All that lives was born to die"-Anom.

With much wisdom comes much sorrow,
The more knowledge, the more grief.
Ecclesiastes circa 350 BC


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InvisibleIcelander
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: abesh]
    #7864831 - 01/11/08 12:31 PM (16 years, 21 days ago)

Quote:

abesh said:
That is kind of what I was thinking too. I have a shotgun, a .45 , and some .22 .... But if the time ever came, I would love to have an assault rifle.




Let's take this further. A preserved stock of food (lets say 6 months to a year) and high quality clothing and survival gear (good backpacking gear). There's more of course but you get the idea. In a crunch staying alive and healthy would be your most valuable asset.


--------------------
"Don't believe everything you think". -Anom.

" All that lives was born to die"-Anom.

With much wisdom comes much sorrow,
The more knowledge, the more grief.
Ecclesiastes circa 350 BC


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InvisibleVeritas
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: Icelander]
    #7865272 - 01/11/08 02:20 PM (16 years, 21 days ago)

Yes, and for trading with others (if the whole money system falls flat), I'd stock up on necessities and addictive items (coffee, cigs, candy).


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InvisibleIcelander
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: Veritas]
    #7865409 - 01/11/08 02:51 PM (16 years, 21 days ago)

and nylons :wink:


--------------------
"Don't believe everything you think". -Anom.

" All that lives was born to die"-Anom.

With much wisdom comes much sorrow,
The more knowledge, the more grief.
Ecclesiastes circa 350 BC


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InvisibleVeritas
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: Icelander]
    #7865681 - 01/11/08 04:07 PM (16 years, 21 days ago)

Ugh, one of the few benefits of a total economic collapse would be NOT having to wear nylons!  :tongue:


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InvisibleAsante
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Re: Gold -- Here's 45 financial experts who claim it will soon go way over the $1.000 mark! [Re: Icelander]
    #7865849 - 01/11/08 04:41 PM (16 years, 21 days ago)

The least one should have (and I mean the very least) is a weeks supply of food and drink for the family.

A months supply would be far better as hyperinflations typically last a few weeks.


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Omnicyclion.org
higher knowledge starts here


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