Home | Community | Message Board
You are not signed in.
Sign In New Account
Forum Index Search Posts Trusted Vendors Highlights Galleries FAQ User List Chat Store Random Growery

Magic-Mushrooms-Shop.com
This site includes paid links. Please support our sponsors.

General Interest > Money Matters
Threaded Mode Threaded  Previous topic Previous  View all topics Index  Next topic Next 

Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Jump to first unread post Pages: 1
gold vs platinum
    #9819251 -

I have $10,000 cash that I need to invest before this market crashes. I was looking on http://www.monex.com/prods/gold.html and a few other places.

Where do you recommend buying from? Is platinum a better investment or should I just buy a bunch of gold? There is a guy on ebay selling 100g pampsuiss bars too.

any "brand" better then another?

should I get .999 or .9999?

Should I wait for it to drop? I saw back in '94 it was like $400 an O.

any help greatly appreciated.


--------------------
MY TRADE LIST!!!

FULLY AUTOMATIC!! 12-Pot Multi Grow Hydroponic System for Trade.


Download PSX ISOs

Edited by legallyhomeless (02/18/09 12:55 PM)

Extras: Filter Print Post Top
Re: gold vs platinum [Re: legallyhomeless]
    #9822733 -

im also wondering if gold is going to go back down.  i think i've read that april and may historically are it's "low" months.

im not sure about platium, but these sound good for an investment...

"All the platinum ever mined would fit in the average living room!

Annually, only about 133 tons of platinum are mined, compared to 1,782 tons of gold."

source... http://www.penoir.com/platinum.htm

right now silver and gold are having a rally, so you might want to wait...but then again, they may not come back down...:shrug:


--------------------
http://www.doctorfungus.org

http://www.mushroomexpert.com/

http://www.textbookofbacteriology.net

http://bugs.bio.usyd.edu.au/learning/resources/Mycology/index.html

Extras: Filter Print Post Top
Re: gold vs platinum [Re: LayYouIn]
    #9822886 -

You have $10k at a time when the markets are as low as they have been in a decade and you want to buy gold which is high right now???

You understand the whole "But Low, Sell High" ideology?


--------------------
No, no, you're not thinking, you're just being logical. ~ Niels Bohr

Extras: Filter Print Post Top
Re: gold vs platinum [Re: automan]
    #9824765 -

I do understand that ideology, which is why Im asking questions to find out what would be the best thing to do with this money.


--------------------
MY TRADE LIST!!!

FULLY AUTOMATIC!! 12-Pot Multi Grow Hydroponic System for Trade.


Download PSX ISOs

Extras: Filter Print Post Top
Re: gold vs platinum [Re: legallyhomeless]
    #9825249 -

buy oil certificates first. thats what i would do


--------------------
Been away so long I hardly knew the place
Gee, it's good to be back home
Leave it till tomorrow to unpack my case
Honey disconnect the phone
I'm back in the USSA
You don't know how lucky you are, boy
Back in the US
Back in the US
Back in the USSA

Extras: Filter Print Post Top
Re: gold vs platinum [Re: legallyhomeless]
    #9825709 -

In line with automan's comments, gold is now near the psychologically significant (and previous top) level of $1000/oz.  If it fails to break above that level, we could see the previous metal trading back down to $800/oz very easily.  In the very least, don't put all your eggs in one basket.  Go ahead and buy some gold, but keep some cash for other purchases, perhaps some beaten down stocks to throw in the mix?  I would suggest investing your money in high yielding companies with healthy balance sheets, proven earnings, low debt to cash and good cash flow (all of these factors will help assure you that the dividend is not at risk of being cut).  Meanwhile, the dividend will provide some downside protection as well as recurring income.  I already hold positions in the following stocks and am looking to increase my exposure at the following levels:
  • Altria (MO) @ $15 with an 8.5% annual yield
    This is a tobacco company, known best for the Marlboro brand.

  • Verizon (VZ) @ $26.50 with an 6.9% annual yield
    This is a telecom/cell/technology company.

  • BP plc (BP) @ $40 with a 8.4% annual yield
    This is an integrated oil company, headquartered in the UK.

  • Kinder Morgan Energy Partners (KMP) @ $45 with a 9.3% annual yield
    This is a natural gas pipeline/transportation company, gets paid on volume of transports, not the underlying commodity price.


I am extremely confident that a 5 year+ investment in the aforementioned names will be a safe and rewarding investment, especially relative to the majority of other stocks and asset classes available.


--------------------

--------------------
┼ ··∙   long live the shroomery  ∙·· ┼
...╬π╥ ╥π╬...

Extras: Filter Print Post Top
Re: gold vs platinum [Re: geokills]
    #9825739 -

thank you geokills, with you knowledge and our previous talks, I will surly invest in these companies.


--------------------
MY TRADE LIST!!!

FULLY AUTOMATIC!! 12-Pot Multi Grow Hydroponic System for Trade.


Download PSX ISOs

Extras: Filter Print Post Top
Re: gold vs platinum [Re: legallyhomeless]
    #9826256 -

You're welcome.  Just remember to do your own research though! Because good advice is one thing, but a personal understanding is much better!

I have updated my Stock Market Primer for clarity and to include new information with a slight emphasis on how it relates to the current situation in the markets. 

I'd suggest (re)reading it!  :biggrin:


--------------------

--------------------
┼ ··∙   long live the shroomery  ∙·· ┼
...╬π╥ ╥π╬...

Extras: Filter Print Post Top
Re: gold vs platinum [Re: geokills]
    #9831753 -

will do


--------------------
MY TRADE LIST!!!

FULLY AUTOMATIC!! 12-Pot Multi Grow Hydroponic System for Trade.


Download PSX ISOs

Extras: Filter Print Post Top
Jump to top Pages: 1

General Interest > Money Matters
Threaded Mode Threaded  Previous topic Previous  View all topics Index  Next topic Next 

Similar ThreadsPosterViewsRepliesLast post
* Palladium *DELETED* LunarEclipse 2,356 16 10/21/08 01:10 AM
by Middleman
* Bioprospecting? Can mushrooms bioaccumulate noble metals? Jeremy_Davis 1,437 3 01/14/08 02:57 PM
by Asante
* Buying gold
( 1 2 3 4 5 all )		 Corporal Kielbasa 17,441 80 03/18/08 01:08 AM
by Dickhead
* Credit Card Tips
( 1 2 all )		 novorua 8,229 39 10/13/05 12:01 AM
by Vvellum
* Anyone have experience with High Yield Investment Programs? Cakes 2,574 17 03/23/20 11:19 PM
by BirdSeedUndaUrFeet
* Credit Cards, Should I?
( 1 2 all )		 C20H25N3O 5,369 21 05/14/07 07:26 PM
by AaronEvil
* Just a heads up for Precious Metals investors.. AsanteM 830 2 02/28/08 11:16 AM
by LunarEclipse
* Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects
( 1 2 3 4 ... 579 580 )		 geokillsA 294,415 11,598 09/21/26 03:42 PM
by tomnl

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, automan
937 topic views. 0 members, 1 guests and 3 web crawlers are browsing this forum.
[ Show Images Only | Sort by Score | Print Topic ]
Search this thread:

Copyright 1997-2026 Mind Media. Some rights reserved.

Generated in 0.037 seconds spending 0.007 seconds on 16 queries.