gold investing

[speck-chaser]

thinking about investing in some gold. Been hearing alot more hype about it lately. Whats yalls thoughts on this? Better to buy the stock,or the actual coins?

[Dink]

Dont waste your time..........Hype is all it is........your better off in Mutual funds than gold.......

[speck-chaser]

just thought it would be nice to have a lil gold,in case the gov. goes to crap and assets start getting siezed. Of course,what do I have to fear with our trusty leader stimulating everyone?

[eman]

I bought gold 4 years ago you compare the price. it's steadily gone up but who knows? it could keep going or it could be maxed ?
if it drops over more than a 2 week period i'll be selling.

[2ndamendment]

Your money, it is up to you if you would like to buy gold.
From an investment stand point there are other investment vehicles that give better returns than gold.The return on gold investment for roughly the last ten years averages about 2%. If things were to get that bad, the majority of people would not be trading gold. Hard times would mean trading things like food, fuel, basic things, etc.

[SULPHITE]

sorry for the hijack could not resist!

http://blog.digitalcontentproducer.com/briefingroom/wp-content/uploads/2009/02/cash4gold_still_04.jpg

[fishinpox]

sorry for the hijack could not resist!

http://blog.digitalcontentproducer.com/briefingroom/wp-content/uploads/2009/02/cash4gold_still_04.jpg


****! i was gonna post something sacrastic !!! :pissed:

[SULPHITE]

:p

[speck-chaser]

gots to get me some of dem gold britches,and a toothe to go wit it

[speck-chaser]

Your money, it is up to you if you would like to buy gold.
From an investment stand point there are other investment vehicles that give better returns than gold.The return on gold investment for roughly the last ten years averages about 2%. If things were to get that bad, the majority of people would not be trading gold. Hard times would mean trading things like food, fuel, basic things, etc.



well, I guess Ill look for some other funds to try then, want to make more than 2%

[Dink]

I put 50g's in the mutual fund store......mainly cause I'm scared about what's going on right now......I'm getting only 15% on my money in the last year then the market started crashing.......I'm doing better than my old man, he's lost 60g's on he last 2 weeks!!!

[speck-chaser]

15% aint too shabby. I know about that crashing feeling. I was heavily invested back in the late 90's when the tech stocks took a burn. Went down in a blaze(but not of glory)

[LaAngler]

just thought it would be nice to have a lil gold,in case the gov. goes to crap and assets start getting siezed. Of course,what do I have to fear with our trusty leader stimulating everyone?

When SHTF food, water, medicine, guns, ammo will be more valuable.

for concerns on inflation, check out treasury inflation protected securities. I don't know much about gold, I do know that saudi arabia, china, and russia are buying it.

[Gerald]

If you are looking at investing in gold, you might consider a company like Newmont Mining Corp. (NEM)

Gold got up almost to the all time high today, before falling $ 30.

Mutual Funds......IMO, most Mutual Funds have so much money to invest they have to spread out and buy many different companies. They typically own ~ 1/3 "good" stock, 1/3 average stocks and 1/3 below average stock. With money invested like this, the fund will normally perform about the same as what the stock market does.

[PUREBAY2200]

Why buy something that has to b sold again to gain a profit???
If the economy tanks then Ur gold ain't worth much... Cause there aren't buyers with loads of cash.

If Ur looking for guaranteed growth, zero risk, instant financial protection, and tax free advantages call me or pm me.

[Peemoan]

DOW price in 1999 = 10000+
DOW price in 2010 = 10000+

Gold price in 1999 = $250/oz
Gold price in 2010 = $1250/oz

In 1999 Crude was $20/bl
In 1999 you could buy 500 bls of oil with (1) DOW unit.
In 2010 you can buy 130 bls of oil with (1) DOW unit.

In 1999 you could buy 12.5 bls of oil with (1) Gold unit.
In 2010 you can buy 16 bls of oil with (1) Gold unit.

Why do we only look at the number of dollars we have?

Just Sayin…

[LPfishnTIM]

with the amount of foreclosures, I'd think rental properties would have a better long term profit. if you could put up with tenants!

[Cajuncoin]

thinking about investing in some gold. Been hearing alot more hype about it lately. Whats yalls thoughts on this? Better to buy the stock,or the actual coins?

Buy coins, easy to hold and you should have 10% of your portfolio in hard assets ( Gold and Silver). However, Gold and Silver are getting some play but is it real or market hype?

A little jingle in the pocket never hurt and GOLD ALWAYS HAS A READY BUYER. Hence the name Cajuncoin.

[Hebert]

there's a new tax on gold coins and bullion that they sneaked into obamacare...might want to check it out before investing ...

http://www.moneynews.com/StreetTalk/New-Tax-Gold-Hidden-Obamacare-healthcare/2010/07/21/id/365283

[Gerald]

Attach a chain to the coins and call it a neckless.

[Saint]

So did you buy some gold?

[speck-chaser]

nope,bought more fishin stuff instead.lol

[yak'em-n-stack'em]

if you have gold

Sell Sell Sell

[Saint]

I think gold has had a heck of a run up, but as long as the dollar stays weak it will be ok in my opinion. The only reason I would sell gold is to buy silver. Just my thoughts.