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Originally Posted by FullTech
it's not that far fetched, 10 years ago, before 9/11 gold was sitting at $200 something a ounce... 700% return in 10 years
damn
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Originally Posted by FullTech
it's not that far fetched, 10 years ago, before 9/11 gold was sitting at $200 something a ounce... 700% return in 10 years
ummm gold is money? there is more gold above ground but isnt there ALOT more fiat money in circulation today then back in the 80s?Originally Posted by FrankMatthews
So money has significantly flowed out of gold since the 1980s and the price has increased how much? Is there more or less gold above ground now than in the 80s? Hmmmmm.Originally Posted by andycrazn
well worldwide investment in gold and gold mining is less than 1 percent. before 1980s the average was around 25 percent. so theres no way gold is in a bubbleOriginally Posted by FrankMatthews
You figured out the PV on that? Whats your real rate of return?
Buying metals is not any more or less profitable or risky than any other investment.
You know metals are a bubble when you see infomercials for investing in them.
Pricing of pretty much all commodities these days is speculation for the most part.
Actually supply and demand has gone out the window other than a demand for returns.
I'd be extremely cautious about "investing" in anything of this nature.
Can i ask where you got your $250 price target? Hopefully you will have more to say than quoting some investment pamphlet or tv commercial.
ummm gold is money? there is more gold above ground but isnt there ALOT more fiat money in circulation today then back in the 80s?Originally Posted by FrankMatthews
So money has significantly flowed out of gold since the 1980s and the price has increased how much? Is there more or less gold above ground now than in the 80s? Hmmmmm.Originally Posted by andycrazn
well worldwide investment in gold and gold mining is less than 1 percent. before 1980s the average was around 25 percent. so theres no way gold is in a bubbleOriginally Posted by FrankMatthews
You figured out the PV on that? Whats your real rate of return?
Buying metals is not any more or less profitable or risky than any other investment.
You know metals are a bubble when you see infomercials for investing in them.
Pricing of pretty much all commodities these days is speculation for the most part.
Actually supply and demand has gone out the window other than a demand for returns.
I'd be extremely cautious about "investing" in anything of this nature.
Can i ask where you got your $250 price target? Hopefully you will have more to say than quoting some investment pamphlet or tv commercial.
throw in what has government done to our money? and the case of a 100 percent gold dollar by murray rothbard.Originally Posted by devildog1776
Silver was like 3 dollars an oz 10 yrs ago....
I didn't get in until 16 or so and been accumilatig ever since. If you believe that the next tens yrs are gong to be prosperous then acquiring precious metals aren't for you. You can buy slv or gld but nothing is better than owning physical .
Silver isn't going up... Gold isn't going up. The dollar is going down.... Once you understand that then you'll see the forecast for the next ten yrs and who wouldn't want to get in as early as possible...
Read the book atlas shrugged by Ayn Rand
throw in what has government done to our money? and the case of a 100 percent gold dollar by murray rothbard.Originally Posted by devildog1776
Silver was like 3 dollars an oz 10 yrs ago....
I didn't get in until 16 or so and been accumilatig ever since. If you believe that the next tens yrs are gong to be prosperous then acquiring precious metals aren't for you. You can buy slv or gld but nothing is better than owning physical .
Silver isn't going up... Gold isn't going up. The dollar is going down.... Once you understand that then you'll see the forecast for the next ten yrs and who wouldn't want to get in as early as possible...
Read the book atlas shrugged by Ayn Rand
Originally Posted by andycrazn
ummm gold is money? there is more gold above ground but isnt there ALOT more fiat money in circulation today then back in the 80s?Originally Posted by FrankMatthews
So money has significantly flowed out of gold since the 1980s and the price has increased how much? Is there more or less gold above ground now than in the 80s? Hmmmmm.Originally Posted by andycrazn
well worldwide investment in gold and gold mining is less than 1 percent. before 1980s the average was around 25 percent. so theres no way gold is in a bubble
Originally Posted by andycrazn
ummm gold is money? there is more gold above ground but isnt there ALOT more fiat money in circulation today then back in the 80s?Originally Posted by FrankMatthews
So money has significantly flowed out of gold since the 1980s and the price has increased how much? Is there more or less gold above ground now than in the 80s? Hmmmmm.Originally Posted by andycrazn
well worldwide investment in gold and gold mining is less than 1 percent. before 1980s the average was around 25 percent. so theres no way gold is in a bubble
So what currency are you going to sell your silver in?Originally Posted by devildog1776
Silver was like 3 dollars an oz 10 yrs ago....
I didn't get in until 16 or so and been accumilatig ever since. If you believe that the next tens yrs are gong to be prosperous then acquiring precious metals aren't for you. You can buy slv or gld but nothing is better than owning physical .
Silver isn't going up... Gold isn't going up. The dollar is going down.... Once you understand that then you'll see the forecast for the next ten yrs and who wouldn't want to get in as early as possible...
Read the book atlas shrugged by Ayn Rand
So what currency are you going to sell your silver in?Originally Posted by devildog1776
Silver was like 3 dollars an oz 10 yrs ago....
I didn't get in until 16 or so and been accumilatig ever since. If you believe that the next tens yrs are gong to be prosperous then acquiring precious metals aren't for you. You can buy slv or gld but nothing is better than owning physical .
Silver isn't going up... Gold isn't going up. The dollar is going down.... Once you understand that then you'll see the forecast for the next ten yrs and who wouldn't want to get in as early as possible...
Read the book atlas shrugged by Ayn Rand
My manOriginally Posted by devildog1776
Silver was like 3 dollars an oz 10 yrs ago....
I didn't get in until 16 or so and been accumilatig ever since. If you believe that the next tens yrs are gong to be prosperous then acquiring precious metals aren't for you. You can buy slv or gld but nothing is better than owning physical .
Silver isn't going up... Gold isn't going up. The dollar is going down.... Once you understand that then you'll see the forecast for the next ten yrs and who wouldn't want to get in as early as possible...
Read the book atlas shrugged by Ayn Rand
My manOriginally Posted by devildog1776
Silver was like 3 dollars an oz 10 yrs ago....
I didn't get in until 16 or so and been accumilatig ever since. If you believe that the next tens yrs are gong to be prosperous then acquiring precious metals aren't for you. You can buy slv or gld but nothing is better than owning physical .
Silver isn't going up... Gold isn't going up. The dollar is going down.... Once you understand that then you'll see the forecast for the next ten yrs and who wouldn't want to get in as early as possible...
Read the book atlas shrugged by Ayn Rand
That's the whole point... Pretty soon it's going to reach a point where you can't "sell" your gold and silver for money because paper money will be worthless. Precious metals are what real money is. Dollars, Euros, JYP, etc. they're all just fiat money.Originally Posted by FrankMatthews
So what currency are you going to sell your silver in?Originally Posted by devildog1776
Silver was like 3 dollars an oz 10 yrs ago....
I didn't get in until 16 or so and been accumilatig ever since. If you believe that the next tens yrs are gong to be prosperous then acquiring precious metals aren't for you. You can buy slv or gld but nothing is better than owning physical .
Silver isn't going up... Gold isn't going up. The dollar is going down.... Once you understand that then you'll see the forecast for the next ten yrs and who wouldn't want to get in as early as possible...
Read the book atlas shrugged by Ayn Rand
Someone who can make just as much in other investments in the next year wouldn't want to have money tied up in a ten year investment wouldn't want to get in as early as possible. Or those who understand it's a speculative bubble that is already over inflated.
That's the whole point... Pretty soon it's going to reach a point where you can't "sell" your gold and silver for money because paper money will be worthless. Precious metals are what real money is. Dollars, Euros, JYP, etc. they're all just fiat money.Originally Posted by FrankMatthews
So what currency are you going to sell your silver in?Originally Posted by devildog1776
Silver was like 3 dollars an oz 10 yrs ago....
I didn't get in until 16 or so and been accumilatig ever since. If you believe that the next tens yrs are gong to be prosperous then acquiring precious metals aren't for you. You can buy slv or gld but nothing is better than owning physical .
Silver isn't going up... Gold isn't going up. The dollar is going down.... Once you understand that then you'll see the forecast for the next ten yrs and who wouldn't want to get in as early as possible...
Read the book atlas shrugged by Ayn Rand
Someone who can make just as much in other investments in the next year wouldn't want to have money tied up in a ten year investment wouldn't want to get in as early as possible. Or those who understand it's a speculative bubble that is already over inflated.
Originally Posted by NiPxD
My boy and I been purchasing silver for over a year now with some disposable income of ours.
We have come to realization that the dollar bill isnt worth jack now.
Recently bought 160 ounces the night before the Saudi Arabia conflict, 2 days later earthquake hit Japan....went from $34 to $36 or something like that I havent kept track.
Up to 210 now. We hope to each 1000 by the end of this year.
Originally Posted by NiPxD
My boy and I been purchasing silver for over a year now with some disposable income of ours.
We have come to realization that the dollar bill isnt worth jack now.
Recently bought 160 ounces the night before the Saudi Arabia conflict, 2 days later earthquake hit Japan....went from $34 to $36 or something like that I havent kept track.
Up to 210 now. We hope to each 1000 by the end of this year.
Good luck bro! Im buying a personal stash of my own when i receive my tax return.Originally Posted by devildog1776
Originally Posted by NiPxD
My boy and I been purchasing silver for over a year now with some disposable income of ours.
We have come to realization that the dollar bill isnt worth jack now.
Recently bought 160 ounces the night before the Saudi Arabia conflict, 2 days later earthquake hit Japan....went from $34 to $36 or something like that I havent kept track.
Up to 210 now. We hope to each 1000 by the end of this year.
im trying to get to 200 oz by yr end... hopefully a summer pullback occurs...
Good luck bro! Im buying a personal stash of my own when i receive my tax return.Originally Posted by devildog1776
Originally Posted by NiPxD
My boy and I been purchasing silver for over a year now with some disposable income of ours.
We have come to realization that the dollar bill isnt worth jack now.
Recently bought 160 ounces the night before the Saudi Arabia conflict, 2 days later earthquake hit Japan....went from $34 to $36 or something like that I havent kept track.
Up to 210 now. We hope to each 1000 by the end of this year.
im trying to get to 200 oz by yr end... hopefully a summer pullback occurs...