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Viewing 15 posts - 91 through 105 (of 211 total)
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  • November 25, 2009 at 4:15 PM #487681
    partypup
    Participant

    Hey Scaredy, how’s that gold investment working out for ya? Thinking of selling anytime soon? 😉

    Gold is going to $2,500. After that, to the moon.

    The dollar death is upon us.

    My modest gold and silver investments have been netting $5-7K each day for the past 2 weeks. The paradigm has changed forever, boys and girls.

    November 25, 2009 at 4:40 PM #486827
    Adebisi
    Participant

    [quote=Nor-LA-SD-guy]Guy’s really, think this through a few minutes, OK sure there may be a panic at some point that would last maybe a few months until people realize that the world was not coming to an end and no the U.S.A. was not the “Weimar Germany circa 1920’s”. And once the economy finally starts to create Jobs in Ernest then Gold is just going to be the novelty it was before, nothing more.

    Just My thoughts ,[/quote]

    You’ve made a bunch of conclusory statements with nothing to back them. As long as the Fed continues to monetize the bad debt in the system, the dollar will continue to go down and fiat money substitutes (gold, silver) will go continue to go up.

    November 25, 2009 at 4:40 PM #486995
    Adebisi
    Participant

    [quote=Nor-LA-SD-guy]Guy’s really, think this through a few minutes, OK sure there may be a panic at some point that would last maybe a few months until people realize that the world was not coming to an end and no the U.S.A. was not the “Weimar Germany circa 1920’s”. And once the economy finally starts to create Jobs in Ernest then Gold is just going to be the novelty it was before, nothing more.

    Just My thoughts ,[/quote]

    You’ve made a bunch of conclusory statements with nothing to back them. As long as the Fed continues to monetize the bad debt in the system, the dollar will continue to go down and fiat money substitutes (gold, silver) will go continue to go up.

    November 25, 2009 at 4:40 PM #487375
    Adebisi
    Participant

    [quote=Nor-LA-SD-guy]Guy’s really, think this through a few minutes, OK sure there may be a panic at some point that would last maybe a few months until people realize that the world was not coming to an end and no the U.S.A. was not the “Weimar Germany circa 1920’s”. And once the economy finally starts to create Jobs in Ernest then Gold is just going to be the novelty it was before, nothing more.

    Just My thoughts ,[/quote]

    You’ve made a bunch of conclusory statements with nothing to back them. As long as the Fed continues to monetize the bad debt in the system, the dollar will continue to go down and fiat money substitutes (gold, silver) will go continue to go up.

    November 25, 2009 at 4:40 PM #487461
    Adebisi
    Participant

    [quote=Nor-LA-SD-guy]Guy’s really, think this through a few minutes, OK sure there may be a panic at some point that would last maybe a few months until people realize that the world was not coming to an end and no the U.S.A. was not the “Weimar Germany circa 1920’s”. And once the economy finally starts to create Jobs in Ernest then Gold is just going to be the novelty it was before, nothing more.

    Just My thoughts ,[/quote]

    You’ve made a bunch of conclusory statements with nothing to back them. As long as the Fed continues to monetize the bad debt in the system, the dollar will continue to go down and fiat money substitutes (gold, silver) will go continue to go up.

    November 25, 2009 at 4:40 PM #487691
    Adebisi
    Participant

    [quote=Nor-LA-SD-guy]Guy’s really, think this through a few minutes, OK sure there may be a panic at some point that would last maybe a few months until people realize that the world was not coming to an end and no the U.S.A. was not the “Weimar Germany circa 1920’s”. And once the economy finally starts to create Jobs in Ernest then Gold is just going to be the novelty it was before, nothing more.

    Just My thoughts ,[/quote]

    You’ve made a bunch of conclusory statements with nothing to back them. As long as the Fed continues to monetize the bad debt in the system, the dollar will continue to go down and fiat money substitutes (gold, silver) will go continue to go up.

    November 25, 2009 at 4:50 PM #486832
    Adebisi
    Participant

    [quote=patb]
    Gold has zero dividends, it’s just a commodity like
    cement, steel or wood.

    Gold has a certain amount of convenience, but that’s it[/quote]

    Gold has absolutely no convenience. Holding dollars is way more convenient. If I could convert the dollars in my bank account into gold by clicking a button then your convenience argument might hold some water.

    Have you tried to buy physical gold? If you try to convert your dollars into gold coins, you will end up paying some premium for getting the gold in coin form. How should you value that ‘coin’ premium?

    Have you ever tried to buy something using gold? Can you go into a bank in the U.S. and buy gold like you can in China? How can you be sure that your gold isn’t fake? Have you asked your employer to pay you in gold? If so, what did they say?

    Any way you look at it, the U.S. dollar is way more convenient than gold. The U.S. government wants it that way.

    November 25, 2009 at 4:50 PM #487000
    Adebisi
    Participant

    [quote=patb]
    Gold has zero dividends, it’s just a commodity like
    cement, steel or wood.

    Gold has a certain amount of convenience, but that’s it[/quote]

    Gold has absolutely no convenience. Holding dollars is way more convenient. If I could convert the dollars in my bank account into gold by clicking a button then your convenience argument might hold some water.

    Have you tried to buy physical gold? If you try to convert your dollars into gold coins, you will end up paying some premium for getting the gold in coin form. How should you value that ‘coin’ premium?

    Have you ever tried to buy something using gold? Can you go into a bank in the U.S. and buy gold like you can in China? How can you be sure that your gold isn’t fake? Have you asked your employer to pay you in gold? If so, what did they say?

    Any way you look at it, the U.S. dollar is way more convenient than gold. The U.S. government wants it that way.

    November 25, 2009 at 4:50 PM #487380
    Adebisi
    Participant

    [quote=patb]
    Gold has zero dividends, it’s just a commodity like
    cement, steel or wood.

    Gold has a certain amount of convenience, but that’s it[/quote]

    Gold has absolutely no convenience. Holding dollars is way more convenient. If I could convert the dollars in my bank account into gold by clicking a button then your convenience argument might hold some water.

    Have you tried to buy physical gold? If you try to convert your dollars into gold coins, you will end up paying some premium for getting the gold in coin form. How should you value that ‘coin’ premium?

    Have you ever tried to buy something using gold? Can you go into a bank in the U.S. and buy gold like you can in China? How can you be sure that your gold isn’t fake? Have you asked your employer to pay you in gold? If so, what did they say?

    Any way you look at it, the U.S. dollar is way more convenient than gold. The U.S. government wants it that way.

    November 25, 2009 at 4:50 PM #487466
    Adebisi
    Participant

    [quote=patb]
    Gold has zero dividends, it’s just a commodity like
    cement, steel or wood.

    Gold has a certain amount of convenience, but that’s it[/quote]

    Gold has absolutely no convenience. Holding dollars is way more convenient. If I could convert the dollars in my bank account into gold by clicking a button then your convenience argument might hold some water.

    Have you tried to buy physical gold? If you try to convert your dollars into gold coins, you will end up paying some premium for getting the gold in coin form. How should you value that ‘coin’ premium?

    Have you ever tried to buy something using gold? Can you go into a bank in the U.S. and buy gold like you can in China? How can you be sure that your gold isn’t fake? Have you asked your employer to pay you in gold? If so, what did they say?

    Any way you look at it, the U.S. dollar is way more convenient than gold. The U.S. government wants it that way.

    November 25, 2009 at 4:50 PM #487696
    Adebisi
    Participant

    [quote=patb]
    Gold has zero dividends, it’s just a commodity like
    cement, steel or wood.

    Gold has a certain amount of convenience, but that’s it[/quote]

    Gold has absolutely no convenience. Holding dollars is way more convenient. If I could convert the dollars in my bank account into gold by clicking a button then your convenience argument might hold some water.

    Have you tried to buy physical gold? If you try to convert your dollars into gold coins, you will end up paying some premium for getting the gold in coin form. How should you value that ‘coin’ premium?

    Have you ever tried to buy something using gold? Can you go into a bank in the U.S. and buy gold like you can in China? How can you be sure that your gold isn’t fake? Have you asked your employer to pay you in gold? If so, what did they say?

    Any way you look at it, the U.S. dollar is way more convenient than gold. The U.S. government wants it that way.

    November 25, 2009 at 5:16 PM #486837
    blahblahblah
    Participant

    Gold is the new oil.

    November 25, 2009 at 5:16 PM #487005
    blahblahblah
    Participant

    Gold is the new oil.

    November 25, 2009 at 5:16 PM #487385
    blahblahblah
    Participant

    Gold is the new oil.

    November 25, 2009 at 5:16 PM #487471
    blahblahblah
    Participant

    Gold is the new oil.

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