Home › Forums › Financial Markets/Economics › Gold Redux: What do you folks thing about this?
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Aecetia.
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AuthorPosts
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October 12, 2009 at 10:32 AM #468423October 12, 2009 at 11:24 AM #467621
scaredyclassic
Participantthe fast way is publicly traded share.
you can read about metals on a similar chatboard at kitco.com
i personally believe in CEF; they allegedly actually have and audit the gold in canada, publicly traded under CEF.
GLD is controversial. they don’t have the gold, many say. they have paper, leases, gold, etc. i don’t trust GLD.
gold miners have etfs. GDX. HUI. I like GDX.
SLW is a silver based traded company that i’ve done well with and trust for some reason.
and then there’s physical gold.
many believe that all this paper traded gold is a house of cards that will collapse when gold skyrockets. if that happens. and physical is the only way to go.
who the hell knows.
blanchardonline.com
others.
commission is high, as is shipping.
the price can go down very fast. as well as up.
October 12, 2009 at 11:24 AM #467803Participantthe fast way is publicly traded share.
you can read about metals on a similar chatboard at kitco.com
i personally believe in CEF; they allegedly actually have and audit the gold in canada, publicly traded under CEF.
GLD is controversial. they don’t have the gold, many say. they have paper, leases, gold, etc. i don’t trust GLD.
gold miners have etfs. GDX. HUI. I like GDX.
SLW is a silver based traded company that i’ve done well with and trust for some reason.
and then there’s physical gold.
many believe that all this paper traded gold is a house of cards that will collapse when gold skyrockets. if that happens. and physical is the only way to go.
who the hell knows.
blanchardonline.com
others.
commission is high, as is shipping.
the price can go down very fast. as well as up.
October 12, 2009 at 11:24 AM #468159Participantthe fast way is publicly traded share.
you can read about metals on a similar chatboard at kitco.com
i personally believe in CEF; they allegedly actually have and audit the gold in canada, publicly traded under CEF.
GLD is controversial. they don’t have the gold, many say. they have paper, leases, gold, etc. i don’t trust GLD.
gold miners have etfs. GDX. HUI. I like GDX.
SLW is a silver based traded company that i’ve done well with and trust for some reason.
and then there’s physical gold.
many believe that all this paper traded gold is a house of cards that will collapse when gold skyrockets. if that happens. and physical is the only way to go.
who the hell knows.
blanchardonline.com
others.
commission is high, as is shipping.
the price can go down very fast. as well as up.
October 12, 2009 at 11:24 AM #468231Participantthe fast way is publicly traded share.
you can read about metals on a similar chatboard at kitco.com
i personally believe in CEF; they allegedly actually have and audit the gold in canada, publicly traded under CEF.
GLD is controversial. they don’t have the gold, many say. they have paper, leases, gold, etc. i don’t trust GLD.
gold miners have etfs. GDX. HUI. I like GDX.
SLW is a silver based traded company that i’ve done well with and trust for some reason.
and then there’s physical gold.
many believe that all this paper traded gold is a house of cards that will collapse when gold skyrockets. if that happens. and physical is the only way to go.
who the hell knows.
blanchardonline.com
others.
commission is high, as is shipping.
the price can go down very fast. as well as up.
October 12, 2009 at 11:24 AM #468443Participantthe fast way is publicly traded share.
you can read about metals on a similar chatboard at kitco.com
i personally believe in CEF; they allegedly actually have and audit the gold in canada, publicly traded under CEF.
GLD is controversial. they don’t have the gold, many say. they have paper, leases, gold, etc. i don’t trust GLD.
gold miners have etfs. GDX. HUI. I like GDX.
SLW is a silver based traded company that i’ve done well with and trust for some reason.
and then there’s physical gold.
many believe that all this paper traded gold is a house of cards that will collapse when gold skyrockets. if that happens. and physical is the only way to go.
who the hell knows.
blanchardonline.com
others.
commission is high, as is shipping.
the price can go down very fast. as well as up.
October 12, 2009 at 3:18 PM #467764sd_matt
ParticipantI would want physical gold.
If I understand gold is volatile right now although the whole world says the $ will go down.
I’m guessing that I will be buying a house in the next six months or so. I want to give this second wave of alt-As a chance to kick in.
I big part of my savings will, of course, go into that house. Am I wasting time buying gold to hold it for six months to a year?
October 12, 2009 at 3:18 PM #467947ParticipantI would want physical gold.
If I understand gold is volatile right now although the whole world says the $ will go down.
I’m guessing that I will be buying a house in the next six months or so. I want to give this second wave of alt-As a chance to kick in.
I big part of my savings will, of course, go into that house. Am I wasting time buying gold to hold it for six months to a year?
October 12, 2009 at 3:18 PM #468304ParticipantI would want physical gold.
If I understand gold is volatile right now although the whole world says the $ will go down.
I’m guessing that I will be buying a house in the next six months or so. I want to give this second wave of alt-As a chance to kick in.
I big part of my savings will, of course, go into that house. Am I wasting time buying gold to hold it for six months to a year?
October 12, 2009 at 3:18 PM #468375ParticipantI would want physical gold.
If I understand gold is volatile right now although the whole world says the $ will go down.
I’m guessing that I will be buying a house in the next six months or so. I want to give this second wave of alt-As a chance to kick in.
I big part of my savings will, of course, go into that house. Am I wasting time buying gold to hold it for six months to a year?
October 12, 2009 at 3:18 PM #468588ParticipantI would want physical gold.
If I understand gold is volatile right now although the whole world says the $ will go down.
I’m guessing that I will be buying a house in the next six months or so. I want to give this second wave of alt-As a chance to kick in.
I big part of my savings will, of course, go into that house. Am I wasting time buying gold to hold it for six months to a year?
November 25, 2009 at 7:37 AM #486529Participantanything could happen in 6 months to a year in any investment. it could lose 50%. But i think it’s far more likely it’ll be up 50%. gold will hit its inflation adjusted high of 2,200 or so in the next 12 months, but that’s just me talking and i don’t know.
gold is not really a stable store of value at times of currency collapse, i guess. it has large upside potential. ultimately, all things humans place value on are foolish, except for food, a hut and a few rags. sure seems like it has to correct downward because it hasn’t in such a while. i would say the floor is down around 600-800, the ceiling is around 5k/oz. i’d go long until a decent basic house can be purchased for 100 oz/ gold.
it’s all too steady and slow upwards to be a bubble. the bubble will come when there are $100-200 swings a day. the world’s financial system is not stable. gold will reflect that.
November 25, 2009 at 7:37 AM #486696Participantanything could happen in 6 months to a year in any investment. it could lose 50%. But i think it’s far more likely it’ll be up 50%. gold will hit its inflation adjusted high of 2,200 or so in the next 12 months, but that’s just me talking and i don’t know.
gold is not really a stable store of value at times of currency collapse, i guess. it has large upside potential. ultimately, all things humans place value on are foolish, except for food, a hut and a few rags. sure seems like it has to correct downward because it hasn’t in such a while. i would say the floor is down around 600-800, the ceiling is around 5k/oz. i’d go long until a decent basic house can be purchased for 100 oz/ gold.
it’s all too steady and slow upwards to be a bubble. the bubble will come when there are $100-200 swings a day. the world’s financial system is not stable. gold will reflect that.
November 25, 2009 at 7:37 AM #487074Participantanything could happen in 6 months to a year in any investment. it could lose 50%. But i think it’s far more likely it’ll be up 50%. gold will hit its inflation adjusted high of 2,200 or so in the next 12 months, but that’s just me talking and i don’t know.
gold is not really a stable store of value at times of currency collapse, i guess. it has large upside potential. ultimately, all things humans place value on are foolish, except for food, a hut and a few rags. sure seems like it has to correct downward because it hasn’t in such a while. i would say the floor is down around 600-800, the ceiling is around 5k/oz. i’d go long until a decent basic house can be purchased for 100 oz/ gold.
it’s all too steady and slow upwards to be a bubble. the bubble will come when there are $100-200 swings a day. the world’s financial system is not stable. gold will reflect that.
November 25, 2009 at 7:37 AM #487161Participantanything could happen in 6 months to a year in any investment. it could lose 50%. But i think it’s far more likely it’ll be up 50%. gold will hit its inflation adjusted high of 2,200 or so in the next 12 months, but that’s just me talking and i don’t know.
gold is not really a stable store of value at times of currency collapse, i guess. it has large upside potential. ultimately, all things humans place value on are foolish, except for food, a hut and a few rags. sure seems like it has to correct downward because it hasn’t in such a while. i would say the floor is down around 600-800, the ceiling is around 5k/oz. i’d go long until a decent basic house can be purchased for 100 oz/ gold.
it’s all too steady and slow upwards to be a bubble. the bubble will come when there are $100-200 swings a day. the world’s financial system is not stable. gold will reflect that.
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