Help w/buying gold

[DataAgent]

“can’t have an erection forever”

There you go again jp with that cocky attitude. 🙂

[(former)FormerSanDiegan]

[quote=scaredycat]gold is rare.

there’s just so much of it. it’s very dififcult and expensive to get more.

paper money is not intrinsically rare. cheap to print.

Gold’s in the bible.

Gold at all times in a history is a suitable bribe, potentially to save one’s own life.

[/quote]

Land is rare. (less than 29% of the earth’s surface)

There’s just so much of it. It’s very difficult and expensive to make more of it.

Land is in the Bible.

Land at all times in history is a suitable bribe, potentially to save one’s life.

Wars have been fought over land.

[(former)FormerSanDiegan]

[quote=scaredycat]gold is rare.

there’s just so much of it. it’s very dififcult and expensive to get more.

paper money is not intrinsically rare. cheap to print.

Gold’s in the bible.

Gold at all times in a history is a suitable bribe, potentially to save one’s own life.

[/quote]

Land is rare. (less than 29% of the earth’s surface)

There’s just so much of it. It’s very difficult and expensive to make more of it.

Land is in the Bible.

Land at all times in history is a suitable bribe, potentially to save one’s life.

Wars have been fought over land.

[(former)FormerSanDiegan]

[quote=scaredycat]gold is rare.

there’s just so much of it. it’s very dififcult and expensive to get more.

paper money is not intrinsically rare. cheap to print.

Gold’s in the bible.

Gold at all times in a history is a suitable bribe, potentially to save one’s own life.

[/quote]

Land is rare. (less than 29% of the earth’s surface)

There’s just so much of it. It’s very difficult and expensive to make more of it.

Land is in the Bible.

Land at all times in history is a suitable bribe, potentially to save one’s life.

Wars have been fought over land.

[(former)FormerSanDiegan]

[quote=scaredycat]gold is rare.

there’s just so much of it. it’s very dififcult and expensive to get more.

paper money is not intrinsically rare. cheap to print.

Gold’s in the bible.

Gold at all times in a history is a suitable bribe, potentially to save one’s own life.

[/quote]

Land is rare. (less than 29% of the earth’s surface)

There’s just so much of it. It’s very difficult and expensive to make more of it.

Land is in the Bible.

Land at all times in history is a suitable bribe, potentially to save one’s life.

Wars have been fought over land.

[(former)FormerSanDiegan]

[quote=scaredycat]gold is rare.

there’s just so much of it. it’s very dififcult and expensive to get more.

paper money is not intrinsically rare. cheap to print.

Gold’s in the bible.

Gold at all times in a history is a suitable bribe, potentially to save one’s own life.

[/quote]

Land is rare. (less than 29% of the earth’s surface)

There’s just so much of it. It’s very difficult and expensive to make more of it.

Land is in the Bible.

Land at all times in history is a suitable bribe, potentially to save one’s life.

Wars have been fought over land.

[Eugene]

[quote=partypup]
JP, do yourself a favor and also investigate silver. It’s a lot cheaper, holds its value very well, and has much more room for movement on the upside :-)[/quote]

Silver was $3 five years ago, it’s $13 today … I see room for movement on the downside.

I’d buy a 100 oz bar as a paperweight if it goes into single digits. Other than that, I’m not touching silver, no way.

[Eugene]

[quote=partypup]
JP, do yourself a favor and also investigate silver. It’s a lot cheaper, holds its value very well, and has much more room for movement on the upside :-)[/quote]

Silver was $3 five years ago, it’s $13 today … I see room for movement on the downside.

I’d buy a 100 oz bar as a paperweight if it goes into single digits. Other than that, I’m not touching silver, no way.

[Eugene]

[quote=partypup]
JP, do yourself a favor and also investigate silver. It’s a lot cheaper, holds its value very well, and has much more room for movement on the upside :-)[/quote]

Silver was $3 five years ago, it’s $13 today … I see room for movement on the downside.

I’d buy a 100 oz bar as a paperweight if it goes into single digits. Other than that, I’m not touching silver, no way.

[Eugene]

[quote=partypup]
JP, do yourself a favor and also investigate silver. It’s a lot cheaper, holds its value very well, and has much more room for movement on the upside :-)[/quote]

Silver was $3 five years ago, it’s $13 today … I see room for movement on the downside.

I’d buy a 100 oz bar as a paperweight if it goes into single digits. Other than that, I’m not touching silver, no way.

[Eugene]

[quote=partypup]
JP, do yourself a favor and also investigate silver. It’s a lot cheaper, holds its value very well, and has much more room for movement on the upside :-)[/quote]

Silver was $3 five years ago, it’s $13 today … I see room for movement on the downside.

I’d buy a 100 oz bar as a paperweight if it goes into single digits. Other than that, I’m not touching silver, no way.

[4plexowner]

silver would have to be at $128+/oz to match its inflation-adjusted high of the early 1980’s

historic price ratio between silver and gold is 16:1 – $900 gold at this ratio would mean $56 silver

there is less silver above ground than gold

silver is primarily a byproduct of mining the base metals (60+%) so in an economic downturn, the supply of silver DECREASES significantly (declining construction, etc reduces the demand for base metals) at the same time demand for silver INCREASES (flight to safety – little guy can’t afford gold so buys silver instead)

silver is a very useful metal – far more so than gold – every electronic device you have has some silver in it – silver is also a natural antibiotic and anti-viral agent – it is being used in more and more settings (bandages, surface coatings for appliances, etc) where these properties are important

do your research about both silver and gold and decide which is the better investment

the 100 oz bars are very satisfying to hold and they do make good paper weights

[4plexowner]

silver would have to be at $128+/oz to match its inflation-adjusted high of the early 1980’s

historic price ratio between silver and gold is 16:1 – $900 gold at this ratio would mean $56 silver

there is less silver above ground than gold

silver is primarily a byproduct of mining the base metals (60+%) so in an economic downturn, the supply of silver DECREASES significantly (declining construction, etc reduces the demand for base metals) at the same time demand for silver INCREASES (flight to safety – little guy can’t afford gold so buys silver instead)

silver is a very useful metal – far more so than gold – every electronic device you have has some silver in it – silver is also a natural antibiotic and anti-viral agent – it is being used in more and more settings (bandages, surface coatings for appliances, etc) where these properties are important

do your research about both silver and gold and decide which is the better investment

the 100 oz bars are very satisfying to hold and they do make good paper weights

[4plexowner]

silver would have to be at $128+/oz to match its inflation-adjusted high of the early 1980’s

historic price ratio between silver and gold is 16:1 – $900 gold at this ratio would mean $56 silver

there is less silver above ground than gold

silver is primarily a byproduct of mining the base metals (60+%) so in an economic downturn, the supply of silver DECREASES significantly (declining construction, etc reduces the demand for base metals) at the same time demand for silver INCREASES (flight to safety – little guy can’t afford gold so buys silver instead)

silver is a very useful metal – far more so than gold – every electronic device you have has some silver in it – silver is also a natural antibiotic and anti-viral agent – it is being used in more and more settings (bandages, surface coatings for appliances, etc) where these properties are important

do your research about both silver and gold and decide which is the better investment

the 100 oz bars are very satisfying to hold and they do make good paper weights

[4plexowner]

silver would have to be at $128+/oz to match its inflation-adjusted high of the early 1980’s

historic price ratio between silver and gold is 16:1 – $900 gold at this ratio would mean $56 silver

there is less silver above ground than gold

silver is primarily a byproduct of mining the base metals (60+%) so in an economic downturn, the supply of silver DECREASES significantly (declining construction, etc reduces the demand for base metals) at the same time demand for silver INCREASES (flight to safety – little guy can’t afford gold so buys silver instead)

silver is a very useful metal – far more so than gold – every electronic device you have has some silver in it – silver is also a natural antibiotic and anti-viral agent – it is being used in more and more settings (bandages, surface coatings for appliances, etc) where these properties are important

do your research about both silver and gold and decide which is the better investment

the 100 oz bars are very satisfying to hold and they do make good paper weights

[Author]

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