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Gold ?
Is now the time to buy gold?:confused:
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it is if you can get people to sell to you for one tenth of it's worth like the "we'll buy your broken gold" tv douchebags are trying to do.
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No.
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Am I the only one insulted by commercials that say, "and there may never be a better time to buy?"
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Other precious metals (Brass and Lead) are probably a better investment.
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The last time gold was worth this much, it took people 30 years to get their money back.
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Based off the number of people trying to get others to buy gold, I'd be skeptical...
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If WWIII ever hits and we need to start cranking out more fighter jets, I'm set. |
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No! |
I've been buying it for 25 years. Do you think I should stop?
But I have stopped selling any of the .900-.999 rounds I get. Portifolio diversifying a bit. I'd like spot to go up another $50 before selling any of the karat gold. We don't have tv so I can't comment on the commercials. I am curious as to what they are paying. Jim |
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Now is the right time to buy gold like 2007 was the right time to buy real estate.
Duh. |
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Gold. The next bubble to burst.
I keep telling my friend who has invested in paper gold (no actual gold on his person) to get out before it is too late. He laughs at me. Speedy:) |
Gold. The next bubble to burst.
I keep telling my friend who has invested in paper gold (no actual gold on his person) to get out before it is too late. He laughs at me. Speedy:) |
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"we deal in lead, friend." |
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In the end, the amount of gold they needed would cost over 30 million Euros, so they are pursuing other options. :) |
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But people expect to pay a premium for a new car and for it to depreciate like a rock. The opposite is the case with gold. Not that it always has to go up. But when it's at an all-time high is kind hard to argue is the best time to buy it.
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Funny that I just watched several interviews about gold, then read this thread. The census is Gold is turning bearish against a stronger dollar. Spec is that it should hit 800 or so at the bottom. Personally, my readings suggest silver is only slightly into a bull market, and should retreat to around 15. Silver has more applications in electronics, cat converters, etc. I will probably buy lbs of silver and sit on it for a few years. Caveat,,,,,,I only repeat the information I can glean out of many different 'Experts', but I'm satisfied my decision on silver is right for me.
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