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-   -   Gold ? (http://forums.pelicanparts.com/showthread.php?t=533029)

dan88911 03-24-2010 07:47 PM

Gold ?
 
Is now the time to buy gold?:confused:

onlycafe 03-24-2010 07:58 PM

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.

Dantilla 03-24-2010 08:12 PM

No.

Rick Lee 03-24-2010 08:55 PM

Am I the only one insulted by commercials that say, "and there may never be a better time to buy?"

Rob Channell 03-24-2010 11:24 PM

Other precious metals (Brass and Lead) are probably a better investment.

ZAMIRZ 03-24-2010 11:28 PM

The last time gold was worth this much, it took people 30 years to get their money back.

Scuba Steve 03-24-2010 11:55 PM

Based off the number of people trying to get others to buy gold, I'd be skeptical...

Schumi 03-25-2010 12:24 AM

Quote:

Originally Posted by Rob Channell (Post 5256513)
Other precious metals (Brass and Lead) are probably a better investment.

I have a beam of alloyed titanium in my basement.

If WWIII ever hits and we need to start cranking out more fighter jets, I'm set.

dd74 03-25-2010 01:14 AM

Quote:

Originally Posted by dan88911 (Post 5256240)
Is now the time to buy gold?:confused:

Yeah. Fillings out of the teeth of a corpse who won't care...'cause they're a corpse. Otherwise...

No!

on2wheels52 03-25-2010 03:54 AM

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

Lazarro 03-25-2010 04:00 AM

:cool:http://forums.pelicanparts.com/uploa...1269514797.gif

Porsche-O-Phile 03-25-2010 04:08 AM

Now is the right time to buy gold like 2007 was the right time to buy real estate.

Duh.

Rot 911 03-25-2010 06:12 AM

Quote:

Originally Posted by Porsche-O-Phile (Post 5256631)
Now is the right time to buy gold like 2007 was the right time to buy real estate.

Agreed. I think now is the time for me to be selling my gold.

speedracing944 03-25-2010 06:18 AM

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:)

speedracing944 03-25-2010 06:19 AM

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:)

onlycafe 03-25-2010 06:33 AM

Quote:

Originally Posted by Rob Channell (Post 5256513)
Other precious metals (Brass and Lead) are probably a better investment.




"we deal in lead, friend."

IROC 03-25-2010 09:00 AM

Quote:

Originally Posted by Rob Channell (Post 5256513)
Other precious metals (Brass and Lead) are probably a better investment.

Funny, but I recently got back from a scientific conference where I learned that some folks in Europe were considering using a lead-gold mixture (called lead-gold eutectic or "LGE") as a liquid target material for neutron spallation. After all, there are lots of neutrons in lead and gold and it is much less toxic than the liquid mercury that we use.

In the end, the amount of gold they needed would cost over 30 million Euros, so they are pursuing other options. :)

pwd72s 03-25-2010 11:40 AM

Quote:

Originally Posted by Rick Lee (Post 5256366)
Am I the only one insulted by commercials that say, "and there may never be a better time to buy?"

It works for cars...:rolleyes:

Rick Lee 03-25-2010 12:04 PM

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.

Westy 03-25-2010 12:15 PM

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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