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Re: Investing in gold
 

Bitcoins is a rough market to keep a handle on

Re: Investing in gold
 

i invest in myself lol :p

Re: Investing in gold
 

I'm interested in using it mostly for.business transactions, which is hard currently when the price is all.over the place.

Re: Investing in gold
 

That's cool sax4 - securely kept

Re: Investing in gold
 

Hubby has bought silver for 25+ years and has it stashed away at the bank.

He has purchased some gold coins in the past but not a ton of it.

He said he has a lot of silver he paid 15-20 range for and price is what 35+?

He said it will hit 60-75 someday soon.

Re: Investing in gold
 

I do agree with holding physical metals. However, I do prefer to have some mining stocks because of the potential Capital Gains. In the U.S. here Physical Gold/Silver capital gains is treated as a collectable and taxed at 28% flat rate Capital gains. If you have mining stocks and hold them for a year you can get down to the 15% long term capital gains. Not mention some of the larger mining stocks do have some dividends distributions. I definitely like having a mix of both.


Bitcoin is still its early stages. I find crypto currencies very fascinating. Both Bitcoin and litecoin. Like so much of new technology you never know which one is going to win the market and how many users will adapt to the technology.

It is fascinating because shysters like Bernakie/Yellen and Mark Carney can't manipulate crypto currencies like they do their own monetary policy.

Re: Investing in gold
 

I have invested heavily in silver, much better than gold to handle & the price only goes up :) gold aswell but the problem is that its to expensive to buy in small quantities which is why i buy silver slowly. You can buy 10oz for $230 on ebay or 1oz for $30 its very nice.

Re: Investing in gold
 

Very true, the price for physical above spot price has gone up significantly the past 4-5 years.

Re: Investing in gold
 

If you keep your investments in the US dollar they will be worthless. The elite are going to steal pensions here like they did in Greece and other countries. Only buy physical gold and silver. Yes you should also buy some guns and ammo. People are forgetting the third crucial item and that is a year supply of store-able food for each member of your family. If the crap hits the fan you can not eat your guns. If the government wants to take our guns all they have to do is cut off the food supply and then tell you to come to your local Walmart to turn in your guns for food. Heirloom seeds and .22 caliber rounds will be great for barter. Down with the New World Order!

Re: Investing in gold
 

Buy scrap gold and double your money every 21 days OR keep the bullion instead of cashing out, either way far and away cheaper than buying bullion for 90-110% of value. I used to buy $1000.00 of silver weekly off of ebay, got lucky and sold all for $47.00 right before the crash in April 2011. Ever since I only buy scrap.

Re: Investing in gold
 

Re: Investing in gold
 

Silver has been under 25 for months now. Even at some points under $20. Personally I see this as a great buy. Anyone who has done research about the costs to prospect and mine silver compared to its price right now is crazy.

Reserves of above ground silver have been deteriorating for years. I am with your husband on this one. I never thought after 2009 I would see the spot price even close to $20 and OZ again. Although the premiums for Physical has gone up drastically the past few years. Silver very much looks like a buy and hold for the next 3-5 years.

Not someone to put all my eggs in one basket. Definitely not the US Dollar. But you go back in time you look at the Families that survived all the wars in Europe over 500 years. 1/3rd Metals 1/3rd Fine Art, 1/3 Real Estate. Maybe today that is 1/5 Metals, 1/5 Fine Art, 1/5th Real Estate, 1/5 Stocks, 1/5th Foreign Currency-Crypto Currency. Hard to say.

The Federal Reserves Balance sheet looks terrible. As well as Bank of England, Canada, etc. Most the too big to fail banks had the accounting rules changed back in 09 by FASB. Their assets are now market to maturity rather than marked to market. Most the Banking institutions in the US are insolvent as well as the UK and much of Europe.

Re: Investing in gold
 

http://www.perthmintbullion.com/Imag..._Coin_Blog.jpg



:cheer: Home-grown happiness. Collect my silver in 1 kg coins. Makes the house tidier. :cheer:

Re: Investing in gold
 

I love the Australian Mint produced coins - they have so many nice campaigns - I have to see what is in production now.

Cant recall if I saw the Perth Mint or if it was just a branch

Re: Investing in gold
 

At that price it is a steal I believe.

Re: Investing in gold
 

Silver is ambling along at $19 give or take.

Slow and steady.

No rocking the boat.

:yar:

Re: Investing in gold
 

Could be quite a bit of volatility with all this taper talk the next few months. If silver drops below the $15 mark I will binge buying even more than normal. Most the big mining companies can barely pull the stuff out of the ground at $15-20.

Re: Investing in gold
 

Everyone invest in dogecoins, its going to the moon.

Re: Investing in gold
 

Looks like USPS might get into the Bitcoin Business.

Re: Investing in gold
 

Bring it on.

Plenty of funds waiting.

Plenty of patience.

:juggle:

Re: Investing in gold
 

USPS ...Bitcoins? Value will drop...quickly

Re: Investing in gold
 

It would have ZERO negative effects...only positive outcomes=the more use it has=more people buying & using bitcoins. There is no such thing as bad publicity is what i would compare this to. Also don't forget to invest in dogecoins. :p