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-   -   Investing in gold (https://www.aspkin.com/forums/general-money-chat/53998-investing-gold.html)

rsot 02-04-2014 05:50 AM

Re: Investing in gold
 
Hah download3000 - dodgecoins eh

GreenBean 02-04-2014 05:53 AM

Re: Investing in gold
 
Quote:

Originally Posted by download3000 (Post 525680)
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

How about writing a 10,000 word essay explaining why dogecoins are good.

Put the thread in Money Talks.

Avoid too much of a political bias.

:juggle:


ps, does not need to be 10,000 words LOL. We need variety & input on different issues.

Eager to read your thoughts.

download3000 02-04-2014 06:04 AM

Re: Investing in gold
 
Dogecoin is less than 2months old, its growing fast. Already the 6th most valueble currency. Crypto-Currency Market Capitalizations | Bitcoin Ripples Litecoin Peercoin Nxt DogeCoin MasterCoin Namecoin Quark ProtoShares and more...
Also i am mining dogecoin right now because it's very easy at the moment.
Remember a year and half ago when litecoin was 0.16 cents each? yea well now its $20+. Anything is possible.
I got into bitcoin early last year but did't invest until sep of 2013 i made over $60,000+(verify my post on my page asking that i was buying bitcoins when the price was trending at $70-$90 each:humble:). Crypto currency's are the future.
Dogecoin currently has one of the most active community's as of now.
Check out reddit.com/bitcoin now check out the #1 post as of now:
Dogecoin wtf : Bitcoin

Check out the growing community:
dogecoin

Am not saying dogecoin is 100% going to the moon, am just saying they have enough fuel to make it but who know's if they will crash. Haha :mod:

vogeltron 02-08-2014 10:44 PM

Re: Investing in gold
 
Dodgecoin seems more like a Pump and Dump than Bitcoin or Litecoin. That was a weird pop it had several weeks ago with the Jamaican Bobsled team Olympic Fundraising.

vogeltron 02-12-2014 03:57 AM

Re: Investing in gold
 
Gold was up 1% today. Has been up about 7% on the year. I wonder if this is going to be like 2010-11 when every time Ben Bernakie uttered a word out of his mouth metals went up. Maybe it will be the same thing with Yellen.

vogeltron 02-15-2014 04:44 AM

Re: Investing in gold
 
Gold is back above $1300 an OZ. Gold stocks have preformed very thus far. 2013 was the first year in a decade Gold price declined year to date. Will be interesting to see what happens. Personally, I think Gold could go the moon.

yankee 02-15-2014 07:53 AM

Re: Investing in gold
 
I am buying silver bullion for the first time since 2010 :)

rsot 02-15-2014 08:39 AM

Re: Investing in gold
 
Quote:

Originally Posted by vogeltron (Post 528724)
Gold is back above $1300 an OZ. Gold stocks have preformed very thus far. 2013 was the first year in a decade Gold price declined year to date. Will be interesting to see what happens. Personally, I think Gold could go the moon.

Gold will trend up then there will be a ceiling point where it will drop back down ...still a solid hold with the shifting economies

GreenBean 02-15-2014 10:24 AM

Re: Investing in gold
 
Quote:

Originally Posted by yankee (Post 528729)
I am buying silver bullion for the first time since 2010 :)

Not missed buying silver bullion for the last 12 years.

Hung in there when it was US$7 approx & increased my stack.

Always been my weakness & pleasure.

:yar:

GreenBean 02-15-2014 10:26 AM

Re: Investing in gold
 
https://mashopsimg.com/vermeulen/pic/koka1.jpg




:cheer:For yankee. The 1kilo Kokka silver coin was stunning in 2010 :cheer:

yankee 02-15-2014 04:41 PM

Re: Investing in gold
 
I bought 10 ounces a week or more very week from late 2009-early 2011. Got lucky and sold all my bullion the day before they killed Binladen and the market crashed. Sale price was a flat $48.00 an once. My ROI was a bit over 137% Sheer luck in selling. No skill and no speculation. It was simply I needed liquid cash to buy inventory that day. Lucky is better than good most days :) but I also believe in creating your own luck!

GreenBean 02-15-2014 05:28 PM

Re: Investing in gold
 
Quote:

Originally Posted by yankee (Post 528807)
I but I also believe in creating your own luck!

My motto.

Luck has seen me thro' some rough times.

:cheer:

rsot 02-16-2014 11:54 AM

Re: Investing in gold
 
Quote:

Originally Posted by Greenie (Post 528756)
:cheer:For yankee. The 1kilo Kokka silver coin was stunning in 2010 :cheer:

Do you have that coin Greenie?

Sandy D 02-16-2014 04:43 PM

Re: Investing in gold
 
Quote:

Originally Posted by yankee (Post 528807)
I bought 10 ounces a week or more very week from late 2009-early 2011. Got lucky and sold all my bullion the day before they killed Binladen and the market crashed. Sale price was a flat $48.00 an once. My ROI was a bit over 137% Sheer luck in selling. No skill and no speculation. It was simply I needed liquid cash to buy inventory that day. Lucky is better than good most days :) but I also believe in creating your own luck!

Smart move!!

teedon 02-23-2014 11:59 AM

Re: Investing in gold
 
I have to say i already lost some money from investing the gold but i will keep some gold,because i know the gold will worth to keep and the gold not only stand for money.

rsot 02-23-2014 04:00 PM

Re: Investing in gold
 
Quote:

Originally Posted by teedon (Post 531368)
I have to say i already lost some money from investing the gold but i will keep some gold,because i know the gold will worth to keep and the gold not only stand for money.

Has capital potential :)

alim 02-23-2014 10:02 PM

Re: Investing in gold
 
I invested in gold late last year when it was at $1230 and then was partially disappointed when it reached $1195.
read on Bloomberg that goldman sachs was predicting $1145 by the mid of this year.
glad I didn't sell it ,the price is good.its volatile but has the potential to rise close to $1400 if it passes the current resistance level

alim 02-23-2014 10:05 PM

Re: Investing in gold
 
Quote:

Originally Posted by Sandy D (Post 529054)
Smart move!!

read this thread probably too late but you were right a year ago about scrap metal.it almost touched $400 per ton because of Chinese and Turkish demand.This year hasn't been too good for it

teedon 02-24-2014 04:02 AM

Re: Investing in gold
 
I have to tell you what i saw ,it is going crazy.When the gold price going down,many many chinese women went to the gold shop and bought lots of gold with smile .They donot even know the knowledge about any investing,they just think they will make lots of money if they buy the gold when the price going down. Ha ha i am one of them

vogeltron 02-24-2014 04:56 AM

Re: Investing in gold
 
Quote:

Originally Posted by alim (Post 531490)
I invested in gold late last year when it was at $1230 and then was partially disappointed when it reached $1195.
read on Bloomberg that goldman sachs was predicting $1145 by the mid of this year.
glad I didn't sell it ,the price is good.its volatile but has the potential to rise close to $1400 if it passes the current resistance level

Gold at least in USD was up for like 13 straight years. It had one down year. Just due to the fact mining costs across the world have risen so much. I think to have Gold truly crash you would also have to see oil and factors of production crash. Even the biggest gold miners in the world Barrick, GoldCorp, Newmont. It costs them over $800 per ounce to mine it out of the ground.

a.v.limited 02-24-2014 04:57 AM

Re: Investing in gold
 
sold gold on sat and received £226 per gram, got 4 times the price in 15 yrs really.

but you have to store it. Asian jewellers in uk sell gold coins that are pure and you get good value for them on resale

teedon 02-24-2014 05:05 AM

Re: Investing in gold
 
But i think gold business need large money to start and flow,not easy to control the risk


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