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

a.v.limited 02-24-2014 05:20 AM

Re: Investing in gold
 
well all your capital is gone unless investing in gold futures or options

rsot 02-24-2014 06:18 AM

Re: Investing in gold
 
Quote:

Originally Posted by alim (Post 531491)
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

Year is still early - seeing how markets play out

alim 02-24-2014 05:05 PM

Re: Investing in gold
 
Quote:

Originally Posted by teedon (Post 531556)
But i think gold business need large money to start and flow,not easy to control the risk



the thing with precious metals like gold silver and platinum is that you can start with an ounce or so and go up to whatever your investment budget is.

alim 02-24-2014 05:07 PM

Re: Investing in gold
 
Quote:

Originally Posted by rsot (Post 531586)
Year is still early - seeing how markets play out

its as low as $310 per ton now in US and Canada if you buy bulk.steep fall from last year .lets see

GreenBean 02-24-2014 05:07 PM

Re: Investing in gold
 
Quote:

Originally Posted by alim (Post 531737)
the thing with precious metals like gold silver and platinum is that you can start with an ounce or so and go up to whatever your investment budget is.

And sell on the same basis.

I always retain part of my 'stack'.

Some I know sell up everything.

Then complain about buying back into the market.

rsot 02-24-2014 08:28 PM

Re: Investing in gold
 
Quote:

Originally Posted by alim (Post 531738)
its as low as $310 per ton now in US and Canada if you buy bulk.steep fall from last year .lets see

Smart move to buy in bulk

vogeltron 02-25-2014 03:19 AM

Re: Investing in gold
 
Quote:

Originally Posted by Greenie (Post 531739)
I always retain part of my 'stack'.

MONSTER BOX :nono:

rsot 02-25-2014 08:57 PM

Re: Investing in gold
 
Hah vogeltron with the kill shot :FF:

GreenBean 03-01-2014 06:40 AM

Re: Investing in gold
 
rsot trying to be funny.

Monster Box can be a listing on ebay of a 'stack' of precious metals ( more often than not silver).

Those in the know know

:FF:

rsot 03-01-2014 12:33 PM

Re: Investing in gold
 
The Silver Eagle $1 coins are popular monster box listings

vogeltron 03-03-2014 05:10 AM

Re: Investing in gold
 
Quote:

Originally Posted by rsot (Post 533417)
The Silver Eagle $1 coins are popular monster box listings

I honestly prefer the Canadian Coins. Usually a lower premium the American Eagles. Now they have a few Variations aside from the Maple Leafs. Grizzly bear 1 oz Silver Coins and a few others.

For a while there was actually some profit to be made buying the empty monster boxes and coin tubes and reselling them on eBay. Too many people eventually figured it out however.


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