Who's investing in gold?
I've been doing a lot of reading lately on investing and plan to get in the market in the next month or so. One thing that is scaring the shit out of me is the likely inflation in the next couple years. So, am I the only one who's going to be investing in gold? How are you doing it, ETFs, bullion, etc?
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I'm converting physical gold into bullets. That way I'm safe if there is a total failure of any economic system and gold becomes worthless. Or we have an outbreak of were-rabbits.
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Zombies are coming, Umbrella Corp is watching
I am investing in Miatas |
Originally Posted by BenR
(Post 393021)
I'm converting physical gold into bullets. That way I'm safe if there is a total failure of any economic system and gold becomes worthless. Or we have an outbreak of were-rabbits.
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I have heard that there is a national shortage of amo as well...
At least my student loans will be easy to pay off if things really hit the skids. |
I was looking into ETF's but have dumped some money into gold mining companies. So far I've done pretty well. I also invested into silver, but from what I've gathered, silver is more a up and down swinger than gold.
Btw, zombie hamsters are nothing to fuck with. |
Originally Posted by BarrigaNA
(Post 393044)
I was looking into ETF's but have dumped some money into gold mining companies. So far I've done pretty well. I also invested into silver, but from what I've gathered, silver is more a up and down swinger than gold.
Btw, zombie hamsters are nothing to fuck with. On the topic of gold, have you seen the video online talking about how people are back in west starting to mine again. It is a new age gold rush. ..... I try not to think about the zombie hamsters and zombie squirrels. They keep me up at night :laugh: |
Originally Posted by wildfire0310
(Post 393045)
On the topic of gold, have you seen the video online talking about how people are back in west starting to mine again. It is a new age gold rush.
..... I try not to think about the zombie hamsters and zombie squirrels. They keep me up at night :laugh: |
Originally Posted by wildfire0310
(Post 393025)
you forgot about the zombies ;)
No I didn't, a regular bullet will kill a zombie. I've got plenty of thoes already. But a regular bullet won't kill a were-rabbit. |
Originally Posted by BenR
(Post 393060)
No I didn't, a regular bullet will kill a zombie. I've got plenty of thoes already. But a regular bullet won't kill a were-rabbit.
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You guys should have invested in Gold sometime in 2007. Back then it would have been worthwhile. Today though, its pretty stable. Unless the American economy decides to completely fall through the toilet, thats when you can make some serious money. Simplest way to get into gold is through an ETN.
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Originally Posted by BarrigaNA
(Post 393063)
Doesn't silver get rid of those nasty critters?
Wolves yes, rabbits no. Besides, don't be silly, werewolves are such a rare happenstance that the implication of their current existence is frankly ridiculus. |
Municipal bond funds are more reliable and have been making 7 to 8% for all of these last quarters that the indexes of the regular stocks have been declining in double digits.
And the time to buy gold was when it was cheap two years ago, not now that it has been run up and is expensive. Find a good low expense ratio bond fund from a company like Vanguard, Fidelity or T. Rowe Price and your money will both be safe and earn enough to stay ahead of inflation. You can set up an account online with any of them. Vanguard is my personal favorite because the costs are some of the lowest in the business and their online interface is very user-friendly. Do not invest in any fund with an expense ratio of more than .60 or you are giving your money away to some banker. The lower the expense ratio, the less you are giving away to the guy who is administering the fund. I'm not a licensed investment adviser, but I did stay at a Holiday Inn Express last night. |
Originally Posted by Saml01
(Post 393071)
You guys should have invested in Gold sometime in 2007. Back then it would have been worthwhile. Today though, its pretty stable. Unless the American economy decides to completely fall through the toilet, thats when you can make some serious money. Simplest way to get into gold is through an ETN.
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Originally Posted by Saml01
(Post 393071)
You guys should have invested in Gold sometime in 2007. Back then it would have been worthwhile. Today though, its pretty stable. Unless the American economy decides to completely fall through the toilet, thats when you can make some serious money. Simplest way to get into gold is through an ETN.
I guess we'll see what all happens in the next few weeks. All I know is I am happy I bought Ford about 2 weeks ago. I am already up 50% on the stock. |
lol
I wouldn't invest 10 minutes into thinking about it, let alone any money. Seems to be the new thing though I keep hearing about on TV. And if its on TV it must be true. Like vampires and werewolves!! :loser: |
I sent all my unwanted gold in a low security envelope to UnwantedGoldUSA and I got CASH $$$$$
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Originally Posted by Vashthestampede
(Post 393162)
lol
I wouldn't invest 10 minutes into thinking about it, let alone any money. Seems to be the new thing though I keep hearing about on TV. And if its on TV it must be true. Like vampires and werewolves!! :loser: |
Originally Posted by BarrigaNA
(Post 393159)
My thought is that gold and silver are always going to be needed.
When the shit goes down you need weapons and ammo. Then you can get all the gold and food you need... |
Originally Posted by BarrigaNA
(Post 393159)
I guess we'll see what all happens in the next few weeks. All I know is I am happy I bought Ford about 2 weeks ago. I am already up 50% on the stock. I do have some money in a precious metal fund. That's just to hedge some bets though. Frank |
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