Any of you guys buy gold????????????

**XPorn** · 03-24-2005, 06:33 PM

I have some.....over next few years I'm willing to bet it moves up....

XPorn

**Choker** · 03-24-2005, 06:38 PM

Originally posted by XPorn

I have some.....over next few years I'm willing to bet it moves up....

XPorn

Do you think it is a good idea to buy more now?

**DraX** · 03-24-2005, 06:38 PM

Is it correct that 1 ounce is around 31 gram ???

**KMR Stitch** · 03-24-2005, 06:38 PM

I remember when gold was around 260 an oz. Like 7 years ago..

**DirtyDanza** · 03-24-2005, 06:39 PM

Originally posted by DraX

Is it correct that 1 ounce is around 31 gram ???

28.35 is 1 oz

**tungsten** · 03-24-2005, 06:41 PM

gold is probably one of the best investments possible

**Choker** · 03-24-2005, 06:41 PM

Originally posted by KMR Stitch

I remember when gold was around 260 an oz. Like 7 years ago..

Yep, if I had bought just 1 pound then the profit would have been $2720 on a $4160 investment

**hydro** · 03-24-2005, 06:42 PM

yea i bought alot back in 2003. Nice return so far

**DraX** · 03-24-2005, 06:44 PM

Anybody looking to buy a gold chain I have one for sale 16.9 oz would make about $6772. Hit me up if you are intrested

**Choker** · 03-24-2005, 06:46 PM

Originally posted by DraX

Anybody looking to buy a gold chain I have one for sale 16.9 oz would make about $6772. Hit me up if you are intrested

That's heavy. I have been hedging my buys by getting older US gold coins and some foreign. At least there is a numismatic value which will cushion some if the gold price drops

**arnette** · 03-24-2005, 06:50 PM

the main factor in the skyrocketing gold price is the crap US$, its fairly artificial rise to every that is not in the US

**Choker** · 03-24-2005, 06:51 PM

Originally posted by arnette

the main factor in the skyrocketing gold price is the crap US$, its fairly artificial rise to every that is not in the US

Yeah but many authorities think the bigger banks purposely keep the prices down

**DraX** · 03-24-2005, 06:52 PM

Originally posted by Choker

That's heavy. I have been hedging my buys by getting older US gold coins and some foreign. At least there is a numismatic value which will cushion some if the gold price drops

All sort of gold older or newer are good investments

Yea its real heavy, tired of it too.

It too big to walk around with over here, damn all the arabs that cant stop look at it when I go out partying. My brother has an identical, we have had alot of fun going to parties together. And how easy people are selling them self or assuming things, lol ridiculous

**khs** · 03-24-2005, 06:53 PM

the contents of this post are BS

I buy bars by the pallet full

**DraX** · 03-24-2005, 06:54 PM

Originally posted by khs

I buy bars by the pallet full

How come this thread are bs ??

**XPorn** · 03-24-2005, 07:08 PM

The 1oz gold credit suisse bar is the way to go...

Although I spoke to a gold compnay guy and he gave it a HOLD right now....

XPorn

**Salvar** · 03-24-2005, 07:10 PM

I like bling bling, counts that also

**mcmc** · 03-24-2005, 07:12 PM

isnt it waaayyyy too late to buy gold now?

**Funky Bastard** · 03-24-2005, 07:16 PM

Buy 1oz gold coins check ebay for some sweet deals I have about $20,000 in gold coins saved up from when I was 13 I also have a good safe and it's a must when dealing with gold it's a good investment if the dollar fails gold will take it's place.

**AkiraSS** · 03-24-2005, 07:19 PM

Buying gold atm isn't wise imo

**TORTOISE** · 03-24-2005, 07:22 PM

l delt in currencies for many years and made some nice $$$$,never gold but a gold investment broker told me many years ago that gold always rises when a war is taking place ...so maybe its high now because of iraq...

I would be reluctant to buy any at this present time as maybe its at its peak ?

A lot of sites will show you the last 10 yrs gold prices on graphs..study them to see what pattern you can see ,and look if its at an all time high if it is ...well expect a drop sometime to happen to correct itself ..

**Choker** · 03-24-2005, 07:56 PM

Originally posted by TORTOISE

l delt in currencies for many years and made some nice $$$$,never gold but a gold investment broker told me many years ago that gold always rises when a war is taking place ...so maybe its high now because of iraq...

I would be reluctant to buy any at this present time as maybe its at its peak ?

A lot of sites will show you the last 10 yrs gold prices on graphs..study them to see what pattern you can see ,and look if its at an all time high if it is ...well expect a drop sometime to happen to correct itself ..

The problem with the history is that you can really only look at stats since 1980

http://www.gold.org/value/stats/stat...since1971.html

I take it a lot of nations stopped tying thier currency to gold back then? Something major had to happen then.

**KRL** · 03-24-2005, 08:00 PM

My ex-wife has accumulated a big load. About 20,000 ounces last time I checked.

She thinks its going to break into the $500 range next year.

**khs** · 03-24-2005, 08:25 PM

Originally posted by DraX

How come this thread are bs ??

I said "the contents of this post are BS"

my post, not the thread

y0

**Choker** · 03-24-2005, 08:29 PM

Originally posted by KRL

My ex-wife has accumulated a big load. About 20,000 ounces last time I checked.

She thinks its going to break into the $500 range next year.

WOW, that's over 8 mill worth of gold. My ex is a dead beat. LOL

**DavieVegas** · 03-24-2005, 08:31 PM

Ya i have tons of gold from when iw as akid. My grandparents use to be jewelry makers, so I had tons of things

**Stacey_JoinRightNow** · 03-24-2005, 09:19 PM

that gives me an idea...that GOLD is really a VERY good investment...
im not a gold PERSON thou

**TKoProductions** · 03-24-2005, 09:23 PM

Yes, I hold quite a bit. Physically, and not just on paper.

There's no question in my mind that it will hit $500 an ounce.

Will it hit $800+ like it did in 1980? I don't think so.

**robfantasy** · 03-24-2005, 09:58 PM

i have some gold teeth i used to wear back in the day

**JFK** · 03-24-2005, 10:03 PM

Originally posted by Dirty_DS

28.35 is 1 oz

actually it is NOT a TROY ounce is 31.104 gms

and as far as that goes gold is not that good of an investment, people come to me regularly who bought and thought they were going to get rich , not so, like anything you have to beware of service charges etc. Just because gold goes up $20 per ounce, it does not mean you will make that money, especially if you are actually holding.

**buddyjuf** · 03-24-2005, 10:09 PM

I've been looking at investments lately... maybe I should research a bit more and cosider a big chunk of my $ to go in Gold!

**wouncie** · 03-25-2005, 06:21 AM

buy one ounce krugerands.

**Wiggles** · 03-25-2005, 07:12 AM

don't buy gold, its value goes up and down like mad, you really should buy diamonds!

Any of you guys buy gold????????????

Any of you guys buy gold????????????

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