Is it a good idea to invest money in gold/silver ? - GoFuckYourself.com

DarkJedi · 03-20-2004, 10:04 AM

I think the prices on silver have been climbing steadily.
Is it a good idea to invest some availiable money into gold or silver ?

Giorgio_Xo · 03-20-2004, 10:07 AM

It would be smarter to play Silver and Gold production stocks. Frankly, China's massive growth is spurring copper stocks. A good long term play are Chinese building materials companies that trade ADRs on the NYSE.

B40 · 03-20-2004, 10:08 AM

ADR's?

milambur · 03-20-2004, 10:55 AM

No, it is not a good investment at the moment, the gold and silver prices are only high (in dollar) because the dollar is low. As soon as the dollar goes up the prices will drop. Given that the dollar is at a really low level it is very probable that it will go up.

IPK · 03-20-2004, 10:56 AM

no you should invest your money in aluminum. i hear that shit is going to blow up

Trax · 03-20-2004, 10:57 AM

answer is NO
prices are at their highest point since what
13 years if im not mistaken
something like that
you dont buy when its that high

Ludedude · 03-20-2004, 11:00 AM

Quote:

Originally posted by B40
ADR's?

American Depositary Receipts = ADR. Depositary Receipts are negotiable U.S. securities that generally represent a non-U.S. company's publicly traded equity. DRs trade just like any U.S. security, alleviating certain obstacles associated with investing directly in the home markets of non-U.S. companies.

cayne · 03-20-2004, 11:05 AM

i wouldn't buy gold, because in europe many countries selling their gold-reserves, because they changed a law, which made it now possible to sell big parts of their gold.

shima · 03-20-2004, 11:39 AM

With Dow Jones loosing 500 points in the end of last week, and all the major stocks going down, what do you think will happen to USD? Invest into the Currency Market.

shima · 03-20-2004, 11:47 AM

Has anyone ever tried these HYIP programs?
http://www.gold-hosting.com/

Note: Gold-Hosting.Com has NOTHING TO DO with GOLD-DESIGN.COM !

doornx · 03-20-2004, 11:55 AM

buy oil...do not invest in diamonds..bad long term investment unless you are wearing them yourself

Spunky · 03-20-2004, 11:57 AM

I don't think so...depending on how much you are willing to invest,I like banking institutions better

shima · 03-20-2004, 12:27 PM

Quote:

Originally posted by spunky1
I don't think so...depending on how much you are willing to invest,I like banking institutions better

The ones that give you 12% a year you mean?
Here you can double your deposit in a week. (Theoretically of corse)

twistyneck · 03-20-2004, 12:47 PM

No, don't invest in gold. Instead, stock up on the real currencies of the future: gasoline, ammunition, and cigarettes.

Spunky · 03-20-2004, 12:48 PM

Quote:

Originally posted by shima

The ones that give you 12% a year you mean?
Here you can double your deposit in a week. (Theoretically of corse)

I mean stocks...they always are growing... expensive but profitable

03-20-2004, 02:01 PM

gasoline! Best choice!

Maru · 03-20-2004, 02:13 PM

Oh man - I owned gold stocks 2 years ago. Sold them way, way to early.

I think it's a little late to get in now.

The stock market as a whole:
Right now, small guys (private investors) are buying and big guys (institutuonal investors) are selling. Always a bad sign.

FreeOnes · 03-20-2004, 02:21 PM

yes you are definately TOO LATE.
Buy low, sell high. You will take way 2 much risk if you buy now.

LA Mike · 03-20-2004, 07:26 PM

Yes, "SILVERCASH" lol

FreeOnes · 07-22-2005, 04:06 PM

http://www.kitco.com/charts/livegold.html

1 Year Gold Chart: http://www.kitco.com/charts/popup/au3650nyb.html

azguy · 07-22-2005, 04:13 PM

I think that everyone should accumulate gold on a regular basis (certain % of your income/savings). Not necessarily as a money-making opportunity, but a way to preserve wealth. You just never know.

http://goldmoney.com/en/why-gold.html

03-20-2004, 10:04 AM	#1
DarkJedi No Refunds Issued. Industry Role: Join Date: Feb 2001 Location: GFY Posts: 28,300	Is it a good idea to invest money in gold/silver ? I think the prices on silver have been climbing steadily. Is it a good idea to invest some availiable money into gold or silver ?

03-20-2004, 10:07 AM	#2
Giorgio_Xo Confirmed User Join Date: Mar 2003 Location: Las Vegas, NV Posts: 4,263	It would be smarter to play Silver and Gold production stocks. Frankly, China's massive growth is spurring copper stocks. A good long term play are Chinese building materials companies that trade ADRs on the NYSE. __________________ Make Levees, Not War

03-20-2004, 10:08 AM	#3
B40 Confirmed User Join Date: Jul 2001 Posts: 7,020	ADR's? __________________

03-20-2004, 10:55 AM	#4
milambur Mainstream since 2010 Industry Role: Join Date: Jan 2003 Posts: 1,327	No, it is not a good investment at the moment, the gold and silver prices are only high (in dollar) because the dollar is low. As soon as the dollar goes up the prices will drop. Given that the dollar is at a really low level it is very probable that it will go up. __________________ Alea iacta est

03-20-2004, 10:56 AM	#5
IPK Confirmed User Join Date: Sep 2003 Posts: 4,209	no you should invest your money in aluminum. i hear that shit is going to blow up __________________ DomainerResource.com strategies for monetizing and investing in domain names...

03-20-2004, 10:57 AM	#6
Trax [----------------------] Join Date: Aug 2001 Posts: 14,486	answer is NO prices are at their highest point since what 13 years if im not mistaken something like that you dont buy when its that high

03-20-2004, 11:05 AM	#8
cayne My time is coming... Join Date: Jan 2004 Location: Europe --- eMail: service(at)badasscompany.com --- ICQ: 60288510 Posts: 7,476	i wouldn't buy gold, because in europe many countries selling their gold-reserves, because they changed a law, which made it now possible to sell big parts of their gold. __________________ If lesbian anal is wrong, I don't want to be right.

03-20-2004, 11:39 AM	#9
shima Confirmed User Industry Role: Join Date: May 2003 Location: Office, as usual Posts: 1,753	With Dow Jones loosing 500 points in the end of last week, and all the major stocks going down, what do you think will happen to USD? Invest into the Currency Market.

03-20-2004, 11:47 AM	#10
shima Confirmed User Industry Role: Join Date: May 2003 Location: Office, as usual Posts: 1,753	Has anyone ever tried these HYIP programs? http://www.gold-hosting.com/ Note: Gold-Hosting.Com has NOTHING TO DO with GOLD-DESIGN.COM !

03-20-2004, 11:55 AM	#11
doornx Confirmed User Join Date: Nov 2003 Location: ICQ : 946 3375 Posts: 2,531	buy oil...do not invest in diamonds..bad long term investment unless you are wearing them yourself __________________ Send me a PM for design work

03-20-2004, 11:57 AM	#12
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,944	I don't think so...depending on how much you are willing to invest,I like banking institutions better __________________ *YOUR INFORMATION HERE*

03-20-2004, 12:47 PM	#14
twistyneck So Fucking Banned Join Date: Jan 2002 Location: Hanging by the neck until dead. Posts: 4,660	No, don't invest in gold. Instead, stock up on the real currencies of the future: gasoline, ammunition, and cigarettes.

03-20-2004, 02:01 PM	#16
Alex Xe Guest Posts: n/a	gasoline! Best choice!

03-20-2004, 02:13 PM	#17
Maru Confirmed User Join Date: Jul 2003 Location: Europe Posts: 918	Oh man - I owned gold stocks 2 years ago. Sold them way, way to early. I think it's a little late to get in now. The stock market as a whole: Right now, small guys (private investors) are buying and big guys (institutuonal investors) are selling. Always a bad sign.

03-20-2004, 02:21 PM	#18
FreeOnes Confirmed User Join Date: Jul 2001 Location: The Netherlands Posts: 3,400	yes you are definately TOO LATE. Buy low, sell high. You will take way 2 much risk if you buy now.

03-20-2004, 07:26 PM	#19
LA Mike Confirmed User Industry Role: Join Date: Jul 2001 Location: Orange County, CA Posts: 3,056	Yes, "SILVERCASH" lol

07-22-2005, 04:06 PM	#20
FreeOnes Confirmed User Join Date: Jul 2001 Location: The Netherlands Posts: 3,400	http://www.kitco.com/charts/livegold.html 1 Year Gold Chart: http://www.kitco.com/charts/popup/au3650nyb.html __________________ The new FreeOnes! - AdultFilmStarContent - BabeGalleries and much more! - 1Strike Movies and much more! All powered by Xpressa

07-22-2005, 04:13 PM	#21
azguy Confirmed User Join Date: Nov 2004 Location: Scottsdale, AZ Posts: 5,167	I think that everyone should accumulate gold on a regular basis (certain % of your income/savings). Not necessarily as a money-making opportunity, but a way to preserve wealth. You just never know. http://goldmoney.com/en/why-gold.html