did i say buy an index?

well, 2 years later all I want to say is:


I fucking told you so !!!!!!

http://goldmoney.com/en/charts/0usd120.png

I'll try some JP morgan to see how it performs..........buying bear stearns shares should do something interesting for their stock........ but yeah.....gold is kicking ass........

OK OK , rub it in:Oh crap

Very well bumped.

Some of the other responses in this older portion of this thread are a real LOL.

gold took a big shit yesterday

Ya and that so wiped out the over 100% gain since 06 or 50% plus per year.

indeed very nice bump

good thing i got in on it at 670

:1orglaugh :1orglaugh

didn't realize this was an old thread and was going to ask if you were fucking crazy advising people to buy gold now :D

Antonio,are you avaible for hire as financial advisor?

many people still say today "buy gold", but you're right, I consider that too risky

Well the guy posted in 2006 and his prediction was exceeded..... Antonio are you employed by Klentaris? If not, ill hire you.

By the way, whats your next prediction?

Nice bump man

This was a bump that was worth it.

once inflation catches up with the money that the fed just dump into the market again gold will go back up. When adjusted for inflation an all time high for gold would be $2000 an oz. Oil is already at an all time high when adjusted, no reason gold will not follow.

Very nice prediction :thumbsup

Some random gfyer makes a random prediction, it comes true, and all of a sudden everyone wants to hire him? :1orglaugh:1orglaugh

You don't buy commodities as value investments. :2 cents: The demand for gold is going up because of inflation fears, not because people want to buy more gold rings etc in the consumer market, so unless that changes the value will always be tied to the inflation rate\inflationary fears.

That means the gold is still worth more or less the same, but the value of the dollar has changed against it.

Nice bump :thumbsup

with inflation raging in USA, gold is probably a very safe means of maintaining "value".
if anyone bought gold thru an exchange, i would like details..thanks.

i think it's a really good tip

the deal is where take 1.000.000 for investment ;)

BComm degree with 2 years of investment decision modules

I remember watching "Brainiac" - they asked a psychic medium couple of questions, then repeated the process with a monkey - asked the monkey the same questions and it had to pick cards with the answers. It turned out the monkey was as good as the medium which makes me think that a monkey can be as good financial advisor as any of the pros out there.

I couldn't know for sure that the gold would bring 100% profit in 2 years and no one could, it was an educated guess to a degree, but if you need advise you go to the pros, and by a pro I mean somebody that does this 24/7, I can only give you the basics:

- high risk investments - if you are young and feel like tempting the fate (you'll most probably end up losing most of your money but the retrurn can be very sweet) then go for it. The chances are you only have a few k to your name and if you end up losing your money you have a lot of energy and opportunities to make more cash ;)

- medium risk investments - that's for guys 30-40 years of age, play with say 1/4 of your free money

- low risk investment - if you're old/retired and not extremely rich that this is the one for you, your money won't grow rapidly but the chances of you losing them are practically zero

and one more time - find yourself a broker/financial advisor, they'll charge you a fee but it's well worth it

Investment Tip of the Year:

BUY VISA STOCK!

Good Investment Thread

Congrats to the winners.

Not true. The chinese are buying a lot more rings. They can now afford them and they like them. Sounds weird but it is true.

I don't know what this clown is talking about but buying gold right now would be a very stupid move, just look in in the last 2 days of trading gold lost 10%.

As consumer confidence increases people get out of commodities and go back into buying stocks and bonds and such. With the gov, stepping in to help big business get through this fiasco I would not touch commodities.

It's not that gold is up as much as the world currencies are down, imho.

I once heard it said that in Ancient Rome, for an ounce of gold, a man could get a fine toga made with a hand-crafted belt, and sandals.

Today, the same ounce of gold could get you a nice suit, with leather belt, and shoes.

Gold is where you put your money for it to retain its value.

So whenever it can't buy that it is a good deal. See a few years ago and it is fairly valued now? Would have made a lot of sense except you picked to times that proved the point and ignored data that didn't.

Does it have something to do with US-Afghan war in 2001 and US-Iraq war in 2003?

:upsidedow

God took a big shit, almost 33 years ago! (on March 27, 1975)

just realized its old thread, nice prediction Antonio ..

By the way, I think gold and oil will always move higher .. may be down for little while, but overall .. after 1-2 years, price would be definitely higher than today's.

When did I ignore anything?

I'm sure the same could be said in medieval times, or during the reformation, or during the U.S. Civil war.

Gold's pretty much maintained its value in regards to goods, was the point.

Sure, it could fluctuate in apparent value from year to year... but I'm betting inflation and other market forces will balance things out in due time... and, your great-grandchildren will be able to take an ounce of gold - and, with it, buy a nice suit, a nice belt, and a nice pair of shoes.

I sold all of my old gold jewelry I had, but never really wore, a few months ago. I kept the good stuff. Walked away with a stack of money and a big smile.

I have a ton of 1/2 of a pair of earrings. Most I've just tossed but now I'm thinking of going through my old pocketbooks and such, digging them out and at least get some money for a nice dinner out :)

Most of my other jewelry was inherited, given by someone special or has other sentimental value so I would never sell it. I've already started giving pieces to my nieces to own. One my rings has the diamond my mother received for her 18th birthday and a diamond she wears belonged to my father's grandmother.