Where did my old gold thread go? Who's laughing now?

[Mr. Cool Ice]

Looks like you people are not laughing now. Since that post, I doubled my investment in gold as well as silver. If you didn't take my advice then, you really missed out, but it's going to easily hit $2000, maybe even $3000, so it's not too late to stock up. Laugh again if you want, but mark this thread and visit it next year.

I'm also making a mint on Korean pharmaceutical stocks. Do your homework there, that market is EXPLODING, so long as you can spot the right companies. Not hard though. I've made just short of 500k in the past six months in this market alone. Get in on this and thank me later.

Mr. Cool Ice out!

[Killswitch - BANNED FOR LIFE]

I don't care about what you just said, but I do know is your avatar makes you look like a buffoon.

[Deej]

I don't care about what you just said, but I do know is your avatar makes you look like a buffoon.

and... yours makes you look... easy?

[Killswitch - BANNED FOR LIFE]

and... yours makes you look... easy?

I am... easy?

[RayBonga]

Good luck with it

btw, whenever I discuss gold with Americans they claim much higher profits than I wouldhave gotten. part of the gold value increase is actually a dollar value decrease (if you have other currency you won't see this effect). Still a great run by gold anywhere in the world.

[Les Grossman]

Good luck with it

btw, whenever I discuss gold with Americans they claim much higher profits than I wouldhave gotten. part of the gold value increase is actually a dollar value decrease (if you have other currency you won't see this effect). Still a great run by gold anywhere in the world.

Yes, Americans usually don't understand their currency is devaluing at an incredible rate. For some reason, they think they are too big to fail and their currency is too strong to be reduced to nothing.

For them, the idea would be to invest in something (anything) that is appreciating against the dollar. Even if you only earn in USD, get it in an interest baring account in a currency that is gaining against the USD. If you can find something that at least matches or beats inflation, you will come out on top. If not, you still lose.

[Iron Fist]

Nice to see all those companies that want your gold jewelery turning into sharks lately.

[Sausage]

Uneducated people don't realise that gold today buys you roughly the same value of goods as it did 100, or even 1000 years ago. Gold is finite, and when a countries currency becomes worthless people will revert to gold (and silver etc).... just see Zimbabwe .. gold is one of the main currencies there now amongst the people.

Gold hasn't gained value, nor has it lost value .. its worth the same. The only thing losing value is the currency which isn't really backed by much at all. You invest in gold to protect your wealth ... and the rise of gold means your $ are worth less and less as your government pumps out trillions more ... rendering each $ worth less. Just watch the carnage when the US$ is dumped as the world currency .. that is going to be horrible to watch.

[Nicky]

Uneducated people don't realise that gold today buys you roughly the same value of goods as it did 100, or even 1000 years ago. Gold is finite, and when a countries currency becomes worthless people will revert to gold (and silver etc).... just see Zimbabwe .. gold is one of the main currencies there now amongst the people.

Gold hasn't gained value, nor has it lost value .. its worth the same. The only thing losing value is the currency which isn't really backed by much at all. You invest in gold to protect your wealth ... and the rise of gold means your $ are worth less and less as your government pumps out trillions more ... rendering each $ worth less. Just watch the carnage when the US$ is dumped as the world currency .. that is going to be horrible to watch.

This is kinda true. I for one don't want to see the US$ go tits up though, would love It to gain instead.

[Les Grossman]

Uneducated people don't realise that gold today buys you roughly the same value of goods as it did 100, or even 1000 years ago. Gold is finite, and when a countries currency becomes worthless people will revert to gold (and silver etc).... just see Zimbabwe .. gold is one of the main currencies there now amongst the people.

Gold hasn't gained value, nor has it lost value .. its worth the same. The only thing losing value is the currency which isn't really backed by much at all. You invest in gold to protect your wealth ... and the rise of gold means your $ are worth less and less as your government pumps out trillions more ... rendering each $ worth less. Just watch the carnage when the US$ is dumped as the world currency .. that is going to be horrible to watch.

That's well said. However, gold actually does rise in value the more in demand it becomes, like oil for example. But the fact that the currencies are going up and down plays for most of the price fluctuations.

[Horny Joe]

It is always nice when people are making good money! Wish I had some to invest.... Maybe next year I can at least invest 10k in stocks... Will keep my eyes up...

[JFK]

It is always nice when people are making good money! Wish I had some to invest.... Maybe next year I can at least invest 10k in stocks... Will keep my eyes up...

might as well just put it all on black

[ThumbLord]

I think JFK ment red in his post.

[Les Grossman]

It is always nice when people are making good money! Wish I had some to invest.... Maybe next year I can at least invest 10k in stocks... Will keep my eyes up...

You have to know what you're doing if you play with stocks. However, look at foreign investing if you get into stocks, there are a lot more opportunities it seems. Brazil for example is booming, so are many parts of Asia.

[Cyber Fucker]

Gold is da shit! Congrats to all the winners!

[Cyber Fucker]

Damn, I really like this board since I can find some smart people and posts here, it's damn rare.

[Brujah]

Here's your original Gold thread.
http://www.gfy.com/showthread.php?t=860238

[directfiesta]

Yes, Americans usually don't understand their currency is devaluing at an incredible rate.

These guys do :

The Observer, Sunday 6 December 2009

Euros become currency of drug cartels

[bobby666]

thx 4 info

[SmokeyTheBear]

mr cool ice sir,

do you need a personal joint roller ?
chair warmer ?
official laugh at all your jokes companion ?
guy to check your shoes for dog shit ?
gold counter ?
need someone killed ?

[onwebcam]

[421Fill]

wow, that's poignant.

[FreeOnes]

Uneducated people don't realise that gold today buys you roughly the same value of goods as it did 100, or even 1000 years ago. Gold is finite, and when a countries currency becomes worthless people will revert to gold (and silver etc).... just see Zimbabwe .. gold is one of the main currencies there now amongst the people.

Gold hasn't gained value, nor has it lost value .. its worth the same. The only thing losing value is the currency which isn't really backed by much at all. You invest in gold to protect your wealth ... and the rise of gold means your $ are worth less and less as your government pumps out trillions more ... rendering each $ worth less. Just watch the carnage when the US$ is dumped as the world currency .. that is going to be horrible to watch.

Well that's only half true. You forget that this guy is living in the USA (as far as I know) so for him it's a good thing. If he would sell the gold right now he gets way more dollars than what he had last year. However, in euros or other currencies the appreciation of gold is way lower. I'm also not a big fan of gold etc. You have to store this stuff somewhere safe, if you buy it physical and that also costs oretty much money. And just draw the multi year gold graph here: http://www.kitco.com/charts/historicalgold.html
Buy low and sell high! It's not a buying time anymore...