Gold
 

I don't know how many of you care about Gold - but it recently reached $445-$449/oz. Pretty neat when you store your money in e-gold! :thumbsup

i did some consulting they paid in egold, that was the only time, havent used it since, and i used a service to convert it.

It's the most brilliant concept ever.

where does gold really derive its value? is it a currency? is it an industial commodity? it seems like a lot of speculation rather than the 'safe' investment some make it out to be.

Pure supply and demand.

Read:

http://www.goldmoney.com/en/archive/pvaneeden.pdf
http://www.goldmoney.com/en/archive/wgc-brochure.pdf

In one sentence I'd say that gold derives its value from its scarcity.

All I can tell you is that I have been using e-gold since gold was priced $260/oz. It is now $447. I call it safe. Sure it fluctuates against other currencies... that's what scares most people about Gold. Little do they know that USD does the same every freaking day :)

Where can I buy some gold bars? nuggets?
All the local people in my area only buy and sell small amounts (mostly to jewelers) :(

So.

www.e-gold.com ?
Do you have a referal link? Do they offer that? I've got to check this out.

Kitco.com

Also check out e-gold.com, where you can own "digital gold".

They do.. sort of. But who cares. www.e-gold.com

yeah i've read a lot of the literature and sites like Puplava. but it all boils down to gold being sort of 'meta' currency that everyone agrees on. talk about faith-based currency. at least fiat currency is theorhetically tied to an ecomomy

hey i have friends that have made a mint in metals lately.(no pun intended). but look back. gold used to be 800 an ounce in 1980. maybe inflation adjusted, that's not a big deal, but it's not a bullet proof investment.

You can grow your own Gold nuggets if you want too..buy a 1000 watt high pressure sodium lite, some potting soil and a few marijuana seeds...add some water wait a few months and wallah...youve got your self some product worth 400$ an OZ.

Nothing is. But the USDs in my pocket sure aren't as well! :)

ha. no doubt. the dollar is getting its proverbial ass handed to it. things are going to be interesting to say the least in the next 3-4 years. nobody is paying attention.

Gold is king :thumbsup Im looking at that stuff rigt now.....

Highest was $910 in 1981

well I guess it can't hurt to pick up an ounce or two

My dad used ot have a full gold bar - that thing was cool and heavy as hell. He sold it a few years back and got some stock instead.