Po_d Mainiac
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Fri Oct-02-09 06:38 PM
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pokercat999
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Fri Oct-02-09 06:48 PM
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1. $14.995 per ounce, what's the fraud? Silver traded between |
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Edited on Fri Oct-02-09 06:49 PM by pokercat999
$15.90 and $16.14 on todays NY spot market. http://www.kitco.com/charts/livesilver.htmlBut no, I wouldn't buy silver or gold.
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Po_d Mainiac
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Fri Oct-02-09 07:02 PM
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4. no feedback and wheely wheely bad, bad engrish |
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Silver rounds listed in the Roosevelt dime category.......Chinese or Nigerian fraud
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thecrow
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Fri Oct-02-09 06:49 PM
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2. What's he selling? Nickels? |
Crabby Appleton
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Fri Oct-02-09 06:59 PM
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3. I wouldn't buy them off ebay, but there are 1oz silver buffalo rounds |
Po_d Mainiac
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Fri Oct-02-09 09:28 PM
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5. dumm phucks kant even kopi payst |
pokercat999
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Sat Oct-03-09 07:58 AM
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6. Ebay now shows a winning bid of $3170.00 or $15.85 per oz. nt |
Po_d Mainiac
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Sat Oct-03-09 09:06 PM
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7. They should have gone for $17+ |
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Just for HaHa's, I take a look in a couple weeks for feedback
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Art_from_Ark
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Wed Oct-07-09 12:25 AM
Response to Reply #7 |
13. Why should they be going for $17+? |
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It's not like they're government issue-- they're just privately-minted silver rounds which barely trade for more than "melt" value.
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EmeraldCityGrl
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Sun Oct-04-09 02:19 AM
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8. I bought gold @ 530 and not regretting it. |
pokercat999
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Sun Oct-04-09 06:56 AM
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9. When will you sell? I've considered gold as opposed to my |
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cash reserves but I can't get a handle on why I would want to own it. You can only make a profit when and if it increases in value and to realize that profit you must sell the asset. At least my cash deposited in my credit union is available without penalty and is as safe as any investment can be and even though the interest rate is very low at least it provides some interest. Deflation has the effect of increasing that interest or increasing the "value" of the cash. What will be the effect of deflation on gold? Should you pick a point to sell and then re-buy if the value goes down? At this point you have a potential profit of about 45% should you sell half and hold the remainder?
Like I said I just can't seem to get my arms around the idea of investing in gold. What are your thoughts?
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EmeraldCityGrl
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Sun Oct-04-09 12:11 PM
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10. I bought as a hedge against the dollar |
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and in the worst case scenario, as an alternative currency. The investment represents about 10% of total investments so I don't lie awake nights worrying about it. My original plan was to sell @1000, but I keep hearing gold is being held at artificially low prices and I believe there is some truth to that. A few months ago when prices were in the 800's I tried to buy more but was discouraged by the difficulty in doing so with reputable traders. If Gold should drop dramatically I have some concern it would be equally difficult to sell. In that event i have no problem handing it down to my kids for long term investment.
Everything hinges on the dollar. If gold were to go to 1500 or even 2000 and the dollar was in free fall I would still be inclined to keep it. If gold drops to 800 or slightly below and the dollar gains strength, I would sell given the opportunity. I'm not very savvy and extremely cautious but it has worked for me so far.
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Why Syzygy
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Mon Oct-05-09 03:34 PM
Response to Reply #9 |
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Edited on Mon Oct-05-09 03:35 PM by Why Syzygy
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Art_from_Ark
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Mon Oct-05-09 11:43 PM
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12. I took a look at some prices in an old coin book I got in the late '60s |
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Imagine being able to buy British gold sovereigns for $12 apiece-- today, they are going for 20 times that. But that was the price they were listed at in R.S.Yeoman's World Coin Catalog of the late '60s. It's too bad I couldn't have stocked up on them back then.
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Tue Apr 30th 2024, 09:35 PM
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