Who is investing in gold and silver?

[Montauk17]

With the way everything is going these days and the collapse of the paper dollar I have been wanting to invest in other options. Anyone investing in gold and silver,any pointers?

[eman]

Gold and silver are at an all time high. I got into gold about 6 years ago.
Lots of talk about it still going higher but who knows.

[Montauk17]

Yeah I really wish I would have listened to my grandfather years ago when gold was 600 dollars an oz

[speck cc]

yep, to go back in time 10 years and do it over...

i would take out massive loans to invest in gold, lol

[inchspinner]

gold gold gold.......where mines at..

[baychamp]

If you think one ounce of gold is a good value at around $1800 an ounce go for it. First check out a 36 yr gold price chart and look what happened after the last major gold spike.

[Montauk17]

Originally Posted by baychamp

If you think one ounce of gold is a good value at around $1800 an ounce go for it. Check out a 36 yr chart first and look what happened after the last major gold spike.

I agree but if the market falls gold prices will sky rocket! Paper money is only worth the paper it's written on,worthless.

[RigRatNoMeaux]

I pull gold and platinum teeth from de graves back of town sha!

["H"]

I would own gold & silver coins in small denominations and hold only for the worst case senario i.e. the collapse of the U.S. Dollar.
For investment purposes i think gold & silver is WAY too risky for my liking.
South Louisiana historically has been pretty recession proof over the years.
Save your money and buy realestate - land, rental property, etc. Look for something that is income producing. The down side to realestate is it is not "fluid" meaning sometimes you may have to wait to get out.
Just my 2 cents......you know what free advice is worth

[baychamp]

Ok if all financial markets go into total collapse, current all time record high gold price is a good value. Let's say that doesn't happen, I
MO gold prices will probably stabilize somewhere quite a bit lower than they are now.

[southern151]

They'll never make any more land. That's what I've always been told.

If they are showing commercials for gold and silver investing, which they are, it's too late. Basically, the pinnacle of it is likely here and some groups will try to press a few more dollars out of it by advertising how great it is so that they can make a few more dollars on it...Just my thoughts, anyway.

[PUREBAY2200]

Gold is old news...... That play was a few years ago.
When the price levels off a lot of people are gonna b angry.

Corey is right, land is always a good buy. But gotta know where to buy.
And if ur playing the rental game..... U need to b very liquid and not need it as a part of your "monthly income". If its not being rented youre not making money.

[PReaux]

"H", I'm with you . . . real estate, ain't no more being made . . . but make sure you pay it off . . .

[simplepeddler]

"W" will be along soon to give you the facts.....everyone on here knows he is the zen master of investing.....

[Montauk17]

Originally Posted by simplepeddler

"w" will be along soon to give you the facts.....everyone on here knows he is the zen master of investing.....

pffffffffffffffffffffff

["W"]

If you bought Gold years ago....You Rich...

Way to high to buy now and Gold can fold just as fast as it rises....I would not touch it unless it feel way down to the mid 90's price

[LPfishnTIM]

gold prices are changing daily from week to week there could be a $200 difference. too risky and right now is the time to sell gold. silver is worth the risk of buying, its cheap and could go up another $5 an oz easily. JMHO! my biggest investment has been lead and copper with a little bit of powder and primer to boost there potential!

["W"]

Never buy anything at its high....1st rule

[PUREBAY2200]

Of someone had bought gold in the mid 90's ....... Boy they are in a nice spot to cash out now.

W's correct.... Buying at a high is just bad investing.

And when they start advertising on tv for you to buy it..... That's a clue.

I got a call from some gold company last week.... I let the guy give me his "explanation" as to why I should buy as much gold as i could..... It was entertaining.

[southern151]

[QUOTE=LPfishnTIM;356565]gold prices are changing daily from week to week there could be a $200 difference. too risky and right now is the time to sell gold. silver is worth the risk of buying, its cheap and could go up another $5 an oz easily. JMHO! my biggest investment has been lead and copper with a little bit of powder and primer to boost there potential![/QUOTE]
Ditto! Those are the precious metals that I'm after these days as well!