Gold & Silver prices

Incantation said:
Don't know shit about Bitcoins, but involved in selling gold. It has shown consistent growth over the years and it was good to see its value recently take over platinum and rhodium, but it's a concern that it had its highest value day back on the 6th of September and it hasn't been able to catch up. It's looking good at the moment, but can see it going tits up again later in the year. Wouldn't be too reliant on it as an investment opportunity atm.
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Gold and silver are not really investments in the sense of making profit. They are hedges against inflation at best. I do hold a small amount of each just for said hedge.

However as far as commodity trading goes for a decent return I invest in oil binaries. With all the talk about Israel possibly taking out Iran, oil will be the one to be in.
 


craigmc said:
Gold and silver are not really investments in the sense of making profit. They are hedges against inflation at best. I do hold a small amount of each just for said hedge.

However as far as commodity trading goes for a decent return I invest in oil binaries. With all the talk about Israel possibly taking out Iran, oil will be the one to be in.
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Won't oil be running out soon? The precious metals will continue to be recycled.

Fuck Earth anyway, mining asteroids is where it's at...
BBC News | Sci/Tech | Gold rush in space?
 
good resources for gold news/research:

King World News Broadcast

Gold and Silver Industry | GoldSilver.com

i keep about 20% of my net worth in gold and i sleep a lot better because of it. a good strategy is to either buy the dips (when despair is high and all the MSM is shouting about the gold bubble bursting (again)) or do what i do, buy some bars/coins every month to average out the spikes/dips

i would say the gold market will continue to perform while the economy is like it is (negative real interst rates).

as my wife says "we'll stop buying when china does.."
 
i'm not an investor per se, but if i was the buy and hold type who didn't know better, i'd buy gold at about $250/oz.
 
Buy high / sell low. That's what I think about today's gold price. If we ever fully recover from the economic housing collapse, the price will drop.
 
I pick up a few of these each month when I wire over some of my vast affiliate earnings
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Holding physical gold offshore FTW.
 
itchy said:
good resources for gold news/research:

King World News Broadcast

Gold and Silver Industry | GoldSilver.com

i keep about 20% of my net worth in gold and i sleep a lot better because of it. a good strategy is to either buy the dips (when despair is high and all the MSM is shouting about the gold bubble bursting (again)) or do what i do, buy some bars/coins every month to average out the spikes/dips

i would say the gold market will continue to perform while the economy is like it is (negative real interst rates).

as my wife says "we'll stop buying when china does.."
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That's typically how I buy , but i also came up with a strategy that allows me in some cases to buy well under spot. Between this strategy and buying dips I've managed to build my silver portfolio for only around $20/oz. I'm going to liquidate some at a auction here shortly which will drop that figure down to around $5/oz.
 
^Too late. Already started. ;)

@mark: Is there an equivalent of APMEX there that makes it easy for you to get it direct from the thai mint? (And sell it back?)
 
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