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08-12-2008, 07:33 PM
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Hummer Veteran
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Join Date: May 2008
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Re: INFLATION, will buying Gold or Silver be a good idea...
I haven't read any of the responses, so I apologize if this is redundant. Gold has been doing very well for a very long time. However, there appears to be an inverse relationship between (the U.S.) value of the dollar and the price of gold. As the dollar has been strengthening recently, I would steer clear from Gold.
I agree that inflation is horrible right now, and the investment decision short term is seriously constrained. But I tell you what, send me your money and I promise to buy lots of cool things with it. That should increase consumption and help our GDP.
p.s. Playing the FOREX market is an option if you haven't already considered it.
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08-12-2008, 09:49 PM
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Hummer Guru
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Re: INFLATION, will buying Gold or Silver be a good idea...
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Originally Posted by rck0025
I haven't read any of the responses, so I apologize if this is redundant. Gold has been doing very well for a very long time. However, there appears to be an inverse relationship between (the U.S.) value of the dollar and the price of gold. As the dollar has been strengthening recently, I would steer clear from Gold.
I agree that inflation is horrible right now, and the investment decision short term is seriously constrained. But I tell you what, send me your money and I promise to buy lots of cool things with it. That should increase consumption and help our GDP.
p.s. Playing the FOREX market is an option if you haven't already considered it.
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IMO the ONLY was to invest/buy/sell GOLD, Silver & Platinium is to take PHYSICAL POSSESSION of the product...All are down in value now, I feel gold and platinium can possibly drop a lot more so I'm unsure but silver is the ace in the hole...it may or may not drop some but I will be buying (already) and will continue at least to the $20 range...(when I say buy I mean bullion/silver coin) {not numanistic coins}... (buying on paper is to risky: stocks etc)
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08-15-2008, 08:56 PM
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Join Date: Jan 2006
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Re: INFLATION, will buying Gold or Silver be a good idea...
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Originally Posted by RubHer Yellow Ducky
....still holding my silver...
...gonna buy more (silver)
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Down 11% today. |
08-15-2008, 10:26 PM
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Hummer Expert
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Join Date: Nov 2007
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Re: INFLATION, will buying Gold or Silver be a good idea...
Should have invested in me. LOL
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08-16-2008, 12:04 AM
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Hummer Guru
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Re: INFLATION, will buying Gold or Silver be a good idea...
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Originally Posted by Karsun
Should have invested in me. LOL
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Karson on Nasdax 18.50 up .55 8-15-08
YTD up 13%
Confidence is high
A Buy rating on the Elcova Forum
KAR symbol
See/contact RYD for prospectus...
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08-16-2008, 01:01 AM
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Re: INFLATION, will buying Gold or Silver be a good idea...
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Originally Posted by wpage
Karson on Nasdax 18.50 up .55 8-15-08
YTD up 13%
Confidence is high
A Buy rating on the Elcova Forum
KAR symbol
See/contact RYD for prospectus...
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LOL that was cute. 
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08-16-2008, 05:55 AM
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Re: INFLATION, will buying Gold or Silver be a good idea...
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08-16-2008, 03:04 PM
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Hummer Messiah
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Re: INFLATION, will buying Gold or Silver be a good idea...
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Originally Posted by Big Dad
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If she's down, he's up. 
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08-17-2008, 01:40 AM
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Re: INFLATION, will buying Gold or Silver be a good idea...
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Originally Posted by KenP
If she's down, he's up. |
That's what I thought at first....
But then when I was younger I saw this movie, and, well, one girl was upside down and the other was right side up so I was thinking you could technically be down when you're up but uh...you know.
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INFLATION, will buying Gold or Silver be a good idea...
