 |
|
08-12-2008, 07:33 PM
|
|
Hummer Veteran
|
|
Join Date: May 2008
Posts: 74
|
|
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.
|
08-12-2008, 09:49 PM
|
 |
Hummer Guru
|
|
Join Date: Dec 2005
Location: In a FREE U.S.A. where Marxism, Socialism & Communism is not allowed !
Posts: 5,485
|
|
Re: INFLATION, will buying Gold or Silver be a good idea...
Quote:
|
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.
|
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)
__________________
REMEMBER
History, be it in 1 Year, 10 Years, a Hundred Years or One Thousand, will show that those people who voted for John McCain in the United States Presidental Election of 2008 were true patriots...
|
08-15-2008, 08:56 PM
|
 |
Hummer Guru
|
|
Join Date: Jan 2006
Location: Fairfax, VA
Posts: 2,061
|
|
Re: INFLATION, will buying Gold or Silver be a good idea...
Quote:
|
Originally Posted by RubHer Yellow Ducky
....still holding my silver...
...gonna buy more (silver)
|
Down 11% today. |
08-15-2008, 10:26 PM
|
 |
Hummer Expert
|
|
Join Date: Nov 2007
Location: Panama City, FL
Posts: 982
|
|
Re: INFLATION, will buying Gold or Silver be a good idea...
Should have invested in me. LOL
__________________
Yellow2003 Luxury, 2 inch lift with Helo Maxx8 20X10 Rims, Toyo AT Open Country LT325//60//R20 tires,black tublar steps,taillight and brush guards,8500k Bi Xenon Bulbs, KC Lights, Recon Smoked roof lights
Karsun Designs
Karsun's World
|
08-16-2008, 12:04 AM
|
 |
Hummer Guru
|
|
Join Date: Jul 2006
Location: Stouts Creek
Posts: 4,192
|
|
Re: INFLATION, will buying Gold or Silver be a good idea...
Quote:
|
Originally Posted by Karsun
Should have invested in me. LOL
|
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...
__________________
"For God so loved the world he gave his only son that whoever believe in him would not perish but have everlasting life. "
(John 3:16)
2006 H3 Slate Blue,Header,Jacked,CAI,Toyo35's,HHO.
Priors...
Explorer
Commander
71 Vette
You Name it!
|
08-16-2008, 01:01 AM
|
|
Hummer Expert
|
|
Join Date: Nov 2007
Location: Panama City, FL
Posts: 982
|
|
Re: INFLATION, will buying Gold or Silver be a good idea...
Quote:
|
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...
|
LOL that was cute. 
__________________
Yellow2003 Luxury, 2 inch lift with Helo Maxx8 20X10 Rims, Toyo AT Open Country LT325//60//R20 tires,black tublar steps,taillight and brush guards,8500k Bi Xenon Bulbs, KC Lights, Recon Smoked roof lights
Karsun Designs
Karsun's World
|
08-16-2008, 05:55 AM
|
 |
Hummer Guru
|
|
Join Date: Sep 2007
Location: In my prime....
Posts: 2,549
|
|
Re: INFLATION, will buying Gold or Silver be a good idea...
__________________
Alaska...If it's brown it's down!
|
08-16-2008, 03:04 PM
|
 |
Hummer Messiah
|
|
Join Date: Apr 2003
Location: Virginia Beach
Posts: 37,474
|
|
Re: INFLATION, will buying Gold or Silver be a good idea...
Quote:
|
Originally Posted by Big Dad
|
If she's down, he's up. 
__________________
"My reading of history convinces me that most bad government results from too much government."---Thomas Jefferson
|
08-17-2008, 01:40 AM
|
|
Hummer Guru
|
|
Join Date: Sep 2007
Location: In my prime....
Posts: 2,549
|
|
Re: INFLATION, will buying Gold or Silver be a good idea...
Quote:
|
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.
__________________
Alaska...If it's brown it's down!
|
| Thread Tools |
Search this Thread |
|
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT +1. The time now is 04:41 AM.
|
INFLATION, will buying Gold or Silver be a good idea...
