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02-07-2012, 01:45 PM
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Senior Member
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Join Date: Dec 2011
Location: East Coast
Posts: 664
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How many of you have diversified in Gold and Silver or Platinum ?
With the "experts" calling for a 30% increase in Gold this year, how many here have diversified their holdings into Platinum, Gold or Silver ?
Bill
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Osama Bin Laden is in Chicago wearing a hoodie. And General Motors is dying.
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02-07-2012, 01:59 PM
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Senior Member
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Join Date: May 2009
Location: Scotland
Posts: 658
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Quote:
Originally Posted by Big_Bill
With the "experts" calling for a 30% increase in Gold this year, how many here have diversified their holdings into Platinum, Gold or Silver ?
Bill
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How many of us can afford to diversify into Platinum, Gold or Silver? I don't know about the other two but gold is subject to high variations in its market value. If the 30% increase predicted over 10 months is realistic and you know what you're doing and importantly, keep it accessible for sale at short notice you might get a decent profit (if you describe that kind of greed as decent) but the moment anyone sells in large volume, it's likely others will also try to sell.
Market value drops fast and again if you get the timing right, you buy cheap and the whole rotten cycle starts again. Business as usual. Make lots of money while producing fuck all.
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02-07-2012, 02:03 PM
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Loyal Opposition
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Join Date: Oct 2009
Location: Johnson County, Kansas
Posts: 14,401
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I've diversified my holdings into vinyl, cassette, and CD. I also have a portfolio of various solid state receivers - 70's vintage - as well as a few turntables, cassette decks and CD players. Probably over-invested in speakers. Have just a few blue chips - Nakamichi; Acoustic Research & Infinity.
Regards,
D-Ray
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Then I'll get on my knees and pray,
We won't get fooled again; Don't get fooled again
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02-07-2012, 02:36 PM
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AKA Sister Mary JJ
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Join Date: May 2009
Location: Upper East Tennessee
Posts: 5,897
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Quote:
Originally Posted by d-ray657
I've diversified my holdings into vinyl, cassette, and CD. I also have a portfolio of various solid state receivers - 70's vintage - as well as a few turntables, cassette decks and CD players. Probably over-invested in speakers. Have just a few blue chips - Nakamichi; Acoustic Research & Infinity.
Regards,
D-Ray
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There is your problem! You need blue meters!
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"Get your facts first, and then you can distort them as much as you please." (Mark Twain)
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02-07-2012, 05:04 PM
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Senior Member
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Join Date: Nov 2009
Location: colorado
Posts: 1,595
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My dentist recently put in a gold crown, does that count?
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Instead of a debate, how about a discussion? I want to learn, I don't care about winning.
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02-07-2012, 05:37 PM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 25,909
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Quote:
Originally Posted by JCricket
My dentist recently put in a gold crown, does that count?
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I just cracked a crown and had it replaced. Along with an old gold crown that was removed years ago, I got $50 for both old crowns from a place that buys gold.
As for precious metals in my portfolio, some of my mutual funds may have it. Who knows?
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As long as the roots are not severed, all will be well in the garden.
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02-07-2012, 05:50 PM
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Senior Member
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Join Date: Dec 2011
Location: East Coast
Posts: 664
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Quote:
Originally Posted by finnbow
I just cracked a crown and had it replaced. Along with an old gold crown that was removed years ago, I got $50 for both old crowns from a place that buys gold.
As for precious metals in my portfolio, some of my mutual funds may have it. Who knows?
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Mr. finnbow,
You should have held on to those crowns, they may be worth a lot more by years end.
Bill
__________________
Osama Bin Laden is in Chicago wearing a hoodie. And General Motors is dying.
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02-07-2012, 05:57 PM
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Senior Member
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Join Date: Dec 2010
Location: Willamette Valley
Posts: 3,027
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Problem with investing in gold, platinum or silver is unless you actually physically have it in your hands then you have nothing.
__________________
"if men got pregnant, there would be a constitutional right to abortion on demand."
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02-07-2012, 06:11 PM
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Abby Normal
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Join Date: May 2009
Posts: 11,245
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Quote:
Originally Posted by JJIII
There is your problem! You need blue meters!
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yep
what blue meters do you have JJ?
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02-07-2012, 06:12 PM
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Abby Normal
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Join Date: May 2009
Posts: 11,245
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Quote:
Originally Posted by Big_Bill
With the "experts" calling for a 30% increase in Gold this year, how many here have diversified their holdings into Platinum, Gold or Silver ?
Bill
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I had gold and silver during the 80's.
Never again.
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