Anyone into investing in gold or silver precious metals ?

[basint1]

I'm talking about the physical stuff not the (imo fraudulent) paper market?
Gold currently just under $1200 @ $1195 and silver pushing $19/oz.
Eagles, Maples, Phils, Credit Suisse, etc.
Gold up about $500 since last fall & Silver up over 100% from a year ago.
If you are thinking about it and want it, get it while you can before the Chinese buy up their $80 billion worth they are talking about (that's one whole year's worldwide production of newly mined gold!).

[Gen]

Re: Anyone into investing in gold or silver precious metals ?

no. but good luck.

[halfwaytree]

Re: Anyone into investing in gold or silver precious metals ?

With my luck, if I buy tomorrow, I can guarantee the price will crash 5 minutes after.

So the answer for me is no.

I'm happy with the stocks I bought when the market bottomed out last winter though. A 27% return on my investment in just 8 months. Actually, it's the only thing that ever went my way, investment wise.

[halfwaytree]

Re: Anyone into investing in gold or silver precious metals ?

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">no. but good luck. </div></div>
<span style="font-weight: bold">
Wise!</span>

When things get high, it's not the time to buy. The China thing not certain so better to stay away mi thinks.

[SandiF]

Re: Anyone into investing in gold or silver precious metals ?

US silver dollar coins - Morgans and Peace.
The price of silver has gone up by over 60% due to China's buying power.


<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: J_RockTodd</div><div class="ubbcode-body">I'm talking about the physical stuff not the (imo fraudulent) paper market?
Gold currently just under $1200 @ $1195 and silver pushing $19/oz.
Eagles, Maples, Phils, Credit Suisse, etc.
Gold up about $500 since last fall &amp; Silver up over 100% from a year ago.
If you are thinking about it and want it, get it while you can before the Chinese buy up their $80 billion worth they are talking about (that's one whole year's worldwide production of newly mined gold!). </div></div>

[Gen]

Re: Anyone into investing in gold or silver precious metals ?

yes. the strategy is to buy LOW always



<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Curmudgeon_Milo</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">no. but good luck. </div></div>
<span style="font-weight: bold">
Wise!</span>

When things get high, it's not the time to buy. The China thing not certain so better to stay away mi thinks. </div></div>

[basint1]

Re: Anyone into investing in gold or silver precious metals ?

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Curmudgeon_Milo</div><div class="ubbcode-body"><div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: Gen</div><div class="ubbcode-body">no. but good luck. </div></div>
<span style="font-weight: bold">
Wise!</span>

When things get high, it's not the time to buy. The China thing not certain so better to stay away mi thinks. </div></div>

That's okay -between the push to audit the Fed Reserve, India buying up several billion $$ of Gold from the IMF (with possible intentions of doubling the amount soon),and the many reports of several gold reserve 400 oz bars filled with tungston in Ft Knox, the price can jump easily without the China &quot;hoarding&quot;..

[basint1]

Re: Anyone into investing in gold or silver precious metals ?

Love the &quot;90%&quot; pre '65 silver coinage, along with the Morgans,Peace, and half dollars. On basic (non rare)circulated coinage, for every $14 of spot market price, &quot;face value&quot; 90% coins are = to 10 times that face value.

Does Jamaica have any silver or gold government issued bullion, coins,etc. ?


<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SandiF</div><div class="ubbcode-body">US silver dollar coins - Morgans and Peace.
The price of silver has gone up by over 60% due to China's buying power.


<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: J_RockTodd</div><div class="ubbcode-body">I'm talking about the physical stuff not the (imo fraudulent) paper market?
Gold currently just under $1200 @ $1195 and silver pushing $19/oz.
Eagles, Maples, Phils, Credit Suisse, etc.
Gold up about $500 since last fall &amp; Silver up over 100% from a year ago.
If you are thinking about it and want it, get it while you can before the Chinese buy up their $80 billion worth they are talking about (that's one whole year's worldwide production of newly mined gold!). </div></div> </div></div>

[SandiF]

Re: Anyone into investing in gold or silver precious metals ?

it is just in the past 3 mths i started with the silver dollar collection of uncirculated Morgan and Peace coins. I'm still learning from the knowledge of a friend but what made it easy for me was the fact that I had a box of US silver Morgan dollars at home and some have turned out to be on the rarer side. I've since started buying more and watching the price of silver. Good investment is there no doubt.

Jamaica does not have any silver or gold govt issued bullions or coins.

<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: J_RockTodd</div><div class="ubbcode-body">Love the &quot;90%&quot; pre '65 silver coinage, along with the Morgans,Peace, and half dollars. On basic (non rare)circulated coinage, for every $14 of spot market price, &quot;face value&quot; 90% coins are = to 10 times that face value.

Does Jamaica have any silver or gold government issued bullion, coins,etc. ?


<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: SandiF</div><div class="ubbcode-body">US silver dollar coins - Morgans and Peace.
The price of silver has gone up by over 60% due to China's buying power.


<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: J_RockTodd</div><div class="ubbcode-body">I'm talking about the physical stuff not the (imo fraudulent) paper market?
Gold currently just under $1200 @ $1195 and silver pushing $19/oz.
Eagles, Maples, Phils, Credit Suisse, etc.
Gold up about $500 since last fall &amp; Silver up over 100% from a year ago.
If you are thinking about it and want it, get it while you can before the Chinese buy up their $80 billion worth they are talking about (that's one whole year's worldwide production of newly mined gold!). </div></div> </div></div> </div></div>

[basint1]

Re: Anyone into investing in gold or silver precious metals ?

Those are nice but it's harder to get your money out of them (the premium for rarity) when you go to sell them. Pure .999 rounds or bars with the lowest premium over &quot;spot&quot; price are a better investment. American Silver Eagles are probably going to be the chosen coin, along with Silver oz Maples &amp; Euros. They also can be $2-$4/coin over the spot price.

What they call generic bars/rounds usually have the lowest premium charged.

[SandiF]

Re: Anyone into investing in gold or silver precious metals ?

JRT... wey yu dey! Price of silver going up man.

<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">
Silver prices were smoking hot during the first full week of trading in 2010. For the week, the metal soared 9.6 percent in New York and was fixed 6.7 percent higher in London.
Silver prices in 2009 posted an annual gain in New York of 49 percent, which was the biggest yearly increase since 1979. The percent gain was even larger in London at 57.5 percent. The trend is continuing for at least the first week of this year.</div></div>

http://www.silvercoinstoday.com/silver-prices-surge-in-first-2010-trading-week/101911/

[H_O]

Re: Anyone into investing in gold or silver precious metals ?

ive got some American Gold Eagle coins i bought years ago and another prcious metal to buy is Palladium

[Tony_Royal]

Re: Anyone into investing in gold or silver precious metals

Buying and storing gold is a waste of time! If the government make it illegal to hold gold, you have to turn it over to them. Lets say there is a food shortage. Do you think I am going to trade my valuable food for worthless gold.

[evanovitch]

i am looking for a partner to do bamboo

products...knitting needles and yarns to start wid an branching out to odda tings..can we tawk