[LFQ-8] What should I do if I want to invest in gold?

Board 8 > What should I do if I want to invest in gold?

Topic List	Page List: 1
Ace_Killjoy 03/15/12 9:16:00 PM #1:	Asking Board 8 for advice on gold -- Proud member of the Global Defence Force. http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png <cite>Ace_Killjoy posted [p:912593] in What shoul... [t:62259497]...</cite> <quote> Asking Board 8 for advice on gold -- Proud member of the Global Defence Force.http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png </quote> ... Copied to Clipboard!
SmartMuffin 03/15/12 9:16:00 PM #2:	Depends on what you want it for. SHTF insurance, or to make a quick buck? -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/ <cite>SmartMuffin posted [p:912594] in What shoul... [t:62259497]...</cite> <quote> Depends on what you want it for. SHTF insurance, or to make a quick buck? -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/ </quote> ... Copied to Clipboard!
Pacmantis 03/15/12 9:17:00 PM #3:	Buy a bunch of gold -- Muglekoopo14 Wakka wakka wakka consumes you <cite>Pacmantis posted [p:912595] in What shoul... [t:62259497]...</cite> <quote> Buy a bunch of gold -- Muglekoopo14Wakka wakka wakka consumes you </quote> ... Copied to Clipboard!
Ace_Killjoy 03/15/12 9:18:00 PM #4:	I'll be honest. I'm kind of paranoid that my bank is going to find some way to backstab me. I was thinking of taking my ca$h and investing in gold (more for savings purposes, I suppose). -- Proud member of the Global Defence Force. http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png <cite>Ace_Killjoy posted [p:912596] in What shoul... [t:62259497]...</cite> <quote> I'll be honest. I'm kind of paranoid that my bank is going to find some way to backstab me. I was thinking of taking my ca$h and investing in gold (more for savings purposes, I suppose). -- Proud member of the Global Defence Force.http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png </quote> ... Copied to Clipboard!
SmartMuffin 03/15/12 9:19:00 PM #5:	Well, if you're paranoid about the banking industry, you pretty much have to buy physical coins. Those aren't very liquid though, and you'll have to pay decent markups on both ends of the transaction. -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/ <cite>SmartMuffin posted [p:912597] in What shoul... [t:62259497]...</cite> <quote> Well, if you're paranoid about the banking industry, you pretty much have to buy physical coins. Those aren't very liquid though, and you'll have to pay decent markups on both ends of the transaction. -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/ </quote> ... Copied to Clipboard!
Ace_Killjoy 03/15/12 9:20:00 PM #6:	I read some article advising people to buy North American gold coins (like the Canadian Maple Leaf and the American Eagle or Buffalo). I like coins any, so I started thinking more about it. Does this advice hold any weight? -- Proud member of the Global Defence Force. http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png <cite>Ace_Killjoy posted [p:912598] in What shoul... [t:62259497]...</cite> <quote> I read some article advising people to buy North American gold coins (like the Canadian Maple Leaf and the American Eagle or Buffalo).I like coins any, so I started thinking more about it. Does this advice hold any weight? -- Proud member of the Global Defence Force.http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png </quote> ... Copied to Clipboard!
SmartMuffin 03/15/12 9:28:00 PM #7:	From: Ace_Killjoy \| #006 I read some article advising people to buy North American gold coins (like the Canadian Maple Leaf and the American Eagle or Buffalo). I like coins any, so I started thinking more about it. Does this advice hold any weight? North American coins are probably the MOST liquid because they're standard and recognizable and trusted. That also of course means the markup is slightly higher than buying foreign coins or rounds or bars that are minted privately. My only physical holdings are a small amount of US Silver Eagle 1 oz coins. -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/ <cite>SmartMuffin posted [p:912599] in What shoul... [t:62259497]...</cite> <quote> From: Ace_Killjoy \| #006I read some article advising people to buy North American gold coins (like the Canadian Maple Leaf and the American Eagle or Buffalo).I like coins any, so I started thinking more about it. Does this advice hold any weight?North American coins are probably the MOST liquid because they're standard and recognizable and trusted. That also of course means the markup is slightly higher than buying foreign coins or rounds or bars that are minted privately. My only physical holdings are a small amount of US Silver Eagle 1 oz coins. -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/ </quote> ... Copied to Clipboard!
gotspork 03/15/12 9:30:00 PM #8:	get in on it a few years ago when it was cheaper; then, your investment will be worth more today -- mreow! spork for president - metroid composite <cite>gotspork posted [p:912600] in What shoul... [t:62259497]...</cite> <quote> get in on it a few years ago when it was cheaper; then, your investment will be worth more today -- mreow!spork for president - metroid composite </quote> ... Copied to Clipboard!
Ace_Killjoy 03/15/12 9:33:00 PM #9:	What does "liquid" mean, in this context? (I'm kind of economically illiterate.) -- Proud member of the Global Defence Force. http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png <cite>Ace_Killjoy posted [p:912601] in What shoul... [t:62259497]...</cite> <quote> What does "liquid" mean, in this context? (I'm kind of economically illiterate.) -- Proud member of the Global Defence Force.http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png </quote> ... Copied to Clipboard!
SmartMuffin 03/15/12 9:35:00 PM #10:	From: Ace_Killjoy \| #009 What does "liquid" mean, in this context? (I'm kind of economically illiterate.) It means "easy to exchange" Like, the US dollar is the most liquid asset current in existence today. You can easily exchange it for anything. A herd of sheep, on the other hand, is very illiquid. It will be difficult to find someone who is willing to accept your sheep for close to their market value. -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/ <cite>SmartMuffin posted [p:912602] in What shoul... [t:62259497]...</cite> <quote> From: Ace_Killjoy \| #009What does "liquid" mean, in this context? (I'm kind of economically illiterate.)It means "easy to exchange"Like, the US dollar is the most liquid asset current in existence today. You can easily exchange it for anything. A herd of sheep, on the other hand, is very illiquid. It will be difficult to find someone who is willing to accept your sheep for close to their market value. -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/ </quote> ... Copied to Clipboard!
SHINE GET 64 03/15/12 9:37:00 PM #11:	Easy to Exchange Snake -- http://i.imgur.com/4KfnE.png http://card.psnprofiles.com/1/CaptainRockman.png <cite>SHINE GET 64 posted [p:912603] in What shoul... [t:62259497]...</cite> <quote> Easy to Exchange Snake -- http://i.imgur.com/4KfnE.pnghttp://card.psnprofiles.com/1/CaptainRockman.png </quote> ... Copied to Clipboard!
Revenus 03/15/12 9:38:00 PM #12:	You don't. Gold will crash as hard as the housing market in the near future -- What is this?!? A Center for Ants!? <cite>Revenus posted [p:912604] in What shoul... [t:62259497]...</cite> <quote> You don't. Gold will crash as hard as the housing market in the near future -- What is this?!?A Center for Ants!? </quote> ... Copied to Clipboard!
SmartMuffin 03/15/12 9:39:00 PM #13:	From: Revenus \| #012 You don't. Gold will crash as hard as the housing market in the near future If it did, I'd still be up about 30%. -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg http://dudewheresmyfreedom.com/ <cite>SmartMuffin posted [p:912605] in What shoul... [t:62259497]...</cite> <quote> From: Revenus \| #012You don't. Gold will crash as hard as the housing market in the near futureIf it did, I'd still be up about 30%. -- SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/ </quote> ... Copied to Clipboard!
Revenus 03/15/12 9:45:00 PM #14:	You know why it's so inflated now? The fed tried to reinfalte the housing bubbles and all that did was inflate hard assets. Stupid Bernanke -- What is this?!? A Center for Ants!? <cite>Revenus posted [p:912606] in What shoul... [t:62259497]...</cite> <quote> You know why it's so inflated now? The fed tried to reinfalte the housing bubbles and all that did was inflate hard assets. Stupid Bernanke -- What is this?!?A Center for Ants!? </quote> ... Copied to Clipboard!
gotspork 03/15/12 9:46:00 PM #15:	not if he starts investing now! that's my point. it's too late. -- mreow! spork for president - metroid composite <cite>gotspork posted [p:912607] in What shoul... [t:62259497]...</cite> <quote> not if he starts investing now! that's my point. it's too late. -- mreow!spork for president - metroid composite </quote> ... Copied to Clipboard!
Ace_Killjoy 03/15/12 9:46:00 PM #16:	Sooooo.... how does it compare to silver, then? -- Proud member of the Global Defence Force. http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png <cite>Ace_Killjoy posted [p:912608] in What shoul... [t:62259497]...</cite> <quote> Sooooo.... how does it compare to silver, then? -- Proud member of the Global Defence Force.http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png </quote> ... Copied to Clipboard!
Topic List	Page List: 1

Page List: 1

Ace_Killjoy
03/15/12 9:16:00 PM
#1:

*Asking Board 8 for advice on gold*

--
Proud member of the Global Defence Force.
http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png

<cite>Ace_Killjoy posted [p:912593] in What shoul... [t:62259497]...</cite>
<quote>
        *Asking Board 8 for advice on gold*
        
            --
            Proud member of the Global Defence Force.http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png

        
    
    
    </quote>

... Copied to Clipboard!

SmartMuffin
03/15/12 9:16:00 PM
#2:

Depends on what you want it for. SHTF insurance, or to make a quick buck?

--
SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg
http://dudewheresmyfreedom.com/

<cite>SmartMuffin posted [p:912594] in What shoul... [t:62259497]...</cite>
<quote>
        Depends on what you want it for.  SHTF insurance, or to make a quick buck?
        
            --
            SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/

        
    
    
    </quote>

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Pacmantis
03/15/12 9:17:00 PM
#3:

Buy a bunch of gold

--
Muglekoopo14
Wakka wakka wakka *consumes you*

<cite>Pacmantis posted [p:912595] in What shoul... [t:62259497]...</cite>
<quote>
        Buy a bunch of gold
        
            --
            Muglekoopo14Wakka wakka wakka *consumes you*

        
    
    
    </quote>

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Ace_Killjoy
03/15/12 9:18:00 PM
#4:

I'll be honest. I'm kind of paranoid that my bank is going to find some way to backstab me. I was thinking of taking my ca$h and investing in gold (more for savings purposes, I suppose).

--
Proud member of the Global Defence Force.
http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png

<cite>Ace_Killjoy posted [p:912596] in What shoul... [t:62259497]...</cite>
<quote>
        I'll be honest. I'm kind of paranoid that my bank is going to find some way to backstab me. I was thinking of taking my ca$h and investing in gold (more for savings purposes, I suppose).
        
            --
            Proud member of the Global Defence Force.http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png

        
    
    
    </quote>

... Copied to Clipboard!

SmartMuffin
03/15/12 9:19:00 PM
#5:

Well, if you're paranoid about the banking industry, you pretty much have to buy physical coins. Those aren't very liquid though, and you'll have to pay decent markups on both ends of the transaction.

--
SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg
http://dudewheresmyfreedom.com/

<cite>SmartMuffin posted [p:912597] in What shoul... [t:62259497]...</cite>
<quote>
        Well, if you're paranoid about the banking industry, you pretty much have to buy physical coins.  Those aren't very liquid though, and you'll have to pay decent markups on both ends of the transaction.
        
            --
            SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/

        
    
    
    </quote>

... Copied to Clipboard!

Ace_Killjoy
03/15/12 9:20:00 PM
#6:

I read some article advising people to buy North American gold coins (like the Canadian Maple Leaf and the American Eagle or Buffalo).

I like coins any, so I started thinking more about it. Does this advice hold any weight?

--
Proud member of the Global Defence Force.
http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png

<cite>Ace_Killjoy posted [p:912598] in What shoul... [t:62259497]...</cite>
<quote>
        I read some article advising people to buy North American gold coins (like the Canadian Maple Leaf and the American Eagle or Buffalo).I like coins any, so I started thinking more about it. Does this advice hold any weight?
        
            --
            Proud member of the Global Defence Force.http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png

        
    
    
    </quote>

... Copied to Clipboard!

SmartMuffin
03/15/12 9:28:00 PM
#7:

From: Ace_Killjoy | #006
I read some article advising people to buy North American gold coins (like the Canadian Maple Leaf and the American Eagle or Buffalo).

I like coins any, so I started thinking more about it. Does this advice hold any weight?

North American coins are probably the MOST liquid because they're standard and recognizable and trusted. That also of course means the markup is slightly higher than buying foreign coins or rounds or bars that are minted privately.

My only physical holdings are a small amount of US Silver Eagle 1 oz coins.

--
SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg
http://dudewheresmyfreedom.com/

<cite>SmartMuffin posted [p:912599] in What shoul... [t:62259497]...</cite>
<quote>
        From: Ace_Killjoy | #006I read some article advising people to buy North American gold coins (like the Canadian Maple Leaf and the American Eagle or Buffalo).I like coins any, so I started thinking more about it. Does this advice hold any weight?North American coins are probably the MOST liquid because they're standard and recognizable and trusted.  That also of course means the markup is slightly higher than buying foreign coins or rounds or bars that are minted privately. My only physical holdings are a small amount of US Silver Eagle 1 oz coins.
        
            --
            SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/

        
    
    
    </quote>

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gotspork
03/15/12 9:30:00 PM
#8:

get in on it a few years ago when it was cheaper; then, your investment will be worth more today

--
mreow!
spork for president - metroid composite

<cite>gotspork posted [p:912600] in What shoul... [t:62259497]...</cite>
<quote>
        get in on it a few years ago when it was cheaper; then, your investment will be worth more today
        
            --
            mreow!spork for president - metroid composite

        
    
    
    </quote>

... Copied to Clipboard!

Ace_Killjoy
03/15/12 9:33:00 PM
#9:

What does "liquid" mean, in this context? (I'm kind of economically illiterate.)

--
Proud member of the Global Defence Force.
http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png

<cite>Ace_Killjoy posted [p:912601] in What shoul... [t:62259497]...</cite>
<quote>
        What does "liquid" mean, in this context? (I'm kind of economically illiterate.)
        
            --
            Proud member of the Global Defence Force.http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png

        
    
    
    </quote>

... Copied to Clipboard!

SmartMuffin
03/15/12 9:35:00 PM
#10:

From: Ace_Killjoy | #009
What does "liquid" mean, in this context? (I'm kind of economically illiterate.)

It means "easy to exchange"

Like, the US dollar is the most liquid asset current in existence today. You can easily exchange it for anything. A herd of sheep, on the other hand, is very illiquid. It will be difficult to find someone who is willing to accept your sheep for close to their market value.

--
SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg
http://dudewheresmyfreedom.com/

<cite>SmartMuffin posted [p:912602] in What shoul... [t:62259497]...</cite>
<quote>
        From: Ace_Killjoy | #009What does "liquid" mean, in this context? (I'm kind of economically illiterate.)It means "easy to exchange"Like, the US dollar is the most liquid asset current in existence today.  You can easily exchange it for anything.  A herd of sheep, on the other hand, is very illiquid.  It will be difficult to find someone who is willing to accept your sheep for close to their market value.
        
            --
            SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/

        
    
    
    </quote>

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SHINE GET 64
03/15/12 9:37:00 PM
#11:

Easy to Exchange Snake

--
http://i.imgur.com/4KfnE.png
http://card.psnprofiles.com/1/CaptainRockman.png

<cite>SHINE GET 64 posted [p:912603] in What shoul... [t:62259497]...</cite>
<quote>
        Easy to Exchange Snake
        
            --
            http://i.imgur.com/4KfnE.pnghttp://card.psnprofiles.com/1/CaptainRockman.png

        
    
    
    </quote>

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Revenus
03/15/12 9:38:00 PM
#12:

You don't. Gold will crash as hard as the housing market in the near future

--
What is this?!?
A Center for Ants!?

<cite>Revenus posted [p:912604] in What shoul... [t:62259497]...</cite>
<quote>
        You don't.  Gold will crash as hard as the housing market in the near future
        
            --
            What is this?!?A Center for Ants!?

        
    
    
    </quote>

... Copied to Clipboard!

SmartMuffin
03/15/12 9:39:00 PM
#13:

From: Revenus | #012
You don't. Gold will crash as hard as the housing market in the near future

If it did, I'd still be up about 30%.

--
SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpg
http://dudewheresmyfreedom.com/

<cite>SmartMuffin posted [p:912605] in What shoul... [t:62259497]...</cite>
<quote>
        From: Revenus | #012You don't.  Gold will crash as hard as the housing market in the near futureIf it did, I'd still be up about 30%.
        
            --
            SmartMuffin - Because anything less would be uncivilized - http://img.imgcake.com/smartmuffin/barkleyjpgde.jpghttp://dudewheresmyfreedom.com/

        
    
    
    </quote>

... Copied to Clipboard!

Revenus
03/15/12 9:45:00 PM
#14:

You know why it's so inflated now? The fed tried to reinfalte the housing bubbles and all that did was inflate hard assets. Stupid Bernanke

--
What is this?!?
A Center for Ants!?

<cite>Revenus posted [p:912606] in What shoul... [t:62259497]...</cite>
<quote>
        You know why it's so inflated now?  The fed tried to reinfalte the housing bubbles and all that did was inflate hard assets.  Stupid Bernanke
        
            --
            What is this?!?A Center for Ants!?

        
    
    
    </quote>

... Copied to Clipboard!

gotspork
03/15/12 9:46:00 PM
#15:

not if he starts investing now! that's my point. it's too late.

--
mreow!
spork for president - metroid composite

<cite>gotspork posted [p:912607] in What shoul... [t:62259497]...</cite>
<quote>
        not if he starts investing now!  that's my point.  it's too late.
        
            --
            mreow!spork for president - metroid composite

        
    
    
    </quote>

... Copied to Clipboard!

Ace_Killjoy
03/15/12 9:46:00 PM
#16:

Sooooo.... how does it compare to silver, then?

--
Proud member of the Global Defence Force.
http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png

<cite>Ace_Killjoy posted [p:912608] in What shoul... [t:62259497]...</cite>
<quote>
        Sooooo.... how does it compare to silver, then?
        
            --
            Proud member of the Global Defence Force.http://img.imgcake.com/AlecTrevylan006/AceKilljoyShieldpngyp.png

        
    
    



</quote>

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Board 8 > What should I do if I want to invest in gold? (+) Yeah! (+)

Board 8 > What should I do if I want to invest in gold?