BuzzyKerbox
New member
This is a good run down of it, although the guys voice is a bit annoying.
http://www.youtube.com/watch?v=e68JdtAQ6Ew
http://www.youtube.com/watch?v=e68JdtAQ6Ew
The federal government is beyond broke and the FED continues to devalue the american dollar. The dollar is destined to become worthless if we continue on this course. Gold and Silver are a great hedge against losing purchasing power. Despite what some people have said here, gold and silver will always be worth something. This is why paper currencies have been tied to it in the past. Sure, you can't eat gold or kill somebody with it, but it still has value.
Just think if you buy two ounces every week, which probably isn't much of a stretch for any of us, and in a matter of months, you'll have a substantial investment that could turn into a ton of $ value if the economy slips into a double-dip recession. If the economy recovers (unlikely), the value of silver will still climb because silver is an industrial metal used for everything from electromagnets to bus bars for factories around the world. It's in computers, satellites, electrical components in cars, the airbag sensors, ect. So even if the economy rebounds, it will still be in high demand for use in different industries.
I had to chuckle at this post. You're implying that most who read this forum have $4,000 a week disposable income to drop on 2 oz gold? Interesting. I must be the only poor mofo on here then.
MONEY IS THE ROOT OF ALL EVIL AND IT CORRUPTS WHOEVER HAS IT.BEFORE YOU KNEW WHAT MONEY WAS YOU WERE NOT GREEDY AFTER YOU HAD A TASTE YOU WANTED MORE THIS IS GREED MANIFESTING IN YOUR HEART,IF YOU HAVE LOTS OF EXTRA MONEY I HAVE A GREAT IDEA GIVE TO THE POOR YOU WILL SURELY BE REWARDED!
I'm not sure if this is the right place but I've recently been investing in gold and silver and wonder if anyone else here does. I like it because it's the only way I know to invest money without any papertrail whatsoever. I can walk into any pawn shop/coin dealer, pay cash for it and walk out without even showing an id. Anyone else do this? Seems like a good idea if you have a safe or a really good hiding place.
There are some misleading posts in this thread. I have no problem getting spot for my coins. I do however, have to pay around 3 to 4% over spot to purchase them.
.../quote]
i did throw a number out there, more to get some feedback
from the coin/silver sites i've seen, discount on spot seems to be the norm for selling your silver
any other silver buyers/sellers got some hard numbers?
MONEY IS THE ROOT OF ALL EVIL AND IT CORRUPTS WHOEVER HAS IT.BEFORE YOU KNEW WHAT MONEY WAS YOU WERE NOT GREEDY AFTER YOU HAD A TASTE YOU WANTED MORE THIS IS GREED MANIFESTING IN YOUR HEART,IF YOU HAVE LOTS OF EXTRA MONEY I HAVE A GREAT IDEA GIVE TO THE POOR YOU WILL SURELY BE REWARDED!