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Reply to topic  [ 13 posts ] 
 Gold and Platinum 
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One-Eyed Elder, Senior Admin
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Joined: Wed Oct 31, 2007 11:00 pm
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Location: Gardendale, Texas
Post Gold and Platinum
They're almost the same price right now. It's a very interesting time in precious metals. Gold shoud have never been above Platinum, these are crazy times! Some people are predicting that gold will hike all the way up to $2k/ounce...that's nuts.

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Mon Aug 08, 2011 4:34 pm
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Joined: Sun Jan 30, 2011 1:21 pm
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Post Re: Gold and Platinum
Damn I smell a gold rush let's all go to Alaska and go mining


Mon Aug 08, 2011 4:36 pm
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Spammer Hopeful
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Joined: Sun Mar 20, 2011 8:16 pm
Posts: 393
Post Re: Gold and Platinum
I got in on Gold back in 2003 and ohhhhh boy am I loving it now :) $$$$

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Mon Aug 08, 2011 5:07 pm
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Not Worthy of [n00b]
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Joined: Tue Apr 06, 2010 4:17 am
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Location: California
Post Re: Gold and Platinum
If any of you Southerners, Midwesterners, or Yankees come to my golden state to leech Ill shoot you all down!

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Mon Aug 08, 2011 5:42 pm
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Post Re: Gold and Platinum
If you do have gold, hang on to it. If shit hits the fan, it's the only real investment that will last long term.

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Mon Aug 08, 2011 6:24 pm
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Joined: Wed Jul 23, 2008 11:00 pm
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Post Re: Gold and Platinum
I'd still invest in silver before anything else.

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Mon Aug 08, 2011 7:12 pm
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Joined: Fri Sep 30, 2005 11:00 pm
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Location: Rogers, AR
Post Re: Gold and Platinum
ive decided to get out of the stock market/financial investing game. I'm just going to start investing in guns and ammo for when the world goes to hell and I have to fight off all you assholes from stealing my toilet paper Yellow_Flash_Colorz_PDT_11

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Tue Aug 09, 2011 8:35 am
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Post Re: Gold and Platinum
SirDanforth wrote:
If you do have gold, hang on to it. If shit hits the fan, it's the only real investment that will last long term.


But if shit really hits the fan you really think people will be using gold for a denomination? I would think commodities like gasoline, water, food would be used first before gold.

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Tue Aug 09, 2011 9:12 am
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Post Re: Gold and Platinum
.:SenSui:. wrote:
SirDanforth wrote:
If you do have gold, hang on to it. If shit hits the fan, it's the only real investment that will last long term.


But if shit really hits the fan you really think people will be using gold for a denomination? I would think commodities like gasoline, water, food would be used first before gold.


It depends on how far we are going to drop. If we are facing a total collapse of modern society, gas water and food will be the stuff to have. However, as long as there's a market and a governments, someone will still want gold.


Tue Aug 09, 2011 12:45 pm
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Post Re: Gold and Platinum
Gold has been the de facto standard for currency, along with silver, for a very very long time. For one thing, it's finite and much more easily controlled than fiat currency. Fiat currency by design creates the sort of issues that have caused the price of gold to be on par with platinum due to its traditionally held place in the money market.

Silver is a much more stable investment with regard to market fluctuations, but gold has generally been the higher value choice, assuming you want to buy a LOT of it. As far as food, gas and other necessities of life - the better bet would be to re-nationalize and localize the priority of having family farms and putting as much of our economy back into the local markets, and to encourage barter between neighbors of surplus goods.

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Tue Aug 09, 2011 5:15 pm
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Joined: Sat Mar 20, 2010 3:02 pm
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Post Re: Gold and Platinum
Kwang! wrote:
Gold has been the de facto standard for currency, along with silver, for a very very long time. For one thing, it's finite and much more easily controlled than fiat currency. Fiat currency by design creates the sort of issues that have caused the price of gold to be on par with platinum due to its traditionally held place in the money market.

Silver is a much more stable investment with regard to market fluctuations, but gold has generally been the higher value choice, assuming you want to buy a LOT of it. As far as food, gas and other necessities of life - the better bet would be to re-nationalize and localize the priority of having family farms and putting as much of our economy back into the local markets, and to encourage barter between neighbors of surplus goods.

^^What he says^^

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Sat Aug 13, 2011 8:06 pm
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Post Re: Gold and Platinum
MILLIOM DOLLAR IDEA!!!!!!!!!!!!!!!!!!!!!!!!!!!!! ok we need to have a n00bfest trip go to somewhere with ALOT of gold. TAKE the gold. KEEP it for 1 year and SELL IT for lots of money :) cause n00bfest gold is the best gold

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Sat Aug 13, 2011 9:00 pm
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Post Re: Gold and Platinum
just wait, silver will have its day

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Sat Aug 13, 2011 10:52 pm
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