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-   -   Who has physical gold and silver coins and bars? (https://gfy.com/showthread.php?t=877913)

mineistaken 03-05-2013 02:57 PM

Quote:

Originally Posted by facialfreak (Post 19513226)

I also have an 18K yellow gold heavy Figaro link chain, and a 7.5" 18K white gold heavy Figaro link bracelet.

Physical precious metals is one of the best investments one can make outside of commodities - which would require you to have huge warehouses to store enough to be profitable.

interesting about jewelry. Its not typical investment in metal price as only part of the value is the weight of the chain. Would you say its better than gold bars?

slapass 03-05-2013 04:03 PM

I am short gold so sort of hoping you guys all sell and buy stock.

mineistaken 03-05-2013 04:28 PM

http://www.ebay.com/itm/1oz-TROY-OUN...em257b69 4428 1 oz gold coin, whats up with the price?

or this:
http://www.ebay.com/itm/1997-5oz-TRO...60984129532%26
isn't that the price of 1 oz and its 5 oz there

greg80 03-05-2013 05:56 PM

Quote:

Originally Posted by mineistaken (Post 19513376)
http://www.ebay.com/itm/1oz-TROY-OUN...em257b69 4428 1 oz gold coin, whats up with the price?

or this:
http://www.ebay.com/itm/1997-5oz-TRO...60984129532%26
isn't that the price of 1 oz and its 5 oz there

This is not real gold or real silver. It is CLAD, means that it is only laid with gold/silver on the ouside. This is WORTHLESS.

mineistaken 03-05-2013 06:22 PM

Quote:

Originally Posted by greg80 (Post 19513493)
This is not real gold or real silver. It is CLAD, means that it is only laid with gold/silver on the ouside. This is WORTHLESS.

Yep, no point on buying those.. but since they sell it, does anybody actually buy those?

StickyGreen 03-05-2013 06:41 PM

Quote:

Originally Posted by slapass (Post 19513342)
I am short gold so sort of hoping you guys all sell and buy stock.

Why would you be short gold right now?

We're at a bottom and it's about to shoot back up...

d-null 03-05-2013 09:43 PM

how about old pentium cpu's for their scrap gold content

http://i.imgur.com/Ayvdn2H.jpg

Supz 03-05-2013 09:48 PM

Quote:

Originally Posted by d-null (Post 19513821)
how about old pentium cpu's for their scrap gold content

http://i.imgur.com/Ayvdn2H.jpg

I know a guy who makes 6 figures a year getting scrap batteries with Silver in them. Its a pretty big now.


Anyone want to sell there gold? Ill buy it...

facialfreak 03-06-2013 12:39 AM

Quote:

Originally Posted by mineistaken (Post 19513240)
interesting about jewelry. Its not typical investment in metal price as only part of the value is the weight of the chain. Would you say its better than gold bars?

I dunno about "better" than gold bars .... but a thief will have to pry it from my dead body if they want it ... including the government.

The problem I have with gold/silver bars, is if you are not storing them in a hole in the ground, you stand the very real risk of your bank/government stealing them from you ... if shit gets real, the first thing the government will do is make owning gold and silver illegal, and they will search and seize any held in safety deposits ... they did it in 1933 (EO 6102), and they WILL do it again!!

I hope I will never live to see the day the economy collapses, but I always have a backup plan in case it does!!

When the economy went to hell during the great depression, the Rockefellers and Rothschilds blatantly robbed America, buying up defaulted loans at about 5 cents on the dollar! The only people who weathered the storm, were those that had their riches on their persons - mostly stored as physical gold and silver. History always repeats. :Oh crap

mineistaken 03-06-2013 08:31 AM

Quote:

Originally Posted by greg80 (Post 19513493)
This is not real gold or real silver. It is CLAD, means that it is only laid with gold/silver on the ouside. This is WORTHLESS.

One more listing I do not understand:
http://cgi.ebay.com/ws/eBayISAPI.dll...:B:ONA:GB:3160

50 grains of silver is about 3 grams of silver and current bid is 49$ while you can buy 31 gram bullion for that amount and still have money left. What am I missing here?

SGS 03-06-2013 08:36 AM

Collected gold Sovereigns since the late 1970's

facialfreak 03-06-2013 09:06 AM

Quote:

Originally Posted by mineistaken (Post 19514357)
One more listing I do not understand:
http://cgi.ebay.com/ws/eBayISAPI.dll...:B:ONA:GB:3160

50 grains of silver is about 3 grams of silver and current bid is 49$ while you can buy 31 gram bullion for that amount and still have money left. What am I missing here?

50 grains of silver is much more usable to a jeweler who repairs jewelery, than a 31 gram coin or ingot that he would have to melt down to use as solder.



But sometimes there is no rhyme or reason to ebay bids ... supply and demand has more to do with the selling price than actual retail value.

I buy 2010 MacBook Pros for less than $800 on days that there are dozens of them listed ... but other days when the pickings are not so plentiful, I have seen them go as high as $1700 :Oh crap

slapass 03-06-2013 11:14 AM

Quote:

Originally Posted by StickyGreen (Post 19513581)
Why would you be short gold right now?

We're at a bottom and it's about to shoot back up...

That is what makes a market. Been short awhile so no worries.


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