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07-23-2008, 06:17 PM
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#1 | I keep RS good
Join Date: May 2001 Location: Cosmos
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| Gold or Silver?
what would you invest in? what's the overall difference?
I'm choosing one of the precious metals to watch... but I can't decide which one.
EDIT: lol i realised this thread is ultra old and things have changed a lot since then. lol who woulda thought silver woulda taken off like mad.
Last edited by Ulic Qel-Droma; 01-07-2011 at 02:26 PM.
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07-24-2008, 02:33 AM
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#2 | OMGWTFBBQ is a common word I say everyday
Join Date: Mar 2002 Location: Vancouver
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i'd go with gold. gold has alwways been a form of wealth and has never been worth 0.
actual physical gold, not gold stocks..
try this place, price is pretty good compared to some others.. only 1% markup http://www.learcapital.com/gold-coin-content/main.html |
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07-24-2008, 08:06 PM
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#3 | I bringith the lowerballerith
Join Date: Feb 2002 Location: Philly / NYC
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| Quote:
Originally Posted by trip |
nothing really will be worth zero when it comes to precious metal...... gold is more expensive because its rarer. wealth... lol. anyway
gold has always been one of the best hedge to a fluctuating economy. It grows slow, but it is steady.
If you're looking at long term investment and dont have much else to invest in, gold is a pretty safe bet.
__________________ City of Brotherly Love Where All Lusts began.... 08' AW E92 335i a few mods..... 01' SBM IS300 - Stock. Still running strong after 9+ years and 235k+ kms!!! |
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11-09-2010, 07:22 PM
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#4 | HELP ME PLS!!!
Join Date: Apr 2002 Location: B.C.
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I have two questions regarding silver:
1) Some experts eg:Robert Kiyosaki said that silver is a better investment for three reasons:first,gold is at an all time high so it is unwise to invest in it. second, the world's supply of silver is much more limited compare to gold (he said that the world's supply can run out as early as 2020).third,silver is an industrial commodity eg: they use silver in 90% of electronics. I would like hear my fellow members opinion on that.
2) If I want to invest in silver but do not want to store silver coins/bars in my house/bank. What are some alternative that are avaliable?
I look forward to hear from my fellow members.
__________________ Quote: Originally posted by Ulic Qel-Droma ill have to agree. .. kinda. sometimes i get a hardon over her, but then i'm like *no i shouldnt.. this is wrong, she's not up to my standards*. but i guess my dick has it's own set of rules. | |
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11-09-2010, 09:23 PM
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#5 | 14 dolla balla aint got nothing on me!
Join Date: Sep 2008 Location: richmond
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^in addition to those two points, silver is much more undervalued than gold right now, so there's lots of potential for it to rise in value
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11-09-2010, 11:05 PM
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#6 | My homepage has been set to RS
Join Date: Jun 2008 Location: Nowhere
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One can invest in Silver stocks like SVM.TO. And ride the wave.
Or buy call options in SVM on the American side.
ETF's, I don't like them.
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11-09-2010, 11:52 PM
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#7 | MiX iT Up!
Join Date: May 2006 Location: vancouver
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copper!
Gold and Silver were so 2008.
__________________ Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk.. "Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt |
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11-10-2010, 12:00 AM
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#8 | HELP ME PLS!!!
Join Date: Apr 2002 Location: B.C.
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Ok change of plan, I am never really stocks savvy so I don't feel confident investing in silver stocks. So what are some reputable places that I can get silver coins/bullions in the Lower Mainland? (preferably Richmond/Vancouver)
__________________ Quote: Originally posted by Ulic Qel-Droma ill have to agree. .. kinda. sometimes i get a hardon over her, but then i'm like *no i shouldnt.. this is wrong, she's not up to my standards*. but i guess my dick has it's own set of rules. | |
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11-10-2010, 01:35 PM
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#9 | Proud to be called a RS Regular!
Join Date: Jan 2006 Location: vancouver
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| Quote:
Originally Posted by BeefCake4000 Ok change of plan, I am never really stocks savvy so I don't feel confident investing in silver stocks. So what are some reputable places that I can get silver coins/bullions in the Lower Mainland? (preferably Richmond/Vancouver) | VBCE ... google it
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11-10-2010, 03:15 PM
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#10 | Need my Daily Fix of RS
Join Date: May 2001 Location: Vancouver, BC,
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| Quote:
Originally Posted by tiger_handheld copper!
Gold and Silver were so 2008. | no, platnium
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11-10-2010, 04:17 PM
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#11 | Banned (ABWS)
Join Date: Feb 2009 Location: Kits/Richmond
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This is all you need to know about gold. Notice how it fluctuates in cycles, where do you think we are in the current cycle?
If you bought for $510 in 1983, after inflation, how much should your gold be worth? $1127.
What was the average inflation rate during those 27 years? between 2-3%
A normal savings bank account could beat the returns on gold over the last 3 decades. Investing in the short term can be extremely profitable, just make sure you know when to cash out. |
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11-11-2010, 03:15 PM
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#12 | Captain Happy Bubble is my Homeboy
Join Date: Jan 2010 Location: Vancouver
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I'm going for silver right now since it's undervalued cuz everyone is going crazy for gold. I just bought some physical silver and I hope it's gonna be a good long term investment. And no, I won't tell u where I live, lol. Posted via RS Mobile |
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11-11-2010, 07:16 PM
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#13 | Rs has made me the woman i am today!
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How much is physical silver? Gold/Silver seems to be good investments if you got extra money to invest into. I really don't know too much since I haven't kept up with the market lately =/.
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11-17-2010, 12:27 AM
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#14 | HELP ME PLS!!!
Join Date: Jan 2004 Location: here
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didn't silver just jump? you missed it by a few weeks.
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11-17-2010, 06:55 AM
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#15 | Rs has made me the man i am today!
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maybe commodities just need to cool off..
maybe silver is a good buy in the long run..
any thoughts on rare earths?
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11-17-2010, 07:24 AM
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#16 | Rider
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i would go with jnr's that have gold properties much easier to get something like a 200 - 300% return at a fraction of the cost
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01-11-2011, 03:22 AM
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#17 | NEWBIE ACCOUNT!
Join Date: Nov 2010 Location: none of your be
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as the US dollar is devalued, gold and silver and a smart idea.
This place is great from what I hear. Another site for you gold and silver shoppers to check out and they do have coins. I think "alex" is a coupon code on their site. I listen alot to Alex Jones and Midas is one of his top sponsors. http://www.midasresources.com/store/store.php?ref=6 |
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01-14-2011, 12:44 AM
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#18 | My homepage has been set to RS
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Been following metals in high detail for several months now. If anyone wants to try short selling in a volatile market, silver ETF (SLV) is a great way to pump & dump. I personally preffer the physical bullion - way less stress.
Lots of Bullionaires are now saying "Gold is Money. Silver is a Commodity". Seeing as Silver now has industrial use, it's hard to argue with this. Silver now has real world applications. Gold is still nothing more than a hoarded material for storing wealth. Silver is more similar to oil, in that it will continue to rise in price due to industrial demand. Double this up with its historic position as a precious metal, and silver becomes a VERY enticing investment.
Both Gold & SIlver are still excellent bullion investments - but for very different reasons now.
If anyone is thinking LONG on metal bullion, it would be a good idea to look into nickel and copper as well.
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01-19-2011, 10:20 PM
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#19 | I don't get it
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gold and silver has historically moved in opposite directions so whichever one you chose to buy, short the other.
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