hepcat;538783 said:
You're a tricky bugger DLD.:)

You got to be in this day and age. Giving free advice online does not pay too well:) The money I am making (some of the time) is from my skill in precious metals and art:)
 
We're do you sell your metal? You also must have a lot if you can one day sell and buy a house
 
8incyclops;538978 said:
We're do you sell your metal? You also must have a lot if you can one day sell and buy a house

I usually do not sell unless I need to free up paper. Currently I hold more than enough to buy a couple of houses:)
 
Is this a global thing DLD, or are the markets for gold and silver different for the USA v UK?

I might start investing in precious metals. Is silver still the big thing?
 
I wonder if the recent banker money grab in Cyprus will have any effect on gold and silver.

The government there is just pulling 6-10 percent of peoples savings out as a tax across the board, to give it to the IMF i believe, I think it might spook depositors in the debt ridden EU and they may look to invest elsewhere, perhaps in gold.
 
This is what im talking about...

Keep Your Money Safe
by Stuart Wilde - March 17, 2013

...
Cyprus has gone belly up owing money to the International Monetary Fund and other global money lenders. They came up with an austerity plan but it’s not enough to satisfy the demands upon them. They have been ordered by the EU to seize 10% of the money in people’s private bank accounts. This has caused panic withdrawals from ATMs. British troops in Cyprus will be reimbursed by the British government for any losses they suffer.

Obama is passing a law that will allow the American security agencies to go into any bank account in the country, ostensibly it is a con job about money laundering, but in practice it allows the government to see who has cash that can be stolen and who hasn’t.

http://www.stuartwilde.com/2013/03/keep-your-money-safe/
 
lexyz222;539059 said:
Is this a global thing DLD, or are the markets for gold and silver different for the USA v UK?

I might start investing in precious metals. Is silver still the big thing?

In my opinion it is Global and the efforts you put forth should be a wide spectrum of metal collection. Remember, buying nickels and pennies is not a negative investment in any way, it will only benefit you in the future and a bank will take a house payment in pennies and nickels if need be, with no loss in face value. Silver and Gold should be seen as progressive store increases as you can afford them and when the price is down. Never sell unless there is a spike that truly benefits you. Otherwise, hold on to all metals as they will always go up in value. Currently silver is a great deal and smart to buy as much as you can. Gold, may still be overpriced at this point but it breaking $1600 brings some hope to it's future. Gold, in this scenario, is the longest investment and it ties up a lot of paper for a small amount of metal. I did not start buying gold until I had a healthy stash of silver, nickel, copper and zinc.


The global nature of this is mainly set in the nickel, zinc and copper. The reason why the US government is buying back these metals and phasing out these coins content with clad is because the metals in them are the very metals of our future, metals that create batteries and in every sense, the world is moving in this direction. Once pennies and nickels have been phased out you will see a rise in price 10x face and beyond. Look at these metals in the same way smart people saw silver in 1965! Grab it with both hands and store it like a squirrel!
 
lexyz222;539059 said:
Is this a global thing DLD, or are the markets for gold and silver different for the USA v UK?

I might start investing in precious metals. Is silver still the big thing?

Most commodities are denominated in $ however there are secondary markets in the UK.

Precious metals can be a good investment but like any investment you need to do enough research to know when they are cheap to buy and expensive to buy unless your sole aim is to stop your cash being liquid. Unless your trying to avoid tax then right now you want your money in cash looking for investments (provided you don't believe the economy will implode) because a lot of stock is still relatively cheap, commodities are hit and miss right now with gold overvalued but oil probably undervalued.

Silver i would avoid right now as like gold the price is relaxing as investors have more economic confidence. It's probably worth buying at under $10 if your prepared to hold long.

silver_20_year_o_usd.png


acer33;539142 said:
I wonder if the recent banker money grab in Cyprus will have any effect on gold and silver.

The government there is just pulling 6-10 percent of peoples savings out as a tax across the board, to give it to the IMF i believe, I think it might spook depositors in the debt ridden EU and they may look to invest elsewhere, perhaps in gold.

That would indeed have had a significant effect had it been a large country however Cyprus has a GDP about the size of Wales, it's nothing to worry about.

doublelongdaddy;539374 said:
In my opinion it is Global and the efforts you put forth should be a wide spectrum of metal collection. Remember, buying nickels and pennies is not a negative investment in any way, it will only benefit you in the future and a bank will take a house payment in pennies and nickels if need be, with no loss in face value. Silver and Gold should be seen as progressive store increases as you can afford them and when the price is down. Never sell unless there is a spike that truly benefits you. Otherwise, hold on to all metals as they will always go up in value. Currently silver is a great deal and smart to buy as much as you can. Gold, may still be overpriced at this point but it breaking $1600 brings some hope to it's future. Gold, in this scenario, is the longest investment and it ties up a lot of paper for a small amount of metal. I did not start buying gold until I had a healthy stash of silver, nickel, copper and zinc.


The global nature of this is mainly set in the nickel, zinc and copper. The reason why the US government is buying back these metals and phasing out these coins content with clad is because the metals in them are the very metals of our future, metals that create batteries and in every sense, the world is moving in this direction. Once pennies and nickels have been phased out you will see a rise in price 10x face and beyond. Look at these metals in the same way smart people saw silver in 1965! Grab it with both hands and store it like a squirrel!

Pence actually costs only about 0.3p at the moment (they did change 2p's about a decade ago) however your cents are worth more than double (i assume they are made from Nickel?). Agreed with most metals.
 
Today the price of silver (AG) has dropped again. The market closed today at $29.08, last August the price was beyond $42.00. I think we have come very close to a low for this year and I believe it is a great time to invest. If we see a peak in August, as we did last year, people could practically double their money.

If you want to learn about PM investments check out the KITCO site, they have a affluent users forum and tons of great advice.
WHY OH WHY WAS I NOT HERE IN THOSE EARLY YEARS 😫😫😫😅 DLD you the man
 
When my house fire happened someone stole all of my silver and gold. That was my retirement 😪

Fuck Mike that's horrible 🤬🤬🤬. I thought I was one of the fewest here with a bad luck streak.No more bad 🤞 ever.Prayers
 
  • Like
Reactions: DLD
I am not sure. I have no money and nothing in savings as it was all in gold and silver
I pray God shows me a way to survive this.

God will help us to find a way to improve our lives now we are going through but God will not turn his back on us.. You're a gifted man❤️The light of God will show us where to go 🙏
 
  • Love
Reactions: DLD
God will help us to find a way to improve our lives now we are going through but God will not turn his back on us.. You're a gifted man❤️The light of God will show us where to go 🙏
This will all be dealt with is 6 days. God will always protect you so be sure to pray and put your faith in Jesus. The economy is so bad I can't buy silver or gold or anything else. Food, gas, energy is crippling and we need a change desperately. I promise if things work out we will all benefit to a better time.
 
Back
Top Bottom