yeah right
the minute you hear about a BLACK WOMAN on a coin you wanna buy it!!
i bet if one went through your surf history one would find a lot of interracial
There are some smart guys on here so curious on your take. The US Mint is releasing 100,000 - $100 face value 99.99% pure 1 ounce gold coins to mark it's 225th anniversary on April 6. It's the second time they've released coins this pure. It's also the first of a Series in the Lady Liberty line where she's not white. She's going to be a black woman and every two years they're going to release Asian-Americans, Hispanic-Americans, and Indian-Americans.
Currently gold is $1200 an ounce and coins are marked up I believe 10-20%. So it will be about $1400-1500 a coin. Is this a decent long term investment? I have stocks and other shit but want some tangible I can hold and lock away in a safe for a long time.
Just your thoughts on this.
"Buy an index fund, make me rich - and go back to work" - Warren Buffett
"Buy an index fund and go back to work" - Warren Buffett
There are some smart guys on here so curious on your take. The US Mint is releasing 100,000 - $100 face value 99.99% pure 1 ounce gold coins to mark it's 225th anniversary on April 6. It's the second time they've released coins this pure. It's also the first of a Series in the Lady Liberty line where she's not white. She's going to be a black woman and every two years they're going to release Asian-Americans, Hispanic-Americans, and Indian-Americans.
Currently gold is $1200 an ounce and coins are marked up I believe 10-20%. So it will be about $1400-1500 a coin. Is this a decent long term investment? I have stocks and other shit but want some tangible I can hold and lock away in a safe for a long time.
Just your thoughts on this.
My own opinion: not a great investment choice. Go with stocks, bonds, real estate, etc. first. That said, I have seven or eight gold coins in my safe deposit box. If I get some extra cash along the way, I sometimes take $1200 into the gold dealer and buy a coin I like and just pay the commission which is pretty steep. It is fun to get the coin which you can touch and feel. I don't buy jewelry so it's kind of like that. Then I tuck the coin away at the bank. I've never made much on them but it's kind of rainy day spending source in case things got REALLY bad out there.
The Oracle of Omaha
This crony old coot is a bankster/Fed reserve/status quo shill... fuck him. Do yourself a favor and read about Warren's father Howard Buffet, who was a very intelligent, honest man with integrity.
Howard Buffett strongly supported the gold standard because he believed it would limit the ability of government to inflate the money supply and spend beyond its means.[14] His son Warren Buffett is not an advocate of the gold standard
The amount of money you spent on gold would be much better served invested in food, ammunition, silver and copper which would be far more useful in a doomsday type scenario.
you forgot steroids
i think its safe to say than when the shit hits the fan and it will be between the natural and the juiced the juiced will prevail!!!
IN THE FUTURE
EARTH WILL HAVE A DIFFERENT NAME
JUICE WORLD!!!
ALL HAIL THE JUICERS OF THE NEW DAWN
My own opinion: not a great investment choice. Go with stocks, bonds, real estate, etc. first. That said, I have seven or eight gold coins in my safe deposit box. If I get some extra cash along the way, I sometimes take $1200 into the gold dealer and buy a coin I like and just pay the commission which is pretty steep. It is fun to get the coin which you can touch and feel. I don't buy jewelry so it's kind of like that. Then I tuck the coin away at the bank. I've never made much on them but it's kind of rainy day spending source in case things got REALLY bad out there.
The amount of money you spent on gold would be much better served invested in food, ammunition, silver and copper which would be far more useful in a doomsday type scenario.
I already have all that stuff... in significant amounts. Last time I took count, over 20K rounds of ammo.
whatabout gold teeth?
then you can have a good investment and a great look at the same time
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I already have all that stuff... in significant amounts. Last time I took count, over 20K rounds of ammo.
And I've had a deep appreciation for your posts for years now but all the things you list are simply insurance.
Not investments.
@5:00
"Ever since I got out of school someone gave me 10 reasons why you shouldn't buy stocks. But the world does not belong to the pessimists."
It's all about timing my friend... it has nothing to do with optimism or pessimism.
All markets are in a huge bubble right now and I want very little exposure to risk.
When the fear is high and there is blood in the streets, you should be in. When euphoria and greed have taken over, you should be out. Not quite there yet, but we're close. It's better to be months/years early than 1 second too late.