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Investing and personal finance
NelsonMuntz:
quote author=Coffeed link=topic=612594.msg8517022#msg8517022 date=1466888478]
The Dukes are trying to corner the market!
[/quote]
here they are with a young, slim Vince Goodrum
sync pulse:
--- Quote from: FitnessFrenzy on June 25, 2016, 11:41:11 AM ---yeah, no gold or silver for me.
--- End quote ---
The only way you can make significant profit from precious metals it through leveraged futures contracts on the Chicago Board of Trade..
If your position is aimed in the right direction, you gain money with the rush of Niagara Falls...
If you are wrong...that futures contract will squeeze your nuts between it's thumb and forefinger...
--- Quote from: Mr Anabolic on June 25, 2016, 07:21:32 PM ---Gold was around $35oz in 1972. It's now $1320... a 3800% gain.
--- End quote ---
1972 eh?...Are you going to cryogenically immerse yourself and wait for this glacier?...or use a time machine?
If you want to investigate futures...I would suggest grain..."grain does what silver does"
Hypo:
--- Quote from: NelsonMuntz on June 25, 2016, 08:09:35 PM ---quote author=Coffeed link=topic=612594.msg8517022#msg8517022 date=1466888478]
The Dukes are trying to corner the market!
here they are with a young, slim Vince Goodrum
--- End quote ---
Lol!
Mitch:
how many of you are ready to "drop 15 Andrew Jackson" to make the investment of your life :D
el numero uno:
--- Quote from: Mr Anabolic on June 25, 2016, 07:21:32 PM ---LOL - I'd like to see the bogus data points used to plot this chart. Gold was around $35oz in 1972. It's now $1320... a 3800% gain. No gold or silver for you!
--- End quote ---
Do the math, that would average roughly an annual interest of 8.5%. It's hardly going to make you a millionaire. ::)
3800% gain... in 44 years. :D
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