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Gold dips below 1200 #12862966 08/13/18 05:23 PM
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Mo Offline OP
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Anybody buying ? I am tempted to pick up some.

Mo



MY BACKYARD , 20,000 ACRES , NO MOWING smile
Re: Gold dips below 1200 [Re: Mo] #12862977 08/13/18 05:31 PM
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Bitcoin is where it's at.


“Do not pray for easier lives. Pray to be stronger men.” -JFK
Re: Gold dips below 1200 [Re: Mo] #12863004 08/13/18 06:05 PM
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Let me drop $10,000 grand real quick


If God is your co-pilot then change seats

https://abaltcustomlures.com/



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Re: Gold dips below 1200 [Re: Mo] #12863714 08/14/18 08:37 AM
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Originally Posted By: Mo
Anybody buying ? I am tempted to pick up some.

Mo




I have been waiting for gold and silver to drop, I was thinking it would of started last year after the elections.


I am thinking it will get down to the 2007 to 2009 price levels of 700 to 800 per ounce.


I think it is finally heading that way, once it hits 950 I will start to buy

Re: Gold dips below 1200 [Re: Mo] #12863790 08/14/18 12:37 PM
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WAWI Online Content
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No, I'm not buying

Re: Gold dips below 1200 [Re: Mo] #12863806 08/14/18 12:56 PM
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CCTX Online Content
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The days of people burying it in their backyard in case of an economic collapse are over.



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Re: Gold dips below 1200 [Re: Mo] #12863828 08/14/18 01:14 PM
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What would Buffett do.

Re: Gold dips below 1200 [Re: WAWI] #12863836 08/14/18 01:20 PM
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Originally Posted By: WAWI
What would Buffett do.


He would have a popular song in the 1970's, and make a fortune of it

Re: Gold dips below 1200 [Re: Mo] #12863860 08/14/18 01:34 PM
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GROD Offline
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As low as bitcoin currently is and where I believe it will be 3-5 years down the road, it would be dumb to not at least own 1 bitcoin.

Re: Gold dips below 1200 [Re: GROD] #12864281 08/14/18 08:22 PM
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Originally Posted By: GROD
As low as bitcoin currently is and where I believe it will be 3-5 years down the road, it would be dumb to not at least own 1 bitcoin.


Never even seen one.


"Any man who thinks he can be happy and prosperous by letting the government take care of him had better take a look at the American Indian".

Henry Ford
Re: Gold dips below 1200 [Re: Mo] #12864307 08/14/18 08:45 PM
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Still high. 320-350 is where it should be.

Re: Gold dips below 1200 [Re: Mo] #12864337 08/14/18 09:11 PM
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"The days of people burying it in their backyard in case of an economic collapse are Over."

Don't tell Saudi Arabia.

Unless times have changed they are paid in gold for all the crude they sell.


The Truth is six of the seven Dwarfs are not Happy!
Re: Gold dips below 1200 [Re: Arkansas10 bass] #12864339 08/14/18 09:13 PM
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Originally Posted By: Arkansas10 bass
Still high. 320-350 is where it should be.


Agree. Treefiddy to fivehundy if Im being generous


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Re: Gold dips below 1200 [Re: Mo] #12864653 08/15/18 03:18 AM
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GROD Offline
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There are more millionaires in the world then there are bitcoins to be mined. Think about that for a minute. Any investor is a fool to not own at least 1 bitcoin. (6k right now) Constant innovation is the way of the world, rather one likes it or not... bitcoin isnt going anywhere

Re: Gold dips below 1200 [Re: GROD] #12864658 08/15/18 03:21 AM
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Originally Posted By: GROD
There are more millionaires in the world then there are bitcoins to be mined. Think about that for a minute. Any investor is a fool to not own at least 1 bitcoin. (6k right now) Constant innovation is the way of the world, rather one likes it or not... bitcoin isnt going anywhere


I sure the investors who paid $20,000.00 each will agree with this analysis.

Re: Gold dips below 1200 [Re: Mo] #12864674 08/15/18 03:42 AM
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GROD Offline
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As long as they hold for 2-3 years they will be happy with their investment.

Re: Gold dips below 1200 [Re: Mo] #12864675 08/15/18 03:44 AM
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GROD Offline
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Question you have to ask yourself... why not buy 1? Think about the dot com stocks back in the day... or back when apple almost went bankrupt. Close minded will keep a few dollars in your pocket...seeing the big picture and knowing where something can go will make you wealthy.

Re: Gold dips below 1200 [Re: Mo] #12864676 08/15/18 03:45 AM
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GROD Offline
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And Im not wealthy... lol just dont want to kick myself in the [censored] again for passing up opportunities I should have jumped on.

Re: Gold dips below 1200 [Re: Mo] #12864717 08/15/18 04:45 AM
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Gold is for olds NO


No Sharelunker and counting
Re: Gold dips below 1200 [Re: Mo] #12864821 08/15/18 01:28 PM
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Mo Offline OP
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When the zombies attack ( EMP Blast, or yellowstone erupts ), what will bit coins be worth ?

Mo



MY BACKYARD , 20,000 ACRES , NO MOWING smile
Re: Gold dips below 1200 [Re: Mo] #12864834 08/15/18 01:38 PM
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GROD Offline
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If they mined the gold available, what would it be worth? If they mined the diamonds available what would they be worth? Both be worth about as much as a tin can... supply and demand. Keep supply low and demand the same price will stay relatively the same... as gold and diamonds do now. Bitcoin is a set supply, will not ever be more and/or less based off someones opinion. Like I said before, dont have to understand it, dont have to like it, but do yourself a favor and allocate just 2% of your investment into crypto. I would stick with the big player (bitcoin) and have a little in a few others. Block chain technology and crypto is here to stay though. The younger generations will make sure of it.

Last edited by GROD; 08/15/18 01:39 PM.
Re: Gold dips below 1200 [Re: Mo] #12867361 08/17/18 02:34 PM
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$1184.9 today
Oil....$65.84 Gas $2.50 and will not drop


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Re: Gold dips below 1200 [Re: GROD] #12867458 08/17/18 03:52 PM
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Originally Posted By: GROD
If they mined the gold available, what would it be worth? If they mined the diamonds available what would they be worth? Both be worth about as much as a tin can... supply and demand. Keep supply low and demand the same price will stay relatively the same... as gold and diamonds do now. Bitcoin is a set supply, will not ever be more and/or less based off someones opinion. Like I said before, dont have to understand it, dont have to like it, but do yourself a favor and allocate just 2% of your investment into crypto. I would stick with the big player (bitcoin) and have a little in a few others. Block chain technology and crypto is here to stay though. The younger generations will make sure of it.


I'm sure that the people in Puerto Rico who owned bitcoin during their recent disaster were well served by them. After all, with no power & no communications a bitcoin has zero value because you don't actually have it in your possession.

On the other hand, someone with a few gold coins, or silver coins ... or paper currency ... or even, heaven forbid, a CHECKBOOK, has something of value to exchange when the power ain't working. Sure, you may pay more than the thing is worth, but it beats not getting necessities at all.


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Re: Gold dips below 1200 [Re: Mo] #12867547 08/17/18 05:09 PM
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Man dies goes to heaven. He begs and pleads with St. Peter to bring his gold with him. St. Peter finally agrees. So now this guys is walking through heaven pushing a wheelbarrow full of gold. Finally some guy hollers out to him. "He dude! where you going with all that pavement?"


Just want to make folks smile, and spit coffee on their keyboard.

If you put beans in your chili, you don't know beans about chili.

God doesn't create temporary people, you will spend eternity somewhere. Choose wisely.
Re: Gold dips below 1200 [Re: Mo] #12867736 08/17/18 07:43 PM
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GROD Offline
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All Im saying is a diverse portfolio is a must and it includes crypto... comment about gold and diamonds is true though, if they released the stock pile they have then their value would significantly drop in an instant. Either way invest for the future however you see fit... and keep fishing!

Re: Gold dips below 1200 [Re: GROD] #12867752 08/17/18 07:59 PM
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Originally Posted By: GROD
All Im saying is a diverse portfolio is a must and it includes crypto... comment about gold and diamonds is true though, if they released the stock pile they have then their value would significantly drop in an instant. Either way invest for the future however you see fit... and keep fishing!


How many tulip bulbs does the bitcoin buy?

Re: Gold dips below 1200 [Re: Mo] #12867791 08/17/18 08:36 PM
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HasBen Online Content
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In all my years, about the only investments I have made and never lost money on when I cashed out has been real estate. Some big, some small, but always profitable and I understand it....unlike bitcoins.


"Nothing spoils a good story like the arrival of an eyewitness."-Mark Twain
Re: Gold dips below 1200 [Re: Mo] #12868089 08/18/18 01:21 AM
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GROD Offline
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I agree, real estate should also be in a portfolio... 2% isnt much to invest into crypto... with chances of crazy returns a few years down the road.

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