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Re: Gold dips below 1200
[Re: Mo]
#12864674
08/15/18 03:42 AM
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Joined: Sep 2010
Posts: 2,581
GROD
Extreme Angler
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Extreme Angler
Joined: Sep 2010
Posts: 2,581 |
As long as they hold for 2-3 years they will be happy with their investment.
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Re: Gold dips below 1200
[Re: Mo]
#12864675
08/15/18 03:44 AM
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Joined: Sep 2010
Posts: 2,581
GROD
Extreme Angler
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Extreme Angler
Joined: Sep 2010
Posts: 2,581 |
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.
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Re: Gold dips below 1200
[Re: Mo]
#12864676
08/15/18 03:45 AM
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Joined: Sep 2010
Posts: 2,581
GROD
Extreme Angler
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Extreme Angler
Joined: Sep 2010
Posts: 2,581 |
And Im not wealthy... lol just dont want to kick myself in the [censored] again for passing up opportunities I should have jumped on.
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Re: Gold dips below 1200
[Re: Mo]
#12864717
08/15/18 04:45 AM
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Joined: Jun 2013
Posts: 4,529
Bugzout10
TFF Team Angler
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TFF Team Angler
Joined: Jun 2013
Posts: 4,529 |
No Sharelunker and counting
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Re: Gold dips below 1200
[Re: Mo]
#12864821
08/15/18 01:28 PM
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Joined: Oct 2001
Posts: 15,310
Mo
OP
TFF Guru
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OP
TFF Guru
Joined: Oct 2001
Posts: 15,310 |
When the zombies attack ( EMP Blast, or yellowstone erupts ), what will bit coins be worth ?
Mo
MY BACKYARD , 20,000 ACRES , NO MOWING
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Re: Gold dips below 1200
[Re: Mo]
#12864834
08/15/18 01:38 PM
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Joined: Sep 2010
Posts: 2,581
GROD
Extreme Angler
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Extreme Angler
Joined: Sep 2010
Posts: 2,581 |
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.
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Re: Gold dips below 1200
[Re: Mo]
#12867361
08/17/18 02:34 PM
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Joined: Jun 2016
Posts: 6,854
V-Bottom
TFF Celebrity
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TFF Celebrity
Joined: Jun 2016
Posts: 6,854 |
$1184.9 today Oil....$65.84 Gas $2.50 and will not drop
Texas Anglers Recognition Program TPWD Official Weigh Station,77563 Coastal Bend Weigh Team, Cert. Weigh Master USMC66'- www.troutsupport.com
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Re: Gold dips below 1200
[Re: GROD]
#12867458
08/17/18 03:52 PM
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Joined: Sep 2005
Posts: 27,588
Uncle Zeek
aka "Dad"
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aka "Dad"
Joined: Sep 2005
Posts: 27,588 |
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.
"Decency is not news; it is buried in the obituaries --but it is a force stronger than crime" ~ Robert A. Heinlein Artim Law Firm, PLLC Estate planning & tax attorney 2250 Morriss Road, Suite 205, Flower Mound, Texas 75028 972-746-0758 mobile zac@artimlegal.com
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Re: Gold dips below 1200
[Re: Mo]
#12867547
08/17/18 05:09 PM
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Joined: Mar 2015
Posts: 12,161
UGLYSHCTICK
TFF Guru
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TFF Guru
Joined: Mar 2015
Posts: 12,161 |
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.
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Re: Gold dips below 1200
[Re: Mo]
#12867736
08/17/18 07:43 PM
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Joined: Sep 2010
Posts: 2,581
GROD
Extreme Angler
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Extreme Angler
Joined: Sep 2010
Posts: 2,581 |
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!
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Re: Gold dips below 1200
[Re: GROD]
#12867752
08/17/18 07:59 PM
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Joined: May 2002
Posts: 5,744
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 5,744 |
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?
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Re: Gold dips below 1200
[Re: Mo]
#12867791
08/17/18 08:36 PM
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Joined: Jun 2003
Posts: 31,317
HasBen
TFF Guru
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TFF Guru
Joined: Jun 2003
Posts: 31,317 |
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.
“There’s no such thing as too much horsepower, just not enough traction”…..Carroll Shelby
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Re: Gold dips below 1200
[Re: Mo]
#12868089
08/18/18 01:21 AM
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Joined: Sep 2010
Posts: 2,581
GROD
Extreme Angler
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Extreme Angler
Joined: Sep 2010
Posts: 2,581 |
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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