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Most Online39,925 Dec 30th, 2023
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Re: Gold
[Re: Jpurdue]
#12489019
11/02/17 02:07 PM
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Joined: Mar 2003
Posts: 18,451
Hookem
TFF Guru
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TFF Guru
Joined: Mar 2003
Posts: 18,451 |
McBride's in Austin.
Where else can you go to for guns, ammo, fishing stuff and coinage?
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Re: Gold
[Re: UTDmiller]
#12489083
11/02/17 02:45 PM
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Joined: May 2002
Posts: 6,130
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 6,130 |
Bitcoin hit 7300 earlier this morning, dropped back to just under 7k... buy that instead Bitcoin may be the millennials' version of gold, or tulip bulbs, I suspect the latter.
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Re: Gold
[Re: JCG57]
#12489098
11/02/17 02:59 PM
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Joined: Oct 2013
Posts: 2,604
UTDmiller
Extreme Angler
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Extreme Angler
Joined: Oct 2013
Posts: 2,604 |
Bitcoin hit 7300 earlier this morning, dropped back to just under 7k... buy that instead Bitcoin may be the millennials' version of gold, or tulip bulbs, I suspect the latter. Bitcoin is an accepted payment for many merchants, Amazon just purchased 2 URLs having to do with crypto currencies... if they accept it as payment i highly doubt it will go away. I believe Japan already widely accepts bitcoin, its a risk just like many other investments but has some huge potential Edit: In Fact Japan accepts it as a legal form of payment, this happened back in April of this year which is right around the time when it started to shoot up... interesting coincidence
Last edited by UTDmiller; 11/02/17 03:00 PM.
John Miller
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Re: Gold
[Re: Jpurdue]
#12489107
11/02/17 03:06 PM
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Joined: Mar 2011
Posts: 139
djn
Outdoorsman
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Outdoorsman
Joined: Mar 2011
Posts: 139 |
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Re: Gold
[Re: UTDmiller]
#12489113
11/02/17 03:09 PM
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Joined: May 2002
Posts: 6,130
JCG57
TFF Celebrity
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TFF Celebrity
Joined: May 2002
Posts: 6,130 |
Bitcoin hit 7300 earlier this morning, dropped back to just under 7k... buy that instead Bitcoin may be the millennials' version of gold, or tulip bulbs, I suspect the latter. Bitcoin is an accepted payment for many merchants, Amazon just purchased 2 URLs having to do with crypto currencies... if they accept it as payment i highly doubt it will go away. I believe Japan already widely accepts bitcoin, its a risk just like many other investments but has some huge potential Edit: In Fact Japan accepts it as a legal form of payment, this happened back in April of this year which is right around the time when it started to shoot up... interesting coincidence I did not say Bitcoin would go away, tulip bulbs did not go away, rather, their value collapsed to reasonable levels after they were hyper-inflated.
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Re: Gold
[Re: JCG57]
#12489219
11/02/17 04:15 PM
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Joined: Feb 2015
Posts: 4,770
Flippin-Out
TFF Team Angler
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TFF Team Angler
Joined: Feb 2015
Posts: 4,770 |
Bitcoin hit 7300 earlier this morning, dropped back to just under 7k... buy that instead Bitcoin may be the millennials' version of gold, or tulip bulbs, I suspect the latter. The tulip bulb analogy is an excellent one!
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Re: Gold
[Re: Jpurdue]
#12489276
11/02/17 04:54 PM
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Joined: May 2011
Posts: 35,638
1ShotNoKills
TFF Guru
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TFF Guru
Joined: May 2011
Posts: 35,638 |
In 2001 when I graduated my step father offered me some gold coins to save or a few hundred in cash to spend as a present.
Yea I took the cash.
It was like $275 an ounce then...
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Re: Gold
[Re: Jpurdue]
#12489890
11/02/17 11:33 PM
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Joined: Oct 2004
Posts: 38,822
KingwoodCat
TFF Guru
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TFF Guru
Joined: Oct 2004
Posts: 38,822 |
U.S. Gold Bureau in Austin.
"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
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Re: Gold
[Re: Jpurdue]
#12489892
11/02/17 11:36 PM
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Joined: Nov 2002
Posts: 12,526
fish4bass
TFF Guru
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TFF Guru
Joined: Nov 2002
Posts: 12,526 |
My 401K has more than doubled since '09. Growing $6K a month. Happy. "Born 1962 plan" at Fidelity.
Last edited by fish4bass; 11/02/17 11:38 PM.
And I know who "Jeff" is.
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Re: Gold
[Re: Jpurdue]
#12489926
11/03/17 12:06 AM
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Joined: Jul 2010
Posts: 9,921
TR176
TFF Celebrity
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TFF Celebrity
Joined: Jul 2010
Posts: 9,921 |
I made fun of a guy that paid $65 oz for gold when it first became legal. I wonder if the same investment in stocks would be the same or more now. I remember when people went crazy over gold and silver in the mid 70s people were buying bags of silver coins for upward of $50 oz. it was a slaughter when it went back to $4 oz.
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Re: Gold
[Re: TR176]
#12489929
11/03/17 12:08 AM
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Joined: Nov 2002
Posts: 12,526
fish4bass
TFF Guru
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TFF Guru
Joined: Nov 2002
Posts: 12,526 |
I made fun of a guy that paid $65 oz for gold when it first became legal. I wonder if the same investment in stocks would be the same or more now. I remember when people went crazy over gold and silver in the mid 70s people were buying bags of silver coins for upward of $50 oz. it was a slaughter when it went back to $4 oz. I had a guy at work trying to get me to invest in Ostrich eggs at one time.  Diversify.... That is the ticket.
Last edited by fish4bass; 11/03/17 12:12 AM.
And I know who "Jeff" is.
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Re: Gold
[Re: Jpurdue]
#12489934
11/03/17 12:14 AM
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Joined: Jul 2005
Posts: 3,118
Ted Martin
TFF Team Angler
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TFF Team Angler
Joined: Jul 2005
Posts: 3,118 |
Wow you guys are particularly useless today.  Nobody out there keeps a small <5% portion of their portfolio in gold? sort of, i just put about 3% in stock in a gold mining company. Its stock price fluctuates almost 1:1 with the spot price of gold. Reason: minimal transaction cost to buy/sell, i don't have to worry about physically storing it, buying insurance for it, etc. The downside, lots of people buy gold to hold in case the S hits the proverbial fan. Zombie apocalypse, N Korea nuclear strike, or collapse of modern civilization. Stock won't do you much good if that's the reason you are buying. If you simply want to diversify a small portion, i would go the stock route. my .02 and its worth everything you paid for it.
Last edited by Ted Martin; 11/03/17 12:51 AM.
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Re: Gold
[Re: Jpurdue]
#12489940
11/03/17 12:21 AM
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Joined: Sep 2011
Posts: 4,623
DJB
TFF Team Angler
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TFF Team Angler
Joined: Sep 2011
Posts: 4,623 |
I've invested in copper and lead.
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Re: Gold
[Re: DJB]
#12489943
11/03/17 12:26 AM
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Joined: Nov 2002
Posts: 12,526
fish4bass
TFF Guru
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TFF Guru
Joined: Nov 2002
Posts: 12,526 |
I've invested in copper and lead. I have too. Got a few 5 gallon buckets of lead and molds to make fishing weights and bullets.
And I know who "Jeff" is.
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Re: Gold
[Re: Jpurdue]
#12490033
11/03/17 01:34 AM
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Joined: Nov 2009
Posts: 41,076
Dan90210 ☮
Jr Deputy Dan
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Jr Deputy Dan
Joined: Nov 2009
Posts: 41,076 |
Buying gold?!
Just go find golden bullion in Florida.
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