Do you invest in Gold?

[landlord808]

Is there anybody else out there with a little money in the bank, or buried in your back yard for that matter, that would like to invest in gold but is a little apprehensive.  Looking at some older posts on the subject and doing some research I still honestly can't figure it out.

Yes it will probably continue to go up but what about the games the Fed can play?
This website explains what happened in the past and is only one scenario.   [ftp][http://www.gold-eagle.com/editorials_04/willis112804.html/ftp]

I have family that has done very well with gold over the years.  I always wanted to get in on it and now that I have some money to do so, I'm a little skeptical.  Obviously there are many of you out there investing in gold who listen to Alex and know the current World Bankers agenda.  With that being said, is there a sign that you might look for where you would say "alright, time to get out"?

I just don't see how it can be pushed so much.  With the FEMA camp and everything else what good would it do to have physical gold in your posession other than to throw it at them when they come to get you? 

Please correct me if I'm wrong...  Or if you agree please let me know.  I know I'm not the only one thinking this way right now.

[Matt Hatter]

Good news, Gold is beginning it's second bull market out of 3. The first one ran from 2001 until May 2008, and is now starting phase 2. There is another 5-10 years of good gold investing.

If you want to find a time to sell, use the Gold/Dow ratio.

The best times to sell gold were when the Gold/Dow ratio was 1:1

Look at 1933 and 1981.

1933, Gold was $35 and the DJIA was $35.

in 1981, Gold was $850 and the DJIA was $850.

Today Gold is moving upwards and is at $900, the DJIA just slipped under $8000. They will most likely meet in the middle at perhaps $5000.

Trade your Gold for real estate at that moment, as realestate will be at its low, beginning a new bull market, while gold will be at it's high ending its bull market.

Read up on Peter Schiff, David Morgan, or James Turk for lots of other free advise on gold and silver investing.

Good Luck.

[landlord808]

Matt Hatter, thanks for knowledge sharing.  I can see how it would definitely make sense to follow that trend. I guess my question is more toward the idea that the world bankers are trying to set up a system where nobody could really make a profit but themselves.  In other words, NWO.  I don't believe that this will ever come to fruition as there are more and more people waking up everyday but what if they decided to call in all gold and silver?   You might be dead before it ever became legal and saw it go up in value again. 
Therein lies my skepticism in gold right now.  The fact that it is plugged so much confuses me as do people still investing and thats what I am hoping to come to understand and possibly change my mind on.

So when I was asking, if there is a certain sign that would tell you to sell, I was thinking more along the lines of FEMA camps being put to use etc.

[JonTheSavage]

Silver is what I invest in.

[New Whirled Order]

Silver is what I invest in.

Silver could end up as the darling of the precious metals family when this all comes to a head, but so far, gold has held up better through this latest pullback.  Both metals are beginning to recover though.

[Revolt426]

Silver will out preform gold 3:1 - it is undervalued by about 8-10 Dollars as it is, wait till we have actual inflation.

Silver topped out around 50$ an ounce when gold was 850 in 1980 .... Now take that, adjust it for inflation..........

Gold is currently just above 900 - Silver is WAY Under valued.

Silver bullion/Coin is the way to go - I  bought Mercury Dimes and Silver Eagles, and kept every Silver Quarter/Dime i found too.

[New Whirled Order]

I sure hope you are right Revolt426, because I just massively increased my silver holdings during the holidays and then had my hours cut at work.

I've got a pretty good mix of Eagles, Maples, Morgan and Peace silver dollars, and quite a bit of 90% quarters and halves. 

[a ReVoLuTIONarY ideA]

What about palladium and platinum?  They are low right now compared to previous years.

[Matt Hatter]

Revolt is exactly right.

Silver is more volitile than gold. Silver out performs gold as the bull market nears a end, but it will also take a bigger plunge than Gold when the bull market ends. Ie in May 2008 silver went from $21 to $8.50 and gold went from $1033 to about $750. Gold is at $900ish in US dollars, but is at its all time high in almost every currency other than the $US, proof that it is holding up as a safehaven and will continue to make new highs as this crisis unfolds. I personally hold physical silver bars, coins and just recently silver mining companies.

Yes it is true that both gold and silver are heavily manipulated downwards but this is the paper market, where short selling is taking place and does not reflect the physical market. Manipulation always results in shortages, which is becomming apparent as physical gold and silver is becomming difficult to acuire in small quantities. This is resulting in basically a black market for the metals, where they are now trading for much higher than their spot(paper) price. Compare the prices on ebay.com(physical) and kitco.com(paper) and you will find people are paying almost double the price in physical silver, and about 30% higher for physical gold. So you definately want to hold real metal over paper, as the shortages will continue.

Yes there is the chance that they gov't will recall Gold, they did in 1933, and they will probably do it again. But if you think people are waking up, and we will win this battle, then investing in gold and silver may be a smart investment. You can always hide it, or barry it somewhere too.

Platinum and Pladium are also precious metals and will do well in the future, but have never been a monitary metal and most likely never will be which may limit it's potential value. Gold and silver have been money for 1000's of years, they are today still money, just not offical money. Gold and silver are a competing currency to all fiat currencies which is why they trade opposite of eachother. Platinum similar to silver has many industry uses, and platinum will be in heavy demand again if the hybrid vehicle market ever takes off, as these vehicles demand high platinum in the batteries.

If Gold returned to a monitary metal, and all fiat currencies were destroyed, gold would be about $10,000 a ounce.

Silver could easily be at $700 a ounce which would follow the historic 15:1 Silver to Gold price ratio set by Gallileo. I don't mean to get your hopes up or make outlandish predictions but if you follow wave cycles and fibbonici theories, this is what they are forcasted at. It is still going to be a while before we get to these numbers.

Silver is also becomming much more rare than gold due to industry uses for the metal. Film, medical equiment, all kinds of stuff. The whole world uses silver. To put it in persepctive There is about 500 Million Ounces of useable silver in the world or about .15 ounces per person on this earth. If you at least own once ounce of silver, you are doing pretty good. Remember silver and gold can only be dug out of the ground. Governments always debase their currencies by artifically inflating the money supply. This has happened for 1000's of years. Civilizations go from fractional reserve banking back to a gold standard, back and forth, back and forth. You can see what will be happening again. And this is when gold and silver will be most valueable.

[TruthDoesntFear]

i also invest in silver, the more it's used industrially the more scarce it becomes

[ChristSavage]

If you at least own once ounce of silver, you are doing pretty good.

Sweet, I have One Troy Ounce of Silver, it says that on the top center, .999 fine silver on bottom center, dated 2005 (20 on left, 05 on right) then the silver in the middle.  Received it as a high school graduation present with an inscription and a picture engraved on the back.  Boy am I glad I hung on to this for the last 4 years.

[a ReVoLuTIONarY ideA]

Palladium is at a 5 year low...close to 10 year low.  I think I'll snag an oz of that to hopefully just turn around and sell it in a few years for a profit.  I'm definitely getting multiple ounces of silver, and I may get some gold in a few months or so because it has decreased roughly $15+ per oz in the last week and I'm guessing it will continue decreasing.  This will be my first investment ever...yippy!

What do you guys think of the mineral "banks" they have where you can just pay them money and they put your name on gold/silver/etc, but you never see it?  I think it's a scam, and I want my gold/silver in my hands.

Hopefully the world doesn't collapse due to the bailout fraud and by the time I'm out of college I can by a shitload of stocks at dirt cheap prices and never have to work a day in my life!

[Matt Hatter]

NEVER leave your gold/silver in a bank. Hold it. Hide it, buy a safe and store it.

I believe it was Merill Lynch Bank, was selling paper certificates since 1980, and in 2007 they were exposed for never ever even onwing a ounce of silver.

Some places will provide you with a serial number so if you are going that route make sure they have the serial numbers to back up your order. Goldmoney.com is a good place to do this and James Turk is well respected in the Gold Metal scene. However, if a law or act gets passed confiscating your metal, you do not have a chance in hell in getting it out of there.

[a ReVoLuTIONarY ideA]

Where can I buy gold and silver at actual market values or at least reasonable prices?  Everywhere I've looked gold and silver are more than the actual market value unless you buy in massive bulk.

[Matt Hatter]

Call a mint in your area, or try a local coin shop, and some banks sell it as well. If you want to buy closer to market/spot prices expect delays. People selling at above market prices will usually be shipping/delivering immediately.

[thinice]

I'd invest in both, I do

[a ReVoLuTIONarY ideA]

Is it better to go with bullion or coins?

[grapecrusher1]

Is it better to go with bullion or coins?

Depends on your situation.  If you have less cash coins and smaller parcels are probably the way to go because you will have greater flexibility -- but will pay greater premiums for that ability.  Obviously it is tough to cut a chunk off your 10 oz bar of gold to go buy food for the next couple weeks.

[Matt Hatter]

Depends on your situation.  If you have less cash coins and smaller parcels are probably the way to go because you will have greater flexibility -- but will pay greater premiums for that ability.  Obviously it is tough to cut a chunk off your 10 oz bar of gold to go buy food for the next couple weeks.

Yes, silver has always been money of the people. Go buy a 90% silver bag of dimes or quarters, so if you must you can trade it for goods(food gasoline). The take the rest of your capital and buy gold bars or silver bars and hide them.

It is easily divisable, this is why these metals are considered money.

[landlord808]

Yes, silver has always been money of the people. Go buy a 90% silver bag of dimes or quarters, so if you must you can trade it for goods(food gasoline). The take the rest of your capital and buy gold bars or silver bars and hide them.

It is easily divisable, this is why these metals are considered money.

I agree with having a 90% bag but you have to remember that you would be one of the very few that has it.  You might look into a gun and ammo before you make any further investments. 
The bars could give you an amazing return or make you cry every time you look at them.  And again, you better be ready to defend yourself.  So many people out there are saying we are heading for New Currency.  I'm listening to Bob Chapman saying that the people of the world won't let that happen.  If he and others are right, then it could get ugly.