Saturday, December 15, 2012

Anyone here investing in gold & silver? - The Hull Truth - Boating ...

Old Yesterday, 07:27 PM
?

Join Date: Jan 2011

Location: Oregon Inlet NC

Posts: 776


Isn't gold at an all time high? Does not seem to be a good investment to me.

__________________
Hydra-Sport Vector 2200CC Yamaha F-250

Night Crawler is offline ? Reply With Quote
Old Yesterday, 07:50 PM

Senior Member

?

Join Date: Mar 2007

Location: New Orleans

Posts: 2,001


Hmmm. Gold. Buy high sell low?

Booker is offline ? Reply With Quote
Old Yesterday, 07:50 PM
?

Join Date: Jun 2010

Location: Raleigh/Southport, NC

Posts: 2,131


Quote:

you need to establish a "self directed IRA". Not a big deal really. You set it up and rollover a portion of your exiting IRA into the new "self directed IRA' which is thru a custodian or trust. This will allow you to hold physical gold albeit in a depository somewhere. You can also own a bunch of other stuff like rental property, privately held business shares etc.

Go to Apmex.com and look around their site for more info. Otherwise just by ETF GLD, but when the SHTF, I think the real thing would be better. If you want to purchase gold thru an IRA and then bury it in your backyard, you are shit out of luck though.

Thanks, I'll check them out. Might make sense to go the custodial route, then cash out and buy the real thing if needed.
jcbadabing is offline ? Reply With Quote
Old Yesterday, 07:54 PM
?

Join Date: Jan 2011

Location: Oregon Inlet NC

Posts: 776


Quote:

Hmmm. Gold. Buy high sell low?

Glad I am not the only one.

I'd like to have bought a shitpile of it 10 years ago.

__________________
Hydra-Sport Vector 2200CC Yamaha F-250

Night Crawler is offline ? Reply With Quote
Old Yesterday, 08:24 PM
?

Join Date: Sep 2003

Location: Mexico

Posts: 15,196


Banks now say its illegal to keep valuables and currencies in safe deposit boxes.

As far as the price goes, I have been a miner all my life and have been selling more equipment to gold, silver and copper miners than you can shake a stick at for the last 4 years.

So I am about to sell what I bought at 700 as I personally think that supply will continue to increase reapidly, even in these inflationary times.

Im buying new houses for around $60 a sq foot to rent.

__________________

?Oooooooooole'!

Bullshipper is offline ? Reply With Quote


Posting Rules

You may not post new threads

You may not post replies

You may not post attachments

You may not edit your posts


HTML code is Off


?

Source: http://www.thehulltruth.com/dockside-chat/471835-anyone-here-investing-gold-silver.html

lisa lampanelli bronx zoo memphis grizzlies celebrity apprentice grizzlies bronx zoo crash april 30

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.