Re: Buying Gold
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RollerCam</div><div class="ubbcode-body"><span style="font-weight: bold">QUOTE:</span> <span style="font-style: italic">"As to the idea that those with gold will be better off after the asteroid hits, I am dubious."</span>
Most people that I know didn't <span style="font-style: italic">"get into gold"</span> in order to make big profits. They did it as <span style="font-weight: bold">wealth preservation</span>. My former financial adviser hates physical gold; but he'll gladly sell me paper gold. He just can't get his "little bite" from the precious metals that I own, so he 'runs down' physical gold, every chance he gets. His luxurious lifestyle revolves around the 'worth' of paper.
I'm expecting to see hyperinflation hit our country. Gold and silver in my safe makes me sleep better at night. If you truly expect a big turnaround in the financial health of the USA, then you'll want nothing to do with physical gold or silver. </div></div>
Well said, lad, well said.
I bet your broker is the same type who advised their clients "the market is fine, just relax and let me handle it". He doesnt give a shit if you lose...he got his when you bought in. Fuck the brokers...look out for your own portfolio. Paper gold is worth just that....paper.
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: RollerCam</div><div class="ubbcode-body"><span style="font-weight: bold">QUOTE:</span> <span style="font-style: italic">"As to the idea that those with gold will be better off after the asteroid hits, I am dubious."</span>
Most people that I know didn't <span style="font-style: italic">"get into gold"</span> in order to make big profits. They did it as <span style="font-weight: bold">wealth preservation</span>. My former financial adviser hates physical gold; but he'll gladly sell me paper gold. He just can't get his "little bite" from the precious metals that I own, so he 'runs down' physical gold, every chance he gets. His luxurious lifestyle revolves around the 'worth' of paper.
I'm expecting to see hyperinflation hit our country. Gold and silver in my safe makes me sleep better at night. If you truly expect a big turnaround in the financial health of the USA, then you'll want nothing to do with physical gold or silver. </div></div>
Well said, lad, well said.
I bet your broker is the same type who advised their clients "the market is fine, just relax and let me handle it". He doesnt give a shit if you lose...he got his when you bought in. Fuck the brokers...look out for your own portfolio. Paper gold is worth just that....paper.