Silver/Gold

[zesty]

http://www.stocks-for-beginners.com/gold-market-price.html

I think we're in a spike right now.

 

[Bass Akwards]

how many ounces do you have? And also more details about you flatware.

 

[Bass Akwards]

Also, gold and silver is not just about the USA's economy........

 

[Outlander]

Also, gold and silver is not just about the USA's economy........

So true! It has purchasing power the world over.

 

[Outlander]

I have 60 pcs of sterling flatware. How much per Ounce you Offering?

Your best bet is to go to a broker or dealer to maximize your $$$$. I am only buying at estate or garage sales and if I can get it for rock bottom $. I take my sister-in-law with me as she is a "silverware" guru.

 

[jcountry]

I don't own a bunch of gold and silver, but I wish I did! I sure wish I had ignored Clark Howard when has said it was a total ripoff at $500 per ounce. I do understand that commodities can crash hard, but I am more worried about the dollar collapsing.

The U.S. has borrowed insane amounts of money, and we are just coasting on the goodwill of nations which are stupid enough to lend us more. Once the music stops, everyone better have a chair.

 

[jrr888]

The question is, what do you want to be holding when the music stops...paper coupons?

 

[mgonza]

Nothing inherently wrong with owning gold and silver as an investment. But as others have said, it's probably not the best time to get into that market. I'm just suspicious of all the people selling gold right now, all the ads on TV, etc...if my FRNs are so worthless and their gold is so valuable, why are they willing to trade the former for the latter?

If a real SHTF is really coming soon, you're better off stocking up on lead and brass rather than gold and silver.

^X2

 

[Bass Akwards]

Gold was +\- $500 an oz, seeing no significant gains for nearly 20 years. Had you FULLY listened to C H back then you would have invested into the stock market (appl, goog, etc) and taken 5000% + gains and had much more cash to pay retail for gold/silver at todays prices.

Have you seen most poeples 401's and stocks in the last 10 years, oh the horror stories I have heard. When your money zero's there is nothing left. Atleast you still have the metal.

 

[Bass Akwards]

What I see is that it is going up. Do let me say, I'm am not trying to be negitve here, trying to get a better understanding.But I have not heard of any one crying about a loss in thier precious metal portion of their portfolio.