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Other Topics => Off Topic Discussion => Topic started by: lester1/2jr on February 28, 2008, 05:32:11 PM

Title: I just bought two gold coins
Post by: lester1/2jr on February 28, 2008, 05:32:11 PM
gold fever (http://www.bulliondirect.com/catalog/showProductDetail.do?id=175433586)


980 each at a local antique store.   I have been following this trend and decided to get in on it.  should be fun to watch, unless it totally tanks which would not be fun really at all
Title: Re: I just bought two gold coins
Post by: lester1/2jr on March 03, 2008, 10:12:28 AM
they've already gone up 15 dollars
Title: Re: I just bought two gold coins
Post by: Captain Tars Tarkas on March 03, 2008, 01:52:13 PM
The dollar is going to continue to tank all year thanks to the mortgage explosion, those coins are going to keep going up for a while.
Title: Re: I just bought two gold coins
Post by: Ed, Ego and Superego on March 03, 2008, 07:24:59 PM
Years ago, my wife's father bought a bunch of gold Kruggerands as an investment. Her little brother (then 3) found them and took them out into the yard to play, they only recovered a couple.  I bet the next owners of the house were thrilled.

-Ed
Title: Re: I just bought two gold coins
Post by: lester1/2jr on March 03, 2008, 07:29:10 PM
hahaha



I don't see it as buying really.  I'm moving my money from my bank account, which gets 3 percent, to something that is getting a lot better.

we had 1% inflation in JANUARY.. that's a 12& yearly rate.  if you aren' gettin at least 12 percent interst you are basicall LOSING money.  and most funds are going DOWN.