Gold hitting new highs daily

[Jim H]

Ah... I have no extra money to invest in anything (unless of course, "Penny Stocks" really take after their name.) So, personally, I could care less if Gold rises or falls.  Seems to me like, no matter what, the current economy in the area I live is still going to suck.

Did you know though some people invest in wine?  That's pretty funky... never thought that'd be something you could put money in.

Wine makes perfect sense as the better wines consistently go up in value if you hold onto them long enough.  You just have to make sure you can store them properly. 

You can do the same thing with cigars.  Did you know there are stores that specialize in PRE-EMBARGO Cubans?  Which means they have cigars from the fifties and earlier.  Crazy.  And CRAZY expensive.

[lester1/2jr]

my brother in law is a survivalist guy and he has cigars in with his gold and god knows what else in his safe. I was wondering about that, if they would stay good.

[Jim H]

my brother in law is a survivalist guy and he has cigars in with his gold and god knows what else in his safe. I was wondering about that, if they would stay good.

It's a lot like wine, except that temperature AND humidity are very important (more humidity than temp actually).  Have to watch both.  From what I've seen in cigars though, they go bad easier and quicker than wine does.  I would be very uncomfortable storing any overly expensive cigars, myself. 

For reference, I remember reading a pack of 5 pre-embargo Cubans cost more then $12,000 - and that was a number of years ago.

[lester1/2jr]

yeesh. QE2 putting it near 1400.

Federal reserve is really determined to kepe people from enojoying low priced goods.

[lester1/2jr]

1405.00 for a one ounce piece of metal, ladies and germs

http://www.kitco.com/charts/popup/au24hr3day.html