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I just bought two gold coins

Started by lester1/2jr, February 28, 2008, 05:32:11 PM

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lester1/2jr

gold fever


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

lester1/2jr

they've already gone up 15 dollars

Captain Tars Tarkas

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.

Ed, Ego and Superego

#3
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
Quantum materiae materietur marmota monax si marmota monax materiam possit materiari?

Si Hoc Legere Scis Nimium Eruditionis Habes

lester1/2jr

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.