Start Buying Gold

[auntiehill]

Did we really need to exhume a nearly 4 year old thread for this?

Put this zombie back in the ground.

 

[TheMasterOfOrion]

Gold never crashed, its healthier than ever, in fact what crashed were the fake economies of Detroit and California are crashing!! The fake fiat US Dollar is crashing, the corrupt bankers have invested in paper money no longer backed by gold. Weak European economies suck the EU down and their fake Euro not supported by Gold is not a good investment. China keeps having to give the US bailouts as the US keeps breaking one glass ceiling after another and getting involved in war, after war.

The crash never came, Bernanke and the corrupt Federal Reserve are just manipulating the fake US Dollar, they are interfering in the market and forcing junk bonds.

Gold is doing great! It's not like paper money you can't keep printing it, gold is a rare metal, you have to dig to find this precious metal. To make fake wealth aka US Dollar, the Fed just runs the printing press and prints as much as they like.
Gold will never fall below 1000 bucks and its going to break 2000 soon

I recommend buying

 

[Nerys Myk]

I know a guy.....

 

[Locutus of Bored]

The OP is falling into the classic trap of investing more in something when it's already high. You get drawn in at the peak just before the price plummets.

Gold is an investment like any other. It goes up and it goes down. It's not a bad idea to include it as a part of your investment choices, but only a part. Mix it up with different types of investment vehicles for diversivication.

Gold has done well lately. The value has grown 26% annually from 2005-2008. Hence the ads you've seen. But, it's not unusual for an investment type to have a hot streak like this. So, how has gold performed overall? Well, the recent hot streak is the exception, not the rule.

From 1833 to 1970, the price of gold changed very little. In 1833 it was $20.65/ounce and in 1970 it was $40.80/ounce. From 1930-1970, it grew at an annual rate of 1.7%. After the 70s it did grow faster, at an average of 8.8% from the 70s to the present.

Gold Prices Will Be Rising Fast! The gold will be rallying on Syria, bullion was already over $1,200 and futures $1.20

Infraction for spamming.

You've been posting a lot of crazy nonsense in Miscellaneous lately, both posts and threads, and resurrecting a four year dead contentious thread from a banned troll just to add one silly line is the last straw. Knock it off.

Comments to PM, and this stupid thread is going back in the grave.