Im only buying Gold from now on

Discussion in 'Gold' started by RetardedMonkey, Sep 23, 2011.

  1. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

    Joined:
    Apr 13, 2011
    Messages:
    4,062
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Brisbane, Australia
    Hi,

    Im a retarded monkey, and im a silver addict.
    But things have to change.

    Gold is wealth. Time has proven this.
    Silver seems its just a rollercoaster with endless rises and dips.

    I get the impression that silver is to gold as what Paris Hilton is to the Hilton name.
    The useless, spoilt one who just tries to tag along for the ride.

    Sorry for this rant.
     
  2. fishball

    fishball New Member Silver Stacker

    Joined:
    Apr 11, 2011
    Messages:
    6,509
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Shin Sekai Yori
    The fundamentals of Silver are still there, just need to be patient until the world wakes up to the real value of Silver.

    There will be ups and there will be downs along the way.
     
  3. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    581
    Trophy Points:
    113
    No! It's going to go to a GSR of 15, then parity! :lol:

    In the big picture, regardless of whether gold or silver is the ultimate precious metal in performance terms, whatever you pick - at least you're backing one of the two winning horses - second always pays. 99% of the population aren't even at the racetrack.
     
  4. Lunarowl

    Lunarowl Active Member Silver Stacker

    Joined:
    Jun 6, 2011
    Messages:
    2,326
    Likes Received:
    19
    Trophy Points:
    38
    Location:
    Lala-land [Sod-nee]
    I though we need the 99% of the population to join racetrack late, in order for us to win?
     
  5. Silverthorn

    Silverthorn Well-Known Member

    Joined:
    Apr 29, 2010
    Messages:
    2,505
    Likes Received:
    28
    Trophy Points:
    48
    Kitco has the one year change for gold at 35% and silver 72%.
     
  6. Wout

    Wout New Member

    Joined:
    May 8, 2011
    Messages:
    502
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    and they will eventually, but things have to get pretty bad before they wake up and even then alot of them wont realise whats happening
     
  7. Guest

    Guest Guest

    I have both Silver and Gold and have done since I started stacking. I absolutely don't care at all that gold is at 'record highs' in terms of 'paper value'.

    I'd rather hold an ounce of gold than $1800 in fiat anyday thanks.
     
  8. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

    Joined:
    Feb 23, 2011
    Messages:
    5,465
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    The Land of Guilty by Default
    if i may ...

    gold is the very best store of wealth ... but silver is the best creator of wealth in these times IMHO
     
  9. Yippe-Ki-Ya

    Yippe-Ki-Ya New Member

    Joined:
    Feb 23, 2011
    Messages:
    5,465
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    The Land of Guilty by Default
    Boss - now you're just teasin' ... or is it stirring ?? :lol:
     
  10. Guest

    Guest Guest

    Why not 1oz of gold and $1800 worth of Silver?

    I like that 50/50 option better :)
     
  11. Guest

    Guest Guest

    GSR being 15/1, probable in my opinion...Given the fact it has mostly hovered around this level all around the world for thousands of years.
     
  12. Wout

    Wout New Member

    Joined:
    May 8, 2011
    Messages:
    502
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    But it wasnt used industrially back then, back then it was considered money so I have doubts about the 16/1 argument. I hope it happens and Im bullish long term but I have doubts
     
  13. Guest

    Guest Guest

    I believe that it's the mainstream propaganda pushing the line that silver is not seen as money like gold. Gold and silver get manipulated down together like peas in a pod. The correlation in their price movements is unmistakable.
     
  14. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    really? :D
     
  15. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

    Joined:
    Apr 13, 2011
    Messages:
    4,062
    Likes Received:
    17
    Trophy Points:
    38
    Location:
    Brisbane, Australia
    can't really compare what I just bought to normal metals :p
     
  16. aleks

    aleks Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    2,210
    Likes Received:
    27
    Trophy Points:
    48
    Location:
    Karl-Marx-Allee
    Knowing how bad the current global economic problems are and not owning any gold is like considering self harm.
     
  17. silverfunk

    silverfunk Active Member

    Joined:
    Mar 21, 2010
    Messages:
    1,503
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Winterfell
    I sold 1/10 of my silver stack during the last parabolic move around Easter, was quite happy with the result having doubled my money. Have not purchased any silver since then and any left over money has gone into Gold.
     
  18. Austacker

    Austacker Active Member

    Joined:
    Feb 26, 2010
    Messages:
    2,830
    Likes Received:
    1
    Trophy Points:
    36
    Location:
    The Wild West
    Not being a heavy hitter, what is a good amount of Gold to have ?
     
  19. Austacker

    Austacker Active Member

    Joined:
    Feb 26, 2010
    Messages:
    2,830
    Likes Received:
    1
    Trophy Points:
    36
    Location:
    The Wild West
    Thanks mate, I am in that area now, so I suppose the target should be to get to about 10oz + would be nice :)
     
  20. silverfunk

    silverfunk Active Member

    Joined:
    Mar 21, 2010
    Messages:
    1,503
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Winterfell
    I am aiming to accumulate 1kg of Gold, thats my aim within 5 years. But even 1/2kg is a good insurance policy.
     

Share This Page