So today I was searching my sock draw and came upon a time machine, so I figure may as well make me some cash with my discovery. So I decided to travel back to the year 2000 cause y2k was so boring first time around! While I am there I have 10K in my back pocket to buy some Ag, so what I want advice on is "what would you spend 10k on in the year 2000?". Should I buy 1oz s1 lunar dragons? Or maybe 1oz proof dragons? Or 100oz Pm bars? Or y2k Pandas? Or other Ag of your choosing?? So when I get back to the year 2011 I hope to cash in my purchases and buy....
use that $2.7m to buy silver at (quick look at Kitco prices in '07) $15/oz. Sitting on 180,000 ounces, sell it all in 2011 when it's nudging $50/oz, let's say sell at $48/oz. Turn your $10,000 into $8.64m in 11 years. Buy property, a nice european blonde and retire easy
Do a back to the future and take your 10 grand and a book with betting and lottery results back to 2000 and spend the next decade winning every bet and lottery going - use your vast wealth to build a huge pyramid of silver and await the end of days (2012) in glistening anti-bacterial comfort.
@ ~ $5 and oz in y2k you could have brought 2 X 1000oz blocks for 10k, NOW worth ~$80k ATM, would you have done better then that with dragons or pandas? ** EDIT** Anyone know issue price of series 1 dragons/pandas???
some of your money will appear counterfeit as the serial numbers on the notes would not be in use in 2000 - anything bought via official channels may be problematic
so you would get yourself a one ounce gold coin and put it into a safe. You would travel into the future by 1 day, open the safe and take out that gold coin. You would travel back to the past by 1 day less one minute. You would open that safe and deposit that gold coin next to the gold coin that was already in there. You would then travel into the future by 1 day, open the safe and take out those 2 gold coins. You would travel back to the past by 1 day less one minute. You would open that safe and deposit those two gold coins next to the two gold coins already in there. etc etc etc Do it 28 times and you would have over 1 million ounces of gold. Sure would be heavy moving all that gold around though, and it would probably violate some universal law anyway. Probably better off sticking with betting via a lottery or sports almanac.
I like the way you're thinking, Silverperch. Reminds me of the time my father got out a chessboard, and said "Hey, let's put 1c on the first square, 2c on the next, then 4c, then 8c, then 16c and so on". We figured out that there was no way we could fill the board unless we were Bill Gates et al.