Why would you buy gold in this enviroment?

Discussion in 'Gold' started by mmissinglink, Feb 20, 2015.

  1. mmissinglink

    mmissinglink Active Member

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    mmissinglink, Feb 20, 2015
    #1
  2. 1for1

    1for1 Well-Known Member

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    Lol.. i call BS after the first sentence..

    "With the FED likely to hike rates in June" - ROTFL!!! mmwahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

    As Heli Ben B says.. i refute your premise!

    Also this bag-a-balls site blocks you after 20seconds demanding you to join.. damn ambush sites.. no thanks.
     
    1for1, Feb 21, 2015
    #2
  3. leon1998

    leon1998 Member

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    If you followed advices from Seekingalpha; you would have lost your pants, already.

    :lol:
     
    leon1998, Feb 21, 2015
    #3
  4. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Yes, its a terrible time to buy gold. So sell me every ounce you have ASAP ;)
     
    Clawhammer, Feb 21, 2015
    #4
  5. dragafem

    dragafem Well-Known Member Silver Stacker

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    at what price? :p
     
    dragafem, Feb 21, 2015
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  6. Peter

    Peter Well-Known Member

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    Why buy now?


    Because nobody knows what will happen next.
     
    Peter, Feb 21, 2015
    #6
  7. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    You're better off selling your gold to me now at a LOWER than market price, because tomorrow it MAY go even lower than that! Its a really scary situation... and the only thing that will save you is to sell me your gold.

    Insert evil laugh and devil emoticon :)
     
    Clawhammer, Feb 21, 2015
    #7
  8. Snoopy

    Snoopy Member

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    But, but, but Greenspan said it is a good buy ...
     
    Snoopy, Feb 21, 2015
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  9. sterling-nz

    sterling-nz Well-Known Member

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    sterling-nz, Feb 22, 2015
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  10. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Why buy now?

    If I lived in Greece, I'd be buying gold, hand over fist.

    Apart from that, there's countries with very high rates of inflation, some are:

    Russia, Venezuela, Sudan, Iran, Malawi, Belarus, Ghana, Mongolia, Eritrea, Ukraine, Liberia.

    It's too late to buy gold once inflation sky-rockets or your paper currency drops off the cliff (Russian Rouble)
     
    Holdfast, Feb 22, 2015
    #10
  11. greyman68

    greyman68 New Member

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    You buy when it is cheap, sell when it is high, common sense isn't.
     
    greyman68, Feb 23, 2015
    #11
  12. BoliverT.

    BoliverT. New Member

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    I buy because I watched to many episodes of Gold Rush and become infected with gold fever!
     
    BoliverT., Feb 25, 2015
    #12
  13. silverprepper999

    silverprepper999 New Member

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    I buy to hold for 30 years, and spend when I retire on road trips arround the world. :D
     
    silverprepper999, Feb 25, 2015
    #13
  14. tolly_67

    tolly_67 Well-Known Member

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    In 30 years the U.S. dollar will be toast....so your trip around the world could, after exchange rate difference, actually be a trip to the beach for a week. $1000 silver could be $200 Aussie...I hope you have a couple of hundred kilo to make it worth your while
     
    tolly_67, Feb 25, 2015
    #14
  15. silverprepper999

    silverprepper999 New Member

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    Gold retain purchase power, regardles to curreny. Gold is money. Dollars are currency.
     
    silverprepper999, Feb 25, 2015
    #15

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