will rise or fall

slavaja said:
looks like leon was right
Click to expand...

in time it will rise again, so then the person that said it would rise at some point of time will be right. :rolleyes:
 
2nd_Hand_Gold_Man said:
is gold going to rise in the next month or fall?
your thoughts thank you
happy stacking to all
Click to expand...

I think it will be falling down still until the end of this year.
The US Feds (auntie Janet Yellen) said that the IR will be increased :o

See the below prediction:
1QnAcH7.png
 
masmas said:
2nd_Hand_Gold_Man said:
is gold going to rise in the next month or fall?
your thoughts thank you
happy stacking to all
Click to expand...

I think it will be falling down still until the end of this year.
The US Feds (auntie Janet Yellen) said that the IR will be increased :o

See the below prediction:
http://i.imgur.com/1QnAcH7.png
Click to expand...

That graph needs at least 4 more lines to make it convincing.
 
Flip a coin and you will be rite 50% most of the time (leon wasnt right he just flips a coin and this time it landed his way) :lol::lol: leon :lol::lol:
slavaja said:
looks like leon was right
Click to expand...
His last 7 predictions WERE WRONG.SO ON HIS 8TH flip of the coin he was rite? if i was leon with his winning odds/form of 1 in 8 wins or a 12.5 win rate and a 87.5% LOSS rate id NEVER GAMBLE AGAIN(OR OPEN MY MOUTH ON SS FORUMS............................................



HAPPY STACKING TO ALL
 
Rise or fall,don't we all wish we knew the answer to that question = $$$$$$$$$$$$$$$$

But saying that,if you buy Gold - For Profit - then you are buying it for the wrong reasons.

But if you buy it as history tells it's story being - Insurance - then it is business as usual.

This world and it's well documented drama's still has a long way to play out yet.

Buy Gold - Hold Gold - Sleep Well.

Goodnight :)
 
betterlatethannever said:
Rise or fall,don't we all wish we knew the answer to that question = $$$$$$$$$$$$$$$$

But saying that,if you buy Gold - For Profit - then you are buying it for the wrong reasons.

But if you buy it as history tells it's story being - Insurance - then it is business as usual.

This world and it's well documented drama's still has a long way to play out yet.

Buy Gold - Hold Gold - Sleep Well.

Goodnight :)
Click to expand...

Yes, that what Jim Rickards stated in his book.
I guess if you buy Gold for profits, then you must do the day-trading using COMEX, GDX, or any other instrument that is classified as paper gold.
 
I'd like to know how many who hold gold/silver and or still buying have a mortgage and or personal loan.
I'm also interested into the thinking of why hold or buy gold/silver when you have to pay interest on these loans.
 
betterinvestmentthanshare said:
I'd like to know how many who hold gold/silver and or still buying have a mortgage and or personal loan.
I'm also interested into the thinking of why hold or buy gold/silver when you have to pay interest on these loans.
Click to expand...

I have both, since investing in hard asset according to Jim Rickards and Bill Gross is the way to go in this uncertain times.

Plus, if you read this infographics, then you'll understand the future potential of Gold.

gold-in-2016.jpg

Source: http://www.visualcapitalist.com/

Hope that helps.
 
betterinvestmentthanshare said:
I'd like to know how many who hold gold/silver and or still buying have a mortgage and or personal loan.
I'm also interested into the thinking of why hold or buy gold/silver when you have to pay interest on these loans.
Click to expand...
;) mortgage and or personal loan free here ;)
Now if i did have a 200k loan and 100k of bullion onhand id be pretty much selling that 100k of bullion to throw at the home loan.
100k of bullion can become 90k of bullion over night (thems the risks of holding bullion)were as 100k of Fiat will be 100k of Fiat the next morning after the bullion has dropped 5% (or a drop of 6.3% as per the last week) and yes it can rise as fast as it falls . (at the end of the day holding gold long term and waiting for a profit is very risky.In 2020 gold could be lower than spot price today,then again it could be much higher (we hope) thats the RISK of holding onto gold(ITS A GAMBLE JUST LIKE SHARES )
Dont forget (and im sure you wont lol) a loan is compounded, and 100k off a loan(now) works out to be well over 160k off the loan over a 25yr mortgage......
Other than to dabble in small amounts of bullion for fun say 1K to 5K,id be selling up the rest and taking that FIAT straight into the bank to bring the loan down or pay it out(what ever the case may be).
Whats todays rates? 5% on a home loan?, 7% to 9% on a car loan, and a massive 24% and higher on the old credit card ALL COMPOUNDED (those devil banks at work again)
Better to bring the home loan down now, than to wait 5 to 10 years and take the chance the rates do jump to a possible 7,8,9%). and i know it can get nastier (been there) i was around when rates for a home loan were****** 18% PLUS******** OUCH:mad:
Home loans are the WORK OF THE DEVIL (LOCK EM IN FOR 30YRS AND SUCK EM DRY)............... my 2 cents worth
happy staking
 
2nd_Hand_Gold_Man said:
betterinvestmentthanshare said:
I'd like to know how many who hold gold/silver and or still buying have a mortgage and or personal loan.
I'm also interested into the thinking of why hold or buy gold/silver when you have to pay interest on these loans.
Click to expand...
;) mortgage and or personal loan free here ;)
Now if i did have a 200k loan and 100k of bullion onhand id be pretty much selling that 100k of bullion to throw at the home loan.
100k of bullion can become 90k of bullion over night (thems the risks of holding bullion)were as 100k of Fiat will be 100k of Fiat the next morning after the bullion has dropped 5% (or a drop of 6.3% as per the last week) and yes it can rise as fast as it falls . (at the end of the day holding gold long term and waiting for a profit is very risky.In 2020 gold could be lower than spot price today,then again it could be much higher (we hope) thats the RISK of holding onto gold(ITS A GAMBLE JUST LIKE SHARES )
Dont forget (and im sure you wont lol) a loan is compounded, and 100k off a loan(now) works out to be well over 160k off the loan over a 25yr mortgage......
Other than to dabble in small amounts of bullion for fun say 1K to 5K,id be selling up the rest and taking that FIAT straight into the bank to bring the loan down or pay it out(what ever the case may be).
Whats todays rates? 5% on a home loan?, 7% to 9% on a car loan, and a massive 24% and higher on the old credit card ALL COMPOUNDED (those devil banks at work again)
Better to bring the home loan down now, than to wait 5 to 10 years and take the chance the rates do jump to a possible 7,8,9%). and i know it can get nastier (been there) i was around when rates for a home loan were****** 18% PLUS******** OUCH:mad:
Home loans are the WORK OF THE DEVIL (LOCK EM IN FOR 30YRS AND SUCK EM DRY)............... my 2 cents worth
happy staking
Click to expand...

2nd_Hand_Gold_Man,

Many thanks for the sharing and the tips for investing in both Precious Metals and Property.

Ever since I read this news regarding Gold (by the best author on the subject of investing Jim Rickards and Bill Gross):

https://www.janus.com/insights/bill-gross-investment-outlook/august
http://www.bloomberg.com/news/artic...n-t-like-bonds-most-stocks-favors-real-assets

http://dailyreckoning.com/elites-new-case-gold/
http://portphillippublishing.com.au/2016/08/jim-rickards-the-new-case-for-gold/

All of them published in August 2016 hence I'm starting to accumulating physical Gold & Silver bullions aside from my property investment.

Let us know here if you have some other or better experts to follow in precious metals investing.

FYI, the current best rate that I can find so far is Westpac 15 years Interest Only loan @ 4.15% p.a
 
masmas said:
2nd_Hand_Gold_Man said:
betterinvestmentthanshare said:
I'd like to know how many who hold gold/silver and or still buying have a mortgage and or personal loan.
I'm also interested into the thinking of why hold or buy gold/silver when you have to pay interest on these loans.
Click to expand...
;) mortgage and or personal loan free here ;)
Now if i did have a 200k loan and 100k of bullion onhand id be pretty much selling that 100k of bullion to throw at the home loan.
100k of bullion can become 90k of bullion over night (thems the risks of holding bullion)were as 100k of Fiat will be 100k of Fiat the next morning after the bullion has dropped 5% (or a drop of 6.3% as per the last week) and yes it can rise as fast as it falls . (at the end of the day holding gold long term and waiting for a profit is very risky.In 2020 gold could be lower than spot price today,then again it could be much higher (we hope) thats the RISK of holding onto gold(ITS A GAMBLE JUST LIKE SHARES )
Dont forget (and im sure you wont lol) a loan is compounded, and 100k off a loan(now) works out to be well over 160k off the loan over a 25yr mortgage......
Other than to dabble in small amounts of bullion for fun say 1K to 5K,id be selling up the rest and taking that FIAT straight into the bank to bring the loan down or pay it out(what ever the case may be).
Whats todays rates? 5% on a home loan?, 7% to 9% on a car loan, and a massive 24% and higher on the old credit card ALL COMPOUNDED (those devil banks at work again)
Better to bring the home loan down now, than to wait 5 to 10 years and take the chance the rates do jump to a possible 7,8,9%). and i know it can get nastier (been there) i was around when rates for a home loan were****** 18% PLUS******** OUCH:mad:
Home loans are the WORK OF THE DEVIL (LOCK EM IN FOR 30YRS AND SUCK EM DRY)............... my 2 cents worth
happy staking
Click to expand...

2nd_Hand_Gold_Man,

Many thanks for the sharing and the tips for investing in both Precious Metals and Property.

Ever since I read this news regarding Gold (by the best author on the subject of investing Jim Rickards and Bill Gross):

https://www.janus.com/insights/bill-gross-investment-outlook/august
http://www.bloomberg.com/news/artic...n-t-like-bonds-most-stocks-favors-real-assets

http://dailyreckoning.com/elites-new-case-gold/
http://portphillippublishing.com.au/2016/08/jim-rickards-the-new-case-for-gold/

All of them published in August 2016 hence I'm starting to accumulating physical Gold & Silver bullions aside from my property investment.

Let us know here if you have some other or better experts to follow in precious metals investing.

FYI, the current best rate that I can find so far is Westpac 15 years Interest Only loan @ 4.15% p.a
Click to expand...
NO WORRIES AT ALL MATE.BEST WISHES AND KIND REGARDS, AND BEST OF LUCK IN IN WHAT EVER YOU DO
2ND HAND GOLD MAN
 
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