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Buying Gold and other investments

Discussion in 'Channel Zero' started by Dawood, Mar 7, 2008.

  1. Dawood

    Dawood Elite Member

    Joined: May 8, 2002 Messages: 4,677 Likes Received: 147
    Gold is off the charts right now. It's about to hit a G. I kick myself in the ass for not backing the truck up to the gold factory back in '04. I watch the prices of Gold everyday
    hoping for it to take a dive so I can jump in and buy up a gang of ounces, but it keeps climbing.

    (probably the wrong forum for this , but)
    Anyone else know any good investments?

  2. Q666

    Q666 Veteran Member

    Joined: Oct 30, 2006 Messages: 6,642 Likes Received: 206
    A Butt Funnel.
  3. Theo Huxtable.

    Theo Huxtable. 12oz Loyalist

    Joined: Jun 25, 2005 Messages: 12,706 Likes Received: 238
  4. H. Lecter

    H. Lecter Senior Member

    Joined: Sep 15, 2004 Messages: 1,844 Likes Received: 4
    Should've bought it in 04!

    If you did'nt buy it when it was low, and your money is in dollars, it's tough..
    When the dollar goes down, gold goes up..
    so the only way to get on the other side of that trading gold with dollars is to take futures "options" on gold.. and that's not always such a good bet.
    I suggest selling any gold you now have, and buying dollars cheap..
    Gold is to 2003 what dollars are to 2013..
  5. eatso

    eatso Elite Member

    Joined: Oct 10, 2006 Messages: 4,668 Likes Received: 142
    I'll just second butt funnel and leave it at that.
  6. This is my name

    This is my name Banned

    Joined: Nov 18, 2007 Messages: 0 Likes Received: 1
    Yeah right now would be a bad time to invest in gold... People are usually pretty quiet about what is good to invest in; as with pretty much everything, do your research!
  7. Blood Feast Island Man

    Blood Feast Island Man Elite Member

    Joined: Apr 19, 2006 Messages: 3,236 Likes Received: 59
  8. H. Lecter

    H. Lecter Senior Member

    Joined: Sep 15, 2004 Messages: 1,844 Likes Received: 4
    if you earn and bank in dollars, basically everything is one sale right now with the exception of gold and foreign assets.. the entire US economy from stocks, to bonds to property is on sale
  9. Milk Grenades

    Milk Grenades Dirty Dozen Crew

    Joined: Mar 4, 2004 Messages: 15,796 Likes Received: 511
  10. earl broclo ESQ

    earl broclo ESQ 12oz Loyalist

    Joined: Feb 3, 2007 Messages: 14,912 Likes Received: 937
  11. CMF

    CMF Elite Member

    Joined: Nov 20, 2004 Messages: 2,515 Likes Received: 120
  12. Brewster Baker

    Brewster Baker 12oz Loyalist

    Joined: Sep 11, 2003 Messages: 13,014 Likes Received: 532
    i should sell my fronts ha..
  13. HydrogenPeroxide

    HydrogenPeroxide Elite Member

    Joined: May 1, 2006 Messages: 2,672 Likes Received: 88
    yeah, US property is cheap right now because of the mortgage crisis, isn't it?

    i want to get a container and load it up with stuff from china. manufacturers there are practically giving stuff away.
  14. Poesia [ ] T

    Poesia [ ] T Veteran Member

    Joined: Jun 4, 2007 Messages: 7,680 Likes Received: 513
    yeah i hate buying high, you might see some gains but will have the most risk. Property is amazing right no in certain area's. Also looking at some mortgage and real estate stock might be an option, as they have been hammered the last 9 months and are all selling at huge discounts. With the stimulus package raising FHA loan limits across the nation, we will see a boost in activity. Also most banks have corrected there lending mistakes, and solid profits should entail.
  15. HydrogenPeroxide

    HydrogenPeroxide Elite Member

    Joined: May 1, 2006 Messages: 2,672 Likes Received: 88
    i don't know anything about investing but i pay attention to the business reports and it always seem like banks are solid investments. record earnings every quarter