If gold and silver is set to keep going up, why is it being sold in mass? | |
Loadz
(OP) User ID: 4350184 Bahrain 04/30/2012 04:10 AM Report Abusive Post Report Copyright Violation | |
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Loadz
(OP) User ID: 4350184 Bahrain 04/30/2012 04:27 AM Report Abusive Post Report Copyright Violation | They are just pumping and dumping to churn out fast cash for now. I think their ideology is why wait years for a return on investment when credit is cheap and they can make a pretty penny today. Quoting: Anonymous Coward 1372499 Hmmm...yeahhhh....makes sense but why they aren't buying gold or silver in mass bulk is beyond me. Unless they're doing it secretly. Loadz |
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Anonymous Coward User ID: 12671811 United States 04/30/2012 11:05 PM Report Abusive Post Report Copyright Violation | Here in America, we have cash4gold and half a billion little shops like it. All corporate places take gold and silver too... Quoting: Anonymous Coward 1348050 no corporate places take gold and silver. WTF are you talking about? Mom and pop shops might take gold and silver, but try checking out at wal-mart with silver bars. that shit won't happen. |
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Anonymous Coward User ID: 8397139 United States 04/30/2012 11:18 PM Report Abusive Post Report Copyright Violation | ..the next bubble about to burst..NEVER have a commodity more than 5% of your portfolio...period...never ever...why would ANYONE sell gold/silver if paper is worthless... Quoting: Anonymous Coward 13422784 What worries me is the government raiding retirement accounts. Heck, all out market collapse even. What is a safe hedge against these things? Seriously asking, thanks :-) |
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Anonymous Coward User ID: 13424880 United States 04/30/2012 11:27 PM Report Abusive Post Report Copyright Violation | The Central banks have been accumulating real gold over the past few years. Quoting: Anonymous Coward 13424880 They want the peons to sell their gold at the Cash for Gold stores, etc. [link to articles.economictimes.indiatimes.com] |
Anonymous Coward User ID: 8397139 United States 04/30/2012 11:37 PM Report Abusive Post Report Copyright Violation | ..the next bubble about to burst..NEVER have a commodity more than 5% of your portfolio...period...never ever...why would ANYONE sell gold/silver if paper is worthless... Quoting: Anonymous Coward 13422784 What worries me is the government raiding retirement accounts. Heck, all out market collapse even. What is a safe hedge against these things? Seriously asking, thanks :-) 5% seems low to me, especially in light of the fact that the US dollar is a swiftly eroding fiat currency... So, what is the hedge if not PMs? Seriously - someone who is more knowledgeable than I please answer! Thanks :-) |