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General Discussion

Dawson Leery

(19,358 posts)

29. Silver is projected to top 50 dollars later this year.

Reply to earthside (Reply #28)

Sun Jan 20, 2013, 09:12 PM

Jan 2013

Last edited Sun Jan 20, 2013, 09:52 PM - Edit history (1)

Whether or not this will actually happen is something we will have to wait to see.
The Precious Metals Markets are highly volatile.

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35 replies

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Highlight:

What do you make of investing in gold and silver? [View all] PM Martin Jan 2013 OP

A hat, or a brooch... Robb Jan 2013 #1

+1000 DainBramaged Jan 2013 #17

The only reason to invest in gold is to hedge against inflation Warpy Jan 2013 #2

I'd rather have land paid in full. HereSince1628 Jan 2013 #3

That's my investment choice as well. alittlelark Jan 2013 #5

land is good except you have to pay taxes on it every year. bubbayugga Jan 2013 #18

All true. And you can't eat a briefcase either. HereSince1628 Jan 2013 #24

no, but you can buy a lot of beans with a little bit of gold bubbayugga Jan 2013 #30

"And you can't get much food value from what grows on gold." Dark n Stormy Knight Jan 2013 #26

One ounce of gold will buy approxamately pipoman Jan 2013 #4

I bought into gold when it was $950 an ounce. bubbayugga Jan 2013 #19

kick PM Martin Jan 2013 #6

Please, please, please do not get the gold bugs started. TrogL Jan 2013 #7

Why is there such an obsession among the American right with gold? PM Martin Jan 2013 #8

More to the point, do the goldbugs not know that a gold standard is just explicit price-fixing? Recursion Jan 2013 #15

If you bought silver 6-8 years ago, it was certainly a great investment. Dawson Leery Jan 2013 #9

A great investment. earthside Jan 2013 #28

Silver is projected to top 50 dollars later this year. Dawson Leery Jan 2013 #29

kick PM Martin Jan 2013 #10

And ingot of gold produces nothing, employs no one, enriches no one's life 1-Old-Man Jan 2013 #11

does it have too? bubbayugga Jan 2013 #31

As a hedge, it has value. Dawson Leery Jan 2013 #35

A few things - The most important to me is that they never pay dividends or interest slackmaster Jan 2013 #12

Never understood that, Lurks Often Jan 2013 #13

Lucifer, not Thor n/t Fumesucker Jan 2013 #22

Oops, you're right n/t Lurks Often Jan 2013 #27

"Investing" implies there are fundamentals; gold has no fundamentals Recursion Jan 2013 #14

Mine has gone up 225% since the crash, late 2008 upi402 Jan 2013 #16

Gold is way overvalued. Science Geek Jan 2013 #20

I would say you were buying at the top. Nye Bevan Jan 2013 #21

I think it's gambling. nt bemildred Jan 2013 #23

If the world economy goes over the cliff, do you really think any amount of.... OldDem2012 Jan 2013 #25

Lose - lose right now. The margins are too wide and the prices are so high that you are guaranteed to Egalitarian Thug Jan 2013 #32

Would have been a great idea ten years ago. MrSlayer Jan 2013 #33

water and food datasuspect Jan 2013 #34