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-   -   Precious Metals Thread (http://www.mcarterbrown.com/forums/money-finance/222438-precious-metals-thread.html)

Painthappy 01-02-2013 10:29 AM

Precious Metals Thread
 
Gold and Silver on the move today, due to poor fiscal talks and the outcome.

Time to start stacking if you haven't already!

sniper97 01-21-2013 01:05 AM

I would buy silver over gold. Silver had a huge industrial use.

sniper42 01-21-2013 03:26 AM

Plus, silver is more barterable if it comes down to it. Not many people would be able to make change of your gold coin. So that would be one expensive loaf of bread if you are forced to pay with your gold coins.

Ryantuomi 01-21-2013 09:06 AM

sniper hits the nail on the head on that one. - Gold is better for bulk savings.. silver for useable daily cash

JLuke 01-21-2013 09:25 AM

Invest in brass/lead

Bullets and bullet accessories.

Cause if the world goes to hell, gold and silver wont do you much good :p

Murph 01-21-2013 09:34 AM

yeah I had crappy timing with my investments, at present if I were to sell I'd lose 3 bucks an ounce on silver.

I haven't really bought any gold but I got into gold panning as a hobby last year. Don't have much to my name since I'm still really figuring out the mechanics, but I have fun doing it, it's quiet and you can play in the sand in a river without being called immature and silly ;)

Painthappy 01-22-2013 07:57 PM

I agree, but I have a feeling we're in for a currency crunch. Not a collapse, but a major issue is coming.

I would hold more than 5%

Not everything in one basket, but more than that.

Painthappy 01-24-2013 09:40 AM

Buy Silver or Buy Bullets? Why not both?

Silver Bullet Bullion™

The Flounder 01-24-2013 10:20 AM

Now if they were real bullets.....

IRS: Sir you still owe us $200 from your late fees on your taxes 2 years ago
Citizen: Is that your building on 4th street?
IRS:Yes it is
Citizen: You are on the 5h floor right?
IRS: Yes?
Citizen: Go stand by the window and I will send it right over!

hmcl281 01-24-2013 11:39 AM

i been collecting silver coins as i find them


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