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Investing In Gold/Silver

Discussion in 'BlackHat Lounge' started by ahiddenman, Mar 30, 2011.

  1. ahiddenman

    ahiddenman Elite Member

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    Is anyone doing this at the moment , In the UK gold investments and Gold brokering is becoming very popular as the prices are increasing rapidly and by the end of 2011 they reckon that gold will double your ROI .

    Time to buy some bullions , Anyone else?
     
  2. javedrehman56

    javedrehman56 Regular Member

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    problem is Gold and silver price is raising only bcz everyone in the world buying both these

    higher demand = higher the rate

    i duno when i am dam sure that the rate for both will fall soon very soon
    and if once it fall a bit everyone will start selling silver and gold he have bought as an investment

    that will make rate for both falling

    personal i think this duno about other
     
  3. DamnTees

    DamnTees Junior Member

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    I agree. Precious metals are all the rage these days but its only a matter of time before the bubble bursts and people lose out on their money. I mean good grief it's hard to read a magazine or listen to the radio or even watch tv without hearing about what a damn good investment this is. Kinda reminds me of the housing market. Every man woman and child was flipping houses it was all the rage and then COLLAPSE.

    The good news is I hear that precious metals keep up with inflation
     
  4. character

    character Regular Member

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  5. character

    character Regular Member

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    both wrong.. the US keeps printing more millions and millions and its backed up by nothing

    NOTHING

    silver and gold are not bubbles that are going to burst (like what inflation did to the housing market) its going to keep going up and up and up and up and up while the dollar falls and becomes WORTHLESS

    dont believe me/the facts? hold your US dollars and you will see how little you can do with them in a few months - to a year..
     
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  6. navone

    navone Registered Member

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    When any chart shoots up the way gold/silver have, it's time to sell. For people who say the US dollar is gonna be worthless, just short it then. There is more to the price of silver than just US currencies worth. Gold and silver have done this before, US screwing their currency is nothing new.
     
  7. character

    character Regular Member

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    I bet your ass I'll be posting on this thread in 6 months. Silver was less than $5/oz in 2001, its currently at a little over $37/oz and will be hitting $40/oz soon

    Yea you can say that "US screwing their currency is nothing new" but what do you really mean?
    That the economy is fucked? Yep
    Has it been getting better, or just worse? Wayyy worse
    Are we owing more trillions every month? Yep
    Is unemployment rate increasing? Yep
    Are more states failing? Yep

    but yea "youre right" silver and gold are going to go back down and the US will be just fine :D /sarcasm

    BTW like mentioned in the other USD thread, watch this:

    http://www.youtube.com/watch?v=ZPWH5TlbloU
     
  8. reishii

    reishii Junior Member

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    Buy silver the price is much more affordable than gold and its still raising...you want silver talk to me.
     
  9. Chronos

    Chronos Junior Member

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    I have about 500 oz of silver bullion. Bought it back in '08 when the economy first got bad.

    I bought it all at about 6-7$/oz. It's at 35$+ now. I'm a very happy person, but it really doesn't matter because I'm going to save it for an "end of days" type scenario. Where everything will be traded in goods and services, and bullion.
     
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  10. crsk8andsno56

    crsk8andsno56 Senior Member

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    There are a lot of blind assumptions in this post that are wrong.

    The economy has been improving greatly in the last few months. I can post stats if you'd like. The worst of the recession is behind us. Unemployment is down also. Our economy works in cycles. We are going to be on the up soon.

    Gold and Silver aren't actually backed by anything really.. Just the demand and value that people put into them. If I were to guess I'd say that the people who invested in the late 90's early 2000's are going to be the ones with a lot of profit. You're too late in the trend right now would be my guess.
     
  11. jvitalii

    jvitalii Newbie

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    BTW silver is very often "Sold Out" at my official source. It tells you something. And so far it consistent 50-60 %/year ROI. I have an excess to new affiliate business with gold kinebars. If interested - PM me.
     
  12. zelok

    zelok Newbie

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    The best and most profitable way to buy silver is from the forex market. You buy silver against the US dollar. Just make sure you have enough margin so the trade does not close on you if the price of silver went down a bit. I was bought some silver a few days ago and I made 100% ROI in just 2 days. I only invested $70 though.
    No need to buy actual silver when you can trade it online.
     
  13. character

    character Regular Member

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    Oh really... :cool:

    Yea yea yea.. thats what you hear on the news. Its going to take DECADES to fix the debt that the US is in now. The worst of the recession is behind us? Son shit is still hitting the fan its going to get worse before it gets better and at this point the US is still printing money, what does that tell you? Think

    LOL the USD is worthless, silver and gold are worth more each day in every single country across world

    Just goes out to prove how little you know.. silver was ~$10/oz in 2009, and now its over $37 . You must know jack shit about investing, and you know less about when I started investing in silver myself. Turn on the tv watch some jersey shore, listen to some justin bieber and continue to get fucked in the ass by your ignorance. :D
     
  14. TheRealRazzy

    TheRealRazzy Jr. VIP Jr. VIP

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    When that bubble bursts I'll be the first one on board to invest my money into Gold and wait 20 years :D

    History tends to repeat itself :)

    Hopefully that bubble bursts in my lifetime lol.
     
  15. zelok

    zelok Newbie

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    I got a pm about which website do I use to trade the silver. You can trade on any forex trading website. You may google them and choose anyone that offers silver trading. I personally use a company called Oanda because they have low spreads(the difference between the bid price and the ask price)
     
  16. zelok

    zelok Newbie

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    Oh by the way, the symobl for silver is XAG... you can see how the silver performed historically against the USD by googling XAG/USD chart
     
  17. character

    character Regular Member

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    and up it goes :)

    [​IMG]
     
  18. J1218

    J1218 Power Member

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    Where do you buy this stuff from anyway? I know this is a noob question, but I've never really looked into buying silver or gold, I've only heard about it.

    Is there like 1 main source, or are there tons of different places to invest in it?
     
  19. killer2021

    killer2021 Regular Member

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    Personally I think its over priced at the moment. Sold most of my bullion personally. I was buying back when silver was 10$/ounce and gold around 600$!! Its a bubble. I made like 300% on my silver and 200% on my gold, NICE.
     
  20. efwebs

    efwebs Regular Member

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    I have gold and silver. Silver is probably a better buy right now.

    It should continue to go up since inflation continues to be "a threat"....whether that's true or not doesn't matter, just what people think.

    As we get more out of the recession, inflation should go up though.

    If you just want the investment and not the physical product, you can put your money in shares of GLD or SLV, which you can sell off quickly if need be, and have automated stops in place.

    Some people laugh about buying when it's high, but any investment that is doing well is at new highs. You could of laughed at Apple at 100, and you would of missed out.

    I recently made a site about this. I will PM anyone a link, but I don't want to spam it here.
     
    Last edited: Mar 30, 2011