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Thread: Investing

  1. #1
    Let's fly now Gilly's Avatar
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    Default Investing

    Currently, gold and silver are two of the most reliable and, in the long run, potentially prosperous investments that can be made by people with the capital to put forth. The demand for fine metals has increased dramatically in the last 20 years. One can only expect that, given the increasing rarity of these luxurious metals and the ever-rising demand for them, their value will continue to grow exponentially, especially as long as a viable substitute cannot be reproduced in laboratories, and even should such a breakthrough occur, "natural" gold and silver are sure to remain in high demand.
    But, for a certainty, back then,
    We loved so many, yet hated so much,
    We hurt others and were hurt ourselves...

    Yet even then, we ran like the wind,
    Whilst our laughter echoed,
    Under cerulean skies...

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    no. gold and silver are a waste of capital.

    but i do have 1500 shares of enron that i'll gladly sell you for 20% off.

  3. #3
    Let's fly now Gilly's Avatar
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    lol
    But, for a certainty, back then,
    We loved so many, yet hated so much,
    We hurt others and were hurt ourselves...

    Yet even then, we ran like the wind,
    Whilst our laughter echoed,
    Under cerulean skies...

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    Man, back in 02 or 03 I was going around telling everyone I knew with money to buy as much gold stock as they could. No one listened to me Same thing with oil.

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    While Gilly's advice is true if we suppose that precious metals will still be considered precious (an assumption which is likely correct unless new techniques were able to prolong the human's lifespan considerably), it represents a very long term perspective. An identical of his is famous for saying "On the long run, we're all dead". While I don't necessarily endorse this life outlook, it's worth keeping that in mind.
    Obsequium amicos, veritas odium parit

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    Silver has so many industrial applications that it is the demand by them that drives up and down the price, besides sheer speculation. As an investment, it's likely to be volatile. A big difference in relation to gold is that it's not "indestructible" the way gold is.

    If you want to invest in metals, I suggest platinum or palladium rather than silver or even gold.

    Gold is essentially an useless metal for which mankind has had a millennia-long fetish; same as large diamonds, valued mainly by silly women with a jewelry fetish and even sillier men willing to indulge their nonsense and falling for the "diamonds are forever" bullshit by De Beers. If you want to get a glimpse into what diamonds are about, watch Blood Diamond.

    Back to gold: arond one-third of the demand for new gold (since "old" gold remains around, forever, so the total amount in the market is forever increasing) is due to India. In India, people - men and women - are still obsessed with the idea that gold as a personal jewelry is both a status symbol and an investment; also, in the vast poor countryside, people with no access bank accounts have no better option but to "invest" in gold. However, as India develops, that may change.

    Just be aware that your investment in gold is largely influenced by whether or not ordinary Indian folk will remain obsessed by gold or limited in their savings options.

    Platinum and palladium, by contrast, are both rare and extremely useful.
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  7. #7
    Creepy-Cyclops

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    Any of the metalic elements (except Fe, although Al is a very good bet), or trace elements used in modern technology, are good bets for investment. Supply is only going to increase and the supply is not infinite, from a practical point of view.

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    Jesus is the cruel sausage consentingadult's Avatar
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    I'm a total retard when it comes into investments. Does anyone here know investor Jim Rogers, and if so, what do you make of his 'prophecies'??

    http://www.vpro.nl/programma/tegenli...edia/38825332/

    (interview starts at 0:54)
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    Many black Americans are SEE type.

  9. #9
    Jesus is the cruel sausage consentingadult's Avatar
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    Quote Originally Posted by consentingadult View Post
    I'm a total retard when it comes into investments. Does anyone here know investor Jim Rogers, and if so, what do you make of his 'prophecies'??

    http://www.vpro.nl/programma/tegenli...edia/38825332/

    (interview starts at 0:54)
    i'm watching the video again, and God, isn't his type obvious???
    The future of Socionics:
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    Many black Americans are SEE type.

  10. #10
    Let's fly now Gilly's Avatar
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    Quote Originally Posted by Expat View Post
    Silver has so many industrial applications that it is the demand by them that drives up and down the price, besides sheer speculation. As an investment, it's likely to be volatile. A big difference in relation to gold is that it's not "indestructible" the way gold is.

    If you want to invest in metals, I suggest platinum or palladium rather than silver or even gold.

    Gold is essentially an useless metal for which mankind has had a millennia-long fetish; same as large diamonds, valued mainly by silly women with a jewelry fetish and even sillier men willing to indulge their nonsense and falling for the "diamonds are forever" bullshit by De Beers. If you want to get a glimpse into what diamonds are about, watch Blood Diamond.

    Back to gold: arond one-third of the demand for new gold (since "old" gold remains around, forever, so the total amount in the market is forever increasing) is due to India. In India, people - men and women - are still obsessed with the idea that gold as a personal jewelry is both a status symbol and an investment; also, in the vast poor countryside, people with no access bank accounts have no better option but to "invest" in gold. However, as India develops, that may change.

    Just be aware that your investment in gold is largely influenced by whether or not ordinary Indian folk will remain obsessed by gold or limited in their savings options.

    Platinum and palladium, by contrast, are both rare and extremely useful.
    Sweet, thanks.
    But, for a certainty, back then,
    We loved so many, yet hated so much,
    We hurt others and were hurt ourselves...

    Yet even then, we ran like the wind,
    Whilst our laughter echoed,
    Under cerulean skies...

  11. #11
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    SEE-Se, 852 sx/so

    Check out my Socionics group! https://www.facebook.com/groups/1546362349012193/

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    Let's fly now Gilly's Avatar
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    It looks like a face.
    But, for a certainty, back then,
    We loved so many, yet hated so much,
    We hurt others and were hurt ourselves...

    Yet even then, we ran like the wind,
    Whilst our laughter echoed,
    Under cerulean skies...

  13. #13
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    lol
    SEE-Se, 852 sx/so

    Check out my Socionics group! https://www.facebook.com/groups/1546362349012193/

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    Quote Originally Posted by Gilly View Post
    It looks like a face.
    It looks like that lobster from that one Disney cartoon.

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    Quote Originally Posted by cracka View Post
    It looks like that lobster from that one Disney cartoon.
    Sebastian?
    Quote Originally Posted by Logos
    Holy mud-wrestling bipolar donkeys, Batman!

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    Under the sea!



    Under the sea, under the sea
    Darling it's better down where it's wetter
    Take it from me
    Up on the shore they work all day
    Out in the sun they slave away
    While we're devoting full time to floating
    Under the sea, ha ha...

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    I bought a lot of laptop spares at bargain prices some time ago because I had a computer service shop. While they have lost a lot of value over time, I've not lost any money. I still sell things from time to time and get a constant supply of money out of my pile.

    Some time ago I realized it wasn't that great idea to stock electronics, so I switched business and now I'm into metal working. I'm stocking cutting consumables and tools. Since I buy mostly surplus lots at bargain prices, I'm confident in that I'm never going to lose money if I decide to sell some of my stuff. I usually make good money when I do so. And the best thing is that if for some reason I can't sell them, I can still use them to perform work and make money out of them.
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