couple questions about gold

With silver you get an added variable as this metal is heavily used by many industries around the world. Economic issues facing many of the biggest users could cause volatility due to their push and pull on the market. Think of oil/gas price volatility as an economy soars or falters?

I stayed alive on the battlefield by situational awareness and I'm still investing today by those same ways

I had figured were using more silver than what is actually being mined and eventually the price of silver would jump as we use more of it up?
figured id buy now while its sort of low, anything in the 20 dollar range right now would be great, but i dont think its going to get any lower?
I wouldent know lol new to this kind of stuff

I'd wait. 26-28.

One of the most important things about buying silver (or any precious metal) is not to sell it! You need to hold on to it for yrs and yrs! It's a long-term investment!

I bought some gold and silver back in 2006 and I already sold it! It was a stupid mistake when you look at how much that stuff would be worth to me if I still had possession of it now!!

Gold was my best inv.

bought for 285, sold for 1350,

used to have a 1000 shares of nike. should have held that one.

Oil and energy stocks are good right now! When the price of gasoline and natural gas goes up, these companies do better! A hedge againts high energy prices! LOL! But really, my energy stocks have kept my investments alive! The banks are no good- I have citigroup and I took a BIG loss!

Silver and gold are less risk than the stock market. It really is good to have 10% or so in precious metals!

FlowerPower! said:

Oil and energy stocks are good right now! When the price of gasoline and natural gas goes up, these companies do better! A hedge againts high energy prices! LOL! But really, my energy stocks have kept my investments alive! The banks are no good- I have citigroup and I took a BIG loss!

Silver and gold are less risk than the stock market. It really is good to have 10% or so in precious metals!

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Gasoline and natural gas have not had parity for sometime now. Fracking today and the NG supply must be taken into consideration. Tech in other markets could once again make a great difference in the NG market. see liquid NG

The world market of oil/gasoline must also consider weather, int'l politics and the value of the US$. That market is just too difficult for me to predict at this point.

We are still finding oil in the usa and huge natural gas fields are being found now, called: shale gas, like the Barnett shale in Ft. Worth. People there get a check from time to time because the gas field is on gov't land - part of the deal was to pay the residents a few $100 or so a yr....We have coal in the us, too. Why do we buy so much oil and gas from over-seas when when gasoline from the USA actually gets exported?! Why? Gasoline from our own markets being sold into export markets while we continue to buy foreign oil. We have oil, we have gasoline, we have coal, we have natural gas....The system is so fucked up. We can rely on ourselves more. All we do is borrow money and buy stuff from foreigners. Look at the labels on your clothes. Most likely, none will say: made in the usa

Seems like a waste of energy to ship oil across a pond just to refine it here and then export it across another pond.

dwc rebel said:

their is better things to invest in.

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yeah like a Suleiman The Magnificent movie. Any of you smart ones know how much gold is used to soldered into computer motherboards? I read in a book that if gold dig ers returned with nothing to Christopher Columbus he'd cut their heads off. I think it was a conditional paragraph.

I saw one analysis the other day which says that oil will fall over the next 6-12 months and gold will continue to climb. Up as high as $2000 in Q1 2013 apparently. It is a fairly reasonable punt, though I haven't got the appetite for gold at the moment. There 2 or 3 HUGE new oilfields due to come online in the next decade, so the long term trend for oil is down...particularly with low global growth meaning reduced demand for it. These fields are almost as big as those in Saudi Arabia apparently.

I bought a load of equities after the crash, some safe, like UK banks and BP (I bought them the day after deepwater...30% upside within a month that one...easy money..virtually no risk! ) and some which I've already lost 100% on like some shitty biotech company which went bust last month. Annoyingly I held onto them after they doubled in price thinking they had a future...only for them to totally tank 3 months later I put much more money in the safe bets though, obviously...

If I was after long assets then I'd buy gold, otherwise there are plenty of over-sold shares out there which offer better returns without excessive risk if you spread your bets.

dslantic said:

Any of you smart ones know how much gold is used to soldered into computer motherboards?

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The answer? None.

They don't use gold in solder. There are other metals that are much better conductors of electricity that cost a fraction of what gold does.
Some motherboards might have a gold plated connector, but its a tiny amount of gold. Less than 2% of gold mined is used in industry.