Have you bought gold and silver yet?

im from canada, so i dont need to :D :P

I baught $1000.00 of silver coins. Kept a bunch for my collection and sold the rest and got 50% more then what I paid for the original batch. So I baught more which was a dud but resold that at a 25% profit. Silver isn’t going up, the value of the Federal Reserve Notes (Promises to pay, HA!) is going down! I deal in silver for silver and am still comeing out ahead

Okay…. I can’t not say this… but its spelled b-o-u-g-h-t. Bought.

Yet? Are you kidding!? I bought them when the came out, I beat them pretty quick but the elite four were sort of challenging my first time around since I had waaay too many normal type.

uh, @shockvalue: what?

haaha your hilarious delirium :p

LMAO@shock value.
I collect eevee. Get two games, restart one and continually trade eevees over. They’re so cute!

Haha, now without stones that is WAAY too many normal type. And agreed, Eevee are really cute, but think I’d favor a Vulpix.

What a tangent you guys have gone off on. Crazy!

As for the question, I’m not into the gold or silver. I have an uncle who is and last I heard he was making a killing. I know very little about it though.

@del & shock are you talking about pokemon, or something like that?

Someone obviously didn’t read the whole thing…

Someone is making a fool out of themselves…

(cough) shockvalue (cough)

dpena2009 the triple post was completely unnecessary! Also, I think it was a joke!

Yeah! What Bulbasaur said!

Oh… haha… riiiiight… I knew that… Whatev.
@shckvalue: Yess!

Well, i’d collect the eevees so that I could have all the evolved forms, of course.

I don’t understand. Why should I buy gold?

Are you saying the dollars is going down so if I buy gold now they will keep going down and I can sell my gold same price I bought it?

@ simone54, Gold is the backing for the dollar. Without gold, the dollar is useless.

I thought that they changed it. I thought the dollar wasn’t backed up by gold anymore.

Not as far as I know. That’s the first I’m hearing of this. What is the backing of the dollar then? Something has to give it value, its just paper.

It’s legal tender. Why does it need to be back by something. Gold is only worth anything because the money.

You make a good point. Gold is something people want, which gives it value, but I know I want money, so I guess it doesnt need backed by anything.

wth are eevees?

Nothing backs the dollar. In 1933, they changed the verbiage on the dollar.
Before then, every dollar was exchangable in Gold, now it is simply “legal tender”.

The reason Gold goes up as the dollar goes down is that is can be traded for other currencies and loses its value at a lower rate.

Gold and silver are not investments but speculations. They provide no income (interest or dividends) until sold. However, they can also serve as insurance against hyperinflation or monetary collapse. We don’t expect to make money on insurance; it’s something we pay for. So if you hold gold and silver as insurance, you’re not concerned about making money but in protecting yourself against disaster. If they increase in value, great; if they don’t, that’s not a problem. Either way, you can sleep easily.