Comments for My Gold Bux http://www.mygoldbux.com Earn Money Online | Gold Box Wed, 30 Nov 2011 20:05:19 +0000 hourly 1 http://wordpress.org/?v=3.2.1 Comment on Buy gold coins and know their price by rasejunk@ameritech.net http://www.mygoldbux.com/buy-gold-coins-and-know-their-price/#comment-596 rasejunk@ameritech.net Wed, 30 Nov 2011 20:05:19 +0000 http://www.mygoldbux.com/buy-gold-coins-and-know-their-price/#comment-596 It's a good question, but complicated. You might check out this site, it has a lot of articles about investing in gold and silver, and also several recommended books. It seems to have a wealth of information for the beginning gold and precious metal investor. http://goldbullioninvesting.blogspot.com/ It’s a good question, but complicated. You might check out this site, it has a lot of articles about investing in gold and silver, and also several recommended books. It seems to have a wealth of information for the beginning gold and precious metal investor.

http://goldbullioninvesting.blogspot.com/

]]> Comment on Buy gold coins and know their price by Gus K http://www.mygoldbux.com/buy-gold-coins-and-know-their-price/#comment-595 Gus K Wed, 30 Nov 2011 19:09:21 +0000 http://www.mygoldbux.com/buy-gold-coins-and-know-their-price/#comment-595 It may help the economy if whoever sells the metals in the first place plans to use the sales price to buy something. In that sense, dollars are going into circulation which might otherwise be kept in the bank, or under a mattress. It probably has no effect on the financial differences between classes. Personally, I keep 100 Krugerrands in the safety deposit box in case disaster strikes the economy, keep at least one-month's net pay in my checking account, and spend just about everything else I earn on sensible purchases. So I'm keeping my earnings circulating while encouraging worth-while products, but I don't do much to help give the banks capital to make loans on, or affect the stock market one way or another. I doubt people like myself hurt the economy, we sure don't weaken it by being in debt or potentially a burden on the tax base because we can't pay our way. . It may help the economy if whoever sells the metals in the first place plans to use the sales price to buy something. In that sense, dollars are going into circulation which might otherwise be kept in the bank, or under a mattress. It probably has no effect on the financial differences between classes. Personally, I keep 100 Krugerrands in the safety deposit box in case disaster strikes the economy, keep at least one-month’s net pay in my checking account, and spend just about everything else I earn on sensible purchases. So I’m keeping my earnings circulating while encouraging worth-while products, but I don’t do much to help give the banks capital to make loans on, or affect the stock market one way or another. I doubt people like myself hurt the economy, we sure don’t weaken it by being in debt or potentially a burden on the tax base because we can’t pay our way.

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]]> Comment on Buy gold coins and know their price by Peppermint Nightmare http://www.mygoldbux.com/buy-gold-coins-and-know-their-price/#comment-594 Peppermint Nightmare Wed, 30 Nov 2011 18:48:37 +0000 http://www.mygoldbux.com/buy-gold-coins-and-know-their-price/#comment-594 Right now, yeah I guess currency trading would. But I wouldn't go for precious metals because you wouldn't make any money off them for awhile. You want to buy low and sell high and gold won't go much higher (I don't really know how they're still doing that cash4gold thing on television). But if you're looking for a solid investment for the winter go into produce futures, with this freeze through the southeast that should be a safe bet Right now, yeah I guess currency trading would. But I wouldn’t go for precious metals because you wouldn’t make any money off them for awhile. You want to buy low and sell high and gold won’t go much higher (I don’t really know how they’re still doing that cash4gold thing on television). But if you’re looking for a solid investment for the winter go into produce futures, with this freeze through the southeast that should be a safe bet

]]> Comment on How to Buy Gold – The Basics by A JaZman http://www.mygoldbux.com/how-to-buy-gold-the-basics/#comment-593 A JaZman Wed, 30 Nov 2011 07:39:49 +0000 http://www.mygoldbux.com/how-to-buy-gold-the-basics/#comment-593 Take a look at the charts on this page. http://www.kitco.com/charts/livegold.html When you look at the 1, 2, 5, and 10 year charts for gold prices, you can see how the price is technically headed north. I am expecting gold to be between $ 1200-1500/oz by summer, and if the recession continues, the govt continues to print money and the dollar tanks (as many are expecting all of these by the end of the year) you can expect historic highs for both gold and silver. It could easily move to $ 2000/oz by early next year, with silver up to $ 50/oz. Plenty of time to buy right now. Look at the junior gold miners, especially ones that are producing gold from their mines, rather than pure exploration co.s. The juniors were hammered in the last year and there is plenty of time to pick a couple that will benefit from the rising gold prices. I'm in Minera Andes (MNEAF). They own 49% of a great gold and silver mine (annual production of 95,000 oz of gold and 7.5 million oz of silver pr year). Their income is just starting, so they haven't taken off yet. good luck and do your own Due Diligence. aj Take a look at the charts on this page.

http://www.kitco.com/charts/livegold.html

When you look at the 1, 2, 5, and 10 year charts for gold prices, you can see how the price is technically headed north. I am expecting gold to be between $ 1200-1500/oz by summer, and if the recession continues, the govt continues to print money and the dollar tanks (as many are expecting all of these by the end of the year) you can expect historic highs for both gold and silver. It could easily move to $ 2000/oz by early next year, with silver up to $ 50/oz.

Plenty of time to buy right now. Look at the junior gold miners, especially ones that are producing gold from their mines, rather than pure exploration co.s. The juniors were hammered in the last year and there is plenty of time to pick a couple that will benefit from the rising gold prices.

I’m in Minera Andes (MNEAF). They own 49% of a great gold and silver mine (annual production of 95,000 oz of gold and 7.5 million oz of silver pr year). Their income is just starting, so they haven’t taken off yet.

good luck and do your own Due Diligence.

aj

]]> Comment on How to Buy Gold – The Basics by hOUSAS http://www.mygoldbux.com/how-to-buy-gold-the-basics/#comment-592 hOUSAS Wed, 30 Nov 2011 07:19:38 +0000 http://www.mygoldbux.com/how-to-buy-gold-the-basics/#comment-592 Wait for a window....if it drops to 800, 700....it should....The IMF is going to sell all its gold hopefully and gives us another opportunity to buy more. I aint getting in now....Gold over the next 5 years should double...try also other metals like silver. Wait for a window….if it drops to 800, 700….it should….The IMF is going to sell all its gold hopefully and gives us another opportunity to buy more.

I aint getting in now….Gold over the next 5 years should double…try also other metals like silver.

]]> Comment on Investors Turn To Buying Gold Bullion by b2fnow http://www.mygoldbux.com/investors-turn-to-buying-gold-bullion/#comment-591 b2fnow Tue, 29 Nov 2011 19:32:43 +0000 http://www.mygoldbux.com/investors-turn-to-buying-gold-bullion/#comment-591 Don't listen to the others here that don't know what they're talking about. Ebay is the worst place possible, highest prices you can pay for gold and silver. They can't possibly get close to the current price, when the auction is a week away. Moreover, gold could still easily double in price this year or next as easily as not; nobody knows, and nobody has the right to tell you it's going down like it's a fact. They simply have a faulty belief that they know something, when they don't. I've been trading silver through Apmex for several years. They give the current quote on their website. And they deliver right to your front door. http://apmex.com/ I gave away 5 oz bars/coins of silver at Christmas two years ago to family members, and last Christmas they were almost double the price. The gift that keeps on giving. Oh, another good site: http://www.kitco.com/ Incidentally, until the Flash Crash a couple of weeks ago, nobody realized that ETF's could freeze up and lock you out of trading or redeeming the underlying gold or silver. If one of the reasons you're buying gold is to protect against a crash in the system, then a paper ETF cannot protect you in the event of a crash or system failure. Read this article how GLD/SLV ETF's may not be redeemable and a list of which ETF's got locked out: http://www.gamingthemarket.com/financial-armageddon-zombies.html Don’t listen to the others here that don’t know what they’re talking about. Ebay is the worst place possible, highest prices you can pay for gold and silver. They can’t possibly get close to the current price, when the auction is a week away.

Moreover, gold could still easily double in price this year or next as easily as not; nobody knows, and nobody has the right to tell you it’s going down like it’s a fact. They simply have a faulty belief that they know something, when they don’t.

I’ve been trading silver through Apmex for several years. They give the current quote on their website. And they deliver right to your front door.

http://apmex.com/

I gave away 5 oz bars/coins of silver at Christmas two years ago to family members, and last Christmas they were almost double the price. The gift that keeps on giving.

Oh, another good site:
http://www.kitco.com/

Incidentally, until the Flash Crash a couple of weeks ago, nobody realized that ETF’s could freeze up and lock you out of trading or redeeming the underlying gold or silver. If one of the reasons you’re buying gold is to protect against a crash in the system, then a paper ETF cannot protect you in the event of a crash or system failure.

Read this article how GLD/SLV ETF’s may not be redeemable and a list of which ETF’s got locked out:
http://www.gamingthemarket.com/financial-armageddon-zombies.html

]]> Comment on Investors Turn To Buying Gold Bullion by Matt M http://www.mygoldbux.com/investors-turn-to-buying-gold-bullion/#comment-590 Matt M Tue, 29 Nov 2011 18:52:33 +0000 http://www.mygoldbux.com/investors-turn-to-buying-gold-bullion/#comment-590 I hope you want gold and silver because you think it's cool, not because it's a good investment. Don't let the ads fool you. Right now is the worst time to buy precious metals ever. There's a bubble in the gold and silver markets, the value of both has been pushed up above fundamental value by speculation. The second someone takes a discount price for gold there will be a price correction the other way and a lot of people will be saying...damn I made a terrible investment. The good news is that when that happens, it will most likely coincide with the economy turning around. Awesome! Anyway, you can get them on ebay or by calling Goldline. www.goldline.com I hope you want gold and silver because you think it’s cool, not because it’s a good investment. Don’t let the ads fool you. Right now is the worst time to buy precious metals ever. There’s a bubble in the gold and silver markets, the value of both has been pushed up above fundamental value by speculation. The second someone takes a discount price for gold there will be a price correction the other way and a lot of people will be saying…damn I made a terrible investment. The good news is that when that happens, it will most likely coincide with the economy turning around. Awesome!

Anyway, you can get them on ebay or by calling Goldline. http://www.goldline.com

]]> Comment on Investors Turn To Buying Gold Bullion by Common Sense http://www.mygoldbux.com/investors-turn-to-buying-gold-bullion/#comment-589 Common Sense Tue, 29 Nov 2011 18:49:47 +0000 http://www.mygoldbux.com/investors-turn-to-buying-gold-bullion/#comment-589 The better question is WHY??????? The least expensive way to buy Gold & Silver is through their respective ETF's: GLD & SLV Safe & cheap.. No storage or delivery cost. No big "spread" or hidden fees. SLV & GLD are among the highest holders of these precious metals..... in the world. I buy and sell these ETF's fairly regularly. I never have more than 3% of my total portfolio in the precious metals (that's total... not each). I don't want to have to explain to my wife.... how I lost 10-20% of our savings in a few days. The better question is WHY???????

The least expensive way to buy Gold & Silver is through their respective ETF’s: GLD & SLV
Safe & cheap.. No storage or delivery cost. No big “spread” or hidden fees.

SLV & GLD are among the highest holders of these precious metals….. in the world.

I buy and sell these ETF’s fairly regularly. I never have more than 3% of my total portfolio in the precious metals (that’s total… not each). I don’t want to have to explain to my wife…. how I lost 10-20% of our savings in a few days.

]]> Comment on New ways to buy gold – German vending machines by jef http://www.mygoldbux.com/new-ways-to-buy-gold-german-vending-machines/#comment-588 jef Tue, 29 Nov 2011 08:44:47 +0000 http://www.mygoldbux.com/new-ways-to-buy-gold-german-vending-machines/#comment-588 Millionaires actually quite clever, hedge their bets a bit. If all the money in stocks or gold or land, or whatever, or your mattress for investment purposes, are at risk of being poor. Many do you buy a bag auch.Wenn very rich and varied, and some gold and bonds, ETFs and Tbills and daughter and several other types of investments, no matter what happens you always have more money than anyone else almost. If it's not good enough, you bet, not my opinion investieren.Genau. Millionaires actually quite clever, hedge their bets a bit. If all the money in stocks or gold or land, or whatever, or your mattress for investment purposes, are at risk of being poor. Many do you buy a bag auch.Wenn very rich and varied, and some gold and bonds, ETFs and Tbills and daughter and several other types of investments, no matter what happens you always have more money than anyone else almost. If it’s not good enough, you bet, not my opinion investieren.Genau.

]]> Comment on New ways to buy gold – German vending machines by Doctor Deth http://www.mygoldbux.com/new-ways-to-buy-gold-german-vending-machines/#comment-587 Doctor Deth Tue, 29 Nov 2011 08:43:33 +0000 http://www.mygoldbux.com/new-ways-to-buy-gold-german-vending-machines/#comment-587 How do you know what to do, all the millionaires, there are over a million millionaires in the United States alone - and most people who are not members of the public, so how could we know what they are actually 10 of them from investing activities, there? Gold can lose its value as easily as any other type of investment - it's up to 8% from its high a month ago How do you know what to do, all the millionaires, there are over a million millionaires in the United States alone – and most people who are not members of the public, so how could we know what they are actually 10 of them from investing activities, there? Gold can lose its value as easily as any other type of investment – it’s up to 8% from its high a month ago

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