Comparing Volatility of Gold to Its Price [View article]
Oh Geo whatever: " No one ... as in NO SINGLE PERSON EVER...wants to be called a fool or insulted into changing their conduct."
But, here you are, in every article, some sort of insult to someone. The above quote is directly from your post. Why don't you practice what you preach?
The person you are chiding this time around, RealityvsPaper was talking about buying and holding onto physical Gold. But did you bother to read his entire Post? Doubtful since you immediately launch into the trading aspects.
1979, 3%-5% markup on what? Specific types of Gold Coins, ingots, bars, where did you get your figures from or are you just making things up as you go along?
This article is about GOLD, talk about gold.
RealityvsPaper: you are absolutely right. With the physical metal in hand, you do not have to worry whether the stocks Geo lauds will turn into so much paper as they go through a Delationary period. Take CDE for instance, probably the world's largest silver producer, in March of 08 it was around $5 by November it had dropped to $0.36... all slated mining production combined is projected to be17 million Oz. of silver annually... 10K and news releases.
Only the ETFs have gone down less than 50%. Much better to hold physical gold. IMHO
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Oh Geo whatever: " No one ... as in NO SINGLE PERSON EVER...wants to be called a fool or insulted into changing their conduct."
Dec 04 07:54 am
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All Comments by NOWHEREMAN »Comparing Volatility of Gold to Its Price [View article]
But, here you are, in every article, some sort of insult to someone. The above quote is directly from your post.
Why don't you practice what you preach?
The person you are chiding this time around, RealityvsPaper was talking about buying and holding onto physical Gold. But did you bother to read his entire Post? Doubtful since you immediately launch into the trading aspects.
1979, 3%-5% markup on what? Specific types of Gold Coins, ingots, bars, where did you get your figures from or are you just making things up as you go along?
This article is about GOLD, talk about gold.
RealityvsPaper: you are absolutely right. With the physical metal in hand, you do not have to worry whether the stocks Geo lauds will turn into so much paper as they go through a Delationary period. Take CDE for instance, probably the world's largest silver producer, in March of 08 it was around $5 by November it had dropped to $0.36... all slated mining production combined is projected to be17 million Oz. of silver annually... 10K and news releases.
Only the ETFs have gone down less than 50%. Much better to hold physical gold. IMHO