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Still time to buy gold imo. Still time to buy gold imo.

08-10-2011 , 02:24 PM
Quote:
Originally Posted by Borodog
Has to be a correction brewing.
in terms of dollars, not gold...
08-10-2011 , 03:45 PM
really? and I thought gold would gain in terms of gold
08-10-2011 , 06:24 PM
Cause its one-eight-zero-zero on a mutha ****in central bank
08-10-2011 , 07:34 PM
Quote:
Originally Posted by Bigdaddydvo
I'm not ruling out zooming through $1800 this week the way things are happening
Spoiler:
unraveling
right now.
To think I said this on Monday and it's only Wednesday.
08-10-2011 , 07:49 PM
I can't believe I bought 1 week and $165 ago.
08-10-2011 , 07:50 PM
Also, seeing a nice healthy "green" on your IRA account when the Dow is down 550 is pretty nice too.
08-10-2011 , 08:36 PM
up to $1809 after hrs...
08-11-2011 , 02:39 AM
no ****? broke 18 hundo?

zomg!
08-11-2011 , 08:03 AM
Video: Keynes celebrates the end of the Gold Standard

So much for freedom from the "gold cage," and the prosperity that resulted from that freedom.
08-11-2011 , 11:20 AM
Quote:
Originally Posted by Bigdaddydvo
Video: Keynes celebrates the end of the Gold Standard

So much for freedom from the "gold cage," and the prosperity that resulted from that freedom.
Thats a really cool video even though, you know, lol Keynes and all.
08-11-2011 , 11:53 AM
It would be awesome if Keynes were posting here.
08-11-2011 , 12:50 PM
The Chicago Mercantile Exchange raised margin requirements for gold.
08-11-2011 , 10:50 PM
Quote:
Originally Posted by Vael
It would be awesome if Keynes were posting here.
There are a bunch of Keynes posting here...
08-12-2011 , 03:15 PM
Quote:
Originally Posted by Borodog
Has to be a correction brewing.
. . .
08-12-2011 , 04:39 PM
Quote:
Originally Posted by Borodog
. . .
The price is correcting to $2000 by September...
08-12-2011 , 08:26 PM
my bowels just corrected


08-13-2011 , 01:38 AM
i just sold 20 one-gram ingots to a buddy.

20 of these:

i have quite a few more than that, and it's kind of a long story, but he's been bugging me to sell him some for quite a while now, and i just kept telling him to come with me to the coin shop (THAT coin shop, the one with the deals).

but noonoonoo he wants the 'credit card gram things like the ones you got'..

so i threw out a $65/each number, figuring he'd cave. instead, he told me 'i'll take 20'.

still not really believing him, i counted out 20 (actually had to go into the lock box in my crawl space which took 5 minutes to unscrew into), put them in my trunk and went to softball.

wouldn't you ****ing know it, he showed up with 26 fifty dollar bills.

i guess he got some payment from a previous job or whatever.

so now i'm kinda pissed. those were from my very first days of buying gold and they had some sentimental value. i mean, yes i can def go buy more this week (obviously i will) but i kinda dug the huge stack of gram cards i had (have) but now it's shorter (though i hadn't even looked at these in probably a year).

seller's remorse for sure.

when he actually showed the money i backtracked a bit, telling him how much more he was paying than spot, that i'd give him a 1/2oz coin and move up from there, etc. but at that point, a deal is a deal.

wife already snookered away $100 (though i'll be eating well all weekend) so monday i'll be looking to grab some new ****, which is pretty cool.

ugh though. these cards were mostly bought in mid/late '08, and at one point i had 75 (yes, i had 75 one gram ingots) and i really, really have seller's remorse right now. didn't expect him to come through, and when i told him i'd sell them for $65, i even told him he could definitely get more for his money buying somewhere else, but noooooo, he had to have the 1-gram cards. hell, when i put them in my car earlier, i STILL figured he wouldn't buy all 20. but like a champ, he had cash.

whatever i guess. wednesday when i was last at the shop he had a lot of cool-looking stuff, hopefully it's still there monday. the 1-pound silver eagle is dancing in my head.

thanks for listening. i'm sure i'm not the only person ever with seller's remorse, sorry.
08-13-2011 , 04:01 AM
Those are the exact ones I've been buying! I have 5 in the mail aorn.
08-13-2011 , 04:04 AM
Looks like some resistance at 1750+?
08-13-2011 , 04:58 AM
swongs
08-13-2011 , 05:18 AM
my mom bought some of these from U.S. money reserve, anyone have any thoughts or experiences with them?

http://www.usmoneyreserve.com/gold_coins_at_cost.php

Last edited by LirvA; 08-13-2011 at 05:19 AM. Reason: think she bought 10
08-13-2011 , 01:14 PM
Sorry Lirv,

US MONEY RESERVE United States Rare Coin & Bullion Reserve Explotation, False Advertising, Austin , Texas

Elderly customers sue coin company for fraud

US MONEY RESERVE United States Rare Coin & Bullion Reserve Explotation, False Advertising, Austin , Texas

I can understand your Mom not knowing to check a company out on the internet.

WTH are you asking in this thread rather than putting "scam U.S. Money Reserve" in google?

Nothing against you personally Lirv, I'm just astounded on a regular basis when people who are on the web every day don't do the most basic research. I see it all the time.
08-13-2011 , 03:49 PM
Quote:
Originally Posted by LirvA
Those are the exact ones I've been buying! I have 5 in the mail aorn.
i know.

and like i said before, you're really overpaying for them. if you can afford to buy 5 grams' worth, buy a 1/10th coin or two, or even a 5-gram bar.

back when i was buying them, i could never understand why sellers would even sell them as i would be getting them like a buck above spot and then they'd have to pay ebay/paypal fees and whatnot..

enjoy them, they're a fun little thing to start with. i still have a bunch.
08-13-2011 , 07:41 PM
Quote:
Originally Posted by entertainme
Sorry Lirv,

US MONEY RESERVE United States Rare Coin & Bullion Reserve Explotation, False Advertising, Austin , Texas

Elderly customers sue coin company for fraud

US MONEY RESERVE United States Rare Coin & Bullion Reserve Explotation, False Advertising, Austin , Texas

I can understand your Mom not knowing to check a company out on the internet.

WTH are you asking in this thread rather than putting "scam U.S. Money Reserve" in google?

Nothing against you personally Lirv, I'm just astounded on a regular basis when people who are on the web every day don't do the most basic research. I see it all the time.


****ing A

god damnit


i havent had the time to look into it. I work 6 days a week and my mother just told me about the ad about a week ago. I had no idea she was gonna buy some, and last night I just did a quick search to find their website. I wanted to ask in here as I figured (correctly) that someone would know something about them.

Not sure when she ordered, couldnt have been more than a few days ago. You think she can cancel her order?
08-13-2011 , 08:17 PM
Just talked to my mom.

She paid with echeck, they took out money yesterday, she's trying to dispute the charge online and if she can't she'll do it at the bank on Monday.

She said they were aggressively trying to sell her a 6k coin.

I feel like ****ing ****. I told her like two weeks ago I was buying gold, and if I wouldn't have said anything this wouldn't have happened.


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