THeBlueCashew

...such as gold, land/real estate, sought after art/collectibles.

Or anything that can produce wealth or products which can act as a store of wealth. Ie a farm that grows/produces corn.

As our dollar or paper currency continue to lose value so do our investments such as stocks, high interest savings accounts.

Seems holding too much cash or paper investments aren't a good idea in an inflationary environment.

Quote from: JOE on October 16, 2024, 01:21:50 PM...such as gold, land/real estate, sought after art/collectibles.

Or anything that can produce wealth or products which can act as a store of wealth. Ie a farm that grows/produces corn.

As our dollar or paper currency continue to lose value so do our investments such as stocks, high interest savings accounts.

Seems holding too much cash or paper investments aren't a good idea in an inflationary environment.

Why are you explaining this to us as if we have no idea on how to invest our money and survive a recession?
This is all getting a bit tired now Joe.

Go have a Guinness and put some lead in your pencil...

Quote from: Lab Flaker on October 16, 2024, 09:59:11 PMWhy are you explaining this to us as if we have no idea on how to invest our money and survive a recession?
This is all getting a bit tired now Joe.

Go have a Guinness and put some lead in your pencil...

At least the Gold I bought is doin good Lab Flaker Lab Flaker

Couple a years and it should double in value eh?

Guess I'll keep buyin' it Lab Flaker.

Quote from: JOE on October 16, 2024, 11:12:48 PMAt least the Gold I bought is doin good Lab Flaker Lab Flaker

Couple a years and it should double in value eh?

Guess I'll keep buyin' it Lab Flaker.

It's "...doing well" Joe... you're not donating to charity!

My property has increased in value over the past 3 months, more so than your gold could possibly appreciate in your lifetime.

Put that in your pipe and smoke it.

josephine, Trump is going to win, best sell off gold and silver now while its high.

Hold platinum because when Trump gets back in, they're gonna be building more ICE vehicles again.

Mark my words, you dumb bitch!

Quote from: Lokmar on October 16, 2024, 11:22:09 PMjosephine, Trump is going to win, best sell off gold and silver now while its high.

Hold platinum because when Trump gets back in, they're gonna be building more ICE vehicles again.

Mark my words, you dumb bitch!

Not sure who's gonna win....Lokmar!

But if Kamala doesn't make it then the Democratic party will be pointing fingers & asking her why she didn't choose Shapiro instead of Walz.

"Oh...its because Tim made me feel so good!"

Like... wtf was she choosing...a suitor or dinner date to da prom?

Bet if that was a man he woulda chosen Shapiro eh?

Tharz many stories of past Presidents who didn't like their running mates but had them cuz it was what they had to do ta win. Eg I don't think Trump even likes Vance or Vice versa.  Apparently Kennedy didn't like Lyndon Johnson either.

Women...you know.

They're not logical at times & they think too much with their emotions rather than being pragmatic.

Quote from: JOE on October 16, 2024, 11:34:59 PMNot sure who's gonna win....Lokmar!

But if Kamala doesn't make it then the Democratic party will be pointing fingers & asking her why she didn't choose Shapiro instead of Walz.

"Oh...its because Tim made me feel so good!"

Like... wtf was she choosing...a suitor or dinner date to da prom?

Bet if that was a man he woulda chosen Shapiro eh?

Tharz many stories of past Presidents who didn't like their running mates but had them cuz it was what they had to do ta win. Eg I don't Trump even likes Vance or Vice versa

Women...you know.

They're not logical at times & they think too much with their emotions rather than being pragmatic.

If you wait to sell until AFTER Trump wins, you lose.

Dont say I didnt warn you.

Quote from: Lokmar on October 16, 2024, 11:36:20 PMIf you wait to sell until AFTER Trump wins, you lose.

Dont say I didnt warn you.

Just like yer foe Kamala Trump is gonna push up yer National debt...Lokmar! 

Plus he wants to weaponize yer dollar even more which will push up the price of gold even more.

100% tariffs on countries that dont play ball his way.

What do ya think that's gonna do? They'll buy even more Gold & start using it as a  currency standard...Lokmar!

Gold price will shoot ta the moon!

Quote from: JOE on October 16, 2024, 11:46:46 PMJust like yer foe Kamala Trump is gonna push up yer National debt...Lokmar! 

Plus he wants to weaponize yer dollar even more which will push up the price of gold even more.

100% tariffs on countries that dont play ball his way.

What do ya think that's gonna do? They'll buy even more Gold & start using it as a  currency standard...Lokmar!

Gold price will shoot ta the moon!

Best sell, dummy. Gold is going to $2300/oz when Trump gets back in because the dollar is gonna GAIN value...

Oh well, you lose.

Quote from: Lokmar on October 16, 2024, 11:57:02 PMBest sell, dummy. Gold is going to $2300/oz when Trump gets back in

Not sure ...Lokmar!

Are ta sure?

Could be Kamala but at this point I wont make any predictions Bud

Quote from: JOE on October 17, 2024, 12:31:24 AMNot sure ...Lokmar!

Are ta sure?

Could be Kamala but at this point I wont make any predictions Bud

It's "bud" Joe...you're not conversing with a beer brand ffs!

Quote from: JOE on October 17, 2024, 12:31:24 AMNot sure ...Lokmar!

Are ta sure?

Could be Kamala but at this point I wont make any predictions Bud

I'm sure....you're going to lose money.
ENJOY!

Quote from: Lokmar on October 17, 2024, 09:06:53 AMI'm sure....you're going to lose money.
ENJOY!

He's a bit clueless isn't he? I really mean the part about my property appreciation. It's a buyer's market where I am. I could sell now and make an easy $100K off my initial purchase, and this Joe is going on about tiny margins?

I obviously realise the troll part...but is he also just plainly stupid?

Real estate is the way to make good gains without the unnecessary risks of the stock markets.

If you can development and sell an idea...for sure. Elon Musk comes to mind with PayPal. But buying gold for small gains makes no sense at all? And in Joe's case he probably keeps his stash at home in a safe. One caught break into his home, grab him by his throat until he shits himself and gives up the code, and the steal all his gold and apartheid era coins.  :s_laugh:

Quote from: Lab Flaker on October 17, 2024, 09:38:54 AMHe's a bit clueless isn't he? I really mean the part about my property appreciation. It's a buyer's market where I am. I could sell now and make an easy $100K off my initial purchase, and this Joe is going on about tiny margins?

I obviously realise the troll part...but is he also just plainly stupid?

Real estate is the way to make good gains without the unnecessary risks of the stock markets.

If you can development and sell an idea...for sure. Elon Musk comes to mind with PayPal. But buying gold for small gains makes no sense at all? And in Joe's case he probably keeps his stash at home in a safe. One caught break into his home, grab him by his throat until he shits himself and gives up the code, and the steal all his gold and apartheid era coins.  :s_laugh:

I told that dumb bitch that when the aposcalisp happens, me and my AR are coming for his gold.

Quote from: Lokmar on October 17, 2024, 09:06:53 AMI'm sure....you're going to lose money.
ENJOY!

Gold went up again today....Lokmar!

goldprice.org.

....it's pushin' $2700/
Oz of yer Yankee dollarz .... Bud!

Quote from: JOE on October 17, 2024, 01:59:10 PMGold went up again today....Lokmar!

goldprice.org.

....it's pushin' $2700/
Oz of yer Yankee dollarz .... Bud!

I'm selling the rest of my silver within the next week, dipshit.

$2700 US, is that like 10 bajillion Cucknadian Doll Hairs yet?

Quote from: Lokmar on October 17, 2024, 03:08:49 PMI'm selling the rest of my silver within the next week, dipshit.

$2700 US, is that like 10 bajillion Cucknadian Doll Hairs yet?

$3700 buckaroos Bud!

As yet Yankee dollar crashes its takin us down wid it.

I'm gonna be a millionaire soon Lokmar!

I could buy a farm or 2 at this rate.

Heck move in next ta you...Lokmar!

That'd make us neighbors eh?

Quote from: JOE on October 17, 2024, 01:59:10 PMGold went up again today....Lokmar!

goldprice.org.

....it's pushin' $2700/
Oz of yer Yankee dollarz .... Bud!

Hey Joe...where are you going with that gold in your hand?

Quote from: Lab Flaker on October 17, 2024, 04:54:53 PMHey Joe...where are you going with that gold in your hand?

I jes bought s'more Gold today Lab Flaker Lab Flaker

A 1912 Canada $5 Gold

&

1899 Britis Sovereign

I'll post some pics of em later if ya like.

Quote from: JOE on October 17, 2024, 05:09:07 PMI jes bought s'more Gold today Lab Flaker Lab Flaker

A 1912 Canada $5 Gold

&

1899 Britis Sovereign

I'll post some pics of em later if ya like.

Go for it Joe!

Quote from: JOE on October 17, 2024, 04:53:36 PM$3700 buckaroos Bud!

As yet Yankee dollar crashes its takin us down wid it.

I'm gonna be a millionaire soon Lokmar!

I could buy a farm or 2 at this rate.

Heck move in next ta you...Lokmar!

That'd make us neighbors eh?

Stay the fuck away from my farm or I'll bury you on it, josephine.

Quote from: Lokmar on October 17, 2024, 03:08:49 PMI'm selling the rest of my silver within the next week, dipshit.

Actually I think that would be a mistake...Lokmar!

While Gold shoots up dramatically Silver continues to stagnate BELOW $32 per ounce.

I mean that's defying gravity

If Gold continues to rise in value, silver is sure to breakout bud.

How could Gold rise 50% in value or double since last year(which isn't unlikely in the near future) while the silver price remains flat?

It doesn't make any sense.

I'm gonna but at least 100 more ounces soon...Lokmar

Heck I'll buy yer stack fro ya at current market prices ifya want

Quote from: JOE on October 17, 2024, 06:24:57 PMActually I think that would be a mistake...Lokmar!

While Gold shoots up dramatically Silver continues to stagnate BELOW $32 per ounce.

I mean that's defying gravity

If Gold continues to rise in value, silver is sure to breakout bud.

How could Gold rise 50% in value or double (which isn't unlikely) while the silver price remains flat?

It doesn't make any sense.

I'm gonna but at least 100 more ounces soon...Lokmar

Heck I'll buy yer stack fro ya at current market prices 8fya want

You'd have to pay $3 over US spot. They're Silver Eagles that I'm selling.

Quote from: Lokmar on October 17, 2024, 06:26:57 PMYou'd have to pay $3 over US spot. They're Silver Eagles that I'm selling.

If gold continues to rise silvers gonna go up too...Lokmar!

Quote from: JOE on October 17, 2024, 06:28:45 PMIf gold continues to rise silvers gonna go up too...Lokmar!

What you're missing, my fine feathered friend, is that the value of the U.S. Dollar will spike when Trump gets in which typically depresses the metal values.  I'd say the time to buy back in is March/April 2025. Still, platinum is where its at.

At its current price I think Silver is a good deal...Lokmar!

Quote from: Lokmar on October 17, 2024, 06:37:52 PMWhat you're missing, my fine feathered friend, is that the value of the U.S. Dollar will spike when Trump gets in which typically depresses the metal values.  I'd say the time to buy back in is March/April 2025. Still, platinum is where its at.

Fine feathered friend.

I think that was Daffy Duck.


Yeah platinum is going up too.

Maybe I'll pick up 6 more ounces make my stack 10.

Silver I'll get another 200.

$3200 for 100 oz of a precious metal isnt much.

I think we'll look back in 5 and realize that it was a good price to buy silver at.

If you factor in inflation $32 per ounce is actually quite cheap. That'd be $7-10 1980 dollars. But 40 years ago silver peaked at $50 an ounce which is $200 today.

That's why I think silver is quite undervalued.

Yeah silver was cheap after the recession hit fell to $6-7? But adjusted for inflation that's about the same price as today.

Quote from: JOE on October 17, 2024, 06:48:37 PMIf you factor in inflation $32 per ounce is actually quite cheap. That'd be $7-10 1980 dollars. But 40 years ago silver peaked at $50 an ounce which is $200 today.

That's why I think silver is quite undervalued.

Yeah silver was cheap after the recession hit fell to $6-7? But adjusted for inflation that's about the same price as today.

I'm not saying thats wrong. However, when the dollar goes up, metals come down. You can count on it.

Quote from: JOE on October 17, 2024, 06:43:11 PMFine feathered friend.

I think that was Daffy Duck.


Yeah platinum is going up too.

Maybe I'll pick up 6 more ounces make my stack 10.

Silver I'll get another 200.

$3200 for 100 oz of a precious metal isnt much.

I think we'll look back in 5 and realize that it was a good price to buy silver at.

I guess you should paypal me $700 and I'll send you 20 Silver Eagles, josephine.

Add shipping to Cucknadia tho.

Quote from: JOE on October 17, 2024, 01:59:10 PMGold went up again today....Lokmar!

goldprice.org.

....it's pushin' $2700/
Oz of yer Yankee dollarz .... Bud!

Best sell, josephine.

Quote from: Lokmar on October 17, 2024, 06:54:43 PMI guess you should paypal me $700 and I'll send you 20 Silver Eagles, josephine.

Add shipping to Cucknadia tho.

Hang to yer silver Lokmar

If yer a religious person which you appear ta be better prepare fer thats times like yer Noah.

Way I look at Silver is itll be like spendin money in hard times. Just like it was in the Depression when people had stacks saved in jars. Itll buy ya food, farm equipment store goods.

But gold will be used ta buy big ticket items like houses and land eh?

Quote from: JOE on October 17, 2024, 07:03:01 PMHang to yer silver Lokmar

If yer a religious person which you appear ta be better prepare fer thats times like yer Noah.

Way I look at Silver is itll be like spendin money in hard times. Just like it was in the Depression when people had stacks saved in jars. Itll buy ya food, farm equipment store goods.

But gold will be used ta buy big ticket items like houses and land eh?

I'm selling for sure. The metals are gonna drop a fair amount and then I'm buying a shit ton of platinum in Q1. No gold, no silver.

Quote from: Lokmar on October 17, 2024, 06:57:00 PMBest sell, josephine.

Even if gold n silver go down they'll never be worthless Lokmar

However same cant be said about the stock market big corporations or banks.

Like...where is Lehman Brothers today?

Or Bear Stearns?

And what happened to their shares or the employees?

All gone...Lokmar!

But the gold people held during the gfc ain't gone.
Keeps goin up!

It may have changed hands but it's still there!

But bear Stearns and Lehman brothers aren't. They're no mo'!

Quote from: Lokmar on October 17, 2024, 07:06:24 PMI'm selling for sure. The metals are gonna drop a fair amount and then I'm buying a shit ton of platinum in Q1. No gold, no silver.

Yeah I see platinum as a real sleeper metal that'll have its day in the sun 1 day. May not be for a while but its comin.

Actually you oughta look at shares in mining companies

As a rule when the stock market takes a hit companies invest in commodities like silver copper and possibly platinum cuz they're stockpiling for the next boom after a bust.

Case in point during the Great Depression when everything went bust Standard Oil was busy drilling for oil in the Middle east and buying up everything cheap.

Commodities will be the place ta be even in a recession/downturn...Lokmar.

Quote from: JOE on October 17, 2024, 07:07:41 PMEven if gold n silver go down they'll never be worthless Lokmar

However same cant be said about the stock market big corporations or banks.

Like...where is Lehman Brothers today?

Or Bear Stearns?

And what happened to their shares or the employees?

All gone...Lokmar!

But the gold people held during the gfc ain't gone.
Keeps goin up!

It may have changed hands but it's still there!

But bear Stearns and Lehman brothers aren't. They're no mo'!

Did you buy right when I told you too, josephine?
NOPE! And you missed out BIG TIME

Why the hell would you sell when I tell you?

I just bought some hard assets. Now to enjoy the return on my investment.  :drunk2:


(https://i.imgur.com/3CVW8kAm.png)

Quote from: Lokmar on October 17, 2024, 07:40:18 PMDid you buy right when I told you too, josephine?
NOPE! And you missed out BIG TIME

Why the hell would you sell when I tell you?

I keep hearing that Copper is 'The Next Silver or Gold'....Lokmar

That's where a lotta big money us piling in now.

There are supposed to be some big announcements in 2025/26 from large corporations that should push copper and silver prices higher. Related to Electric vehicles

Mind you I'd see if theres a possible dip in the copper price next year might be cheaper to but in or invest

Hint: Copper is a better investment than Lithium

Silver still cheap but Gold has just passed $2700 Lokmar

Quote from: Oliver the Second on October 17, 2024, 09:09:25 PMI just bought some hard assets. Now to enjoy the return on my investment.  :drunk2:


(https://i.imgur.com/3CVW8kAm.png)

That shit is GOOD! Personally, I'm having a sip of JD Single Barrel Barrel Proof.

Quote from: JOE on October 17, 2024, 09:38:21 PMSilver still cheap but Gold has just passed $2700 Lokmar

I sold all my silver I bought @ $23-$27/oz. for $32/oz. I made out quite well. Too bad you missed out, josephine.

Quote from: Lokmar on October 17, 2024, 10:12:09 PMI sold all my silver I bought @ $23-$27/oz. for $32/oz. I made out quite well. Too bad you missed out, josephine.

I bought some of my silver lower than that Lokmar.

Maybe $17 or 18 per ounce 5 years ago?

But I'm a lifer man!

In it fer the long haul Lokmar!

You may regret selling now cuz silver might take off and surpass $35 an ounce in the near future and hit $40 in 2026.

Just my hunch but I remain bullish on Gold AND Silver...Lokmar!

They're both Good.

Even platinum

But I tend to spread out my holdings across all 3 metals eh?


I'm tellin' you...copper may really shine in a few.

You oughta invest in copper mines n stocks Lokmar

Often when these mining companies prospect for silver and gold they find copper in the mix. Even platinum.

So it's not a one size fits all.

They're all interrelated from a mining standpoint

Quote from: JOE on October 17, 2024, 10:24:31 PMI bought some of my silver lower than that Lokmar.

Maybe $17 or 18 per ounce 5 years ago?

But I'm a lifer man!

In it fer the long haul Lokmar!

You may regret selling now cuz silver might take off and surpass $35 an ounce in the near future and hit $40 in 2026.

Just my hunch but I remain bullish on Gold AND Silver...Lokmar!

They're both Good.

Even platinum

But I tend to spread out my holdings across all 3 metals eh?


I'm tellin' you...copper may really shine in a few.

You oughta invest in copper mines n stocks Lokmar

Often when these mining companies prospect for silver and gold they find copper in the mix. Even platinum.

So it's not a one size fits all.

They're all interrelated from a mining standpoint

Oh yea? It that why you kept telling me buying silver @$22/oz was risky back in February?

PWN3D!  :popcorn:

Quote from: Lokmar on October 17, 2024, 10:35:43 PMOh yea? It that why you kept telling me buying silver @$22/oz was risky back in February?

PWN3D!  :popcorn:

I was buying around @ $26 & bought some more at $28,29, 30, 31 & 32.

I dont go all in on silver as much as gold cuz I've found silver is very volatile

Ifya buy too much at once it can be like getting shocked by an electric fence later on.

The mistake that's easy to make about silver is to buy too much at once.

Silver has promise but I go slow on the White metal..

But I bought some antique Canadian silver coins the other day...Lokmar! Real beauties really nice condition

Given their condition & relatively low mintages if they were American coins theyd be worth 10x as much.

I'd buy more American antique coins and find them interesting but the deterrent is the price.

Nice American antique coins tend to be very expensive in nice condition.

But I'd still like to get hold of their odd ball issues like $2.50 3 cent large cent stuff if I could find a good price eh?

I own only 2 American coins and they cost me $500 each.

And those were the common ones.

At least the Canadian coins are more affordable and just as rare