New FT-86 or old C6, z4m, etc..

[Want.FR-S]

Originally Posted by serialk11r

Plenty of people are making tons of money, you just need to have money to use and know how to use it. Ever heard of quant trading?

Isn't that all the smart mathematicians get hired by investment banks to do these kind of things long time ago? What's is new on this? Are you a Quant? and Do you have a C++/Java program to predict the ROI?

Originally Posted by 1660

Is that like leveraged trading or derivatives? What houses?

Check Wiki or Google to find out.

Originally Posted by 1660

Gold crossed into $1800s today on the Hong Kong exchange.

Hooray!! are you one of those who owns gold right now?

[Calais]

Originally Posted by Allch Chcar

Most of us are still in our 20's early 30's. Buying a house is a bigger priority now followed by a newer car later. No one wants to be "that fool" who lives in a doublewide with a brand new car sitting in the gravel driveway.

i'll be that fool a new car is more important to me than a house at the moment im not engaged not going to move out of home anytime soon and i know why getting a house is better than buy a car first but i honestly dont care i'll get the car and when i want to i'll get the house, im an architectural drafter i'll make whatever house i get look good with a garage no problems with the gravel out the front, concrete as far as the eye can see

[KadeS]

Actually.. if you have 30k, now would be a perfect time to diversify your holdings and investments... Gold.. its a horrible choice. Silver is where its at right now, though if you're looking to invest; you've missed that boat as well. Stocks on the other hand, due to the downrating of the American debt, it is the perfect time to land a couple stocks (see what happens tomorrow, I can almost grantee another drop)

But anyways. Right now, save. If you can.. mooch off your parents as long as possible (more money for cars and a house with a track for a driveway!)

[Allch Chcar]

Originally Posted by Calais

i'll be that fool a new car is more important to me than a house at the moment im not engaged not going to move out of home anytime soon and i know why getting a house is better than buy a car first but i honestly dont care i'll get the car and when i want to i'll get the house, im an architectural drafter i'll make whatever house i get look good with a garage no problems with the gravel out the front, concrete as far as the eye can see

Feel free. I'm going to finish building my shell of a house first and probably buy a beater Celica/Impreza until my situation improves.

Originally Posted by KadeS

Actually.. if you have 30k, now would be a perfect time to diversify your holdings and investments... Gold.. its a horrible choice. Silver is where its at right now, though if you're looking to invest; you've missed that boat as well. Stocks on the other hand, due to the downrating of the American debt, it is the perfect time to land a couple stocks (see what happens tomorrow, I can almost grantee another drop)

But anyways. Right now, save. If you can.. mooch off your parents as long as possible (more money for cars and a house with a track for a driveway!)

Silver is the better investment/safe haven by far right now. Gold is way up because of the economy/government. But historically they had a 16:1 ratio for price and Gold is much higher than that. Plus it's easier to use silver as currency than it is to use gold. Silver dimes are worth almost $3 dollars a piece right now and Silver quarters are $7 a piece. But the time to buy would have been 10 years ago or even just 3-5 years ago. Prices have skyrocketed for both precious metals.

I have heard that some places are accepting silver as currency . I haven't seen any places that are doing that though.

[Aki]

I think a great time to buy a house will be in the next year or so. Housing market still hasn't bottomed out, there's still a giant surplus that banks haven't been putting out in the wild. Plus all those temporary mortgage readjustments are band-aid solutions.

[1660]

Originally Posted by Giccin

5. Invest in gold.

COMEX hits new high, $1817.60.

[zigzagz94]

Screw gold invest in guns. Brand new AK-47's and FAL's are going for $1800-$2000 USD in Libya right now. When the SHTF or TEOTWAWKI hits guns and bullets will be worth way more than gold and silver in the new barter economy.

[Want.FR-S]

Originally Posted by 1660

COMEX hits new high, $1817.60.

Which price are you looking at? I saw gold price in ny cmx currently at 1761.80.....

[1660]

Originally Posted by Want.FR-S

Which price are you looking at? I saw gold price in ny cmx currently at 1761.80.....

$1817.60 is a new high, not current or close. Gold price fluctuate hour to hour from market to market.

[Allch Chcar]

Originally Posted by zigzagz94

Screw gold invest in guns. Brand new AK-47's and FAL's are going for $1800-$2000 USD in Libya right now. When the SHTF or TEOTWAWKI hits guns and bullets will be worth way more than gold and silver in the new barter economy.

Full auto AK-47s, with original Russian spec, and made in china go for $250 last I checked. One of the few items known for their reliability and Chinese manufacture. Although gun importing is highly regulated and fully automatic rifles built after 1984 are illegal. Semi-auto is better on ammo anyway but still, I digress.

Houses and land are a good buy now, don't know if they will be later . I can't help but chuckle at the thought of needing guns to reinforce land ownership. Heh. I hope that day never comes .

[Giccin]

I think the U.S is going to flop and the Chinese are going to take over. :l

Better start learnin!

Or be ready for a zombie apocalypse.

Saving your money for a house is reasonable. Investing in gold is reasonable. But when the world ends... what use do those "needed" items become?

[Matador]

Originally Posted by Giccin

I think the U.S is going to flop and the Chinese are going to take over. :l

Better start learnin!

Or be ready for a zombie apocalypse.

Saving your money for a house is reasonable. Investing in gold is reasonable. But when the world ends... what use do those "needed" items become?

Melt your gold bullion to make bullets?

And I'm pretty sure somewhere "safe" to sleep would be useful

[Allch Chcar]

Originally Posted by Giccin

I think the U.S is going to flop and the Chinese are going to take over. :l

Better start learnin!

Or be ready for a zombie apocalypse.

Saving your money for a house is reasonable. Investing in gold is reasonable. But when the world ends... what use do those "needed" items become?

Well darlin', you're in the wrong state to be located if the whole country goes under. If CA was out of Gasoline or food for a week it would mean mass rioting/looting for the whole state of CA. Or even if another policeman kills somebody "out of hand."

Remember this, the US gov't failing does not mean the country, states, and economy is going to fail, but the US Dollar losing value means a painful transition time over to a new currency or a different system.

Originally Posted by MatadorRacing_F1

Melt your gold bullion to make bullets?

And I'm pretty sure somewhere "safe" to sleep would be useful

A waste of gold when lead is far cheaper/easier to acquire. Gold will always have value as a commonly accepted trade good. Plus you need gunpowder for bullets. Reloading shells is what you would look into for ammo instead of melting down precious metals. We don't use lead ball for ammo anymore .

Anyway I think your castle/compound/fortress/bunker w/e you call your home is far more important than a new car. And of course adequate security to protect said estate. I also believe self-reliance is a matter of pride. So call me the crazy one here, I'm not suggesting a zombie Apocalypse or a Chinese takeover/invasion .

[Giccin]

Originally Posted by MatadorRacing_F1

Melt your gold bullion to make bullets?

And I'm pretty sure somewhere "safe" to sleep would be useful

Originally Posted by Allch Chcar

Well darlin', you're in the wrong state to be located if the whole country goes under. If CA was out of Gasoline or food for a week it would mean mass rioting/looting for the whole state of CA. Or even if another policeman kills somebody "out of hand."

Remember this, the US gov't failing does not mean the country, states, and economy is going to fail, but the US Dollar losing value means a painful transition time over to a new currency or a different system.



A waste of gold when lead is far cheaper/easier to acquire. Gold will always have value as a commonly accepted trade good. Plus you need gunpowder for bullets. Reloading shells is what you would look into for ammo instead of melting down precious metals. We don't use lead ball for ammo anymore .

Anyway I think your castle/compound/fortress/bunker w/e you call your home is far more important than a new car. And of course adequate security to protect said estate. I also believe self-reliance is a matter of pride. So call me the crazy one here, I'm not suggesting a zombie Apocalypse or a Chinese takeover/invasion .

Big brother is watching. He's always watching....

Anyways, with the stock market crash. Buying anything big around this time is a bit risky.