Comments on: Is Precious Metal Investing Only For Survivalists and Conspiracy Theorists? http://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/ A place to discuss money...for the rest of us. Fri, 10 Feb 2012 05:21:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Is Precious Metal Investing Only For Survivalists and Conspiracy | My Sitehttp://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-33009 Is Precious Metal Investing Only For Survivalists and Conspiracy | My Site Mon, 01 Jun 2009 03:52:44 +0000 http://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-33009 [...] Is Precious Metal Investing Only For Survivalists and Conspiracy Posted by root 11 minutes ago (http://www.mytwodollars.com) Anyway feel free to move this comment to another thread if you feel it too spammny funding furniture future gambling gao garden gardening all rights reserved powered by wordpress wordpress themes Discuss  |  Bury |  News | Is Precious Metal Investing Only For Survivalists and Conspiracy [...] [...] Is Precious Metal Investing Only For Survivalists and Conspiracy Posted by root 11 minutes ago (http://www.mytwodollars.com) Anyway feel free to move this comment to another thread if you feel it too spammny funding furniture future gambling gao garden gardening all rights reserved powered by wordpress wordpress themes Discuss  |  Bury |  News | Is Precious Metal Investing Only For Survivalists and Conspiracy [...]

]]> By: Dough Rollerhttp://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-24015 Dough Roller Thu, 20 Dec 2007 01:54:19 +0000 http://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-24015 I've owned silver bars in the past. They made a great tax deduction when I sold them. Commodities as a whole tend to return 0% after inflation. They can be used as a hedge against inflation, but frankly natural resources (energy, timber) probably make better choices than precious metals, in my opinion. That said, a few gold and silver coins at the ready help some sleep better at night. I’ve owned silver bars in the past. They made a great tax deduction when I sold them. Commodities as a whole tend to return 0% after inflation. They can be used as a hedge against inflation, but frankly natural resources (energy, timber) probably make better choices than precious metals, in my opinion. That said, a few gold and silver coins at the ready help some sleep better at night.

]]> By: Patrickhttp://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-24014 Patrick Thu, 20 Dec 2007 00:10:11 +0000 http://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-24014 I have a very small portion of my portfolio in a precious metals fund (maybe 2-3% total). I don't think that will hurt me much, and even though that particular fund increased 30% this year, it won't help me much either. ;) I have a very small portion of my portfolio in a precious metals fund (maybe 2-3% total). I don’t think that will hurt me much, and even though that particular fund increased 30% this year, it won’t help me much either. ;)

]]> By: Davidhttp://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-24010 David Wed, 19 Dec 2007 20:35:41 +0000 http://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-24010 No, not really - I think they are all terrible candidates, to be honest. But so far, RP is the only one coming across as kind of nuts, as we all discussed in the other thread. Anyway, thanks for the comment. :-) No, not really – I think they are all terrible candidates, to be honest. But so far, RP is the only one coming across as kind of nuts, as we all discussed in the other thread. Anyway, thanks for the comment. :-)

]]> By: MFJhttp://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-24009 MFJ Wed, 19 Dec 2007 20:32:08 +0000 http://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-24009 Sort of funny - I read this article before the Ron Paul article and actually thought you might be a Ron Paul supporter :-) Not to kick a dead horse - but think you should do a little more research before you call someone crazy...pretty sure I could find an article on every candidate that would make them sound insane. He's the only candidate out there who seems to understand the fiscal problems. Anyway feel free to move this comment to another thread if you feel it's too spammny ;-) MFJ http://www.MyFinancialJourney.com Sort of funny – I read this article before the Ron Paul article and actually thought you might be a Ron Paul supporter :-)

Not to kick a dead horse – but think you should do a little more research before you call someone crazy…pretty sure I could find an article on every candidate that would make them sound insane. He’s the only candidate out there who seems to understand the fiscal problems. Anyway feel free to move this comment to another thread if you feel it’s too spammny ;-)

MFJ
http://www.MyFinancialJourney.com

]]> By: MFJhttp://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-23997 MFJ Wed, 19 Dec 2007 16:36:21 +0000 http://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-23997 Invest is a tricky word when it comes to gold/silver. The value of gold and silver really does not fluctuate that much and thus the true value (purchasing power) of your gold/silver will remain the same - even though it takes more of those ever decreasing in value paper dollars to purchase the same amount of gold/silver. Essentially you won't become any wealthier investing in gold/silver but at same time you won't constantly be losing money as the USD continues its inevitable plummet. I guess the moral of the story is gold/silver is certainly 100 times better than holding cash as Inflation will continually eat away at the paper dollars. Invest is a tricky word when it comes to gold/silver. The value of gold and silver really does not fluctuate that much and thus the true value (purchasing power) of your gold/silver will remain the same – even though it takes more of those ever decreasing in value paper dollars to purchase the same amount of gold/silver.

Essentially you won’t become any wealthier investing in gold/silver but at same time you won’t constantly be losing money as the USD continues its inevitable plummet.

I guess the moral of the story is gold/silver is certainly 100 times better than holding cash as Inflation will continually eat away at the paper dollars.

]]> By: My Dollar Planhttp://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-23993 My Dollar Plan Wed, 19 Dec 2007 16:04:14 +0000 http://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-23993 I wouldn't directly. But I'm boring... plain index mutual funds for me! I wouldn’t directly. But I’m boring… plain index mutual funds for me!

]]> By: Pinyohttp://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-23989 Pinyo Wed, 19 Dec 2007 15:22:53 +0000 http://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-23989 I think it's a good hedge against inflation, volatility, and currency weakness. Should be a small part of every portfolio. I think it’s a good hedge against inflation, volatility, and currency weakness. Should be a small part of every portfolio.

]]> By: Davidhttp://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-23985 David Wed, 19 Dec 2007 06:59:04 +0000 http://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-23985 Oh I agree mbhunter, I agree! At least metal is metal, not just paper milled at a govt. agency! Oh I agree mbhunter, I agree! At least metal is metal, not just paper milled at a govt. agency!

]]> By: mbhunterhttp://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-23984 mbhunter Wed, 19 Dec 2007 06:02:42 +0000 http://www.mytwodollars.com/2007/12/18/is-precious-metal-investing-only-for-survivalists-and-conspiracy-theorists/#comment-23984 Thanks for your interest in my post David! It's impossible to plan for every contingency but having some gold and silver covers a few bases. Hard-core survivalists would do much more. It's best to keep one's ear to the ground once in a while, even if it's not there all the time. Thanks for your interest in my post David!

It’s impossible to plan for every contingency but having some gold and silver covers a few bases. Hard-core survivalists would do much more. It’s best to keep one’s ear to the ground once in a while, even if it’s not there all the time.

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