The drought here in Georgia has put me out of business. I'm forced to sell off everything I own and start over again. I will have liquid assets upon the closing of my business and selling of my home. I would like to know if it is smart to put this cash on gold and also by what process do I invest in gold. Thanks for any help in this matter. Even redirects to appropriate websites would be good info.
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Gold and Silver is Real
Gold and Silver is Real Money...
You can buy Anything with Gold and Silver Worldwide... Houses, cars, etc. It is not hard to use!!
Selling your home? In this market, I'd hold off on that one!
When Doctor Paul gets in, there is sure to be a rebound although we're in a real bumpy time! I would suggest if you can rent it out for the time being if your not going to stay in it...do so...even if it costs you a couple hundred bucks a month...In the long run you will come out much better.
Mike
Who is Ron Paul? I am Ron Paul! We are Ron Paul!
"Fire Team for Freedom" on RonPaulRadio.com
Mondays and Wednesdays 10pm EST
or visit www.mikeandjake.com
Mike
"Fire Team for Freedom"
visit www.mikeandjake.com
Some of my favorite sites...
http://www.goldseek.com/
http://www.silveraxis.com/ This one has all the links on left
http://safehaven.com/index.cfm
Go here!!!
Check out Midas Resources (www.midasresources.com) and ask for Shaun. Buy non-confiscatable coins that don't have to be reported to the government!
Buying Gold? Get thee to coin dealer
The notional value of derivatives contracts now stands at $623 TRILLION. If you know the derivatives game, you know its gambling scheme. There is a finite number Treasury notes supporting an infinite levels of derivatives contracts. Make no mistake about them, there is a party and counter party to each dollar. These bets will have to be paid. Get gold and get out of the way as everybody scrambles down John Exter's Pyramid in a flight to safety.
The shadow pyramid of derivatives stands on the tip of an ounce of pure gold!
For God and Country!
For God and Country!
I'd avoid digital gold and futures
If you want physical gold and silver, the cheapest place to buy in quantity is Tulving.com, I have bought from him several times, and have recommended him to others who bought from him. ETF's are safe and when you decide to sell you can sell in seconds. Another way to get involved is gold and silver mining stocks. For stocks and ETF's just open an account at any online brokerage. 3 rules of investing, don't buy on margin, don't buy options(futures), and don't sell short. Gold is going to 5000 and silver is going to 100 before it's done.
I don't know about you
But I've been buying gold for the last 3 months and I'm making a tidy little profit. If anyone wants to sell me their gold I'll pay 95% off spot.
so would i
couldnt agree more. im planning to get more as soon as it breaks out again. just basing now but its ready to move bigtime. keep printing to bail out the banks. there isnt enough money around to solve this problem its bigger than anything we have ever seen. thank god i didnt get caught up in that refi everything and kill your equity to buy shit and take vacation you dont need and cant afford.
I wouldn't buy gold for the "upside"
It's not gonna make you much profit, BUT I own some gold as a hedge, for when the S#$%^T hits the fan.
My 2 cents (copper)
once again the disagree
my client are up 100-400 per percent. i was buying at 250 400 550 700 how can anyone make that statement the gold market has outperform the dow nasdaq and s&p since 2000 look it up yourself. we will see 2000 in the next few years. our debt is out of control. the printing presses are running 24/7
Bulliondirect and Pecunix
I use bulliondirect for physical gold/silver, and pecunix for vaulted storage and as a digital currency. If you're going to go the vaulted route, use something that is entirely offshore and secure.
Hey rustybuick
I sent you a private e-mail on this subject with the name and number of the person that my wife and I have been working with. He says that silver is the way to go but you need to spread it out a little by buying some gold, silver, and other precious metals. Give him a call he works for the oldest gold invesment firm in the US.
Give Me Freedom
If Tyranny And Oppression Come To This Land, It Will Be In The
Guise Of Fighting A Foreign Enemy. James Madison
Give Me Freedom
If Tyranny And Oppression Come To This Land, It Will Be In The
Guise Of Fighting A Foreign Enemy. James Madison
If We Have Racism We Will Not Have Freedom.
If We Have No Racism We Can Have Freedom
Quoted By: GIVE ME FREEDOM
Very High Tax Rate When Selling Gold
Gold is a great thing and everybody should have some, but profits from gold sales are taxed at 28%
Just something to consider when crunching the numbers.
if bullion coins are held
if bullion coins are held longer then 1 year they are taxed at 15%.
"Ineptocracy: a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed are rewarded with goods and services paid for by the confisc
Exactly why people still have physical gold
All the gold fund accounts are regulated and controlled so you're forced to pay taxes, and actually you don't really own the gold. Physical gold cannot be traced or controlled and is easy to sell instantly on the street sans taxes or regulation.
if you can't touch it....
if you can't touch it.... you don't own it!
"Ineptocracy: a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed are rewarded with goods and services paid for by the confisc
Gold stocks have the tax
Gold stocks have the tax advantage because they are only taxed at the normal capital gains rate rather than at the 28% rate for collectibles as is bulllion.
Once again, the inference that folks should risk prison by lying to the IRS is not really productive. After all, if that is really one's intention, one would have to be crazy to publish the fact in a public forum.
gold and silver are true
gold and silver are true money ,... when the time is here( and it is coming)
you will use silver and gold to buy everything that you use paper dollars to buy now.. there will be no tax and the purchasing power of the coin will go up so you will get more for your money!
"Ineptocracy: a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed are rewarded with goods and services paid for by the confisc
That Will be a Great Day
And only by recognizing that gold and silver profits are currently taxed at an egregious rate can we understand Dr. Paul's desire to repeal that tax and set gold free.
Gold is money; Federal Reserve Notes are IOUs for other peoples' bad mortgages. It's crazy, but it's true.
maybe
but its a lot harder to tax something when its in your hands and then its in someone else and the cash is in your pocket. ask the sellers on ebay if when they sell there gold coins there if they are paying 28 percent in taxes. lol i think not.
1) Ron says pay your taxes.
1) Ron says pay your taxes. He wants to repeal this tax, but in the meantime, it is the law. Gold buyers should keep receipts so that they can prove how much they paid for the gold and how much they sold it for, otherwise they run the risk of being taxed 28% on the entire sale price rather than just on the profit.
2) In my area, gold/coin/antique dealers must report sellers names to the State Police. There's nowhere to hide when selling physical in person.
You should move from where
You should move from where you live! geeessssss
"Ineptocracy: a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed are rewarded with goods and services paid for by the confisc
Oh, For the Love of Benji!
Yes, I should move my residence to another state so that I can engage in activities that create a risk of going to a Federal prison for income tax evasion. That ought to be a very profitable investment.
Let's get Ron to drop his plan to end the tax on gold sales. Doesn't he know it's just easier to commit perjury?
Ebay
the IRS hasn't gone there ... yet
Steve Stratton
Proud member of the R3VOLution
Steve Stratton
Proud member of the R3VOLution
So you're saying that you
So you're saying that you disagree with Ron Paul's advice to pay your taxes and you are also publicly advocating that others should submit fraudulent tax returns?
I'm sorry if I ruined anybody's day with a rational discussion of the tax implications of owning and selling gold. Please feel free to resume your nefarious activities...
precious metals...
links to dealers and to sources of dealers; enjoy:
http://www.nwtmintbullion.com/silver_bags.php
http://mjpm.com/silver.cfm
http://www.goldmoney.com/
American Metals Corp
2472 Willamette St
Eugene, OR 97405
(541) 343-3435
http://www.caseyresearch.com/
http://goldinfo.net/gold1.html
http://goldinfo.net/gold1.html
idahojoe
Forget the physicals - waste
Forget the physicals - waste of money and difficult to liquidate, not to mention costs of holding, etc.
You need an investment advisor for your unique situation. From a purely speculative position, I'd be looking at futures or GLD, a gold ETF and whatever the silver ETF is (not sure).
But it doesn't sound like you're an investor - sounds more like you need a soft landing. Call a professional registered investment advisor.
Remember also, there have been gold bugs since the 1980's who have seen their gold and silver prices sink dramatically. Be reasonable and don't buy into the hype and hysteria.
You're either a longer-term trader or a shorter-term trader. Either way, as a trader, you're chief concern is following the prevailing market prices, either 'long' or 'short'. For the gold coin bugs out there, God bless 'em, but they do so for their own personal hobby, not as an investment.
LOL my "physicals" has not
LOL my "physicals" has not been waste.. i'm up over 300% in 5 years and have no problem liquidating anything at anytime! IF YOU CAN'T TOUCH IT..... YOU DON'T OWN IT!
"Ineptocracy: a system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves or succeed are rewarded with goods and services paid for by the confisc
what?
difficult to liquidate? i could move 100k with a 2 minute phone call. that doesnt seem to difficult to me.
to diifficult to do for the average guy
for the average joe to deal in futrues. futures are a truly a scam and ill tell you why its just paper what happens in a crisis if the counter party cant deliver? as for etf sounds great but how do you know for sure that gold is really there and hasnt been loaned out by the fund or the banking institution holding the gold for the fund? if i have the gold in my hands these issue dont matter to me.