Precious Metal Prices
Posted November 20th, 2008 by Bjarni
output
As of 14:00 11/20/08 we have
Platinum at $777.00 (High in Feb 08 at around $2250) Fall of 65.5%
Gold at $750.30 (High in April 08 at around $1000) Fall of 25%
Palladium at $178.00 (High in March 08 at around $575) Fall of 69%
Silver at $9.12 (High in March 08 at around $20) Fall of 55%
(High Figures and Fall % are rough calculations)
I've been wondering that on charts Platinum and Palladium have crashed alot harder than Gold and Silver. Does that make them a good or even a better investment than Gold/Silver ?
Bookmark/Search this post with:
So where do I get some gold...
assuming I wanted it in hand for barter times. Where can you buy it, and how much do you pay? It's different getting gold in hand vs. gold on paper, isn't it?
--------
We don't know how to mind our own business
'Cause the whole worlds got to be just like us
Now we are fighting a war over there
No matter who's the winner
We can't pay the cost
-Steppenwolf 1969
check out rennaisance
check out rennaisance precious metals.. www.stevequayle.com
he has some fractional gold.. don't know about now!
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
In the 90s, my gold broker tried to sell me platinum
It was trading under $600 at the time. But I said no, it's not money, I want something I can trade if the world becomes Bartertown. I bought gold and junk silver instead--which I'm still happy to own.
However, if I had bought the Platinum at $600, it would have been a tremendous investment. If it goes down to $600 again, this time, I will buy it!
yep... there will be a time
yep... there will be a time to buy but not now.
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
no I would not buy platinum
no I would not buy platinum or palladium.. they are primarily used in automobiles. that industry will suffer for years to come.. gold and silver are money! silver is used in hundreds of manufacturing processes. You are going to see Gold and Silver become money again.
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
Gold is money. Silver is
Gold is money. Silver is half and half. One thing silver has going for it is that it is largely a by-product of base metal production, so if copper production, say, gets scaled back, so does silver production. Thus silver has something of a buffer from demand destruction for industrial use.
yep.. but if you look at
yep.. but if you look at silver through out history it has been used more like money then gold.. and it also has the industial use side too!
"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson
I am more concerned about the return of my money than the return on my money. --Mark Twain
it will be interesting ... i
it will be interesting ... i own quite a bit of silver and only 3 ounces of gold ..
1100 bars
200 eagles
3 gold coins
I'm trying to understand......
why anybody in their right mind would post on the internet exactly how much gold/silver they have?
Because they believe they are unfindable....
...and they are to a great extent.
I may not know the truth, but I know when I'm being lied to...
I have 200 bars
under my bed. I will be leaving my house today between 11am-1pm. Those people will never find me in Los Angeles hahahahahhahaha
NOW
that's some funny shit!
lol ... maybe because i need
lol ... maybe because i need to sell some? =]
Gold
Might start its expected incline today. It is up $49.50 so far this morning. Going straight up.
NO I WAS GOING TO BUY
right after thanksgiving
I was wondering the same
I was wondering the same thing. Some friends at ronpaulforums.com help me understand that when the economy finally tanks out the platinum and palladium should be pretty cheap due to industrial use or lack there of if we are in a depression. Just a thought, but I am considering purchasing some myself. Looking at the 10yr charts not bad at all for palladium, not so bad for platinum either. I think I will watch for a while longer to see if it drops more.