Gold and silver

LovingKayla's Avatar
Ive heard from all the experts and now I'm just dying to hear what you tards have to say.

Why or why not buy metals? Not metal on paper but the physical metal.
Ive heard from all the experts and now I'm just dying to hear what you tards have to say.

Why or why not buy metals? Not metal on paper but the physical metal. Originally Posted by LovingKayla
Storage expenses, safety if you are storing at your residence, and selling it is a PIA if you physically take possesion.
It's very lucrative if your into trading commodities on WS.
Iaintliein's Avatar
I highly recommend investing in metals. . . particularly lead and brass.
Is copper not a good investment anymore?
Is copper not a good investment anymore? Originally Posted by Sexyeccentric1
It is for the meth heads, strip a new construction site and it's parteeeeee time!
cptjohnstone's Avatar
I highly recommend investing in metals. . . particularly lead and brass. Originally Posted by Iaintliein
so true, my former golfing buddy's (2 being LE) have said they cannot get enough, I guess it is going to fight the wars we are in or were
JD Barleycorn's Avatar
Copper is runing about $4 a lb and silver is about $30 an ounce. Copper is very plentiful. Lets not forget precious gems.
waverunner234's Avatar
Now why does no one come up with the most important reason why you should never buy physical metals:

SALES TAX
waverunner234's Avatar
silver is about $30 an ounce. Originally Posted by JD Barleycorn
It's $31.7525 per ounce at the moment.

A reasonable price to buy it would be $26 per ounce, not a penny more. And most important: not physical!

Gold = laughable investment.
$1631 per ounce at the moment. Remember 7 months ago it was $1921 per ounce? It lost almost $300 per ounce somewhere.
Now where did those $300 go? Investment madness? TV commercial madness?
Or maybe too many people were so stupid to believe Con Artist Glenn Beck? He made millions of it, that's for sure.
Gotyour6's Avatar
I bought lead and brass a few years ago before the spike and I am still shooting ammo that cost me 89.00 a case of XM.
waverunner234's Avatar
Maybe here is an idea to invest ................... Dollars for sale?