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The Sandbox - National The Sandbox is a collection of off-topic discussions. Humorous threads, Sports talk, and a wide variety of other topics can be found here.

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Old 04-05-2012, 04:41 PM   #1
LovingKayla
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Default Gold and silver

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.
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Old 04-05-2012, 05:01 PM   #2
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Quote:
Originally Posted by LovingKayla View Post
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.
Storage expenses, safety if you are storing at your residence, and selling it is a PIA if you physically take possesion.
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Old 04-05-2012, 05:03 PM   #3
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It's very lucrative if your into trading commodities on WS.
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Old 04-05-2012, 07:19 PM   #4
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I highly recommend investing in metals. . . particularly lead and brass.
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Old 04-05-2012, 08:09 PM   #5
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Is copper not a good investment anymore?
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Old 04-05-2012, 08:11 PM   #6
nwarounder
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Is copper not a good investment anymore?
It is for the meth heads, strip a new construction site and it's parteeeeee time!
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Old 04-05-2012, 09:02 PM   #7
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Quote:
Originally Posted by Iaintliein View Post
I highly recommend investing in metals. . . particularly lead and brass.
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
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Old 04-06-2012, 01:14 AM   #8
JD Barleycorn
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Copper is runing about $4 a lb and silver is about $30 an ounce. Copper is very plentiful. Lets not forget precious gems.
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Old 04-06-2012, 03:36 AM   #9
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Now why does no one come up with the most important reason why you should never buy physical metals:

SALES TAX
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Old 04-06-2012, 03:48 AM   #10
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Quote:
Originally Posted by JD Barleycorn View Post
silver is about $30 an ounce.
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.
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Old 04-06-2012, 05:21 AM   #11
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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.
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Old 04-06-2012, 06:55 AM   #12
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Maybe here is an idea to invest ................... Dollars for sale?
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