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anyone here invest in Gold and Silver or other precious metals? email this discussion to a friend?

femmefatale_moi (34)   ranked 1,029 out of 2,899 in making money2 months ago

Hi i'm a newbie in mylot and a newbie in investing in physical gold and silver too... any tips from those whose been here a while and good in stock market?...
what's your view in the long term?

 
 
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underdogtoo (2032) response was accepted on 5/16/2008.
denotes best response.
tags:  investing, gold, silver, precious metals
 
1. myLot reputation of 95/100. underdogtoo (2032)   ranked 1,302 out of 2,899 in making money   2 months ago

Hey, what a wonderful thing to be, an investor in precious metals. I am wondering about that as well and maybe I should go search the internet search engines to see what I can find. I am sure there are a lot of sites that talk about these precious metals.


femmefatale_moi (34)   ranked 1,029 out of 2,899 in making money  2 months ago

hi!since you are also a filipino i'd advice you to visit www.pinoymoneytalk.com visit their forum and search for gold in their search engine... there has been a long discussion about precious metals there...
you will learn a lot about money and how it works in that website, from MF to real estate, i actually learned about mylot from that site... they are like minded decent people, you'll be in good company.
if you are interested to learn about investing in precious metals try www.goldsilver.com,, there are loads of materials there to read... check out there goldsilverblog... but you can't invest through them because they only cater for american public...
you can try www.goldmoney.com if you want to invest because they cater for anyone... it's affordable too because they sell silver by oz and they sell gold by goldgrams.

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2. myLot reputation of 96/100. bhubaneshwars (1170)   ranked 112 out of 2,899 in making money   1 month ago

Hello I come from a family of goldsmiths. I have started this business after my retirement as professor of physics. I have taught for over 40 years.Here in India people prefer both silver as well as gold jewely. This is the best form of secured investment. What do you mean by physical gold and silver?


femmefatale_moi (34)   ranked 1,029 out of 2,899 in making money  1 month ago

Physical gold and silver are investments on precious metals( aside from jewelries) that are tangible.... some people invest in Gold stocks and Gold ETF's and some people prefer gold and silver coin and, bars/ bullions.

though tangible jewelries are difficult to class as investments because some people w/ prefer some designs and it would vary in price because you need to pay for the craftmanship but in coins and bars what you see is what you get... it varies in price depending on the market price... check www.livecharts.co.uk/MarketCharts/gold.php


myLot reputation of 96/100. bhubaneshwars (1170)   ranked 112 out of 2,899 in making money  1 month ago

Thank you so much for this information.

2008 Gold Investing- Free Report 5 Ways to Get Rich on the Gold Boom and a Hidden Zero Cost Gold Stock. www.WhiskeyandGunpowder.com/gold
 
3. myLot reputation of 55/100. toledomark1975 (329)   1 month ago

you might want to tread lightly when it comes to buying gold right now, the market is extremely volatile, and you don't want to lose your shirt. Many investors will tell you that buying Physical gold and silver is a good idea, but you might want to consider an Gold ETF instead. This will soften a blow if the market goes down sharply, but will also limit your possible profits. Gold is at record prices, and you never know what will come. There is no sure thing when it comes to gold or silver anymore.

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