Invest in Gold | TigerDroppings.com

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Vood
Air Force Fan
Enjoying a Forty with Lando
Member since Dec 2007
5861 posts

Invest in Gold


Invest as much as you can in Gold, because everything else is about to take a massive hit. It looks like we are about to enter a major recession.








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dewster
Maryland Fan
Tennessee
Member since Aug 2006
8715 posts

re: Invest in Gold


You sound certain of this. I'm not saying it isn't going to happen, but there have been a few times over the past 2 years where I thought we were headed back into a recession.


This post was edited on 11/9 at 4:15 pm


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Vood
Air Force Fan
Enjoying a Forty with Lando
Member since Dec 2007
5861 posts

re: Invest in Gold


I am not certain, but it looks like the layoffs are starting that were held off because of the election and the stock market has seen better days.







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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
28633 posts

re: Invest in Gold


Why not real estate instead? Taking the tax break and inflation into consideration and you are borrowing at negative real rates. Can't do that with gold, plus you can rent a property and get a return.





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Bunk Moreland
Michigan Fan
Detroit, MI.
Member since Dec 2010
5037 posts

re: Invest in Gold


Isn't cash better if things go deflationary?





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Tmacelroy12
LSU Fan
Houston
Member since Aug 2012
5489 posts

re: Invest in Gold


quote:

Isn't cash better if things go deflationary?

I don't think so, even though you have more purchasing power, you have to think of opportunity costs. You could make a greater return on investing, greater than the deflationary rate.





This post was edited on 11/10 at 1:40 am


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ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
5887 posts

re: Invest in Gold


In most markets, Real estate is better than gold right now. As long as investor loans are under 4% and lending laws staying the way they are, real estate is an easy 20% return on your initial investment yearly as well as the equity building aspects.

I do not see gold yielding a consistent 20% return yearly. I am we'll documented about how heavy I went into gold/silver on this board in 08'







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VanRIch
LSU Fan
Covington, La
Member since Sep 2007
3207 posts

re: Invest in Gold


I'm getting ready to buy some gold coins from my paw-in-law. Been reading a lot of positive things about the outlook for 2013.





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LSUcam
LSU Fan
Destin FL
Member since Dec 2011
381 posts

re: Invest in Gold


While everyone bails out of solid company stocks for useless over-allocated positions in gold, I will buy your companies at a discount and make a healthy return because I know companies are able to generate cash flows in the current environment while your gold... looks pretty?





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Dead Mike
LSU Fan
Cell Block 4
Member since Mar 2010
1736 posts

re: Invest in Gold


I've been investing heavily in gold recently, mostly chains, watches and grills. I like to keep my assets liquid, something I can dump at a pawn shop if I'm in a rough spot.





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Bard
LA-Monroe Fan
BR
Member since Oct 2008
14859 posts

re: Invest in Gold


Gold is up almost $100 since the election.



Unless something is done about the upcoming tax hike, expect it to go higher the closer we get to the end of the year.






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jso0003
Auburn Fan
Birmingham/Atlanta
Member since Jun 2009
4688 posts

re: Invest in Gold


quote:

While everyone bails out of solid company stocks for useless over-allocated positions in gold, I will buy your companies at a discount and make a healthy return because I know companies are able to generate cash flows in the current environment while your gold... looks pretty?


X2






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lsuoilengr
Member since Aug 2008
861 posts

re: Invest in Gold


The Coming Boom

Predicting the future is hard brah






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Tigris
Colorado Fan
In a van by the river.
Member since Jul 2005
5519 posts

re: Invest in Gold


quote:

Invest as much as you can in Gold
... It looks like we are about to enter a major recession.


You need to look at the performance of gold in the 2008 recession if you believe we are entering another one. Longer term I like gold, right now it's tough to like anything other than cash because I'm also thinking the odds of a recession are too great for me to be in the market.






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goodgrin
LSU Fan
Atlanta, GA
Member since Nov 2003
1188 posts

re: Invest in Gold


quote:

Invest as much as you can in Gold, because everything else is about to take a massive hit


How are you investing in gold? Physical, paper, etc.






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tigeryat
LSU Fan
God's Country
Member since Oct 2005
2522 posts
 Online 

re: Invest in Gold


Misery loves company.







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