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Started By
Message
investing in gold
Posted on 7/23/13 at 6:17 pm
Posted on 7/23/13 at 6:17 pm
as a sole source of retirement planning other than my roth ira. good idea/bad idea.
6
Posted on 7/23/13 at 6:32 pm to robot55
Bad and I'm not even one of the gurus here
Posted on 7/23/13 at 6:36 pm to robot55
quote:
retirement planning
quote:T E R R I B L E ! ! ! !
as a sole source
Posted on 7/23/13 at 7:43 pm to robot55
I like to long and short gold depending on conditions. Look into NUGT when gold is in recovery and DUST when gold appears overbought. But long-term buy and hold, I wouldn't recommend.
Posted on 7/23/13 at 9:38 pm to robot55
Dude, I am kind of a goldbug guy, and I think that is a bad idea. You diversify with gold and hold for some level less than armageddon, say a Weimar or Argentina situation. But if TSHTF, you're better off with bullets and beans. I have found that goldmoney is very trustworthy. I have never heard one bad thing about Apmex other than being out of coin in the last year or so. I know nothing about ETFs or gold IRAs. Good luck! 
Posted on 7/23/13 at 11:45 pm to robot55
What's your take on gold miners (especially those with solid dividend yields)?
Posted on 7/24/13 at 12:55 am to robot55
quote:
investing in gold
There is no such thing.
There are only levels of speculation on gold.
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