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Started By
Message
re: Rush was right about buying Gold.
Posted on 10/3/25 at 8:27 pm to APHA
Posted on 10/3/25 at 8:27 pm to APHA
I would agree with you in years past, that is not the case at the moment. The banks are buying up all the gold.
But I can't sell gold, only buy.
It's a disease when you hold a pound or so of your own gold; it's a feeling of comfort non-existent from anything else.
But I can't sell gold, only buy.
It's a disease when you hold a pound or so of your own gold; it's a feeling of comfort non-existent from anything else.
This post was edited on 10/3/25 at 8:31 pm
1
Posted on 10/3/25 at 8:38 pm to jrodLSUke
quote:
S&P 500 has outperformed gold.
this. i can't justify investing in gold over the S&P 500
Posted on 10/3/25 at 8:39 pm to BarberitosDawg
If you bought gold on January 1 2028, you have made 291%. If you bought the S&P 500 on January 1 2008, you have made a return of 379%.
History does not determine the future, but the fact is that you would’ve made more money investing in equities over the last 17 years than you would, if you were focused on gold.
That said I’ve hedged a lot over the last 24 months. I now own a lot of gold and silver funds, along with crypto. They have done well.
I’m not someone who supports owning physical gold. If we come to a point where we are relying on physical gold for currency, then the world has collapsed and what you really need is guns and bullets. I have a lot of those as well.
History does not determine the future, but the fact is that you would’ve made more money investing in equities over the last 17 years than you would, if you were focused on gold.
That said I’ve hedged a lot over the last 24 months. I now own a lot of gold and silver funds, along with crypto. They have done well.
I’m not someone who supports owning physical gold. If we come to a point where we are relying on physical gold for currency, then the world has collapsed and what you really need is guns and bullets. I have a lot of those as well.
This post was edited on 10/3/25 at 8:41 pm
Posted on 10/3/25 at 8:40 pm to Scumbag from NewYork
Trust me, I diversify, but if you ever invest and hold that tangible power, you will know what I know.
Posted on 10/3/25 at 8:52 pm to BarberitosDawg
Try getting on a plane with a couple of gold bricks
Posted on 10/3/25 at 8:54 pm to BarberitosDawg
quote:I like gold but if you’re into the sovereign aspect, it’s child’s play compared to owning btc.
Trust me, I diversify, but if you ever invest and hold that tangible power, you will know what I know.
Posted on 10/3/25 at 8:55 pm to HighProofWheated
My plane? No problem...
This post was edited on 10/3/25 at 8:57 pm
Posted on 10/3/25 at 8:58 pm to BarberitosDawg
My father got absolutely duped by some guys at Rosland Capital.
It’s a shame that people take advantage of those with dementia.
It’s a shame that people take advantage of those with dementia.
Posted on 10/3/25 at 8:59 pm to mule74
quote:
If you bought gold on January 1 2028, you have made 291%. If you bought the S&P 500 on January 1 2008, you have made a return of 379%.
I’m not even going to tell you what you would have made with Bitcoin. It’s sickening.
Posted on 10/3/25 at 9:02 pm to BarberitosDawg
Lord the amount of money you have missed out on
Posted on 10/3/25 at 9:02 pm to BarberitosDawg
That was a commercial btw.
Posted on 10/3/25 at 9:08 pm to BarberitosDawg
What were your positions in 2008?
Posted on 10/3/25 at 9:12 pm to dstone12
I agree with that, but now that money has doubled. Gold is prolly going way up.
I bought a lot in 2005 and then in 2013-2015 in gold buffalo coins in the one-ounce versions, then more in 2022. Numismatic value is valued with the coins.
bulletproof.
Never put your bulk in one ETF or tangible venue for sure.
I have a fortune in MISSO- Robotics right now that I probably will lose every penny. It doesn't matter, it's play money. But better than playing the lottery. You have to show millions just to invest and lose money!
.I want that big house in Boulder, Colorado, with the view!
I bought a lot in 2005 and then in 2013-2015 in gold buffalo coins in the one-ounce versions, then more in 2022. Numismatic value is valued with the coins.
bulletproof.
Never put your bulk in one ETF or tangible venue for sure.
I have a fortune in MISSO- Robotics right now that I probably will lose every penny. It doesn't matter, it's play money. But better than playing the lottery. You have to show millions just to invest and lose money!
.I want that big house in Boulder, Colorado, with the view!
Posted on 10/3/25 at 9:22 pm to Gifman
That's a great question. I was leveraged in buying property in Gwinette County, Georgia, and developing residential homes. I lost everything in the crash.One went from making money hand over fist to poverty in the blink of an eye.
Posted on 10/3/25 at 9:27 pm to BarberitosDawg
You only lost money in 2008 if you pulled it out.
People who yank money out on market whims have no business being in the market.
People who yank money out on market whims have no business being in the market.
Posted on 10/3/25 at 9:33 pm to riccoar
As I have previously stated, I recovered and hold a balanced portfolio today.
Gold without selling it got me the jump back.
Gold without selling it got me the jump back.
This post was edited on 10/3/25 at 9:36 pm
Posted on 10/3/25 at 9:35 pm to BarberitosDawg
quote:
I can retire comfortably again by listening to him this time after losing most of my money in the 2008 housing crash...
Thank you, Big Guy!
You are one of the most ignorant people on this site. I have owned physical gold for years. Not a good investment but I like to look at it etc and can afford to have something not performing well.
If it comes down to having gold... having guns is better than gold.
Posted on 10/3/25 at 9:37 pm to South21
I don't think you are correct without calling you a fool.
Posted on 10/3/25 at 9:38 pm to KingOrange
quote:
Rush was right about everything
Especially when he said this, except when it came to him.
On October 5, 1995, Limbaugh said:
“Drug use, some might say, is destroying this country. And … we have laws against selling drugs, pushing drugs, using drugs, importing drugs. And the laws are good … And so if people are violating the law by doing drugs, they ought to be accused and they ought to be convicted and they ought to be sent up.”
Posted on 10/3/25 at 9:39 pm to BarberitosDawg
Please lookup golds historical performance compared to other investments. Try to educate yourself..not parrot BS.
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