
Originally Posted by
fiat128
I don't think much about "investing" in gold. It's mostly a scam (esp. buying bullion as you won't get your full purchase price out of scrap). Gold is mainly used as a hedge in uncertain economic times to hold value, which is why it's so high right now.
I see the world economy improving on the whole (although it sure is having fits and starts isn't it?) and expect the price of gold and silver to go back down.
The only gold I deal with is scrap metal. I am pulling and saving all the electronic boards I run across. I also find alot of gold at yard sales for almost nothing (how can so many people not know what "14K" means?)
SHHHH don't tell people about mining gold at yard sales!!!!
And dude you sell your gold at the wrong place. I sell my 99.99% pure gold at 100% spot price =-D
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