Gold is nice, but Platinum rocks!greenspun.com : LUSENET : TB2K spinoff uncensored : One Thread
I was a doomer last year. I did prep for Y2K. Am I "sorry" that I did? NO WAY!!!!
One of the things that I did was to buy gold, silver and platinum.
Silver, it hasn't done well. $4.94 per oz. today, 5.15 last year. Not a big loss, but still a loss.
Gold, up about 10% from $254.00 last year, to 277.70 today. Still better than the "flat" NASDAQ.
But Platinum, hee hee hee, it's 562 bucks today, up from 343.50 1 year ago. That's better than a 63% (63 PERCENT) increase in value!!!
Laughing at the pollies, counting my
-- (email@example.com), August 09, 2000
You would have done better iwth PD or Rhodium. Silver is down almost 5% in a year. US Gov. short terms did far better than that and they are liquid anywhere in the world. PT or any rare metals are sheer gambling of the kind that "preppers" were warning people about.
Are you trying to BS that you bought gold at 254?
GOLD SPENT MOST OF THE LAST TWO YEARS WELL ABOVE $290. Gareeeee and the Gold Nuts were pushing gold coins AFTERGold ran from 270 to 320. It fact, it was $324 the day Gareee pushed the coins.
The 254 price was like a one day blow out and the recovery was back in the 260 -265 range in days.
-- cpr (firstname.lastname@example.org), August 09, 2000.
-- c (email@example.com), August 09, 2000.
63% of what???? $500.00 $5000.00 $50000.00 ?????
-- gh (firstname.lastname@example.org), August 09, 2000.