Gold and silver, Investments Options

[mirocu]

This is a video I thought were worthy of posting


What counts as money is what people say is money. Could be caps Fallout-style for all we know. However at this point, I prefer precious metal.

[mALX]

What counts as money is what people say is money. Could be caps Fallout-style for all we know. However at this point, I prefer precious metal.

*mALX counts turds in cat litter box*


"Eureka! There's gold in them there hills!"






This post has been edited by mALX: Oct 16 2015, 05:18 PM

[mALX]

This is a video I thought were worthy of posting

That man said "the dollar will decline, but silver will always be silver" = True, but silver's value fluctuates just like the dollar's value fluctuates; and nothing you can do can influence it to increase in value.

The market that is more stable than precious metals is real estate. Invest in land; and you can cause its value to raise by improving it.

No matter how bad a recession is; people will always need a home - and they won't be buying precious metals in a recession; they will be selling them to buy the land.

So you invest in the land; improve it; and when hard times come you buy up people's precious metals to give them the money to buy your properties. (that way you get your money back immediately).

Then when the market goes up again, sell the precious metals for a profit and buy up more land, and start improving it. (and the circle continues). Land ownership gives you tremendous power and political pull as well.

Then when you're rich from following my advice, send me 10% of your net profit; etc.








This post has been edited by mALX: Oct 17 2015, 04:11 PM

[mirocu]

I agree about owning land and a house (with little or no mortage on it preferrably)


I personally prefer precious metals over stocks because that always holds value (if not as money it still has industrial use and therefore it has value) and it´s something I can hold in my hand. I´m not completely out of the stock market though, I like to diversify and have eggs in many baskets

This post has been edited by mirocu: Oct 17 2015, 03:56 PM

[mALX]

I agree about owning land and a house (with little or no mortage on it preferrably)


I personally prefer precious metals over stocks because that always holds value (if not as money it still has industrial use and therefore it has value) and it´s something I can hold in my hand. I´m not completely out of the stock market though, I like to diversify and have eggs in many baskets

Well, not having any debt is always a good thing; but that equity can also be used as a resource to tap for funding other investments. (plus you can live in them if you want!).

[mirocu]

Counted my last purchase yesterday!

This post has been edited by mirocu: Feb 25 2018, 09:22 PM

[Acadian]

Why do I now have an image of Scroodge McDuck McMirocu down in his vaults counting his gold and silver?

http://stormstrike.files.wordpress.com/201...oge_mcduck1.png

[mALX]

Why do I now have an image of Scroodge McDuck McMirocu down in his vaults counting his gold and silver?

http://stormstrike.files.wordpress.com/201...oge_mcduck1.png

I'm shocked you knew Scrooge McDuck's name,

[mirocu]

Decided to put in this short video with the underlying message; diversify. Don�t get all in on gold or silver. Make them a part of your saving portfolio if you are able, but as with any investment it�s best to spread the risks.

This post has been edited by mirocu: Feb 25 2018, 09:47 PM

[mirocu]

Edit: Link not working

This post has been edited by mirocu: Apr 30 2023, 11:08 AM

[mALX]

Around here if you have copper pipes and go on a vacation leaving your home unprotected - there are those among us that "visit" your house in your absence and remove the copper pipes - smelt them down and sell them to the local foundry.

Not a great surprise to come home to, if it happens to you.

[mirocu]

I really like my copper pieces, and especially the kilo bar. Yeah, copper is not valued nearly as high as silver even, but it has a very nice colour. Plus, like silver and gold, it does have some real use to it

[mALX]

I really like my copper pieces, and especially the kilo bar. Yeah, copper is not valued nearly as high as silver even, but it has a very nice colour. Plus, like silver and gold, it does have some real use to it

You should see what a big vat full of copper looks like! BWAAHAA!!!


(Just kiidding!)

[mirocu]

That one honestly flew right over me

[mALX]

That one honestly flew right over me

You have to be remembering what I said just above that for it to be funny.

[mirocu]

Ahh, ok

[mALX]

Ahh, ok

Just kidding - never done that, myself; but - actually have seen the vat full of smelted copper. The guy had a garage with a false wall, the back wall of it swung around and opened up (with all its hanging tools still in place) into what looked like a plain yard; with a patio and BBQ, chairs, etc.

If you drove out the back false wall of his garage, you'd drive past his patio, etc. and keep going down this dirt path and around a windy path through some trees. There was a natural gap in the mountain there, but it was completely enclosed by the mountain and his house, you could only reach it through that false wall in his garage; and couldn't see it from anywhere but inside his house - even then it just looked like any back yard.

But back there he had a still and that smelting operation going on. And if you kept following that winding dirt path it went up the mountainside within that gap and he had an entire stolen car stripping operation at the top of the mountain.

The stolen cars would go in and were broken down into pieces in under 2 hours. By four hours the pieces were painted a different color (quite professionally looking, actually) - all VIN numbers sanded off and/or new ones exchanged from cars in junkyards.

You could buy your own car that was stolen back and never know it, lol. Anyway, the guy died and his wife sold the place and moved; and the secrets behind his car selling business all kind of got exposed, lol. Me being the curious type, I took the tour of it; and seriously was tempted to buy, just for the novelty of having all those secret places, lol.

But I didn't, was afraid of being there when some 10 year old sting operation suddenly got sprung - which is probably why his wife sold and moved too, lol.