10 treasures that outshine gold
Fearful investors were flocking to the precious metal not long ago, but its price has gone stagnant. Here are 10 alternatives to stocks and bonds with more potential.
MORE ON MSN MONEY
VIDEO ON MSN MONEY
All the metals will go up as we print more and more worthless dollars. Just like gold has gone up a $1000/oz plue in the last decade, and Silver is over $30 an ounce as the FED prints. We have increased the supply of dollars 58% (M2 money supply) since Obama took office. Even stocks will be propelled higher. Not that the economy is doing good, just they are a safer store of wealth than dollars.
And Obama is wrong. The US is a deadbeat nation. We can ONLY pay our bills by BORROWING more. To use Obama's anaolgy we can only pay our dinner tab if we call the bank and they grant him and increase in his credit limit. Otherwise, he cannot pay.
Sorry Mr. Obama, but you cannot SPEND and BORROW your way out of DEBT. The man is an imbecile.
Buddy, what ever your smoking, pass the dubie, I'd like a toke. Economic Conditions are far from stable and Europe is not under control. Wow, Gimme another toke! Cool, and pigs fly!
And while we are toking up, the Pot industry is looking up. Soon it will legal in every state looking for tax money. When they all see what CO and the other state I forget, bring in in taxes they will all legalize it. Gambling use to be a sin, now it is big business.
I'll keep my Gold. With Obozo and Helicopter Ben spending money that isn't there money, like drunken fools, Gold's gonna go up. I believe Gold is simply having a sale right now. And not to put to fine a point on this, Gold is a Precious Metal and so is Silver, Platinum, Paladium and Rhodium nothing wrong with buying any or all. Copper is looking good to me, but will have some bumps based on housing and China.
The rest of your ideas, well they ain't so hot!
I'm thinking Oil, Gas, Service, Pipelines, Drillers are all gonna be fine. And maybe the best one of all will be water industry stocks.
Only time will tell.
The author of this article is an idiot, this is nothing but a hack piece on Gold & Silver. Michael Brush is part of the propaganda machine trying to hold down the price of Gold and Silver to disguise the rampant devaluation of the dollar. The fact is that the Fed IS printing money out of thin air and that Gold and Silver are THE best hedge to the eventual collapse of the dollar as a result of the "QE to Eternity" insanity. As far as the author's recommendations...LOL!
1. Diamonds - Diamonds are common stones. Supply and prices are completely controlled by DeBeers! You'll only be able to sell at the wholesale price.
2. Vintage art deco designer jewelry - You'll never be able to sell it at the price you bought it!
3. Moon rocks - Are you serious? Really grasping at straws putting something like this on this list!!!
4. Gibeon meteorites - [see #3]
5. Classic animation art - Good luck getting your money back. You'll end up selling it on ebay!
6. Luxury designer handbags - Only a Trashdashian would consider this an "investment"!
7. Platinum - As Gold goes...so goes Platinum! But less liquid when comes time to sell!
8. Palladium - As Gold goes...so goes Palladium! But even less liquid when comes time to sell!
9. Rhodium - As Gold goes...so goes Rhodium! But even more less liquid when comes time to sell!
10. Copper - As Gold goes...so goes Copper! Poor man's Gold, even poorer man's Silver!
Gee, it takes about 157 pre-1981 pennies to make 1 lb. of copper worth $3.60. That means if you seperate them out and melt them, you stand to make more that $2 in profit. Yes, it is illegal to destory the coins, but once they are melted down, who will know? Plus the law probably is not constitutional anyway.
I would wager a way can be found to seperate out the copper coins from the copper plated zinc ones. Someone will probably become wealthy melting these down.
I will trade ya this gold coin for that red juicy steak and a bag of potatoes.. mummmm some butter too please.
A lot of these suggestions still are investing in metals, and probably good advise. However, gold is compact, and it is feasable to have a fair amount of it in a safe in your home should an emergency strike. It is readily tradeable, not something used for a production of some kind, or demanding a unique buyer. Having the metal in your possession is a choice of many for a lot of reasons.
And as earlier comments have stated, A PURSE, really!!! Would you really carry around a $60,000 purse? What happens when you drop it in a puddle or your toddler spills icecream on it. maybe these people have different lives than I do, but that's OK, no envy here!
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
More Market News
|There’s a problem getting this information right now. Please try again later.|