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-   -   I've spent over 100k USD on gold in the past 3 months. (https://gfy.com/showthread.php?t=860238)

adultchatpay 08-22-2011 05:55 AM

I like that sister golder hair!

Sausage 08-22-2011 05:57 AM

I bought a ton of gold 3 years ago. Best thing I ever did ... and despite all the know-it-alls telling me i was crazy.

wehateporn 08-22-2011 06:03 AM

Quote:

Originally Posted by Emil (Post 18371421)
The Swiss Franc isn't backed by gold anymore I think....

http://en.wikipedia.org/wiki/Swiss_franc

The Swiss franc has historically been considered a safe-haven currency with virtually zero inflation and a legal requirement that a minimum of 40% be backed by gold reserves.[9] However, this link to gold, which dates from the 1920s, was terminated on 1 May 2000 following a referendum.[10] By March 2005, following a gold selling program, the Swiss National Bank held 1,290 tonnes of gold in reserves which equated to 20% of its assets.[11]

Sid70 08-22-2011 06:14 AM

Virtual gold has been... Mallicked long ago :)

Horny Joe 08-22-2011 06:18 AM

I have a fat bracelet worth $3,000. I´m all set :)

L-Pink 08-22-2011 06:18 AM

Quote:

Originally Posted by Sausage (Post 18371483)
I bought a ton of gold 3 years ago. Best thing I ever did ... and despite all the know-it-alls telling me i was crazy.

Wow, a ton? I had no idea you were such a baller :winkwink:

.

PR_Glen 08-22-2011 06:31 AM

Quote:

Originally Posted by Sausage (Post 18371483)
I bought a ton of gold 3 years ago. Best thing I ever did ... and despite all the know-it-alls telling me i was crazy.

It's never crazy to invest. What is crazy is putting all your eggs in one basket with anything. I know almost nothing about investing but this much I do know.

congrats on your score.

Lykos 08-22-2011 06:37 AM

Gold is gold:)

My Pimp 08-22-2011 07:15 AM

That was a very good investment.

Choopa Phil 08-22-2011 07:35 AM

nice thread bump, looks like he made a VERY nice profit

ilnjscb 08-22-2011 08:07 AM

Even if things collapse, they take a days and perhaps weeks. The gold is useful to get out, and get to a safe place, whatever that may be. More than you can carry probably won't help though.


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