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riverboy
Joined: 03 Jun 2003
Location: Incheon
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 Posted: Wed Dec 08, 2010 7:57 pm Post subject: Short Term Investment ideas. |
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| Any one have any good --in Korea-- investment ideas for the next six months? |
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austrian123
Joined: 15 Oct 2010
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| Posted: Sat Dec 11, 2010 3:39 pm Post subject: Re: Short Term Investment ideas. |
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| riverboy wrote: |
| Any one have any good --in Korea-- investment ideas for the next six months? |
Silver bullion. Best investment for the next decade. Up 70% this alone, still severely undervalued. Hold for 5 years, you can make 10 times your money. |
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jaykimf
Joined: 24 Apr 2004
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| Posted: Sun Dec 12, 2010 9:53 am Post subject: Re: Short Term Investment ideas. |
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| austrian123 wrote: |
| riverboy wrote: |
| Any one have any good --in Korea-- investment ideas for the next six months? |
Silver bullion. Best investment for the next decade. Up 70% this alone, still severely undervalued. Hold for 5 years, you can make 10 times your money. |
I wouldn't bet on it.
http://www.youtube.com/watch?v=i0vEgU88IQQ&feature=related |
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austrian123
Joined: 15 Oct 2010
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recessiontime
Joined: 21 Jun 2010
Location: Got avatar privileges nyahahaha
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| Posted: Sun Dec 12, 2010 3:41 pm Post subject: |
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I thought of silver too. The only question is, what did the OP mean by short term?
But yes austrian is correct to say silver is a great investment short term or long term. I have 3 kg of silver bullion and I wish I bought more instead of putting my money into gold. |
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Madigan
Joined: 15 Oct 2010
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| Posted: Sun Dec 12, 2010 4:02 pm Post subject: |
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Silver is not a bad bet, but I hope that no one here is going all-in with silver. All commodities are up, especially out on the farm belt. Farmland in Iowa is up by $1000/acre, or about 11%, in the past quarter. Everything else on those acres has increased as well. Wheat, corn, soy, you name it. The rate of increase on ag commodities is increasing at an average rate, depending on who you ask, of 8-11% a qtr (as high as 44% per annum!!). So we're clear, the pundits are attributing this appreciation to Chinese demand because, apparently, our corn and maize is just that good; the Chinese just love our agricultural products that much.
As for myself, I am not in silver, but I'm invested in foreign stocks & currencies. |
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austrian123
Joined: 15 Oct 2010
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| Posted: Sun Dec 12, 2010 4:38 pm Post subject: |
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| recessiontime wrote: |
I thought of silver too. The only question is, what did the OP mean by short term?
But yes austrian is correct to say silver is a great investment short term or long term. I have 3 kg of silver bullion and I wish I bought more instead of putting my money into gold. |
Just bought 90kg just under $27. It's not to late to change some gold into silver. I recently sold 40% of my gold to buy silver earlier this month.
http://news.silverseek.com/SilverSeek/1290625106.php
Last edited by austrian123 on Sun Dec 12, 2010 4:48 pm; edited 1 time in total |
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austrian123
Joined: 15 Oct 2010
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| Posted: Sun Dec 12, 2010 4:47 pm Post subject: |
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| Madigan wrote: |
Silver is not a bad bet, but I hope that no one here is going all-in with silver. All commodities are up, especially out on the farm belt. Farmland in Iowa is up by $1000/acre, or about 11%, in the past quarter. Everything else on those acres has increased as well. Wheat, corn, soy, you name it. The rate of increase on ag commodities is increasing at an average rate, depending on who you ask, of 8-11% a qtr (as high as 44% per annum!!). So we're clear, the pundits are attributing this appreciation to Chinese demand because, apparently, our corn and maize is just that good; the Chinese just love our agricultural products that much.
As for myself, I am not in silver, but I'm invested in foreign stocks & currencies. |
I say bet the farm on silver, but then again, I'm a gambler by nature. Also, the silver market is much smaller than the gold market, so prices tend to be more volatile than gold, so those who less risk tolerant, holding gold, silver, paladium, foreign stocks and currencies is the way to go.
Yes you are correct, the price of all commodities are all going up in China and worldwide. This is directly attributable to price inflation that has resulted due to massive dilution of the reserve currency, the US dollar through quantitative easing (money printing). The chinese RMB is also pegged to the Dollar, so essentially China is importing inflation from the US. |
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blackjack
Joined: 04 Jan 2006
Location: anyang
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| Posted: Sun Dec 12, 2010 4:53 pm Post subject: |
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| austrian123 wrote: |
| recessiontime wrote: |
I thought of silver too. The only question is, what did the OP mean by short term?
But yes austrian is correct to say silver is a great investment short term or long term. I have 3 kg of silver bullion and I wish I bought more instead of putting my money into gold. |
Just bought 90kg just under $27. It's not to late to change some gold into silver. I recently sold 40% of my gold to buy silver earlier this month.
http://news.silverseek.com/SilverSeek/1290625106.php |
a kilo of silver for $27 don't you mean an ounce? |
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austrian123
Joined: 15 Oct 2010
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| Posted: Sun Dec 12, 2010 5:03 pm Post subject: |
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| blackjack wrote: |
| austrian123 wrote: |
| recessiontime wrote: |
I thought of silver too. The only question is, what did the OP mean by short term?
But yes austrian is correct to say silver is a great investment short term or long term. I have 3 kg of silver bullion and I wish I bought more instead of putting my money into gold. |
Just bought 90kg just under $27. It's not to late to change some gold into silver. I recently sold 40% of my gold to buy silver earlier this month.
http://news.silverseek.com/SilverSeek/1290625106.php |
a kilo of silver for $27 don't you mean an ounce? |
Sorry. 90kg or 3174 ounces just under 27. |
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Poker
Joined: 16 Jan 2010
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| Posted: Sun Dec 12, 2010 7:22 pm Post subject: |
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| In January, I'm looking to sink +-USD32 000 into Gold and Silver. 50/50. Anyone know whether the prices would be influenced by the upcoming Lunar New Year? It might be a stupid question, but I have read somewhere that during certain months, prices rise and fall respectively, maybe its complete tosh. Could anyone clarify? Thanks |
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Space Bar
Joined: 20 Oct 2010
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| Posted: Mon Dec 13, 2010 8:26 am Post subject: |
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| A plane ticket? |
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austrian123
Joined: 15 Oct 2010
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| Posted: Mon Dec 13, 2010 10:41 am Post subject: Re: Short Term Investment ideas. |
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Still waiting.... |
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