“In what some fear will be a crippling blow, the Indian government has hiked the import duty on gold and platinum to 6% from 4% with immediate effect, in a move aimed at curbing imports of the precious metals and check the widening current account deficit.”
That is really huge, we know that gold is a good choice investment, but how will it happen when the price is really like speed rocket. One thing I notice, I bought cruel intentions necklace at gold store, for just 5carats of 18k gold, it cost me a lot.
" Funny, I have the same issues; this site is a big pig. Locks up Firefox with some tables in the background for about 10 seconds on initial load. I have to use IE to have an almost decent experience. "Reply To: Leaving the Site – Data Vampire
" Hi Starlifter and welcome!
I'm like you, limited budget for PM's. No gold in my holdings but my silver is coming along decently. I get whatever I can, be it an ounce or 5 (I don't go larger than 5 oz bars). One thing I do to really stretch my silver budget is 90% coins. Get a dim... "Reply To: Limited Budget.
Yes, I know getting on the DOW now would be suicide that's why I'm keeping it in cash only. I figure if the DOW comes down a few thousand points again (very possible in my opinion) then I may take some of that cash and reallocate to make a few more bucks on the, hopefully, way back up... "Reply To: No choice paper/diversify or get out all together.
" my 401k has recovered and then some. did you friends make changes in their allocations at some point? if you got off the ride on the way down or at the bottom and never got back on then you could be in tough shape.
i like the diversity of the paper savings, they should be an inflation hedge.... "Reply To: No choice paper/diversify or get out all together.
" 20 years to retirement, would put you in your mid 40`s. I`m a horrible short term investor. I do know in the long term, Silver is a very good deal. Get off the rollercoaster of daily anguish or utopia, based on the current price. I`ve bought silver for many years, and never sold an oz. I may nev... "Reply To: No choice paper/diversify or get out all together.
Right now I have tubes of SAE's and I'm building to a particular number (no rhyme or reason) of 90% coins (halves, quarters and dimes only) and also getting rounds and 1 oz and 5 oz bars from known processors.
I have very, very few 'odd' rounds; they're all .999 but not... "Reply To: Silver Eagles versus Rounds
" I hunted a bit last winter, 50 cent piece's, second roll scored a 1908...NICE. Kind of gotten away from it but need to start again.
If you don't know, open the roll, look for the one or two coins with a full silver band - that's your jackpot coin. Much faster than checking dates. "Reply To: Questions about coin roll hunting in the US
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