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Inmate Central: RE: It's buy low, sell high. by David S. Inmate Central, where civil and family-friendly discourse about off-audio topics (other than religion and politics) is welcome. |
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In Reply to: Hedge means you park money there when inflation is on the horizon posted by Jay Buridan on May 28, 2021 at 07:07:24:
If you can do that? I'd absolutely consider buying some gold.
Purchased a bit when it was around $1400/oz, but not touching it right now at $1800+/oz.
Also purchased some platinum, when it plummeted in March 2020 (paid about $700/oz). Also not touching it today at $1100/oz, but think it is a better deal.
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Topic - Are you buying gold as a hedge against inflation? - Jay Buridan 16:44:28 05/27/21 ( 35)
- Looks like the market is up today and Bitcoin is down - Perfect! - Chris from Lafayette 10:39:54 05/28/21 ( 0)
I'm buying gold hedge-hogs. nt - tinear 07:22:38 05/28/21 ( 0)
Gold is a lousy hedge against inflation - Dave_K 06:02:39 05/28/21 ( 2)
- Hedge means you park money there when inflation is on the horizon - Jay Buridan 07:07:24 05/28/21 ( 1)
- RE: It's buy low, sell high. - David S. 05/28/21 07:34:44 05/28/21 ( 0)
inflation is making a comeback as a conspiracy theory... - Jim Pearce 05:10:51 05/28/21 ( 1)
- Jim, are you in Canada? - Jay Buridan 07:23:56 05/28/21 ( 0)
Nope... - dark_dave56 04:47:57 05/28/21 ( 0)
RE: Are you buying gold as a hedge against inflation? - b.l.zeebub 01:52:22 05/28/21 ( 1)
- Smart move IMHO - Jay Buridan 02:01:03 05/28/21 ( 0)
Inflation is bound to wallop us. - Inmate51 21:26:07 05/27/21 ( 7)
- Debt, money supply, interest rates...- - Jay Buridan 22:45:34 05/27/21 ( 5)
- RE: Debt, money supply, interest rates...- - Inmate51 06:27:29 05/28/21 ( 1)
- Agreed, but it's not just this administration - Jay Buridan 07:26:16 05/28/21 ( 0)
- Jay - you need to delve into Modern Monetary Theory - Chris from Lafayette 01:04:24 05/28/21 ( 2)
- Chris, see 'Everything Bubble' created by Jerome Powell's gang. - Jay Buridan 02:49:37 05/28/21 ( 0)
- I looked into it at some point - Jay Buridan 01:51:56 05/28/21 ( 0)
He's in left field... N/T - musetap 22:42:26 05/27/21 ( 0)
No. - Sondek 17:39:57 05/27/21 ( 2) RE: No - tweaker456 17:36:54 05/27/21 ( 13)
- IMHO the debt is too big not to fail - Jay Buridan 19:49:25 05/27/21 ( 12)
- I've done well with real estate... - dark_dave56 07:28:01 05/28/21 ( 0)
- Real estate - Dave_K 07:01:31 05/28/21 ( 10)
- San Diego prices are up nearly 20% from last year... - Rod M 10:57:18 05/28/21 ( 2)
- Home Prices - Inmate51 13:48:37 05/28/21 ( 0)
- Hope your son is able to wait till the next Great Recession - Jay Buridan 13:36:37 05/28/21 ( 0)
RE: Real estate - dark_dave56 08:54:20 05/28/21 ( 4)
- RE: Real estate - tweaker456 09:41:22 05/28/21 ( 3)
- RE: Real estate - dark_dave56 13:25:20 05/28/21 ( 2)
- RE: Real estate - tweaker456 17:07:11 05/28/21 ( 1)
- RE: Real estate - dark_dave56 02:44:23 05/29/21 ( 0)
RE: Real estate - Inmate51 07:41:49 05/28/21 ( 0)
+1 - Jay Buridan 07:40:43 05/28/21 ( 0)