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Ntharotep Dragon | Can you invest in gold if you don't have enough money to pay your utilities and rent? |
Just curious.
I keep seeing the commercials.
Additional Details
AB!! I thought you were more brodenned mein freund!
I have seen the gold commercials on FoxN and on MSNBC in great abundance. Both sides of the two-faced Empire want us to buy gold :) |
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Redjr01
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If you do, make sure the landlord doesn't find out that you are stiffing him/her on rent while investing in gold. Nothing makes a landlord madder than getting stiffed on rent when they find out the tenant has the means to pay. |
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cactusgene
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If you want to lose money fast, just invest with these gold outfits advertising on TV. Just remember, they will sell you the gold at a price that is 35-50% higher than what they pay for it. I have read the actual contract you sign with Goldline, etc. and that's a fact. |
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Jay
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umm I would say no because Gold is running over 1200 a share |
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rtfm
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You *can*. That doesn't mean you *should*. |
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MarcThyme
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No, you can't....even if you DO "have enough money to pay your utilities and rent", you still can't INVEST in gold, because an investment is something that has potential to GROW in value over time....and gold has basically been FLAT in actual value for 600 years!
http://www.sharelynx.com/chartsfixed/600yeargold.gif |
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Abby Normal
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Glenn Beck would have you do so; otherwise, you have to prioritize and take care of your more immediate needs.
edit: Glenn Beck has been in the news due to his on-air commercials for gold investments. That is the reason he came to mind. |
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