Santa must have left 5 krugerrands in my safe dep. box

candyliquor35m
candyliquor35m Posts: 2,267
edited February 2008 in The Clubhouse
because they weren't there last christmas.

Actually I bought them when gold was around $300 and got them out today to sell them.

It's a pretty good investment especially when inflation is on the rise.

I don't recommend buying any right now for $950 each but many are doing just that I'm sure. I also wouldn't invest anything you can't afford to lose because it can and does fall a lot faster than it rises.

I have a place in houston that sells them at market price and then buys them back at only like a $10 discount.
Post edited by candyliquor35m on

Comments

  • beardog03
    beardog03 Posts: 5,550
    edited February 2008
    ooooh...nice !!
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  • BaggedLancer
    BaggedLancer Posts: 6,371
    edited February 2008
    Maybe you could take all that money and buy yourself a new cabinet. That one looks a tad worn.
  • candyliquor35m
    candyliquor35m Posts: 2,267
    edited February 2008
    then I might not have any money left for audio :)

    I forgot to mention that krugerrands are bought and sold as bullion so they're only worth their weight in gold (1 ounce) and should be available at any reputable coin shop.

    The american gold eagle costs about $10 more for the same weight for some reason. Probably because they are collected more.
  • Dennis Gardner
    Dennis Gardner Posts: 4,861
    edited February 2008

    The american gold eagle costs about $10 more for the same weight for some reason. Probably because they are collected more.

    Isn't it paper, scissors, rock, deer, eagle? I always thought it was.....;)
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  • Polkitup2
    Polkitup2 Posts: 1,621
    edited February 2008
    Anyone have Candy's addy? Please PM me. Thanks.
  • polktiger
    polktiger Posts: 556
    edited February 2008
    Weren't those illegal in the US
  • tonyb
    tonyb Posts: 32,951
    edited February 2008
    Is it just me ? For thinking your nuts for posting this stuff on an internet forum? Better watch your back on the way out of that bank.Ya never know.
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  • rainman31
    rainman31 Posts: 76
    edited February 2008
    tonyb wrote: »
    Is it just me ? For thinking your nuts for posting this stuff on an internet forum? Better watch your back on the way out of that bank.Ya never know.


    Is someone paranoid?;)

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  • Ricardo
    Ricardo Posts: 10,636
    edited February 2008
    tonyb wrote: »
    Is it just me ? For thinking your nuts?

    No?

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  • tonyb
    tonyb Posts: 32,951
    edited February 2008
    rainman31 wrote: »
    Is someone paranoid?;)

    No,not at all.But alittle common sence goes along way.
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    SVS SB-2000
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    Acoustic zen Matrix 2 IC's
    Wireworld eclipse 7 ic's
    Audio metallurgy ga-o digital cable

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  • candyliquor35m
    candyliquor35m Posts: 2,267
    edited February 2008
    I should be fine with my bodyguards and all the paparazzis :eek: