what sucks is that 401K plan I have thru where I work they match 5% of what I put in I put in 10% I have like $54000 in there now...been at the company 13 yrs ... it took a hit when the stock market crashed or I think I would have had 75K in there ..
anyway I asked the portfolio guy why cant I buy gold with some of it he got all nasty ...I think they know there stupid stocks are worthless shit
what sucks is that 401K plan I have thru where I work they match 5% of what I put in I put in 10% I have like $54000 in there now...been at the company 13 yrs ... it took a hit when the stock market crashed or I think I would have had 75K in there ..
anyway I asked the portfolio guy why cant I buy gold with some of it he got all nasty ...I think they know there stupid stocks are worthless shit
what sucks is that 401K plan I have thru where I work they match 5% of what I put in I put in 10% I have like $54000 in there now...been at the company 13 yrs ... it took a hit when the stock market crashed or I think I would have had 75K in there ..
anyway I asked the portfolio guy why cant I buy gold with some of it he got all nasty ...I think they know there stupid stocks are worthless shit
Looking for opinions on this subject. IF you had a little money to invest what would you buy gold or silver? Do you think its already to high to make any money on it? Is there a way to get around buying at spot, plus?
Probably want to pay the fees and get out of your 401k. Government will likely seize it in the near future.
For my American amigo's I urge you to get out of US dollars asap and transfer into gold/silver or other hard assets. Both gold and silver are going a lot higher and likely will be used to back new currencies.
Utter mad abuse of the US dollar will end in tears...and blood.
For your consideration.
Just make sure that they are MS70.
http://www.govmint.com/LP-2009presalesilver-0110.asp
90% silver ("junk silver") has the lowest markups.
imo best bet is to buy the lesser known brands in pure .999 (either 1oz coins or 10 oz bars). Markups aren't bad and as long as its .999 you'll get virtually the same price as a well known bar (ie Engelhard/Johnson Matthey) when trying to sell.
Be very careful in buying MS-70 bullion eagles. You'll be paying so much over melt value that you aren't really buying silver anymore, might as well be buying actual collector coinage.
Also there are dozens of companies doing these certifications and grading. All but two are garbage....
PCGS
NGC
sort of like sportsbooks !
bullion doesn't need to be graded/ certified.