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Buy gold?
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You are currently reading a thread in /biz/ - Business & Finance

Thread replies: 10
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Since the Canadian dollar is straight up free falling, is it a good idea to buy gold? I feel like holding on to my toilet paper currency right now is not very wise.
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File: 234234234.jpg (143 KB, 290x290) Image search: [iqdb] [SauceNao] [Google]
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>>1045114
Yes,

your fiat currency wont be worth shit once the fed does QE4 here
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>>1045114
Where do you even buy gold?
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>>1045911
Try looking closely at the pic in the OP.
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>>1045223
Well in all fairness, inst all fiat currency technically worth shit?
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>>1045114
You should have bought gold months ago my Canadian friend
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the problem with buying gold is that when you purchase it, it costs more than it's really worth, and when you sell it, they only buy it at a price lower than what it's worth. They fuck you coming and going, and that bites into 20% of your profits.

Gold is low now but there is speculation that it'll go as low as $800 by next year. But that's just speculation.
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>>1045911
go to google and put in 'gold bars to buy'
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>>1046035
>20% in your profits
Don't buy 1/20oz coins and sell it to cash for gold stores then
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>>1046035
lol I usually get spot, slightly above, and the least I've ever gotten is 98%
Thread replies: 10
Thread images: 2
Thread DB ID: 432466



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