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(Yahoo)   OK, so you took a haircut investing in gold. That's okay, because now diamonds are what the smart investors are flocking to, because just give us your farkin' money already, rube   (finance.yahoo.com) divider line 128
    More: Asinine, best friends, investing in gold, Values Voter Summit, D.C.S. Corp., exit strategy, Rio, investors  
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5290 clicks; posted to Main » on 27 May 2013 at 8:25 AM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-05-27 08:29:09 AM  
Superman, where are you now?
 
2013-05-27 08:29:32 AM  
If there are investment sponsorships promoted by Glen Beck, it may be a dubious investment.

/Isn't the idea buy low sell high?
 
2013-05-27 08:31:37 AM  
Investing in a controlled market item like diamonds?

/a food and his money
/and etc., and ect.
 
2013-05-27 08:32:02 AM  
I feel sad whenever I see William Devane peddling gold on TV.
 
2013-05-27 08:32:05 AM  
Protip: if you need Glenn Beck or Yahoo News to tell you what your next hot investment should be, you already missed it.
 
2013-05-27 08:32:40 AM  
Diamonds carry a false value. Plus, people lose life and limb over their harvesting. No thanks.
 
2013-05-27 08:34:08 AM  
Investing in gold when it was like 300/oz was probably good idea, investing in it at 1800/oz not so much.
 
2013-05-27 08:36:52 AM  

phenn: Diamonds carry a false value. Plus, people lose life and limb over their harvesting. No thanks.


You people and your morals, Id invest in heroin futures if it was legal.

"Blood money" is only a problem if you are worried about trying to get into heaven.
 
2013-05-27 08:39:02 AM  

Oldiron_79: phenn: Diamonds carry a false value. Plus, people lose life and limb over their harvesting. No thanks.

You people and your morals, Id invest in heroin futures if it was legal.

"Blood money" is only a problem if you are worried about trying to get into heaven.


So, basically, the difference between you and a common criminal is your cowardice.
 
2013-05-27 08:40:07 AM  

skozlaw: Oldiron_79: phenn: Diamonds carry a false value. Plus, people lose life and limb over their harvesting. No thanks.

You people and your morals, Id invest in heroin futures if it was legal.

"Blood money" is only a problem if you are worried about trying to get into heaven.

So, basically, the difference between you and a common criminal is your cowardice.


Yeah pretty much.
 
2013-05-27 08:40:49 AM  

bmwericus: /a food and his money


Don't judge me, food.
 
2013-05-27 08:41:53 AM  

Oldiron_79: Investing in gold when it was like 300/oz was probably good idea, investing in it at 1800/oz not so much.


I still remember around when Goldman Sachs and JPMorgan pumped it to $2500; good sign of when a top is in or near.
 
2013-05-27 08:42:38 AM  
This is a terrible idea.  Diamonds are ENTIRELY inflated.  Unless you're using them for industrial saws, their true value is zero.

At least gold has some interesting properties that make it useful in electronics.  And I would never buy gold.
 
2013-05-27 08:42:47 AM  

strife: Oldiron_79: Investing in gold when it was like 300/oz was probably good idea, investing in it at 1800/oz not so much.

I still remember around when Goldman Sachs and JPMorgan pumped it to $2500; good sign of when a top is in or near.


Rather, I still remember when....
 
2013-05-27 08:43:46 AM  
Gold and diamonds are simply two vehicles used by the Zionists to extract wealth from the Gentiles.
 
2013-05-27 08:45:44 AM  
A Topps Official Collectable Gold Series baseball card is forever.
 
2013-05-27 08:46:03 AM  
So how is that giant Soviet-era mine going to complicate my investment plans?
 
2013-05-27 08:47:50 AM  
i235.photobucket.com

For the life of me can't believe people won't look at his past and understand who he really is.
He's about as "real" as Larry the Cable Guy.
 
2013-05-27 08:48:14 AM  
dilbert.com

First thing I thought of, regarding investing in diamonds.
 
2013-05-27 08:56:02 AM  

PanicMan: This is a terrible idea.  Diamonds are ENTIRELY inflated.  Unless you're using them for industrial saws, their true value is zero.

At least gold has some interesting properties that make it useful in electronics.  And I would never buy gold.


Diamonds also make a good electronic heat sink material.

In order to try and preserve that value of perception that makes up a diamond's value diamond sellers have tried to prohibit the sale of artificially made diamonds as "diamonds", as "fraud". Must be sold as "synthetic diamonds" or "artificial diamonds".  One person of this mind wanted to prohibit selling them under any name but "imitation diamonds". Anything to hide that they are identical in all functional and aesthetic ways.
 
2013-05-27 08:56:35 AM  

Silverstaff: [dilbert.com image 640x274]

First thing I thought of, regarding investing in diamonds.


Scott Adams also covered off gold investing...

pcwww.liv.ac.uk
dilbert.com
 
2013-05-27 08:58:36 AM  
This investment advice sponsored by De Beers.
 
2013-05-27 08:59:33 AM  
Gold = commodity with reasonably transparent pricing.

Diamonds = controlled by top secret cartel who pretty much kill you for even mention... ***CARRIER LOST***
 
2013-05-27 08:59:36 AM  
If I wasn't working paycheck to paycheck, I'd have profited up the wazoo from these swings in value. Isn't there something like the reverse investments for gold and diamonds? Like that guy who saw what was coming and figured out how to make himself insanely rich when the housing market crashed. Just a thought.
 
2013-05-27 09:00:09 AM  

Fubegra: This investment advice sponsored by De Beers.


thumbnails.hulu.com
 
2013-05-27 09:01:20 AM  
Why did people invest in gold? Because they saw all these commercials for businesses that wanted to buy gold.

Why did these businesses want to buy your gold? Because they were betting that the economy would go tits up and we would end up in a depression. This is because gold really does not change it's value. It changes a little, but that is deceptive, because those changes are usually currency itself  fluctuating. So if the dollar drops 10% and gold stays the same, it looks like gold went up 11%. If you look back at previous depressions, those who had money invested in commodities, like gold, didn't really suffer as much as those who invested in stocks.

Diamonds, on the other hand, are also very deceptive, but for a different reason. They are not really worth all that much because they are much more common than most people think and they can be manufactured by machine. They are very useful in industry so there will always be a demand, but the supply is artificially kept low, as companies, like Debeers, hoard the diamonds, buy out anyone who discovers diamonds and trickle them out to retailers so that the supply remains low. The only way the price of Diamonds is going to go up is for Debeers to tighten it's grip on them even more. Their price is more likely to drop if other companies find/manufacture diamonds and compete with Debeers (assuming Debeers doesn't put hits out on them). I don't think investing in diamonds is the way to go, but investing in companies that manufacture or mine for diamonds would be very much worth the money. They will either cut into Debeer's share of the market or get bought outright by them, turning a tidy profit in the process.
 
2013-05-27 09:01:44 AM  

PanicMan: At least gold has some interesting properties that make it useful in electronics. And I would never buy gold.


Diamonds have other uses as well. Particularly for experimental purposes or in specialized industrial equipment where very high pressures are involved.

That said, non-industrial diamonds are worth no more or less than gold or fiat currency. They're worth what they are because people believe it's so, same as the cash in your pocket, the cash is just a little more stable. So as long as you think people will continue to believe in their value, you may as well make money off the dumb rubes.
 
2013-05-27 09:02:16 AM  

j0e_average: Gold and diamonds are simply two vehicles used by the Zionists to extract wealth from the Gentiles.


There you are
 
2013-05-27 09:02:28 AM  
Screw gold & diamonds - my investments are in lead & brass

thumbs.dreamstime.com
 
2013-05-27 09:03:18 AM  

Oldiron_79: Investing in gold when it was like 300/oz was probably good idea, investing in it at 1800/oz not so much.


So true. I envy my smart neighbors from ten years ago.
 
2013-05-27 09:06:23 AM  
Its not valuable unless its mined by slave children paid in crack.
 
2013-05-27 09:11:11 AM  

Trance354: If I wasn't working paycheck to paycheck, I'd have profited up the wazoo from these swings in value. Isn't there something like the reverse investments for gold and diamonds? Like that guy who saw what was coming and figured out how to make himself insanely rich when the housing market crashed. Just a thought.


You could buy puts, short the gold ETF's (exchange-traded fund) or trade the ETF that shorts gold.  I think ETF's are meant for the in-and-out swing trades and not for long-term investment anyway.  Just a consideration but always do your homework and consider risk/reward.
 
2013-05-27 09:18:34 AM  
strife: shorts gold.

lghttp.17106.nexcesscdn.net
 
2013-05-27 09:19:50 AM  

flucto: Gold = commodity with reasonably transparent pricing.

Diamonds = controlled by top secret cartel who pretty much kill you for even mention... ***CARRIER LOST***


Who clicked "Add Comment" then?
 
2013-05-27 09:21:30 AM  

skankboy: flucto: Gold = commodity with reasonably transparent pricing.

Diamonds = controlled by top secret cartel who pretty much kill you for even mention... ***CARRIER LOST***

Who clicked "Add Comment" then?


www.briankanowsky.com
 
2013-05-27 09:23:49 AM  

SwiftFox: Diamonds also make a good electronic heat sink material.


I did not know that.  Thanks.

skozlaw: So as long as you think people will continue to believe in their value, you may as well make money off the dumb rubes.


Maybe, but to the person selling it to you, you're the dumb rube.
 
2013-05-27 09:24:09 AM  
The value of all commodities tends to fall over time after inflation is taken into account.  You'd be better off with a savings bond.
 
2013-05-27 09:31:33 AM  

PanicMan: This is a terrible idea.  Diamonds are ENTIRELY inflated.  Unless you're using them for industrial saws, their true value is zero.

At least gold has some interesting properties that make it useful in electronics.  And I would never buy gold.


Especially since diamonds are being sold by the tons from India.
 
2013-05-27 09:33:23 AM  
Ahahahahaha ever tried to resell a diamond? No thanks.
 
2013-05-27 09:36:19 AM  
I've got a tip that tulips are the next sure thing.
 
2013-05-27 09:39:34 AM  

phenn: Diamonds carry a false value. Plus, people lose life and limb over their harvesting. No thanks.


True love is worth more than all the diamonds abd gold in the world.
 
2013-05-27 09:40:42 AM  

RTOGUY: I've got a tip that tulips are the next sure thing.


No way, arugula is the investment of the future. Absolutely has nothing to do with the fact that I planted way way too much of it.
 
2013-05-27 09:41:17 AM  

Trance354: If I wasn't working paycheck to paycheck, I'd have profited up the wazoo from these swings in value. Isn't there something like the reverse investments for gold and diamonds? Like that guy who saw what was coming and figured out how to make himself insanely rich when the housing market crashed. Just a thought.


You could short the market. But my advice is, if you know so little about the stock market to know what a "reverse investment" is, then take as long as you need to really understand how that works, or you'll end up living in a cardboard box.
 
2013-05-27 09:42:57 AM  
 Guess fark is drunk by now:

OK, so you took a haircut investing in gold. That's okay, because now diamonds are what the smart investors are flocking to, because just give us your farkin' money already, rube   (
 
2013-05-27 09:45:47 AM  
Surprised no one's posted this yet...
 
2013-05-27 09:46:08 AM  
Investing in gold in like investing in fine art.  Sure prices go up and down but at the end of the day if you keep it classy...
guidowatch.typepad.com
you'll never really lose anything.
 
2013-05-27 09:47:37 AM  
If I had money to gamble on rare metals, I'd blow off lame ones like gold and go directly to rhenium.  Rhenium is extremely rare and vital to the aerospace industry in the making of jet engines.

/if you follow my advice and get rich, please toss a few $$$ my way...
 
2013-05-27 09:52:56 AM  

lenfromak: Oldiron_79: Investing in gold when it was like 300/oz was probably good idea, investing in it at 1800/oz not so much.

So true. I envy my smart neighbors from ten years ago.


---

As with any other investment, by the time you're hearing about it in mainstream discourse it's probably too late.  The only possible remaining growth is hype-fueled bubble.

Your neighbors may indeed have been smart, but they may also have been lucky.  If they take their same "acumen" for making logical predictions and apply it to 10 other investments, more than half may still fail.  A lot of uncertain things sound like solid ideas at the time, it's only in retrospect that they seem bulletproof.
 
2013-05-27 09:56:54 AM  

flucto: RTOGUY: I've got a tip that tulips are the next sure thing.

No way, arugula is the investment of the future. Absolutely has nothing to do with the fact that I planted way way too much of it.


Awesome. I just planted some yesterday. I'll go ahead and get my F458 ordered now.
 
2013-05-27 09:57:55 AM  

Psycat: If I had money to gamble on rare metals, I'd blow off lame ones like gold and go directly to rhenium.  Rhenium is extremely rare and vital to the aerospace industry in the making of jet engines.

/if you follow my advice and get rich, please toss a few $$$ my way...


Case in point: this idea may pan out, and you'll seem like a genius; or the jet engine may evolve to use a different material and the price of rhenium may stagnate if not plummet.
 
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