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Old 10-08-2009, 01:05 PM   #29
cutthemdown
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Zimm to HOF

Join Date: Mar 2006
Location: Long Beach
Posts: 36,701
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Quote:
Originally Posted by Tombstone RJ View Post
Its the whole "Cash For Gold" scam. It's totally screwing everyone. Flooding the market with recycled gold.

I say invest in pyrite... be ahead of the curve.
National Geographic did a great piece on gold about a yr ago. According to them most of the gold ever mined still in existence. Like you said it gets recycled.

Over 80% of the demand for gold is still for Jewelry not investment to hold onto.

And even though people think there is a lot of gold, you could only fill a couple olympic sized swimming pools with all the gold that has ever been mined.
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