Poll

PICK YOUR METAL(S)

Platinum
15 (8.5%)
Rhodium
10 (5.7%)
Gold
14 (8%)
Iridium
9 (5.1%)
Osmium
6 (3.4%)
Palladium
10 (5.7%)
Rhenium
7 (4%)
Ruthenium
5 (2.8%)
Germanium
8 (4.5%)
Beryllium
10 (5.7%)
Silver
17 (9.7%)
Gallium
9 (5.1%)
Indium
6 (3.4%)
Tellurium
8 (4.5%)
Mercury
15 (8.5%)
Bismuth
10 (5.7%)
Australium
17 (9.7%)

Total Members Voted: 40

Author Topic: Precious Metals Thread (Yer booty matey)  (Read 1982 times)

I collect watches.
I have watches that cost more than your life.
ya wach owt devil hes WATCHMAN

I picked Beryllium because of CatDog.

Even though I know nobody will, if you get this reference, you are the coolest person on Earth.

My grandparents invested an eighth of their money into precious metals around 50 years ago, which I think was a net worth of $150,000 at that time.

I'll ask them later how much it is currently worth and the amounts


My Chemistry teacher recommends copper for investments

My Chemistry teacher recommends copper for investments
Copper is red gold, man. That stuff is getting more expensive all the time.

I don't understand people who think gold will save them in an economic collapse. People aren't going to be eating gold, or using it for shelter.
The point isn't that it has a practical use.

It's that it's rather limited and therefore precious.
People want Gold for things like jewelery, because it's shiny and rare.
And because of this the worth of Gold does not change too much. Meaning that investments in Gold will likely always return your money, if not some small profit.

If all of modern-day society and culture were to break down overnight, people would still value Gold for it's attractiveness and rarity.
The same is true of Silver.

My Chemistry teacher recommends copper for investments
Copper is in short supply these days.

While you could make a killing if you had a surplus of copper, it's not good for investments.
Due to the worth of it, it would cost you a large amount to purchase it.
At which point you likely won't be able to sell it for more than you purchased for.

And at some point it's likely to go down in worth, in which case you lose the money invested.

The only financially beneficial way to make money on copper currently is to steal copper and sell it, which is of course, illegal.


Gold does not react to things. It does not rust, it does not erode. You can keep gold in the ocean for a hundred years and it will look as good as the day it was minted. The best thing to do is keep your gold in a stainless steel box, so that in case of a fire you don't lose the gold's value due to impurities.

The point isn't that it has a practical use.

It's that it's rather limited and therefore precious.
People want Gold for things like jewelery, because it's shiny and rare.
And because of this the worth of Gold does not change too much. Meaning that investments in Gold will likely always return your money, if not some small profit.

If all of modern-day society and culture were to break down overnight, people would still value Gold for it's attractiveness and rarity.
The same is true of Silver.


I don't think it would really hold stuff value if the whole world went to hell overnight. Things that actually have uses and are in huge demand would however be super important. Like gas and other things we really couldn't continue to produce.

I have a gold plated watch, and some gold suspended in some viscous clear liquid, but that's it.

I don't think it would really hold stuff value if the whole world went to hell overnight. Things that actually have uses and are in huge demand would however be super important. Like gas and other things we really couldn't continue to produce.
Gold is valuable because it is rare and pretty. You will be able to trade it for excess supplies that people would otherwise hoard.

I don't think it would really hold stuff value if the whole world went to hell overnight. Things that actually have uses and are in huge demand would however be super important. Like gas and other things we really couldn't continue to produce.

Gold would still be favored in the eyes of many.
Look at history itself, through the toughest and easiest times in history gold has always been valued in almost every civilization to exist, and still is today.

I think this statement is quite wrong.

Aztec's didn't care about gold because they practically shat the stuff. The spanish found a mountain basically made of silver.

Bismuth is the best metal.