Gold/Silver

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Oct 6, 2009 10:56 am

Sell the Only Financial Asset that is Performing Well: Precious Metals--

We
are one of the nation's largest dealers of precious metals--gold,
silver, platinum and palladium. Precious metal prices have soared, as
anxious investors have sought safe investment havens. Big buyers like
the Chinese government and Warren Buffett are helping drive the market
to making new highs. As inflation looms, gold or silver represent
effective hedges. More aggressive investors can employ very effective
strategies, as well.

Nearly every respected investment adviser
recommends including precious metals in a conservative portfolio. We
(Global Bullion Exchange--www.gogbxcom) deal with retail clients
throughout the country, providing physical, leveraged (margin) and
IRA/401K options

Commissions are very substantial, and the market is entirely liquid. For more information, contact [email protected]

Oct 6, 2009 11:01 am

Here we go. Classic.  EQUITIES !!!!!!!!!!!!!!

 
This post is like a buy signal from god. Mark it down, Dow 9800 !!
Oct 6, 2009 11:03 am

We should spam this guy's email account.

Oct 6, 2009 11:04 am

I'm sorry, but why is this so upsetting to you?

Oct 6, 2009 11:12 am

It isn't upsetting to me. I just can't believe the precious metals popularity recently. It just confirms to me that it is the perfect time to buy what most are avoiding, equities.

 
I am not saying that your product isn't good for a portion of someones portfolio. I have had prospects/clients who putting 50+% in these choices and most investors do the wrong thing at the wrong time.
Oct 6, 2009 11:13 am

Doesn't this guy own Virgin Airways? Why is he selling gold?

Oct 6, 2009 11:15 am

Oh no, he is an OBGYN in New York...just looked it up.

Oct 6, 2009 11:16 am

I was a stockbroker for more than 20 years. I had no experience selling precious metals. I'm involved now, and my clients are and I are having a great deal of success in the category.

I thought that this would be of at least passing interest to those managing customer accounts. If I am mistaken, I'm sorry. There's no need for hostility.

Oct 6, 2009 11:19 am

Exactly. Where were you before the success ? I don't want in now. Were you selling people Real Estate in 2007 also ?

Oct 6, 2009 12:10 pm
PreciousMetals:

Sell the Only Financial Asset that is Performing Well: Precious Metals--We

are one of the nation's largest dealers of precious metals--gold,

silver, platinum and palladium. Precious metal prices have soared, as

anxious investors have sought safe investment havens. Big buyers like

the Chinese government and Warren Buffett are helping drive the market

to making new highs. As inflation looms, gold or silver represent

effective hedges. More aggressive investors can employ very effective

strategies, as well.Nearly every respected investment adviser

recommends including precious metals in a conservative portfolio. We

(Global Bullion Exchange--www.gogbxcom) deal with retail clients

throughout the country, providing physical, leveraged (margin) and

IRA/401K optionsCommissions are very substantial, and the market is entirely liquid. For more information, contact [email protected]





I have 3 problems with your post.



1. I would have to respectfully disagree with your opening comment, "the only finanical asset performing well are precious metals"



2. You've disqualified yourself as a reputable business in my mind when you resort to touting the "substantial commissions".



3. If you want to solicit business, then I would suggest you pay Registered Rep to advertise on their board.

Oct 6, 2009 12:47 pm

The implication that you aren't a "respected finanical advisor" if you don't include gold in your conservative portfolios is laughable.  You do know that gold was flat, peak to peak, from 1980 to 2007, right?  You do know that the asset you sell is a panic driven asset, right?  People only buy gold when they think the world is going to implode and they think they'll be able to barter with it when it does. 

 
I've been telling my people who ask me about gold, when I know they're just in panic mode not investing mode, that instead of gold they should be buying lead.  And guns.  Because unless you're going to mold your gold into bullets to shoot animals (human or otherwise) to survive, then it's pretty much a useless rock.  I'll quote Mr. Warren Buffett here, just to add a little creedence to my thoughts: "[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head." 
 
Now, I disagree with Mr. Buffett that it has no utility.  You can create excellent A/V connections using gold plated parts as it is a great conductor.  My wedding ring is made of gold. It looks great on the tips of many pens in my fountain pen collection.  Low doses of gold (actually radioactive gold isotopes) have been used as a cancer treatment.  It makes a really cool window tinting product.  Sets off the gold in my 24" spinners.   There's about $.50 worth of gold in every cell phone. So, see, it does have many uses. 
 
You precious metals people might be right.  There might be some more room on the topside.  I think I'd rather have my clients buy GLD rather that gold.  Thanks for thinking of us though.   
Oct 6, 2009 12:52 pm

Yup, ETFs. Why complicate it?

Oct 20, 2009 11:00 pm

We
are one of the nation's largest ottawa asian escorts dealers of precious metals--gold,
silver, platinum and palladium. Precious metal prices have soared, as
anxious investors have sought safe investment havens. Big buyers like
the Chinese government and Warren Buffett are helping drive the
ottawa asian escort market
to making new highs. As inflation looms, gold or silver represent
ottawa escorts effective hedges. More aggressive investors can employ very effective
strategies, as well.

Nearly every respected investment adviser
ottawa escort recommends including precious metals in a conservative portfolio. We
(Global Bullion Exchange--www.gogbxcom) deal with retail clients
throughout the country, providing physical, leveraged (margin) and
IRA/401K options

Commissions are very substantial, and the market is entirely liquid. For more information, contact [email protected]