First Time Investor's Quick Links:
Powerball - Kitco Pool Account - Coca Cola -
Precious Metals - Kmart - Kodak - Sears -
Turner Broadcasting - Walmart

Tuesday, September 30, 2008

You Got Yourself Into This Mess, ...

"Daddy?" the young lady cried, "I'm in trouble!"

"What's wrong, sweetie?" the father asked of his college aged child.

"I'm maxed out on my credit cards and my rent is due! Can I borrow $500 from you and Mom?"

"Too bad, honey," he began, "You got yourself into this mess, so you get yourself out of it. Your mother and I have our own debt problems. Further, because of your poor decisions we feel the need to punish you, so we're taking away your car."

"But that's not fair!!" she cried.

So. What do you think of old Dad? Before you answer, consider some statements from a few letters to the editor of our local newspaper about the bailout, paraphrased here:

"We're already $10T in debt. It is like trying to dig yourself out of a hole to go further into debt to solve this problem." "Instead, how about punishing the creditors for their poor decisions."

Apples and Oranges?

Saturday, September 13, 2008

KITCO & My Experiences with Gold and other Precious Metals

It is said that metals are a hedge against inflation, so who knows how high the values of gold and other precious metals may become?

Here are my experiences with the volatile market of gold and other precious metals.

  • Read my post Go for the Gold to see how I got interested in the metals market about twenty years ago.
  • Read Selling Precious Metals to learn of my initial experiences in capitalizing on the increasing values of gold, platinum and silver by selling to a great precious metals supplier, KITCO.
  • Read Kitco's Pool Account to learn how I benefited from one of their valuable services: pooling resources to make buying and selling more efficient, which in turn keeps costs down and maximizes profits.

All in all, there are profits to be made in the metals market. If you are not investing in precious metals, what are you waiting for?

Note: I am neither a Kitco salesperson nor are otherwise affiliated with I do, however, want to share my experiences with Kitco Minerals and Metals Inc, as I feel first time investors deserve first hand knowledge of good value in the metals market.


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