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Is silver a better buy

TrustNo1TrustNo1 Posts: 1,359 ✭
in Precious Metals
than Ford or GM right now? longterm

Comments

  • MoneyLAMoneyLA Posts: 1,825 ✭
    I dont know if silver is the better buy, but any ounce of silver will get more mileage than a Ford or GM vehicle.
    Cheers, Alan Mendelson
    www.AlanBestBuys.com
    www.VegasBestBuys.com
  • Coll3ctorColl3ctor Posts: 3,339 ✭✭✭


    << <i>but any ounce of silver will get more mileage than a Ford or GM vehicle. >>




    image
  • cinman14cinman14 Posts: 2,489 ✭


    << <i>

    << <i>but any ounce of silver will get more mileage than a Ford or GM vehicle. >>




    image >>



    image Remember Gary... Fair and Balanced...image

    I am going to dump a few hundred in GM and Ford this week... Any strong company who produces a product
    that ties thousands of jobs with it's product. Will not stay at a 58 year low..

    They will not file bankruptcy.. The goverment will step in and provide $$$.. Just like they did for Chrysler years ago.
    And turned a profit off those loans in the end..

    I fiqured I have lost 30% in my 401K these past few weeks. How is 500 dollars going to make a difference.

    Heck, GM would only need to get back to 10 bucks and Ford to 5 bucks to double my money. Silver will have
    to get to 26.00 to make the same % off the investment.

    My bet is GM and Ford will double before my silver does....JMHO

    Remember the banks and investment firms did not produce a viable product for the world market.

    GE, GM, Ford, Walmart, Johnson and Johnson, Hershey, Budweiser, all produce a product that ties directly to world consumption.

    Unless you are banking on Jesus coming back soon, I would follow strong companies that produce something..

    I think that kinda follows Warren Buffett's investment strategies somewhat as well.. He has made money in this market
    while the majority of market holders have lost....
  • DeadhorseDeadhorse Posts: 3,720 ✭
    GM and Chrysler are merging this week.

    How much silver do you think goes into the electronics in a modern vehicle?

    I'd trust Ford far more than I would GM/Chrysler based on performance.

    They do make the F-150 and they still sell one every 7 seconds, 24/7/365.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • fcfc Posts: 12,793 ✭✭✭
    i gave up on those two companies and i used to live in MI.
    i bought a toyota.

    i would rather have the silver and flip it. repeat. repeat.
  • jmski52jmski52 Posts: 22,899 ✭✭✭✭✭
    I like my Grand Prix, and I like my Explorer, but I like my SAEs better!image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • PlacidPlacid Posts: 11,299 ✭✭✭
    After seeing the person from gm on tv talking about their future plans I wouldnt gamble on them.
    He said we can afford to sell a vehicle at a small loss. Not sure how many companys stay in business hoping to sell products at a loss.
    Maybe they have the too big fail so taxpayers will keep us afloat plan.
  • MoneyLAMoneyLA Posts: 1,825 ✭
    Actually he was talking about their new electric car which is due to be in showrooms in two years. He was saying that a small loss was tolerable. But he also revealed in the interview that the cost of the car was underestimated and now the price will have to be much higher or they will have a bigger loss.
    Cheers, Alan Mendelson
    www.AlanBestBuys.com
    www.VegasBestBuys.com
  • fcfc Posts: 12,793 ✭✭✭


    << <i>Actually he was talking about their new electric car which is due to be in showrooms in two years. He was saying that a small loss was tolerable. But he also revealed in the interview that the cost of the car was underestimated and now the price will have to be much higher or they will have a bigger loss. >>



    i bought a toyota, cough cough, prius hybrid which was sold in japan
    in 1999 and the US in 2003.

    gm and ford have their heads up their butts and have had it there
    for a decade or two. overpaid suits without a clue.
  • SlangNRoxSlangNRox Posts: 774 ✭✭
    Maybe they can sell the car at a loss and make it up selling the gas for it. Oh wait, I was thinking of razor companies
  • DeadhorseDeadhorse Posts: 3,720 ✭
    While all my cars have a foreign pedigree, I still love my big Ford truck.

    Hey, I live in Texas, it's requirement here.

    Other than a new truck one day the only other Ford I have my eye on is the Ford GT.

    Never own another GM product in my life!

    There will NEVER be a hybrid or electric vehicle allowed in my driveway either.

    I keep drums of C-14 and C-16 in my garage, that should explain my position.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • fcfc Posts: 12,793 ✭✭✭


    << <i>There will NEVER be a hybrid or electric vehicle allowed in my driveway either. >>



    why not? get behind the wheel of a fully loaded prius and you may be
    surprised. went to a farm fair today two hours away and enjoyed
    my 47 miles per gallon.
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>

    << <i>There will NEVER be a hybrid or electric vehicle allowed in my driveway either. >>



    why not? get behind the wheel of a fully loaded prius and you may be
    surprised. went to a farm fair today two hours away and enjoyed
    my 47 miles per gallon. >>




    I'm afraid I would be too embarassed to ever sit in a Prius, nothing personal. I wouldn't be surprised at all, just sad and disappointed.

    I could drive over it in the big truck though, that might be fun.

    Running a mix of Blue C-16 in my twin turbo 911 will yield around 38 MPG at highway speeds, I'll take the trade off for the difference in the ride.

    Get behind the wheel of a fully loaded GTO rated car and you WILL be surprised. Other than the Ford GT, I don't think any US auto maker produces a true GTO rated vehicle. Some aftermarket makers do, Calloway comes to mind. No, GTO doesn't stand for a Pontiac emblem.

    We have lots of wide open spaces and very modern high speed highways around here.

    I drive the truck in the city, since we are a sanctuary city and illegals don't need a license or insurance and the cops just have to let them go.

    Sorry, but I will never convert from high octane. Each to their own. Just a matter of personal freedoms. That's what America is all about.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • ProofCollectionProofCollection Posts: 6,246 ✭✭✭✭✭
    At the current price, buying Ford and GM stock is just like buying a LEAP option. It probably wouldn't hurt to buy a few shares... but it is risky.

    I personally oppose any bailout of GM. AFAIK, most of their operations are overseas... they are not an American company any more.
  • KipKip Posts: 852
    I have 2 Prius hybrid's ...One to crap on and the other to cover it up with.imageimage
    UCSB Electrical Engineering....... USCG and NASA
  • cinman14cinman14 Posts: 2,489 ✭
    GM posted a 33% increase today... Ford posted a 20% increase... How much did your silver go up??

    About 1.00%

    image
  • Coll3ctorColl3ctor Posts: 3,339 ✭✭✭


    << <i>I have 2 Prius hybrid's ...One to crap on and the other to cover it up with.imageimage >>




    The are one of the ugliest cars on earth image I'm in disbelief every time I see somebody driving one image
  • cinman14cinman14 Posts: 2,489 ✭


    << <i>

    << <i>I have 2 Prius hybrid's ...One to crap on and the other to cover it up with.imageimage >>




    The are one of the ugliest cars on earth image I'm in disbelief every time I see somebody driving one image >>



    I guess it depends who's driving....image

    image
  • Coll3ctorColl3ctor Posts: 3,339 ✭✭✭


    << <i>

    << <i>

    << <i>I have 2 Prius hybrid's ...One to crap on and the other to cover it up with.imageimage >>




    The are one of the ugliest cars on earth image I'm in disbelief every time I see somebody driving one image >>



    I guess it depends who's driving....image

    image >>






    That just makes the car look even uglier image
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