0 downside risk

guym · February 12, 2008 3:21AM

I found a way to invest in gold with absolutely NO downside risk it's a CD fdic insured for 100,00.00 just follow tis link http://www.everbank.com/001CertificatesMSGold.aspx?referid=12488

rgCoinGuy · February 12, 2008 3:24AM

Link Sounds and looks shady without further investigation.

Edited link, thanks for the heads up ziggy.

ziggy29 · February 12, 2008 3:24AM

ziggy29 · February 12, 2008 3:25AM

<< Link Sounds and looks shady without further investigation. >>

By the way, you can get to this site without the "referid" in the URL. I suspect that part gives the OP a kickback like those "rover" links.

pauljuno · February 12, 2008 3:30AM

Not even going to bother. Yeah right, no downside risk. Even cash has a downside risk of inflation.

PerryHall · February 12, 2008 3:33AM

<< Not even going to bother. Yeah right, no downside risk. Even cash has a downside risk of inflation. >>

Agree. This whole scenario defies logic.

guym · February 12, 2008 3:36AM

i didn't put the ref id in the link on purpose. i just copied the link from my address bar. and i am not a spammer, i just wanted to share what i think is a very safe way to invest in gold. No harm intended.

slipgate · February 12, 2008 3:37AM

What did PT Barnum say?

This is a sucker bet all the way!

123cents · February 12, 2008 3:40AM

jamakin · February 12, 2008 3:52AM

Let's see....new member ,12 post history , and giving advice on safe investing. Sounds like reciepe for disaster.
BTW the down side risk is that you only get your principle back after sitting on a CD for 5 years. Not very appealing

ziggy29 · February 12, 2008 3:58AM

<< Let's see....new member ,12 post history , and giving advice on safe investing. Sounds like reciepe for disaster.
BTW the down side risk is that you only get your principle back after sitting on a CD for 5 years. Not very appealing >>

What would happen if you took half of the interest you get on a regular CD and bought options on gold futures with it? Seems to me that would give you a lot of participation in the gold market if gold prices rose, AND if gold fell and the options expired worthless, you still have half your interest left rather than zero.

I assume this is the sort of thing these things do.

HonoluluDude · February 12, 2008 4:00AM

one for silver too.

BECOKA · February 12, 2008 4:05AM

There is always a downside risk. No matter what you have to have money tied up and if gold stops rising or crashes the rest of your money is losing to inflation.

HonoluluDude · February 12, 2008 4:11AM

<< There is always a downside risk. No matter what you have to have money tied up and if gold stops rising or crashes the rest of your money is losing to inflation. >>

Why would gold stop rising if inflation keeps rising? To me, this looks like a good hedge against inflation.

Russ · February 12, 2008 4:14AM

Russ, NCNE

mrearlygold · February 12, 2008 4:15AM

57loaded · February 12, 2008 4:16AM

spam but not scam.

i have seen this done b4...it does work...and i have a similar investement from long ago tied to the S&P, or 5%...whichever is higher.

so you think that 100k is just sitting there? it's being put to use while you look at the gold charts every day. if the CD actually purchased gold...then i'd be concerned.

still don't think it's a wise move, at all.

your downside risk is ZERO return after tying up your money.....

GrumpyEd · February 12, 2008 4:28AM

<< hat would happen if you took half of the interest you get on a regular CD and bought options on gold futures with it? Seems to me that would give you a lot of participation in the gold market if gold prices rose, AND if gold fell and the options expired worthless, you still have half your interest left rather than zero. >>

Sounds like that's what they do. Banks offer Market Linked CDs that work like this that are linked to stocks or anything. There are some bad points and some good points.

Here's an article about ones linked to stock markets:

Market linked CDs

Gemineye · February 12, 2008 4:34AM

How do you spell ... S P A M ....!!!!!!!

jmski52 · February 12, 2008 4:41AM

spam but not scam.

scum!

fastrudy · February 12, 2008 4:42AM

Mr. Bun:
(Eric) Morning!
Waitress:
(Terry J) Morning!
Mr. Bun: Well, what've you got?
Waitress: Well, there's egg and bacon; egg sausage and bacon; egg and spam; egg bacon and spam; egg bacon sausage and spam; spam bacon sausage and spam; spam egg spam spam bacon and spam; spam sausage spam spam spam bacon spam tomato and spam;
Vikings: (starting to chant) Spam spam spam spam...
Waitress: ...spam spam spam egg and spam; spam spam spam spam spam spam baked beans spam spam spam...
Vikings: (singing) Spam! Lovely spam! Lovely spam!
Waitress: ...or Lobster Thermidor a Crevette with a mornay sauce served in a Provencale manner with shallots and aubergines garnished with truffle paté, brandy and with a fried egg on top and spam.
Mrs. Bun:
(Graham) Have you got anything without spam?
Waitress: Well, there's spam egg sausage and spam, that's not got much spam in it.
Mrs. Bun: I don't want ANY spam!
Mr. Bun: Why can't she have egg bacon spam and sausage?
Mrs. Bun: THAT'S got spam in it!
Mr. Bun: Hasn't got as much spam in it as spam egg sausage and spam, has it?
Vikings: Spam spam spam spam (crescendo through next few lines)
Mrs. Bun: Could you do the egg bacon spam and sausage without the spam then?
Waitress: Urgghh!
Mrs. Bun: What do you mean 'Urgghh'? I don't like spam!
Vikings: Lovely spam! Wonderful spam!
Waitress: Shut up!
Vikings: Lovely spam! Wonderful spam!
Waitress: Shut up! (Vikings stop) Bloody Vikings! You can't have egg bacon spam and sausage without the spam.
Mrs. Bun: I DON'T LIKE SPAM!

mrearlygold · February 12, 2008 4:42AM

2manycoins2fewfunds · February 12, 2008 5:11AM

This thread should ne nuked!

HonoluluDude · February 12, 2008 5:16AM

<< This thread should ne nuked! >>

Why? It's fun watching all the clever forum members do their SPAM presentations.

rgCoinGuy · February 12, 2008 5:18AM

<< 

<< This thread should ne nuked! >>

Why? It's fun watching all the clever forum members do their SPAM presentations. >>

blu62vette · February 12, 2008 5:19AM

We have offered products like these at my firm (large brokerage house), while they seem legit I have never seen a situation where there are suitable for people. I am sure it fits someone out there but giving someone else a cut of returns for a principle guarentee on commodities doesnt seem right.

jmski52 · February 12, 2008 5:30AM

This isn't the only thread he has posted this crap to.

0 downside risk

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