How much PM would you buy if.......

gecko109 · January 4, 2011 7:04AM

Lets say you came across roughly $150 million dollars (after all taxes were paid on the lump sum payment). How much of that cash would you directly convert into physical gold/silver? Im planning on buying at least $25 million in a gold/silver split tomorrow. What about you?

goingbroke · January 4, 2011 7:06AM

I have 5 tickets for the 330 MILLION DOLLAR MEGA MILLION lotto tonight! After I win I will buy LOTS OF GOLD AND SILVER!

57loaded · January 4, 2011 7:11AM

zero i'd give it all to S.O.I.L. and help the Haitians

Justacommeman · January 4, 2011 7:23AM

20% pms
30% Apple stock
20% cash equivelant. Foreign of course.
30% charities and family. They are not mutually exclusive

MJ

gecko109 · January 4, 2011 7:33AM

<< I have 5 tickets for the 330 MILLION DOLLAR MEGA MILLION lotto tonight! After I win I will buy LOTS OF GOLD AND SILVER! >>

I play maybe twice a year if that. But only when it is mathematically correct to play. That is to say, the odds of MEGA are 176 million to 1 no matter how much money is at stake. If clearing an amount equal to that (or in this case VERY close to it) then its statistically not a bad play. I bought $40 worth, which makes the odds that I will win roughly 1 in 4,000,000!

goingbroke · January 4, 2011 7:38AM

<< 

<< I have 5 tickets for the 330 MILLION DOLLAR MEGA MILLION lotto tonight! After I win I will buy LOTS OF GOLD AND SILVER! >>

I play maybe twice a year if that. But only when it is mathematically correct to play. That is to say, the odds of MEGA are 176 million to 1 no matter how much money is at stake. If clearing an amount equal to that (or in this case VERY close to it) then its statistically not a bad play. I bought $40 worth, which makes the odds that I will win roughly 1 in 4,000,000!

>>

Yes, but I feel lucky! after all, I won the silver barons contest didn't I?

BBQnBLUES · January 4, 2011 7:41AM

Would buying one of those ƒancy smancy SOLID GOLD Toilets count as a bullion investment ?¿ or simply a home improvement project... hmmm

Least I'd get some enjoyment out of my investments & be practicle too. )

GRANDAM · January 4, 2011 9:14AM

<< Lets say you came across roughly $150 million dollars (after all taxes were paid on the lump sum payment). How much of that cash would you directly convert into physical gold/silver? Im planning on buying at least $25 million in a gold/silver split tomorrow. What about you?

>>

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None

If I had $150 Million I could take it easy,,,,,,,,,,,,,,,,,, on 2nd thought the DOLLAR will soon be worthless so I better buy $149 Million worth Gold/Silver 50/50 split and keep a Million lying around to light my cigars with.

GrandAm

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Wait a second,,,,, I need $10 Million or so to buiid the new "GrandAm Estate"

Another $5 Million for the land to built it on,,,,,,

Another Million to put the moat and gate around the place,,,,,,

$500,000 for the electric fence around the property,,,,,,,

Another Million to add the Panic Room / Vault / Gun Room

Another Million for Guns, Ammo, Explosives,

Another $500,000 for a back up generator source,,,,

$250,000 for dry goods and food stocks,,,,,

5 Million ea to my (2) sons,,,,,

$100 bucks to the X-wife

A few Million to stock up the entertainment & servents

$5 Million for cars and Hummers,

1 Million for gas and oil reserves,,,,,

1 Million for

$100,000 for cigars,,,,,

Ah CRAP,,,,, I got nothing left for Gold / Silver

jmski52 · January 4, 2011 9:38AM

I think that I'll worry about it if it happens. I'm sure I could think of something.

DrBuster · January 4, 2011 9:41AM

I'd probably drop $10mil on each when I win tonight. All delivery too for Scrooge McDuck rolling around and such.

henson4 · January 4, 2011 10:13AM

gold/silver is an important part of every portfolio. with 355 million, why not drop atleast $50 million on gold/silver ??

renman95 · January 4, 2011 10:18AM

100% in Marzipan bars. The next bubble.

gecko109 · January 4, 2011 10:18AM

<< gold/silver is an important part of every portfolio. with 355 million, why not drop atleast $50 million on gold/silver ??

>>

Did you realize that $25 million in silver is just over 8,000 of the 100 oz bars!

$25 mil of gold is MUCH more manageable at just 178 of those 100 oz bars.

derryb · January 4, 2011 10:27AM

I'd only put about a half a mil in physical for the long haul. I'd put most of the rest in paper metals for the short term. Say what you will about paper, but you can't beat it for the quick in and out of the market. I'd buy on every dip and start a slow selling spree everytime it went up 8% from the last buy point. In a bull market you'd make more money doing this than you would buying physical, paying to store physical, selling physical and paying to assay/ship physical. Physical is for maintaining value and paper is for profiting.

henson4 · January 4, 2011 10:33AM

<< 

<< gold/silver is an important part of every portfolio. with 355 million, why not drop atleast $50 million on gold/silver ??

>>

Did you realize that $25 million in silver is just over 8,000 of the 100 oz bars!

$25 mil of gold is MUCH more manageable at just 178 of those 100 oz bars.

>>

Yes, with that amount its not like I'm gonna stash it under my mattress. Keep them in the bank

Justacommeman · January 4, 2011 10:53AM

GRANDAM- that was damn funny

MJ

Leonidas · January 4, 2011 4:23PM

Mega Millions Jackpot Lottery Est. $335 Million Dollars #'s 04 08 15 25 47-42

My #'s 02 08 14 24 39-42

Damn the luck !

johnny9434 · January 5, 2011 3:47AM

lots of silver and gold and sit on it.

greatnortherncoin · January 5, 2011 6:45AM

if i won the lotto i would buy all the gold and siver i had money for. then give it to mexico

fishcooker · January 5, 2011 8:22AM

Yeah, but the important question is how much in silicone!

How much PM would you buy if.......

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