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Thread: Girl's best friend

  1. #1
    Veteran Member rain's Avatar
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    Default Girl's best friend

    Do any of y'all buy diamonds?

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    God/dess Emily's Avatar
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    Default Re: Girl's best friend

    I have two diamond watches and a ring with a teeny one in it, but nothing major.

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    Banned Melonie's Avatar
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    Default Re: Girl's best friend

    too much 'spread' with diamond jewelry, not to mention the appraisal factor ... I'll stick with my gold bars (which are knocking on $500 an ounce) !

    And if someone wants to 'give' me a diamond ring, I run like hell in the opposite direction LOL

  4. #4
    madmaxine
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    Default Re: Girl's best friend

    I bought a diamond pendant for my step-mom, but I can't buy nice jewelry for myself...I lose things all the time!

  5. #5
    Pamela
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    Default Re: Girl's best friend

    I don't care for diamonds, even though i was given a few rings..Lol.

    I Like GOLD! And yes like Melonie says Gold Bars are the way to go....Seriously!!!

    They are one of the MOST best stable investments imo. Don't lose value too much in down time. But Gold bars are only part of the portfolio!!!!

    If the original message had anything to do with investments or not, i don't know, but diamonds are pretty!

    Pamela

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    Banned Melonie's Avatar
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    Default Re: Girl's best friend

    and if you like 'nitrous' investing, you can buy stock in a gold or silver or diamond mining company !

    Here's one I picked up couple of months ago, which seems to have quite a bit of 'nitrous' action ....



    WARNING : just like hitting the 'nitrous' button in your car, 'nitrous' stocks usually go like hell for a little while, but explode if you keep holding down the button for too long !

    ~
    Last edited by Melonie; 11-23-2005 at 04:53 PM.

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    Senior Member chocolategirl6's Avatar
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    Default Re: Girl's best friend

    I buy diamonds . My ex bought me earrings and a ring. I bought myself a righthand ring. It's one carat. I love diamonds!!!! My moms the diamond queen. When I was younger I always want to own my own diamonds. Where do you buy gold bars? Id like a couple of those babies!!! Also whats the going rate?

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    Veteran Member rain's Avatar
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    Default Re: Girl's best friend

    Yeah, where do you buy gold bars?

  9. #9
    Banned Melonie's Avatar
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    Default Re: Girl's best friend

    Quote Originally Posted by rain
    Yeah, where do you buy gold bars?
    an easy place to buy gold and silver bars/coins online is at . However, Kitco's 'spreads' (equals their sales commission/brokerage fee) aren't the cheapest. But Kitco DOES have one very valuable attribute "Kitco does not report our sales transactions to the IRS", and they will sell in small quantities.

    If you're seriously considering making a significant investment in gold or silver bars/coins, dealing with a 'low spread' trader like will save you a few extra dollars on the purchase. Unfortunately, Tulving requires some fairly substantial minimum order amounts in exchange for the 'low spread'.

    ~
    Last edited by Melonie; 11-24-2005 at 12:58 AM.

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    Veteran Member rain's Avatar
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    Default Re: Girl's best friend

    Where is the return on this investment? When you sell the gold 10 or 20 years down the road? How would one go about selling gold?
    The hopeful 'return on investment' is that the price of gold should rise along with inflation, such that it can be resold at a higher price 10 or 20 years down the road. Also, such a gain in value is considered to be a capital gain which is generally taxed at a much lower rate than 'interest and dividend' income. However, there is no guarantee that gold will provide a 'positive' return on investment.
    Last edited by Melonie; 11-25-2005 at 02:26 AM.

  11. #11
    Veteran Member rain's Avatar
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    Default Re: Girl's best friend

    So if I were to buy gold, I should keep a record of how much the gold costs in 2005, compare it to the record of how much I sold it in 2025, and pay a capital gains tax on the difference?
    Thanks again, Mel.
    There is no salvation in becoming adapted to a world which is crazy.
    Henry Miller

  12. #12
    Banned Melonie's Avatar
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    Default Re: Girl's best friend

    perhaps one of the best 'explanations' of the future value of gold comes from OUTSIDE of the United States ...

    (snip)"Morgan Stanley's chief economist, Steve Roach, is in the middle of a spin through Asia and the Middle East, and filed an interesting piece for his website from the Emirates Palace Hotel in Abu Dhabi. He quotes a friend of his who "shared what I believe is a very important insight on the recycling of the huge surge in oil revenues that has once again flowed into the region's coffers - estimated at around $US300 billion over the past year by many accounts".

    "Unlike the oil shocks of the past, which gave rise to the concept of the petrodollar - a recycling of windfall oil revenues into dollar-denominated assets - the current windfall accrues to a Middle East that is much better prepared for inward re-investment.

    "Take a look at year-to-date returns in the stockmarkets of the region's major oil producers - Saudi Arabia (+96 per cent), UAE (+179 per cent in Dubai and +85 per cent in Abu Dhabi), Kuwait (+84 per cent), Qatar (+77 per cent), and Bahrain (+32 per cent). Also take a look at the urban construction boom - Dubai is starting to look Singaporean in scale."

    And they are investing in the other asset that is no one else's liability - gold. Certainly the Arabs are less inclined to finance American consumers than the Chinese and are more worried, as investors, about the sustainability of the US current account deficit."(snip)



    I should keep a record of how much the gold costs in 2005, compare it to the record of how much I sold it in 2025, and pay a capital gains tax on the difference
    yes, in exactly the same way you would account for a 'long term capital gain' on a stock you purchase in 2005 and sell in 2025.

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    God/dess scarlett_vancouver's Avatar
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    Default Re: Girl's best friend

    I don't like diamonds, I think they're stupid. My boyfriends always know not to get me diamonds.

    I love the idea of the new diamonds they're manufacturing, though.

    Feature costumes for sale!

  14. #14
    Featured Member greggy's Avatar
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    Default Re: Girl's best friend

    I read on the Kitco site that one can open a "pool account" as opposed to having the product delivered to you. Is there an option you recommend?

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    Featured Member lunchbox's Avatar
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    Default Re: Girl's best friend

    I've bought quite a few diamonds over the past few years. Not as an investment, just jewelry. Diamonds are an artificially controlled market, not a good idea to try investing.

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    Senior Member jadenphilly's Avatar
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    Default Re: Girl's best friend

    I love diamonds and all jewelry, I collect gemstones. I have a few diamonds but nothing really big or flashy.

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    Featured Member scorpio's Avatar
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    Default Re: Girl's best friend

    Diamonds are the product of incredible abuse, bloodshed, and atrocity. Those evil African thugs you hear about raping babies and chopping off heads are financed by diamond money.

  18. #18
    Veteran Member girlnew156's Avatar
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    Default Re: Girl's best friend

    Had some given to me. Got in a tight and tried to hock them.
    Hah! Might as well have thrown them in the ditch for what they
    told me they were worth.
    Got better prices for my solid gold rings then diamond rings.

    Well, yeah, never was that naive anymore.
    No, a girl's best friend is her hard won financial savvy.

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    God/dess cinammonkisses's Avatar
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    Default Re: Girl's best friend

    Quote Originally Posted by scorpio
    Diamonds are the product of incredible abuse, bloodshed, and atrocity. Those evil African thugs you hear about raping babies and chopping off heads are financed by diamond money.
    You look at it the same way as me







    Some Douchebag: "[Pimp C] 12:43 am: its true we got to stick together the black people on SW CK you is teh condoleeza of SW"


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    Featured Member scorpio's Avatar
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    Default Re: Girl's best friend

    It is hard to believe that something so beautiful can be forged with such pain.

  21. #21
    Veteran Member rain's Avatar
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    Default Re: Girl's best friend

    It's true, i really like how kanye west did a song about this subject, diamonds are forever...
    There is no salvation in becoming adapted to a world which is crazy.
    Henry Miller

  22. #22
    Featured Member Lizette's Avatar
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    Default Re: Girl's best friend

    Quote Originally Posted by scorpio
    Diamonds are the product of incredible abuse, bloodshed, and atrocity. Those evil African thugs you hear about raping babies and chopping off heads are financed by diamond money.
    And yet so few care. The men I date are shocked that I never want to own a diamond.

  23. #23
    madmaxine
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    Default Re: Girl's best friend

    Like a diamond, true love is beautiful but usually forged with great pain (uh oh, I hope De Beers doesn't steal that like they steal diamonds from Africans.)
    I have heard horrific tales from Africa, but keep in mind it is a continent & some states there produce diamonds with no bloodshed.
    The diamond used to be a gallant way for a man to show he could provide for a woman & was an emergency source of income if she was left widowed or abandoned by said man.

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    Featured Member Lizette's Avatar
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    Default Re: Girl's best friend

    Quote Originally Posted by madmaxine
    The diamond used to be a gallant way for a man to show he could provide for a woman & was an emergency source of income if she was left widowed or abandoned by said man.
    Instead of proposing with a diamond ring, he should get on one knee and hold out a gold bar!

  25. #25
    Senior Member chocolategirl6's Avatar
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    Default Re: Girl's best friend

    I think everybody knows that some diamonds are infact blood diamonds! Like madmaxine said not all diamonds caused bloodshed!Has anyone in this thread ever been to africa? It's one of the most corrupt places in the world! They have problems that stem far beyond diamonds.

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