I already got one.Quote:
Originally Posted by Butterfly
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I already got one.Quote:
Originally Posted by Butterfly
buy a very nice car,
if you got to loose money, which is more than likely, might as well enjoy it
Socal is likely to be correct. China is targeting 6000 - 8000 tonnes of gold over the next couple of years and once they are ready to do so, are linking the Yuan to gold. At this announcement gold will fly and anyone with investments based upon the pie in the sky dollar will be selling their copper pipes to trade for a tin of horse meat stew. The Fed has sold all of Germany's gold, and most likely America's gold. A good guess is that before the 7 year time line they gave for giving Germany's gold back, the Fed will shut up shop and run to the hills Keyser Söze style.
The advice right now from the money men is sink your cash into something tangible like gold and silver.
and enter Draco888 :rofl:
$40,000 could fetch you 25 of these. Just think of how much more gold you would have then any of the average people you know. They will all be getting fucked over and confused with various financial products while you sit and watch them slowly figuring it out.
https://teakdoor.com/images/smilies1/You_Rock_Emoticon.gif
Keep it up socal the warmonger has gone quiet or may be reading the other 80+ pages for his education.
Or you could follow butters investment advice which so far has consisted of:
1. Don't buy gold (which direction has the price of gold gone since then?)
2. Buy a 40k car (which direction will the price go after depreciation?)
Top investment advice so far :smileylaughing:
Education :smileylaughing:
You dimwits don't understand the basics on investments.
Let me educate you
XYZ Ltd
Price $10
Yield 5%
DPS 50c
15 years later
$40
Yield 4%
DPS $1.60
1.6/10 = 16%
So the LT investor now holds shares yielding 16% plus a 300% capital gain.
There have been many companies that have achieved results like this while Gold has had 2 bull markets in 100 years and pays NO DIVIDENDS :smileylaughing:
WW3. End of the world. Gold. What a load of tosh. Guffaw.
So I lose the bet with 9999. Anyways, heres where we are.
https://teakdoor.com/images/imported/2013/03/601.jpg
https://teakdoor.com/images/imported/2013/03/602.jpg
So, what are the lessons here?
- Can't predict a bottom. Downside momentum could continue from ongoing negative media headlines that scare investors into selling. Technical traders can also push gold down further.
- A consolidation period usually follows a large decline. Waiting is no fun, but it gives us time to accumulate the ounces we need and the stocks we want.
- Rebounds can be HUGE after big corrections. The bigger the fall, the bigger the bounce. Once the bottom is established and the consolidation completes, the climb could be powerful.
- Big corrections can supercharge investment returns. If you have a full position in gold and gold stocks, the strategy is simple: hold. If you have funds waiting to be deployed into the sector, we have some strategies below.
more useless graph by the usual nutters :rofl:
The graph shows gold going nowhere since 2011. 2 years of under performance and no dividends. Meanwhile a lot of equities have gone up 50-100% plus dividends.
Yeah let's buy gold and wait 25 years for the next major boom :-)
First of all, no dividends are beating inflation on average.
Equities have gone up 50-100% since early 2009. Not the last 2 years. But most indexes are still below 2007 highs. So as a trade, they have gone up. As an investment, they have gone nowhere for over a decade.
Equities=shitty investment
gg sir, let me know when you're in country we can settle up :)Quote:
Originally Posted by socal
I think gold is undervalued right now. Gerald Celente, a guy who's opinion I respect, values gold at anywhere from $2500 - $5000 an oz.
Also interesting to not that physical gold is going for as high as a 20% premium in some places over it's paper/ digital fake version.
shouldn't be hard to settle, how much was it again ? 40 THB Singha beer from the local 711 ? :rofl:Quote:
Originally Posted by 9999
so without any fundamental research, you simply believe one guy completely based solely on his opinion that incidentally fits your uninformed view ?Quote:
Originally Posted by 9999
priceless indeed :)
let's put those bets up, I raise you 2 Singha from Tesco Express :rofl: