Forum
So now that we're AA+...
|
montecarlo wrote
at 9:26 PM, Friday August 5, 2011 EDT
Should I liquidate all our stocks and buy gold?
Can't believe I'm actually half serious. I just don't want to go through another cycle of losing half our savings again (bad enough we bought a house in 2005 lol). |
|
deadcode wrote
at 12:05 PM, Monday August 8, 2011 EDT Btw; Gold is parabolic; so I assume there will be some sorta sharp correction before moving higher.
|
|
|
deadcode wrote
at 8:55 PM, Monday August 8, 2011 EDT The DOW got raped; Did you buy in the market TC?
|
|
Tourney Champ wrote
at 10:36 PM, Monday August 8, 2011 EDT nibbling on select names. ill jump in when i see the ecb start to roll out their buys. picking bottoms is a fools errand. that being said, BAC is sooooo cheeaaappppp lol
the EU will crystalize a true monetary union out of this. |
|
|
deadcode wrote
at 1:58 AM, Tuesday August 9, 2011 EDT I think the Keynesians will be back to money printing. That is all they know how to do.
The idea is already starting to be talked about in the media again. You know they will be watching the public's reaction to gauge whether they can get away with another one. http://www.ft.com/cms/s/0/4857b65a-c1dd-11e0-bc71-00144feabdc0.html |
|
|
deadcode wrote
at 2:00 AM, Tuesday August 9, 2011 EDT Printing money is the equivalent of a tax on dollar holders. The administration certainly wants to introduce new taxes; and this type they don't have to get through congress. The fed can just do so on the whim. How sorry our republic has become.
|
|
jurgen wrote
at 6:34 AM, Tuesday August 9, 2011 EDT If you had purchased $1,000 of shares in Delta Airlines 1 year ago, you would have $49.00 today!
If you had purchased $1,000 of shares in AIG, you would have $33.00. If you purchased $1,000 of shares in Lehman Brothers, you would have $0.00. But, if you purchased $1,000 worth of beer, drank it all, and then turned in the aluminum cans for recycling, you would have $214.00. Therefore, currently the best investment plan is to drink heavily & recycle. It's called the 401-Keg Plan.... |
|
OMG!Peter Pan wrote
at 8:58 AM, Tuesday August 9, 2011 EDT I knew shoes were a good investment :P
|
|
Thraxle wrote
at 10:21 AM, Tuesday August 9, 2011 EDT I pulled out a lump of cash from my retirement account to buy a gorgeous foreclosure about 5 weeks ago. I got about $40,000 in equity the moment I signed the closing papers and I grabbed the cash before it lost it's ass this past 10 days.
LIFE IS GOOD!!! |
|
|
deadcode wrote
at 10:26 AM, Tuesday August 9, 2011 EDT You heard of the riots in London; well the riots in America are already being organized and gaining strength.
http://www.washingtontimes.com/news/2011/aug/8/mayor-talks-tough-to-black-teens-after-flash-mobs/ Obama / Keynesian's solution to it all? You guess it; more spending; more debt. http://www.washingtontimes.com/news/2011/aug/8/obama-renews-call-for-tax-cuts-jobless-benefits/ |
|
|
deadcode wrote
at 10:31 AM, Tuesday August 9, 2011 EDT Guessed*
|
