[quote]John S. wrote:
Standard Donkey wrote:
ZEB wrote:
My stocks have done nothing but go up. Sure glad I didn’t listen to you nay sayers. I’m making money and you guys are missing out. Oh well.
This is real talk
So is the fact that the dow when you take[/quote]
I’ll type this slowly for you and the other gloom and doomers: Stocks purchased over the long haul outperform every other investment. There you go son, now run along and go listen to Ron Paul sing about the end of the world. Let me know how much money that will has made you 10 years from today.
â??Mr. Bernanke has never been right about anything,â?? said Rogers, adding that the Fed chairman “doesnâ??t understand economics, finance, or currencies and is merely pushing the problem to the future by printing more money,” Rogers told CNBC.
He reiterated his view that there’s no bubble in gold right now, although he doesn’t rule that out in the future.
â??Iâ??d hardly call something that is very depressed a bubble,â?? the legendary investor said.
Right now, very few people own gold, and I can hardly call something a bubble when very few people own it," he said, adding "I expect there to be hysteria in the precious metals markets in 5-10 years.
He said he prefers silver over gold, although he likes and owns gold, simply because silver has the potential of gaining more in terms of percentage, as it is so depressed.
On oil, he reiterated that he owns the commodity, he is not selling , and expects it to go much higher over the years."
I suspect Zeb won’t click the link but maybe someone who doesn’t WANT TO BE SHEARED might. Do so and let Zeb live in his fantasyland, where paper money is solid and dependable and no anti-industrial revolution is taking place.
I suspect Zeb won’t click the link but maybe someone who doesn’t WANT TO BE SHEARED might. Do so and let Zeb live in his fantasyland, where paper money is solid and dependable and no anti-industrial revolution is taking place.
[/quote]
That’s funny, I sold just one of my stocks the other day. I made a $2,000 profit. They sent me a check and there it was, a profit of just a little over 2-k. I’m using that money plus some other money I had saved to put a back deck on my house (no not a survival shelter ha ha). But, there it is right there sitting on my home office desk right in front of me, real money.
But, don’t let any of this reality talk stop you from listening to a gold nut try to talk up the price of gold. P.T. Barnum was right, at least about people like you.
[quote]ZEB wrote:
My stocks have done nothing but go up. Sure glad I didn’t listen to you nay sayers. I’m making money and you guys are missing out. Oh well.[/quote]
This is real talk[/quote]
So is the fact that the dow when you take into account inflation is lower then it was in 1999. Thats some real talk too.[/quote]
I made 3,200 profit on my stock last week. I might sell it tommorrow and take the money, or I might hold it a little longer.
The topic is not “The Dow is climbing higher than it was in 1999” it’s “the Dow is climbing higher”. Point is, Zeb and I are making money by clicking our mouses a few times despite what you naysayers are saying.
[quote]ZEB wrote:
My stocks have done nothing but go up. Sure glad I didn’t listen to you nay sayers. I’m making money and you guys are missing out. Oh well.[/quote]
This is real talk[/quote]
So is the fact that the dow when you take into account inflation is lower then it was in 1999. Thats some real talk too.[/quote]
I made 3,200 profit on my stock last week. I might sell it tommorrow and take the money, or I might hold it a little longer.
The topic is not “The Dow is climbing higher than it was in 1999” it’s “the Dow is climbing higher”. Point is, Zeb and I are making money by clicking our mouses a few times despite what you naysayers are saying.
I’ll take inflated money over no money any day.[/quote]
[quote]ZEB wrote:
My stocks have done nothing but go up. Sure glad I didn’t listen to you nay sayers. I’m making money and you guys are missing out. Oh well.[/quote]
This is real talk[/quote]
So is the fact that the dow when you take into account inflation is lower then it was in 1999. Thats some real talk too.[/quote]
I made 3,200 profit on my stock last week. I might sell it tommorrow and take the money, or I might hold it a little longer.
The topic is not “The Dow is climbing higher than it was in 1999” it’s “the Dow is climbing higher”. Point is, Zeb and I are making money by clicking our mouses a few times despite what you naysayers are saying.
I’ll take inflated money over no money any day.[/quote]
BRAVO.[/quote]
You are without a doubt the stupidest poster in PWI. I seriously hope the crash wipes you out and you have to beg for food.
[quote]ZEB wrote:
My stocks have done nothing but go up. Sure glad I didn’t listen to you nay sayers. I’m making money and you guys are missing out. Oh well.[/quote]
This is real talk[/quote]
So is the fact that the dow when you take into account inflation is lower then it was in 1999. Thats some real talk too.[/quote]
I made 3,200 profit on my stock last week. I might sell it tommorrow and take the money, or I might hold it a little longer.
The topic is not “The Dow is climbing higher than it was in 1999” it’s “the Dow is climbing higher”. Point is, Zeb and I are making money by clicking our mouses a few times despite what you naysayers are saying.
I’ll take inflated money over no money any day.[/quote]
BRAVO.[/quote]
You are without a doubt the stupidest poster in PWI. I seriously hope the crash wipes you out and you have to beg for food.
[/quote]
I see, you’ve now sunken to the point where you are wishing me ill will. I guess I shouldn’t be surprised. Certainly not as surprised as your daughter was when she opened her birthday present.
[quote]ZEB wrote:
My stocks have done nothing but go up. Sure glad I didn’t listen to you nay sayers. I’m making money and you guys are missing out. Oh well.[/quote]
This is real talk[/quote]
So is the fact that the dow when you take into account inflation is lower then it was in 1999. Thats some real talk too.[/quote]
I made 3,200 profit on my stock last week. I might sell it tommorrow and take the money, or I might hold it a little longer.
The topic is not “The Dow is climbing higher than it was in 1999” it’s “the Dow is climbing higher”. Point is, Zeb and I are making money by clicking our mouses a few times despite what you naysayers are saying.
I’ll take inflated money over no money any day.[/quote]
BRAVO.[/quote]
You are without a doubt the stupidest poster in PWI. I seriously hope the crash wipes you out and you have to beg for food.
[/quote]
I see, you’ve now sunken to the point where you are wishing me ill will. I guess I shouldn’t be surprised. Certainly not as surprised as your daughter was when she opened her birthday present.
[/quote]
I made 3,200 profit on my stock last week. I might sell it tommorrow and take the money, or I might hold it a little longer.
The topic is not “The Dow is climbing higher than it was in 1999” it’s “the Dow is climbing higher”. Point is, Zeb and I are making money by clicking our mouses a few times despite what you naysayers are saying.
I’ll take inflated money over no money any day.[/quote]
And why do you assume those who buy gold/silver don’t do this? Short term trading can be done in many different fields, when HH or I talk about stock markets we are usually going against the long term, not the short term investments like you are talking about.
I think we are probably both saying the same thing, just in different ways. I am simply saying keeping money in the market for a long time is just begging to get it lost.
I will say this about HH tho, he was warning about the last crash and people mocked him like they are doing here and he ended up with the last laugh on that one.
It seems that the new thing to do is to try to predict an economic collapse.
I guess in the midst of said economic collapse, who ever predicted it can get on their blog or T.V. show and shout “See! I Told You So”. But to what end?
In a complete meltdown commodities aren’t going to be worth the paper that says you own them, cuz lets face it, Fort Knox ain’t going to let you come marching through the gates in the midst of Armageddon to claim ownership of your shit.
If the food riots and everything else that you have been rambling about actually did occur, what are you going to do? Hold up a couple of certificates of ownership to stop a mob from raiding your pantry?
So really, to what end? Buy Gold! Cause it ain’t gonna be worth a shit either, but at least it’s shiny!
The more cynical side of me thinks that whole “The end is near, Buy Gold!” hullabaloo may just go down as the most well orchestrated pump and dump in history, and a lot of the people who do the whole “do what the smart people are doing” thing are gonna get bent over and plunged like a toilet.
The funny part is that they aren’t even full of their own shit, thy are full of someone else’s.
So really, to what end? Buy Gold! Cause it ain’t gonna be worth a shit either, but at least it’s shiny!
[/quote]
Do you know how many Jews there are that have at least some amount of wealth in gold or diamonds?
Can you imagine why so many of them have that?
[/quote]
Cause they like shiny stuff? I don’t know. You got me.( Well, that and they can both be bought in Israel for a hell of a lot less than in the U.S. One of my brothers loaded up on some very nice things last time he was there.)
Really though, if you adhere to the concept of this impending economic apocalypse, It DOESN’T MATTER what commodity you have your wealth tied up in, real or paper.
What are you going to measure the value of diamonds or gold in or against when dollars, diamonds, gold, or what ever else is worthless? Bear in mind, this is the economic apocalypse that all of the financial prognosticators are warning of. The dollar is worth nothing, and there are riots for food. People are living on what they can put in their mouths, not their pockets.
I’d stock up on fish hooks and ammo, cuz my fly rod and deer rifle are going to yield better dividends at the dinner table than all the gold in the Egyptian empires.
ex. You have a hand full of diamonds=100ct. I have matches and fire wood. I might let you sit by my fire for the hand full of diamonds, but you aren’t getting a stick or a match to light it for less than something of equivalent utility.