Hey - What's wrong with the FR topic selector?
The guy is right. If you want a return, the Stock Market is it.
Money in a cd earning.50% is actually losing 3.50% every year through inflation at todays rate. When hyper inflation hits fuggetaboutit.
So people are trying the market again knowing that they may be wiped out there too.
The stock market (or cash) with a hedge position in guns and ammo.
These are low information investors and we are them.
About 90% of Wall Street investment is from institutional investors (banks, hedge funds, insurance companies, etc). These guys use automatic electronic investment software and make literally millions off of fractions of cents.
With the Eurozone so unstable (now, including Germany), the stock market nearly the last place I'll want to be.
Invest in your own education and building your own business. Also, in supplies and ammunition.
You can't fool us any more, Jack - we don't have much left to steal. You are going to have to take steps to renew the productive capacity of America if you ever want the gravy train to return to what it was a decade ago. That may mean the people you represent have to sacrifice their short-term numbers in exchange for longer-term gains. I know it's anathema to them, but try to talk them into it. Really, an economically stronger America will be best for all concerned in the long run.
Urging us to keep trading our gold for your counterfeit paper just isn't going to work very well, in these times.
Is it just me, or does anyone else remember 2008? Given the state of the economy and what congress will or won’t do, I’m giving serious through of getting at least 50% of my equity funds into cash, even though I won’t be getting anything.
I’ve just got this terrible feeling that with the sequester and a probable downgrade in the credit rating (again, even though the government sent a shot across the bow of S&P with their law suit), I’ve just got a nasty feeling about it, and I’m just now back to where I was in 2008!
Jeez, the whole damned thing seems rigged, where the criminals are the ones making all the money (John Corzine anyone?)
as the dollar devalues, anything measured in dollars increases
things that have intrinsic value, like gold, only reflect the change coupled with demand
so the question is... are they moving to strengthen the dollar or weaken it? have they done, or have they planned to do, anything that will increase the dollars strength? anything?
the only answer is: no
therefore, the dollar will weaken as they print more. what effects will this have? gold will hold its value, which means it will move up as the dollar devalues or down as people cash in to put dollars into stocks to catch the wave. but once the wave is over, the last place you want to be is dollars.
Lets see, put my hard earned money on a rigged table in a casino or do without...
Darn, hard decision.
Just seemed like a time to take profits and sit on the sidelines until the inevitable correction occurs, then buy on the selloff...
I'll take Irrational Exuberance for 500, Alex.
Anyone who invested in ARs and ammo is making a killing....so to speak.