DeletedUser
lol, your historical ignorance knows no bounds aye? I'm just wondering, who do you obtain your incorrect notions from, Glenn Beck?
If you are in a debate and you have the truth argue and make points about it, if not. then attack the person. All you are doing by calling me ignorant is proving that you are clueless and unable to make valid arguments against me.lol, your historical ignorance knows no bounds aye? I'm just wondering, who do you obtain your incorrect notions from, Glenn Beck?
Actually I dont really think so. I was wondering whether you was 2nd as the 3rd was only a joke. Actually your still first. Furthermore although I understand where your coming from Victor most people are not so financially independent as you apparently are. If the whole system goes down most big businesses will also belly flop etc etc. As much as we hate banks you cant really life without them. But I think your over pessimistic
Sorry Jakks youve lost me on the 2nd and 3rd remark joke t
China is set to replace the us as the biggest economy in this year or next. Well a diamond is actually smaller and can be worth very much. (just dont buy the blood type) well i for one aint gonna paint a home invasion target on my back by buying a lot of silver. although i always wanted to start buying the kruger rands which is a bit more low key when you buy them and their also worth a lot more than silver. well because the us is so big a market of ours its better for the world economy if businesses dont fail. well if you say they are gonna fail there is nothing that stops you from making money on their demise what is that called short buying.. buying at and selling stock now but paying in a year? not certain im no economist . well on topic that is all the viewpoints i have on the topic hellstromm etc can take it further.
Victor, I presently don't have the time to rebut your and others comments, but I think it's important enough that I address your "precious metals" hype.
As it's said, everyone has friends and I am no exception. One of my friends is a commodities junkie who traded in diamonds, stocks, currencies, and yes --- precious metals.
Cutting to the chase, the hype on precious metals is just that. Hoarders of such are actually trying to pawn it off as quickly as possible, and there's a reason (a few, actually).
First, there are the doom and gloom sellers, who try to trick you into thinking it's "time" to buy precious metals (gold in particular) . To put it bluntly, they're lying.
The old investment adage is, "buy low, sell high."
aye i totally agree and in the last 2 mths there has been a 30 - 45% pullback
Well, gold and silver are high right now, and most speculators anticipate a precious metals "bust," similar to what occured with the real estate market.
don't agree its not even hit wave 3 yet which is the blow off stage
That's "why" there are so many ads out there pushing you to buy gold now. A quick check of gold buyers will show they are purchasing gold at one-tenth market value (just 10 years ago they were purchasing at 50%-80% market value).
You cant get 100% pure physical under spot unless you mine it please provide proof of this claim
Please review the below links and understand that the frenzy to buy gold, silver, platinum, etc., is a concocted event, an exploitation of economic anxieties by unscrupulous brokers (you know, the same sort of people that caused the real estate, banking, and market catastrophes?!?).
http://www.good.is/post/glenn-beck-s-gold-scam-explained/
Numismatic ive already stated to stay well away from at all costs
http://www.cftc.gov/ConsumerProtect...n/CFTCFraudAdvisories/fraudadv_preciousmetals
Investments in Metals again ive said to stay well away from as its leveraged to the max.
http://www.huffingtonpost.com/2011/05/18/gold-scam-price-bubble-anxiety_n_863866.html
Again its a company investing for you... i said STAY AWAY FROM NON PHYSICAL