Posted:
#1
Now that the Dow is just below 12K, which do you think we see first, 11K or 13K?
I say 13K in autumn.
What say you?
I say 13K in autumn.
What say you?
Dow 11K or 13K?
Posted:
#8
What difference does it make? Buy Gold.Silver, Palladium and get rich the US market and dollar are toast. I read Friday which estimated there are over a "Quadrilion in Derivatives" out there. I don't even know what a Quadrillion is but I know all these greedy banks messed up big time. If it's true say bye bye to C, LEH, WB, BAC etc..and hello to $2,500 Gold $50 Silver. For the sake of my fiends, neighbors and country I wish this mess wasn't as big is it is. I also wish people knew what was going on but things are the worst I've ever seen. Stage 2 of Monetary Collapse officially started Friday Got Gold, Silver PGM'S?????????
Posted:
#9
11k has better chance than 13k, but in reality, neither will be hit by EOY.
Range bound trading. Sell hype and hoopla short, then buy gloom and doom long. Both are trades, though, only.
Not to be an icehole, but "WHO IN THE F---" would be buying stocks right now "for the long term" in the most hideous economic environment this country has witnessed since the Great Depression of the early 30s?
Posted:
#10
I dont agree with buying the actual gold/silver/plat as a way to make big money..you have to speculate and go after the stocks who will benefit, the leverage is better.
CC, drillers are going to keep making great money with oil going up and if oil goes up then solars go up.
Even in a brutal market there will be some strong stocks that you can own and retire with. You have to avoid the indices and the main stream stocks in a downturn and go with what is in favor.
CC, drillers are going to keep making great money with oil going up and if oil goes up then solars go up.
Even in a brutal market there will be some strong stocks that you can own and retire with. You have to avoid the indices and the main stream stocks in a downturn and go with what is in favor.
Posted:
#11
WSC-
You still got to be careful with "strong sectors" in a bear market. The overall market, on a brutally bad down-trend, will take down EVERYTHING............even drillers and solars.
And let's face it, solars and drillers are so technically overbought it is ludicrous. You got solar companies trading at 1000 times sales........let alone earnings. How can you let that crap run when sitting in the black? Right, you can't, cause you know it's just a matter of time before some garbage name like FSLR walks in to a 100 point gap down open.
Posted:
#13
We are currently in the midst of the most dismal economic future this country has seen since the Great Depression of the early 1930s.
The good news is it's already begun.....so there's no more "uncertainty."
Unfortunately, the bad news is we've only just barely begun the game. If this economy were a baseball game, I'd say we're in the 2nd inning, and already down like 12 -1. Even sadder than that is our country is the equivalent of a pee wee league team when you objectively look at the quality of our leadership.
So we're in the second inning of a baseball game, already down 12-1, and being led by the blind.
Posted:
#23
Do I need to say it again buy Gold and Precious Metals!!!!!!!!!!!! The economic collapse wave 2 has just begun. If you want potential huge gains look at the junior miners WCPCF, MDW, CDE, SIL, SA if you're risk averse buy GLD, SLV, NEM, GG, PAAS, AEM, SLW. It doesn't matter what you buy they are all going higher and PAL, SWC and the PGM Metals are all going higher too. My whole screen was green today!!!!!!!!!!!!!!!! Study history during the great depression gold stocks and penny stocks skyrocket, during the last Gas Price surge same thing.
Posted:
#24
Quote Originally Posted by PALLADIUM:
Do I need to say it again buy Gold and Precious Metals!!!!!!!!!!!! The economic collapse wave 2 has just begun. If you want potential huge gains look at the junior miners WCPCF, MDW, CDE, SIL, SA if you're risk averse buy GLD, SLV, NEM, GG, PAAS, AEM, SLW. It doesn't matter what you buy they are all going higher and PAL, SWC and the PGM Metals are all going higher too. My whole screen was green today!!!!!!!!!!!!!!!! Study history during the great depression gold stocks and penny stocks skyrocket, during the last Gas Price surge same thing.
Do I need to say it again buy Gold and Precious Metals!!!!!!!!!!!! The economic collapse wave 2 has just begun. If you want potential huge gains look at the junior miners WCPCF, MDW, CDE, SIL, SA if you're risk averse buy GLD, SLV, NEM, GG, PAAS, AEM, SLW. It doesn't matter what you buy they are all going higher and PAL, SWC and the PGM Metals are all going higher too. My whole screen was green today!!!!!!!!!!!!!!!! Study history during the great depression gold stocks and penny stocks skyrocket, during the last Gas Price surge same thing.
problem with precious metals now is that you are buying at their high arc....I'm sure you bought a while ago and are truly profiting but advising people to buy now is a little unwise
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