LizardKing Posted September 1, 2010 Report Share Posted September 1, 2010 Never trust a broker. If they really knew what's up, they be quiet and keep it to themselves... Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted September 2, 2010 Report Share Posted September 2, 2010 I watch silver and it is up and down all of the time. would I invest in Silver? Probably not. Link to comment Share on other sites More sharing options...
Steve Posted September 2, 2010 Report Share Posted September 2, 2010 Usually when these 'to the moon' predictions start it means it's time to sell. But what to do with the paper? That's the scary thing nowadays. If you have cash, a lot of it (unfortunatley I don't), where is the safe haven? Traditionally gold. Diamonds for some historically as well as U.S. treasuries. However, the world is so f**ked up now that there isn't really anywhwere 'safe' or is there? Link to comment Share on other sites More sharing options...
chuckwoww Posted September 2, 2010 Report Share Posted September 2, 2010 A lot of people have pulled out of the stock market and equity mutual funds. It's all about preservation of capital now. People are settling for very low returns. It's hard to imagine bonds and T-bills going below 0%. Link to comment Share on other sites More sharing options...
rchapstick Posted September 3, 2010 Report Share Posted September 3, 2010 Usually when these 'to the moon' predictions start it means it's time to sell. But what to do with the paper? That's the scary thing nowadays. If you have cash' date=' a lot of it (unfortunatley I don't), where is the safe haven? Traditionally gold. Diamonds for some historically as well as U.S. treasuries. However, the world is so f**ked up now that there isn't really anywhwere 'safe' or is there? [/quote'] I'll carve out a spot under my mattress just for you ... Link to comment Share on other sites More sharing options...
Steve Posted September 3, 2010 Report Share Posted September 3, 2010 Actually, its not too far off from what I've heard friends talk about. They don't trust ANY bank. They thought like women when it came to banks and 'size matters' and then their bank, their big major bank needed a bail out. My parents grew up with parents who suffered the depression and it wasn't lost on them. They have never trusted banks or any financial institution. I wouldn't be surprised if we found some money squirreled away in their home, god forbid, they pass on. Today has the same feel from what I hear. Bury it your back yard or stuff it in the mattress. Is there a truly safe haven for your money nowadays? Please don't say U.S. treasuries. ;-) Link to comment Share on other sites More sharing options...
Old Hippie Posted September 3, 2010 Report Share Posted September 3, 2010 "...They thought like women when it came to banks and 'size matters'..." I have it on good authority, my slutty friend MJ, that size ONLY matters if the guy knows how to use it! and according to her, most guys with size don't know shit! But a guy with size, who can lay it right, is what is desired and needed...and she has banged a lot of guys, from all races and walks...oh yeah, banks...they suck. Link to comment Share on other sites More sharing options...
chuckwoww Posted September 3, 2010 Report Share Posted September 3, 2010 I've got just the thing for you CS. Copper! Rent a warehouse and fill it up. http://www.resourceinvestor.com/News/2010/9/Pages/Is-Copper-the-New-Red-Gold-.aspx Link to comment Share on other sites More sharing options...
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