Thread: World financial outlook....
03-05-2011, 02:57 PM #1
World financial outlook....
I suggest everyone watches this vids. Come to you own conclusions:
Vid #1: http://www.stansberryresearch.com/pr...VD/LPSIM317/PR (about 1 hour long)
Last edited by GT3; 03-05-2011 at 03:09 PM.
03-05-2011, 03:33 PM #2
03-05-2011, 04:00 PM #3
So I watched about 20mins and then fast forwarded to his recommendations, my real question is if the "gold bubble" will pop?
I guess the way I see it, if the USD doesn't stabilize, gold will keep rising?
Cliff notes: US economy going in the ditches, currency will be devalued, to protect yourself, buy as much gold and silver as you can since those commodities will not be devalued as currencies devalue...
03-05-2011, 04:01 PM #4
Well worth the watch. Plus, those that don't know; silver has gone up 75% in the last 6-7 months! It has always outperformed gold and other metals...
DP, your reply is within the subject, but unless you watch the whole vid, you won't understand the real big picture. You need to watch the whole thing when you get a chance. It's not just about gold/silver and the USD, but also oil, stock markets, current economic state of the US Govt, and much more, all of which, is backed up by facts...
03-05-2011, 04:06 PM #5
03-05-2011, 08:52 PM #6
I did not watch the first video yet but I will.
I will mention the gold/silver though because I find that incredibly interesting.
If there is less Silver, why isn't it valued higher than gold? Secondly, I'm an idiot for not investing in silver.
I had a decent stock portfolio, nothing spectacular, but decent. I wasn't really hurt much by the crash but not like my entire life was invested in it. I just wish I put everything in gold or that my broker was smart enough to do that. What do these guys get paid for? Shouldn't they see these trends? Yes, gold is the best investment over the past decade and I feel like a dumbass for not getting in on it.
03-05-2011, 09:50 PM #7
With the bonus system in the financial market, what is best for you is not always best for the broker. As long as you aren't losing money, you will usually continue working with them so they view it as win win. Finances is really a crazy thing in the US right now
03-05-2011, 09:55 PM #8
03-05-2011, 09:57 PM #9
I watched them. The US is F'd I'm buying a house in the Catskills, and loading up on ammo.
03-05-2011, 10:05 PM #10
Sensationalism sells. Inflation is going to rape the middle class is just played out I guess. That and people don't want to here that Obama couldn't change the system in one fell swoop. It doesn't give people the warm fuzzy they are looking for
03-05-2011, 10:30 PM #11
03-05-2011, 11:42 PM #12
03-05-2011, 11:54 PM #13
The naked short selling video with Bear Sterns is insane.
03-06-2011, 09:21 AM #14Senior Member
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Copper is the real money. Gold is more decorative aspect, but Copper also has industrial applications. Minor sources of copper makes it a safe investment and extremely high profits to be had. the priced got triple in 2006 and fell off but it is raising again
03-06-2011, 09:34 AM #15
What sucks is, by the time the average guy hears/reads about a financial trend/tip, it is already too late. But I too am kicking myself in the arse for not buying more gold/silver.
03-06-2011, 04:53 PM #16
03-06-2011, 08:13 PM #17
03-06-2011, 08:38 PM #18
03-06-2011, 08:59 PM #19
I prefer the moon, or Saturn; yea Saturn. With all them alien hoes.Some people live long, meaningful lives.
Other people eat shit and die.
I'm not racist, I hate everybody equally; especially fat people.
03-07-2011, 05:41 PM #20
03-07-2011, 11:09 PM #21
03-07-2011, 11:38 PM #22
03-08-2011, 02:43 AM #23
03-08-2011, 12:16 PM #24