BREAKING on DRUDGE!!! - NOURIEL ROUBINI: 'STOCKS TO DROP ANOTHER 20%. Cash safest place' | |
Anonymous Coward User ID: 69144 United States 05/21/2010 07:56 AM Report Abusive Post Report Copyright Violation | |
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mthasan User ID: 947466 Bangladesh 05/21/2010 07:59 AM Report Abusive Post Report Copyright Violation | |
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tomasgod1 User ID: 913785 United States 05/21/2010 08:03 AM Report Abusive Post Report Copyright Violation | Hey Mods! Thanks for the Quoting: UNThreddedNo doubt mods not helping out here...And I am about to get hacked off! _______ Blog [link to mysolaralerts.blogspot.com] YouTube Channel [link to www.youtube.com] "Give me Liberty, or give me Death!" FOUNDING FATHER, Patrick Henry (May 29, 1736 – June 6, 1799) |
Anonymous Coward User ID: 541428 United States 05/21/2010 08:03 AM Report Abusive Post Report Copyright Violation | |
tomasgod1 User ID: 913785 United States 05/21/2010 08:04 AM Report Abusive Post Report Copyright Violation | Take a chill pill! _______ Blog [link to mysolaralerts.blogspot.com] YouTube Channel [link to www.youtube.com] "Give me Liberty, or give me Death!" FOUNDING FATHER, Patrick Henry (May 29, 1736 – June 6, 1799) |
AKA Barry Soetoro User ID: 895551 United States 05/21/2010 08:11 AM Report Abusive Post Report Copyright Violation | |
tomasgod1 User ID: 913785 United States 05/21/2010 08:13 AM Report Abusive Post Report Copyright Violation | This just pisses me off! There is no reason that we sould not profit off of Europe market doom. Their decline in the market should strengthen the dollar! Remember the field day Japan had in the lat 80's, and early 90's with the rise of the Yen against the Dollar. The Japanese came over here on a regular basis and bought our property like it was candy store day for a 5 year old. _______ Blog [link to mysolaralerts.blogspot.com] YouTube Channel [link to www.youtube.com] "Give me Liberty, or give me Death!" FOUNDING FATHER, Patrick Henry (May 29, 1736 – June 6, 1799) |
BRIEF AND TO THE POINT User ID: 381742 United States 05/21/2010 08:21 AM Report Abusive Post Report Copyright Violation | Well....Fuck Poor people do poor people things, and rich people do rich people things. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend, is the beginning of the end of any nation. You cannot multiply wealth by dividing it! when you rob Paul to give to Peter ... ... ... you will always get Peters support! :Brieffromnativea: |
Sul-americano User ID: 643866 Brazil 05/21/2010 08:23 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 977063 United Kingdom 05/21/2010 08:26 AM Report Abusive Post Report Copyright Violation | From the mainstream UK Channel4 News. 'Dr Doom' warns banks 'planting seeds' of crisis Nouriel Roubini, the man whose warnings over the credit crunch were ignored, tells Jon Snow that banks have learned little from the economic crisis and that Europe will probably face a 'double dip' recession. Watch Video: [link to www.channel4.com] |
Punk A$$ets User ID: 956533 United States 05/21/2010 08:38 AM Report Abusive Post Report Copyright Violation | During Deflation everything goes down in value except cash. Quoting: Chick[link to www.elliottwave.com] Good investments for deflation As we discussed on the previous page, are tangible assets good investments in times of deflation, generally speaking, good investments for deflation are based solely on safety. Remember, during deflation, the goal is to preserve one's capital for the bottom: the ultimate buying opportunity. Good investments for deflation will not be focused on return on capital but rather return of capital – there's a big difference. The conventional analysts' battle cry is "diversification." They recommend having your assets spread across different stocks, stock funds and/or foreign stock markets. Advocates of junk bonds likewise counsel investors that having lots of different debt instruments will reduce risk. This strategy is bogus. Owning an array of investments is financial suicide during deflation. Stocks, bonds and commodities are not good investments for deflation. They all go down, and the logistics of getting out of them can be a nightmare. There can be weird exceptions to this rule (learn more in Conquer the Crash), but all assets usually go down in price during deflation except one: cash. Good investments for deflation: Cash? Cash is the only asset that assuredly is a good investment for deflation. One safe "parking place" for capital during a deflationary crash is cash notes — for example, $100 bills, £50 notes or the equivalent in your home currency — in a safe depository that you can always access. That way, you will have money if the bank fails, you will have money if credit collapses, and you will have money if the government defaults on its debt. I will just say that we have already had major deflation. Real estate down 30-50% in some places. Gas prices off $2 per gallon from 2008. Yet gold has risen. In spite of its decline in the last few trades it is still up $80 for the year. I do think mostly cash is a good place to be but I think some gold is worthwhile too. I know you cant eat it but you cant eat cash either. Bread was $1.72 in 2000 and its up to $2.40 just 10 years later. The value of our dollars is sadly going down regardless of how safe we think cash is. Last Edited by Chucklebutt on 05/21/2010 08:38 AM |
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American Jedi User ID: 975152 United States 05/21/2010 10:19 AM Report Abusive Post Report Copyright Violation | May 21 (Bloomberg) -- U.S. stocks erased losses and the Australian dollar rose versus the yen on speculation the rout in risky assets has overshot the potential damage from Europe’s debt crisis. This further demonstrates just how manipulated the entire market really is. |
Anonymous Coward User ID: 970552 United States 05/21/2010 10:37 AM Report Abusive Post Report Copyright Violation | [link to www.bloomberg.com] Quoting: American Jedi 975152May 21 (Bloomberg) -- U.S. stocks erased losses and the Australian dollar rose versus the yen on speculation the rout in risky assets has overshot the potential damage from Europe’s debt crisis. This further demonstrates just how manipulated the entire market really is. What more could we expect when the only people regulating the bankers are the I can;t even say it as it makes so little sense All indices are off right now. Dow down 55... Invest in the dollar? What a joke |
American Jedi User ID: 975152 United States 05/21/2010 10:37 AM Report Abusive Post Report Copyright Violation | [link to www.smartcompany.com.au] Credit agency Dun & Bradstreet has delivered a blunt warning to SMEs about the patchy state of the economic recovery, warning it downgraded the risk profiles of a staggering 80,000 firms during the March quarter – a greater number of firms than were downgraded during the first quarter of 2009. If even half of these were to fail, hell, a quarter, it would have an absolutely catastrophic effect on the REAL economy. See, the imaginary world of the Wall Street shitbags drives our real economy because we quit producing anything and we allowed our jobs to be shipped overseas. Yes, we did it with our apathy and silence. If there is an NWO, you and I gave them power. |