robbiedublu
Member
If you're talking about precious metals, read tfmetalsreport.blogspot.com
harveyorgan.blogspot.com
If you just want to learn about general financial issues, zerohedge.com
apmex.com for PM purchases
any financial gurus?
- Thread starter fisheye
- Start date
If you're talking about precious metals, read tfmetalsreport.blogspot.com
harveyorgan.blogspot.com
If you just want to learn about general financial issues, zerohedge.com
apmex.com for PM purchases
Now is a great time to invest if you have the money to do so. When considering investments you gotta figure out if you wanna make a long term or short term investments.....
A current short term investment would be to invest the US dollar in the Euro, seeing as the whole European Monetary Union is currently suffering their version of a financial crisis as us Americans are on the verge of recovery. As the euro:dollar ratio is about 1:1.38 right now it would be a good idea to invest. Less than a year ago the dollar was equal to about 1:1.75. Think about it... if you invested 10k in the euro today you would have about 7240 euros...once the euro stabilizes and the dollar recovers, say back to 1.75, your 10k investment would have made you more than $2,500. and thats a short-term small (10k) investment...
As for the long term, think about investing in alternative energy sources. Alternatives to non renewable resources are increasing their worths over time. Also, we are going to run into a WATER shortage within the next 20 years, invest in land with water sources, or perhaps buy a reservoir. It is said by 2030, each gallon of water will cost $3.00, no questions asked.
A current short term investment would be to invest the US dollar in the Euro, seeing as the whole European Monetary Union is currently suffering their version of a financial crisis as us Americans are on the verge of recovery. As the euro:dollar ratio is about 1:1.38 right now it would be a good idea to invest. Less than a year ago the dollar was equal to about 1:1.75. Think about it... if you invested 10k in the euro today you would have about 7240 euros...once the euro stabilizes and the dollar recovers, say back to 1.75, your 10k investment would have made you more than $2,500. and thats a short-term small (10k) investment...
As for the long term, think about investing in alternative energy sources. Alternatives to non renewable resources are increasing their worths over time. Also, we are going to run into a WATER shortage within the next 20 years, invest in land with water sources, or perhaps buy a reservoir. It is said by 2030, each gallon of water will cost $3.00, no questions asked.
robbiedublu
Member
Currency trading is a very volatile and dangerous and complicated game and there is no way any one individual can win vs. the big currency trading firms. Todays dollars will not exist in 2030. "New dollars" perhaps.
If you are a real tinfoil hat wearing, the black helicopters are coming, I smoked too much finger hash conspiracy freak type then the only security is in being able to grow your own food and defend it with lethal force.
But for the sane among us, the next best thing is a well diversified portfolio of stocks, bonds, treasury inflation protected securities, and perhaps gold. Although realize that gold is an inflation hedge only. In REAL terms over the long haul gold does not appreciate, it just maintains it's purchasing power. Prove it to yourself. Go back and plot how many barrels of oil an ounce of gold buys going back fifty years. The price of gold as measured in oil is a constant. That's pretty much the definition of a zero real rate of return.
The first step is to get yourself over to Vanguard.com and familiarize yourself with stock index funds.
The next step is to learn about bonds, inflation, real rates of return, and interest rate risk.
And finally it is worth learning about hedging techniques. If anyone gives you any investment advice here's how to tell if they know what they are talking about. Ask them how they hedge. If they have no idea what hedging is or how to hedge their particular investment they are a fool. Especially if they mention commodities like gold these days.
I might add having a few offshore bank accounts is probably not a bad idea for the extremely cautious.
But for the sane among us, the next best thing is a well diversified portfolio of stocks, bonds, treasury inflation protected securities, and perhaps gold. Although realize that gold is an inflation hedge only. In REAL terms over the long haul gold does not appreciate, it just maintains it's purchasing power. Prove it to yourself. Go back and plot how many barrels of oil an ounce of gold buys going back fifty years. The price of gold as measured in oil is a constant. That's pretty much the definition of a zero real rate of return.
The first step is to get yourself over to Vanguard.com and familiarize yourself with stock index funds.
The next step is to learn about bonds, inflation, real rates of return, and interest rate risk.
And finally it is worth learning about hedging techniques. If anyone gives you any investment advice here's how to tell if they know what they are talking about. Ask them how they hedge. If they have no idea what hedging is or how to hedge their particular investment they are a fool. Especially if they mention commodities like gold these days.
I might add having a few offshore bank accounts is probably not a bad idea for the extremely cautious.
robbiedublu
Member
We'll see how "sane" you feel in a year or 2 when you have a million dollars in your vanguard index fund and you withdraw it all to be able to buy 1 loaf of bread and a gallon of gas. You keep investing in dollar denominated assests while Bernanke prints you into the poor house. The best investment in terms of maintaining purchasing power over the last 10 yrs has been precious metals, mainly gold. My "hedge"? Guns, ammo and food storage.
Why don't you quit reading what Soros/ Murdoch/ MSM want you to read and do a little research on your own?
1,INFORMATION if the grid crashes the internet wont be there kids no more google better start remembering things
2 Water & land. information can get you this
3 Seeds. you can get these with information
4 Ammunition a bullet filling kit and some information solves this
5. medicines, information solve this
basically information
geology, hydrology, combat, communication, horticulture, fishing,
2 Water & land. information can get you this
3 Seeds. you can get these with information
4 Ammunition a bullet filling kit and some information solves this
5. medicines, information solve this
basically information
geology, hydrology, combat, communication, horticulture, fishing,
S
stony2
we had quite a scare there in the precious metals the past month. however, over the past 10 years this has always been temporary, long term it has always been up
the best entry point in the metals is always NOW. you might catch it at a bad point and be down for a few months, but 1, 2 years from now you'll feel very lucky you bought
greetz
stony
the best entry point in the metals is always NOW. you might catch it at a bad point and be down for a few months, but 1, 2 years from now you'll feel very lucky you bought
greetz
stony
S
stony2
FDIC is broke, dude
I think last month was just to shake some of the weak hands out. I'm long physical silver, cash, land. I have a little in a 401K. Everybody at work loves to talk about how high it's going. I have my Dow 13,000 hat on.
Jim Cramer's Mad Money on CNBC. He makes the best pics at the casino.
"Bear Sterns is FINE!"
robbiedublu
Member
Sweet week this week for physical silver holders. Hopefully the miners will catch up soon.
damn i double posted 
Yeah I like this chart fo sho. 
That's my pony in the race. Gotta say, the casino can be fun.
That's my pony in the race. Gotta say, the casino can be fun.
G
Guest 150314
I already have some money in silver, I have a bit of extra cash to do something with.. you guy's think silvers going to keep going up or level out soon?
robbiedublu
Member
My personal belief is that we will see silver over $400 within the next 3 years and $75 easy this year. I think there will be ups and downs along the path. You should think of it as a store of wealth and value, versus an investment that you want to sell for a profit at some point in the future. For me the best thing would be to never have to sell any.
