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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Seeker of Truth who wrote (70298)1/12/2011 2:36:12 AM
From: TobagoJack  Read Replies (1) | Respond to of 218072
 
hello seeker, we missed you. you were busy, no doubt. busy is good.

on gold, oil, vs real estate, i intend to ponder the issue during the upcoming holiday to celebrate the dawning of new year 4709, year of the metal bunny.

however, just off of top of mind, i figure:

- speculation in oil per greed has a natural cap on price, because of fuel switching first and economies crumbling second

- speculation real estate has a price limit, because of cash flow first, and debt cratering second

- investment gold, in comparison, has no upper limit on price for the few months, weeks, days, and minutes we need it to be pinned at the ask bids, because

- gold is useless
- gold is driven by hyper greed, but also diaper fear
- there is simply not a lot of gold to go around especially if to offset the amount of paper money that is just growing and growing

i remember the good old days, circa 1990s, when economists guessed that china needed around 200 billion of forex reserves

china is closing in on 3 trillion by latest count, and should breach 3 tril before Q3.

if china does not need gold now, it shall very soon.

wager on gold, bet on the new sovereign, and count our blessings, so that we may count them again tomorrow.

like someone had mentioned on cnbc when interviewed, not owning gold now is a form of insanity.

cheers, jay



To: Seeker of Truth who wrote (70298)1/12/2011 8:00:05 AM
From: Amelia Carhartt  Respond to of 218072
 
I don't think real estate is a very good investment yet of course the caveat is where and what. I have exposure to oil through private leases and I think gold is far from done. For the most part, I only have gold and silver stock.



To: Seeker of Truth who wrote (70298)1/12/2011 8:52:05 AM
From: elmatador  Respond to of 218072
 
Oil is called Black Gold. Welcome back SoT!



To: Seeker of Truth who wrote (70298)2/2/2011 12:21:58 PM
From: elmatador  Respond to of 218072
 
The amount of money required to keep the Moslem crowds on a leash is huge!
Message 20111199