- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: I got out of equities on Thursday because of advice from someone I respect
Posted on 6/4/11 at 4:51 pm to LSU0358
Posted on 6/4/11 at 4:51 pm to LSU0358
quote:The S&P VIX is still much too low. It's got to get to at least the mid-30's before the fear factor becomes investable for an "all-in" basis.
They were in border line histerics on many news shows and I haven't seen a positive article in a week and a half. I went in long on S&P's late last week.
1
Posted on 6/4/11 at 7:27 pm to LSURussian
At a major bottom I agree. I wouldn't call this a major bottom (if this is indeed the bottom) but more of a medium term bottom.
Posted on 6/5/11 at 7:05 am to Broke
quote:
Hunh? It's been 5 straight weeks of decline for the S&P 500......I sold 4 weeks ago. Moved everything into Govt. backed securities. Expect the market to be flat at best over the next 2 months.....downside risk is much greater than upside, at the moment.
Yea, this thread is several weeks old.
I sold about 3.5 weeks ago. About a week after my buddy told me to sell.
Check the date stamp on my 1st post.
The Dow has dropped about 500 points since I started this thread.
He told me to get in Late Jan 09 which was practically the bottom, and told me to get out 4 weeks ago.
Posted on 6/5/11 at 8:53 am to Baylor
quote:
He told me to get in Late Jan 09 which was practically the bottom, and told me to get out 4 weeks ago.
The bottom was March 9, 2009. He was a bit early, but very few can time it perfectly.
Posted on 6/5/11 at 12:55 pm to Blakely Bimbo
Close enough for government work.
Both of those are very impressive.
Both of those are very impressive.
Posted on 6/5/11 at 3:40 pm to Baylor
How about this one for a good reason?
Fiat currencies have always failed.
The Fed is purposely printed money not worth the paper it is not written on. Inflation is here and not leaving anytime soon. The US dollar is going to be a thing of the past.
China just dumped 97% of its short US Bonds. We have to pay them 1.5 trillion in a year on renewals.
Fiat currencies have always failed.
The Fed is purposely printed money not worth the paper it is not written on. Inflation is here and not leaving anytime soon. The US dollar is going to be a thing of the past.
China just dumped 97% of its short US Bonds. We have to pay them 1.5 trillion in a year on renewals.
Posted on 6/5/11 at 3:40 pm to Baylor
How about this one for a good reason?
Fiat currencies have always failed.
The Fed is purposely printed money not worth the paper it is not written on. Inflation is here and not leaving anytime soon. The US dollar is going to be a thing of the past.
China just dumped 97% of its short US Bonds. We have to pay them 1.5 trillion in a year on renewals.
Fiat currencies have always failed.
The Fed is purposely printed money not worth the paper it is not written on. Inflation is here and not leaving anytime soon. The US dollar is going to be a thing of the past.
China just dumped 97% of its short US Bonds. We have to pay them 1.5 trillion in a year on renewals.
Posted on 6/5/11 at 4:05 pm to Paulu
As if one copy of that shitty post wasn't enough.
Posted on 6/5/11 at 4:48 pm to TheHiddenFlask
quote:
As if one copy of that shitty post wasn't enough.
Fo real
Posted on 6/5/11 at 6:57 pm to TheHiddenFlask
Keep your investments in the market and the US bond. Let me know where you stand on the welfare line in 10 years.
Posted on 6/5/11 at 8:39 pm to Paulu
I have a feeling you're a fan of gold.
Posted on 6/5/11 at 11:30 pm to kfizzle85
I have a feeling he can't tell me why a global bond index is inferior to gold either.
These types are literally the dumbest people I have ever met, but they are always the ones calling someone else an idiot.
These types are literally the dumbest people I have ever met, but they are always the ones calling someone else an idiot.
Posted on 6/6/11 at 5:58 am to TheHiddenFlask
Sure - what backs a global bond index? The faith on the country(s) to pay?
Never said you were an idiot but if you actually believe in the good faith and credit of the current US monetary system, I would suggest you think about what happens when China dumps our long term bonds and the QE BS is buying all of its own debt.
Gold - expensive. However, do you ever wonder why the creditor nations are buying gold and silver big time? Think they may be setting up to dump the dollar as a reserve currency and go back to a monetary system backed by something other than toilet paper?
Never said you were an idiot but if you actually believe in the good faith and credit of the current US monetary system, I would suggest you think about what happens when China dumps our long term bonds and the QE BS is buying all of its own debt.
Gold - expensive. However, do you ever wonder why the creditor nations are buying gold and silver big time? Think they may be setting up to dump the dollar as a reserve currency and go back to a monetary system backed by something other than toilet paper?
Posted on 6/6/11 at 9:02 am to Paulu
quote:No major economy can return to the gold standard to back its currency. There is not enough gold in the world to back the amount of major economies' monetary base. It's simple math.
Think they may be setting up to dump the dollar as a reserve currency and go back to a monetary system backed by something other than toilet paper?
Posted on 6/6/11 at 9:18 am to Baylor
strong growth in money supply which is up 10%. When QE1 ended last yr, MZM was contracting with a negative growth rate. Strong growth rate is typically supportive for stock prices.
Also, Presidential Cycle Year 3 June-Aug avgs 4.3%...just saying you may want to play a summer rally.
Also, Presidential Cycle Year 3 June-Aug avgs 4.3%...just saying you may want to play a summer rally.
Posted on 6/6/11 at 9:25 am to LSU0358
quote:
gold skyrocketing
I exited my gold shorts...not looking like it's ready to drop yet. Still long S&P's.
Posted on 6/6/11 at 10:27 am to LSU0358
quote:
I exited my gold shorts...not looking like it's ready to drop yet.
Here is an article this morning on Soros selling his gold in the first quarter of this year, fwiw.
Sold $800 million in 1st QTR. Thinks gold bubble is near bursting.
Posted on 6/6/11 at 12:39 pm to LSURussian
Good point - US would have to raise Gold to $40k/oz to catch up to the dollar inventory. Plausible if we have hyperinflation.
Posted on 6/6/11 at 12:47 pm to Paulu
quote:I don't know if that figure is near correct, but my question to you is, in your opinion, does the U.S. government set the price of gold as your post seems to suggest?
US would have to raise Gold to $40k/oz to catch up to the dollar inventory.
Posted on 6/6/11 at 2:43 pm to LSURussian
quote:
No major economy can return to the gold standard to back its currency.
The only way it would be possible is fractional backing (now as to what fraction, who knows). I don't think it's likely to happen in either respect, but if it did, it would have to be fractional.
Page 3 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News