• Invest in metals and oil.
    57 replies, posted
FP I come to you to share because I am really enthusiastic about investing at the moment. With all the "GOLD4CASH" and people trying to scam you into giving up your gold I felt I should warn. Warren Buffet comes out and says "Oh yes, sell your gold, gold is dropping sell it now" to create a fake urgency, causing many of the misinformed and stupid to go and do so. 1 week after saying this Buffet goes and buys $2 billion in gold bullion for cheap from the fake gold sell he caused. Gold isn't going down. Gold is going to be the next means of currency. With the US in over a Trillion dollars in debt countries are already pulling out in the US; goods wise and stock wise. China is pulling out, Russia is pulling out, Japan is pulling out. They are bracing for what is coming. The USD is teetering on the verge of collapse. Don't trust your currency. Paper money is worthless without something to back it up. It is just cotton. The UN wants to create a "globally" taken currency to replace the USD on the stock exchange. In December 1990 the POG was $391. In July 2006 the POG was $751. Currently today the POG is around $1121. Golds worth is increasing and it is accelerating significantly. In the course of 16 years from 1990 to 2006 POG increased $360. In only 4 years from 2006 to 2010 the POG increased $370. The time it took to reach that has cut 75%. If this speed continues in only 2 years gold will go up another $350(ish) and so on. It is projected within the next 10 years gold will reach $4000 an ounce quadrupling its current value. Gold is going up and it is not stopping. Gold will never crash, it simply is not possible. Oil is currently in a dip. It has declined since last summer and now is the time to buy. By this September oil will be up.Oil companies are going to squeeze the hose and create a bottleneck. Oil is projected to be up to almost $200 a barrel by the end of 2010. Here in Canada at that price it would cost you almost $4 per L rather then the $0.92 per L it does now. If any conflict or war breaks out, the price of oil will sky rocket. If Iran decides to launch a nuclear warhead and it lands on Israel, oil will soar. If this happens millionares, even billionares will be made overnight. You can make money investing now for the long run. Warren Buffet recently starting railway operations investing $30 billion into construction. Railways carry goods. You might say, "oh well why use rail? That stuff in the past, we use trucks now." With $30 billion he could buy every trucking company in the US. He sees what is coming with oil. To run trucks it costs significantly more due to the gas involved. When oil rises these trucking companies (FedEx,etc) will be on the verge of death because they will not be able to cope with the cost of gas. Rail will become the dominate form of transporting goods. The stock market is corrupt and rotten at it's core, but 1 citizen can do NOTHING to change or stop it. It is better to play along then try to resist. Play their game, and be good at it. Beat THEM at it. probably a few spelling errors above, sue me. Feel free to criticise. Gathering sources: UN global currency [url]http://www.cbsnews.com/8301-504383_162-5298305-504383.html[/url] [url]http://education.wallstreetsurvivor.com/UN-World-currency-Oro-Gold[/url] [url]http://www.telegraph.co.uk/finance/currency/6152204/UN-wants-new-global-currency-to-replace-dollar.html[/url] Gold speedracer: [url]http://moneymorning.com/2010/01/14/gold-superspike/[/url] http://www.stockhouse.com/Columnists/2010/Jan/16/Five-reasons-gold-price-will-hit-$5,000 http://news.webcastr.com/articles-ID-73430-title-five-reasons-gold-price-will-hit-$5000.html barrels O' oil: [url]http://economictimes.indiatimes.com/opinion/columnists/swaminathan-s-a-aiyar/Start-preparing-for-oil-at-200-a-barrel/articleshow/5543570.cms[/url] [url]http://articles.moneycentral.msn.com/Investing/JubaksJournal/will-oil-hit-200-dollars-after-all.aspx[/url] [url]http://blogs.timesofindia.indiatimes.com/Swaminomics/entry/start-preparing-for-oil-at[/url]
I'm criticizing your crazy half-baked "USD GONNA COLLAPSE OIL GONNA GO UP BUY METALS AND OIL" conspiracy theory just on the basic crazy premise of it. Also, the price of gold would crash really fast if a lot more of it hit the market, or people just started selling it. Also, [b]SOURCES![/b] Back up your claim that gold is going to hit $4k in 10 years. Back up your claim that the UN wants a global currency. That's a completely batshit idea with no chance of happening. Who in their right mind would want to tie the world's strongest currencies (GBP, Euro, USD) to something like Zimbabwe dollars? Go back to Freep or Rapture Ready.
They'll probably just make electric cars. Also, you can synthesize gasoline, it's not cheap, but it can be done.
I'm investing in NABISCO snacks and Taco Bell for when we finally legalize weed.
[QUOTE=PrismatexV8;20919838]I'm criticizing your crazy half-baked "USD GONNA COLLAPSE OIL GONNA GO UP BUY METALS AND OIL" conspiracy theory just on the basic crazy premise of it. Also, the price of gold would crash really fast if a lot more of it hit the market, or people just started selling it.[/QUOTE] Gold won't be hitting the market. The average person cannot afford to buy gold. The elite can. And yes you are right. The price of gold did dip slightly with all the "SELL YOUR GOLD CASH IN NOW" hysteria. People took advantage of this dip in the price and bought large and rode the rollercoaster
[QUOTE=BANNED USER;20919889]I'm investing in NABISCO snacks and Taco Bell for when we finally legalize weed.[/QUOTE] Prepare for your share prices to drop when that never happens
[QUOTE=Aman V;20919903]Gold won't be hitting the market. The average person cannot afford to buy gold. The elite can. And yes you are right. The price of gold did drop with all the "SELL YOUR GOLD CASH IN NOW" hysteria. People took advantage of this dip in the price and bought large and road the rollercoaster[/QUOTE] You sound pretty crazy; like, "ZOMG ILLUMINATI" crazy.
[QUOTE=PrismatexV8;20919838] Back up your claim that gold is going to hit $4k in 10 years. Back up your claim that the UN wants a global currency. That's a completely batshit idea with no chance of happening. Who in their right mind would want to tie the world's strongest currencies (GBP, Euro, USD) to something like Zimbabwe dollars? Go back to Freep or Rapture Ready.[/QUOTE] [B]EDIT:[/B] nevermind found some of the sources on my own.
[QUOTE=PrismatexV8;20919838] Also, the price of gold would crash really fast if a lot more of it hit the market, or people just started selling it.[/QUOTE] Gold is still rare as fuck., the price will stay high. IRC all of the worlds Gold molten into one cube would fit under the base of the Eiffel Tower. [img]http://k43.pbase.com/u48/boucher/large/35521162.IMG_4006b.jpg[/img] Not a lot. At least not enough to cause a significant price drop, regarding how most of it is distributed in extremely small amounts.
[QUOTE=Aman V;20919925]Yeah I know I gotta get sources. I got these off of my stocks professor so I'll will get the sources off of him tomorrow. Brace with me for now.[/QUOTE] Where is said professor? He sounds like he might have forgotten to take his meds today.
[QUOTE=PrismatexV8;20919946]Where is said professor? He sounds like he might have forgotten to take his meds today.[/QUOTE] Ontario, Canada. And no. I'd trust him more then anything. In a single day he made $20,000 on the stock market, and currently has almost $400,000 in stocks. I take his word. He's been trading since he was 18 and he is something like 38 I think now. Don't know his exact age.
[QUOTE=PrismatexV8;20919946]Where is said professor? He sounds like he might have forgotten to take his meds today.[/QUOTE] Why is that? So gold and oil would be a bad investments?
[QUOTE=wildwill;20920111]Why is that? So gold and oil would be a bad investments?[/QUOTE] OP's post is based on conspiracy theory material.
[QUOTE=PrismatexV8;20920125]OP's post is based on conspiracy theory material.[/QUOTE] No it isn't. Based on solid facts. Please elaborate why investing in gold or oil would be a negative. Just because something sounds crazy(this isn't even that crazy in the first place) doesn't mean you dismiss it right away.
[url]http://www.catsforgold.com/[/url]
[QUOTE=PrismatexV8;20920125]OP's post is based on conspiracy theory material.[/QUOTE] Conspiracy, aka someones opinion on what might have happened/might be.
Op's post is based on realistic observations of the stock exchange.
Doesn't seem crazy at all to me. Check the value of the dollar vs. gold over the last 200 years. And just look at all those Chinese people that are going to be buying cars to ride all over their huge highways. Where will they get their gas? I'd say that much of this is going to come to pass, not over night but in fairly short order.
[QUOTE=Keeshond dog;20920254]Op's post is based on realistic observations of the stock exchange.[/QUOTE] I can't tell if your with me, or being sarcastic. Fuck.
i bought some gold but then the new world order came and took it away
Diversify, don't put all your eggs in one golden basket.
[QUOTE=Haiduc21;20920379]Diversify, don't put all your eggs in one golden basket.[/QUOTE] Correct. Obviously I'm not saying "gold and oil only, go go go" but as it is now it is a prime time to get into it before it expands to the point it's out of your league
[QUOTE=BimBamBape;20919905]Prepare for your share prices to drop when that never happens[/QUOTE] It's not like people are fat and are purchasing more and more processed and fast foods or anything. And it's not like marijuana is already decriminalized in some parts of North America or anything. /poorsarcasm.
[QUOTE=Billiam;20920434]It's not like people are fat and are purchasing more and more processed and fast foods or anything. And it's not like marijuana is already decriminalized in some parts of North America or anything. /poorsarcasm.[/QUOTE] I would agree with you heartily if it wasn't for the fact that the only way I see pot getting legalized nationally is through nothing short of a revolution. There are absurd amounts of money put into keeping it illegal from the powers that be. Back on topic though, the OP is correct. Gold WILL only to increase in value exponentially as the value of the dollar decreases. If you look at the value of the dollar and gold they almost perfectly are polar opposite of one another. Since we created the federal reserve in 1915 the dollar has lost 95% of its purchasing power. That's why we're seeing gold become so damn valuable, the paper used to buy it is becoming more and more worthless.
[QUOTE=ShukaidoX;20920656]I would agree with you heartily if it wasn't for the fact that the only way I see pot getting legalized nationally is through nothing short of a revolution. There are absurd amounts of money put into keeping it illegal from the powers that be.[/QUOTE] Off topic, but in Canada we were pretty close. It got to the last stage of passing the bill but then our george bush of a PM canned it.
[QUOTE=Aman V;20920715]Off topic, but in Canada we were pretty close. It got to the last stage of passing the bill but then our george bush off a PM canned it.[/QUOTE] Pretty much due in part to the fact that America has pretty much made Canada its bitch. At least politically speaking.
have you been to the future?
[QUOTE=adamater;20920780]have you been to the future?[/QUOTE] i have seen the future and no one was spared, not even the women and children :ohdear:
[QUOTE=adamater;20920780]have you been to the future?[/QUOTE] I think he has Doc
[QUOTE=ShukaidoX;20920878]i have seen the future and no one was spared, not even the women and children :ohdear:[/QUOTE] Also Arnold Schwarzenegger.
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