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Old March 24th, 2010, 08:40 AM   #21
ScOoTeR
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P.S. The first one of you fuckers that tells me to turn to jesus and he will guide me, I'm going to come to your house and beat you in the head with the crucifix that I pull off your wall.
Outstanding.
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Old March 24th, 2010, 09:19 AM   #22
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I keep thinking that foreign currency is a good bet. I just waited too long and don't have a nice wad of our own currency to make it worth the time to get a foreign currency exchange account opened up.
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Old March 24th, 2010, 09:27 AM   #23
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dana 60's, fab equipment. haven't you ever seen a good end of civilization movie?
those vehicles don't build themselves.
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Old March 24th, 2010, 09:47 AM   #24
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dana 60's, fab equipment. Haven't you ever seen a good end of civilization movie?
Those vehicles don't build themselves.
fj-40.

edit: with a dirt bike hanging off the back.
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Old March 24th, 2010, 09:51 AM   #25
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Bacon.
FTW
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Old March 24th, 2010, 10:54 AM   #26
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I keep thinking that foreign currency is a good bet. I just waited too long and don't have a nice wad of our own currency to make it worth the time to get a foreign currency exchange account opened up.
In what country, China?

European markets are on the verge of failure. Greece, followed by ????????
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Old March 24th, 2010, 10:58 AM   #27
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This is why you have no credibility and nobody takes you seriously.

1st if you where really serious about the market you would never take the advise of a broker. That's a person who wants you to make trades and probably has no investment in the market, he makes money when you change your position.

2nd gold is an option, if you look at gold historically you'll find that in the early 80s gold actually went over $1000.00 an ounce on the futures market, the other thing is when they (brokers and the media) start talking about gold at $2000.00 its a good indication it might be ready to take a shit. Remember when they started talking about $200.00 a barrel oil it fell from $140.00 to under $50.00.

3rd Housing hasn't bottomed but you don't always get the exact low, and it all depends on the reason and type of investment you plan on.

And finally, you never said if I posted a closer skin color to Obama than black.

Like I said, I have money in gold. I do not wish to put any more into it.
Oh please great one, school me on housing/realestate. I so wish I knew more about investment property.
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Old March 24th, 2010, 11:12 AM   #28
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This is something that is really bothering the hell out of me.
I've always done "okay" over the long run with my money. But now I have no idea.

Yes gold is always an option and I have quite a bit in it already, but I don't know what else to do and my broker doesn't seem to confident in much of anything either.

Housing hasn't bottomed yet.
Commercial loans haven't really started yet.
Government flood gates are just starting to open with coming tax increases.
I don't have much of a rosy outlook on things right now.
Educate me: Does owning gold in the commodity market entitle you to the actual gold?

I figured the only way to know you actually owned the gold was to buy bars.
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Old March 24th, 2010, 11:16 AM   #29
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In what country, China?

European markets are on the verge of failure. Greece, followed by ????????
x2

The amount of money the foreign markets have wrapped up into the US means when we go, they go.

Mass chaos.

Mad Max!
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Old March 24th, 2010, 11:23 AM   #30
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Like I said, I have money in gold. I do not wish to put any more into it.
Oh please great one, school me on housing/realestate. I so wish I knew more about investment property.
Not me I stay away from real estate.
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Old March 24th, 2010, 11:31 AM   #31
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Not me I stay away from real estate.
Really???

Wow you really know your stuff.
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Old March 24th, 2010, 11:33 AM   #32
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Educate me: Does owning gold in the commodity market entitle you to the actual gold?

I figured the only way to know you actually owned the gold was to buy bars.
You don't always have actual gold, but you can if you wish.
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Old March 24th, 2010, 11:34 AM   #33
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Educate me: Does owning gold in the commodity market entitle you to the actual gold?

I figured the only way to know you actually owned the gold was to buy bars.
If you buy a product in the futures market you can take delivery of that product when your contract comes due. But you also have to come up with the money, because your playing with normally 10% of the value of the contract. Contracts in gold I think are 100 oz contracts so you would need to come up with around 100,00 per contract to take delivery. I took delivery on 5 contracts of silver a few years ago and just left it in the bank in Chicago for something like $2.00 a month, but silver is 1000 oz contracts.

You can also sell a contract and force delivery to somebody, providing you have the product.

So you can take delivery on a non perishable product and sit on it then when it goes up you can sell a contract on the futures market and force delivery of your product.
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Old March 24th, 2010, 11:36 AM   #34
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Really???

Wow you really know your stuff.
I have bad luck with real estate.
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Old March 24th, 2010, 11:41 AM   #35
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Ammunition.
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Old March 24th, 2010, 12:06 PM   #36
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lets just all chip in and buy one of those homes that is made in a missile silo

http://www.missilebases.com/
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Old March 24th, 2010, 12:47 PM   #37
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Ammunition.
and canned food and shotguns
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Old March 24th, 2010, 01:12 PM   #38
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Old March 24th, 2010, 01:22 PM   #39
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Chineese technology, currency, and gold.....
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