Home › Forums › Financial Markets/Economics › I’m out again
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September 2, 2009 at 7:35 PM #452921September 2, 2009 at 9:35 PM #452175
smshorttimer
ParticipantSteering away from the torturous tax talk (sorry) – my gold/silver interests carried my tiny non-401k portfolio today, which got me thinking. I am fearful of chasing, but do I add more?
It seems like a hardcore goldbug collects gold only to use it to buy bread, clean water and firearms when there are gun-totting robbers terrorizing neighborhoods, when unemployment and inflation are in high double digits.
Doomsday scenarios are not what piques my curiosity about the stuff, but I am still uncertain about the endgame for the non-doomsday gold investor. If, at this point, it’s to simply sell when the magical $2,000 an ounce arrives, what are you getting in return? Worthless greenbacks? Do you sell half your stake and keep the rest just in case the country does its best Zimbabwe impression?
September 2, 2009 at 9:35 PM #452370smshorttimer
ParticipantSteering away from the torturous tax talk (sorry) – my gold/silver interests carried my tiny non-401k portfolio today, which got me thinking. I am fearful of chasing, but do I add more?
It seems like a hardcore goldbug collects gold only to use it to buy bread, clean water and firearms when there are gun-totting robbers terrorizing neighborhoods, when unemployment and inflation are in high double digits.
Doomsday scenarios are not what piques my curiosity about the stuff, but I am still uncertain about the endgame for the non-doomsday gold investor. If, at this point, it’s to simply sell when the magical $2,000 an ounce arrives, what are you getting in return? Worthless greenbacks? Do you sell half your stake and keep the rest just in case the country does its best Zimbabwe impression?
September 2, 2009 at 9:35 PM #452709smshorttimer
ParticipantSteering away from the torturous tax talk (sorry) – my gold/silver interests carried my tiny non-401k portfolio today, which got me thinking. I am fearful of chasing, but do I add more?
It seems like a hardcore goldbug collects gold only to use it to buy bread, clean water and firearms when there are gun-totting robbers terrorizing neighborhoods, when unemployment and inflation are in high double digits.
Doomsday scenarios are not what piques my curiosity about the stuff, but I am still uncertain about the endgame for the non-doomsday gold investor. If, at this point, it’s to simply sell when the magical $2,000 an ounce arrives, what are you getting in return? Worthless greenbacks? Do you sell half your stake and keep the rest just in case the country does its best Zimbabwe impression?
September 2, 2009 at 9:35 PM #452781smshorttimer
ParticipantSteering away from the torturous tax talk (sorry) – my gold/silver interests carried my tiny non-401k portfolio today, which got me thinking. I am fearful of chasing, but do I add more?
It seems like a hardcore goldbug collects gold only to use it to buy bread, clean water and firearms when there are gun-totting robbers terrorizing neighborhoods, when unemployment and inflation are in high double digits.
Doomsday scenarios are not what piques my curiosity about the stuff, but I am still uncertain about the endgame for the non-doomsday gold investor. If, at this point, it’s to simply sell when the magical $2,000 an ounce arrives, what are you getting in return? Worthless greenbacks? Do you sell half your stake and keep the rest just in case the country does its best Zimbabwe impression?
September 2, 2009 at 9:35 PM #452972smshorttimer
ParticipantSteering away from the torturous tax talk (sorry) – my gold/silver interests carried my tiny non-401k portfolio today, which got me thinking. I am fearful of chasing, but do I add more?
It seems like a hardcore goldbug collects gold only to use it to buy bread, clean water and firearms when there are gun-totting robbers terrorizing neighborhoods, when unemployment and inflation are in high double digits.
Doomsday scenarios are not what piques my curiosity about the stuff, but I am still uncertain about the endgame for the non-doomsday gold investor. If, at this point, it’s to simply sell when the magical $2,000 an ounce arrives, what are you getting in return? Worthless greenbacks? Do you sell half your stake and keep the rest just in case the country does its best Zimbabwe impression?
September 16, 2009 at 11:13 AM #457319DataAgent
ParticipantSo sdrealtor… are you back in yet?
September 16, 2009 at 11:13 AM #457513DataAgent
ParticipantSo sdrealtor… are you back in yet?
September 16, 2009 at 11:13 AM #457854DataAgent
ParticipantSo sdrealtor… are you back in yet?
September 16, 2009 at 11:13 AM #457927DataAgent
ParticipantSo sdrealtor… are you back in yet?
September 16, 2009 at 11:13 AM #458114DataAgent
ParticipantSo sdrealtor… are you back in yet?
September 16, 2009 at 1:50 PM #457458sdrealtor
ParticipantStill out. I dont pretend to know whats going to happen. I’m happy with my gains for the year thus far. I’m content to sit on the sidelines and watch for now.
That’s how I roll…….
September 16, 2009 at 1:50 PM #457652sdrealtor
ParticipantStill out. I dont pretend to know whats going to happen. I’m happy with my gains for the year thus far. I’m content to sit on the sidelines and watch for now.
That’s how I roll…….
September 16, 2009 at 1:50 PM #457992sdrealtor
ParticipantStill out. I dont pretend to know whats going to happen. I’m happy with my gains for the year thus far. I’m content to sit on the sidelines and watch for now.
That’s how I roll…….
September 16, 2009 at 1:50 PM #458064sdrealtor
ParticipantStill out. I dont pretend to know whats going to happen. I’m happy with my gains for the year thus far. I’m content to sit on the sidelines and watch for now.
That’s how I roll…….
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