Johnny Retro
Well-Known Member
Cim, nly, pdli, ainv
Best long term investment vehicle for my niece.
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IXOYE
Active Member
Silver and gold coins (US coins pre-1964) and .999 Troy ounce silver tokens. Not only are coins a great gift that mature fast, they're fun and pretty too - a great new hobby for your young niece! The dollar will very SOON no longer be the world's currency, so anyone in paper, cash, banks, pretty much anything but PHYSICAL (hold it in your hand) gold and silver - its a good idea to get out now. I have a few pawn shops that I have relationships with who keep me in great coins and are very knowledgable. Coin shops tend to be rip offs. Also ebay is pretty good - and casino tokens are good buy too. Keep track: http://silverprice.org/
Johnny Retro
Well-Known Member
CNBC is talking about Gold and bonds on the kudlow report. Sayin pretty much exactly what i was sayin earlier. Oh, how ironic lol. Bonds are a sell. Gold are a hold/sell soon. Out of stocks, bonds, or gold they said stocks are the way to go. Especially after the bush tax cut getting extended
NLXSK1
Well-Known Member
Yeah, and what a great job CNBC did of predicting the housing crash... Oh wait...
Johnny Retro
Well-Known Member
LOL, oh boy you guys are a piece of work.
Very few knew that the housing crash was coming. If people would have known, they would have stopped it.
So anything CNBC says is wrong, you say? So back when they were pumping the hell outa gold, they wernt right? Your logic makes lots of sense..
Its not about what you know, its about what OTHER people are thinking. Its kinda like poker.
Very few knew that the housing crash was coming. If people would have known, they would have stopped it.
So anything CNBC says is wrong, you say? So back when they were pumping the hell outa gold, they wernt right? Your logic makes lots of sense..
Its not about what you know, its about what OTHER people are thinking. Its kinda like poker.
NLXSK1
Well-Known Member
No, I am just saying they have a slightly better chance than the average informed person of making the right guess, and it is simply that a guess.
I just bought into the gold sector to about 8% of my portfolio. I have no dog in this fight. If it pops like you say it will then I am gonna make a lot of money. If the dollar tanks then I lose less than I did last time.
I dont believe anyone...
Johnny Retro
Well-Known Member
Ok, well, Im taking the time to inform you all on High yielding dividend stocks. Which even Cramer is pumping.
You can make ALOT of money off of these. Do your own research, but dont say i didnt tell ya so
You can make ALOT of money off of these. Do your own research, but dont say i didnt tell ya so
Gold investors make up less than .1% of Americans. Silver investors make up less than .001% of the population. Compare this to the 48% of Americans that have their money invested in some paper equity. Not even close to a bubble.
If you follow Cramer then you are losing money. If you did what he told you to do last year you lost 35%.This year its looking like he is going to do better with only a 12% loss. Personally this year has been pretty good, one of my stocks is up 2800%, another up 68%, another up 46%. Out of all the stocks I own only 1 has not made money, its still at the same friggin price it was when i got it 6 months ago. Oh Well. My silver is up 400% and my gold is up 130% since purchasing, not bad.
Disclosure: I own gold and silver and am Long Junior silver miners, mostly Canadian ones due to the Carry trade I should enjoy when I sell.
How? By giving every deadbeat and unemployed person enough money to cover all their mortgages? Chaos in the streets if that happened.
Johnny Retro
Well-Known Member
Links?
1. I dont follow anyone but myself
2. YOU are following cramer by investing in gold and silver LOL
3. Paying attention the stocks cramer pumps can make you money. EVERYONE watches that show. Its not about what the markets thinking, its about what the indivudal investors thinking. And the average individual investor will listen to cramer
And yes. Gold was a good play this past year, and it still will be. But the better long term investment IMO is stocks with high dividends. Because your not just sitting on it waiting for it to go up. Your getting a monthly,quarterly, or yearly paycheck which you put back into the market then compound.
If i knew how id be a very rich man
You guys are arguing with someone who does this as a living.
I could talk about the multiple 100%ers 200%ers i come across and play each week in penny land, but hey, im not bragging.
Enjoy sitting on your gold while im sitting on my dividends getting a monthly paycheck...
Johnny Retro
Well-Known Member
Exactly, and money in yours..if you play it right. Thats what kills people. They think Oh cramer said this im holding this foreverrrr!! I use his stocks as a quick flip in and out in less than a week.
You are using Cramer as a Pump and Dump operation. A good strategy actually. And you are right about how many people just want to be told what to buy without having to do any work at all, so they do what Cramer tells them to do and then are surprised when they lose all their money. Sheep are meant to be sheared over and over.
Johnny Retro
Well-Known Member
I do the same with penny stocks. Pink sheets and OTC.BB. pennys are the king of pump and dump. But if you play them right they are soo profitable. But its also very easy to loose all your money
thedoc08
New Member
As far as penny stocks go, without inside advice, it's much more like gambling than investing.
Johnny Retro
Well-Known Member
Yep pennys are one of the most riskiest trades you can make. Its all about finding intraday support and reistance, sales volume, and charts.
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