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North Spore Shop: North Spore Mushroom Grow Kits & Cultivation Supplies

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OfflineSneezingPenis
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Registered: 01/15/05
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Re: Stock Picks for January 3rd, 2008 - STJ, SGP, CVS [Re: Cowgold] * 1
    #7827460 - 01/03/08 01:23 PM (16 years, 28 days ago)

I am wary of all this push for gold.
sure everyone needs 5% in their portfolio, but even the lamest person knows that you buy low sell high.
gold did this 20+ years ago, and people started gobbling up gold, then it burst and people are still holding onto their gold waiting to break even.
everything works on a sine wave. this year gold will probably plummet and then that is the right time to buy. fuck this 850 an oz shit.


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OfflineSneezingPenis
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Re: Stock Picks for January 3rd, 2008 - STJ, SGP, CVS [Re: geokills] * 1
    #7829938 - 01/03/08 10:17 PM (16 years, 28 days ago)

Quote:

geokills said:
Quote:

YawningAnus said:

I am wary of all this push for gold.



I don't see anyone pushing gold in this thread... though I do agree, that you should have at least part of your assets invested in gold, a gold ETF, or a gold mining company as a hedge against a weakening dollar. It may not make you rich, but it is a form of insurance in the event of the worst case scenario. Do you stop paying your car insurance just because you haven't had an accident in years and therefore your insurance investment hasn't paid off? Probably not. You want it to be there when the shit hits the fan!




lots of infomercials lately about gold kits and stuff, plus lots of radio time being bought up to push buying gold..... I wasnt talking about it being pushed on the shroomery, but the entire american public in general.... especially towards a demographic that isnt business savvy.


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North Spore Shop: North Spore Mushroom Grow Kits & Cultivation Supplies


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