Jersey: "This is absolute insanity.......Half of the the "experts" are screaming to get out of commodities as quickly as you can while the other half is screaming to get into commodities as quickly as you can."
And you know what is really scary. Both halves are LIKELY correct. I too am bewildered.
Just hang on to your job and to your gold. You may not get rich but you will eat and you will NOT go broke. You could get rich. Maybe not. But at least you will not be broke.
Maybe have BOTH gold and have cash FDIC insured. I have a friend who just bought a 4 year CD at 5% interest. He may be nuts but who knows, maybe I am to think that he is.
This is just a wild time right now. Who knows what the Plunge Protection Team is going to do? You tell me how to plan for NEW regulations, an unknown President in January, both inflation & deflation at the SAME time, and a creative Fed Reserve Chair who likes to print lots of money but does not seem to affect inflation or the M1 money supply. Something is whacky. Are the formulas fudged? It is all very wild and crazy AND unpredictable.
A war in Iran would provide a lot of excuses for a lot of people right now AND make many folks even richer. Hang on it is going to get exciting. You ain't seen nuthin yet.
Investing in Basic Needs: Hedging Your Expenses [View article]
Just hold cash a while longer.
This thing is going down a lot more, then the stocks above will be even better buys.
Get Out of Commodities - Barron's [View article]
"This is absolute insanity.......Half of the the "experts" are screaming to get out of commodities as quickly as you can while the other half is screaming to get into commodities as quickly as you can."
And you know what is really scary. Both halves are LIKELY correct. I too am bewildered.
Just hang on to your job and to your gold. You may not get rich but you will eat and you will NOT go broke. You could get rich. Maybe not. But at least you will not be broke.
Maybe have BOTH gold and have cash FDIC insured. I have a friend who just bought a 4 year CD at 5% interest. He may be nuts but who knows, maybe I am to think that he is.
This is just a wild time right now. Who knows what the Plunge Protection Team is going to do? You tell me how to plan for NEW regulations, an unknown President in January, both inflation & deflation at the SAME time, and a creative Fed Reserve Chair who likes to print lots of money but does not seem to affect inflation or the M1 money supply. Something is whacky. Are the formulas fudged? It is all very wild and crazy AND unpredictable.
A war in Iran would provide a lot of excuses for a lot of people right now AND make many folks even richer. Hang on it is going to get exciting. You ain't seen nuthin yet.