 |
Martinghoul
Registered: Jan 2009
Posts: 5641 |
08-30-12 10:05 AM
Quote from oilfxpro:
No.If interest rates were 2 to 3 % + . why would anyone want to hold gold which may cost 2 to 3 % for storage?If interest rates go up , gold may see a 40 % correction , but Interest rates may have to go up due to hyper inflation , gold will out perform first.
I guess I can imagine this scenario. How confident are you that this is the way things will unfold? Also given your timeline, I'm gonna have to sell my gold right after it outperforms and before the 40% correction. But if everyone tries to do that, isn't it gonna be a case of everyone rushing for the door all at once? And isn't that exactly what happens with bubbles?
|
| |
|
Edit/Delete • Quote • Complain |
oilfxpro
Registered: Oct 2007
Posts: 1600 |
08-30-12 10:36 AM
Quote from Martinghoul:
I guess I can imagine this scenario. How confident are you that this is the way things will unfold? Also given your timeline, I'm gonna have to sell my gold right after it outperforms and before the 40% correction. But if everyone tries to do that, isn't it gonna be a case of everyone rushing for the door all at once? And isn't that exactly what happens with bubbles?
It isn't really a bubble , cause India and china are huge investors .The growth in these countries will support any pull-backs , so I don't really see a 40 % correction , maybe 20 % correction.
|
| |
|
Edit/Delete • Quote • Complain |
Martinghoul
Registered: Jan 2009
Posts: 5641 |
08-30-12 11:02 AM
Quote from oilfxpro:
It isn't really a bubble , cause India and china are huge investors .The growth in these countries will support any pull-backs , so I don't really see a 40 % correction , maybe 20 % correction.
OKI, I understand...
|
| |
|
Edit/Delete • Quote • Complain |
ronblack
Registered: Oct 2006
Posts: 572 |
08-30-12 06:36 PM
Quote from oilfxpro:
Most of the profits on wall street are not real profits after taking into account money printing inflation , but most profits are from money printing over the last three decades.
This is proof you have never invested money. When you are ready to do that your views will change.
|
| |
|
Edit/Delete • Quote • Complain |
oilfxpro
Registered: Oct 2007
Posts: 1600 |
08-30-12 07:19 PM
Quote from ronblack:
This is proof you have never invested money. When you are ready to do that your views will change.
I got scammed many times by internet bubble and the muppet masters and share rampers.My pep account is halved over last 12 years .
|
| |
|
Edit/Delete • Quote • Complain |
murray t turtle
Registered: Dec 2001
Posts: 6273 |
08-31-12 07:50 PM
Quote from oilfxpro:
Buy new shares from old investors ,on valuations of performance over future years , example dotcom bubble shares ( face book) ......
.The only thing keeping these markets high is the money printing by central banks.
=============
Sounds like you had several good points O Pro
But actually QQQ had some great uptrends and crash bear trend.
Any suggestions for the central banks BRO Ben maybe learning today????? Like em or hate em;
FED has plenty of gold reserves.I would stiil like an audit also
|
| |
|
Edit/Delete • Quote • Complain |
| Receive
an email whenever a new post is added to this thread by subscribing
to it. |
|
|
|
|
