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beepee
why is Ron Paul ignored by your medias.
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Goldsmith
Capitalism and free markets, when left to their own devices, are two of the greatest positive forces this planet has ever seen; however too much regulation and too much government have hindered growth and advancement for the forseeable future.
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Edith GroveQuote
beepee
why is Ron Paul ignored by your medias.
Probably several reasons, but perhaps one is that Paul has no problem with Iran obtaining nukes.
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beepee
Iran has not attacked any country in centuries
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Father Ted
According to British banker Joanathan Davis, all the global banks are insolvent.
Interestingly, he said that the UK did not recover from the 1929 crash until 1954.
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CrissCrossMind
I've been hearing some very scary worldwide talk of the international Economic situation. A friend e-mailed me this first -
Next I Talked to a friend's dad that works at the race horse track in Southern California and he said he was talking to a VERY rich money guy that said we are going into a second, very long, MUCH WORSE recession and we ain't seen "Nothing Yet". It's gonna be bad....
Last on MSNBC this morning there was a guy who studies the nature of recessions and we won't believe what is coming next. He said it's gonna be very big, very bad, very long and there's no stopping it at this point.
ANY ECONOMICS EXPERTS AGREE WITH ALL THIS? IF IT'S TRUE WHAT SHOULD WE DO TO STAY SAFE AND NOT LOOSE OUR MONEY? Any and all advice will be appreciated (NO POLITICS AT ALL PLEASE)
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Edith Grove
...but they do deny the Holocaust and call for the eradication of Israel.
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CrissCrossMind
I've been hearing some very scary worldwide talk of the international Economic situation. A friend e-mailed me this first -
Next I Talked to a friend's dad that works at the race horse track in Southern California and he said he was talking to a VERY rich money guy that said we are going into a second, very long, MUCH WORSE recession and we ain't seen "Nothing Yet". It's gonna be bad....
Last on MSNBC this morning there was a guy who studies the nature of recessions and we won't believe what is coming next. He said it's gonna be very big, very bad, very long and there's no stopping it at this point.
ANY ECONOMICS EXPERTS AGREE WITH ALL THIS? IF IT'S TRUE WHAT SHOULD WE DO TO STAY SAFE AND NOT LOOSE OUR MONEY? Any and all advice will be appreciated (NO POLITICS AT ALL PLEASE)
this guy is a hack...he isn't even an established institutional trader...he's a trickster and a minor day trader that got into the cross hairs of some producer and got air time. He was discredited all over the place....diversify your money....get on a budget....try to keep your job and hope for the best and prepare for the worst.
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SwayStones
US & Israël bashing and bitter remarks from ignorant left-wing people.
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otonneau
JOSEPI: I can't believe that you'd boast of your speculations and consider yourself smart. Even less can I believe it when I read people encouraging speculations in times of recession as if that was a smart thing to do. Get real and responsible! Investing is one thing - i.e. supporting a business you believe will be successful; it's economically healthy; speculation is nothing but gambling and putting everyboduy at risk.
I can't believe anybody today dares present himself as a "trader", meaning by this a pure speculator. Ever heard of producing something, either goods or services? Do you really think toying with numbers is decent work? Get real!
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beepeeQuote
SwayStones
US & Israël bashing and bitter remarks from ignorant left-wing people.
So de Gaulle was left-wing ?
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josepi
yeah, i pretty much agree. however, i would not say so with 100% certainty. economies are driven in part by trust, so as long as enough trust exists then we will weather the storm, who knows how long. maybe long enough to recover, maybe not. unfortunately, dumb, blind trust is about all that's left to save it. it's only holding up now due to the occasional, timely gov't intervention.
More Hot Rocks is correct. by no means would i put all of my money into an rEFT, especially with a buy and hold strategy. but a small percent would reap BIG gains in a crash. i've been trading professionally for a little over two years, and casually since March, 2009. got in right after the lows. turned $10k into almost $300k after taxes. was very lucky. would have made a lot more had i been smart about it. these days, i'm out of the market but watching CNBC all day, every day. i'm by no means one of the big boys, and not one of the best traders around.. but experienced enough to know to stay out right now. all of my money is in US cash and a several ounces of gold - the real stuff, no EFT. started buying gold when i was young, it was around $35/oz back then. have bought several ounces every year since then, up until this year - it's a bubble now... may crash some more.
hard to say what is the best move. everybody is on edge. nothing is safe... not cash, not precious metals.. no one knows for sure. you might look into a hedge fund. everything is a risk. good luck to all, i hope we survive it.
if you're curious.. i bought 3k shr of LVS (Las Vegas Sands) at $1.90/shr in March '09 and sold at $51/shr. later bought 5k shr of JAZZ (Jazz pharmaceutical) at $7.50/shr, sold at $34/shr. had some other good ones, too. those were the best. March '09 was a great time to get in. best decision i ever made.
Do yourself a favour don't buy reverse ETFs. Not when the market goes up, not when it goes down. Read the ESMA report about it.Quote
More Hot Rocks
You can short stocks or buy reverse ETF's in a down market. If the market drops you can make a killing.
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otonneau
JOSEPI, who cares about your IQ? Let me rephrase: you may be smart - but you're short of wisdom. Who cares if you worked all your life? As your fellowman, the only relevant thing for me is whether you've been ethically responsible, a decent member of the community. But someone who believes that life is about taking every break he gets without wondering whether his actions are good or bad is surely not a decent member of any community. Then you sing the chorus "it's a dog-eat-dog world"; fortunately there are others who do not see this as a fatality.
You basically tell me that you're a hard working money grabber who believes that it's every man for himself and you expect me to respect that? Why should I?
In the very old days of Socrates, Plato and Epicurus, these great minds were convinced of one thing: there is no happiness without virtue. I believe in that too. I'd pity the ruthless wolves of our days if they were not dangerous.
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otonneau
JOSEPI, who cares about your IQ? Let me rephrase: you may be smart - but you're short of wisdom. Who cares if you worked all your life? As your fellowman, the only relevant thing for me is whether you've been ethically responsible, a decent member of the community. But someone who believes that life is about taking every break he gets without wondering whether his actions are good or bad is surely not a decent member of any community. Then you sing the chorus "it's a dog-eat-dog world"; fortunately there are others who do not see this as a fatality.
You basically tell me that you're a hard working money grabber who believes that it's every man for himself and you expect me to respect that? Why should I?
In the very old days of Socrates, Plato and Epicurus, these great minds were convinced of one thing: there is no happiness without virtue. I believe in that too. I'd pity the ruthless wolves of our days if they were not dangerous.