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-   -   U.S Government Debt Crisis !!! (https://www.revscene.net/forums/649708-u-s-government-debt-crisis.html)

unit 08-08-2011 08:41 AM

stay liquid boys

Jermyzy 08-08-2011 09:05 AM

Good time to buy in or wait a few more days?

I bought in last friday, but still have some cash

unit 08-08-2011 09:09 AM

unless you're talking about gold, its a terrible time to buy in.
shit storm is still happening.. wait until the dust settles a bit.

Jermyzy 08-08-2011 09:31 AM

^Okie doke, will keep an eye on some stocks for now then

TouringTeg 08-08-2011 10:32 AM

Agree. I am getting prepared to jump. Look at it this way... everything is on sale at least 10% compared to two weeks ago.

Hehe 08-08-2011 11:51 AM

I think the key is volume... now we are having a stock market that crashes with unusual level of volumes... when the volume starts to ease off, it should be a sign that the whole thing is settling down.

SiRV 08-08-2011 12:49 PM

for those of you that don't know, we actually have a huge dedicated stock market thread, might be a good time to all chime in with input for good buys in the coming days

http://www.revscene.net/forums/37482...hread-195.html

2damaxmr2 08-08-2011 02:37 PM

I already invested 2k into ammunition. I am pretty happy with the investment.

Manic! 08-08-2011 06:24 PM

Buy low sell high.

Thats the most basic investing principle.

Gold is basically at an all time high. Stocks prices are tumbling. Now what should you be buying gold or stocks.

unit 08-08-2011 07:34 PM

I hope nobody listened to you when you might have said the same thing about gold 10 years ago.

Manic! 08-08-2011 08:05 PM

Quote:

Originally Posted by unit (Post 7538842)
I hope nobody listened to you when you might have said the same thing about gold 10 years ago.

All I here is people on TV saying buy gold!!! buy gold!!! buy gold!!!

In the 90's everyone was saying Tech!!! Tech!!! Tech!!!

Give me one good reason why Apple stocks are going down in price when they are making huge profits?


How high do you thing gold prices will go? Sooner or later it will have to stop going up because people will just not be able to afford it.

unit 08-08-2011 11:36 PM

apple stocks arent really going down at all.
take a look at the 5yr chart. it only dips when the whole economy is in recession.
dips at the end of 2008, and again just this month

gold will continue to climb. who knows how fast, but 2000/oz in the next 6 months would not surprise me. /shrugs

Manic! 08-09-2011 01:08 AM

Quote:

Originally Posted by unit (Post 7539154)
apple stocks arent really going down at all.
take a look at the 5yr chart. it only dips when the whole economy is in recession.
dips at the end of 2008, and again just this month

gold will continue to climb. who knows how fast, but 2000/oz in the next 6 months would not surprise me. /shrugs


And you buy at the dips. Apples 52 week high is $404.50. Right now it's $353.21. I don't think it's on a permanent slide. Exxon is also down $18 from it's 52 week high. Both solid companies.

goo3 08-09-2011 03:56 AM

Quote:

Originally Posted by TheNewGirl (Post 7538102)
How much is owed to China? I know it's over a trillion but now how much.

This is an insane amount of debt though.

Not that much more than to Japan.

The_Biggest_Holders_of_US_Government_Debt

unit 08-09-2011 07:59 AM

^^
I have to disagree. you can't wait for a recession every time you buy a stock.

Manic! 08-09-2011 01:11 PM

Quote:

Originally Posted by unit (Post 7539361)
^^
I have to disagree. you can't wait for a recession every time you buy a stock.

You can't but following the crowd is never a good idea. Everyone is now buying gold and most have no idea of what they are doing and that's never good. Apple stock price is up $20 from yesterday.

Graeme S 08-09-2011 01:32 PM

This discussion kind of reminds me of a conversation by goth kids.

"I'm a non-conformist."
"Yeah, well I'm more nonconformist than you!"
"I'm so nonconformist, I'm gonna conform."

The issue with stock investing is doing what everyone else does, but doing it before anyone else realizes it's a good idea. This often means acting without full or even sufficient information (unless you are a professional investor) and hoping that it works out. Don't buy stocks because they're cheap. Buy them because they will perform well in the future relative to what you are paying for them. And if you're planning on selling them in order to cash in, make sure that you're gonna have a wide window for sales.

tool001 08-09-2011 09:47 PM

i was gonna jump into gold when it went down to 1485..but didnt ,, i bought some at 1650... holding for a long time...

once euro zone countries start defaulting. (and they will,just matter of time) watch gold jump..

markets are very volatile, people buy gold due to stability.

trip 08-09-2011 10:18 PM

i bought 5 oz at around 850$

sold 4 at about 1300

now im face palming

Manic! 08-09-2011 10:20 PM

Quote:

Originally Posted by trip (Post 7540294)
i bought 5 oz at around 850$

sold 4 at about 1300

now im face palming

You can never go broke making a profit.

iEatClams 08-09-2011 10:43 PM

Quote:

Originally Posted by Manic! (Post 7538878)
All I here is people on TV saying buy gold!!! buy gold!!! buy gold!!!

In the 90's everyone was saying Tech!!! Tech!!! Tech!!!

Give me one good reason why Apple stocks are going down in price when they are making huge profits?


How high do you thing gold prices will go? Sooner or later it will have to stop going up because people will just not be able to afford it.

theres something called fundamentals. sometimes share prices are high for a reason, as long as it has good fundamentals and growth, the stock can continue to go up.

If you were to buy Google when it came out at $100/share, it climbed to $200. you doubled your money, you sold it to some other guy who bought it at $200, the stock kept going up to $700before it started to drop. . ., if he sold it then, he would have made much money money than you.

Theres also examples of a people buying a certain stock because they thought the price was "low" or the stock was "cheap". sometimes the stock prices are low for a reason. and these companies stock kept going lower and lower.

You don't buy low, sell high.

you buy stocks to sell at a higher price - or their dividends.

low and high is all relative and subjective. one can say you can buy high, sell higher. the person that sold google at $200 may think it was high, but the person who bought google at $200 might have said it was "cheap".

Vale46Rossi 08-10-2011 08:58 PM




:D

El Bastardo 08-11-2011 07:08 PM

Quote:

Originally Posted by goo3 (Post 7539292)
Not that much more than to Japan.

The_Biggest_Holders_of_US_Government_Debt


http://i.imgur.com/2KAMc.gif

Razor Ramon HG 08-11-2011 07:46 PM

If a economic collapse occurs, what can we do here to minimize the effects for ourselves and our family?

RRxtar 08-11-2011 08:24 PM

get out of debt


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