Any Savvy Investors?

[pstall]

somethings up. i had a buddy who has ZERO clue email me last night. his first statement was i have X dollars to invest and I don't know much about investing. Then the dude goes into great detail how he wants to invest in the EURO and the dollar is weak and look at Germany.

NOT A GOOD SIGN AT ALL. You have been warned! And no this isn't hyperbole.

[pstall]

i know a guy (much smarter than me) who just turned $25k into $100k+ with gold stocks and REMs.

is it sheltered or exposed?

[mmmbeans]

which part isn't a good sign?

[pstall]

which part isn't a good sign?

that a friend who i rarely hear from, suddenly has great interest to dump tons of his money into something like currency that he is clueless about. that is the bad sign.

[Jase]

This is pstalls way of saying possible deflationary crash ahead.

Can't say I disagree.

[CLTPanther]

Everything has been inflated by cheap dollars over the last 30 years. At some point there will be a very larger correction in everything from commodities to equities to bonds, but who knows when it will happen. My guess is the dollar will fail as most fiat currencies do at some point and we will move to a one world currency. That may be 20-30 years away, but I feel it will have to happen at some point and a lot of central banks are already screaming for it. One thing that does worry me is this stupid currency war going on. I guess they didn't read their history from the '30s.

[pstall]

Everything has been inflated by cheap dollars over the last 30 years. At some point there will be a very larger correction in everything from commodities to equities to bonds, but who knows when it will happen. My guess is the dollar will fail as most fiat currencies do at some point and we will move to a one world currency. That may be 20-30 years away, but I feel it will have to happen at some point and a lot of central banks are already screaming for it. One thing that does worry me is this stupid currency war going on. I guess they didn't read their history from the '30s.

umm, random articles and teh web is not ample homework Mr.Trump. :troll:

[CLTPanther]

It's not, is from studying economics.

[pstall]

It's not, is from studying economics.

even worse

[CLTPanther]

I agree it's worse when you actually know what's really going on, especially if you have kids.

[pstall]

my sentiments exactly

[CLTPanther]

Hmm Pimco just said "no comment" when asked about Bank of America mortgage repuchases. Rut ro Shaggy

[TarPanther9180]

I just invest in scratch off lottery tickets.

[pstall]

watch brand new spinoffs that have golden access to "invest" in all the foreclosed homes. hmmm