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Dog-faced pony soldier
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
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I think you're right Lube. I'm looking at getting a few ounces to hold in reserve. God knows I'm not going to be putting any $$$ into real estate anytime soon - might as well put it where I'm going to get a decent return.
That said, current stock picks are doing very well although I'm not sure how much of that was wise picks and how much of that was the generally bullish market at the present time. I'm seriously considering some shorts in financials and companies heavily tied to mortgage lending, but I do have real concerns about grandstanding politicians approaching an election year trying something stupid, like a bailout, which could render any gains from such shorts negligable or possibly even result in a loss.
Yes, sadly I really do think our government is that stupid and misguided. I doubt it will REALLY happen and will probably join you in similar short positions but it wouldn't really surprise me if something like a bailout did seriously start getting batted around.
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A car, a 911, a motorbike and a few surfboards
Black Cars Matter
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