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A Man of Wealth and Taste
 
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
Geezus you wana talk about fking risk...whew...Everything is a fking risk including CASH...

GOVT Bonds = a NEGATIVE RETURN..

Spoons are the only thing that I have seen in the past 3 years that have minimal risk...a guy dropped 920K into a Colt Walker in oct 08, the day the market dropped a 1000 pts...That is a record for a spoon at auction. I would swear that people would rather have Spoons than cash. All U have to do is watch the auctions..

Gold goes up and down like a yo yo...so at these levels you can drop a bundle real quick and the next day be up real quick. Silver is better if bought around 35 an oz..it is more stable with potential to go higher as Gold goes higher.

I watch all this fking cr@p on a daily basis..

Where to put the real money...Big Cap Stocks that are consumer staples that pay a now healthy dividend..J&J, Coke, 3M, XOM, CVX...Your buying them when the market is soft so you have potential Capital gain and your getting the dividend or income stream if they dip lower so U can wait it out. And if those companies go, well not to worry as nothing will be left standing.

I got a little missive from Mother in Tucson this week, she has connections into the FED and she says we are on the "BRINK"...
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Old 09-02-2011, 05:31 PM
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