I would by bitcoins right now ,maybe not right now, based solely on on the charts. But then again why by something that you can't sell.
this is the same #$%$ you've been saying fir years with all your various I.D.s. I'm going to laugh when this market goes up 1000pt
I can tell by your,ohshizzits, that you don't trade or invest and if you do you're a neophyte and that's ok we're all here to learn something or at least talk some #$%$. So I'm a help you out. If you're trading #$%$ what the fed is doing #$%$ what the markets are doing your only concern should be whats happening in the here and now. If you're investing focus on the company you're investing in how do the fundamentals look, what do the fundamentals of that sector look like, and ask why you're investing in that company is it for income or for growth. To get back to the FED they're going to keep interest rates low for a longtime, while QE is going away along with the adverse effects of it commodity inflation and an increase in the cost of doing business. Now the consumer has grown use to paying inflated price for stuff so as the cost of producing stuff goes down profit margins increase companies make more money the company stock goes higher and you make money.
So ah PUD, how long have you been wanting to #$%$ your sister?
S&P going to lose 30% in 2014 and gold to rise 50% thats funny. If anyone wants to see what a bubble looks like pull up a gold chart look at what gold did from oct 2008 to aug 2011.
I make a living working and trading. I never said gold was going to zero however I do know that gold most likely will not make it back to 1900. If you're going to youtube for your economic news and to get trade ideas then you're a f*cking idiot. If you are going to listen to videos by guys who either work for gold companies or have spent their life savings on gold and silver. Then you're a f*cking idiot. Its in the best interests of the gold company and gold investor to keep you scared. Its in their best interest to keep you thinking everything is going to #$%$. If they don't do this then they don't get your money. If you're not afraid then there is no need for you, gullible mid American, to every give your worthless paper money to these gold companies for their shinny rocks. With that being said the GLD has broken its intermediate and long term downtrend, but it is overbought right now let it come back if you're going to buy use a stop loss and have a profit target. If you think the $2 trillion the reserve banks around the world are going to pump into their economies is going to have an adverse effect on the dollar buy gold bullion not gold coins. Also keep in mind that the S&P 500 is made up of 500 companies if you can't make 20% off of one of those 500 companies in a month then you probably shouldn't be trading.
Honestly its any youtube economist or some guy that bought way to much gold and silver at the top and is trying to get rid of it.
So I was watching this guy on youtube and he says the there will be an economic collapse in Oct. 2014 and that I should buy gold and silver. Now I know what you guys are thinking how could any trust a guy on youtbe. I'll tell yah this guy says he's an economist from a distinguished university and he sources everywhere. He predicted that in Oct. 2012 the economy was going to collapse and would have but his sources in the gov and fed said they didn't want to crash it yet. In Oct. 2013 he said the market where going to implode. That didn't happen because his mole in the NWO an illuminati says they didn't want it to happen yet. I believe his sources are right when they say Oct. 2014 the everything comes to an end and I believe him because a youtube economist.