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The US's economy.

Discussion in Everything & Anything started by Taters, Nov 12, 2009

  1. Mar 12, 2008
    Since the dollar has a pretty bleak future, and Nobama has raised taxes to cover the deficit, I am interested in a gold investment. The price per ounce is expected to shoot through the roof, almost an expected $3k-4k+/oz. in the coming years.

    Coins I heard are pretty consistent but i WOULD like to own a few shiny gold bars :grin:

    stock markets sound fun too. though if i get too crazy with it, i don't want the investment to tank.

    if anyone has some insight on these topics, respond please...i don't want my hard-minimum wage labor to go to waste.

    edit: Srs replies only, gents.
  2. Oct 22, 2007
    not a bad idea considering the dollar is falling due to them printing it like hell to pay for everything. Making it to where you get payed the same but things go up in price and basically we pay extra for fail ideas they have. Probably would go gold, basically what china is doing. They are going hard on things like that and dumping us cash.
  3. Sep 21, 2008
    made more money during this "depression" than any other time. companies were devalued a few months back and right now they are fluctuating but the tech sector is mostly back on its feet, and that's where I made my money. you can day trade if you know what shit is worth like companies via charts but I personally wouldn't touch gold just like I wouldn't touch a 500lb chick.
  4. Mar 12, 2008
    Touching on this idea, I heard on the radio last night that if china upped their taxes or something to the same rate we have, gold could rise as much as $6k an ounce. that its damn impressive, and considering its possibly in the future, that's why im considering a gold investment. my uncle knows a lot about this kind of thing so i can ask him for pointers if necessary.

    Yeah, I was a bit worried about trying to buy company stock, because it is pretty low per share right now since we're still recovering from that mini-recess. if the company gets back on its feet, then i could make a tidy profit. but that's not in the near future from what i can see.

    just don't want to buy up a lot of low stock then have to worry about making less. in other words, i'd have a better chance of winning something in the lottery right now :razz: at least my company. Still interested in any other info you've got. im leaning more towards stocks since it's pretty straightforward. seems easy to learn too, and Gold coin investment is after i speak to my uncle so i know what im getting into, lol.
  5. Sep 21, 2008
    if you are looking for specific stock tickers, at the moment I am not 100% sure because even though there are many good deals out there, most of them I am not comfortable buying. The tech sector i heavily invested in several months back is now in my opinion overpriced so I am actually doing research atm to find some new companies which I will be able to invest in and sleep well at night.
  6. Feb 21, 2007
    buy prostitutes, they have a bigger return for your investment
  7. Aug 8, 2009
    cocaine is a 1700% profit business :grin: grow some coca plants :grin:
  8. Sep 21, 2008
    Very true. I'll buy up those next.