coaster
Senior Advisor

Cash: $ 1357.80
Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin |
OK, thanks, but getting stuck and figuring out how to get unstuck is how I learn.
I get stuck an awful lot.
~Tim~
Eye Candy : Why Whimsy
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Mon Aug 29, 2011 5:55 am |
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LottomagicZ4941
Senior Member
Cash: $ 7.91
Posts: 2511
Joined: 02 Dec 2004
Location: Earth |
quote: Originally posted by coaster Well, that would be up to admin, but my own opinion is there are other sites that do a much better job at tutoring than we could do here. This is an opinion site, and I hope everybody understands that.
MySQL - mostly I'm using phpMyAdmin. I also use Navicat Lite; it's a little easier to use. But to get the same functionality as phpMyAdmin I'd have to buy the full-feature premium version. After the databases are all set up, I'll write a series of php scripts to do what the VBA macros did in Exel.
Yea but we do want most of the opinion to be some what factual.
Gold is likely to continue it's 2000+ year bubble. When the market tanked in 07/08 I had wished that I had put 10% in gold like some experts recommended.
Next time I see that I have stuff up 44% perhaps I'll actually move some to gold.
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Sun Sep 18, 2011 3:09 pm |
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coaster
Senior Advisor

Cash: $ 1357.80
Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin |
quote: Originally posted by LottomagicZ4941 Yea but we do want most of the opinion to be some what factual..
Unfortunately about 95% of the stuff on the internet is not strictly factual.
I was once involved in the start-up of a new company. The company eventually was aquired. There are numerous sites where the history of this company is detailed. Not one of them has it correct. I was there; I know. Even the company's official site had it wrong.
The internet should not be considered to be factual. The best that can be said it that what is presented as fact (such as Wikipedia) should be considered to be fact seen from point-of-view. In other words; mostly opinion.
~Tim~
Eye Candy : Why Whimsy
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Sun Sep 18, 2011 4:18 pm |
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payment proof
Senior Member
Cash: $ 196.85
Posts: 1013
Joined: 16 Jan 2011
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Agreed. While there is a lot of reliable information on the Internet, there is also a lot of misinformation.
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Fri Oct 07, 2011 2:49 pm |
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Halfdantimm
New Member
Cash: $ 0.80
Posts: 4
Joined: 08 Oct 2011
Location: Denmark |
Honestly, it's about time for gold to plombet. It cant be a shelter for investors all around the world for ever.
Debt - National debt history
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Sat Oct 08, 2011 2:59 pm |
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Offshore-Wealth.com
Senior Member

Cash: $ 4.45
Posts: 435
Joined: 20 Jul 2005
Location: FREEDOMLAND |
| GOLD BUBBLE STOCK BUBBLE REAL ESTATE BUBBLE and ECONOMICS |
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Everything has a bubble, nothing new about this, but like them all, they make a comeback eventually. Whether the current gold bubble is real or not, I doubt it, I expect gold to be the safe bet in all economic collapses, and we are facing a doozy as I see it, so I will hang onto my gold over 90% of the stocks out there.
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Sat Oct 08, 2011 7:53 pm |
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payment proof
Senior Member
Cash: $ 196.85
Posts: 1013
Joined: 16 Jan 2011
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quote: Originally posted by Halfdantimm Honestly, it's about time for gold to plombet. It cant be a shelter for investors all around the world for ever.
Gold may pull back from it's current high, but I can't see it plummeting.
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Mon Oct 10, 2011 12:17 am |
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leo
Member
Cash: $ 0.35
Posts: 16
Joined: 07 Oct 2011
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Gold has been embraced as the most valuable form of currency since ancient times and it has been widely used in numerous nations. Even if the price plummets, there is no reason why people would sell them too.
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Mon Oct 10, 2011 4:07 am |
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mahihastings
New Member
Cash: $ 1.45
Posts: 7
Joined: 16 Oct 2011
Location: Cambridge, MA |
| Gold bubble popped? |
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I still don't understand where Gold gets its value from. It is just 'perceived value', isn't it? What practical use does it have apart from industrial uses? It is no use to general public except its use in jewellery (which isn't exactly a use but a waste). It is destined to pop some day and be replaced by something more universally valuable. What do you think?
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Sun Oct 16, 2011 7:28 am |
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coaster
Senior Advisor

Cash: $ 1357.80
Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin |
| Re: Gold bubble popped? |
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quote: Originally posted by mahihastings I still don't understand where Gold gets its value from..... . It is destined to pop some day and be replaced by something more universally valuable. What do you think?
Well, if you can come up with something else that's got about a six-thousand-year track record of something that doesn't have the problems you seem to attach to gold. Diamonds? Inexhaustible supply, artificially-maintained price by keeping product off the market, is not divisible, can be manufactured from abundant carbon. What else? Hmmmm......ivory?? Nope.....involves killing mammals. Hmmm.....Wheat?? Doesn't have the problems diamond has. But is rather bulky for the value. Fill up the dump truck when you go to the market. At least you don't have to buy baked goods. Oh, I've got it......Paper!! Printed with pretty little pictures, letters and numbers!! Now that's really worth something!! Because it's MONEY!! The bigger the number on the paper the more it's worth!! The government says it's worth something, so it MUST BE!!! The government is NEVER WRONG!!!
I think you catch the drift.......
~Tim~
Eye Candy : Why Whimsy
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Mon Oct 17, 2011 7:17 am |
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payment proof
Senior Member
Cash: $ 196.85
Posts: 1013
Joined: 16 Jan 2011
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Yeah. The Government said No Taxes without Representation. In 1817, Congress did away with all internal taxes, relying on tariffs on imported goods to provide sufficient funds for running the government.
People were basically told no taxes.
But in 1862, in order to support the Civil War effort, Congress enacted the nation's first income tax law.
So someone born in 1800 was told they didn't have to pay taxes by the US Government when they were 17. Maybe they built up a nice business. Then, when that person turned 62, the government started taxing his earnings.
So I agree with coaster. Looking back historically, The government is NEVER WRONG!!!
See Proof. You can make free money online.
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Mon Oct 17, 2011 11:50 pm |
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Anne Land
New Member
Cash: $ 1.20
Posts: 5
Joined: 11 May 2012
Location: Auckland |
Gold is for the long term and heard recently that China is buying up as much gold as they can. What does that tell us. If you own gold, stick with it.
Check out the returns over 5 10 and 20 years.
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Tue May 15, 2012 2:34 am |
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ETFs_R_Best
Contributing Member
Cash: $ 5.65
Posts: 27
Joined: 13 May 2012
Location: Santa Monica, CA |
Government debt is unprecedented and with no end in sight. Just visit www.usdebtclock.org Politicians just want to keep spending. Also look at how entitlement spending is going to overtake revenues.
http://en.wikipedia.org/wiki/File:GAO_Slide.png
The current gold "correction" sure looks a lot like the 2008 correction right before gold resumed its upward trend from 750 to 1900.
Unmanaged index ETF's outperform professionally managed funds
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Tue May 15, 2012 9:25 am |
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errol_wu
Member

Cash: $ 1.65
Posts: 20
Joined: 31 Mar 2012
Location: Guangzhou,China |
gold is in a 2000 year old bubble.
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errol_wu@chingnic.com
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Thu May 17, 2012 8:35 am |
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