Home   Forum   401k   Credit Cards  
    Register   Login   Members   Search   FAQs     Recent Posts    
Gold Bubble Popped?

Reply to topic
Money Talk > Money Watch

Author Thread
coaster
Senior Advisor


Cash: $ 1357.80

Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin
 Reply with quote  

OK, thanks, but getting stuck and figuring out how to get unstuck is how I learn.

I get stuck an awful lot. Laughing

~Tim~

Eye Candy : Why Whimsy
Post Mon Aug 29, 2011 5:55 am
 View user's profile Send private message
LottomagicZ4941
Senior Member


Cash: $ 7.91

Posts: 2511
Joined: 02 Dec 2004
Location: Earth
 Reply with quote  

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.

My Current Favorite Marketing Tool. If you like text adverts you will like it
Save 25% off some versions of Turbo Tax some say it's a CPA in a CPU
Post Sun Sep 18, 2011 3:09 pm
 View user's profile Send private message Visit poster's website Yahoo Messenger
coaster
Senior Advisor


Cash: $ 1357.80

Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin
 Reply with quote  

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
Post Sun Sep 18, 2011 4:18 pm
 View user's profile Send private message
payment proof
Senior Member


Cash: $ 196.85

Posts: 1013
Joined: 16 Jan 2011

 Reply with quote  

Agreed. While there is a lot of reliable information on the Internet, there is also a lot of misinformation.

See Proof. You can make free money online.
Post Fri Oct 07, 2011 2:49 pm
 View user's profile Send private message
Halfdantimm
New Member


Cash: $ 0.80

Posts: 4
Joined: 08 Oct 2011
Location: Denmark
 Reply with quote  

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
Post Sat Oct 08, 2011 2:59 pm
 View user's profile Send private message
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  Reply with quote  

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.

Success to all,

FREE NO COST NO RISK BUSINESSES
http://FREE-FUNDRAISERS.com
http://FREE-100K-SECRET.com
http://TV-PROMOTIONS.com
http://FREE-MOVIE-BIZ.com
Post Sat Oct 08, 2011 7:53 pm
 View user's profile Send private message Visit poster's website
payment proof
Senior Member


Cash: $ 196.85

Posts: 1013
Joined: 16 Jan 2011

 Reply with quote  

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.

See Proof. You can make free money online.
Post Mon Oct 10, 2011 12:17 am
 View user's profile Send private message
leo
Member


Cash: $ 0.35

Posts: 16
Joined: 07 Oct 2011

 Reply with quote  

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. Smile

Are you a finance expert? I am looking for experts for my project
Post Mon Oct 10, 2011 4:07 am
 View user's profile Send private message
mahihastings
New Member


Cash: $ 1.45

Posts: 7
Joined: 16 Oct 2011
Location: Cambridge, MA
Gold bubble popped?  Reply with quote  

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?
Post Sun Oct 16, 2011 7:28 am
 View user's profile Send private message
coaster
Senior Advisor


Cash: $ 1357.80

Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin
Re: Gold bubble popped?  Reply with quote  

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....... Rolling Eyes

~Tim~

Eye Candy : Why Whimsy
Post Mon Oct 17, 2011 7:17 am
 View user's profile Send private message
payment proof
Senior Member


Cash: $ 196.85

Posts: 1013
Joined: 16 Jan 2011

 Reply with quote  

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!!! Rolling Eyes

See Proof. You can make free money online.
Post Mon Oct 17, 2011 11:50 pm
 View user's profile Send private message
Anne Land
New Member


Cash: $ 1.20

Posts: 5
Joined: 11 May 2012
Location: Auckland
 Reply with quote  

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.

Entrepreneur with no sales? You too can join the thousands of business owners who've exploded their sales by watching this free video: http://www.businessstrategybreakthrough.com/
Post Tue May 15, 2012 2:34 am
 View user's profile Send private message
ETFs_R_Best
Contributing Member


Cash: $ 5.65

Posts: 27
Joined: 13 May 2012
Location: Santa Monica, CA
 Reply with quote  

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
Post Tue May 15, 2012 9:25 am
 View user's profile Send private message
errol_wu
Member


Cash: $ 1.65

Posts: 20
Joined: 31 Mar 2012
Location: Guangzhou,China
 Reply with quote  

gold is in a 2000 year old bubble.

Register company in China www.followmi.com
errol_wu@chingnic.com
Post Thu May 17, 2012 8:35 am
 View user's profile Send private message Send e-mail Visit poster's website

Goto page Previous  1, 2, 3  Next

Reply to topic
Forum Jump:
Jump to:  
  Display posts from previous:      






Money Talk © 2003-2011



Arcade Banner Exchange