[Vienna]

(01-13-2013 01:17 PM)BIGINJAPAN Wrote:  

... Of course places like Greece, Spain and Portugal will be a great buy soon.

For someone who's just getting into stocks etc. and still very green, could you explain why Greece, Spain and Portugal might be great buys soon?

[thegmanifesto]

(01-13-2013 01:17 PM)BIGINJAPAN Wrote:  

I agree the policies are doing nothing but helping our cause. But don't under estimate the power of the Central Banks. I also agree stocks, real estate and bonds especially are a gigantic bubble.

You think real estate is still in a bubble?

[bacon]

darianfrey, im no economist but these countries along with italy and ireland (france?) are in way over there head. the countries owe a shit load to bankers and basically they are going to go through austerity. when the pain gets too much for the citizens they typically try to overthrow the government or extremist groups get elected. greece has an extremist party which almost won the last election. spain is dealing with possible succession in the catalonian region(near barcelona). basically expect shit to go down in this part of the world soon. actually the USA will deal with this soon also but because of the dollars reserve status and the fact the the federal reserve can print money they dont have to be responisble for their debt or future entilements like european countries. how you play this in my opinion is "buy when there is blood in the streets"-jp morgan. i would invest in (real estate or stocks specific to these countries) or play precious metals as there is no counter party risk and it is the ultimate greed/fear play for your money. but you should read, youtube max keiser for good comentary on the economics of these countries, usa included.

[Jaydublin]

(01-13-2013 02:40 PM)thegmanifesto Wrote:  

(01-13-2013 01:17 PM)BIGINJAPAN Wrote:  

I agree the policies are doing nothing but helping our cause. But don't under estimate the power of the Central Banks. I also agree stocks, real estate and bonds especially are a gigantic bubble.

You think real estate is still in a bubble?

Was it ever actually allowed to hit a bottom? Where does it go if interest rates are
Not artificially held at zero? Just questions I have

[jmoney29]

Do any of you guys buy silver/gold coins for numismatic value? I've seen that sometimes numis. value is greater than bullion value, example: http://www.coinflation.com/coins/1932-19...Value.html .

[BIGINJAPAN]

(01-13-2013 02:40 PM)thegmanifesto Wrote:  

(01-13-2013 01:17 PM)BIGINJAPAN Wrote:  

I agree the policies are doing nothing but helping our cause. But don't under estimate the power of the Central Banks. I also agree stocks, real estate and bonds especially are a gigantic bubble.

You think real estate is still in a bubble?

Well in a lot of places the bubble hasn't popped yet. In Canada, Australia, Hong Kong, China, Singapore. Even the US is seeing bubbles form again in California. Now that all these hedge funds realized they are going to get fucked by the FEDs buy back program they are selling all there inventory. This year there will be massive sell offs in real estate again in the US because all these hedge funds were trying to generate alpha in residential real estate. Now I don't think it will be an epic collapse nationwide again, but I still think the average home price still has another 20% drop nation wide. It is barely hanging on with all time low rates, but with no one working full time in a descent job, it is just a matter of time until the bottom falls out again

[maestrobaires]

of you guys in the know. is there anyone willing to give a hand throwing a webinar? the above mentioned guy rocks in making events and webinars that are really moving and shaking

thanks for a valuable input

[nash23]

US mint just suspended sales of silver eagles, and will sell on allocated basis when they do resume production

[Sanblz33]

(01-13-2013 11:42 PM)jmoney29 Wrote:  

Do any of you guys buy silver/gold coins for numismatic value? I've seen that sometimes numis. value is greater than bullion value, example: http://www.coinflation.com/coins/1932-19...Value.html .

Bullion is A LOT easier to sell when the time comes.

[BIGINJAPAN]

(01-17-2013 10:54 PM)Sanblz33 Wrote:  

(01-13-2013 11:42 PM)jmoney29 Wrote:  

Do any of you guys buy silver/gold coins for numismatic value? I've seen that sometimes numis. value is greater than bullion value, example: http://www.coinflation.com/coins/1932-19...Value.html .

Bullion is A LOT easier to sell when the time comes.

Agreed. Pretty much everyone on the planet knows that gold has value. They might not know the exact value but everyone knows you can easily exchange it for cash or other items of value. But less than .001% I am sure could tell you the value of a numismatic coin. I personally have been on the precious metals bandwagon for almost 7 years now and I don't have a clue about anything relating to numismatic's