Where Investor Money Is Going: 'Under the Mattress'

18 Jan 2012 13:03 #11 by Martin Ent Inc

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18 Jan 2012 13:03 #12 by Blazer Bob

neptunechimney wrote: [
"LET US accept things as they are, and PROFIT off the folly of the world."


"Obama Said to Reject Keystone Pipeline, Let TransCanada Refile"


Read more: http://www.sfgate.com/cgi-bin/article.c ... z1jqGqQqOq

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18 Jan 2012 13:08 #13 by Blazer Bob

Martin Ent Inc wrote: Been watching FROG.

Thanks and good luck if you go in. Not my cup of tea. OTOH that is what I thought about Blockbuster and Compaq when they were IPO's.

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18 Jan 2012 13:17 #14 by Martin Ent Inc
Haven't yet, but this one is interesting NSRS, falls back then charges forward, drops a little but increases at a steady pace.

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18 Jan 2012 13:29 #15 by Blazer Bob

Martin Ent Inc wrote: Haven't yet, but this one is interesting NSRS, falls back then charges forward, drops a little but increases at a steady pace.


This site says it is a pump and dump.

http://www.pennystockresearch.com/nsrs- ... y-13-2012/

Not that there is anything wrong with that if you get the timing right.

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18 Jan 2012 21:54 #16 by FredHayek
I am a very conservative investor and I continue to be pessimistic about the econony. Keeping out of the market. Europe continues to scare me.

Thomas Sowell: There are no solutions, just trade-offs.

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19 Jan 2012 06:33 #17 by znovkovic
a colleague of mine swears on the iraqi dinar? his father sold him on the idea after the old man did not invest in the deutsche mark after WWII.

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15 Aug 2012 09:18 #18 by BearMtnHIB
While the lefties make the claim that the rich do not create jobs- there's a reason why the creators are sitting this administration out.

Are they the whiny rich? Or besieged job creators?
Whatever you call them, and whatever your politics, there is no doubting that the One Percent is on the defensive - culturally, financially and psychologically. And now a new poll shows that their fear and lack of risk taking may be imposing real financial costs on the economy.

Of course it's absurd to anyone with a room temprature IQ that the wealthy do not create jobs- what do they think? Do they think it's the poor people who create jobs?

The 2012 Survey of Affluence and Wealth in America, from American Express Publishing and Harrison Group, finds that One Percenters are hoarding three times as much cash as they were two years ago. Their savings rate soared to 34 percent in the second quarter of 2012, up from 12 percent in 2007.

It is those with the resources to invest and companies who turn a profit that create jobs. You don't need to be rich- but you need at least to have a business that is thriving in order to hire new people and put them to work.

It was my argument back when Obama was elected - that the best producers, the profitable businesses and corporations would back off, as a result of Obama's and the leftist socialist policies- and that idea has certainly proved to be the truth.

The One Percenters put 56 percent of their available cash into savings accounts and money markets in 2012 - that's up from 24 percent in 2007.

They're investing just 44 percent in financial markets - down from 76 percent in 2007. More One Percenters say the stock market is "a real risk" rather than a "real opportunity." That's a big switch from just last year, when 62 percent said the market was an opportunity.

Does the left want jobs?- most certainly they do not or they would not support this class envy. Obama and others have continued their class warfare against the producers and job creators- and protest groups full of losers like the OWS crowd have given the job creators even more reasons to lay low.

In other words, One Percenters used to save less, and invest more. Now they're "basically stuffing money under the mattress," said Jim Taylor, vice chairman of Harrison Group.

So while the left complains that the 1% does not create jobs- they themselves are the main reason why they choose not to expand and invest under these conditions.

I'm not in the 1%- but I recognize that investing during the Obama era presents so many additional risks- that like the 1%- I'll just hang on till the conditions improve and my chances for earning a profit improve.

Is the rich hording cash? You damned right they are- and for a real good reason. The president's latest attack on entrepreneur's and risk takers (you didn't make that happen) prove without any doubt that the tatic of hording cash is was the right decision.

The wealthy aren't just building financial moats, they're also building psychological moats. The Occupy movement, media coverage of inequality and the Obama campaign's "you didn't build it" attacks have all made the wealthy fearful of any outward signs of success.

There's a flood of cash just waiting for Obama to go away- and we all can invest again with more confidence that we are doing the right thing.

In the mean time just remember the next time you hear a leftie claim that the rich don't create jobs- it was a problem they themselves created!
http://finance.yahoo.com/news/fear-loathing-one-percent-165400847.html

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15 Aug 2012 09:26 #19 by bailey bud
a) SWHC: might as well profit from the madness

b) Gold ---- I don't sit my funds in a bank account ---- they're monitored there, and out-of-reach. I think bank accounts give way too much power to government(s).

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15 Aug 2012 11:42 #20 by Raees

LOL wrote: Those pre-1983 melted pennies are worth 2.4 x face value if they are copper. I'll bet silver dimes are pretty good too.

http://www.coinflation.com/coins/1909-1 ... Value.html

"$0.0244703 is the melt value for the 1909-1982 copper cent on January 17, 2012."

Dimes are much better $2.17 1946-1964

http://www.coinflation.com/coins/1946-1 ... Value.html


Except as PS pointed out, it's illegal to MELT them, so the melt prices are meaningless.

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