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Premarket Summary: Inflationary Hysteria
One word (well technically two) can describe what is going on in the electronic pre-market arena right now: inflationary hysteria. Gold is at a new record, wheat is surging, corn is at highest since 2008, crude at a new 30 month high, silver is at $41.10 - a new fresh post Hunt high, beans surging, etc, etc, etc. Essentially everything is bid, following news first reported on Zero Hedge that PIMCO is betting the farm that either inflation is about to go parabolic and force bondholders to dump everything, or that the Fed will have no choice but to pursue another round of QE, sending gold to $2,000 and unleashing the Weimar endgame.
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aint no dip dipstick pay up if you wanna play.
I believe PIMCO funds have a bond/cash only mandate. I was trying to figure out myself the reason for holding cash, another poster pointed out on another thread that they consider cash to be cash or any T-Bill under 1 year.
So PIMCO is really only out of longer term Treasuries. They are sitting in the 'more liquid' shorter term debt.
Hoping for another 2008 style market crash? T-bills traded at a premium then, a good time to flip them to some panicked chump.
forget BTFD, it's now BWYC ( Buy While You Can )
BWYC,that's great and if you find physical,wish could get me more green
Giant boxes of SE.
APMEX has crates of monster boxes as does JH Mint. I'm guessin Tulving does too.
Uhhhh, where have I heard that before? Yes, buy now or be priced out forever...
Wait a minute! Back to Dancing with the Stars
Real estate, technology shares, anything dot com, tulips, silver at forty in the last silver bubble, tulips, south sea shares, did i miss any?
Good answer: Pimco is the lead, paid-in-advance government shill, ready to buy the first drink in the initial vigilante-raid bond collapse, and then solicit supporting purchases in the subsequent "Build America Federal Bond" program.
Or whatever they try to call the next level of fraudulent, fiat financing.
They would do well to look at the history of the 1929 depression. On the first dip everyone cashed out in US Dollars as PIMCO has done. When the second dip hit everyone attempted to buy Gold leading FDR to failed attempt to confiscate it. You see the exact same thing happening now. Everyone is turning cash into PM's. PIMCO would do well to follow history and buy Gold. I would say Silver too but there is no enough physical Silver available to even attempt that.
aye yaaaahhr... sorry your name + avitar make it irresitable
Read the fine print on Pimco bond funds. 3 month treasuries and under are considered cash. They can be long bonds or cash it's not the Pimco buy anything we want fund.
bummerz... but what do think Bill buys for Bill?
Bingo. With a duration of 3ish, they're really f'n short! He better hope he's right or he's going to go from being the biggest fund to the biggest moron. The agg is like 13% treasuries, so Gross is 16 points off the index considering his short position. Good luck!
+1000
You can get all FOFOA about it and say that only much higher prices will be able to absorb big players like Bill Gross
No matter how often I hear it the name "FOFOA" makes me think of some sort of breakfast food -- perhaps a warm cereal dish.
I am wondering the same thing. There are alot of smart people and large companies hoarding cash which has a very low return at the moment.There must be a good reason.
Dry Powder!
I really love to "read your posts".
Yeah, those are great posts.
To shoot at what?
Actually, cash has about the same return as your bank savings account, money market or short treasury. All round off to zero. So the risk in holding cash is very little. If we had ninety day notes at 10% like the early 80's then there's risk or actually cost to holding cash.
I am not a professional trader but if rates are about to rocket to the upside then holding cash makes a lot of sense. Inflation will not take off that fast right now. My guess is in the short run, rates can rise faster than prices as a precursor to inflationary expectations. Timing and maturities will be the hard call for Mr. Gross, I think.
That is correct.
actually it is not correct, imv, Thomas. only if ya believe Batmanke's lies abt inflation, i wld say.
i have also opined that gross's "position" makes sense given the high current prices/lack of return and general lack of ROI to match perceived/inducted downside risk in these "markets" at this time.
gross is no diff from any other stiff with "assets" to "invest" i would think. if a man with his knowledge and skills can not generate a return to beat inflation w/out taking on unacceptable risk, even by such a moronic play as writing covered options due to lo-beta evaluations in the banksters' & brokers' crooked casinos, perhaps we mortals shld best just pay attention to the man, and tyler, too, and smell the coffee, ok?
maybe he does own a shitload of GLD. show me the link is all i'm saying, and not to you, either, Thomas, ok? i'm wrong all the time, and may be here, but i'm just trying to be honest abt what i see, given my POV and limited knowledge of gross's true book.
this is sure a heluva show we're watching and acting in, too, no matter what the POV. sincerely meant, too, Thomas, and no disrespect to you, either. i have no issues with you, but simply don't think you are right, in this instance, is all, ok?
i do understand Freedom Guy's "point" about if rates go up, he's right, and just hasta get the timing, right, ok? but, since i don't see where you or F_G_ "get" what gross may be seeing re ROI, here, i'm gonna try to talk with you folks abt it. so, there!
peace.
I meant relative to bonds (Gross' choice).
qe2 ends, all asset classes/pm's tank. dollar up. might be temporary, but good buy opportunity.
assumes no qe3, either ever or for just a few months.
You assume a flight to safety into the US Dollar. The history of the Great Depression witnessed a flight to the US Dollar when the first crash hit. Like today the economy recovered a little and then it crashed again. On that second crash a flight to gold happened. FDR attempted to confiscate Gold as a result. You are witnessing a repeat of that history.
maybe! then, again, you may just be hangin outa yer picture frame a bit more than usual, tonight, too, my friend...
Their prospectus may not include gold or gold equities. What I can't figure is what is all that cash in?
u may find out after the fact alot of things....trust no one
What is interesting here is that if Pimco sits on cash for a year..they do not show a loss if there is 20% inflation...but the worth of those dollars has dropped 20%...they are going to have to change the accounting rules soon.....
Funds have rules. If it's a bond fund you cannot buy PM's...or stocks or REIT's, etc. You have to read the prospectus. Having said that he can still go cash and wait for the rising rates.
purposeful or driven by the greatest arrogance this will be over in a short time frame , days weeks or even months , it will be remembered as an explosion.
This is what happens when debts are not settled. I believe that one morning, very soon in the near future, we will wake up to see the dollar devalued by 2/3 and regardless of how much currency is floating around the system, we will see things become very unaffordable.
The AAA ratings of the ratings agencies will be downgraded?
Don't you know settling debts is deflationary? No room for that in a modern debt-money economy.
The greatest destroyer of credit-money is the act of paying off debt.
I'm quite partial to the good ol' fashioned default myself..
hi, Caveman @ # 1155971! slewie sees that you are not speaking of debts being settled, here, at all! you are clearly speaking of the scenario of when debts are not settled, ok?
and, yer "belief" of what you will wake up to some morning is damned right, too, i would say. what tf do these morons think "reflation" means? anyhow? good 4 you! +++! i don't care how good-lookin yer avatar is!
Those chart look totally transitory. Haha
next dip and I know there will be one I by more... I expect sub 38 in next week or two but not to last more than a week/hour depending on who drives the price action. but hey wtf do i know
Doubt it right now.
nutin honey
All it takes to start a Gold and Silver feeding frenzy is a $5 Gold dip and a .10 cent Silver dip.
I have to agree. The last time silver acted like this it blew through the top then got hit hard. Took awhile to recover but it did. I like to make guesses on things like this and my gut says 45 is the local maximum before it gets swatted down for a bit. Perhaps some puts to get cash for the continued rise. A fully functional crystal ball would be useful.
My crystal ball works really nice except it randomly logarithmically distorts the time frame. Its a pain in the ass.
Weimar endgame. Who will be the new hitler? History repeats.
Obama is reelected for a second term.
That's why he or someone like him, or worse than him will be elected. Things will start to tank, people will get scared and they'll go with the first charlatan who comes along and promises magic.
The herd wants to be lied to. Good times are just around the corner... please present your papers at the gate.
Become familiar with Alice Bailey's - Externalism of the Hierarchy.
You have a name for them? Isn't that...you know (a little too personal.)
People always look for the strongman to save them. I don't think we want to be lied to but we want to believe the best. So they say what we want to hear...which is rarely ever the truth.
or "just show a big pair of boobies" in which case "i'll believe anything you say" is the normal response.
Got milk?
Ein volk
Ein Reich
Ein WardFuhrer
Donald Trump?
Charlie Sheen
Donald Trump
$45 silver by next week...looks like no chance to BTFD
$45 this week, $50 next week.
And $200 the week after that! You know, exponential etc etc?!?
Seriously im all for run higher in the PMs, but predictions like this are a joke.
Like your alias. I've played metal gear series. The story of war economy and conspiracies is pretty cool.
on Sun, 04/10/2011 - 19:45
#1155968 next dip lol what happens if the next dip is from 1650 to 1500,,, if you got the dough go ,,down to the coin shop and buy the physical ,, this buy on the next dip is an excuse to do nothing gold will be going through 2000 then 2500 3000, 'and you want to wait ,, did you load up at 300,, or wait for next dip ,, 500 or next dip 1000 or next dip. you will load up with paper ,, or gold
Knuckleheads have been calling for a correction in metals for more than a year.....
They've been calling it a bubble for 10 years.
i think the technical market term is "don't fight the rape."
x100. Wish I had an Eagle for everytime i read "i expect a good pullback next week" I wouldn't have to BTFD anymore.
There may be one when a new currency will have to come out to replace the USD. However, I will continue to buy physical at $50, at $75 at $100 and so on. When, not if these "prices" are achieved, you know the dollar is totally fucked.
What do you think of eBay for buying silver? Where do you prefer to buy it?
Unless you can snipe a deal with product you trust (not fake coins from China) at close to spot price and with free shipping, then I would recommend just going to a reputable online bullion dealer like apmex or any number of other reputable dealers. If you go to local coin store you may gain some anonymity (you bring cash and just scribble your sig on the receipt) but you will also pay a couple more dollars in premium and some local tax. Good luck.
and if you do buy online when the new Gestapo arrives to confiscate it tell them you buried it in the yard and someone dug it up the next night.
There's no taxes on those exchanges in my locality.
I buy silver on eBay all the time with great results by doing the following: Choose buy now only, North America only, Top rated sellers only, and DON'T buy Morgans or Peace Dollars (so many fakes out there that even if you get good ones you will have to acid test it for the buyer to prove it)
1964 JFKs half dollars have to be fairly safe if bought in the USA no? Just looking for melt down value not collecting value.
yep! slewie just helped a young man buy over 70 ozt, online, of '64 JFK's, under melt, as the price went thru the melt + shipping values! he may "lose" if the price doesn't stay above, say, 38, but why should he care? he wants the physical "insurance" and already "gets" the g/s ratio (good teacher? lol) so he's not scared, if you follow...
i also suggested he troll some coin shops and he was able to get a coupla 1/10 oz gold Eagles @ $7 over melt, each, and that was a week ago! again, no guarantees, and not the best play, perhaps, given the g/s ratio & trend, but for a young man who started to feel the reality of PMs v. fiat, a pretty good start, i wld say! yay!
locally, the coin dealer i canvassed, yest, was o-u-t of 2011 silver eagles, but loaded w/ 90% "junk" silver coins! his mark-up to the buyer is really almost nil, over melt for these, but his offer to buy is about $2.80 under spot/ oz ($38.00 v ~~40..80 spot) or a 6.8% vig to him to go long for you, today, and give you FRN's, right here, right now, for yer silver US Mint-produced coins!
The absolute BEST place to find "discreet" Bullion deals are Coin Shows, shop around for the best prices -you won't be sorry!
For smaller quantities go to a local coin dealer. The margins are so small on non-numsimatic silver that I don't think you'll get a better deal on shipped product from ebay.
I personally have no idea why anybody buys online. The whole idea of an anonymous purchase goes out the window. Go to a local dealer and buy from them.
The last thing you want when SHTF is to be on a list for owning gold and silver. It's not just the gov't. What happens when the website you bought the bars from sells your name and address to someone in your area?
You have no idea how desperate people are going to become. The best thing you can do is remain anonymous.
I doubt anyone will care to look that deep into details if shtf.
If I was that paranoid food, weapons and fortification would be more important than PM.
I spent the whole day today "cleaning up" an entrance way for a bunch of PM dude s who thought they were going to get $2.50/lb for ripping out copper pipes. Strange thing, there was plenty of aluminum for the taking. And I took it and I will give the old lady a reciept when I recycle it and I will not knock the teeth out of her mouth knowing medicare will replace it and I could do it again. Silver is not gold. Gold is never the metal that plutonium is.
Agree. WhyTF would you go off the grid by using the grid?
Nuts.
i understand yer anonymity point(s), you and robomom. still, when i can get unc or proof US coinage, under melt & shipping, from trusted numismatists who are slightly asleep at the switch at times, i buy it! also off-line, ok? 2 years ago i helped a friend buy a whole 23-year silver Eagle set, in deluxe dansco album, right @ melt, locally. the guy had a price on it, in his case, and when the spot went thru abt $18.50, that price was under melt, and i just escorted my friend in, told him to lay the cash down and take the whole set home, which he did! yep, anonymity is best. no, anonymity should not restrict good buying, online. i'm not talking sites that come up first on google or even advertise on zH. no, no, no! you can't get under spot, there anyhow!
i helped a guy pick off a roll of unc '57 quarters and a roll of unc 62 franklins and a roll of unc '64 kennedy's for under melt when silver was flying thru the lo $20's. he took care of me and the coins are fukin gem mint gorgeous, too! two small legit dealers in the midwest. OMG! somebody knows somebody bought $30 face of "junk" silver with a debit card, thru the US mail? yep! and fuk you both if you don't like it, too!
Did someone just say "Ebay is buying silver"?
nope! jeeez! how freaking disabled are you? lol!
i'd fight gandhi @# 1156043 asks (Paste): What do you think of eBay for buying silver? just a question to friends on the site, most likely, but maybe you know diff. i don't.
jeeeeZ! hard to believe, really!
Caveman @ # 1156020: remember, against other fiat bullshit, the dollar may be weak, as per "reflation" ok? or even show strength against the euro, the peso, the yen, and possibly even against the commoditiy currencies, such as the krone, CAN$, and the $'s down under, or the wunnerful wunnerful swiss franc, even, too, but don't hold yer breath, esp in that outfit, ok? lol! but that doesn't necessarily mean "The End"... against PMs, they keep printing, FRNs go down, PMs go up.
against other fiat? who fukin cares, really? ya wanna travel, ya might get nicked, but the germans, canadians, norwegians and swiss are gonna have great vacations & shopping here, this summer, i'll bet! and, we get the tourist money for our economy, too!
yes, collapse is possible. still our criminal banksters are tops in class! who knows how long this bullshit might last? not slewie, guaranteed! like you, whatever will be, will be. i'm not in charge of this shit, 4 sure! unlike you, not so sure the USD is fuked, esp v. other fiat.
fiat hypnosis/conditioning is awesome, really! very few people, %-wise, could even grok this conversation. that doesn't mean the S can't HTFan, but, to all except a very small % of PM owners/enthusiasts, like us, fiat is the only game in town. i know! not too reassuring, in some ways, but considering what these crooks have already pulled, what's a few more years among sheep & morons? maybe the dollar will be dead, this time tomorrow. maybe it'll still be around when they're walkin slow behind slewie, too... don't know, don't care. either way works for me. way beyond my pay grade, ok?
but we have seen many minor healthy ones but the trend continues
Pulling my hair out over my 401k's right now. I can't afford another 2008 loss, so do I go Gross, sell and sit patiently on cash or try to wait till more near June? Hate this shit!
Borrow against it at 3% (paying yourself), then go shopping. Don't assume the government isn't looking fondly at whatever you've accumulated. Note that they're nationalizing most everything else....
I did that back in Nov 2009. Loaned the max (50%) of my 401k at the time. Very happy camper here. I'm paying back on devalued fiats! :-)
401k! HAHAHAHA! Wait, wait....HAHAHAHAHAHAH!
Lost my job a week ago, cannot wait to do my indirect rollover and cash it in on physical..all of it. Fuck em all and their 30% penalty too. They can eat me. I'll never play their game again.
as soon as you do that, there will be a severe correction, but don't worry about it. those are the breaks.
your telling me that Silver will return to the mean average? pffft.
11 to 1. What is a dollar?
units silver? thaler? interest bearing debt instrument ...? did i win?
A NEW CAR!!!!!!!!
YES!!! but, i would prefer a fine horse...and a pack mule. thanks.
The price is right!
Did just that two years ago and never looked back. Rock on Silver Brother!!
I dumped the 403B (academic's 401K) from a previous employer last year, took the penalty, and have never been worried about it. Sure, Uncle Obama took 10% more from me, but I've almost tripled on physical gold and silver. I bought from people who were desperate and trying to get rid of granny's collection. I knew well enough to spot the fake gold maple, and man was that guy pissed. Just do it. You won't be sorry a year from now.
I am waiting for the summer doldrums, though. Hopeful we might see them again this year and one last dip. I'm thinking maybe I'm living in Never Neverland by thinking there might be one more dip, though. The dip might be a dip back toward 50 an ounce on silver and 1600 per on gold.
Sorry about the job loss. Good luck with finding something better. Until then, read up on gardening and start investing in the PMs. You can max out credit cards until the money comes in from the 401K. I have been maxing out all the CCs they've been offering me. They all have 15 months 0% interest or something. My favorite is buying Morgan dollars on a JP Morgan Chase credit card.
As a matter of principle, I can neither confirm nor deny that I hold any physical precious metals.
I dumped the 403B (academic's 401K) from a previous employer last year, took the penalty, and have never been worried about it. Sure, Uncle Obama took 10% more from me, but I've almost tripled on physical gold and silver. I bought from people who were desperate and trying to get rid of granny's collection. I knew well enough to spot the fake gold maple, and man was that guy pissed. Just do it. You won't be sorry a year from now.
I am waiting for the summer doldrums, though. Hopeful we might see them again this year and one last dip. I'm thinking maybe I'm living in Never Neverland by thinking there might be one more dip, though. The dip might be a dip back toward 50 an ounce on silver and 1600 per on gold.
Sorry about the job loss. Good luck with finding something better. Until then, read up on gardening and start investing in the PMs. You can max out credit cards until the money comes in from the 401K. I have been maxing out all the CCs they've been offering me. They all have 15 months 0% interest or something. My favorite is buying Morgan dollars on a JP Morgan Chase credit card.
As a matter of principle, I can neither confirm nor deny that I hold any physical precious metals.
Lol! The Morgans with the Morgan card is just toooo good! Just store them next to your guns. I wanted to put a silhouette with a great shot group from the pistol range on my door instead of a Brink's sticker. However, I figured my neighbors would not see the humor.
I actually hope for a dip, as well. I'd actually like more people to be able to get in at a better price before the worst happens. I think just accumulate and cost average as best you can in the present.
Cavedude, virtual emapthy here. I got laid off two years ago and wanted to put part of my severance in physical when it was $9.42/oz. Didn't do it because I didn't know how long I'd be unemployed and I had to move. Bad move, but I was uncertain. Got laid off again last year but I'd cashed a 401k out and bought a bunch mostly silver. Best financial decision ever including the insurance aspect. I withheld 30% and it wasn't enough though. Check your bracket carefully. I have to write a fat check to the Imperial government instead of buying more.
Another option that has been good for me is to roll over to a self directed IRA and buy PM's, stocks or funds. It will stay in your IRA but you won't take the tax hit so you can use all your money.
Hey, good luck to you, too. Hope you land on your feet, man. Tons of people getting laid off all around me even though our economy has officially "recovered"...and I don't live in Detroit.
ditto from slewie, cavedude! and the guy below may have misunderstood you, too? i didn't get you were saying you were gonna try to duck the IRS on this, but rather that you were gonna get free of the "partnership" with uncle sugar, pay what it takes, and fuggit, it's over! close?
jeeez! a strong person w/ a hot avatar and peole can't understand you? works 4 me! Hahaha!
Cave,,,so you are not going to pay the 30% penalty and you`re tell the IRS to fuck off???
good luck with that one...they`ll have a cell ready for you and bubba warmed up....
I have tons of friends in prison because they didn't pay their taxes.
No, wait...that's stupid.
i'd slit my wrists if I was holding all cash (which currency, cause the dollar index looks brutal right now at mid high 74 and 72 is last support no? or good buying point if you listen to fed/cnbc speak) right now
Money isn't real. And never worth dying over.
Bunch of paper and bits on a computer never worth a life.
Tell that to the poor slobs caught in the crossfire in Libya. I'm sure it will make them feel better.
"Bunch of paper and bits on a computer never worth a life."
Isn't that the basis of all employment? It might not be worth dying over immediately, but what about 8 hours per day over the course of 20 years? Nearly everybody is currently selling their lives for bits on a computer.
I've known people to give it all up over losing money. There's always a way.
cool story Hansel
It wasn't long ago I would be a seller of Euro/Francs into this test of 72. Now I haven't a clue, nothing seems to have support at traditional lines. If the dollar does blow past 72 it's a waste-land below. I was buying silver at 12.50 then 18, 23,27 now I really can't fit more in the safe. Funny I have some on the table next to just to remind me to take profits at 40, ha. Am I frozen by a fear of not selling at the top? I really never have that problem with equities, I just sold BDCO nat gas pipeline co. for a very very nice gain and haven't looked back. Fear of profits, dazzled by shinny metal?
I've been selling physical into the rally for a couple years, no regrets. Mostly in cash now. It gives us the flexibility to move, seek opportunity, serve clients. Couldn't do that with bullion.
lol, long toilet paper, eh?
Those who don't understand what is going on will be smashed beyond repair or even recognition. Now is the time for protection. Only metal can provide real protection. You can speculate to the extent that you have different metals to buy.
Yep, me and the rest of you, still doing business in cash.
I have some bullion. Nice backstop when I travel internationally. But cash is what happens at airlines, hotels, gas stations, surety bonds, restaurants, short term housing, grocery stores. I can meet a payroll and pay taxes on time. It's called working capital.
That's great, except you've sold all your silver. Now you are dead in the water. Good job. Say "hi" to St. Peter for me.
That's IF you can afford to get across the river Styx. The ferryman doesn't take paper.
If you have enough for "insurance" purposes I don't think its a terrible idea to sell some of it. The question is what you will do with the cash.
Here is the plan. When the market crashes again along with your 401(k) Obama will graciously confiscate it and tell you they are going to put it into your Social Security "account" at the pre-crash level. They claim you'll be able to withdraw it when you reach the age to be determined, by them.
Al Gore's "lock box", version 2.0
and the Sheeple will praise the "one" and celebrate him.
Save your PMs with me in my lock box, and I will re-invest it in AAA rated carbon credits. I have some friends who can then securitize your assets, bundle it up with other AAA rated SLV and GLD ETF shares and convert them into income producing streams backed by the full faith, credit and solvency of the United States Government.
For your peace of mind, we will record your deliveries and they will be stored in a high security facility, namely the Metal Exchange Registry System (MERS). Thank you for your trust.
Lockbox.
It took a huge shit in 08 like everyone else's. Why didn't they do it then!!?!?
Because this time there isn't anywhere left for them to go. Ask the Irish.
A republican was in the White House. A democrat will be able to pull it off.
Cashed mine out a year and a half ago and put it into PM's. Yes, some luck was involved, but if I was really smart I would have cashed it out 10 years ago!
The main reason I cashed it out however was because I was and still am pretty sure that the government will find a way to confiscate them and then it will be too late.
I did the same drbill. Cashed out of 401K in February last year and rolled it all into PM's, ammunition, and stored food. Best move I ever made in my life.
Rock on, man! I gotta still get the dried food, lol!
We're going to shift to cash in about end of May. My 401K is climbing too high too quickly to stop now (might be signs of the crash of course and then I'm boned, but at least I ahve a plan =) ).
The end of May will be too late. It will be all over by then.
And you may be left holding the bag.
agreed. somthings coming. get out!
I'm actually watching market and political trends on a daily basis. and can switch stuff to cash before the end of the trading day. Sad, but it is the reality. The end of May plan is if things go 'well' from now until then....
when you are playing on the casino floor, it takes energy and focus, esp when you have +++in a 401k and don't seem to like stops. i can understand what you're doing and why, and you certainly have my permission to play yer chips anyway you want! good 4 you, but unless you're getting "matched" by the boss, why have Uncle Sugar as a partner? even "matched" i've seen situ's where the deal was so tightly unfriendly, it just didn't matter. enron comes to mind, right away. they had to buy enron! the whole army of them went from the penthouse to the outhouse together! they were still ready to kill kenny boy, tho! now, everybody uses enron off-balance sheet accounting and mark-to-magic, even the FED!!! fukin zombies all over the place, imo. good luck! steady as she goes, mate! hoist the jib! feel her take the breeze! now, trim the main! yeah!
The only rational thing to do is to sell out; into cash. Then you can examine your options.
Easy answer. Sell half.
Pulling my hair out over my 401k's right now.
Keeping a 401k is russian roulette with 5 chambers loaded. At some point govt is going to take the assets and put a (worthless) IOU there.
Exactly.
I would give someone 40-1 odds on it.
Let's hope the young are cynical enough to believe it - but I doubt it.
cash out asap. remember you will be happy that you have what you have after the crash. think you might recover a bit more is well..........step right up, take you chance on the wheel. The stock market is for sharks and suckers. You are not smart enough anymore to be in this game, get out. In the 80's and 90's buy an hold worked, not anymore.
ok. i think i would rather encourage folks to be smart enuf not to play the game, but i give the same advice, so bfd.
Can anyone give me a good recipe for iPads?
I have the fire ready... lots of dollars have just melted the first few to get the barbecue heated up but I am racking my brains for some other deflating ingredients to add to the cooking pot
the materials in your deflating equity in your house should make for some good kindle
Open case
Dip in acid
apply 5 VDC across electronics
collect gold and silver on copper electrode
you forgot the shanting
Add 1 lb. Cabbage Patch
6 oz. Fresh Beanie Baby
2 Cups of Pet Rock
6-8 loose Pogs
Mix and Stir lightly. Set and forget it in your Showtime Rotisserie Oven.
Garnish with Shreaded Yo-Gi-Oh Game Cards.
LOL
what abt set it...and forget it?
Hey, I put hundreds of dollars into those things for my Son, another 10 years and they'll be collectors items, I just know it.
+++
Dude - that is fucking' funny!
Just serve them raw and wriggly ...... my preccccciiiiious....