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Not "cheap enough" yet - everything except PMs will be at least 50% cheaper in a few months.
Load up on physical while it's still available.
Sure buy stocks, theyre 'cheap', since $25 trillion in printing has gotten 'cheap stocks' right back to where they were....in 1999.
Step right up! Place ya BETS! Stocks are real cheap, see? Dont worry, the casino surely isnt rigged or anything, and everyones a winna!
Yeah, lemme check. CRM has a P/E of 624.88 according to Yahoo. It's up 2% today. Should I buy in now?
WHOA! Only a 623 P/E? WOW thats a LOW PRICE!!
Don't wait until it's 1200. One day everyone will work for salesforce.com.
(for those who missed the efficient frontier including real assets, in which gold appears to have been the best performer over the September 2008-September 2011 period much to the chagrin of various naysayers).
I bet it continues, this is the warm-up.
Real hard useful assets continue to climb. For instance, I bought my first military rifle an HK-91 in 1999 for $900....today that rifle sells for over $3,000. 7.62 ammo I used to buy for around $30 for 100 rounds, military surplus. Now its 3X that.
However stocks, even after $25 trillion has been printed and pumped in, are at the same level now as 1999. Suckers game.
You're forgetting that 2% yield!
I have a question!
I guess 'risk assets' are cheap enough, for fools and degenerate gamblers. Whatever.
that would be pacific time
The only panic happening in U.S. markets is the shorts wetting their pants. Therefore, we're heading toward hope and euphoria as all the sheep are now getting nervous they're going to miss the big fall rally.
The crash is coming folks. But it's not happening this year.
And, by corollary, are the assets with no counter party risk as expensive as they ought to be?
I think i sold gold too early, but gold does not seem cheap right now.
Brazil seems cheap, considering their low debt and need for infrastructure spending before the olympics.
I have everything riding on ewz now. PE of 8. Dividend yield close to 7 percent.
You didn't sell gold. You bought something with your gold. What were you unfortunate enough to buy? It sounds like you may have been enticed by a sales pitch to buy fiat paper with your gold.
They changed the presentation number.
Shit, I missed the podcastthingie. Help me out here.Did anybody ask him about his dildo collection?Does he still have it?Why did he keep it?Is he attached to it?Could he describe the different high points of the collection?Any of which you're particularly fond?With whom have you shared?Does the collection have its own curator?Is it insured?Would you say yhat at any time it has aided the investment decision making process?
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