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#1
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Oil stocks and metals are down buy or not ?
Oil stocks and metals are down today is it a good opportunity to buy ? opinions please.
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2010 ML350 Bluetec 2012 Mustang Convertible |
#2
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Bet on Black, errr, no Red, yeah . . . but whatever you do, don't get into Chinese forestry investments like John Paulson.
Paulson Dumps Investment Paulson, who made a fortune on a short bet against subprime mortgages, has been burned by the scandal. Sino-Forest has shed over $4 billion in market capitalization since the beginning of June. "Due to the uncertainty over Sino-Forest's public disclosures and financial statements, we have sold our stock and await the results of the independent committee's investigation," a spokesman for Paulson & Co said in an e-mail on Monday. Paulson's Advantage Plus fund, one of the $38 billion firm's largest, fell 13 percent in the first two weeks of June, partly due to the plunge in Sino-Forest's share price. While it wasn't immediately clear how much Paulson lost on the sale, his 14.1-percent stake in Sino-Forest would have been worth $897.4 million at the end of March. The same stake would be worth just $94.8 million at Monday's closing price. An $802M "bath" would be quite a soaking. |
#3
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I've been buying some physical silver while it's down... the prices will start to fly back up around the time QE3 begins...
Don't try to play physical silver like a stock... you'll lose your shirt 9 times out of 10...
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All it takes for evil to prevail is for good men to stand by and do nothing. Too many people tip toe through life, never attempting or doing anything great, hoping to make it safely to death... Bob Proctor '95 S320 LWB '87 300SDL '04 E500 wagon 4matic |
#4
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I get all my stock advice from random car forums. Never done me wrong.
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CENSORED due to not family friendly words |
#5
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There are 2 year Greek bonds with a 29% return.
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#6
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Now THAT sounds like a lead into a bad joke! Something along the lines of, "Your assets will be safe with us". |
#7
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I wish SRJ were around. Skid, if you can read this, we miss you buddy.
Is he in the penalty box right now?
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Ben 1987 190d 2.5Turbo |
#8
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Mining stocks are probably a good way to go. I have a lot of Freeport MacMoran, which I bought for the dividends. If you looking for good long term investments, stuff like that should be a good way to go.
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles |
#9
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I know you're joking, but, sadly, advice on a car forum may be about as good as any you will get from a broker . . .
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" We have nothing to fear but the main stream media itself . . . ."- Adapted from Franklin D Roosevelt for the 21st century OBK #55 1998 Lincoln Continental - Sold Max 1984 300TD 285,000 miles - Sold The Dee8gonator 1987 560SEC 196,000 miles - Sold Orgasmatron - 2006 CLS500 90,000 miles 2002 C320 Wagon 122,000 miles 2016 AMG GTS 12,000 miles |
#10
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SRJ can only tout 1 stock advice, BRKA/BRKB, the stock he claims he has/had. There is no other rabbit in the hat. He is not here to defend himself, so be nice.
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Not MBZ nor A/C trained professional but a die-hard DIY and green engineer. Use the info at your own peril. Picked up 2 Infractions because of disagreements. NOW reversed. W124 Keyless remote, PM for details. http://www.peachparts.com/shopforum/mercedes-used-parts-sale-wanted/334620-fs-w124-chasis-keyless-remote-%2450-shipped.html 1 X 2006 CDI 1 x 87 300SDL 1 x 87 300D 1 x 87 300TDT wagon 1 x 83 300D 1 x 84 190D ( 5 sp ) - All R134 converted + keyless entry. |
#11
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Buy the dips. You're better off buying now than you were last week.
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1985 380SE Blue/Blue - 230,000 miles 2012 Subaru Forester 5-speed 2005 Toyota Sienna 2004 Chrysler Sebring convertible 1999 Toyota Tacoma |
#12
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You got to know when to hold 'em, know whet to fold 'em
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#13
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Copper is up I think
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1998 C230 330,000 miles (currently dead of second failed EIS, yours will fail too, turning you into the dealer's personal human cash machine) 1988 F150 144,000 miles (leaks all the colors of the rainbow) Previous stars: 1981 Brava 210,000 miles, 1978 128 150,000 miles, 1977 B200 Van 175,000 miles, 1972 Vega (great, if rusty, car), 1972 Celica, 1986.5 Supra |
#14
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Who needs a bloomberg terminal when you got this thread?
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CENSORED due to not family friendly words |
#15
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About 50 years ago the thought was that one ounce of Gold was equal to ten bbls of oil. That would put the price of Gold at $910 if this were still the case.
It could be headed there again. Old Q-Daffy in Libya is sitting $14 Billion worth of Gold that he might be selling off to support his attempts to stay in power. That will put even more downward pressure on Gold. |
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