Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 Wish I had a snow day Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 Gold is down 15% in the last 6ish months and the stock market is up about 10%...but keep acting like you know what you are talking about. The facts are right there for anyone to see. Gold is at $1500 an ounce and silver is at its highest since 1980. Link to comment Share on other sites More sharing options...
Guest Cash is king Posted April 20, 2011 Report Share Posted April 20, 2011 The facts are right there for anyone to see. Gold is at $1500 an ounce and silver is at its highest since 1980. And that means don't buy it. Buy it when its at it's lowest in 30 years... Buying it now would be like buying a house in Vegas round 2008. Top dollar, top of the market, no gains. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 And that means don't buy it. Buy it when its at it's lowest in 30 years... Buying it now would be like buying a house in Vegas round 2008. Top dollar, top of the market, no gains. You are a true genius of the financial world. You should be a czar on 0bama's staff. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 You are a true genius of the financial world. You should be a czar on 0bama's staff. He probably is. He's the one that encouraged Obama to use taxpayer money to buy shares of GM. Selling them now would mean an 11 billion dollar loss. http://online.wsj.com/article/SB10001424052748703916004576271382418887092.html?mod=e2tw# Or they could wait and watch those losses climb higher as those Chevy volts catch fire. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 He probably is. He's the one that encouraged Obama to use taxpayer money to buy shares of GM. Selling them now would mean an 11 billion dollar loss. http://online.wsj.com/article/SB10001424052748703916004576271382418887092.html?mod=e2tw# Or they could wait and watch those losses climb higher as those Chevy volts catch fire. Funny, I thought the TARP program that bailed out GM was initiated by the previous administration. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 Funny, I thought the TARP program that bailed out GM was initiated by the previous administration. The TARP program under Bush actually has had their loans paid in full, with interest. The taxpayer actually made money. Adding a loser investment like GM to the list was done under the Obama administration. But you already knew that. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 The TARP program under Bush actually has had their loans paid in full, with interest. The taxpayer actually made money. Adding a loser investment like GM to the list was done under the Obama administration. But you already knew that. I didn't know Obama was president in December 2008. Gee - you are smart. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 I didn't know Obama was president in December 2008. Gee - you are smart. Obviously much smarter than someone who thinks a $13.4 billion tarp loan that was paid back by the company is the same thing as handing over $50 billion dollars and owning a significant share of that company to later be sold at a loss. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 Welcome back Carter. $5 a gallon in D.C. http://www.upi.com/News_Photos/view/f772b5b1f31e2af83d29d52d228dd553/Gas-prices-continue-to-rise-in-Washington/ Do I hear $6? Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 Obviously much smarter than someone who thinks a $13.4 billion tarp loan that was paid back by the company is the same thing as handing over $50 billion dollars and owning a significant share of that company to later be sold at a loss. When was the stock sold at a loss? Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 Welcome back Carter. $5 a gallon in D.C. http://www.upi.com/News_Photos/view/f772b5b1f31e2af83d29d52d228dd553/Gas-prices-continue-to-rise-in-Washington/ Do I hear $6? One gas station. Wow. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 When was the stock sold at a loss? It hasn't. Unfortunately, holding something that's worth 11 billion dollars less today than it was when you bought it is a losing proposition. Especially given the stock's downward momentum. If you're stupid enough to think that this stock will be held long enough to recoup the loss, then you'd make a good czar. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 It hasn't. Unfortunately, holding something that's worth 11 billion dollars less today than it was when you bought it is a losing proposition. Especially given the stock's downward momentum. If you're stupid enough to think that this stock will be held long enough to recoup the loss, then you'd make a good czar. How much was it worth when it was "bought"? Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 How much was it worth when it was "bought"? Look up the initial offering price and figure it out yourself. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 20, 2011 Report Share Posted April 20, 2011 $6 a gallon by summer! http://www.cnbc.com/id/42683030 Link to comment Share on other sites More sharing options...
Guest Guest Posted April 21, 2011 Report Share Posted April 21, 2011 Awesome! Maybe then people will start using less. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 21, 2011 Report Share Posted April 21, 2011 Awesome! Maybe then people will start using less. That would be great! We can all turn in our current vehicles for the great chevy Volt at the cost of 41K! Now there's a plan! Link to comment Share on other sites More sharing options...
Guest Guest Posted April 21, 2011 Report Share Posted April 21, 2011 That would be great! We can all turn in our current vehicles for the great chevy Volt at the cost of 41K! Now there's a plan! Do you always think in extremes? Link to comment Share on other sites More sharing options...
Guest Guest Posted April 21, 2011 Report Share Posted April 21, 2011 Do you always think in extremes? Too high or too low, there ain't no in betweens. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 21, 2011 Report Share Posted April 21, 2011 Awesome! Maybe then people will start using less. That's like saying maybe our government will start spending less. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 21, 2011 Report Share Posted April 21, 2011 I see - you live in a very narrow mindset and other possibilities are things that never enter your mind. Good for you. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 21, 2011 Report Share Posted April 21, 2011 We need to drill our own oil and add more refineries. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 21, 2011 Report Share Posted April 21, 2011 Please stop complaining about something you have power to control. Link to comment Share on other sites More sharing options...
Guest Guest Posted April 21, 2011 Report Share Posted April 21, 2011 And what will that solve and for how long? Do you know how the price of oil is determined? Link to comment Share on other sites More sharing options...
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