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Which new coin this year (2009) do you think is the best investment?
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<p>[QUOTE="Vess1, post: 517129, member: 13650"]This is one danger that I see right now. The stock market has gotten SO bad that you can get several shares in many large companies for the price of the average McDonald's value meal now. </p><p><br /></p><p> What happens next will probably be one of two extremes. Either things turn around and we return to some sense of normalcy. At which point, there's easy opportunities to make fortunes in the markets right now. Which is as big a gamble as anything right now. </p><p><br /></p><p> Or, things don't turn around. In which case we could be in for very tough times for a long time. It's hard to predict. I don't see what can possibly change in our economy to bring back the good old days. We were headed in this direction for the last 20 years or more. We just keep losing a half million jobs a month. What used to generate GDP for us is gone and won't be magically reappearing to replace all these millions of jobs. At best, people will be under-employed again.</p><p><br /></p><p> The stimulus could artificially inflate the economy I suppose. The market may start going back up. As they say, people may dump their bullion assets in mass to catch the upswing and gold and silver could nose dive. For only a short time, I believe. Until reality hits again.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 517129, member: 13650"]This is one danger that I see right now. The stock market has gotten SO bad that you can get several shares in many large companies for the price of the average McDonald's value meal now. What happens next will probably be one of two extremes. Either things turn around and we return to some sense of normalcy. At which point, there's easy opportunities to make fortunes in the markets right now. Which is as big a gamble as anything right now. Or, things don't turn around. In which case we could be in for very tough times for a long time. It's hard to predict. I don't see what can possibly change in our economy to bring back the good old days. We were headed in this direction for the last 20 years or more. We just keep losing a half million jobs a month. What used to generate GDP for us is gone and won't be magically reappearing to replace all these millions of jobs. At best, people will be under-employed again. The stimulus could artificially inflate the economy I suppose. The market may start going back up. As they say, people may dump their bullion assets in mass to catch the upswing and gold and silver could nose dive. For only a short time, I believe. Until reality hits again.[/QUOTE]
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Which new coin this year (2009) do you think is the best investment?
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