Termyn8or
Posts: 18681
Joined: 11/12/2005 Status: offline
|
$500 ? That isn't shit today, it is far too little to play with the sharks in the stocks game. Of course if you can get an account with that amount I would say that shorting Haliburton stock sometime in mid 2009 might be a good idea. There is six grand in the safe, and there is stays because I don't think anything out there is good enough. I might short some of tricky Dicky's stock in 2009, not sure. Nothing is going to work short term except for tools or hoarding something that is about to rise in price. That's actually what the futures market is, but you just play it on a small scale. Gasoline or petrol is probably a good idea, but not right this minute in the US. However buying tanks in which to store it might be good. Plastic underground tanks are dirt cheap, but require a secure site. At $500 you just need to buy things that are worth alot more than the price. Stay away from boats, and unless you are a competent mechanic, try not to go into cars. At $500 even getting into the car game is difficult. I could teach you how to play poker for $500 :-) The only thing that is really rock solid is silver. But that is not short term. I can almost guarantee that you will make money on silver, but not enough short term. What's more you will probably shoot yourself for selling it too early. I know alot about how things work and how they are manufactured, and after recieving some more recent information, I believe silver is by far the best investment. While short term gain is sluggish, silver is poised to go through the roof within a decade, but it could happen as early as four years from now. This is the gamble you take. How long can you do without that money ? All CM members, take note. I will let you in on this because I consider you friends, even those of you who hate me. Silver is the best investment period. What I read recently compared silver's uses, rate of extraction and refinment from the Earth and other factors. My conclusion is based on hard fact. That conclusion is that gold is imbued with a value beyond the intrinsic. Right now, the cost of silver is pretty much it's intrinsic value. Gold's intrinsic value has not really changed, except for it's adoption as a standard and the subsequent hoarding. Gold also has alot of uses in non-essential industry, such as jewelry. But then gold, as well as silver does have uses in essential industry. However silver has more, and there is alot less of it than you think. Silver is not considered as precious, but that is people's mistake. When you compare the reserves and costs, and all the other factors, I can say with quite a bit of assuredness that silver will shoot to ten times it's curent cost in ten years. And friends, believe it or not, that is NOT the time to sell it ! As essential industry grows to meet the needs of an ever expanding population, and reserves dwindle, there is a chance to make a whole hell of alot of money. I think in ten years the price will be at least eight times what it is now, but the next eight years will bring even better returns. When the time comes, that is where my money is going. I think we might have a real good ride for at least fifteen years, after that industry and business will respond. They will have no choice. They will either find more silver, or they will find an alternative. Hmmmm, I wonder what that alternative might be, don't you ? I have some ideas....... One last little nail in the coffin of proof : There are metals which already cost more than gold. How is that possible ? You know. Platinum, palladium and uranium come to mind. God forbid they ever find anything of value on my property, they fight wars over elements. Elements, of which gold and silver are among, cannot be made, period. Other minerals are the same, they simply cannot be made. I believe that eventually all metal will be precious. Silver is next, take the ride. I plan to. T
|