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Diamonds and Tuxedos Glamour, elegance, and sophistication. That's what it's all about here in ECCIE's newest forum which caters to those with expensive tastes, lavish lifestyles, and an appetite for upscale entertainment.

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Old 04-29-2011, 10:54 PM   #1
oden
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Default If I had a little extra money.

Where would I put it now.
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Old 04-30-2011, 06:42 AM   #2
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Hobbywise?
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Old 04-30-2011, 05:49 PM   #3
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Investment wise.
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Old 04-30-2011, 06:04 PM   #4
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Gold & gold stocks
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Old 04-30-2011, 07:29 PM   #5
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seriously... where would be good place? interest rates are almost zilch. national debt is pushing down the US dollar, which in turn makes the gas and other imports more expensive.
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Old 04-30-2011, 08:17 PM   #6
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I want gold in one hand. Lead in the other. Right WTF?
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Old 04-30-2011, 09:22 PM   #7
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Quote:
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Where would I put it now.
This is more than a little openended

I hear this is a good time to get in on Royal Wedding memoribilia
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Old 05-01-2011, 10:27 AM   #8
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Just give it all to me and I will take care of it for you. Lol.
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Old 05-01-2011, 04:04 PM   #9
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Well Oden, you did ask for investment advice on a SHMB. I would think from the heights of Asgard you would be giving us investment advice. Or should we ask Loki?
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Old 05-01-2011, 06:49 PM   #10
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To borrow a phrase from Htowner: Put it in your 4ho1K.

I'm in gold and petro stocks now along with some international funds. Will bail out of certain petro stocks as gas prices rise and their earnings ceiling approaches. Trying to avoid any long term CDs and Bonds. Don't think the dollar will 'collapse' but it will continue to be devalued and interest rates and inflation will rise.
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Old 05-01-2011, 08:06 PM   #11
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If you want to play with currencies (not for the faint of heart) I would guess that Canadian Dollars are a prudent investment vis a vis US Dollars; same with Australian Dollars. Currencies can do strange things but over the short-medium turn CAD and AUD should continue to get stronger vis a vis USD.
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Old 05-04-2011, 01:15 AM   #12
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I think oil company stocks are not a bad place to be right now. Oil won't be effected much by a declining dollar. I don't expect a dollar "collapse" but there may be some continuing downward pressure on the dollar and unlike gold, there is actually a real demand for oil, and one that will grow as the economy comes back in the next several years. I see oil back at $150/bbl. in the not too distant future.

Of the major oil companies right now, I like Total, Exxon, Petrobas, (and maybe BP) in that order.
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Old 05-04-2011, 07:07 AM   #13
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Originally Posted by Marcus Aurelius View Post
I want gold in one hand. Lead in the other. Right WTF?

Copper stocks have been a way better play than gold. Glenn Beck and Fox News are leading their followers to the Neatherlands for a history lesson in Tulip speculation. It will not be pretty for holders of gold.

Lead has been selling like crazy to crazies at gun shows ever since Obama was elected.
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Old 05-04-2011, 02:12 PM   #14
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Quote:
Originally Posted by WTF View Post
Copper stocks have been a way better play than gold. Glenn Beck and Fox News are leading their followers to the Neatherlands for a history lesson in Tulip speculation. It will not be pretty for holders of gold.

Lead has been selling like crazy to crazies at gun shows ever since Obama was elected.
Gun ownership is crazy?????

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Old 05-04-2011, 03:58 PM   #15
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I've been recycling lead long before Obama was heard of.


I just hoard more of it now so if need be I know where it is.
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