Dow Jumps More Than 400 Points! - Page 13 - Mercedes-Benz Forum

Reply
 
LinkBack Thread Tools Display Modes
post #121 of 437 (permalink) Old 03-15-2008, 03:35 PM
Surely A Large Human
 
Qubes's Avatar
 
Date registered: Jun 2006
Vehicle: '08 C219
Location: Between Earth and Mars
Posts: 34,253
Mentioned: 2 Post(s)
Quoted: 493 Post(s)
Lifetime Premium Member
^ It could also prove that precious metals could be a very attractive long-term investment...but you think they're stupid & foolish, so that must be the case. Charts and facts are for pessimistic losers, right?
Qubes is offline  
Sponsored Links
Advertisement
 
post #122 of 437 (permalink) Old 03-15-2008, 03:47 PM Thread Starter
BenzWorld Elite
 
Jayhawk's Avatar
 
Date registered: Aug 2005
Vehicle: S500/W220/2000
Location: Lawrence, KS (USA)
Posts: 21,652
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
(Thread Starter)
Quote:
Originally Posted by QBNCGAR View Post
^ It could also prove that precious metals could be a very attractive long-term investment...but you think they're stupid & foolish, so that must be the case. Charts and facts are for pessimistic losers, right?
Isn't it a little early to be that messed up? Dope or booze?? Or both??

Don't believe everything you think
Jayhawk is offline  
post #123 of 437 (permalink) Old 03-15-2008, 08:13 PM
430
BenzWorld Elite
 
Date registered: Oct 2002
Vehicle: SLK32, ML430
Location: Atlanta, GA
Posts: 6,349
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
Could be a good investment on the other hand purchasing near the top is always a bad idea in my book. So man other, better places to put your money.
430 is offline  
post #124 of 437 (permalink) Old 03-15-2008, 09:21 PM
~BANNED~
 
Jakarta Expat's Avatar
 
Date registered: Aug 2006
Vehicle: PM me to Join the Expat Muslims for Obama Club........
Location: Jakarta, Indonesia
Posts: 17,697
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
Quote:
Originally Posted by Jayhawk View Post
I recall that. The chart from two days ago just provides a good visual representation of what you said.

Actually the investment in gold/silver was quite logical as they tend to follow the price of oil. All of us here know that oil is not just linked to transpotation needs but as well production needs of many every day items. Hence the wholesellers/reailers were going to have to pass these costs on and Inflation had to kick in at some point.

On the other hand once Bernanke, Paulson and Bush figure out that the value of the dollar is directly linked to the price of oil and costs at the pump and other items then I will look at hoping a 90 minute flight over to Singapore and dump all of my metal holdings. It's been a decent run.

I am getting a couple of recommendations now to either go directly in the Brazilian Stock Market or at least buy the Brazilian Real (their currency). Any thoughts on this Mr. Bear?
Jakarta Expat is offline  
post #125 of 437 (permalink) Old 03-15-2008, 09:22 PM
~BANNED~
 
Jakarta Expat's Avatar
 
Date registered: Aug 2006
Vehicle: PM me to Join the Expat Muslims for Obama Club........
Location: Jakarta, Indonesia
Posts: 17,697
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
Quote:
Originally Posted by 430 View Post
Could be a good investment on the other hand purchasing near the top is always a bad idea in my book. So man other, better places to put your money.
Depends on where the top is...........
Jakarta Expat is offline  
post #126 of 437 (permalink) Old 03-15-2008, 09:29 PM Thread Starter
BenzWorld Elite
 
Jayhawk's Avatar
 
Date registered: Aug 2005
Vehicle: S500/W220/2000
Location: Lawrence, KS (USA)
Posts: 21,652
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
(Thread Starter)
Quote:
Originally Posted by Jakarta Expat View Post
Actually the investment in gold/silver was quite logical as they tend to follow the price of oil. All of us here know that oil is not just linked to transpotation needs but as well production needs of many every day items. Hence the wholesellers/reailers were going to have to pass these costs on and Inflation had to kick in at some point.

On the other hand once Bernanke, Paulson and Bush figure out that the value of the dollar is directly linked to the price of oil and costs at the pump and other items then I will look at hoping a 90 minute flight over to Singapore and dump all of my metal holdings. It's been a decent run.

I am getting a couple of recommendations now to either go directly in the Brazilian Stock Market or at least buy the Brazilian Real (their currency). Any thoughts on this Mr. Bear?
Bloomberg.com: Latin America

Don't believe everything you think
Jayhawk is offline  
post #127 of 437 (permalink) Old 03-15-2008, 09:47 PM
430
BenzWorld Elite
 
Date registered: Oct 2002
Vehicle: SLK32, ML430
Location: Atlanta, GA
Posts: 6,349
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by Jakarta Expat View Post
Actually the investment in gold/silver was quite logical as they tend to follow the price of oil. All of us here know that oil is not just linked to transpotation needs but as well production needs of many every day items. Hence the wholesellers/reailers were going to have to pass these costs on and Inflation had to kick in at some point.

On the other hand once Bernanke, Paulson and Bush figure out that the value of the dollar is directly linked to the price of oil and costs at the pump and other items then I will look at hoping a 90 minute flight over to Singapore and dump all of my metal holdings. It's been a decent run.

I am getting a couple of recommendations now to either go directly in the Brazilian Stock Market or at least buy the Brazilian Real (their currency). Any thoughts on this Mr. Bear?

My Brazilian investments are continuing to do very well.

As far as the price of oil the biggest driver is the traders and speculaters. They are driving the cost much more than the farmers, plastic manufactuerers, trucking companies, etc.
430 is offline  
post #128 of 437 (permalink) Old 03-15-2008, 09:48 PM
430
BenzWorld Elite
 
Date registered: Oct 2002
Vehicle: SLK32, ML430
Location: Atlanta, GA
Posts: 6,349
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by Jakarta Expat View Post
Depends on where the top is...........
You are correct but I would venture we are much closer to the top than we are to the bottom.

There is still money to be made but the potentail down side is much greater than the upside.
430 is offline  
post #129 of 437 (permalink) Old 03-15-2008, 09:56 PM
~BANNED~
 
Jakarta Expat's Avatar
 
Date registered: Aug 2006
Vehicle: PM me to Join the Expat Muslims for Obama Club........
Location: Jakarta, Indonesia
Posts: 17,697
Mentioned: 0 Post(s)
Quoted: 3 Post(s)
Quote:
Originally Posted by 430 View Post
My Brazilian investments are continuing to do very well.

As far as the price of oil the biggest driver is the traders and speculaters. They are driving the cost much more than the farmers, plastic manufactuerers, trucking companies, etc.

Yes they are factoring in to it but the demand from India, China and then with OPEC is going to try and ride this gravy train with their rhetoric and not increase production. I have read that the house of Saud has an additional 2 to 3 milllion barrels a day of production just sitting on the back burner but they are too busy collecting the bucks and buying US assets right now to flip that production switch.............
Jakarta Expat is offline  
post #130 of 437 (permalink) Old 03-15-2008, 10:01 PM
430
BenzWorld Elite
 
Date registered: Oct 2002
Vehicle: SLK32, ML430
Location: Atlanta, GA
Posts: 6,349
Mentioned: 0 Post(s)
Quoted: 0 Post(s)
Quote:
Originally Posted by Jakarta Expat View Post
Yes they are factoring in to it but the demand from India, China and then with OPEC is going to try and ride this gravy train with their rhetoric and not increase production. I have read that the house of Saud has an additional 2 to 3 milllion barrels a day of production just sitting on the back burner but they are too busy collecting the bucks and buying US assets right now to flip that production switch.............

You are 100% correct increased demand from India and China are helping to drive prices and it is just not the house of Saud. Opec is milking the situation and the fact that the rest of the world does not have the balls to step up and talk to them like a man. Until the world gets serious about weaning itself from fossil fuels Opec will have us by the short hairs.

One of the greatest days in the history of man will be the day that the last oil tanker leaves the mideast. Lets just hope this is sooner rather than later (although I am not holding my breath).
430 is offline  
Sponsored Links
Advertisement
 
Reply

  Mercedes-Benz Forum > General Mercedes-Benz Forums > Off-Topic

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Mercedes-Benz Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











  • Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
     
    Thread Tools
    Show Printable Version Show Printable Version
    Email this Page Email this Page
    Display Modes
    Linear Mode Linear Mode



    Similar Threads
    Topic Author Forum Replies Last Post
    Fox to buy Dow-Jones GHM Off-Topic 7 05-02-2007 02:38 AM
    Dow takes a dump FeelTheLove Off-Topic 0 03-13-2007 03:32 PM
    The Dead Duck Dow ends year in the red. FeelTheLove Off-Topic 35 01-04-2006 10:06 AM
    DOW < 10k mzsmbs Off-Topic 24 10-16-2004 10:03 AM
    OK, if Dow keeps doing the same tricks I might as well forget the '04 SLK :-[ MAX R170 SLK-Class 14 02-06-2002 04:27 PM

    Posting Rules  
    You may post new threads
    You may post replies
    You may not post attachments
    You may not edit your posts

    BB code is On
    Smilies are On
    [IMG] code is On
    HTML code is Off
    Trackbacks are On
    Pingbacks are On
    Refbacks are On

     

    Title goes here

    close
    video goes here
    description goes here. Read Full Story
    For the best viewing experience please update your browser to Google Chrome