Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Do we have any stock market junkies?
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="Wheel Gun" data-source="post: 2058442" data-attributes="member: 19286"><p>Well, in the past, one could flee to precious metals. But even that doesn't work anymore. So many people have invested in gold over the last five years, it doesn't work as the inflation hedge as it should. Now, people are treating gold and silver like big piggy banks. When the markets plummet (over Europe or some Fed statement or technical signal), people start yanking money out of gold to cover themselves and metals plungs right along with equities. For the first time that I can remember, gold prices fall and rise in concert with the overall market. It's not supposed to do that.</p><p></p><p>And, since I'm on my soap box, here's another factor that's making it really hard for the small investor. Prior to the last few years, the markets were focused on private sector firms that were behaving (or not behaving) profitably. None of that really matters any more. It's all about government actions now. Companies and sectors that are in political favor are expected to get government money so they're worth more. Sectors that are disfavored won't be getting government money (in the form of handouts, stimulus, favors, etc) and any publicly traded company in that sector is viewed as a loser--regarless of whether they're making money or not. Profitability and market leadership isn't nearly as important as fiscal spending. Watch what sends the Dow up. It's signals from the Fed that free money is coming. It's remarkable how quickly Wall Street bought into the promises from Washington.</p><p></p><p>I've just almost run out of ideas. Maybe I should just buy carbon credits.</p></blockquote><p></p>
[QUOTE="Wheel Gun, post: 2058442, member: 19286"] Well, in the past, one could flee to precious metals. But even that doesn't work anymore. So many people have invested in gold over the last five years, it doesn't work as the inflation hedge as it should. Now, people are treating gold and silver like big piggy banks. When the markets plummet (over Europe or some Fed statement or technical signal), people start yanking money out of gold to cover themselves and metals plungs right along with equities. For the first time that I can remember, gold prices fall and rise in concert with the overall market. It's not supposed to do that. And, since I'm on my soap box, here's another factor that's making it really hard for the small investor. Prior to the last few years, the markets were focused on private sector firms that were behaving (or not behaving) profitably. None of that really matters any more. It's all about government actions now. Companies and sectors that are in political favor are expected to get government money so they're worth more. Sectors that are disfavored won't be getting government money (in the form of handouts, stimulus, favors, etc) and any publicly traded company in that sector is viewed as a loser--regarless of whether they're making money or not. Profitability and market leadership isn't nearly as important as fiscal spending. Watch what sends the Dow up. It's signals from the Fed that free money is coming. It's remarkable how quickly Wall Street bought into the promises from Washington. I've just almost run out of ideas. Maybe I should just buy carbon credits. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Do we have any stock market junkies?
Search titles only
By:
Top
Bottom