I would love to again have some rabbits and chickens, a goat and maybe a pig, I already grow a garden and love picking fresh out of the garden vegi's.
River
I would love to again have some rabbits and chickens, a goat and maybe a pig, I already grow a garden and love picking fresh out of the garden vegi's.
River
He who would trade liberty for some temporary security, deserves neither liberty nor security.
Your representative owes you, not his industry only, but his judgment; and he betrays instead of serving you if he sacrifices it to your opinion.
Edmund Burke
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Today...I like gold and silver better. Both are up, while the stock market is down another 100 points. Oil is above $100/barrel, which bodes ill for the economy and for the stock market. The prices of gold and silver, however, tend to go up with an increase in the price of oil.
Actually, out of 27 stocks in my IRA, only 5 are down today, even though the stock market is down 100 points. Of course, most of those stocks are commodity type stocks, gold, silver, oil, etc. The only stock down by as much as a dollar is a software ETF.
There is nothing good or bad but thinking makes it so.
Slammr
Re: Moi's Money's Worth
As no one wants to play, dueling fake portfolios,
this thread might be explorations of investment discussions.
So what should Moi do to maintain his money's worth. Understand we do not wish to take part in buy / sell strategies but rather, buy and have faith that like GOLD, it will be worth more when needed then when purchased.
Recently purchased REMX is down 1% from purchase price of 25.
http://finance.yahoo.com/q?s=remx&ql=1
So "what me worry"? BTW rare earths are not rare, just troublesome to mine some say, referencing mines in California and Idaho.
UMH
http://finance.yahoo.com/q?s=umh&ql=1
purchased at $10.21 is up .75% since purchase.
And the considerations of the day, initiated by Slammr
MOO,a wonderful ticker for agri-business
http://finance.yahoo.com/q?s=moo&ql=1
and his standard favorite
http://finance.yahoo.com/q?s=SLW&ql=0
The comparison charts of SLW and MOO are amazingly parallel for the last two years as opposed to Microsoft MSFT which compares as flat.
Maybe MOO because FOOD is the Precious Metals of the future?
Moi
Help Moi invest wisely.
It is the 21st Century.
It is all about MOI.
NO, not Toi!
MOI!
There are quite a few such investment competitions on the web. There's one on The Well every year. Do a Google search on "investment competitions," and you'll see many.
Re: Moi's Money's Worth
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So far, 12PM PST, MOO is up .34%, MSFT is up .04%, and SLW is up 2.14%. If that's an indication, you should have gone with SLW.
SLW should rise or fall with the price of silver, so keep that in mind. If you think the price of silver will continue to rise, it's not a bad place to be, since it can rise even on a bad Market day.
I don't have anything invested in MOO, but I like the stock, and I'll probably add it to my IRA next month. It's a commodity play in a way, but it tracks the companies that are vital in the production of food rather than tracking the commodities themselves, such as corn.
There is nothing good or bad but thinking makes it so.
Slammr
Re: Moi's Money's Worth
Holding off on MOO
looking into other Agri Conglomerates.
Suggestions?
Did purchase SLW today.
Surprised my stock man suggested I sell off some of my GLD and spread my investment more as Silver is depressed compared to the historic Gold/Silver ratio. Somethings gotta move.
This is all IRA cash money as was collecting nada for decades and loosing value. May as well roll the investment dice and possibly loose more then just comparative value.
Moi
Thanks to all who help Moi maintain his Money's worth.
Remember:
It is the 21st Century.
It is all about MOI.
No, not Toi!
MOI!
Since MOO iS an ETF that tracks companies rather than actual food commodities, it's also more likely to track the stock market. I like it, but I'm going to watch it for a while before deciding to buy it. With everything happening in the Middle East, I don't want something that's going to be affected by a stock market decline.
I'm not selling GLD, but I'm not buying it either. I am adding more SLW to my IRA each month. SLV is a silver ETF similar to GLD, but I like SLW better, and I like silver better than gold
There is nothing good or bad but thinking makes it so.
Slammr
Re: Moi's Money's Worth
How about Agri-business?
Not buying wheat futures but still, wheat, beef, eggs, and onto the profit wagon of famine.
Moi
The gears of capitalism are greased with the blood of the workers. Pass the grease brush![]()
Here's a more speculative trade worth a look.
Right now, the Federal reserve buys about 70% of US Treasury debt; foreign interests buy much of the rest. The current round of Quantitative Easing (the Fed initiative to buy Treasuries) will end officially on June 30. No one knows just what will happen then, but unless the Fed starts QE3, it's a fair guess that demand for Treasuries will shrink, even though fewer will be issued, meaning yields will rise and prices fall. Soon might be the right time to short Treasury ETFs. I like IEF - the iShares Lehman 7-10 Year Treasury Bond Fund. Short IEF at least a month before June 30, then be ready to close your position soon after.
Re: Moi's Money's Worth
If I understand your words correctly,
Bob3 believes prices will stabilize and even start to drop this Summer so, commodities will go down in dollar price.
Correct? Please
Moi
Wanted: The Bob3-Slammr Fund
No. Sorry, Moi. Not what I said or meant.
Talking about US government debt and likely interest rate changes.
Stock prices may well fall this summer, or before. A surge in bond yields would be a contributing factor.
Commodities, however, are a global market, beyond the ability of the US government to control. Declining demand for Treasuries implies declining demand for US dollars, and that means higher commodity prices and worsening inflation.
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