Money moves 5 doomsayers are making now

SAN FRANCISCO (MarketWatch) — They are sentries at the stock market’s wall of worry, warning investors to prepare for another epic crash for debt-laden economies.

Source MW

Instead, increasingly optimistic buyers have pushed the Dow Jones Industrial Average above 13,000

After all, what’s a doomsayer to do when it seems everything — even Europe — is rallying? Do you stand your ground in cash, or join the crowd and closely eye the exit?

So ATS what you all think of this?

I would buy silver. like physically hold it. I would buy land. I would not hold onto cash since it is uncertain which will be made to fall first the Euro or the Dollar. The next step would be the other but it would give you enough time to liquidate some assists into tangible holdings.

Gold will be illegal to hold in more than small quantities. I would try and get silver troy ounce coins. As many as possible since I think silver will shoot up in worth. I would buy diamonds. I would invest in portable wealth.

The turnaround once the dust settles will be catastrophic for most, but some will have their wealth more than quadrupled.

IMO. I have no expertise in this area but listen to my customers who do.

Buy silver... real silver... not a certificate... not some plated crap on television... get the real deal...

The commodities markets are being driven low for a reason... the crash is coming... as soon as the first domino goes the rest will go in rapid succession...

Or keep believing everything is fine... look at the stock market... it's going to just keep going up... like tech stocks... like housing... like my blood pressure every time some idiot says to me "well they said on the news"...

So if they were to make gold illegal to hold in large quantities, why wouldnt they make silver illegal to hold in large quantities?

Cheers

In the event of doomsday, it doesn't matter very much what the doomsdayers do with their money.

Hello everyone

Having lurked around ATS for the past several years I have now taken the giant leap of faith and joined a group (ATSers) who I strongly believe in all honesty to be on my wavelength length in all manners of thought process. Sure I continually witness those who can be vindictive and somewhat rude and nasty with their answers and opinions, but so can anyone including myself. However I will refrain from such actions on this site as I believe the many good, faithful and truly constructive people on this site far outweigh the few who wish to cause harm and disrepect their fellow ATSers.

I am not sure how this site works still with respect to being a member and finally being able to air my views which have always been hidding, waiting to be unleashed, eating and to some extent suffocating my daily life. Any and all guidance and assistance would be very much appreciated to assist me with settling in.

I have entered on this thread as it is one of the overiding factors which conflict me on a daily basis. We have as a relatively young family, not a lot but enough money accumulated in the bank which through my own doing sits iddle, albeit gaining a miniscule amount of interest. I am always looking for ways of increasing its worth through investment opportunities, business proposals, land and other investments however have never taken the risk through fear of loss. My wife and I work extremely hard and are in a position where a huge percentage off our monthly earnings go into savings, but for what?

The fear is growing ever greater and I have suggested that we remove all our funds and hide it so as not to be Cyber money when the crash happens, of which I stongly believe it will, but have it physical and with us to use in cases of emergency.

I am a firm believer that all is linked, and have read countless threads of war, financial collapse, impending doom which in my eyes are all catastophs with global reach, affecting every single person on the planet. Their is something brewing and has been in my eyes for a good 10 years or so, and the higher powers, top Government worldwide know of this fate that will be bestowed on us.

I'm not panicking and feel very prepared in myself to deal with any and all eventualities that will occur, however as a kind and caring person of our community would wish good and protection for my family and everyone around me including you guys. That is what I worry about the most....

One thing that really eats my brain at the moment is the fact that the G8 summit has been moved from Chicago to Camp David under Pres Obamas orders. The pure fact what better way to get the most Powerful group of leaders in the world to a secure and very Private location to go through the final preparations for what is about to be the biggest shock the world has ever witnessed?

Anyways your welcome and assistance will be gratefully appreciated and this hopefully begins the start of thedogsblogocks on ATS.

Warm hearted feelings my felow friends

thedogsblogocks

reply to post by thedogsblogocks


Please look at how far back these economic doomsdayers have been predicting their end of the economy.

And yet the world goes on.
If you pull your money out of the bank you will experiencing a tried and true saying.
A fool and his money will soon be parted.

Quit believing this eco-crap.

I just checked it goes back to 2004 on this site. The sky is falling! the sky is falling!
BS

In light of current conditions politically and economically, I believe one of the best things a person could do right now is start setting up and getting involved in a network of barter exchanges.
If TSHTF and/or TPTB decide to go with a cashless society (as Sweden has already) Barter Exchanges will become an indispensable resource for many, as well as a potentially profitable business opportunity.
Just my .02

Originally posted by samkent
reply to post by thedogsblogocks

 

Please look at how far back these economic doomsdayers have been predicting their end of the economy.

And yet the world goes on.
If you pull your money out of the bank you will experiencing a tried and true saying.
A fool and his money will soon be parted.

Quit believing this eco-crap.

I just checked it goes back to 2004 on this site. The sky is falling! the sky is falling!
BS

edit on 23-3-2012 by samkent because: Date check

`

Anyone got Kool Aid?

Ta