SO lets hear some ideas... Where do you put your money?

[robbie380]

Quote from Nofear777:

Some very interesting ideas.

Very interesting idea about those etf's. BUT.... can you realy trust etf's? If you trust the etf's do you also have to trust who is backing them?

etfs can be trusted...etns cannot.

 

[TraderZones]

Quote from Nofear777:

Under a mattress?

In the dollar? I dont think so

gold? hmm maybe but probably not.

Assets? nah

Europe? double nah


Where is the safe haven? Lets brainstorm and come up with some ideas.

I bought some yen/dollar back at 90 but realy dont want to chase it.



Maybe the pound sterling?


That island looks alot like the other island east of china.

well... what are your ideas?

Palladium. ETFs, bullion, futures. Look at the current price and chart

Lookup palladium on wikipedia and see the uses...

 

[Aok]

gold, guns, and bullets.

 

[peilthetraveler]

Rhodium is down about 85% from july. Its starting to look like a buy. Was 10,000 per ounce in july. Now its around 1600 or so. If it ever gets to 500, I would stockpile it because its almost guaranteed to go up 4 to 10 fold within 5-10 years as Rhodium always has great fluctuation over a long period of time. If you buy at the right time, ever since the 70s it would always go up at least 4 fold and then come down 80 or 90% and then go back up and down.

 

[dont]

Is there a future on Rhodium?

 

[kowboy]

Quote from robbie380:

i think a mix of the pst (ultrashort 7-10 treasuries) and tbt (ultrashort 20+ year treasuries) is pretty intriguing for a longer term play. the risk seems pretty limited with all of the debt the u.s will need to issue and with rates being close to all time lows.

I'm wondering how safe these are since there are credit swaps used to implment the positions and rely upon counter parties for contractual performance.

I'm reading the prospectus and the risks inolved include

ProShares UltraShort Lehman 7-10 Year Treasury
is subject to the following principal risks:
• Aggressive Investment Technique Risk, Correlation
Risk, Counterparty Risk, Credit Risk, Debt Instrument
Risk, Interest Rate Risk, Inverse Correlation
Risk, Investment Company and Exchange Traded
Fund Risk, Liquidity Risk, Market Price Variance
Risk, Market Risk, Non-Diversification Risk,
Portfolio Turnover Risk, Short Sale Risk and Valuation
Time Risk.

 

[short&naked]

Quote from kowboy:

I'm wondering how safe these are since there are credit swaps used to implment the positions and rely upon counter parties for contractual performance.

I'm reading the prospectus and the risks inolved include

ProShares UltraShort Lehman 7-10 Year Treasury
is subject to the following principal risks:
• Aggressive Investment Technique Risk, Correlation
Risk, Counterparty Risk, Credit Risk, Debt Instrument
Risk, Interest Rate Risk, Inverse Correlation
Risk, Investment Company and Exchange Traded
Fund Risk, Liquidity Risk, Market Price Variance
Risk, Market Risk, Non-Diversification Risk,
Portfolio Turnover Risk, Short Sale Risk and Valuation
Time Risk.

Indeed. Gold ETFs carry similar risks. In my opinion I think that the ETF explosion is a bit worrisome.

Unlike physical gold bullion which is held in personally allocated storage, the investor will only become a general creditor if an ETF provider went into liquidation. Gold ETFs are a form of debenture.

During an economic crisis GETF assets may be subject to a compulsory purchase by governments. Following Executive Order 6102 of 1933 and the Gold Reserve Act of 1934 private gold ownership was outlawed in the United States for over 40 years.

 

[SCNinvestor]

Quote from AMT4SWA:

By the end of November, 70% of my entire liquid net worth will be transitioned to "tangible assets" (property, aircraft, long term supplies, etc). The rest of my liquid net worth will remain in physical gold and funds in trading/checking/saving accounts.

why is it so?

 

[short&naked]

Quote from robbie380:

etfs can be trusted...etns cannot.

It's not a matter of trust. ETFs carry a lot of risk. This is not something that most talk about.

 

[short&naked]

Quote from Nofear777:

Under a mattress?

In the dollar? I dont think so

gold? hmm maybe but probably not.

Assets? nah

Europe? double nah


Where is the safe haven? Lets brainstorm and come up with some ideas.

I bought some yen/dollar back at 90 but realy dont want to chase it.



Maybe the pound sterling?


That island looks alot like the other island east of china.

well... what are your ideas?

It also depends on how you define safe-haven. A safe-haven doesn't necessarily help you grow your wealth, but rather puts it into hybernation until the storm passes. People who held DM during the Weimar lost it all due to hyperinflation. Those who had property watched it drop dramatically in value during the 30s, however, they were able to recover their wealth during time of expansion (i.e. 1950s in Germany). But it can a long time to recover it!