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/sci/ - Science & Math

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2823475 No.2823475 [Reply] [Original]

Do any /sci/fags invest their savings? If so, what's your market outlook, and what is your investing history like?

I'm looking forward to a global commodity bull market over the next 30 years, with bouts of deflation and financial instability.

I've doubled my money in the last year, because I'm a baller. I hope I can double it again this year, but we'll see.

Also leave your predictions.

>> No.2823481
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2823481

Stop making threads about your stupid silver investment

>> No.2823484

>>2823481
Did you more than double your money, last year?

>> No.2823487

china creates the new global currency.

silver is the new gold
copper is the new silver
gold is the new copper

>> No.2823498

>>2823487
I think china is probably not half of the emerging market picture.

>silver is the new gold
arguable
>copper is the new silver
what?
gold is the new copper
>ummm no.

Or are you just being really metaphorical? I'm thinking in terms of demand for the metals.

>> No.2823499

I just started getting into the whole stock market thing. Not investing much at the moment, more of a hobby currently. Still have some stuff to learn.

I'm mostly into technical analysis.

>> No.2823508

>>2823499
I'm mostly into fundamental analysis.
I don't have time to trade, and I just took a financial models class, which got me to think about how hard trading actually is.

Buy-and-hold is my philosophy.

>> No.2823516

>>2823498
it doesn't matter what percentage china is of the emerging market. the us was never more than half the market, and yet it dominated global markets.

as for metals, i mean price wise. when china is setting currency standards, the price of gold will be nil to zilch.

>> No.2823524

China doesn't have nearly as much economic strength as you paranoid Americans think. China has taken a temporary lead over the undeveloped world in a process of industrialization that started with the end of the cold war, the average person in Mexico is twice as wealthy than the average person in China, India's GDP growth rates now match China's, South America and South Africa are 50% wealthier per person and also have high growth rates, all of these countries may not oppose the decline of US dominance but they are all democratic. China is the poster boy for economic competition to the developed world's manufacturing and service economy but in reality they would be gang raped politically by the world's democracies if they ever started swinging their dicks around.

>> No.2823531
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2823531

>>2823524
>mfw he doesn't know the difference between economic growth and current wealth levels

>> No.2823537

>>2823516
It does matter if you're looking for returns. If you miss out on half the market, you miss out on half of the diversification, and possibly half of the potential opportunities.

>> No.2823576
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2823576

>> No.2823584

question to you economics people out there did any of your fancy prediction software predicted the double of silver prices in hte past half a year or something

all you need to know: silver mines are running out, silver is vital as a catalyst for making tons of base chemicals, which in turn are needed to create virtually everything you see around you (at least some part of it)

if you can buy actual silver, not a piece of paper saying silver on it, expect it to be worth money (of whatever form) in the coming decade

>> No.2823588

>>2823584
Some did, some didn't. But then if you have 5000 soothsayers making predictions eventually one of them is going to be right.

>> No.2823608

>>2823588
True, but what matter is actually making money.
It doesn't matter how you found a soothsayer who was right, only that you did.

>> No.2823619

>>2823484
I started last year with 2 pennies, I now have 10 pennies.

HOW U LIEK THAT HUH? QUINTUPPLED MY SAVINGS BITCH. MOTHERFUCKING RATIOS, MINES BIGGER THAN YOURS.

>> No.2823620

according to warren buffet, anyone should be able to double their money each year. Until you hit about 1 million dollars. At that point your portfolio is too big to move quickly enough.

>> No.2823630

>>2823584 actual silver instead of paper saying silver,

Thats pretty much the only reason silver is going up. There is more paper saying silver than there is silver. So the brokers are getting killed everytime someone goes to collect.

Most likely someone will pass a law making silver illegal to keep in bar form, and then the prices will plummet as demand ceases to exist.

>> No.2823639

>>2823630

>making silver illegal to keep in bar form

If this was going to happen, it would have happened to gold first.

>> No.2823675

the point i was trying to make is silver has many industrial uses that consume it (not destroy the actual atoms of course, but contamined it or render it too dilute too recover)

i don't get the numbers on hand, but a quick internet search should show you that only a small portion of silver is actually used in investment bullions
this is what is the big differnence between gold and silver there gold does not have enough actual usefull uses to justify its value

and if they make it illegal to have physical sliver how are they gonna sell it from mine to factory, once agian this is not gold

>> No.2823712

>>2823639
Did happen to gold. About 80 years ago

>> No.2823736

>>2823630
lol.

this is fucking hilarious, keep pretending silver is gold, china will switch the prices on you soon enough

>> No.2823827

>>2823675
I dont know about today, but 20 years ago we used a lot of gold in electronics

>> No.2823850

>>2823827
if gold price were based solely on industrial use, and was not used for currency or jewelry at all, it would be in the $1-$5/oz range.

>> No.2823857
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2823857

>>2823499

>technical analysis

stock prices follow a random walk w/ no drift dumb dumb

>> No.2823884

>>2823850
Probably a bit higher than that. Gold has many uses that are no feasible do to cost. If the prices plummeted suddenly people would start using gold for other things, raising prices again.

>> No.2823896

>>2823884
you may be correct, that price was based on current industrial usage.

>> No.2823904

>>2823896
Of course I might be out of date, for all I know they've made plenty of cheaper better materials than gold