100 Silver Eagles or 100 shares of General Motors.....?

MGLICKER · October 23, 2014 12:38AM

With a condition, you have to hold either for 5 years before selling.

GM is at $32 a share, you know what the eagles are worth.

derryb · October 23, 2014 12:41AM

no brainer, silver

OPA · October 23, 2014 12:49AM

No brainer....GM

MGLICKER · October 23, 2014 12:51AM

<< No brainer....GM

>>

I am with you OPA. Don't like the company or much that it represents today, but cannot ignore the current 50% price premium to the Eagles.

derryb · October 23, 2014 12:52AM

You did say five years, right?

MGLICKER · October 23, 2014 12:58AM

<< You did say five years, right?

>>

I think DC and the street keeps the dinosaur pumped up for a while. We'll see if it goes 5 years. it is one of those strange predictions where I hope that I am incorrect.

derryb · October 23, 2014 12:59AM

If it survives five years it will never end.

guitarwes · October 23, 2014 1:10AM

I'll take 160 Silver Eagles for the same price as your 100 shares of GM.

derryb · October 23, 2014 1:13AM

<< I'll take 160 Silver Eagles for the same price as your 100 shares of GM. >>

At least the ASEs can't go to zero.

bronco2078 · October 23, 2014 1:30AM

Do the GM's have the deadly exploding airbags? I want to know before I choose. Awww heck even if they don't , I'm sure there are 5 or 10 recalls on the way. I'll go with silver

mhammerman · October 23, 2014 1:44AM

I'll take the eagles all day long. Don't forget how easy it was for GM to flush all stock holders just a few years ago with just a keystroke and all the stockholders walked away with ZERO. That stock is so juiced and infused with fed money that there is probably no way in hell anyone could put a value on the company as a stand alone enterprise. The upbeat PR for GM in the face of multiple recalls seems to just drive the market higher for GM but for those of us that saw the movie, we know how it ends. Nobody flushes ASE's, they are never worth ZERO. It will be interesting to see if GM lasts five more years but those ASE's will still be rollin'...may I have another, please?

Edited for grammar.

MGLICKER · October 23, 2014 2:00AM

"""Don't forget how easy it was for GM to flush all stock holders just a few years ago with just a keystroke and all the stockholders walked away with ZERO."""

Nope. I won't forget the shareholder takedown. Same with K-Mart.

DrBuster · October 23, 2014 2:17AM

My wifes' 9 yr old Saturn is the last GM item that will ever be in our posession outside of a classic car of some sort or whatever is in our 401ks that we don't know about in a fund. The share/bondholder/union bailout thing put a horrible taste in my mouth. Eagles here.

MGLICKER · October 23, 2014 2:23AM

<< My wifes' 9 yr old Saturn is the last GM item that will ever be in our posession outside of a classic car of some sort or whatever is in our 401ks that we don't know about in a fund. The share/bondholder/union bailout thing put a horrible taste in my mouth. Eagles here. >>

I like your perspective. The old Saturns were nice cars, drove a 2002 the other day.

I am wavering and ask the OP for more time to make my decision.

TwoSides2aCoin · October 23, 2014 2:33AM

TSLA

Since the big 3 wiped out TUCKER

That's my 2 volt's worth.

DrBuster · October 23, 2014 2:37AM

<< 

<< My wifes' 9 yr old Saturn is the last GM item that will ever be in our posession outside of a classic car of some sort or whatever is in our 401ks that we don't know about in a fund. The share/bondholder/union bailout thing put a horrible taste in my mouth. Eagles here. >>

I like your perspective. The old Saturns were nice cars, drove a 2002 the other day.

I am wavering and ask the OP for more time to make my decision.

>>

She had her first one for 10+ years (only 80k on that) and my friend that bought it got another 6 out of it I believe, she doesn't put miles on them. Got her a 2006 vue in 05, I think she just topped 80k. Never had a problem with either...but GM..done....coming from someone who's family worked for Chevy for decades.

MGLICKER · October 23, 2014 2:47AM

<< Got her a 2006 vue in 05, I think she just topped 80k. Never had a problem with either...but GM..done....coming from someone who's family worked for Chevy for decades. >>

Got you beat. My friend has 45,000 on her 12 year old car.

Growing up in the Detroit area, I inhaled the stench of the smokestacks, corporate boardrooms and Solidarity House for nearly 40 years.

No love lost for that industry. At least Ford had the fortitude to avert bankruptcy.

Justacommeman · October 23, 2014 3:07AM

DrBuster · October 23, 2014 3:36AM

bronco2078 · October 23, 2014 3:40AM

<< 

<< Got her a 2006 vue in 05, I think she just topped 80k. Never had a problem with either...but GM..done....coming from someone who's family worked for Chevy for decades. >>

Got you beat. My friend has 45,000 on her 12 year old car.

Growing up in the Detroit area, I inhaled the stench of the smokestacks, corporate boardrooms and Solidarity House for nearly 40 years.

No love lost for that industry. At least Ford had the fortitude to avert bankruptcy. >>

I think I have you both beat I have an F250 that I work pretty hard every day that I bought brand new in 1989 that has almost 380,000 miles on it.

I also have a Bronco that I'm the second owner of that was born in 1978 and has just a tick over a half million miles on it.

I see no reason to get anything newer. Give me heat , lights , glass in the window holes and I'm content.

DrBuster · October 23, 2014 3:55AM

Oh I feel ya on that. My jeep has almost 200k on it, had it 14+ years, I do almost all work on it and don't plan on it going anywhere ever...even though it's getting tougher and tougher to climb in with a bad leg, ha!

OPA · October 23, 2014 5:03AM

Lets see....
in the last quarter ending 9/30...silver dropped 7% since June 30 & continues to "flat line"
GM earned 97 cents per share .. or $1.4 billion net.

btw.. I haven't owned a GM produced vehicle in 30 years....strictly a Ford connoisseur

bronco2078 · October 23, 2014 5:09AM

<< Lets see....
in the last quarter ending 9/30...silver dropped 7% since June 30 & continues to "flat line"
GM earned 97 cents per share .. or $1.4 billion net. >>

How many million shares of their own stock did they buy back though to get that number up to 97 cents? and how much in 5 10 and 30 year bonds did they write to do it with? How many years till the holders of those bonds get screwed?

OPA · October 23, 2014 5:16AM

<< 

<< Lets see....
in the last quarter ending 9/30...silver dropped 7% since June 30 & continues to "flat line"
GM earned 97 cents per share .. or $1.4 billion net. >>

How many million shares of their own stock did they buy back though to get that number up to 97 cents? and how much in 5 10 and 30 year bonds did they write to do it with? How many years till the holders of those bonds get screwed?

>>

You better get busy & start your research.

OPA · October 23, 2014 5:18AM

<< 

<< Lets see....
in the last quarter ending 9/30...silver dropped 7% since June 30 & continues to "flat line"
GM earned 97 cents per share .. or $1.4 billion net. >>

How many million shares of their own stock did they buy back though to get that number up to 97 cents? and how much in 5 10 and 30 year bonds did they write to do it with? How many years till the holders of those bonds get screwed?

>>

Sounds like a good project for you to undertake.

DennisH · October 23, 2014 5:21AM

GM stock.

bronco2078 · October 23, 2014 5:59AM

<< 

<< 

<< Lets see....
in the last quarter ending 9/30...silver dropped 7% since June 30 & continues to "flat line"
GM earned 97 cents per share .. or $1.4 billion net. >>

How many million shares of their own stock did they buy back though to get that number up to 97 cents? and how much in 5 10 and 30 year bonds did they write to do it with? How many years till the holders of those bonds get screwed?

>>

Sounds like a good project for you to undertake.

>>

Off the top of my head didn't the US government buy GM shares at $50 and then sell them back to GM at $27 each? Thats a nice chunk right out of the taxpayers wallet there. Before we get to the part where GM borrowed the money to buy the shares back.

If they paid out of earnings for the shares they would have probably had an ugly EPS number

bretts911 · October 23, 2014 8:57AM

<< Do the GM's have the deadly exploding airbags? I want to know before I choose. Awww heck even if they don't , I'm sure there are 5 or 10 recalls on the way. I'll go with silver >>

You do realize that this new airbag recall bmw Honda Chrysler Toyota and so On have these same recalls as well right ?
I know because I work for General Motors and they just sent us a list of all the cars involved only 168k all involved in this new airbag recall unlike Honda where they recalled 2.8 million cars but I agree General Motors does have a ton of them but half of the recalls are just silly
...... The media hypes everything up
But I would go with gm shares because of the new vehicles they are coming out with like the new gmc cayon disel

OPA · October 23, 2014 12:08PM

All the Auto companies involved purchased the Air bags from the same manufacturer: Takata, and most of the recalls are for older vehicles. Newer models are not involved in the recall notice.
Below is a link for the vehicles involved.

Airbag recall list

CNote · October 23, 2014 1:38PM

The next car I want is going to be under the GM umbrella (but it will be used since it's no longer made) , mainly because Ford doesn't make a decent luxury car....

btw, I take the stock

LochNESS · October 23, 2014 3:33PM

<< All the Auto companies involved purchased the Air bags from the same manufacturer ... >>

I try to explain this to my friends when I hear them arguing about "the best car company" ... I learned this when I was shopping for a Ford Escape Hybrid two years ago (ended up buying a Kia Soul, BTW). Anyway I learned the hybrid engine in the Ford Escape was made by the same Japanese company that makes Toyota engines. When I told this news to my dad, who had been a staunch lifelong supporter of buying "American" vehicles, he nearly freaked. Two years later, he bought a Kia Soul because they are made about 1.5 hours from his house right here in GA, USA.

TwoSides2aCoin · October 25, 2014 2:39AM

MCM = $2099
100 GM = $3000.

I'll take the 3 grand and put it into _ _ _ _ . That's equal to about 30 shares.

HINT: ALI

johnny9434 · October 25, 2014 2:40AM

that was a no brainer 20 years ago. silver

Wingsrule · October 25, 2014 8:07AM

5 years, GM.

SaorAlba · October 25, 2014 8:50AM

All paper eventually returns to it's proper value - zero. Paraphrase from Voltaire.

Bochiman · October 25, 2014 8:59AM

Irrelevant question, particularly with the conditions set forth.

MGLICKER · October 26, 2014 1:43AM

<< Irrelevant question, particularly with the conditions set forth. >>

Without the condition the choice would certainly be easier.

bronco2078 · November 3, 2014 2:35AM

GM channel stuffing surges

As long as the dealers buy them who cares if the public does right?

chumley · November 4, 2014 8:54AM

take the 100 silver eagles....less chance of a recall

100 Silver Eagles or 100 shares of General Motors.....?

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