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Gold or Google?
WACoinGuy
Posts: 1,110
Both have been on fire lately -- both are over $400. The question is, one year from today, which do you think will be worth more, one share of Google or one ounce of gold?
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I like GOLD
but we all know I ain't the saltiest cracker in the box
``https://ebay.us/m/KxolR5
Google will remain strong for a while; it is one very aggressive and innovative company.
Just my stupid opinion
<< <i>I sold the rest of my goog yesterday
Good move. GOOG's up to $445 today.
<< <i>
<< <i>I sold the rest of my goog yesterday
Good move. GOOG's up to $445 today. >>
If he sold it to buy Gold it was a great move and he's far ahead of Google.
<< <i>Google shows us that the average stock "player" learned nothing from the .com crash. >>
Is Google a typical 90s .com, or is it more like Microsoft circa 1986? I don't know the answer, but I'm willing to play the game for a little while in the chance of the latter.
He said GOOG is "on the verge of creating its own ecosystem."
I havent heard anything like that since late 1999.
Knowledge is the enemy of fear
google's main reason for existing, their search engine, is not as good as it
used to be. There is much more competition, for example http://clusty.com.
I could easily live and use the internet without even caring about google anymore.
I could not say that two years ago when my choices were fewer.
Can someone please name a way google makes money besides through advertising?
Please do not mention their search appliance because most feel that is not enough
revenue.
I truly think there is too much money around, so much so, people are willing to
speculate on something that appears to be a flash in the pan.
Do no evil huh? right...
<< <i>I predict a $150 drop in Google in 1 year. >>
That wouldn't bother me so much. I'd still be ahead.
<< <i>They are way over priced. Short Google and Buy Gold. Gold will be at $625 in 1 year. >>
I'm guessing Google at $550 by December 31, 2006; and Gold at $475. Yes, I said "guess". I make no predictions; I have no real idea.
<< <i>Do no evil huh? right... >>
Over time, I have come to really dislike Google. Years ago I was one of their bigger supporters.
They've become a bit too full of themselves. I suspect they are due for a hard fall both financially and in terms of image.
I believe it will be well deserved when it comes.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
<< <i>
<< <i>I sold the rest of my goog yesterday
Good move. GOOG's up to $445 today. >>
GOLD!
SO, uh, Bob, you gonna jump on the bandwagon and buy some google stock?
TorinoCobra71
<< <i>SO, uh, Bob, you gonna jump on the bandwagon and buy some google stock? >>
Already in at sub-$300. Not selling anytime soon.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
<< <i>Over time, I have come to really dislike Google. Years ago I was one of their bigger supporters. >>
That's just weird. You wanted them to become successful, but once they did, you didn't like them? What, exactly, were you expecting?
I don't know about the whole "do no evil" stuff, but I do see them getting their talons into just about every aspect of computing. That's a big market, and it would not surprise me at all if Microsoft whithers and Google rages all through the next decade. Or not. It could go either way. I don't mind -- I'm diversified.
<< <i>What's the P/E ratio of Google? >>
blood temp
98.6
but, hey, todays investors don't look at those things anyway.
<< <i>
<< <i>What's the P/E ratio of Google? >>
blood temp
98.6
but, hey, todays investors don't look at those things anyway. >>
Sounds like a bargain to me!
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I heard a stock analyst is saying $800 a share is possible for Google in the next year. My opinion of coin dealers is downright positive when compared with my opinion of stock analysts.
<< <i>
<< <i>Over time, I have come to really dislike Google. Years ago I was one of their bigger supporters. >>
That's just weird. You wanted them to become successful, but once you did, you didn't like them? What, exactly, were you expecting?
I don't know about the whole "do no evil" stuff, but I do see them getting their talons into just about every aspect of computing. That's a big market, and it would not surprise me at all if Microsoft whithers and Google rages all through the next decade. Or not. It could go either way. I don't mind -- I'm diversified. >>
It seems to me that they have changed from their original creedo. Perhaps it was all a lie to begin with.
Around the time they began releasing their own surreptitious spyware hiddden in G-mail and their toolbars while maintaining their pure intent, I began to see an ominous change.
MS is who they are, they make no bones about it. Google seems to think they can get away with a facade of goodness while doing just the opposite behind the curtain. I find that contemptable. MS isn't going to "whither" and if Google keeps tugging on Superman's cape, they may find out that they should have remained content with a big slice of the pie instead of thinking they could take the main course as well. I know they are releasing their own operating system and are going to market cheap PCs with it through Wal-Mart. Going with junk PCs could quickly taint them. I still remember the E-machines.
Bonding with Wal-Mart isn't going to score them any points from a PR standpoint either.
JMO.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
<< <i>I know they are releasing their own operating system and are going to market cheap PCs with it through Wal-Mart. Going with junk PCs could quickly taint them. I still remember the E-machines.
Bonding with Wal-Mart isn't going to score them any points from a PR standpoint either. >>
The Wal-Mart/Google alliance story turned out to be not true. Both companies have denied any deals.
Experience the World through Numismatics...it's more than you can imagine.
And gold is a barbaric relic and if you don't believe it, just listen to Maria Bartiromo.
<< <i>
<< <i>I know they are releasing their own operating system and are going to market cheap PCs with it through Wal-Mart. Going with junk PCs could quickly taint them. I still remember the E-machines.
Bonding with Wal-Mart isn't going to score them any points from a PR standpoint either. >>
The Wal-Mart/Google alliance story turned out to be not true. Both companies have denied any deals. >>
That's news to me, must be recent.
Still, what about the OS and cheap PCs?
Denials from both sides? Hmmm, I suppose time will tell.
Still, there is no doubt about the hidden spyware. If more people knew about that, things might change. I suspect their image is going to suffer in the future.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
<< <i>Still, there is no doubt about the hidden spyware. If more people knew about that, things might change. I suspect their image is going to suffer in the future. >>
Oh yes, it's really quite interesting when you look at how Google and Microsoft address privacy concerns. Microsoft has to be very careful where it treads -- any slip-up and they're accused of being evil or breaking their antitrust deal. Google takes many more liberties with privacy issues and people don't seem to mind because their enamored with Google.
BTW, for those of you keeping track, check out this chart comparing the prices of Google to gold over the past 3 months. Google seems to be gaining ground on Gold since this poll started. In relative terms, it looks like GOOG has advanced farther than Gold, though Google still has a little ways to go before it passes Gold.
Around that same time frame, there was a thread where I sold some of my Goog to buy CLCT at 15.53... I bought 50 shares ... as it began sliding I began buying more til it bottomed out around 12. So now, I own 4 shares of Goog at 407, and 350 shares of CLCT at an avg cost of 13.07.
I bought every commemorative unc gold and commemorative proof gold since 2002 that the mint has put out, plus several $5 Dollar Indians and a few Gold bullion coins along the way. It's all a game. Stupid or not, at least I have fun playing
ching ching .......ya win some and ya lose some !
I am only "re-posting" in this thread as I see my first post was "COPIED" and commented on
``https://ebay.us/m/KxolR5
ANYONE WHO HAS USED GOOGLE EARTH knows what I mean. If you havent go download the 20MB free version and see for yourself. They have compiled all of their sattelite images into an interactive world map. You can overlay any information you could possibly want from roads to schools, restaraunts (which can be further broken down into Pizza, Chinese, Mexican...etc.) even crime statistics.
Google Earth is a very bold program that has almost infinite potential to grow. This program alone would be enough to carry a company for a while. Anyone wanting to compete would first have to buy all the rights to the sattelite images. Anyways, check it out for yourself. Google may have started as a search engine but they are much more than that now. I wouldnt be surprised it Google is around, going strong for some time to come..
Knowledge is the enemy of fear
<< <i>Man, GOOG's gettin' hammered today! Might go sub-$400 before the day's out. OUCH! >>
I just bought some today. IMHO, it's a totally irrational reaction to the Yahoo disappointment a few days ago. GOOG is announcing their results on Jan-31, and I believe they will have stolen some market share from YHOO. The fundamentals for online advertising are incredibly strong - the prices for advertisers are 10X to 20X lower than offline, and the advertising budgets are trailing consumer usage (i.e., advertisers spend disproportionally higher share of their ad $ offline than is warranted by the share of users' media time).
I'm going to ride this roller coaster till February.
Robert A. Heinlein
<< <i>I'm going to ride this roller coaster till February. >>
If you're only around until February, you should investigate the options market. There's 10x the money to be made there than in just the stock itself.
Gold, is high, but can be higher. We saw that in the early 80's, and it might be happening again. But gold can as easily go down in the next year again. What will happen is hard to guess, there are many, many factors to count in when making a guess....
So, I would buy 1 share of Google instead on share of Gold....
Dennis
Like VOC Numismatics on facebook
GOOG may make one more attempt for a new high, then it will be dead money for the next 10 years.
Knowledge is the enemy of fear
But it's good you're interested in history and economics.
"Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9
"Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might." -Deut. 6:4-5
"For the LORD is our judge, the LORD is our lawgiver, the LORD is our king; He will save us." -Isaiah 33:22
Robert A. Heinlein
<< <i>Yahoo is the real winner long term. Buy Yahoo. >>
You mean that as a stock or as a company (in the sense that it's possible for a very good company to have an overpriced stock which is a poor investment)?
Robert A. Heinlein
This new investigation from the Feds about porn users is just a start, As is usual in these types of Internet companies the insiders are selling billions of dollars in stock, and have been over the last 18 months. In the end Google will be trading below $100 and the public will yet again lose billions gambling in the stock market, buy some nice gold coins and leave this Google deal alone.
roadrunner
<< <i>GOOG back up 21 points today. If you bought on Friday, congrats. >>
I did. I'm up $650 so far. Not bad for a w-e's work... As you said, I should have bought options, but I'm not set up for that.
The big swings are going to be in the first few days of Feb (GOOG releases their quart. numbers on Jan-31).
Robert A. Heinlein
tech bust eh?
since when was investing meant to buy and sell within a week(s)?
so, you have 100 shares of google. you get in an accident and
cannot manage your stocks for a few months due to a coma.
you wake up and find you have lost everything.
give me gold thanks.
<< <i>ah speculation at its finest. >>
No, it's my money, and it's a reasonable % of my net worth. Gamble maybe, speculation no.
<< <i>making up for losses in the last tech bust eh? >>
What I lost in the last tech bust was due to my deciding to hold on my stock grants instead of selling. That was a mistake (I was working for a dotcom - one of those that have survived, I might add).
<< <i>since when was investing meant to buy and sell within a week(s)? >>
I haven't sold, but in any case, taking advantage of sharp moves by the market is, IMHO, a perfectly legit way to trade. It's the first time I do that, but the opportunity was compelling.
<< <i>so, you have 100 shares of google. you get in an accident and cannot manage your stocks for a few months due to a coma. you wake up and find you have lost everything. >>
Or that the stock has gone up twofold, and that you doubled your investment. In any case - what's your point? In my investing strategy, the risk of my getting in an accident and spending a few months in the coma is pretty heavily discounted, as it should be for anyone (unless you have a specific medical condition).
<< <i>give me gold thanks. >>
I have gold too, and index funds for that matter - I'm pretty well diversified (except no real estate for the moment). In fact, I just added to that a beautiful set of 1998 Britannia. I paid $50 over spot, so not a screaming deal for 1.85 ounce, but those are just too pretty.
Robert A. Heinlein
<< <i>give me gold thanks. >>
This is not an either/or situation. I have gold, and I have GOOG. It doesn't matter so much to me which one "wins" -- I'll win either way. I also have other stocks, some very boring mutual funds, a pile of cash in a money market account, and real estate with rental income. I'm not a rich man by any means, but I've saved and invested agressively for 25 years. I wouldn't bet my life savings on GOOG, but I have no problem picking up a little to play with.