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Twitter or Gold?

renman95renman95 Posts: 7,037 ✭✭✭✭✭
Explain which and why in less than 140 characters.

Comments

  • MilesWaitsMilesWaits Posts: 5,338 ✭✭✭✭✭
    Tweeting is the future.

    Gold is the past, present, and future.

    Twerking is catching fire.
    Now riding the swell in PM's and surf.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,254 ✭✭✭✭✭
    all that twitter's is told.
  • cohodkcohodk Posts: 19,069 ✭✭✭✭✭


    << <i>all that twitter's is told. >>



    Brilliant.image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • Justin beiber and other mental midgets tweet, Ill take the PM
    "I'm dropping my standards so that I can buy more"
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    Neither.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I will stick with gold....... Twit's never interested me...far too many of them around.....image Cheers, RickO
  • I don't tweet, but wouldn't mind owning some shares, Would I sell gold to buy any? No.
  • Coins101Coins101 Posts: 2,602 ✭✭✭


    << <i>I will stick with gold....... Twit's never interested me...far too many of them around.....image Cheers, RickO >>



    image
  • johnny9434johnny9434 Posts: 28,259 ✭✭✭✭✭


    << <i>I will stick with gold....... Twit's never interested me...far too many of them around.....image Cheers, RickO >>

    image
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,254 ✭✭✭✭✭
    image
    image
    Today's gold is tonight's tweet.
  • ProofCollectionProofCollection Posts: 6,043 ✭✭✭✭✭
    Like asking oranges or apples? Paper or plastic?
  • bronco2078bronco2078 Posts: 10,193 ✭✭✭✭✭


    twitter tanked

    Does anyone know anyone that uses twitter? I was thinking about it today and while I hear idiots on TV talking about tweeting all the time I don't know a soul that uses it personally.

  • jrt103jrt103 Posts: 419 ✭✭✭
    twitter = today's version of myspace

    gold = gold forever
  • I was watching CNBC at the close today. When the results first came out it immediately popped up on the after hours market. $2.00, $3.00, $4.00, $6.00! Then it quickly turned and dropped to even just as quick and soon it was going negative. I think it ended up at an $8.00 loss after-hours. So somebody paid $14.00 more than what they could have bought it for about a 1/2 hour later!

    Successful BST deals with mustangt and jesbroken. Now EVERYTHING is for sale.

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>twitter tanked

    Does anyone know anyone that uses twitter? I was thinking about it today and while I hear idiots on TV talking about tweeting all the time I don't know a soul that uses it personally. >>



    I used Twitter for about 6 months. Still occasionally to get news updates. That is about it.

    Half novelty and half useful. The novelty half though always seems to fade.
  • cohodkcohodk Posts: 19,069 ✭✭✭✭✭
    Twitter darn near doubled. What did gold do?
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>Twitter darn near doubled. What did gold do? >>



    Maintained wealth, as it has always done.
  • cohodkcohodk Posts: 19,069 ✭✭✭✭✭
    Maintained? Perhaps when compared to the US dollar, but we all know how we feel about US dollars. Gold certainly did not maintain value vs TWTR.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>Maintained? Perhaps when compared to the US dollar, but we all know how we feel about US dollars. Gold certainly did not maintain value vs TWTR. >>



    Depends what ones goals are. Those who favor bubbles and bought gold at $1500 plus have obviously taken a hit. Collectors and stackers with longer term objectives are doing quite well.

    One can go to a casino and triple their money in a night if they are lucky. They can also lose everything. Neither example makes visiting a casino a better investment than gold.
  • cohodkcohodk Posts: 19,069 ✭✭✭✭✭
    Another reference to investing and gambling. No wonder so many fail to outperform.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>Another reference to investing and gambling. No wonder so many fail to outperform. >>



    So buying shares in a company at 35 times revenue and negligible earnings is an investment rather than a gamble? Certainly one can profit on this type of crapshoot (oops, sorry), but clearly the risk is significant to say the least.
  • BAJJERFANBAJJERFAN Posts: 31,075 ✭✭✭✭✭
    down 25% right now.
    theknowitalltroll;
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    My gold is still good..... and will continue to be.... image Cheers, RickO
  • cohodkcohodk Posts: 19,069 ✭✭✭✭✭


    << <i>

    << <i>Another reference to investing and gambling. No wonder so many fail to outperform. >>



    So buying shares in a company at 35 times revenue and negligible earnings is an investment rather than a gamble? Certainly one can profit on this type of crapshoot (oops, sorry),

    but clearly the risk is significant to say the least. >>



    Of course, and so is the reward. The stocks that usually give the greatest rewards are those you described above. That doesnt make it gambling. Some may argue that buying PMs is gambling on the future destruction of the dollar and world economies.
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,772 ✭✭✭✭✭
    all spent money is a gamble. That $2,500 flat screen might be $2,000 next month. That $35 steak might make you sick. That $50,000 car might get you killed.

    The biggest gamble with spent money is that it might all be a waste.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>The stocks that usually give the greatest rewards are those you described above. >>



    Until valuations become absurd. Twitter's revenues must expand tenfold to get the price/revenue ratio to 3.5 to 1. Even then the stock would be expensive. Noodles (NDLS) is a great example. With 200 restaurants, they were trading at a 200 PE. I explained to friend who was interested in the stock IPO that the chain would need to expand to 2000 stores at the same margin to get to a reasonable PE.

    Fortunately he passed.

    Every asset has a low price, a fair price, a high price and an absurd price.

    Buying at absurd prices rarely is successful.

  • cohodkcohodk Posts: 19,069 ✭✭✭✭✭
    Until valuations become absurd.

    Of course. But if you have the opportunity to double your money in 3 months or 5 years, which would you choose?

    Or, apparently silver at $40+ was an absurd price? Or maybe buying silver is gambling?

    Im so confused. image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭


    << <i>Explain which and why in less than 140 characters. >>



    the 3-word question is like asking, "cotton candy or steak?" with no other context.

    my answer is, "a little bit of one, and quite a bit of the other"

    Liberty: Parent of Science & Industry

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>Until valuations become absurd.

    Of course. But if you have the opportunity to double your money in 3 months or 5 years, which would you choose?

    Or, apparently silver at $40+ was an absurd price? Or maybe buying silver is gambling?

    Im so confused. image >>



    Silver was absurd (in my opinion) above $30. It went well beyond the cost of production at that level. (I stopped actively buying at $27 or so).

    I have no interest in trying to double my money in 3 months. Folks who got into Twitter and Amazon in the last 10 days learned a hard lesson.
  • cohodkcohodk Posts: 19,069 ✭✭✭✭✭
    I have no interest in trying to double my money in 3 months.

    I do!!

    Investors in GLUU or MTRX do as well. image
    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭


    << <i>I have no interest in trying to double my money in 3 months.

    I do!!

    Investors in GLUU or MTRX do as well. image >>



    Fair enough, but that is not investing. It is gambling! image
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