Facebook or Gold?

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renman95
renman95 Posts: 7,037 ✭✭✭✭✭
in Precious Metals
Just trying to stay ahead of the curve. image

For me, 'unfriend.' I'll stick with gold. I'll look at FB later this year.
«1

Comments

  • bluelobster
    bluelobster Posts: 1,223 ✭✭✭
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    I don't like FB at anywhere near this price now. If I want to speculate on gold now, buying a basket of junior miners would give one a potential bang for their buck so to speak, so that's probably where I would go.


    Of course sometimes cheap gets even cheaper.
  • GR
    GR Posts: 550 ✭✭
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    As a 19 year old who knows facebook, they keep going to timeline and doing silly junk and ads that turn us older kids away, bad investment potential, twitter is whats up
    Nathan Wagner
  • nibanny
    nibanny Posts: 2,761 ✭
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    I feel that FB will be very profitable in the short run (very short probably).
    But I know nothing about stock market, the only stock I bought was 15 years ago.
    The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,216 ✭✭✭✭✭
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    MCD served up a billion hamburgers
    FB is serving up a billion hot dogs.
    Gold doesn't serve up anything.
  • Justlooking
    Justlooking Posts: 2,895 ✭
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    I don't see anything that will make Facebook more valuable than it is now. It's time for the next big thing.
    Let's try not to get upset.
  • Twinturbo
    Twinturbo Posts: 493
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    As a previous employee with a bunch of stock...
    Gold
    As a matter of fact when it launches I sell, lol adios shares, hello greenbacks.
    I will invest the proceeds into diamonds though.
  • renman95
    renman95 Posts: 7,037 ✭✭✭✭✭
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    FB - .19
    Gold - +13.2
    (in dollar terms)
  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    Fadebook?

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • johnny9434
    johnny9434 Posts: 34,049 ✭✭✭✭✭
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    buy lead and food. jmo
  • Coins101
    Coins101 Posts: 2,603 ✭✭✭
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    << <i>buy lead and food. jmo >>



    Is lead connected to brass ok?
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,216 ✭✭✭✭✭
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    Facebook is a precious playground
    Gold is a precious metal.
    A cache of goods or services ?
  • roadrunner
    roadrunner Posts: 28,374 ✭✭✭✭✭
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    << <i>MCD served up a billion hamburgers
    FB is serving up a billion hot dogs.
    Gold doesn't serve up anything. >>



    There are no hamburgers, hot dogs, or Face Book shares in central bank vaults.....other than during lunch breaks. They do however hold a wee bit bit of gold.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • pitboss
    pitboss Posts: 8,643 ✭✭✭
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    Facebook is just a fad and anybody investing in it has more money than sense. It has no money in back of it to support it.
  • Timbuk3
    Timbuk3 Posts: 11,658 ✭✭✭✭✭
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    Gold !!!
    Timbuk3
  • golden
    golden Posts: 10,534 ✭✭✭✭✭
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    << <i>Facebook is just a fad and anybody investing in it has more money than sense. It has no money in back of it to support it. >>

    image
  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Gold ..... stocks (companies) rise and fall, come and go.....some investors do well, many do not. Gold will do well for the foreseeable future. Cheers, RickO
  • bronco2078
    bronco2078 Posts: 10,438 ✭✭✭✭✭
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    get ready for new features to be rolled out , tell me this is a joke.

    pay to post


    once it starts costing money to be on facebook that will be the peak if it hasn't peaked already.

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,216 ✭✭✭✭✭
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    Facebook, if you want to know what your neighbors and friends are up to. Gold, if you don't know what's up.
  • grip
    grip Posts: 9,962 ✭✭✭✭✭
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    << <i>Facebook, if you want to know what your neighbors and friends are up to. Gold, if you don't know what's up. >>



    Bingo...like i said all gossip
  • streeter
    streeter Posts: 4,312 ✭✭✭✭✭
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    I prefer the feeling of a twenty dollar gold piece in my hand rather than a data entry that says I own 50 shares of facebook.


    Have fun on farmville, I've got work to do.
    Have a nice day
  • mrearlygold
    mrearlygold Posts: 17,862 ✭✭✭
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    Gold

    Coin's for sale/trade.


    Tom Pilitowski
    US Rare Coin Investments
    800-624-1870

  • Mesquite
    Mesquite Posts: 4,075 ✭✭✭
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    What's Facebook?
    There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
    –John Adams, 1826
  • OnlyGoldIsMoney
    OnlyGoldIsMoney Posts: 3,575 ✭✭✭✭✭
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    Gold is available at a discounted price. I am adding more.

    Facebook's day in the sun will be short while gold is on a 3000 year winning streak.
    NO END IN SIGHT LIB $2.50'S CAC ONLY
    https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163

    March of Time - 27 Centuries in Gold
    https://coins.www.collectors-society.com/WCM/CoinCustomSetView.aspx?s=36590
  • DeepCoin
    DeepCoin Posts: 2,781 ✭✭✭
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    Amid all the hype, the market priced Facebook properly. The question remains, can they enhance their revenue streams from the exposure generated by the large number of users. I suspect they will, at least in the near term of 1 - 5 years. Facebook is not going away anytime soon. As to a comparison with gold, you can substitute any stock for the argument and most members who regularly post to this forum will take gold. It is just the bias of the readership and that is descriptive, not a pejorative view of the active members here.
    Retired United States Mint guy, now working on an Everyman Type Set.
  • WinPitcher
    WinPitcher Posts: 27,726 ✭✭✭
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    If the market priced FB fairly then why did the underwriters have to keep the price
    at 38.00 by buying up blocks of it during the day?
    Good for you.
  • DrBuster
    DrBuster Posts: 5,446 ✭✭✭✭✭
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    FB down 11% this morning already.
  • JCMhouston
    JCMhouston Posts: 5,306 ✭✭✭
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    Well Friday morning I bought 4 - 1/4 oz Maple Leafs at $1580/oz from a guy at the office, so I guess I voted with my wallet.
    JCM-Houston
    World Collection
    British Collection
    German States Collection
  • MsMorrisine
    MsMorrisine Posts: 40,036 ✭✭✭✭✭
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    CNBC reporting some are being told today they were allocated shares Friday, but didn't know it.


    GOLD could be happier today, too
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • GBurger717
    GBurger717 Posts: 575
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    Sorry but if you think FB was priced right at 38.00 YOU NEED TO GET YOUR HEAD OUT OF THE GLUE CAN!!! FB should be around 2-3 bucks at most... KEEP WATCHING .. IT WILL DROP AND DROP AND DROP... So since you think FB was priced right did you bet your house on it?

    WAKE UP PEOPLE
  • DrBuster
    DrBuster Posts: 5,446 ✭✭✭✭✭
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    I take it you have a short position and at least 3 different anger complexes.
  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    Appears FB can also ban members. image

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • MsMorrisine
    MsMorrisine Posts: 40,036 ✭✭✭✭✭
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    << <i>Appears FB can also ban members. image >>



    please
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • jmski52
    jmski52 Posts: 24,011 ✭✭✭✭✭
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    AOL was a great idea at first. Ebay was a great idea at first. Once they started trying to commercialize every breathing pore of those companies, they started their long tailspins downward. Facebook strikes me as exactly the same phenomenon.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • pitboss
    pitboss Posts: 8,643 ✭✭✭
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    Facebook is just part of the new generations way of communicating.

    It has no interest to most of the older generation as they have other interests,

    A lot of the younger folk have a lot of time on their hands so

    spend more time getting involved by putting all their personal info out there for the world to see.

    Not me!
  • 1970SilverArt
    1970SilverArt Posts: 482 ✭
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    << <i>I prefer the feeling of a twenty dollar gold piece in my hand rather than a data entry that says I own 50 shares of facebook.


    Have fun on farmville, I've got work to do. >>



    Yeah "0's" and "1's" on a computer screen are impossible to hold in your hand. I prefer to hold (and fondle) a silver art bar in my hand. image
    DISCLAIMER: I am NOT a '70's silver art bar expert but I try my best to play one on the Internet.
  • BigRick
    BigRick Posts: 1,334
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    image
    My Sets
  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    Gold in the long term... heck, even the short term....image Cheers, RickO
  • 57loaded
    57loaded Posts: 4,967 ✭✭✭
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    << <i>If the market priced FB fairly then why did the underwriters have to keep the price
    at 38.00 by buying up blocks of it during the day? >>



    i dunno if this matters but before the opening more shares were offered than reported/anticipated.
  • BAJJERFAN
    BAJJERFAN Posts: 31,659 ✭✭✭✭✭
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    << <i>

    << <i>If the market priced FB fairly then why did the underwriters have to keep the price
    at 38.00 by buying up blocks of it during the day? >>



    i dunno if this matters but before the opening more shares were offered than reported/anticipated. >>



    While I didn't get any FB shares thru the IPO, my broker/custodian was offering shares via a limit order at $38. I presume these were shares that others already owned and were part of the non-IPO offering.
    theknowitalltroll;
  • MsMorrisine
    MsMorrisine Posts: 40,036 ✭✭✭✭✭
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    other
    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Baley
    Baley Posts: 22,663 ✭✭✭✭✭
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    Here's the chart of FB vs GLD from the date of the OP 5-15-12 to present

    Liberty: Parent of Science & Industry

  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,216 ✭✭✭✭✭
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    Looking in my charts, I made 10% on FB before selling and that was below $30. I could kick myself, actually.
    I keep gold because metal is really my trade since years. Steel, aluminum, tin, copper, iron, etc...

    However... I really WISH I had kept the FB shares.
    Gold is fine. Diversifying the portfolio does make better cents.
  • derryb
    derryb Posts: 38,604 ✭✭✭✭✭
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    VXX or TBT. image

    Government is the great fiction through which everybody endeavors to live at the expense of everybody else. - Bastiat

  • Baley
    Baley Posts: 22,663 ✭✭✭✭✭
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    << <i>VXX or TBT. image >>



    Heh, we can play "this or that" all day long... or all year long: image

    Through 09/13/13
    Rank Prev Rank Rank Chg Total YTD % Chg
    1 1 0 66tbird 21,327 136.97
    2 3 1 calleocho 19,298 114.42
    3 2 -1 gosteelers 18,379 104.21
    4 4 0 cohodk 17,706 96.73
    5 5 0 Crazy4Coins 16,078 78.64
    6 8 2 tydye 14,956 66.18
    7 9 2 Baley 14,775 64.17
    8 6 -2 rawteam1 14,111 56.79
    9 7 -2 DrBuster 13,592 51.02
    10 13 3 Justacommeman 13,160 46.22
    11 10 -1 SlangNRox 12,949 43.88
    12 12 0 Barndog 12,654 40.60
    13 16 3 Tiggs2012 12,264 36.27
    14 11 -3 razzle 12,056 33.96
    15 14 -1 fishcooker 12,000 33.33
    16 17 1 zrlevin 11,489 27.66
    17 15 -2 Mesquite 11,449 27.21
    18 21 3 jfloomis3 11,246 24.96
    19 18 -1 mhammerman 11,142 23.80
    20 19 -1 pwrful4 11,091 23.23
    21 20 -1 gsa1fan 10,763 19.59
    22 23 1 Coulport 10,542 17.13
    23 25 2 mrpaseo 10,388 15.42
    24 22 -2 bgman 10,293 14.37
    25 27 2 Mercfan 9,756 8.40
    26 26 0 streeter 9,735 8.17
    27 28 1 Staircoins 9,666 7.40
    28 24 -4 Weather11am 9,614 6.82
    29 34 5 botanist 9,552 6.13
    30 29 -1 piecesofme 9,464 5.16
    31 35 4 epicjimi 9,276 3.07
    32 30 -2 secondrepublic 9,175 1.94
    33 31 -2 HalfStrike 8,667 -3.70
    34 33 -1 fastrudy 8,532 -5.20
    35 36 1 RedTiger 8,322 -7.53
    36 32 -4 OPA 8,170 -9.22
    37 38 1 nibanny 7,961 -11.54
    38 37 -1 renman95 7,907 -12.14
    39 40 1 bronco2078 7,828 -13.02
    40 39 -1 Spooly 7,820 -13.11
    41 41 0 biosolar 7,291 -18.99
    42 42 0 joefro 7,233 -19.63
    43 47 4 percyb 7,211 -19.88
    44 43 -1 Pokermandude 6,916 -23.16
    45 44 -1 ksammut 6,663 -25.97
    46 45 -1 DoubleEagle59 6,612 -26.53
    47 46 -1 SmallTownCoins 6,612 -26.53
    48 48 0 jmski52 6,473 -28.08
    49 50 1 Meltdown 5,672 -36.98
    50 49 -1 roadrunner 5,421 -39.77
    51 53 2 wayneme 4,982 -44.64
    52 51 -1 TWQG 4,810 -46.56
    53 52 -1 Metalsman 4,484 -50.18
    54 54 0 derryb 2,610 -71.00
    55 55 0 Overdate 359 -96.01
    56 56 0 Wingsrule 273 -96.97
    57 57 0 OperationButter 251 -97.21

    Liberty: Parent of Science & Industry

  • johnny9434
    johnny9434 Posts: 34,049 ✭✭✭✭✭
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    << <i>

    << <i>buy lead and food. jmo >>



    Is lead connected to brass ok? >>

    yes image
  • Coins101
    Coins101 Posts: 2,603 ✭✭✭
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    Yes, FB finally pulled up it's pants but it can drop just as fast.

    Look at .22 shell. Last year at this time you could buy bricks of 500 rds at $14.00, on sale, $17.00 reg price. How they are on sale for around $30 and the last gun show I went to (last April), they were selling like hotcakes at $70.00. So, a 500% return in one year had you been able to look into the future!!!
  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    I will stick with gold, guns and ammo......image Cheers, RickO
  • TwoSides2aCoin
    TwoSides2aCoin Posts: 45,216 ✭✭✭✭✭
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    I tried facebook advertising. It cost $5 per day. I got 228 LIKES in a very short time. The only thing is, nobody bought anything after I spent money to get them to like me. Almost like a politician. image
  • Baley
    Baley Posts: 22,663 ✭✭✭✭✭
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    chart, FB vs GLD

    Liberty: Parent of Science & Industry

  • VanHalen
    VanHalen Posts: 4,330 ✭✭✭✭✭
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    << <i>chart, FB vs GLD >>



    FB is amazing. Currently 99X earning and heading higher and higher straight up it flies!

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