Discussion in 'BlackHat Lounge' started by bornformoney, Aug 6, 2011.
It's all over the news, here in Canada about USA...so how is it going?
yep, I lost $4k personally but know others who lost more significant amounts.
holy crap man...I fell for it...damn US gov't eh?
I hold silver, and silver prices are dropping, but its no big thing, I might actually buy more when prices bottom out. Long term, silver and gold are always valuable. Other than that I see no major changes day-to-day, everyone's life is going on as usual.
Don't buy into the media sensationalism, every other day they promise the world is ending...they're trying to sell air time, that's all.
didnt come unexpected ,really.. at least not for me..
S&P downgraded the US' debt rating after-hours on Friday. Monday will be a blood bath, and this will be another tumultuous week in the market. While all the day traders are panicing, I'll be buying up bluechips at fire sale prices.
I personally love when the markets do this. We all remember when GE was down towards $5.00/share in 2009..Guess who was buying then? Me and plenty of others. Of course I sold all my GE shares when it hit $20.00/share.
It's a beautiful time to find some good deals.
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