Us Shut Down

[narsayya]

[quote name='Brahmanandam_AFDB' timestamp='1381863972' post='1304418887']
Social Security Funds are Controlled by Federal Reserve Right ?
[/quote]

no. by the federal govt through social security administration.

[bio]

[quote name='narsayya' timestamp='1381864184' post='1304418909']

gold is essentially a useless metal, except may be in very tiny amounts as insulator in electronics.

Just track 30yr price of gold, and compare it with other assets like real estate, blue chip stocks.. you'll have your answer. and its too volatile to be held as a long term asset. short term is okay.

but I agree that gold is a very liquid asset, and it helps to have a little bit of gold for emergencies. But not too much.
[/quote]

so on the whole, gold meeda invest kanna real estate n blue chip stocks meeda invest better antaaru, long run lo. ok thanks n gotcha.

[narsayya]

[quote name='bio' timestamp='1381863536' post='1304418841']
Terrific post, ok now that we understood how the us economy works, what do you think about the world bank employees who made comments on the hawain gold reserves, these r the comments, in order to pacify the economical crisis, the us govt will mint down the hawain gold reserves. meeru cheppe scenario lo gold ki prominence ledu, if thats the case then y did they pass such comments??
[/quote]

there'll always be doomsday predictions.. one day they'll definitely come true.. so these people will claim credit for it that day. but their predictions is not based on facts, just on the hope that they'll come true one day, and to hog the limelight.

US is not going to pay for dollars using gold. it's silly.

[bio]

[quote name='narsayya' timestamp='1381864184' post='1304418909']

gold is essentially a useless metal, except may be in very tiny amounts as insulator in electronics.

Just track 30yr price of gold, and compare it with other assets like real estate, blue chip stocks.. you'll have your answer. and its too volatile to be held as a long term asset. short term is okay.

but I agree that gold is a very liquid asset, and it helps to have a little bit of gold for emergencies. But not too much.
[/quote]

also whats ur openion on forex trading, I believe its too volatile..what do you think about the usd in forex markets in the future (im thinking to invest in this sector)

[narsayya]

[quote name='bio' timestamp='1381864363' post='1304418926']

so on the whole, gold meeda invest kanna real estate n blue chip stocks meeda invest better antaaru, long run lo. ok thanks n gotcha.
[/quote]

best investment is always on yourself. by learning/mastering a skill or multiple skills.

rest is maaya.

[atlanta]

gp

[bio]

[quote name='narsayya' timestamp='1381864520' post='1304418947']

best investment is always on yourself. by learning/mastering a skill or multiple skills.

rest is maaya.
[/quote]

ha ha best quote so far... [size=4] [/size]

[narsayya]

[quote name='bio' timestamp='1381864502' post='1304418945']

also whats ur openion on forex trading, I believe its too volatile..what do you think about the usd in forex markets in the future (im thinking to invest in this sector)
[/quote]

touch and go. too many variables to consider as an investor.

forex trading is best left to international banks.

for individual investors, the margin is too less to make a dent.

[bio]

[quote name='narsayya' timestamp='1381864837' post='1304418984']

touch and go. too many variables to consider as an investor.

forex trading is best left to international banks.

for individual investors, the margin is too less to make a dent.
[/quote]

agreed, margin chaala takkuva undi, Im still in the process trying to understand how it works, anyways thats for the advise