InvestingIsMyLife

Goldman Sachs are not really trustworthy, many times they advise one thing and trade the other way.

Show me any "professional" who gets it right more than 50% of the time, except those who happen to be so widely followed that whatever they say or do dictates what the market will do.

My observation is that Goldman Sachs gets things right about 15% of the time, wrong the rest. In that sense i find them very useful. That said, the average Goldman Sachs analyst is a genius compared to the illiterate imbeciles that make up most of this forum, whose only contribution is unintentional comic relief, for me. That said for the second time, on this occasion I agree with what Goldman Sachs said about the baht and in fact i made a similar comment several weeks ago.

" illiterate imbeciles that make up most of this forum, whose only contribution is unintentional comic relief"

-Well said. You have that right.

There is a Thai real estate market crash just beginning. The bubble is bursting. This means a drop in prices in BKK of around 25%. In smaller market, the price could drop as much as 50%. But why would you want to invest in Thailand real estate? Check out this story from facebook:

https://www.facebook.com/pages/Justice-for-Jessie/769279926474912

And if you think you are getting "facts" from this website, think again:

To quote her:

"Phuket court has hundreds of cases of foreigners being cheated and look at the Thaivisa.com why do they not report what is happening? Is it because they promote the sales of property in Thailand? Try sharing and see what happens... Ask the Phuket Gazette, Phuket News and Phuket Wan why they don't report on what is really happening in Phuket. Why Thaivisa.com refuse to accept posts on property fraud?"

1. I agree with Ludacris. It's best you go out and buy some books on investing.

2. Why do you want to invest in funds? After fees and commissions, you'll find you'll be visiting "square one" a lot.

My intention was not to hijack this thread. I'm not "peddling my wares". If I was actively seeking capital infusions, I would start a thread.

I simply stated that financial instruments offered by banks are poor investments. To exemplify, I mentioned I can get a conservative 8% ROI with NO FEES. Some members of this forum then took it upon themselves to slander me to which I responded with logical rebuttals.

People who know me, know that I have a proven track record. I have an office on Wall St. I can very selective with who I take on. I often give free advice to members of these forums. I don't ask for anything in return. However, I am going to defend myself when people make frivolous and slanderous accusations about me or my ventures.

There are a lot of scams here in Thailand and throughout the world. I was just trying to help those looking for investment advice. Unfortunately people who talk slanderous nonsense on these forums enable the scammers, because legitimate investors like myself don't want to spend hours defending legitimate and proven investments to those clueless about investing.

I don't understand why people (I hesitate to use the term investors) continue to invest in CD's, mutual funds, REIT's, etc. I see people compare and contrast interest rates. But when you analyze the rate of return, currency depreciation, and FEES you pay, upon exit you are left with little profit and in many cases a loss. Many people argue that their capital is secure in these accounts, without understanding that these financial institutions (HSBC, etc.) are INSOLVENT.

I can get 8% return on investment without having to store capital in these shoddy financial institutions with NO FEES.

Where? Please enlighten me. Will I need to break the law? Carry a gun? Look over my shoulder 24/7?

1. Where depends on which country you store your capital (to avoid foreign exchange fees). As this moment, Hong Kong, UK, and US, but other markets are possible.

2. No law breaking, this is 100% legitimate. You will have to pay capital gains tax in your country. Or, you can form a corporation and avoid taxes for the most part.

3. No guns and no security issues.

PM me to discuss.

Why everyone interested has to PM you?

If it is legitimate, secure and pretty much a guaranteed yield, why can't you just post it on the forum?

Because potential investors need to be qualified first. There are rules and regulations to investing and many laws prohibit posting investment opportunities online without first qualifying investors.

I don't understand why people (I hesitate to use the term investors) continue to invest in CD's, mutual funds, REIT's, etc. I see people compare and contrast interest rates. But when you analyze the rate of return, currency depreciation, and FEES you pay, upon exit you are left with little profit and in many cases a loss. Many people argue that their capital is secure in these accounts, without understanding that these financial institutions (HSBC, etc.) are INSOLVENT.

I can get 8% return on investment without having to store capital in these shoddy financial institutions with NO FEES.

Where? Please enlighten me. Will I need to break the law? Carry a gun? Look over my shoulder 24/7?

1. Where depends on which country you store your capital (to avoid foreign exchange fees). As this moment, Hong Kong, UK, and US, but other markets are possible.

2. No law breaking, this is 100% legitimate. You will have to pay capital gains tax in your country. Or, you can form a corporation and avoid taxes for the most part.

3. No guns and no security issues.

PM me to discuss.

If you are UK non res for tax why would you be paying any CGT?

That's my point, you shouldn't be paying any CGT. If you are a resident of the UK, US, etc., there are ways to minimize or eliminate your tax liability.

I don't understand why people (I hesitate to use the term investors) continue to invest in CD's, mutual funds, REIT's, etc. I see people compare and contrast interest rates. But when you analyze the rate of return, currency depreciation, and FEES you pay, upon exit you are left with little profit and in many cases a loss. Many people argue that their capital is secure in these accounts, without understanding that these financial institutions (HSBC, etc.) are INSOLVENT.

I can get 8% return on investment without having to store capital in these shoddy financial institutions with NO FEES.

Where? Please enlighten me. Will I need to break the law? Carry a gun? Look over my shoulder 24/7?

1. Where depends on which country you store your capital (to avoid foreign exchange fees). As this moment, Hong Kong, UK, and US, but other markets are possible.

2. No law breaking, this is 100% legitimate. You will have to pay capital gains tax in your country. Or, you can form a corporation and avoid taxes for the most part.

3. No guns and no security issues.

PM me to discuss.

Astonishing! Sen Bernie Sanders in USA wants the US Federal reserve to bail out Greece

http://www.thenewamerican.com/economy/economics/item/4471-trillion-bailout-of-euro-greece-shows-need-to-audit-the-fed

That article was written in May of 2010!

I don't understand why people (I hesitate to use the term investors) continue to invest in CD's, mutual funds, REIT's, etc. I see people compare and contrast interest rates. But when you analyze the rate of return, currency depreciation, and FEES you pay, upon exit you are left with little profit and in many cases a loss. Many people argue that their capital is secure in these accounts, without understanding that these financial institutions (HSBC, etc.) are INSOLVENT.

I can get 8% return on investment without having to store capital in these shoddy financial institutions with NO FEES.

All fairly good insights. However, Greece is only about 1% of the Euro GDP. The real problems facing the Euro are EU banks carrying corporate debt from the following countries (in order):

1. Spain

2. France

3. Italy

Greece can be and has been easily bailed out. However, Dragi has used up his ammunition and doesn't have enough in his arsenal to rescue one of the aforementioned countries.

Also, FX markets have already adjusted in the price of the latest round of QE. Don't expect the Euro to fall much more, if at all. Of course, if Spain, France, or Italy need a bailout, then the Euro will be a failed currency. Then, you would see the Euro crash.

Gold is a great investment. Banks do manipulate the gold rates and they suppress these rates artificially low. This way, investors will want to invest with the banks and not in gold. The banks spends billions each month suppressing these rates.

Banks also manipulate the FX, bond, and other markets. As these bubbles burst, investors will look to invest in other alternatives, like gold.

China, India, and Russia are all buying gold now and moving away from the US dollar. When the world economy suffers, investors turn to the US dollar for security. This is happening today. However, the US dollar is losing its status as the global reserve currency.

When the US dollar weakens and future bubbles and crises happen in the future, gold will see a large increase in value. The trillion dollar questions are:

1. What will trigger the next economic crisis

2. When will this happen?

Some investors think the bond market or PE market in Japan will be the next trigger. This is speculation.

To answer your question, yes you should buy gold. It's a precious commodity and will increase in value in the future. The question you need to ask yourself is where are you going to store it?

The trillion dollar question is why those without any understanding of economics continue to talk twaddle until the cows come home.

And exactly how much do you know?

A few weeks ago in this forum you said Thai gold was selling for 1200 Baht

How does one quantify exactly how much they know? Brilliant question.

"A few weeks ago in this forum you said Thai gold was selling for 1200 Baht " I did? Why don't you quote me on that if I said it? Trolling around on these forums and making up lies doesn't make you look intelligent. Quite the opposite actually. The laugh is on you.

Terrible idea. Why do so many people come to Thailand and make BRUTAL investment decisions. Think with you head and not the one in your pants.

"A fool and his money are easily departed".

Frequently I read on these forums about people wanting to invest. Unfortunately, they have little rational behind their investment decisions other than a project looks "nice" or a commodity is at a "low" price. From time to time, I will give readers some free advice. Generally speaking, my advice is for accredited investors or those with some investing experience. Obviously, you should only invest with a percentage of capital you have in the bank and you should not be borrowing to make these investments.

Here is my first piece of advise for 2015: Short the GBP/RUB. Short term resistance is around 101. I would recommend buying at 101 or 102. Exit around 45 (224% gain). This is a long term hold, probably 1-3 years. The rational is quite simple. The price of oil is going to bounce back. As goes the price of oil, so does the Ruble. The GBP is a safe haven currency now, but the UK has yet to deal with it's rising debt and its printing press. This will be a bouncy ride over the next few months, but those in it for the long haul with experience significant gains.

Happy investing!

This article is none sense. China IS the banker of the US. The US, UK, and several other countries have debt that far out weighs what China is experiencing. China's GBP is also exponentially higher than the US and the UK. If the OP wants to predict a financial crisis, a better country to focus on would be Japan. Japan has the 3rd largest economy in the world, by nominal GDP standards.

What is a GBP? Who holds US debt? China owns about 8 percent of publicly held U.S. debt; the bulk of the $14.3 trillion U.S. debt - $9.8 trillion in all - is owned by the American people and its government.

GDP, current prices U.S. dollars (Billions)

1

United States

17,416

2

China

10,355

http://knoema.com/nwnfkne/world-gdp-ranking-2014-data-and-charts

Please excuse the spelling errors. :-)

GBP was intended to read GDP. China is the banker of the US. This is no secret. China is the holder of the most USD reserves in the world, which they are now using to acquire gold and to de-leverage themselves from the USD. Debt and dollars are two different things.

And now here comes another one about gold, the Boyz in Beijing, the USA, the USD, the Boyz being the banker of the USA, gold gold gold.

Let's go ahead to anyway grant your claim in the post immediately above, that Beijing is buying gold to blah blah blah.

Suppose -- let's just suppose, same as you are supposing -- the Fed were keeping the price of gold low, as some people allege.

Why would the Fed manipulate the price of gold, since let's say the Clinton second term. Would the Fed do that to benefit other governments that would buy in volume so the other governments could deleverage themselves from the USD. That would be China, would it not, among others that will remain unidentified here but we know who they are.....the usual suspects of course

And let's suppose the Fed were manipulating the price of gold, and nevermind that it would need the cooperation of Switzerland and the EU to accomplish this feat. Let's just say the Fed were manipulating the price of gold so it itself could buy gold. The US confirms it has some $450 billion in gold reserve value.

Suppose the US has quietly --and I mean quietly -- been purchasing gold over a period of years, that the US wanted to increase its sovereign holdings of gold to something in the area of $750 billion.....or maybe even $1 Trillion of gold holdings.

Why might it want to do this, again, purely as a matter of speculation.

Perhaps then the USGovernment could revalue its dollar to the price of gold. If the USG reset the value to $3000 an ounce, that would increase the value of its gold holdings to $3 Trillion dollars. That would amount to half the USG actual debt of $6 Trillion.

Which would solidify the USD as the global reserve currency, the currency of international trade, the dominant global currency.

Supposing. Where would that leave the usual goldbug suspect governments?

Screwed. Supposing.

"Suppose -- let's just suppose, same as you are supposing -- the Fed were keeping the price of gold low, as some people allege."

That's not what I said. I said the BANKS are manipulating the price of gold. The banks lose billions of dollars per quarter manipulating the gold spot gold prices. They do this to make their investments appear to be more invest worthy. I made no mention of the Fed, which you have conveniently go on a diatribe about . While they are both privately held institutions, they are different institutions and the Fed is often involved in regulating the banks, not the price of gold. The Fed simply stores gold and the amount of gold stored is highly contested.

This is no secret. China is the holder of the most USD reserves in the world, which they are now using to acquire gold and to de-leverage themselves from the USD. Debt and dollars are two different things.

How Much U.S. Debt Does China Really Own? Foreign governments hold about 46 percent of all U.S. debt held by the public, more than $4.5 trillion. The largest foreign holder of U.S. debt is China, which owns more about $1.2 trillion in bills, notes and bonds, according to the Treasury. In total, China owns about 8 percent of publicly held U.S. debt.

http://usgovinfo.about.com/od/moneymatters/ss/How-Much-US-Debt-Does-China-Own.htm

As I made UNEQUIVOCALLY CLEAR, "China is the holder of the most USD reserves in the world, which they are now using to acquire gold and to de-leverage themselves from the USD. Debt and dollars are two different things."

Again, DEBT AND DOLLARS ARE TWO DIFFERENT THINGS. Do you understand the difference? Dollars are USD. Debt takes the form of US treasuries, government bonds, etc. Why go off on the tangent of debt?

This article is none sense. China IS the banker of the US. The US, UK, and several other countries have debt that far out weighs what China is experiencing. China's GBP is also exponentially higher than the US and the UK. If the OP wants to predict a financial crisis, a better country to focus on would be Japan. Japan has the 3rd largest economy in the world, by nominal GDP standards.

What is a GBP? Who holds US debt? China owns about 8 percent of publicly held U.S. debt; the bulk of the $14.3 trillion U.S. debt - $9.8 trillion in all - is owned by the American people and its government.

GDP, current prices U.S. dollars (Billions)

1

United States

17,416

2

China

10,355

http://knoema.com/nwnfkne/world-gdp-ranking-2014-data-and-charts

Please excuse the spelling errors. :-)

GBP was intended to read GDP. China is the banker of the US. This is no secret. China is the holder of the most USD reserves in the world, which they are now using to acquire gold and to de-leverage themselves from the USD. Debt and dollars are two different things.

Will a potential Chinese housing crash trigger a global financial shock?

No, absolutely not. The Chinese property market is strong in major cities. When the property market starts to overheat, the Chinese Central Bank raises rates and borrowing requirements. When the market softens, it decreases rates and borrowing requirements. This is a constant ebb and flow and the Modus Operandi of Central Banks around the world

Yes, the Chinese government and developers have built large cities that are now referred to as ghost cities. One of these cities even as an Eiffel Tower and was modeled around Paris. Investors lost millions and many were forced to go into bankruptcy. But this does not reflect the overall the overall residential real estate market in China.

An economic crisis is on the way. This will happen when a bubble economy bursts. Yes, the US stock market is way over valued and reminiscent of the pre Great Depression era times. But the country with the largest debt to GDP ratio is Japan. There is a strong probability a crisis could start in Japan. Some investors are speculating this could happen in the Japanese bond market or in Japanese Privately Equity. This is the trillion dollar question.

This article is none sense. China IS the banker of the US. The US, UK, and several other countries have debt that far out weighs what China is experiencing. China's GBP is also exponentially higher than the US and the UK. If the OP wants to predict a financial crisis, a better country to focus on would be Japan. Japan has the 3rd largest economy in the world, by nominal GDP standards.

Gold is a great investment. Banks do manipulate the gold rates and they suppress these rates artificially low. This way, investors will want to invest with the banks and not in gold. The banks spends billions each month suppressing these rates.

Banks also manipulate the FX, bond, and other markets. As these bubbles burst, investors will look to invest in other alternatives, like gold.

China, India, and Russia are all buying gold now and moving away from the US dollar. When the world economy suffers, investors turn to the US dollar for security. This is happening today. However, the US dollar is losing its status as the global reserve currency.

When the US dollar weakens and future bubbles and crises happen in the future, gold will see a large increase in value. The trillion dollar questions are:

1. What will trigger the next economic crisis

2. When will this happen?

Some investors think the bond market or PE market in Japan will be the next trigger. This is speculation.

To answer your question, yes you should buy gold. It's a precious commodity and will increase in value in the future. The question you need to ask yourself is where are you going to store it?