stock market crash

[scooterscot]

You do know, that trading and investing are 2 different things, right?

Right?

Are you sure?

Just as I'm sure I hear people telling me they are investing in gold.

I cringe every time I hear that. It's not an investment!

[scooterscot]

Yes, or Scooty is taking this chaps stuff and posting on here

Maybe best if Scooty stick to that site as they seem to like his graphs over there

Honestly you guys complain there's no charts posted for days / weeks on end. Then when one comes it is opened season. What gives?

[Old Greg]

Just as I'm sure I hear people telling me they are investing in gold.

I cringe every time I hear that. It's not an investment!

It is an investment, but I look forward to your half-arsed explanation as to why it isn't.

[Paralytic]

Thought I was quite clear many times before, that's not who I am. 3-6 trades this years so far.

You don't even know how many trades you've made yet you try to convince everyone your tea leaves can predict the future?

Is that because you might need your second hand? I considered, but kindly ruled out, you having 6 fingers on your first hand.

[Old Greg]

You don't even know how many trades you've made yet you try to convince everyone your tea leaves can predict the future?

Is that because you might need you? I considered, but kindly ruled out, you having 6 fingers on your first hand.

3 - 6 = -3

[scooterscot]

It is an investment, but I look forward to your half-arsed explanation as to why it isn't.

You buy gold as a hedge against inflation. To protect your purchasing power.

Historically speaking, as an investment, gold is awful. You buy it, store it. It does not grow, requires constant expense to protect. It is an awful investment.

[Old Greg]

You buy gold as a hedge against inflation. To protect your purchasing power.

Historically speaking, as an investment, gold is awful. You buy it, store it. It does not grow, requires constant expense to protect. It is an awful investment.

Firstly you said it's not an investment. Now you say it's an awful investment. An awful investment is a type of investment. So you are saying it is both not an investment and an investment.

Top marks. I'm not disappointed.

[_V_]

You buy gold as a hedge against inflation. To protect your purchasing power.

Historically speaking, as an investment, gold is awful. You buy it, store it. It does not grow, requires constant expense to protect. It is an awful investment.

I'm interested to note how buying this low and selling high is a bad investment? Looks no different to many stock prices over a long period.

[_V_]

Firstly you said it's not an investment. Now you say it's an awful investment. An awful investment is a type of investment. So you are saying it is both not an investment and an investment.

Top marks. I'm not disappointed.

This is what I find so confusing with this CUK poster. There is no consistency or logic to anything and yet he seems desperate we hang off his every words constantly. Very odd one.

[Old Greg]

This is what I find so confusing with this CUK poster. There is no consistency or logic to anything and yet he seems desperate we hang off his every words constantly. Very odd one.

Kind of amusing to watch though.