Actually, DonDiego was kiddin' with all the end-times religious stuff. Except sometimes, just briefly, DonDiego thinks the anti-Christ may, indeed, be among us now. And DonDiego believes he may have actually identified him. But DonDiego digresses . . . .
mistrhia was prompt and correct; the ticker is based on the Mayan Calendar ending at 06:11 on 21 December 2012. (Hmm, . . . technically this may also be end-times religious stuff - just Mayan, . . . but DonDiego refers to the end-times Christian stuff he posted above.)
Quote
Originally posted by: jatki99
so are you guys hoarding gold also?
DonDiego sees little point to holding gold in anticipation of the world ending.
If the event one foresees is a less-all-encompassing catastrophe, . . .say, destruction of the currency and an economy reduced to working for food and bartering for necessary goods and services, . . . then a hoard of gold would be useful. Actually a hoard of silver would pr'bly be more useful, as one might find it difficult to purchase the goods one needs with a $10,000 piece of gold. And a cache of preserved food, water, fuel, liquor, and ammunition would be useful too.
But such hoards, whether auriferous or argentous, seems too cumbersome to poor old DonDiego. DonDiego lives modestly in a small dwelling on a small, and exposed, plot of land with little room for such extravagant stockpiles. Although, now that he thinks about it, maybe a cache of liquor isn't such a bad idea. Oh, and DonDiego notes that 5½oz. cans of tuna are on sale at the local market for 50-cents-a-can this week too. But DonDiego digresses . . . .
Nonetheless, DonDiego does have an investment in the extraction, processing, and sale of gold. As long as Charles Schwab stays in business DonDiego's investment should remain safe and available. DonDiego is invested in a very, very small capitalized gold-mining operation in the Great White North. Since the market bottom in early 2009 this investment has more than quintupled. This month, February 2011, with one trading day remaining, the stock price has risen over 20%.
MoneyLA inquired last month about one's favored investment for 2011. Aside from this gold investment, easily DonDiego's largest single holding, DonDiego remains pretty well committed to investing in things people will need, over more discretionary items. Industries like energy (e.g.coal and oil) and agriculture(e.g. food production, seeds, fertilizer, and pesticides) as opposed to cruise ships and casinos.
