Welcome, Guest. Please login or register.
May 19, 2012, 03:39:43 AM
Go To Buy-High-Sell-Higher.com Home Help Search Calendar Login Register
News: Most recent blog posts from JDH:
+  Buy High Sell Higher Forum
|-+  General Category
| |-+  General Discussion
| | |-+  Citigroup		 « previous next »
Pages: [1] Print
Author Topic: Citigroup  (Read 188 times)
yeocokent
Newbie
*
Posts: 39


View Profile
« on: April 10, 2011, 09:37:35 AM »
I have been thinking, since we now have identified companies that the USG will bail out, it appears their chances of failing are slim.  That is until the USG fails.  Would anyone here consider buying Citigroup at this point for a longer term investment? 
Logged
MetalMeister
Hero Member
*****
Posts: 1699


The Chairman Of The Board


View Profile
« Reply #1 on: April 11, 2011, 12:57:14 AM »
Nope.

I consider it highly likely the USG will fail next year.

Martial law will be instituted.

Obama will stay as President.

Etc, etc, etc...

And I'm not kidding!

The only question is what happens to the banks when the USD fails?

Answer, IMHO, is that only 1/6th of the banking system will remain as it is today so wait on that Citigroup thing until year after next.

Buy gold and silver now and you may own a Citigroup yourself...

 Cry
Logged
Basically, I'm for anything that gets you through the night - be it prayer, tranquilizers or a bottle of Jack Daniels - Frank Sinatra
yeocokent
Newbie
*
Posts: 39


View Profile
« Reply #2 on: April 17, 2011, 07:45:44 PM »
I don't normally get into conspiracy theories and am not very alarmist, but on this one I am starting to become that way and you could just as easily be right.  The other side of me is more of a contrarian investor. Smiley  Either way, something has to give, no good can come of a 20 trillion dollar debt.
Logged
Pages: [1] Print 
« previous next »
Jump to:  


Login with username, password and session length


Powered by MySQL Powered by PHP Powered by SMF 1.1.16 | SMF © 2011, Simple Machines Valid XHTML 1.0! Valid CSS!