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1/22/2020 12:12:56 PM
Posted: 9/17/2009 6:03:22 PM EST
Apparently, intel sources believe Iran can now make the bomb.
It is only a matter of time until Israel takes preemptive action to save its existence.


So....not to sound crass, but how do I profit off this?

Link Posted: 9/17/2009 6:06:21 PM EST
[Last Edit: 9/17/2009 6:08:28 PM EST by Lympago]

I don't know, but I bet the price of hummus will go down as demand decreases.

Link Posted: 9/17/2009 6:08:06 PM EST
Originally Posted By fluwoebers:

So....not to sound crass, but how do I profit off this?

I'd guess buy a shitload of oil company shares then sell after a day or two
Link Posted: 9/17/2009 6:11:10 PM EST
Become a Merc and get some skin in the game.
Link Posted: 9/17/2009 6:11:14 PM EST
gold will continue to rise for the next few years.

or until some fiscal sanity creeps back into Washington.
Link Posted: 9/17/2009 6:11:48 PM EST
[Last Edit: 9/17/2009 6:12:21 PM EST by Sub-MOA]
Quick exercise: Grab a $10 gold eagle. Drive down to your local Kwick-E-Mart. Fill up your gas tank. Try and pay for it with the half-eagle. Post your results.
If Israel and Iran go at it, ALL the markets are going to drop like a stone.

If you seriously think Israel has the stones to duke it out with a nuclear armed fundamentalist shithole, short everything except oil... Assuming you called it right and your market isn't glowing, you'll make a mint.
Link Posted: 9/17/2009 6:21:58 PM EST
I think you would be better off just buying oil futures. Far less risk.
Link Posted: 9/17/2009 6:30:20 PM EST
If you're worried about gold now, where were you in 2002?

disclosure: I own some but it's hard to eat and even trickier to trade but I'm thinking I'm near my exit on the shiny metal. It did make a pretty hellacious return for me though.
Link Posted: 9/17/2009 6:47:54 PM EST
DO NOT look at gold as a way to "profit".

Look at it as a way to RETAIN the wealth you have when the dollar goes south.

The idea behind gold, is that in 1880, an ounce of gold would buy you a really nice suit, a nice belt, shirt and some really nice shoes.

Today, it should buy you the same thing.
Link Posted: 9/17/2009 6:55:56 PM EST
Originally Posted By Lympago:

I don't know, but I bet the price of hummus will go down as demand decreases.


For a few reasons, I do not think you have shown an image of Israeli hummus......therefore, your dark humor is lost. That hummus is very chunky, coarse and thick. The pita is atypical of Israeli style pita. The feta cheese in the background confirms...........it is Greek hummus.

This is Israeli hummus:

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