2019 Dec 12, 8:09am
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I really want them to make perfected versions of Rin's sex bots. I'd invest lots of money into selling those.
Long term, metals, ones that are recognizable and don't carry high premiums. Short term, three months expenses in cash. I don't like gambling, and have a family to support, so no stocks, bonds, or any other asset that only has value in paper. A small business or land are also good investment.Sorry, nothing groundbreaking.
higher labor participation, more money for people to spend on shit=higher corporate profits=stocks rise
Trump has been great in creating jobs for poor US citizens, and this is helping to drive the whole economy.
I have stocks too, but just afraid to put more.
And it's not about reading the article. I read your link here. It's a fluffed up resume.
Am I doing it too much? 2 years worth of income in savings for rainy day.
And it's not about reading the article. I read your link here. It's a fluffed up resume. My resume makes me looks like the first born of Jesus as does every resume if you know how to write one. If people think Realtors are bull shitter's then I'd take your link with a grain of salt and financial services and bankers are an order of magnitude worse.
Trump has been great at creating jobs for poor US citizens, and this is helping to drive the whole economy.
I guess he’s sold on this guy.
Also, gold is holding the range between $1400/oz and $1500/oz, which in effect indicates that the nervousness of central banks from "holding currencies stable" has been tested.
Actually it means they've pumped enough to keep it at bay. But they always lose that game, and resistance is already starting to crumble for the next leg up(big one). Think of that 300% as more of a permanent bottom.
So I'm unclear. Did you work at the Fed? Treasury? One of the biggest banks in the world? Are you a trusted by your peers in the financial markets as an expert on these matters?
I played a little ball in High School, but I don't begin to assume I know more than Jordan.
I've simply kept my original position which was at the $400/oz mark and never sold. I'm not a gold bug.
I don't give blind faith to anyone, especially in the financial services.
Not a good example.
but counter-argument is that money-printing and debt-monetizing crap is now in its 3rd decade and apparently has had little major effects. May be it is different this time, who knows.
There's overwhelming evidence to support his position, and he's not the first one to say this. It's a matter of denial for you, and to justify it, you pull out the strawman of there is no ultimate truth.
WookieMan saysNot a good example.It is, your just not familiar with the sport.
I frankly do not understand jack shit about economy any more. I was raised not to have any debt, to live below my means, etc, but that is out of fashion these days, both with respect to individuals and countries. I do not get how one can go into debt at war-time levels and all is fine and dandy. I do not get how stocks can rise while 50+% of country is fucked. I do not get how 80% of crap we buy is from China and everyone seems to be fine with that, and how our economy can survive. I see @NuttBoxer's point very well, but counter-argument is that money-printing and debt-monetizing crap is now in its 3rd decade and apparently has had little major effects. May be it is different this time, who knows.
They behave like oligarchs, beholden to nobody but each other, and government serves their interests.
I've simply kept my original position which was at the $400/oz mark and never sold. I'm not a gold bug.If a/o when the central bankers and I don't just mean the Fed but also, BoE, ECB, etc, lose control [ as a group ] and then I'll be back in. For now, however, they have the system setup so that PMs do not look like another long term commodities play.
So you really just have another stock. Kind of defeats the purpose if you're hedging against collapse.
ignoreme, my pal bought a shitload of silver at $45+ dollars/once, he's so far underwater there is no way up in his lifetime.
Long term, metals, ones that are recognizable and don't carry high premiums.
Muh Axioms are always right!
ignoreme, my pal bought a shitload of silver at $45+ dollars/once
I have a friend who fled Indochina as a kid with his family after the Communists took Saigon. These folks, long generations of ethnic Chinese in Laos, were fabulously wealthy. They fled with only their clothes and the oodles gold bullion they could carry with them. They had just enough to pay the pirates ("boat people") to smuggle them to somewhere where they got picked up and transported to refugee camp in Hong Kong. I think they were probably robbed of most of it. I suppose, your gold might be practical in that situation. Surely your guns will not be as you will be out gunned.
I meant cash on hand, not in a bank.
Low rates mean people trust the future.
Fiat! Currency! Will! Collapse! Gold is $30k/oz! Silver to $5000/oz! You'll see, disbeliever! Muh Axioms are always right! Start you Acme Gold IRA today!
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