If you choose to ignore every rotten deal from the government and the system, you might just make it through life ok. If you focus on living, you're always better off. At least, you are until disaster hits, but hey - that's not something that happens around here. Is it?
Well, that's the crux of it. And if "disasters" simultaneously destroy 100% of the value of quality US and foreign stocks, AND quality real estate, AND gold and silver bullion AND quality collectible things like numismatic coins, art, antiques, and artifacts, I'd have no choice but to go Mad Max or Rambo on the MFs
Short of that, most people can handle temporary drops in one of those, as long as they are not foolishly leveraged or have ALL of their assets overallocated to just one kind of asset.
Maybe particularly an asset class that the investor suspects "they" have it in for
....If you focus on living, you're always better off....
....$17 trillion isn't the whole picture.... >>
Thanks for that second line there jmski52! Focus on living and keep stacking, savings, investing, whatever floats your boat. The truth may take decades to come out and even then we won't know all of it, some of us will be dead by then but those that focus on living should have a better quality of life while we're here.
Amazing people believe a maquire's "credentials", lol A joke...
For instance... "Andrew is an accomplished veteran of the markets. He has 30 years trading experience, both as an institutional and independent trader, the last 19 years of which have been as a metals specialist"...
This is like a Barry Chappell description of a rare ms70 silver eagle...
Best to prepare, this world ends for everyone eventually.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Thanks for the comment on my avatar Bailey. Yes it is made of a precious metal--- a 3 oz chunk of gold made into a collectible round by Tiffanys in 1858. Q. David Bowers owned an example--the 6th known of a mintage of 50. My example would be the 7th known. Only the now deceased previous owner and myself have seen this particular medal in the last 40 years, so mine is only known via a small picture in an internet chatroom. >>
And one other "close associate" who examined it in hand to evaluate and qualify authenticity.
Schiff will be right only if the so called printing presses start shipping some of that fiat into the hands of consumers instead of binary code for banks.
what one needs to comprehend is, that his is a horoscope description of his "credentials"...
i have the same ones, as well as i am sure many others here could fall in line with that description...
i know one thing, i trust and put more credence into what roadrunner would opine on, that what maguire had to say about anything...
reminds me of all the fake descriptions of 99% of the mixed martial arts fighters, especially in the early years... people are prone to "believe" what is printed, but he like the mma "champ" in some made up world, is just a regular schmuck...
Most people do not realize that all of the gold that has been transferred to China is pretty much gone forever, at least gone for the foreseeable future. China is a buyer not a seller. China's gold will go into it's vaults and not see the light of day for many years to come. While this does not reduce the world supply of gold it greatly reduces the supply of available gold, and for a very long time. How this will affect prices is easily determined. Mr. Schiff and I understand this.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
That's great. Sooo, when will I be able to sell my gold for $2000 per ounce?
thanks. >>
about a week after you have sold it for $1900.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
sell it now and cut your losses. You really need to learn to make your own decisions.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>sell it now and cut your losses. You really need to learn to make your own decisions. >>
heh, the whole thread is about the preaching that the authors know more than us about the future, and literally telling us what to do (buy gold, preferably from one of their advertisers, but from anyone will do, as long as enough people do it, to make the prophecy self-fulfilling)
The OP is about a gold bug, with a pretty decent track record, giving his opinion on why he thinks gold will go up. Instead of posting only to attack the opinion of others, let's hear yours. Also share with us the basis of your opinion. I believe everyone hear recognizes that Schiff's opinion is just one side of the debate, but feel free to remind them.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
In a nutshell, I believe gold is fairly valued right about here.
If it were to go up because of "inflation", then so would everything else of value, such as stocks and houses and most goods and services. Gold is not unique as a hedge against inflation, it is one of the best hedges (liquidity, divisibility, portability, universality, etc.), but pretty far from the only available hedge against "fiat"
If gold were to go way up (moonshot!) in a relatively short period because of fear-driven demand or hype-driven demand (related) then the move would be temporary, because fear and hype cannot be maintained long term. Gold should be sold into such a spike, I believe, and that would be my plan, hence my question, when someone says, "here comes the spike!" is "when?"
One other thing about this "clearly understand" concept is the claim to "know" things about how things are now, while other educated people have different ideas, or admit that they don't understand everything perfectly now.
The more amusing thing is the claim, clearly stated, that you and Schiff KNOW the future.
My other thought about gold and silver, since you asked, has been expressed before: I am likely not alone in feeling "fooled me once".
Meaning, we had a chance to sell some (or more ) of our silver and gold at $45 and $1850, and now that chance is gone.
How many ounces of each do you think will be offered up for sale the next time they are at those levels? What will that increase in supply do to prices?
How many new buyers are going to look at the charts going back 40 years, and rush to chase silver and gold to new all-time (nominal) highs above $50 and $2000? (never mind the inflation-adjusted highs from 1979-80, which still have not been eclipsed?)
edited to add, I also believe those same charts will limit the downside of the metals. I'd be a heavy buyer of gold and silver below $900 and $14, for example
<< <i>The more amusing thing is the claim, clearly stated, that you and Schiff KNOW the future. >>
In the context of my post (reduced available supply due to Chinese hoarding) I know the future for gold.
<< <i> My other thought about gold and silver, since you asked, has been expressed before: I am likely not alone in feeling "fooled me once". >>
You only fooled yourself into believing what goes up cannot go down. As an asset, gold is subject to the same forces (probably even moreso) as other assets. Knowing when to sell is just as important as knowing when to buy. Buying low and selling high involves knowing what is low and what is high.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Knowing when to sell is just as important as knowing when to buy.
Unfortunately most on this board only know when to buy, at least all they've ever said, while regurgitating the same old mantra over and over again, citing some blog or misinterpreted facts, praying and hoping.
In the context of my post (reduced available supply due to Chinese hoarding) I know the future for gold.
You are aware that new supplies of gold are "printed" everyday, right?
I would really like someone to tell me how if the Chinese people had all the gold in the world that they would become superior to American people? Or how the Chinese Govt would be superior to the American Govt? Or how Chinese Universities would be superior to American Universities? Or how Chinese hospitals would be superior to American hospitals. Or how a Chinese airplane would be superior to an American airplane.
this note to myself is in my email drafts dated 2-25-12... and i acted upon it...
Fascinating, after today I have changed my ideas regarding silver and as an investment, maybe fair value $10? Per oz, since obviously what the market is saying is silver is worthless ( or can't significantly go higher) unless there is some type of QE involved, if silver has no significant value now, then it seems there are way better places to invest with less risk than silver...and with more potential gain... Price is reality and if it takes QE to create value then there is no value...
<< <i>In the context of my post (reduced available supply due to Chinese hoarding) I know the future for gold. >>
<< <i>You are aware that new supplies of gold are "printed" everyday, right? >>
I'm also aware that all the gold being "printed" in China is also going into it's deep storage vaults.
<< <i>I would really like someone to tell me how if the Chinese people had all the gold in the world that they would become superior to American people? Or how the Chinese Govt would be superior to the American Govt? Or how Chinese Universities would be superior to American Universities? Or how Chinese hospitals would be superior to American hospitals. Or how a Chinese airplane would be superior to an American airplane. >>
Can't tell you how, but probably the same way it worked for America, when they had the gold.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Some ancient alien theorists suggest that the whole reason the "gods" (extraterrestrial visitors, which explains both the missing evolutionary link and primitive creation mythology) engineered man on this planet is to mine all the gold for them and refine it into bars and objects d'art and put it deep under big stone buildings for convenient future retrieval. It's said that the drive to perform this behaviour is programed int0 the genetic code, we are unable to help it, although the instinct is stronger in some individuals and cultures than others. Maybe having a big pile of gold will turn out to be the ticket to heaven? Is "moonshot" the code name being used to spread the Word? Now there's a conspiracy for you
Can't tell you how, but probably the same way it worked for America, when they had the gold
So if America never had any gold its people would not have developed the automobile business, invented airplanes, produced nuclear energy, found a cure for polio, or put a man on the moon?
Im beginning to understand now the psychology behind the unceasing belief in conspiracy theories.
Can't tell you how
This I believe is a very true statement and is why I question you.
<< <i>so those all previous thoughts, now to add the complexity of that with the yin-yang of what may be the UDA...
UDA - ultimate deflated asset ...
what asset can one buy/invest in, with reasonable expectation of big returns, that is cheaper than it was like 30+ years ago?... >>
Thats a complex question but I'll throw out a simple answer....Detroit. >>
good luck wid dat one.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>so those all previous thoughts, now to add the complexity of that with the yin-yang of what may be the UDA...
UDA - ultimate deflated asset ...
what asset can one buy/invest in, with reasonable expectation of big returns, that is cheaper than it was like 30+ years ago?... >>
Thats a complex question but I'll throw out a simple answer....Detroit. >>
yes, yes, very astute... gilbert ( Cleveland Cavs owner) has invested millions in detroit and has made significant returns, and will make more, millions more...
also i saw somewhere about entrepreneurs moving back to and to Detroit to open business's and finding much success, it was a news release with film/story but dont remember where...
im sure its (Detroit) an investor's dream, another one of those once in a lifetime deals that people dream of...
but since i dont want to move to Detroit, i have to say besides the big D, the ultimate real estate is gold that is bought right... silver possibly second...
Why not? Detroit is not an investor's dream, it is an investor's long shot.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>There are some very lovely suburbs in the Detroit area. Investing in Detroit requires free thinking, its not something you will find in a blog.
Derry, what would be your answer to the young lads question? What is cheaper than 30 years ago and has lots of potential? >>
Thanks to monetary policy there is not much out there that is cheaper than it was 30 years ago. I would advise him to weigh future potential against current cost.
There are also some loveliest views in the world in Iran. Been there. Investing in Detroit carries great risk. Manufacturing will not return to anywhere near the scale it was. The only chance for a revitalized Detroit is major investment by a large entity that first scoops it up on the cheap. As with all investments, an individual must consider the odds.
FWIW I find some of the best "free thinking" in blogs. While I do not always agree with a particular opinion I always welcome the thought behind it.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>So derryb, you would rather invest in Iran than Detroit? WOW!! This coupled with some of your comments in other threads is unfathomable. >>
What is unfathomable is the way you continue to twist words posted here until you get them to say you want them to say. You said Detroit had some lovely suburbs, I said so what, there are some lovely views in Iran. That doesn't make either worth investing in.
Don't like my comments? Probably because when you read them they mean something entirely different as your brain processes them. I'm sure this is a medical condition that can be treated. Seek help.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I never said I dont like your comments, if fact I will defend your right to express them. I find you to be a excellent case study. You have made many references to China, Russia, Iran and other rogue nations as supplanting the USA. Why not compare Detroit to a terrorist supported Govt? If you had mentioned India, I would probably agree with you. But instead you mention a Govt that has only expressed hatred toward most of the world.
You still havent answered the question. Couldnt find it in a blog?
start seeing the words as they are presented, not how you wish to see them. One more time - lovely suburbs, like senic views do not make a place a good investment.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
This was another interesting thread from nearly half a decade ago. Aliens, economic theory, manipulation (and requests for proof never answered), End of World signs--this thread has it all.
Not sure if we could ask for a better example of precious metals banter.
Comments
Well, that's the crux of it. And if "disasters" simultaneously destroy 100% of the value of quality US and foreign stocks, AND quality real estate, AND gold and silver bullion AND quality collectible things like numismatic coins, art, antiques, and artifacts, I'd have no choice but to go Mad Max or Rambo on the MFs
Short of that, most people can handle temporary drops in one of those, as long as they are not foolishly leveraged or have ALL of their assets overallocated to just one kind of asset.
Maybe particularly an asset class that the investor suspects "they" have it in for
Liberty: Parent of Science & Industry
<< <i>Isn't it closer to $17 trillion?....
....If you focus on living, you're always better off....
....$17 trillion isn't the whole picture....
Thanks for that second line there jmski52! Focus on living and keep stacking, savings, investing, whatever floats your boat. The truth may take decades to come out and even then we won't know all of it, some of us will be dead by then but those that focus on living should have a better quality of life while we're here.
Whoohoo!!! We have a winner!!!
Knowledge is the enemy of fear
A joke...
For instance... "Andrew is an accomplished veteran of the markets. He has 30 years trading experience, both as an institutional and independent trader, the last 19 years of which have been as a metals specialist"...
This is like a Barry Chappell description of a rare ms70 silver eagle...
We all know that inflation is under contol. Tires in 2000 that cost me $120 ea now cost $1600/set. Gas then, $1/gal-now $4/gal.
30 days worth of staples/h2o/fuel &bartering goods at a minimum.
You just hold on tight re the price of food next 12-24 months.
Loves me some shiny!
<< <i>We are closer to a SHTF scenario now than 2006-2007.
We all know that inflation is under contol. Tires in 2000 that cost me $120 ea now cost $1600/set. Gas then, $1/gal-now $4/gal.
30 days worth of staples/h2o/fuel &bartering goods at a minimum.
You just hold on tight re the price of food next 12-24 months. >>
Yes if course because we all know prices always go up. In 2028 those tires will cost $18,000 and gasoline $16.
And bread will $25 and eggs $2 each. The chickens really will lay gold.
Knowledge is the enemy of fear
<< <i>
Dudes have been holding signs like that for 4000 years
Liberty: Parent of Science & Industry
They've been saying that all this time, too
Liberty: Parent of Science & Industry
Best to prepare, this world ends for everyone eventually.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>Thanks for the comment on my avatar Bailey. Yes it is made of a precious metal--- a 3 oz chunk of gold made into a collectible round by Tiffanys in 1858. Q. David Bowers owned an example--the 6th known of a mintage of 50. My example would be the 7th known. Only the now deceased previous owner and myself have seen this particular medal in the last 40 years, so mine is only known via a small picture in an internet chatroom. >>
And one other "close associate" who examined it in hand to evaluate and qualify authenticity.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
Knowledge is the enemy of fear
Knowledge is the enemy of fear
<< <i>
<< <i>
Dudes have been holding signs like that for 4000 years
It's fair warning to procrastinators.
i have the same ones, as well as i am sure many others here could fall in line with that description...
i know one thing, i trust and put more credence into what roadrunner would opine on, that what maguire had to say about anything...
reminds me of all the fake descriptions of 99% of the mixed martial arts fighters, especially in the early years...
people are prone to "believe" what is printed, but he like the mma "champ" in some made up world, is just a regular schmuck...
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
That's great. Sooo, when will I be able to sell my gold for $2000 per ounce?
thanks.
Liberty: Parent of Science & Industry
<< <i>Mr. Schiff and I understand this.
That's great. Sooo, when will I be able to sell my gold for $2000 per ounce?
thanks. >>
about a week after you have sold it for $1900.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
2015? 2016? 2026?
Liberty: Parent of Science & Industry
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>sell it now and cut your losses. You really need to learn to make your own decisions. >>
heh, the whole thread is about the preaching that the authors know more than us about the future, and literally telling us what to do
(buy gold, preferably from one of their advertisers, but from anyone will do, as long as enough people do it, to make the prophecy self-fulfilling)
Liberty: Parent of Science & Industry
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
If it were to go up because of "inflation", then so would everything else of value, such as stocks and houses and most goods and services. Gold is not unique as a hedge against inflation, it is one of the best hedges (liquidity, divisibility, portability, universality, etc.), but pretty far from the only available hedge against "fiat"
If gold were to go way up (moonshot!) in a relatively short period because of fear-driven demand or hype-driven demand (related) then the move would be temporary, because fear and hype cannot be maintained long term. Gold should be sold into such a spike, I believe, and that would be my plan, hence my question, when someone says, "here comes the spike!" is "when?"
I'm prepared. Bring it.
Liberty: Parent of Science & Industry
The more amusing thing is the claim, clearly stated, that you and Schiff KNOW the future.
Liberty: Parent of Science & Industry
Meaning, we had a chance to sell some (or more
How many ounces of each do you think will be offered up for sale the next time they are at those levels? What will that increase in supply do to prices?
How many new buyers are going to look at the charts going back 40 years, and rush to chase silver and gold to new all-time (nominal) highs above $50 and $2000?
(never mind the inflation-adjusted highs from 1979-80, which still have not been eclipsed?)
edited to add, I also believe those same charts will limit the downside of the metals. I'd be a heavy buyer of gold and silver below $900 and $14, for example
Liberty: Parent of Science & Industry
<< <i>The more amusing thing is the claim, clearly stated, that you and Schiff KNOW the future. >>
In the context of my post (reduced available supply due to Chinese hoarding) I know the future for gold.
<< <i> My other thought about gold and silver, since you asked, has been expressed before: I am likely not alone in feeling "fooled me once". >>
You only fooled yourself into believing what goes up cannot go down. As an asset, gold is subject to the same forces (probably even moreso) as other assets. Knowing when to sell is just as important as knowing when to buy. Buying low and selling high involves knowing what is low and what is high.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Unfortunately most on this board only know when to buy, at least all they've ever said, while regurgitating the same old mantra over and over again, citing some blog or misinterpreted facts, praying and hoping.
In the context of my post (reduced available supply due to Chinese hoarding) I know the future for gold.
You are aware that new supplies of gold are "printed" everyday, right?
I would really like someone to tell me how if the Chinese people had all the gold in the world that they would become superior to American people? Or how the Chinese Govt would be superior to the American Govt? Or how Chinese Universities would be superior to American Universities? Or how Chinese hospitals would be superior to American hospitals. Or how a Chinese airplane would be superior to an American airplane.
Knowledge is the enemy of fear
Fascinating, after today I have changed my ideas regarding silver and as an investment, maybe fair value $10? Per oz, since obviously what the market is saying is silver is worthless ( or can't significantly go higher) unless there is some type of QE involved, if silver has no significant value now, then it seems there are way better places to invest with less risk than silver...and with more potential gain... Price is reality and if it takes QE to create value then there is no value...
<< <i>In the context of my post (reduced available supply due to Chinese hoarding) I know the future for gold. >>
<< <i>You are aware that new supplies of gold are "printed" everyday, right? >>
I'm also aware that all the gold being "printed" in China is also going into it's deep storage vaults.
<< <i>I would really like someone to tell me how if the Chinese people had all the gold in the world that they would become superior to American people? Or how the Chinese Govt would be superior to the American Govt? Or how Chinese Universities would be superior to American Universities? Or how Chinese hospitals would be superior to American hospitals. Or how a Chinese airplane would be superior to an American airplane. >>
Can't tell you how, but probably the same way it worked for America, when they had the gold.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Liberty: Parent of Science & Industry
So if America never had any gold its people would not have developed the automobile business, invented airplanes, produced nuclear energy, found a cure for polio, or put a man on the moon?
Im beginning to understand now the psychology behind the unceasing belief in conspiracy theories.
Can't tell you how
This I believe is a very true statement and is why I question you.
Knowledge is the enemy of fear
keceph `anah
thanks alot derryb...
UDA - ultimate deflated asset ...
what asset can one buy/invest in, with reasonable expectation of big returns, that is cheaper than it was like 30+ years ago?...
<< <i>so those all previous thoughts, now to add the complexity of that with the yin-yang of what may be the UDA...
UDA - ultimate deflated asset ...
what asset can one buy/invest in, with reasonable expectation of big returns, that is cheaper than it was like 30+ years ago?... >>
Thats a complex question but I'll throw out a simple answer....Detroit.
Knowledge is the enemy of fear
Here's some of that evidence that you'll want to ignore.
I knew it would happen.
<< <i>
<< <i>so those all previous thoughts, now to add the complexity of that with the yin-yang of what may be the UDA...
UDA - ultimate deflated asset ...
what asset can one buy/invest in, with reasonable expectation of big returns, that is cheaper than it was like 30+ years ago?... >>
Thats a complex question but I'll throw out a simple answer....Detroit. >>
good luck wid dat one.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>so those all previous thoughts, now to add the complexity of that with the yin-yang of what may be the UDA...
UDA - ultimate deflated asset ...
what asset can one buy/invest in, with reasonable expectation of big returns, that is cheaper than it was like 30+ years ago?... >>
Thats a complex question but I'll throw out a simple answer....Detroit. >>
yes, yes, very astute... gilbert ( Cleveland Cavs owner) has invested millions in detroit and has made significant returns, and will make more, millions more...
also i saw somewhere about entrepreneurs moving back to and to Detroit to open business's and finding much success, it was a news release with film/story but dont remember where...
im sure its (Detroit) an investor's dream, another one of those once in a lifetime deals that people dream of...
but since i dont want to move to Detroit, i have to say besides the big D, the ultimate real estate is gold that is bought right...
silver possibly second...
<< <i>since i dont want to move to Detroit >>
Why not?
Detroit is not an investor's dream, it is an investor's long shot.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Derry, what would be your answer to the young lads question? What is cheaper than 30 years ago and has lots of potential?
Knowledge is the enemy of fear
<< <i>There are some very lovely suburbs in the Detroit area. Investing in Detroit requires free thinking, its not something you will find in a blog.
Derry, what would be your answer to the young lads question? What is cheaper than 30 years ago and has lots of potential? >>
Thanks to monetary policy there is not much out there that is cheaper than it was 30 years ago. I would advise him to weigh future potential against current cost.
There are also some loveliest views in the world in Iran. Been there. Investing in Detroit carries great risk. Manufacturing will not return to anywhere near the scale it was. The only chance for a revitalized Detroit is major investment by a large entity that first scoops it up on the cheap. As with all investments, an individual must consider the odds.
FWIW I find some of the best "free thinking" in blogs. While I do not always agree with a particular opinion I always welcome the thought behind it.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
<< <i>
<< <i>since i dont want to move to Detroit >>
Why not?
Detroit is not an investor's dream, it is an investor's long shot. >>
i will redefine what i meant...
Detroit is a successful investor's dream...
<< <i>I like the idea.... however, most of these predictions are as good as mine - sometimes they are right, mostly wrong....
as are mine
Knowledge is the enemy of fear
<< <i>So derryb, you would rather invest in Iran than Detroit? WOW!! This coupled with some of your comments in other threads is unfathomable. >>
What is unfathomable is the way you continue to twist words posted here until you get them to say you want them to say. You said Detroit had some lovely suburbs, I said so what, there are some lovely views in Iran. That doesn't make either worth investing in.
Don't like my comments? Probably because when you read them they mean something entirely different as your brain processes them. I'm sure this is a medical condition that can be treated. Seek help.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
You still havent answered the question. Couldnt find it in a blog?
Knowledge is the enemy of fear
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
What ever happened to Peter?
This was another interesting thread from nearly half a decade ago. Aliens, economic theory, manipulation (and requests for proof never answered), End of World signs--this thread has it all.
Not sure if we could ask for a better example of precious metals banter.
Knowledge is the enemy of fear
How are those investments in Detroit coming along?
I knew it would happen.
Apparently quite well for those who do not actively seek fear and despair and have a moribund outlook.
https://money.cnn.com/2018/07/14/news/economy/detroit-entrepreneurship/index.html
https://mlive.com/news/detroit/index.ssf/2018/05/detroits_building_boom_is_this.html
https://forbes.com/sites/jpmorganchase/2017/06/02/americas-comeback-city-the-rebirth-of-detroit/#33d2dccb37a5
https://bridgemi.com/economy/jobs-are-plentiful-and-wages-are-booming-michigan-no-really
https://soneticscorp.com/construction-news-5-boom-cities-of-2018/
Knowledge is the enemy of fear