<< <i>Indeed. My youngest is learning about false promises, disappointment, and lost opportunity now that he has lost 20% of his money via silver. >>
If he still has it, tell him Derry said to consider it money in the bank. >>
Money in the Bank? Or a hard learning lesson not to pay heed to internet hype or conspiracy advocates. PM's are not money in the bank, but refined ore turned into clumps of metals, which may or may not increase in value after being purchased. Learn to take with a "grain of salt," at all the rhetoric tossed around from those that have large financial positions or are peddlers in PM's.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
<< <i> PM's are not money in the bank, but refined ore turned into clumps of metals, which may or may not increase in value after being purchased. >>
Well said. For that matter, money in the bank is not money in the bank as that loot has lost 25% or more of value in the last 6 years.
Good thing about loose monetary policy is that everything eventually gets bailed out eventually in nominal terms, though real losses can be substantial.
<< <i>For that matter, money in the bank is not money in the bank as that loot has lost 25% or more of value in the last 6 years. >>
its statements like this that i vehemently disagree with, lost 25% compared to what? specifically?, everything one can buy?
people make a general statement as a mantra for some type of actionable trade or investment theory, i say nonsense... >>
I am basing the calculation on sub 1% return and 5% inflation.
The loss is against a market basket of goods and services. Food, auto's, education, medical, two fillings that cost me $400 last week.
I have no investment agenda. I believe gold and silver are fairly priced or a bit high at current levels. Regarding stocks and bonds, I ask only that the fed quits manipulating those markets as the next crash will be more devastating than the last.
As has been pointed out earlier.....accepting sub 1% returns is a bad investment decision. All markets are manipulated...don't fool yourself. And, life isn't fair. Get over it.
Successful trades/buys/sells with gdavis70, adriana, wondercoin, Weiss, nibanny, IrishMike, commoncents05, pf70collector, kyleknap, barefootjuan, coindeuce, WhiteTornado, Nefprollc, ajw, JamesM, PCcoins, slinc, coindudeonebay,beernuts, and many more
<< <i>As has been pointed out earlier.....accepting sub 1% returns is a bad investment decision. All markets are manipulated...don't fool yourself. And, life isn't fair. Get over it. >>
I have been able to navigate the manipulated markets fairly well. Seems disingenuous of our elected officials to choose winners and losers. Especially when they eagerly accept huge payouts from the beneficiaries as Bernanke has so brazenly done.
I do not believe that this has been to such a high degree as recently. Perhaps it has but now the information is much more available.
If that is ok with you, Mariner, so be it. I do not accept corruption from those that I elect.
Why do you hate Bernanke so? Did he force people to buy houses valued at 10x their income? Did he force people if retirement age to cut back in spending? I guess we all need a scapegoat for our sins.
Comments
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<< <i>I want cold hard facts, not some opinion from Zerohedge or Willie. Show me something indisputable. >>
My kids watch cartoons also. >>
Hopefully at least they learn something. >>
Indeed. My youngest is learning about false promises, disappointment, and lost opportunity now that he has lost 20% of his money via silver.
Knowledge is the enemy of fear
<< <i>Indeed. My youngest is learning about false promises, disappointment, and lost opportunity now that he has lost 20% of his money via silver. >>
If he still has it, tell him Derry said to consider it money in the bank.
Natural forces of supply and demand are the best regulators on earth.
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<< <i>Indeed. My youngest is learning about false promises, disappointment, and lost opportunity now that he has lost 20% of his money via silver. >>
If he still has it, tell him Derry said to consider it money in the bank. >>
Money in the Bank? Or a hard learning lesson not to pay heed to internet hype or conspiracy advocates. PM's are not money in the bank, but refined ore turned into clumps of metals, which may or may not increase in value after being purchased.
Learn to take with a "grain of salt," at all the rhetoric tossed around from those that have large financial positions or are peddlers in PM's.
<< <i>Indeed. My youngest is learning about false promises, disappointment, and lost opportunity now that he has lost 20% of his money via silver. >>
He hasn't lost anything if he hasn't sold anything. It's value is a little less against the dollars he put into it. He'll be in the black soon.
Too many positive BST transactions with too many members to list.
<< <i> PM's are not money in the bank, but refined ore turned into clumps of metals, which may or may not increase in value after being purchased. >>
Well said. For that matter, money in the bank is not money in the bank as that loot has lost 25% or more of value in the last 6 years.
Good thing about loose monetary policy is that everything eventually gets bailed out eventually in nominal terms, though real losses can be substantial.
<< <i> PM's are not money in the bank, but refined ore turned into clumps of metals, which may or may not increase in value after being purchased. >>
And dollars in the bank are nothing more than ink and paper which will definitely lose value after being deposited. Pick your poison.
Natural forces of supply and demand are the best regulators on earth.
<< <i>For that matter, money in the bank is not money in the bank as that loot has lost 25% or more of value in the last 6 years. >>
its statements like this that i vehemently disagree with, lost 25% compared to what? specifically?, everything one can buy?
people make a general statement as a mantra for some type of actionable trade or investment theory, i say nonsense...
<< <i>
<< <i>For that matter, money in the bank is not money in the bank as that loot has lost 25% or more of value in the last 6 years. >>
its statements like this that i vehemently disagree with, lost 25% compared to what? specifically?, everything one can buy?
people make a general statement as a mantra for some type of actionable trade or investment theory, i say nonsense... >>
I am basing the calculation on sub 1% return and 5% inflation.
The loss is against a market basket of goods and services. Food, auto's, education, medical, two fillings that cost me $400 last week.
I have no investment agenda. I believe gold and silver are fairly priced or a bit high at current levels. Regarding stocks and bonds, I ask only that the fed quits manipulating those markets as the next crash will be more devastating than the last.
All markets are manipulated...don't fool yourself.
And, life isn't fair. Get over it.
Knowledge is the enemy of fear
<< <i>As has been pointed out earlier.....accepting sub 1% returns is a bad investment decision.
All markets are manipulated...don't fool yourself.
And, life isn't fair. Get over it. >>
I have been able to navigate the manipulated markets fairly well. Seems disingenuous of our elected officials to choose winners and losers. Especially when they eagerly accept huge payouts from the beneficiaries as Bernanke has so brazenly done.
I do not believe that this has been to such a high degree as recently. Perhaps it has but now the information is much more available.
If that is ok with you, Mariner, so be it. I do not accept corruption from those that I elect.
Knowledge is the enemy of fear