You have a hard time understanding the difference between something with artificial value, and something that has real value.
Again; Place in one hand a gold coin, and in the other, a paper note. Which one is real wealth that has been wealth for thousands of years? Which one is nothing more than a paper scam created by bankers to control and manipulate people? Hmm.... Case closed!
STM, I thought you were done debating about 10 posts ago..
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
You have a hard time understanding the difference between something with artificial value, and something that has real value.
Again; Place in one hand a gold coin, and in the other, a paper note. Which one is real wealth that has been wealth for thousands of years? Which one is nothing more than a paper scam created by bankers to control and manipulate people? Hmm.... Case closed! >>
Hmmm. So you're asking me to choose between the following:
1) A useless rock that provides no income, no function, and is literally the ultimate "manipulated" item of value that derives is price SOLEY from the ability of past generations to successfully perpetrate the Jedi mind trick from their graves
2) Ownership rights in companies that provide necessary goods and services for members of society, which pay out money in my pocket on a quarterly basis and the value of such companies which have risen dramatically over all long term periods and is the most liquid form of investment
Hmmm. Let me get back to you on that one. >>
There's no need to. I can see how the bankers have captured your mind. Real wealth, back by thousands of years of it being such, can't possibly be as important as some paper stock backed with devalued dollars in a rigged market. I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can?
Sometimes, a little bit of knowledge can be a dangerous thing.
I forget who said that once, but after reading this thread, whoever it was, is spot on, lol..
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
You didn't answer the question posed many times to you.
Again; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can? >>
You are clearly referring to derivatives and not stocks, though I really don't think you understand that. As for your question, assuming that stocks are not overvalued (as I think they are now) it's not even worthy of an answer.
However, to put your mind at ease, let me just say this. It would scare the CRAP out of me to put more than 10-15% in PMs (and that's only assuming they decline AT LEAST 40-50% from here). AND I only do that literally relying on the stupidity of human beings in the future to continue to want to value these useless rocks. I'd have NO QUALMS about putting 150% of my worth in stocks if I thought they were undervalued. >>
I fully understand the markets, thank you very much. Stop the nonsense of belittlement.
All of this stuff they push is worthless paper. Yes, even stocks, because as has been stated before, they buy their own stocks to give it 'perceived value' so people will buy in to it so they can cash out and make money. Essentially, nothing more than market manipulation through smoke and mirrors.
Here is the question you continue to dodge; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can?
<< <i>Sometimes, a little bit of knowledge can be a dangerous thing.
I forget who said that once, but after reading this thread, whoever it was, is spot on, lol.. >>
Other than trolling this thread to add to your 20,000 plus posts over the last 8 years, what do you have to add about the debate at hand? >>
It's not a debate when the counterpart is a self-proclaimed pontificator with tunnel vision.
As to your "question" (which is really just another supposition on your part with no empirical data to support it), it really is rather ridiculous and not worthy of a response in the first place. Sorry.
But you were done responding in this thread anyway, right?
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
You didn't answer the question posed many times to you.
Again; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can? >>
You are clearly referring to derivatives and not stocks, though I really don't think you understand that. As for your question, assuming that stocks are not overvalued (as I think they are now) it's not even worthy of an answer.
However, to put your mind at ease, let me just say this. It would scare the CRAP out of me to put more than 10-15% in PMs (and that's only assuming they decline AT LEAST 40-50% from here). AND I only do that literally relying on the stupidity of human beings in the future to continue to want to value these useless rocks. I'd have NO QUALMS about putting 150% of my worth in stocks if I thought they were undervalued. >>
I fully understand the markets, thank you very much. Stop the nonsense of belittlement.
All of this stuff they push is worthless paper. Yes, even stocks, because as has been stated before, they buy their own stocks to give it 'perceived value' so people will buy in to it so they can cash out and make money. Essentially, nothing more than market manipulation through smoke and mirrors.
Here is the question you continue to dodge; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can? >>
It's all too clear you need to go to business school. That isn't belittlement. That is friendly advice because there is SO much you touch upon that you don't seem to understand and I don't have the years to educate you. >>
Of course. You are the smart one here. Since you are, please answer the question; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can?
<< <i>Sometimes, a little bit of knowledge can be a dangerous thing.
I forget who said that once, but after reading this thread, whoever it was, is spot on, lol.. >>
Other than trolling this thread to add to your 20,000 plus posts over the last 8 years, what do you have to add about the debate at hand? >>
It's not a debate when the counterpart is a self-proclaimed pontificator with tunnel vision.
As to your "question" (which is really just another supposition on your part with no empirical data to support it), it really is rather ridiculous and not worthy of a response in the first place. Sorry.
But you were done responding in this thread anyway, right? >>
Of course, Grote. I wouldn't expect anymore out of you than that for an answer. It's no wonder you have 20,000 posts in just about a year more than it has taken myself to accumulate just shy of 2,000.
When you stop generalizing and put forth some FACTS, I'd be more than happy to explain why, how, when and in what manner you happen to be wrong. Who are these banks that are "hoarding" all this gold? How much are they hoarding? What manner are they hoarding it in? And what paper are they exactly pushing? How much of it are they pushing? Just exactly how are they manipulating it in your mind? Why is the "paper" worthless? >>
This is called being evasive, Baseball. I asked you a simple question and you refuse to answer it because you know answering truthfully will validate my point from the start. Fact is the bankers are hoarding gold. Using any search engine to find out more since you claim to need more facts on the subject.
Once you are done researching, come back here and answer the question; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can?
When you stop generalizing and put forth some FACTS, I'd be more than happy to explain why, how, when and in what manner you happen to be wrong. Who are these banks that are "hoarding" all this gold? How much are they hoarding? What manner are they hoarding it in? And what paper are they exactly pushing? How much of it are they pushing? Just exactly how are they manipulating it in your mind? Why is the "paper" worthless? >>
This is called be evasive, Baseball. I asked you a simply question and you refuse to answer it because you know answering truthfully will validate my point from the start. Fact is the bankers are hoarding gold. Using any search engine to find out more since you claim to need more facts on the subject.
Once you are done researching, come back here and answer the question; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can? >>
I'm not being evasive at all. You asked a "question" which presumed MANY facts in evidence which are NOT, nor do I subscribe to the notion that any of your claims are accurate. How am I suppose to answer a question that is filled with so many errors to begin with? If you can clarify your position and SUPPORT them, as most reasonable people would, then we'd all have a better understanding of why you are so clueless. I don't really mean to be so harsh, but it is what it is.
I'm TRYING to HELP YOU! If you can actually answer the question that I put forth, THEN, we can begin to deduce whether you've even asked a valid question to begin with. And if it isn't valid, then how is one to answer it? >>
You are being evasive and refusing to answer the question as to why Bankers hoard gold while they push paper assets to the people. That's ok if you want to make up excuses as to why you won't answer the question. The fact remains. Gold is real wealth. Paper is not. That is what this all boils down to whether some of you want to admit it or not.
There are zero facts banks are hoarding gold, fact - the job of the bank is to push paper, that's its best efficiency...
Oh by the way how do I or anyone else obtain gold? Or maybe better question, what's the easiest way to get some oz's in ones hand?... How do I pay and with what?...
Edit to add - if I can possibly get some with paper, then thats some pretty valuable paper...
<< <i>I have one for you baseball: have the aliens stopped beaming deranged thoughts into his head, or are they still doing it daily?
Well?!? Which is it? And, mister smart guy, WHY are they doing it?? Huh? Huh? huh? huh? >>
Good one. It's OBVIOUS that you clearly see the problem at hand.
I'm not trying to be mean and I really never get frustrated online but I have to say that STM has gotten about as close as anyone and you seem to understand why. >>
It's pretty sad when a thread has to go from debating the topic at hand into personal insults, belittlement, and poking fun with childish games at one whom you disagree with. It doesn't change the facts, guys. The markets are being manipulated, and it has been proven by many experts. A quick online search can find you tons of articles about such. But some of you aren't interested in the facts.
Bankers know Gold is the real wealth. That is why you see all of the central banks hoarding it.
Innovation, invention, critical problem solving, knowledge, understanding, skills, proper decision making, implementing of systems, amongst many others are wealth...
Edit to add- anything one holds in their hand can be lost or taken away, whats between your ears in your head can't...
Innovation, invention, critical problem solving, knowledge, understanding, skills, proper decision making, implementing of systems, amongst many others are wealth... >>
Well, Gold's 5,000 year history of being wealth begs to differ.
<< <i>BTW, in case you weren't aware of the obvious, banks own TONS of stocks. >>
What they own real tons of is treasury securities. The fed induced and funded purchases have created a bogus low interest rate environment that has propped the equities market to an unsustainable "where else can I put my money" level. When the 2.2% ten year note catches up with the real inflation rate, stocks will get hammered.
I promise not to say I told you so and hope that Stan and the other fiscal conservatives of the forum refrain as well.
<< <i>BTW, in case you weren't aware of the obvious, banks own TONS of stocks. >>
What they own real tons of is treasury securities. The fed induced and funded purchases have created a bogus low interest rate environment that has propped the equities market to an unsustainable "where else can I put my money" level. When the 2.2% ten year note catches up with the real inflation rate, stocks will get hammered.
I promise not to say I told you so and hope that Stan and the other fiscal conservatives of the forum refrain as well. >>
If they want to trust these bankers and their manipulated markets, they get everything they deserve. It's just a matter of time before you get bit when playing with rattlesnakes.
<< <i>If you don't physically possess/own something, it's truly not yours. It's just a promise made on paper. Many will figure that out a little too late one of these days. >>
Those that owned K-Mart and General Motors stock pre bankruptcy figured that out. >>
Try explaining that to Mr. Yankee Baseball. >>
I think the both of you together would have difficult time explaining the ABCs to a high school classroom as you constantly talk in circles saying absolutely nothing but spouting "The end is nigh!!!" >>
You are a very rude person that I am done trying to have a civilized debate with. I hate to be mean, but go ahead and invest everything you have in the market. Trust the people playing you like a fiddle with their rigged market. You were warned. >>
Innovation, invention, critical problem solving, knowledge, understanding, skills, proper decision making, implementing of systems, amongst many others are wealth... >>
Well, Gold's 5,000 year history of being wealth begs to differ. >>
Oh really? Lol... What evidence do u have and please present concrete evidence starting from 5000 years ago til present time using maybe 100 year time frames would be good... And also some type of kingdom decrees or documentation like that...
Gold maybe a by product of wealth, but for sure it is not wealth...
Innovation, invention, critical problem solving, knowledge, understanding, skills, proper decision making, implementing of systems, amongst many others are wealth...
Edit to add- anything one holds in their hand can be lost or taken away, whats between your ears in your head can't... >>
I so much like your posts better when you don't use texting shorthand.
BTW--your comment above should be in the top 3 of this years most outstanding.
Innovation, invention, critical problem solving, knowledge, understanding, skills, proper decision making, implementing of systems, amongst many others are wealth... >>
Well, Gold's 5,000 year history of being wealth begs to differ. >>
Oh really? Lol... What evidence do u have and please present concrete evidence starting from 5000 years ago til present time using maybe 100 year time frames would be good... And also some type of kingdom decrees or documentation like that...
Gold maybe a by product of wealth, but for sure it is not wealth... >>
Of course Gold isn't true wealth. You ~smart guys~ know that all too well. LOL..
<< <i>So is a SHOUTOUT to Janet YELLEN appropriate? >>
Sure, money from thin air is always the best. >>
If you aint shoutin, you aint yellen.
Then again if I was to run into the old gal, I'd give her a kiss on the cheek and say thanks for the $25K she helped me make this week that I didn't do a lick of work for. OTOH that pound of gold in my SDB aint doin so hot.
Innovation, invention, critical problem solving, knowledge, understanding, skills, proper decision making, implementing of systems, amongst many others are wealth... >>
Well, Gold's 5,000 year history of being wealth begs to differ. >>
Oh really? Lol... What evidence do u have and please present concrete evidence starting from 5000 years ago til present time using maybe 100 year time frames would be good... And also some type of kingdom decrees or documentation like that...
Gold maybe a by product of wealth, but for sure it is not wealth... >>
Of course Gold isn't true wealth. You ~smart guys~ know that all too well. LOL.. >>
Didn't organized religions begin about 5000 years ago. Hmmmmm. Maybe that's why you can't spell gold without G-O-D.
I believe when a market expert like Paul Craig Roberts states the markets are being manipulated, it has merit. To suggest otherwise is blind denial.
Here is a piece of his article;
The stock market is high because corporations are the biggest purchases of stock. Buying back their own stock supports or raises the share price, enabling executives and boards to sell their shares or cash in their options at a profitable price. The cash that Quantitative Easing has given to the mega-banks leaves ample room for speculating in stocks, thus pushing up the price despite the absence of fundamentals that would support a rising stock market.
In other words, in America today there are no free financial markets. The markets are rigged by the Federal Reserve’s Quantitative Easing, by gold price manipulation, by the Treasury’s Plunge Protection Team and Exchange Stabilization Fund, and by the big private banks.
Allegedly, QE is over, but it is not. The Fed intends to roll over the interest and principle from its bloated $4.5 trillion bond portfolio into purchases of more bonds, and the banks intend to fill in the gaps by using the $2.6 trillion in their cash on deposit with the Fed to purchase bonds. QE has morphed, not ended. The money the Fed paid the banks for bonds will now be used by the banks to support the bond price by purchasing bonds.
Normally when massive amounts of debt and money are created the currency collapses, but the dollar has been strengthening. The dollar gains strength from the rigging of the gold price in the futures market. The Federal Reserve’s agents, the bullion banks, print paper futures contracts representing many tonnes of gold and dump them them into the market during periods of light or nonexistent trading. This drives down the gold price despite rising demand for the physical metal. This manipulation is done in order to counteract the effect of the expansion of money and debt on the dollar’s exchange value. A declining dollar price of gold makes the dollar look strong.
If nothing else, STM is quite adept at cutting and pasting..
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Didn't organized religions begin about 5000 years ago
Yes, they began with visitations by the sky brothers whom the primitives thought were "gods" but they weren't magic, they just had advanced technology.
<< <i>If nothing else, STM is quite adept at cutting and pasting.. >>
If nothing else, you are good at trolling while adding nothing about the topic at hand. 20,000+ posts in just about the same time it has taken me to accumulate just shy of 2,000. I know the piling on one person is an old high school game of 'popularity/security in numbers' game some never outgrow, but it's doesn't make it any less petty. That is what this thread is turning in to and it's pointless because I am casting my pearls before the swine. If some want to risk their live savings in a rigged market, go right ahead. Those bankers love ya.
These ancient extraterrestrials encoded the love of gold into the human DNA, and programmed them to love the metal, to mine and refine it, to store it together in stone buildings and underground vaults for easy recovery when they return, and to spread the "Truth" of the mystical properties of the element. Challenge: Prove it ain't so
<< <i>If nothing else, STM is quite adept at cutting and pasting.. >>
If nothing else, you are good at trolling while adding nothing about the topic at hand. 20,000+ posts in just about the same time it has taken me to accumulate just shy of 2,000. I know the piling on one person is an old high school game of 'popularity in numbers' game some never outgrow, but it's doesn't make it any less petty. >>
Hey, take heart, at this rate, you will eclipse 20,000 posts in no time, LOL..
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>If nothing else, STM is quite adept at cutting and pasting.. >>
Lol, anyways if the markets are manipulated, so what? If they are and a mastermind knows it, then make a couple hundred million billion dollars and go buy gold and start your own country, otherwise why cry wolf?... And did STM state that all he owns is gold? He must be wealthy, I wonder what he pays his electric bill with... Or how he gets food and drink or shelter, he may be the next E or L Ron Hubbard lol...
I notice he never really answers any questions... Lol...
If some want to be blind and act like nothing is being manipulated by the bankers in this market, more power to you. I have a feeling the arrogant attitudes are going to disappear quickly when the hammer drops. No economy in history has even been propped up with smoke and mirrors that did not eventually collapse. We are not any different here in America no matter what some may think.
<< <i>If some want to be blind and act like nothing is being manipulated by the bankers in this market, more power to you. I have a feeling the arrogant attitudes are going to disappear quickly when the hammer drops. No economy in history has even been propped up with smoke and mirrors that did not eventually collapse. We are not any different here in America no matter what some may think. >>
NO ONE has suggested that manipulation is not going on. Nothing has been more arrogant than your attitude that your view is absolutely correct and not be questioned in any way. >>
Wrong. You need to go back and read how this thread started. I never said my view could not be questioned. You are trying to spin this around, when it's actually you and your pals who like to pile on, who claim to know everything, and if anyone disagrees, they are met with personal insults, name calling, belittling comments, suggesting people with opposing views are nuts, etc..
Now, after all of this you actually agree with me that the markets are being manipulated? Unreal...
<< <i>If some want to be blind and act like nothing is being manipulated by the bankers in this market, more power to you. I have a feeling the arrogant attitudes are going to disappear quickly when the hammer drops. No economy in history has even been propped up with smoke and mirrors that did not eventually collapse. We are not any different here in America no matter what some may think. >>
NO ONE has suggested that manipulation is not going on. Nothing has been more arrogant than your attitude that your view is absolutely correct and not be questioned in any way. >>
Wrong. You need to go back and read how this thread started. I never said my view could not be questioned. You are trying to spin this around, when it's actually you and your pals who like to pile on, who claim to know everything, and if anyone disagrees, they are met with personal insults, name calling, belittling comments, suggesting people with opposing views are nuts, etc..
Now, after all of this you actually agree with me that the markets are being manipulated? Unreal... >>
One, I NEVER disagreed with you that the markets are manipulated. In fact, I've made MANY posts stating many things to just that effect. Unreal...that your reading comprehension is THAT bad.
YOU need to go back and read this thread. YOU stated that stocks are WORTHLESS. Not overvalued. WORTHLESS. You've NEVER once backed off that stance. YOU are the one spinning here. I have COMPLETELY consistent in my position throughout this thread. >>
Yes, stocks are essentially worthless because they are nothing more than promises on a piece paper. They have to create an artificial value for these items by buying their own stocks just to give them perceived valued so they can get people to buy in to them, so they can bail out of them, and make money on the people willing to buy in to this 'scheme'. This is the opposite of Gold that is true wealth you can hold in the palm of your hand. If a collapse happens, you will have your Gold. True wealth. Not a worthless piece of paper. Good luck getting anything for those paper stocks if and when we have a melt down. As MGLicker said, ask the holders of GM how things worked out for them.
Sure, we can split hairs on the technicality of wording. They may not be worthless as in zero, but when it's pretty much close to that, does it really matter? Not really.
<< <i>If some want to be blind and act like nothing is being manipulated by the bankers in this market, more power to you. I have a feeling the arrogant attitudes are going to disappear quickly when the hammer drops. No economy in history has even been propped up with smoke and mirrors that did not eventually collapse. We are not any different here in America no matter what some may think. >>
NO ONE has suggested that manipulation is not going on. Nothing has been more arrogant than your attitude that your view is absolutely correct and not be questioned in any way. >>
Wrong. You need to go back and read how this thread started. I never said my view could not be questioned. You are trying to spin this around, when it's actually you and your pals who like to pile on, who claim to know everything, and if anyone disagrees, they are met with personal insults, name calling, belittling comments, suggesting people with opposing views are nuts, etc..
Now, after all of this you actually agree with me that the markets are being manipulated? Unreal... >>
One, I NEVER disagreed with you that the markets are manipulated. In fact, I've made MANY posts stating many things to just that effect. Unreal...that your reading comprehension is THAT bad.
YOU need to go back and read this thread. YOU stated that stocks are WORTHLESS. Not overvalued. WORTHLESS. You've NEVER once backed off that stance. YOU are the one spinning here. I have COMPLETELY consistent in my position throughout this thread. >>
Yes, stocks are essentially worthless because they are nothing more than promises on a piece paper. They have to create an artificial value for these items by buying their own stocks just to give them perceived valued so they can get people to buy in to them, so they can bail out of them, and make money on the people willing to buy in to this 'scheme'. This is the opposite of Gold that is true wealth you can hold in the palm of your hand. If a collapse happens, you will have your Gold. True wealth. Not a worthless piece of paper. Good luck getting anything for those paper stocks if and when we have a melt down. As MGLicker said, ask the holders of GM how things worked out for them.
Sure, we can split hairs on the technicality of wording. They may not be worthless as in zero, but when it's pretty much close to that, does it really matter? Not really. >>
I completely and unregrettably stand by the following statement:
You are an IDIOT!!! >>
Of course. More of your name calling when you have nothing else. You go ahead and buy into your paper pipe dream. If people want to be willfully ignorant as to what real physical wealth is, then so be it.
<< <i>If some want to be blind and act like nothing is being manipulated by the bankers in this market, more power to you. I have a feeling the arrogant attitudes are going to disappear quickly when the hammer drops. No economy in history has even been propped up with smoke and mirrors that did not eventually collapse. We are not any different here in America no matter what some may think. >>
NO ONE has suggested that manipulation is not going on. Nothing has been more arrogant than your attitude that your view is absolutely correct and not be questioned in any way. >>
Wrong. You need to go back and read how this thread started. I never said my view could not be questioned. You are trying to spin this around, when it's actually you and your pals who like to pile on, who claim to know everything, and if anyone disagrees, they are met with personal insults, name calling, belittling comments, suggesting people with opposing views are nuts, etc..
Now, after all of this you actually agree with me that the markets are being manipulated? Unreal... >>
One, I NEVER disagreed with you that the markets are manipulated. In fact, I've made MANY posts stating many things to just that effect. Unreal...that your reading comprehension is THAT bad.
YOU need to go back and read this thread. YOU stated that stocks are WORTHLESS. Not overvalued. WORTHLESS. You've NEVER once backed off that stance. YOU are the one spinning here. I have COMPLETELY consistent in my position throughout this thread. >>
Yes, stocks are essentially worthless because they are nothing more than promises on a piece paper. They have to create an artificial value for these items by buying their own stocks just to give them perceived valued so they can get people to buy in to them, so they can bail out of them, and make money on the people willing to buy in to this 'scheme'. This is the opposite of Gold that is true wealth you can hold in the palm of your hand. If a collapse happens, you will have your Gold. True wealth. Not a worthless piece of paper. Good luck getting anything for those paper stocks if and when we have a melt down. As MGLicker said, ask the holders of GM how things worked out for them.
Sure, we can split hairs on the technicality of wording. They may not be worthless as in zero, but when it's pretty much close to that, does it really matter? Not really. >>
I completely and unregrettably stand by the following statement:
You are an IDIOT!!! >>
Of course. More of your name calling when you have nothing else. You go ahead and buy into your paper pipe dream. If people want to be willfully ignorant as to what real physical wealth is, then so be it. >>
It's not name calling. It's accurately describing. I could go on forever trying to explain why you just don't get it, but that's the problem, you REALLY just don't get it. >>
No, it's nothing more than juvenile name calling. I get it. You are one of the people who buy into this system and the paper they use to manipulate everyone with. That mainstream media controlled by the bankers sure has been an effective tool on the ones they have deceived.
<< <i>If some want to be blind and act like nothing is being manipulated by the bankers in this market, more power to you. I have a feeling the arrogant attitudes are going to disappear quickly when the hammer drops. No economy in history has even been propped up with smoke and mirrors that did not eventually collapse. We are not any different here in America no matter what some may think. >>
NO ONE has suggested that manipulation is not going on. Nothing has been more arrogant than your attitude that your view is absolutely correct and not be questioned in any way. >>
Wrong. You need to go back and read how this thread started. I never said my view could not be questioned. You are trying to spin this around, when it's actually you and your pals who like to pile on, who claim to know everything, and if anyone disagrees, they are met with personal insults, name calling, belittling comments, suggesting people with opposing views are nuts, etc..
Now, after all of this you actually agree with me that the markets are being manipulated? Unreal... >>
One, I NEVER disagreed with you that the markets are manipulated. In fact, I've made MANY posts stating many things to just that effect. Unreal...that your reading comprehension is THAT bad.
YOU need to go back and read this thread. YOU stated that stocks are WORTHLESS. Not overvalued. WORTHLESS. You've NEVER once backed off that stance. YOU are the one spinning here. I have COMPLETELY consistent in my position throughout this thread. >>
Yes, stocks are essentially worthless because they are nothing more than promises on a piece paper. They have to create an artificial value for these items by buying their own stocks just to give them perceived valued so they can get people to buy in to them, so they can bail out of them, and make money on the people willing to buy in to this 'scheme'. This is the opposite of Gold that is true wealth you can hold in the palm of your hand. If a collapse happens, you will have your Gold. True wealth. Not a worthless piece of paper. Good luck getting anything for those paper stocks if and when we have a melt down. As MGLicker said, ask the holders of GM how things worked out for them.
Sure, we can split hairs on the technicality of wording. They may not be worthless as in zero, but when it's pretty much close to that, does it really matter? Not really. >>
I completely and unregrettably stand by the following statement:
You are an IDIOT!!! >>
Of course. More of your name calling when you have nothing else. You go ahead and buy into your paper pipe dream. If people want to be willfully ignorant as to what real physical wealth is, then so be it. >>
It's not name calling. It's accurately describing. I could go on forever trying to explain why you just don't get it, but that's the problem, you REALLY just don't get it. >>
No, it's nothing more than juvenile name calling. I get it. You are one of the people who buy into this system and the paper they use to manipulate everyone with. That mainstream media controlled by the bankers sure has been an effective tool on the ones they have deceived. >>
Once again, you have a problem with reading comprehension. I've REPEATEDLY stated that I think this market is overvalued and that I am shorting it. However, I'm not STUPID to think that stocks are categorically "worthless" or anything close to. Your writing clearly shows that you have NO IDEA what a stock is. I'm incredulous at the notion but you obviously don't understand what a stock is. It's SO simple but you just don't know. >>
Your insults and assumptions are flat out wrong. Cut the bull. I know full well what a stock is. For you to suggest otherwise just shows you are trying to insult my intelligence because you don't like what I have to say. You see value in paper that is manipulated, and will plummet in value when the next crash hits. I don't. Big deal!
Like I said at the start of this thread, its a sucker's game. If you want to play the game go right ahead.
<< <i>[Obviously you DON'T know because you keep referring to it as a piece of "paper". It's LITERALLY an ownership in a business. Are all publicly held businesses essentially worthless? IBM, GE, Coke, and the thousands of stock traded companies are all essentially "worthless"? As for insulting your intelligence, I think you're doing a fantastic job of that all on your own.
It's not at all a question of whether I like what you have to say or not. It's that what you say is LITERALLY IDIOTIC. I'm not trying to be insulting. I'm just calling it like I see it. But feel free to say whatever you like. I'm having a great time here and some if not all of that is owed to you. >>
Of course a stock says you own a stake in a company. A piece of paper with a "promise", if you will. It doesn't mean much when a collapse happens. That same does not ring true for many hard physical assets. That is my point. I'll take the hard assets over a paper pipe dream.
The only thing truly IDIOTIC is to play a market that you know is rigged, but you toss your hard earned money in to it anyway.
<< <i>The only thing truly IDIOTIC is to play a market that you know is rigged, but you toss your hard earned money in to it anyway. >>
Stan, which markets are not rigged?
In this era of concentrated wealth and federal reserve management of markets, the non inside trader of any asset class is running uphill in lead snowshoes.
Seems that the buy and long term hold investors have the edge over the non professional traders as the corruption evens out over the longer term.
Comments
You have a hard time understanding the difference between something with artificial value, and something that has real value.
Again; Place in one hand a gold coin, and in the other, a paper note. Which one is real wealth that has been wealth for thousands of years? Which one is nothing more than a paper scam created by bankers to control and manipulate people? Hmm.... Case closed!
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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<< <i>Yankee Baseball,
You have a hard time understanding the difference between something with artificial value, and something that has real value.
Again; Place in one hand a gold coin, and in the other, a paper note. Which one is real wealth that has been wealth for thousands of years? Which one is nothing more than a paper scam created by bankers to control and manipulate people? Hmm.... Case closed!
Hmmm. So you're asking me to choose between the following:
1) A useless rock that provides no income, no function, and is literally the ultimate "manipulated" item of value that derives is price SOLEY from the ability of past generations to successfully perpetrate the Jedi mind trick from their graves
2) Ownership rights in companies that provide necessary goods and services for members of society, which pay out money in my pocket on a quarterly basis and the value of such companies which have risen dramatically over all long term periods and is the most liquid form of investment
Hmmm. Let me get back to you on that one. >>
There's no need to. I can see how the bankers have captured your mind. Real wealth, back by thousands of years of it being such, can't possibly be as important as some paper stock backed with devalued dollars in a rigged market. I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can?
<< <i>STM, I thought you were done debating about 10 posts ago.. >>
The case must be back open
Liberty: Parent of Science & Industry
<< <i>So is a SHOUTOUT to Janet YELLEN appropriate?
Sure, money from thin air is always the best.
You didn't answer the question posed many times to you.
Again; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can?
<< <i>It would scare the CRAP out of me to put more than 10-15% in PMs >>
Why would you put even a nickel into something that you consider to be nothing more than a worthless rock?
I forget who said that once, but after reading this thread, whoever it was, is spot on, lol..
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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<< <i>Yankee Baseball,
You didn't answer the question posed many times to you.
Again; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can? >>
You are clearly referring to derivatives and not stocks, though I really don't think you understand that. As for your question, assuming that stocks are not overvalued (as I think they are now) it's not even worthy of an answer.
However, to put your mind at ease, let me just say this. It would scare the CRAP out of me to put more than 10-15% in PMs (and that's only assuming they decline AT LEAST 40-50% from here). AND I only do that literally relying on the stupidity of human beings in the future to continue to want to value these useless rocks. I'd have NO QUALMS about putting 150% of my worth in stocks if I thought they were undervalued. >>
I fully understand the markets, thank you very much. Stop the nonsense of belittlement.
All of this stuff they push is worthless paper. Yes, even stocks, because as has been stated before, they buy their own stocks to give it 'perceived value' so people will buy in to it so they can cash out and make money. Essentially, nothing more than market manipulation through smoke and mirrors.
Here is the question you continue to dodge; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can?
<< <i>Sometimes, a little bit of knowledge can be a dangerous thing.
I forget who said that once, but after reading this thread, whoever it was, is spot on, lol.. >>
Other than trolling this thread to add to your 20,000 plus posts over the last 8 years, what do you have to add about the debate at hand?
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<< <i>Sometimes, a little bit of knowledge can be a dangerous thing.
I forget who said that once, but after reading this thread, whoever it was, is spot on, lol.. >>
Other than trolling this thread to add to your 20,000 plus posts over the last 8 years, what do you have to add about the debate at hand? >>
It's not a debate when the counterpart is a self-proclaimed pontificator with tunnel vision.
As to your "question" (which is really just another supposition on your part with no empirical data to support it), it really is rather ridiculous and not worthy of a response in the first place. Sorry.
But you were done responding in this thread anyway, right?
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
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<< <i>Yankee Baseball,
You didn't answer the question posed many times to you.
Again; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can? >>
You are clearly referring to derivatives and not stocks, though I really don't think you understand that. As for your question, assuming that stocks are not overvalued (as I think they are now) it's not even worthy of an answer.
However, to put your mind at ease, let me just say this. It would scare the CRAP out of me to put more than 10-15% in PMs (and that's only assuming they decline AT LEAST 40-50% from here). AND I only do that literally relying on the stupidity of human beings in the future to continue to want to value these useless rocks. I'd have NO QUALMS about putting 150% of my worth in stocks if I thought they were undervalued. >>
I fully understand the markets, thank you very much. Stop the nonsense of belittlement.
All of this stuff they push is worthless paper. Yes, even stocks, because as has been stated before, they buy their own stocks to give it 'perceived value' so people will buy in to it so they can cash out and make money. Essentially, nothing more than market manipulation through smoke and mirrors.
Here is the question you continue to dodge; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can? >>
It's all too clear you need to go to business school. That isn't belittlement. That is friendly advice because there is SO much you touch upon that you don't seem to understand and I don't have the years to educate you. >>
Of course. You are the smart one here. Since you are, please answer the question; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can?
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<< <i>Sometimes, a little bit of knowledge can be a dangerous thing.
I forget who said that once, but after reading this thread, whoever it was, is spot on, lol.. >>
Other than trolling this thread to add to your 20,000 plus posts over the last 8 years, what do you have to add about the debate at hand? >>
It's not a debate when the counterpart is a self-proclaimed pontificator with tunnel vision.
As to your "question" (which is really just another supposition on your part with no empirical data to support it), it really is rather ridiculous and not worthy of a response in the first place. Sorry.
But you were done responding in this thread anyway, right? >>
Of course, Grote. I wouldn't expect anymore out of you than that for an answer. It's no wonder you have 20,000 posts in just about a year more than it has taken myself to accumulate just shy of 2,000.
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When you stop generalizing and put forth some FACTS, I'd be more than happy to explain why, how, when and in what manner you happen to be wrong. Who are these banks that are "hoarding" all this gold? How much are they hoarding? What manner are they hoarding it in? And what paper are they exactly pushing? How much of it are they pushing? Just exactly how are they manipulating it in your mind? Why is the "paper" worthless? >>
This is called being evasive, Baseball. I asked you a simple question and you refuse to answer it because you know answering truthfully will validate my point from the start. Fact is the bankers are hoarding gold. Using any search engine to find out more since you claim to need more facts on the subject.
Once you are done researching, come back here and answer the question; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can?
Well?!? Which is it? And, mister smart guy, WHY are they doing it?? Huh? Huh? huh? huh?
Liberty: Parent of Science & Industry
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When you stop generalizing and put forth some FACTS, I'd be more than happy to explain why, how, when and in what manner you happen to be wrong. Who are these banks that are "hoarding" all this gold? How much are they hoarding? What manner are they hoarding it in? And what paper are they exactly pushing? How much of it are they pushing? Just exactly how are they manipulating it in your mind? Why is the "paper" worthless? >>
This is called be evasive, Baseball. I asked you a simply question and you refuse to answer it because you know answering truthfully will validate my point from the start. Fact is the bankers are hoarding gold. Using any search engine to find out more since you claim to need more facts on the subject.
Once you are done researching, come back here and answer the question; I wonder why those bankers like to hoard those 'useless rocks' while pushing their worthless and manipulated paper out as fast as they can? >>
I'm not being evasive at all. You asked a "question" which presumed MANY facts in evidence which are NOT, nor do I subscribe to the notion that any of your claims are accurate. How am I suppose to answer a question that is filled with so many errors to begin with? If you can clarify your position and SUPPORT them, as most reasonable people would, then we'd all have a better understanding of why you are so clueless. I don't really mean to be so harsh, but it is what it is.
I'm TRYING to HELP YOU! If you can actually answer the question that I put forth, THEN, we can begin to deduce whether you've even asked a valid question to begin with. And if it isn't valid, then how is one to answer it? >>
You are being evasive and refusing to answer the question as to why Bankers hoard gold while they push paper assets to the people. That's ok if you want to make up excuses as to why you won't answer the question. The fact remains. Gold is real wealth. Paper is not. That is what this all boils down to whether some of you want to admit it or not.
Oh by the way how do I or anyone else obtain gold? Or maybe better question, what's the easiest way to get some oz's in ones hand?...
How do I pay and with what?...
Edit to add - if I can possibly get some with paper, then thats some pretty valuable paper...
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<< <i>I have one for you baseball: have the aliens stopped beaming deranged thoughts into his head, or are they still doing it daily?
Well?!? Which is it? And, mister smart guy, WHY are they doing it?? Huh? Huh? huh? huh?
Good one. It's OBVIOUS that you clearly see the problem at hand.
I'm not trying to be mean and I really never get frustrated online but I have to say that STM has gotten about as close as anyone and you seem to understand why. >>
It's pretty sad when a thread has to go from debating the topic at hand into personal insults, belittlement, and poking fun with childish games at one whom you disagree with. It doesn't change the facts, guys. The markets are being manipulated, and it has been proven by many experts. A quick online search can find you tons of articles about such. But some of you aren't interested in the facts.
Bankers know Gold is the real wealth. That is why you see all of the central banks hoarding it.
Innovation, invention, critical problem solving, knowledge, understanding, skills, proper decision making, implementing of systems, amongst many others are wealth...
Edit to add- anything one holds in their hand can be lost or taken away, whats between your ears in your head can't...
<< <i>Gold is not wealth...
Innovation, invention, critical problem solving, knowledge, understanding, skills, proper decision making, implementing of systems, amongst many others are wealth... >>
Well, Gold's 5,000 year history of being wealth begs to differ.
Good job all and good night!
<< <i>BTW, in case you weren't aware of the obvious, banks own TONS of stocks. >>
What they own real tons of is treasury securities. The fed induced and funded purchases have created a bogus low interest rate environment that has propped the equities market to an unsustainable "where else can I put my money" level. When the 2.2% ten year note catches up with the real inflation rate, stocks will get hammered.
I promise not to say I told you so and hope that Stan and the other fiscal conservatives of the forum refrain as well.
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<< <i>BTW, in case you weren't aware of the obvious, banks own TONS of stocks. >>
What they own real tons of is treasury securities. The fed induced and funded purchases have created a bogus low interest rate environment that has propped the equities market to an unsustainable "where else can I put my money" level. When the 2.2% ten year note catches up with the real inflation rate, stocks will get hammered.
I promise not to say I told you so and hope that Stan and the other fiscal conservatives of the forum refrain as well. >>
If they want to trust these bankers and their manipulated markets, they get everything they deserve. It's just a matter of time before you get bit when playing with rattlesnakes.
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<< <i>If you don't physically possess/own something, it's truly not yours. It's just a promise made on paper. Many will figure that out a little too late one of these days. >>
Those that owned K-Mart and General Motors stock pre bankruptcy figured that out. >>
Try explaining that to Mr. Yankee Baseball.
I think the both of you together would have difficult time explaining the ABCs to a high school classroom as you constantly talk in circles saying absolutely nothing but spouting "The end is nigh!!!" >>
You are a very rude person that I am done trying to have a civilized debate with. I hate to be mean, but go ahead and invest everything you have in the market. Trust the people playing you like a fiddle with their rigged market. You were warned. >>
You owe me $10 for using my line.
Knowledge is the enemy of fear
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<< <i>Gold is not wealth...
Innovation, invention, critical problem solving, knowledge, understanding, skills, proper decision making, implementing of systems, amongst many others are wealth... >>
Well, Gold's 5,000 year history of being wealth begs to differ.
Oh really? Lol... What evidence do u have and please present concrete evidence starting from 5000 years ago til present time using maybe 100 year time frames would be good... And also some type of kingdom decrees or documentation like that...
Gold maybe a by product of wealth, but for sure it is not wealth...
<< <i>Gold is not wealth...
Innovation, invention, critical problem solving, knowledge, understanding, skills, proper decision making, implementing of systems, amongst many others are wealth...
Edit to add- anything one holds in their hand can be lost or taken away, whats between your ears in your head can't... >>
I so much like your posts better when you don't use texting shorthand.
BTW--your comment above should be in the top 3 of this years most outstanding.
Knowledge is the enemy of fear
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<< <i>Gold is not wealth...
Innovation, invention, critical problem solving, knowledge, understanding, skills, proper decision making, implementing of systems, amongst many others are wealth... >>
Well, Gold's 5,000 year history of being wealth begs to differ.
Oh really? Lol... What evidence do u have and please present concrete evidence starting from 5000 years ago til present time using maybe 100 year time frames would be good... And also some type of kingdom decrees or documentation like that...
Gold maybe a by product of wealth, but for sure it is not wealth... >>
Of course Gold isn't true wealth. You ~smart guys~ know that all too well. LOL..
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<< <i>So is a SHOUTOUT to Janet YELLEN appropriate?
Sure, money from thin air is always the best. >>
If you aint shoutin, you aint yellen.
Then again if I was to run into the old gal, I'd give her a kiss on the cheek and say thanks for the $25K she helped me make this week that I didn't do a lick of work for. OTOH that pound of gold in my SDB aint doin so hot.
I would love to see this "proof". And if you say its stick buybacks then you really need to do more research.
What you call proof, I call opinion. And guess what? I value my opinion more than anyone's.
Knowledge is the enemy of fear
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<< <i>Gold is not wealth...
Innovation, invention, critical problem solving, knowledge, understanding, skills, proper decision making, implementing of systems, amongst many others are wealth... >>
Well, Gold's 5,000 year history of being wealth begs to differ.
Oh really? Lol... What evidence do u have and please present concrete evidence starting from 5000 years ago til present time using maybe 100 year time frames would be good... And also some type of kingdom decrees or documentation like that...
Gold maybe a by product of wealth, but for sure it is not wealth... >>
Of course Gold isn't true wealth. You ~smart guys~ know that all too well. LOL.. >>
Didn't organized religions begin about 5000 years ago. Hmmmmm. Maybe that's why you can't spell gold without G-O-D.
Knowledge is the enemy of fear
Here is a piece of his article;
The stock market is high because corporations are the biggest purchases of stock. Buying back their own stock supports or raises the share price, enabling executives and boards to sell their shares or cash in their options at a profitable price. The cash that Quantitative Easing has given to the mega-banks leaves ample room for speculating in stocks, thus pushing up the price despite the absence of fundamentals that would support a rising stock market.
In other words, in America today there are no free financial markets. The markets are rigged by the Federal Reserve’s Quantitative Easing, by gold price manipulation, by the Treasury’s Plunge Protection Team and Exchange Stabilization Fund, and by the big private banks.
Allegedly, QE is over, but it is not. The Fed intends to roll over the interest and principle from its bloated $4.5 trillion bond portfolio into purchases of more bonds, and the banks intend to fill in the gaps by using the $2.6 trillion in their cash on deposit with the Fed to purchase bonds. QE has morphed, not ended. The money the Fed paid the banks for bonds will now be used by the banks to support the bond price by purchasing bonds.
Normally when massive amounts of debt and money are created the currency collapses, but the dollar has been strengthening. The dollar gains strength from the
rigging of the gold price in the futures market. The Federal Reserve’s agents, the bullion banks, print paper futures contracts representing many tonnes of gold and dump them them into the market during periods of light or nonexistent trading. This drives down the gold price despite rising demand for the physical metal. This manipulation is done in order to counteract the effect of the expansion of money and debt on the dollar’s exchange value. A declining dollar price of gold makes the dollar look strong.
Market Manipulation
Knowledge is the enemy of fear
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Yes, they began with visitations by the sky brothers whom the primitives thought were "gods" but they weren't magic, they just had advanced technology.
Try and prove they didn't
Liberty: Parent of Science & Industry
<< <i>If nothing else, STM is quite adept at cutting and pasting.. >>
If nothing else, you are good at trolling while adding nothing about the topic at hand. 20,000+ posts in just about the same time it has taken me to accumulate just shy of 2,000. I know the piling on one person is an old high school game of 'popularity/security in numbers' game some never outgrow, but it's doesn't make it any less petty. That is what this thread is turning in to and it's pointless because I am casting my pearls before the swine. If some want to risk their live savings in a rigged market, go right ahead. Those bankers love ya.
Liberty: Parent of Science & Industry
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<< <i>If nothing else, STM is quite adept at cutting and pasting.. >>
If nothing else, you are good at trolling while adding nothing about the topic at hand. 20,000+ posts in just about the same time it has taken me to accumulate just shy of 2,000. I know the piling on one person is an old high school game of 'popularity in numbers' game some never outgrow, but it's doesn't make it any less petty. >>
Hey, take heart, at this rate, you will eclipse 20,000 posts in no time, LOL..
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
<< <i>If nothing else, STM is quite adept at cutting and pasting.. >>
Lol, anyways if the markets are manipulated, so what? If they are and a mastermind knows it, then make a couple hundred million billion dollars and go buy gold and start your own country, otherwise why cry wolf?... And did STM state that all he owns is gold? He must be wealthy, I wonder what he pays his electric bill with... Or how he gets food and drink or shelter, he may be the next E or L Ron Hubbard lol...
I notice he never really answers any questions... Lol...
That's exactly what They want you to think and say! The puppet masters are pulling your strings and you're dancing to their tune. Wake up, man!
Liberty: Parent of Science & Industry
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<< <i>If some want to be blind and act like nothing is being manipulated by the bankers in this market, more power to you. I have a feeling the arrogant attitudes are going to disappear quickly when the hammer drops. No economy in history has even been propped up with smoke and mirrors that did not eventually collapse. We are not any different here in America no matter what some may think. >>
NO ONE has suggested that manipulation is not going on. Nothing has been more arrogant than your attitude that your view is absolutely correct and not be questioned in any way. >>
Wrong. You need to go back and read how this thread started. I never said my view could not be questioned. You are trying to spin this around, when it's actually you and your pals who like to pile on, who claim to know everything, and if anyone disagrees, they are met with personal insults, name calling, belittling comments, suggesting people with opposing views are nuts, etc..
Now, after all of this you actually agree with me that the markets are being manipulated? Unreal...
Knowledge is the enemy of fear
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<< <i>If some want to be blind and act like nothing is being manipulated by the bankers in this market, more power to you. I have a feeling the arrogant attitudes are going to disappear quickly when the hammer drops. No economy in history has even been propped up with smoke and mirrors that did not eventually collapse. We are not any different here in America no matter what some may think. >>
NO ONE has suggested that manipulation is not going on. Nothing has been more arrogant than your attitude that your view is absolutely correct and not be questioned in any way. >>
Wrong. You need to go back and read how this thread started. I never said my view could not be questioned. You are trying to spin this around, when it's actually you and your pals who like to pile on, who claim to know everything, and if anyone disagrees, they are met with personal insults, name calling, belittling comments, suggesting people with opposing views are nuts, etc..
Now, after all of this you actually agree with me that the markets are being manipulated? Unreal... >>
One, I NEVER disagreed with you that the markets are manipulated. In fact, I've made MANY posts stating many things to just that effect. Unreal...that your reading comprehension is THAT bad.
YOU need to go back and read this thread. YOU stated that stocks are WORTHLESS. Not overvalued. WORTHLESS. You've NEVER once backed off that stance. YOU are the one spinning here. I have COMPLETELY consistent in my position throughout this thread. >>
Yes, stocks are essentially worthless because they are nothing more than promises on a piece paper. They have to create an artificial value for these items by buying their own stocks just to give them perceived valued so they can get people to buy in to them, so they can bail out of them, and make money on the people willing to buy in to this 'scheme'. This is the opposite of Gold that is true wealth you can hold in the palm of your hand. If a collapse happens, you will have your Gold. True wealth. Not a worthless piece of paper. Good luck getting anything for those paper stocks if and when we have a melt down. As MGLicker said, ask the holders of GM how things worked out for them.
Sure, we can split hairs on the technicality of wording. They may not be worthless as in zero, but when it's pretty much close to that, does it really matter? Not really.
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<< <i>If some want to be blind and act like nothing is being manipulated by the bankers in this market, more power to you. I have a feeling the arrogant attitudes are going to disappear quickly when the hammer drops. No economy in history has even been propped up with smoke and mirrors that did not eventually collapse. We are not any different here in America no matter what some may think. >>
NO ONE has suggested that manipulation is not going on. Nothing has been more arrogant than your attitude that your view is absolutely correct and not be questioned in any way. >>
Wrong. You need to go back and read how this thread started. I never said my view could not be questioned. You are trying to spin this around, when it's actually you and your pals who like to pile on, who claim to know everything, and if anyone disagrees, they are met with personal insults, name calling, belittling comments, suggesting people with opposing views are nuts, etc..
Now, after all of this you actually agree with me that the markets are being manipulated? Unreal... >>
One, I NEVER disagreed with you that the markets are manipulated. In fact, I've made MANY posts stating many things to just that effect. Unreal...that your reading comprehension is THAT bad.
YOU need to go back and read this thread. YOU stated that stocks are WORTHLESS. Not overvalued. WORTHLESS. You've NEVER once backed off that stance. YOU are the one spinning here. I have COMPLETELY consistent in my position throughout this thread. >>
Yes, stocks are essentially worthless because they are nothing more than promises on a piece paper. They have to create an artificial value for these items by buying their own stocks just to give them perceived valued so they can get people to buy in to them, so they can bail out of them, and make money on the people willing to buy in to this 'scheme'. This is the opposite of Gold that is true wealth you can hold in the palm of your hand. If a collapse happens, you will have your Gold. True wealth. Not a worthless piece of paper. Good luck getting anything for those paper stocks if and when we have a melt down. As MGLicker said, ask the holders of GM how things worked out for them.
Sure, we can split hairs on the technicality of wording. They may not be worthless as in zero, but when it's pretty much close to that, does it really matter? Not really. >>
I completely and unregrettably stand by the following statement:
You are an IDIOT!!! >>
Of course. More of your name calling when you have nothing else. You go ahead and buy into your paper pipe dream. If people want to be willfully ignorant as to what real physical wealth is, then so be it.
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<< <i>If some want to be blind and act like nothing is being manipulated by the bankers in this market, more power to you. I have a feeling the arrogant attitudes are going to disappear quickly when the hammer drops. No economy in history has even been propped up with smoke and mirrors that did not eventually collapse. We are not any different here in America no matter what some may think. >>
NO ONE has suggested that manipulation is not going on. Nothing has been more arrogant than your attitude that your view is absolutely correct and not be questioned in any way. >>
Wrong. You need to go back and read how this thread started. I never said my view could not be questioned. You are trying to spin this around, when it's actually you and your pals who like to pile on, who claim to know everything, and if anyone disagrees, they are met with personal insults, name calling, belittling comments, suggesting people with opposing views are nuts, etc..
Now, after all of this you actually agree with me that the markets are being manipulated? Unreal... >>
One, I NEVER disagreed with you that the markets are manipulated. In fact, I've made MANY posts stating many things to just that effect. Unreal...that your reading comprehension is THAT bad.
YOU need to go back and read this thread. YOU stated that stocks are WORTHLESS. Not overvalued. WORTHLESS. You've NEVER once backed off that stance. YOU are the one spinning here. I have COMPLETELY consistent in my position throughout this thread. >>
Yes, stocks are essentially worthless because they are nothing more than promises on a piece paper. They have to create an artificial value for these items by buying their own stocks just to give them perceived valued so they can get people to buy in to them, so they can bail out of them, and make money on the people willing to buy in to this 'scheme'. This is the opposite of Gold that is true wealth you can hold in the palm of your hand. If a collapse happens, you will have your Gold. True wealth. Not a worthless piece of paper. Good luck getting anything for those paper stocks if and when we have a melt down. As MGLicker said, ask the holders of GM how things worked out for them.
Sure, we can split hairs on the technicality of wording. They may not be worthless as in zero, but when it's pretty much close to that, does it really matter? Not really. >>
I completely and unregrettably stand by the following statement:
You are an IDIOT!!! >>
Of course. More of your name calling when you have nothing else. You go ahead and buy into your paper pipe dream. If people want to be willfully ignorant as to what real physical wealth is, then so be it. >>
It's not name calling. It's accurately describing. I could go on forever trying to explain why you just don't get it, but that's the problem, you REALLY just don't get it. >>
No, it's nothing more than juvenile name calling. I get it. You are one of the people who buy into this system and the paper they use to manipulate everyone with. That mainstream media controlled by the bankers sure has been an effective tool on the ones they have deceived.
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<< <i>If some want to be blind and act like nothing is being manipulated by the bankers in this market, more power to you. I have a feeling the arrogant attitudes are going to disappear quickly when the hammer drops. No economy in history has even been propped up with smoke and mirrors that did not eventually collapse. We are not any different here in America no matter what some may think. >>
NO ONE has suggested that manipulation is not going on. Nothing has been more arrogant than your attitude that your view is absolutely correct and not be questioned in any way. >>
Wrong. You need to go back and read how this thread started. I never said my view could not be questioned. You are trying to spin this around, when it's actually you and your pals who like to pile on, who claim to know everything, and if anyone disagrees, they are met with personal insults, name calling, belittling comments, suggesting people with opposing views are nuts, etc..
Now, after all of this you actually agree with me that the markets are being manipulated? Unreal... >>
One, I NEVER disagreed with you that the markets are manipulated. In fact, I've made MANY posts stating many things to just that effect. Unreal...that your reading comprehension is THAT bad.
YOU need to go back and read this thread. YOU stated that stocks are WORTHLESS. Not overvalued. WORTHLESS. You've NEVER once backed off that stance. YOU are the one spinning here. I have COMPLETELY consistent in my position throughout this thread. >>
Yes, stocks are essentially worthless because they are nothing more than promises on a piece paper. They have to create an artificial value for these items by buying their own stocks just to give them perceived valued so they can get people to buy in to them, so they can bail out of them, and make money on the people willing to buy in to this 'scheme'. This is the opposite of Gold that is true wealth you can hold in the palm of your hand. If a collapse happens, you will have your Gold. True wealth. Not a worthless piece of paper. Good luck getting anything for those paper stocks if and when we have a melt down. As MGLicker said, ask the holders of GM how things worked out for them.
Sure, we can split hairs on the technicality of wording. They may not be worthless as in zero, but when it's pretty much close to that, does it really matter? Not really. >>
I completely and unregrettably stand by the following statement:
You are an IDIOT!!! >>
Of course. More of your name calling when you have nothing else. You go ahead and buy into your paper pipe dream. If people want to be willfully ignorant as to what real physical wealth is, then so be it. >>
It's not name calling. It's accurately describing. I could go on forever trying to explain why you just don't get it, but that's the problem, you REALLY just don't get it. >>
No, it's nothing more than juvenile name calling. I get it. You are one of the people who buy into this system and the paper they use to manipulate everyone with. That mainstream media controlled by the bankers sure has been an effective tool on the ones they have deceived. >>
Once again, you have a problem with reading comprehension. I've REPEATEDLY stated that I think this market is overvalued and that I am shorting it. However, I'm not STUPID to think that stocks are categorically "worthless" or anything close to. Your writing clearly shows that you have NO IDEA what a stock is. I'm incredulous at the notion but you obviously don't understand what a stock is. It's SO simple but you just don't know. >>
Your insults and assumptions are flat out wrong. Cut the bull. I know full well what a stock is. For you to suggest otherwise just shows you are trying to insult my intelligence because you don't like what I have to say. You see value in paper that is manipulated, and will plummet in value when the next crash hits. I don't. Big deal!
Like I said at the start of this thread, its a sucker's game. If you want to play the game go right ahead.
<< <i>[Obviously you DON'T know because you keep referring to it as a piece of "paper". It's LITERALLY an ownership in a business. Are all publicly held businesses essentially worthless? IBM, GE, Coke, and the thousands of stock traded companies are all essentially "worthless"? As for insulting your intelligence, I think you're doing a fantastic job of that all on your own.
It's not at all a question of whether I like what you have to say or not. It's that what you say is LITERALLY IDIOTIC. I'm not trying to be insulting. I'm just calling it like I see it. But feel free to say whatever you like. I'm having a great time here and some if not all of that is owed to you. >>
Of course a stock says you own a stake in a company. A piece of paper with a "promise", if you will. It doesn't mean much when a collapse happens. That same does not ring true for many hard physical assets. That is my point. I'll take the hard assets over a paper pipe dream.
The only thing truly IDIOTIC is to play a market that you know is rigged, but you toss your hard earned money in to it anyway.
<< <i>The only thing truly IDIOTIC is to play a market that you know is rigged, but you toss your hard earned money in to it anyway. >>
Stan, which markets are not rigged?
In this era of concentrated wealth and federal reserve management of markets, the non inside trader of any asset class is running uphill in lead snowshoes.
Seems that the buy and long term hold investors have the edge over the non professional traders as the corruption evens out over the longer term.