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Re: Where do you rate current US economic conditions?
Pulling money from a savings account and buying CDs and money markets doesn't affect savings at all since they are all part of the broader M2 money supply. The chart more accurately represents people… (View Post)1 -
Re: Is a bit coin a good investment?
99% or more of all people with significant wealth generated in the crypto universe are either early adopters who HODL'd, platform developers/creators, or miners. Despite all the daytrading and dip bu… (View Post)1 -
Re: How do the big bullion dealers handle dropping prices?
They hedge themselves by shorting futures contracts in the underlying metal. That way they don't lose if prices fall while they are holding inventory but also don't reap profits when prices go up. Th… (View Post)5 -
Re: Where is Russia buying its gold?
@jmski52 said: Twelve months. But if you sell after a year and before 5 years, you do lose the most recent 3 months interest. Hold for 5 years and there is no penalty selling before maturity. (View Post)3 -
Re: 2022 inflation report thread
1> @derryb said: Gold luck to you. Don't hold it too long. I've been gradually selling off WEBS and SPXU that I bought in April. (View Post)1