lol. "buy the dip". "Low" is $400/oz not $1200/oz.GrumpyCatFace wrote:Buy Low. Sell High.Smitty-48 wrote:Gold is volatile anyways, dude, you're going to get burned if you're buying gold for margin, lost $500/oz in the last 4 years.
Gold v. Equity? Bad bet, if you bought gold in 1980, you've made exaclty nothing in terms of profit.
THE ERA OF TRUMP
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Re: THE ERA OF TRUMP
Nec Aspera Terrent
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Re: THE ERA OF TRUMP
I'm planning to wait a bit longer. But when you need it, it's already too late.Smitty-48 wrote:lol. "buy the dip". "Low" is $400/oz not $1200/oz.GrumpyCatFace wrote:Buy Low. Sell High.Smitty-48 wrote:Gold is volatile anyways, dude, you're going to get burned if you're buying gold for margin, lost $500/oz in the last 4 years.
Gold v. Equity? Bad bet, if you bought gold in 1980, you've made exaclty nothing in terms of profit.
https://goldprice.org/spot-gold.html
Anyway, the value will be immeasurable when the dollar finally collapses.
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Re: THE ERA OF TRUMP
What about 1979?Smitty-48 wrote:Gold is volatile anyways, dude, you're going to get burned if you're buying gold for margin, lost $500/oz in the last 4 years.
Gold v. Equity? Bad bet, if you bought gold in 1980, you've made exaclty nothing in terms of profit.
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Re: THE ERA OF TRUMP
More like 1976, but it's still only tripled your money in 40 years. If you've got the hottub time machine, we ain't going back to buy gold, dude, if we're going to 1976, we're buying stock, starting with AAPL. $800 is $35,000,000,000 now, Wozniak.Fife wrote:What about 1979?Smitty-48 wrote:Gold is volatile anyways, dude, you're going to get burned if you're buying gold for margin, lost $500/oz in the last 4 years.
Gold v. Equity? Bad bet, if you bought gold in 1980, you've made exaclty nothing in terms of profit.
Nec Aspera Terrent
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Re: THE ERA OF TRUMP
Of course, that was my gag, and I'm pleased you got it. Not many around here would have. On a long enough timeline, everyone's life expectancy is zero.Smitty-48 wrote:More like 1976, but it's still only tripled your money in 40 years. If you've got the hottub time machine, we ain't going back to buy gold, dude, if we're going to 1976, we're buying stock, starting with AAPL. $800 is $35,000,000,000 now.Fife wrote:What about 1979?Smitty-48 wrote:Gold is volatile anyways, dude, you're going to get burned if you're buying gold for margin, lost $500/oz in the last 4 years.
Gold v. Equity? Bad bet, if you bought gold in 1980, you've made exaclty nothing in terms of profit.
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Re: THE ERA OF TRUMP
Time travel is gonna really wreck the economy.
GrumpyCatFace wrote:Dumb slut partied too hard and woke up in a weird house. Ran out the door, weeping for her failed life choices, concerned townsfolk notes her appearance and alerted the fuzz.
viewtopic.php?p=60751#p60751
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Re: THE ERA OF TRUMP
Okeefenokee wrote:Time travel is gonna really wreck the economy.
Naw, it's here to save us haven't you been reading all the news...? Oh, I mean "Fake News"... http://www.dailystar.co.uk/news/latest- ... a-election
#NotOneRedCent
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Re: THE ERA OF TRUMP
Even if your investment strategy was somehow betting on a total market meltdown, gold is nothing to get excited about, even if you had bought gold at the end of the First World War, by the peak in the Great Depression, all you've made off of that is a 300% return in 10 years.
Even if you held it for 60 years and just happened to sell in 1980, you've still only made 1000% in more than half a century of holding it.
Even if you held it for 60 years and just happened to sell in 1980, you've still only made 1000% in more than half a century of holding it.
Nec Aspera Terrent
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Re: THE ERA OF TRUMP
Gold is a hedge against total collapse, true dat. But would you rather have 100 pounds of gold or 100,000 rounds of .223, 9mm, .45ACP and .22LR (and enough reloading material to churn out 100,000 12ga shells between 7 1/2 and 00)?
Liquidity!
Liquidity!
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Re: THE ERA OF TRUMP
How you gonna hump a hundred thousand rounds of five-five-six? How long are you going to last drving around with a metric ton of ammo in the back of your pick-up? What, you think you can't be outflanked?
Gold plus ammo makes you the biggest target on the battlefield, everybody gonna be coming to take a peice of your ass.
Gold plus ammo makes you the biggest target on the battlefield, everybody gonna be coming to take a peice of your ass.
Nec Aspera Terrent