Posted on 05/01/2022 2:40:22 PM PDT by blam
Ditto.
I have PM's as insurance, I don't expect to make money on it.
One day things ARE going to break and most are going to be surprised.
I'll have a little bit of something afterwards.
“This sort of debt cannot go on forever. Flooding the country with the world’s poorest of the poor.”
That’s the plan, break the system.
T. Rex ruled his era.
American management is now of decreasing quality.
The Federal Reserve and Congress have undermined bank depositors, creating a bullish stock marker that foreign investors have bought into.
However, the Chinese rich know after seeing Russian oligarchs slammed that Western democracies are dangerous places to invest money.
Sounds like the evil plan is on the move. As usual, we will sit back and watch while we can.
“poorest of the poor”
Most Latin American immigrants come with a good work ethic and considerable cultural compatibility.
Europe is typically getting lower quality immigrants compared to the USA.
A Kennedy once said he was prepared to buy as many votes as necessary, but not more.
He meant it as a joke, but it is the Democratic game plan.
Putin would like the world to turn to commodity certificates.
($169 Trillion unfunded liabilities)
Yep, pointed that out a couple weeks ago
[However, the Chinese rich know after seeing Russian oligarchs slammed that Western democracies are dangerous places to invest money.]
What muddies the waters is “paper gold”, which has increased just like the paper money supply.
The price of gold cannot take off until purchasers of paper gold demand delivery of their physical gold—all at the same time.
Then the music will stop and most will not have a chair.
When and how the music stops is above my pay grade.
>>Most Latin American immigrants come with a good work ethic and considerable cultural compatibility.<<
If they come legally, I’ve got no issue. It is the hundreds of thousands coming illegally.
Overloading our infrastructure, schools, hospitals, prisons. Taxes (federal,state,local) are higher than they should be to pay for all this.
Inner city crime is higher. Insurance rates higher because of illegal gang violence/crime.
I could go on, but you get the point I’m sure. Here in Texas, we’ve had to deal with illegal aliens and all that comes with it for decades.
The wife and I are a few years from retirement. Social security/medicare...pfft! Prolly never see it or if we do, it’ll be much different.
Started mine early a few months ago.
We’ll see how long it lasts.
Well, here’s a little $50 off sale on gold for ya. [Monday am /GC -52.80]
Gold on sale @ 1803. Hmmm.
My best friend bought gold and silver every week at yard sales ...his wife said he had been doing it for 40 years. When he died, he had 44 pounds of gold (in the form of mostly jewelery) in his house.
I wasn't told how much silver was there and I didn't ask.
He influenced me years ago.
A good friend whose Mom just passed (@ age 101) had 3 safes in her house, and had conducted an informal jewelry buy-sell biz since the 40’s. Unfortunately, she wrote out the combos on a piece of paper in her desk and one or the other of a cleaning crew found the paper and cleaned her out. My pal estimated she had a solid $million in those safes.
Yeah, the slow accumulation at cheap prices is the way to go, though it is slow money. When silver was $4-5-6 right around Y2K, I started buying all the sterling flatware and junk coins I could find, bits at a time. I’m very sorry I didn’t load up on $275 gold, I was admonished to buy with both hands at the time. The other day I just found one of the receipts from a 3-rolls of quarters buy @ 3.25 x face. Wow. I ended up with about 300 lbs of sterling forks/spoons and the best silver trade I ever did was selling about 2/3rds of it @ 38.50.
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