My portfolio is heavy in Gold, Silver, and International non US Dollar denominated bond funds. | |
Lucky Luke (OP) User ID: 72493040 ![]() 07/02/2016 11:45 PM Report Abusive Post Report Copyright Violation | |
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Lucky Luke (OP) User ID: 72493040 ![]() 07/03/2016 12:13 AM Report Abusive Post Report Copyright Violation | In Zimbabwe we have an example of the currency collapsing. They have to go to the river and sift for gold all day long for a loaf of bread and some cooking oil. All they take is gold. The vendors take around the trucks through the jungle areas with their goods, and the little electronic weighing scales that weigh the grams of gold. If you are too old or sick to pan the river water for gold, you starve. [link to www.youtube.com (secure)] |
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Lucky Luke (OP) User ID: 72493040 ![]() 07/03/2016 12:31 AM Report Abusive Post Report Copyright Violation | Hey Fellers...! Quoting: Anonymous Coward 13532935 OP gots a Port - Folio...! I'd get me one, but I fear wrekin the boat. This post was intended for people that are thinking of ways to preserve their money, if they have any. I think there are many people on GLP that have some cash or liquid assets they want to preserve. There are lots of strategies, I just laid out mine. |
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Anonymous Coward User ID: 71504502 ![]() 07/03/2016 02:11 AM Report Abusive Post Report Copyright Violation | You just invited big time bad mojo into your investment portfolio, assumin you aint lyin. Don't you know most people, esp here on dirty freakin GLP, want you to fail, not make dough??? What were you thinkin? Damn! |
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Lucky Luke (OP) User ID: 72493040 ![]() 07/03/2016 02:20 AM Report Abusive Post Report Copyright Violation | Damn son! Quoting: Anonymous Coward 71504502 You just invited big time bad mojo into your investment portfolio, assumin you aint lyin. Don't you know most people, esp here on dirty freakin GLP, want you to fail, not make dough??? What were you thinkin? Damn! Sure They can read this post and all the hugely successful bankers will go out on Tuesday and short gold, silver, and prop up the US dollar just to ruin my investments. In other words, another ordinary day at work for them. |
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Anonymous Coward User ID: 53158832 ![]() 07/03/2016 02:27 AM Report Abusive Post Report Copyright Violation | I thought about some bitcoins for a while, but to me modern currency is enabled by the level of complexity of both banking and technology. Meaning, if things do collapse say a derivatives contagion setting of a chain of collateral calls, things ultimately will become less complex. Since pms are the world's oldest money they stand to hold their value over virtual currencies that rely on complexity for their value. |
Lucky Luke (OP) User ID: 72493040 ![]() 07/03/2016 02:29 AM Report Abusive Post Report Copyright Violation | CEF- It is a Canadian Fund that has 50/50 mix of Gold and Silver. You can buy and trade it just like any other stock or ETF. Unlike the American counterparts like IAU, GLD, or SLV, the Canadian company audits 100% of their billion stock every year. The American companies (IAU, GLD, or SLV) only audit the gold they have in the States, and trust the London third parties they contract with, to give their word that the bullion is in their vaults. How much is that? They won't say. The American companies (IAU, GLD, or SLV) are JP Morgan syndicates. In other words, fraudsters. |
Lucky Luke (OP) User ID: 72493040 ![]() 07/03/2016 02:38 AM Report Abusive Post Report Copyright Violation | I thought about some bitcoins for a while, but to me modern currency is enabled by the level of complexity of both banking and technology. Meaning, if things do collapse say a derivatives contagion setting of a chain of collateral calls, things ultimately will become less complex. Since pms are the world's oldest money they stand to hold their value over virtual currencies that rely on complexity for their value. I'm with you. There is absolutely nothing about bitcoin, that attracts me in the least. I don't get it and don't want to get it. |
Anonymous Coward User ID: 71504502 ![]() 07/03/2016 02:40 AM Report Abusive Post Report Copyright Violation | Damn son! Quoting: Anonymous Coward 71504502 You just invited big time bad mojo into your investment portfolio, assumin you aint lyin. Don't you know most people, esp here on dirty freakin GLP, want you to fail, not make dough??? What were you thinkin? Damn! Sure They can read this post and all the hugely successful bankers will go out on Tuesday and short gold, silver, and prop up the US dollar just to ruin my investments. In other words, another ordinary day at work for them. OMG!!! Hush up now, heah??? Not only you invitin bad mojo, you tellin em how to do it! Damn! (Ya know, yer up agin the entire Universe here, son. It is but the natural way of things. You shouldn't be doubtin the order of things). |