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DanKeyhote ago

Candidate Trump said we were sitting on a big, fat stock bubble. President Trump brags about the high stock prices. Stratfor email says presidents dont make any important decisions.

There will be a devastating crash later this year and you'll all be fucked. Serves you right for gambling.

ThePuppetShow ago

Candidate Trump said we were sitting on a big, fat stock bubble. President Trump brags about the high stock prices.

This is actually a good point.

There will be a devastating crash later this year and you'll all be fucked.

I seriously hope nobody here is stupid enough to have $ in stocks. Personally, I buy silver. http://www.marketwatch.com/story/gold-to-silver-ratio-may-favor-silver-2016-03-22

Silverlining ago

How [where] do you buy it - do you pay tax on the purchase? Paper or "under the bed/.in the vault"?

I clocked the gold/silver ratio a while back. Surely the market would not let it happen in the first place and would correct it almost instantaneously if it did?

ThePuppetShow ago

I buy bullion from local dealers at spot price. They aren't always the nicest looking coins, but I'm not a coin collector. You generally aren't going to get American Eagles for spot either, you can get closer to spot with the Austrian Kookaburra if you're looking for something freshly minted. Yes, sales tax is applied. They are in a safe, I would never buy a silver stock or purchase coins from a place that "holds" them for you. My whole purpose of doing this is a safety net if the dollar crashes. Real money was always backed by precious metal, now we just have a fiat currancy that really isn't worth the paper its printed on.

Do you mean the market will not allow the gold/silver ratio to return to normal? That's what JP Morgan/Chase is manipulating and has been for a very long time.

https://goldsilver.com/blog/jp-morgans-silver-manipulation-back-in-courts/

ThePuppetShow ago

Didn't the last crash teach you anything? You do realize that many lost their retirement in their 401k's, right? When it happens again precious metals will skyrocket because all other $ is bullshit, even your boys a Chase recignize that. Why else would they be manipulating the silver market?

equineluvr ago

One only loses money in stocks if they SELL at a depressed price, you dipshit!

ThePuppetShow ago

And what happens when the company tanks, oh wise one? Do you call it even if you ride it to the ground? hahaha