That's very selfish and morbid, especially around the holidays. Part of our duty to our country is to protect the future - and that isn't a positive solution. Nobody around me is getting off that easy, I'll fight back and annoy them until I can't anymore!
Condescension is very similar. Now I know you're not dumb, but are you so naive as to think that there is no insider trading? Heck, with high frequency trading theres no need for it any more. Are you smarter than a super computer? I bet you think so. You go from this blind optimism to end of the world talk. Its not one end of two extremes, the truth is always in the middle. Its funny that Martha served time but the real crooks just get appointed or "consult". I want to reiterate that I am not a "stacker" or a "prepper", or a "tin foil conspiracist"; I dont think the economy is going to collapse (although it might be a good thing). I simply refute your proselytizing.
I can honestly say I have never placed a single buy or sell order where insider cyber trading (past posting or front running) which is a scandal, was a significant factor. I do not day trade. Never have, never will. I have never had a short term capital gain or loss (treated as ordinary income) so I don't care! I don't buy or sell based on fractions, or usually even single whole digits. I hold stocks and funds (or movable within a fund family) for years, not hours or days. I find inner peace is easier to find if l don't worry about some other guy's advantage that I can't get, because I'd never get the use of it anyway if I did!!! If I were a day trader, however, I'd be one ticked off buckaroo.
The market has been "berry berry" good to me and my family. Thanks. I do better than okay, and the 2008-09 crash was a mere blip that took a very short time to overcome. Actually, 9/11 was the tougher downturn.
Partisanlines.com is where you should put any of your posts that have gone away. No politics. Stop now unless it is about $14 silver.
Can't win that argument with desertgem. Trust me, I know. Problem is, since it gets all tied up with Fed bashing and other ideologies, bullion forums are INHERENTLY political, from word one.
Here's one - the Kitco site says silver is, right now, at $14.07 and crossed the $14 level 5 times today, either downward or upward. How many times will silver cross over $14 between now and the end of the year? Again, either direction. I say more than 40. And I don't buy that paper trades are illegitimate. All commodities are mostly paper trades. Taking delivery of anything is mostly limited to those in the particular business.
I agree, but with interest rates likely to head upward, in order to not take a whipping on the bond, you'll need to hold till maturity. Rising interest rates hurt both metals and bond prices. But if you hold to maturity, it gets back to par. if you can wait until interest rates go up some, you can get most of the interest and capital gains on top. This is why SLACKACTION needs to be careful moving into a bond fund. As interest rates rise, the principal amounts in a bond fund could get ugly. There are some funds who try to keep their coupon rates close to current yields, to minimize the capital losses. So while I agree silver is the likely winner on December 3, 2035, I think that during a large portion of the interim, the bond wins. Still I see lots more down for both before the up. This is a tough market. Metals, stocks, bonds, and real estate might all be overpriced at the same time. I recently heard one guy say, "Something has to go up!" Yeah, not really. Best shot is to take an equity position in "the next big idea."
Hey Kurt, just in case the bottom falls out, and you decide to leave this place, how about taking one for the team on your way out? No virgins, sorry.
Seriously, Hommer? So much hate from both you and PeacePeople? Why? Do you always act so reflexively anti-intellectually? Just because I'm educated enough to see your stacker/prepper Edited.Walking the line Kurt. fantasy is delusional? You need to crawl out of your basement non-perishable food supply room and get some solar induced Vitamin D working for you, Hommer! Life is for living, just the way it is, not for salting away metal discs for the "economic afterlife" that you and I both will never live to see. Here's a little hint for you: the "next" money system will be all digital, and probably use a chip imbedded in people's bodies they can't remove. At any rate, it won't be based on metals. There, that ought to keep you awake nights with new conspiracy nightmares. Oh, by the way, virgins are soooo overrated.
Indeed a life is for living. But the collective has no legitimate claim on the minds or lives of individuals. All they can do, very well, is psyops the sheep into believing the queen bee knows best.
And yet the queen bee protects your mostly worth-absent little drone abdomen, even though you don't appreciate her and denigrate her at every turn. If she had a less forgiving nature, analogous to your own, she'd keep you outside the hive to freeze. But that's not what bees do. They protect workers and drones alike, not let them freeze or starve to death. They have too much bee-anity for that. See? Even the lowly bee (and ant) are smart enough to know only the thriving of the community protects the individual. What's your excuse?