When the bank undertakes a trading program for a client, it is the client that takes the risk and the bank gets paid for doing the work. And...
Yes. The banks aren't always crooks and they aren't alway speculators or manipulators. Sometimes they are just acting in a very old fashioned...
I don't think there is anything wrong with owning bullion either because one believes it will rise in price or as an addition to a well...
What none of us know or can know is whether or not the bank short position is a naked short position or just a basis trading program carried out...
You are correct, of course. But it's a waste of time to try to convince certain people. The loss is their's, which I don't care about. However,...
Then we'll have to disagree on the definition of wealth. I guess Warren Buffett and Bill Gates are not wealthy by your definition. As long as...
When I got out of school, I aspired to have a tax problem because that meant I was earning and investing successfully. Living hand to mouth...
I think a lot of the coins around today were repatriated from Europe. Others probably know more about this than I do.
You're not missing anything, but you've set very low goals for your self. You have about 25 good earning years left and if you stick with PMs the...
All wealth is derived from tangible assets in the sense that we live on planet Earth and are physical beings. Beyond that, a lot of wealth has...
I recall back in the 1990s the mantra was buy the dips with tech stocks. [I even recall the one-decision stock craze of the 1970s.] And this...
Very familiar writing style. What name did you use the last time you posted at Cointalk?
Nobody knows the future. Nobody knows whether the PM bull market will continue. I happen to think it will, otherwise I wouldn't be here. But...
I understood the OP to indicate that 401k contributions were reduced to free up money for PMs. In my mind, this is not extra cash.
I would never advise anyone to use potential 401k funds to buy PMs, but that is an individual decision. Just keep in mind that over the very long...
http://www.youtube.com/watch?v=1Ul7s5JJLCU&feature=fvwberel
I agree. And the value of the cash is always changing and not always falling. One day you may be able to purchase an item for $100 dollars....
There is no important difference holding and loaning money when the loan is guaranteed under our present economic order. Now there are people who...
I don't think it matters that money isn't an investment. Many times, cash outperforms investments. Other times, investments outperform cash. It...
Good point. I frequently think the same way whenever I hear some analyst talk about Xtrillion dollars sitting on the sidelines in money market...
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