Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold price
>
Reply to Thread
Message:
<p>[QUOTE="ToughCOINS, post: 7535823, member: 20480"]The unemployment numbers this month were simply awful. Economists were expecting nearly one million jobs to be created in the month of April . . . the number created was devastatingly short of that, at 266,000. </p><p><br /></p><p>Not only is no employment recovery in sight . . . the prospects for the survival of companies still in operation are dwindling as well. </p><p><br /></p><p>I always thought that if we ever faced a depression again, that it would be delivered by a sudden event such as the Crash of 1929. Instead, this time it is born of the insidious gradual leakage of employer's assets during and following COVID. The money it takes to float businesses in good times has been siphoned off by months of hanging on during the bad.</p><p><br /></p><p>I don't claim to know that gold is the safest place one can park their worth, but it's what I've chosen to erect our bulwark. While it won't produce as much ROI as other vehicles, I think we're less likely to get caught pants-down-to-the-ankles in gold than in any other store of value.[/QUOTE]</p><p><br /></p>
[QUOTE="ToughCOINS, post: 7535823, member: 20480"]The unemployment numbers this month were simply awful. Economists were expecting nearly one million jobs to be created in the month of April . . . the number created was devastatingly short of that, at 266,000. Not only is no employment recovery in sight . . . the prospects for the survival of companies still in operation are dwindling as well. I always thought that if we ever faced a depression again, that it would be delivered by a sudden event such as the Crash of 1929. Instead, this time it is born of the insidious gradual leakage of employer's assets during and following COVID. The money it takes to float businesses in good times has been siphoned off by months of hanging on during the bad. I don't claim to know that gold is the safest place one can park their worth, but it's what I've chosen to erect our bulwark. While it won't produce as much ROI as other vehicles, I think we're less likely to get caught pants-down-to-the-ankles in gold than in any other store of value.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Gold price
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...