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<p>[QUOTE="Brian Calvert, post: 3380578, member: 75282"]Have you even bothered to look at the way things are today vs 1977 ? Someone writing this same thing in 1977, 1985, 1995 or even 2005 would be increasingly smarter. After 2008, there is without doubt that it will end.</p><p><br /></p><p>And 100% for sure it will end at some point, it always has in the past, and always will in the future. By the way, I would in no explanation ever bet only on PM. I own lots of stock, real Estate, and other assets. But the closer we get to the American Dollar being inflated away, the more PM's look good.</p><p><br /></p><p><br /></p><p>I certainly did not think this way before 2007, but I seen the housing crisis was a crisis, did I expect it to play out like it did ? I wouldn't have known or cared. I did sell a couple pieces of land, bought for 5K and sold 2 years later in Port Saint Lucie FLorida for 65K. I knew the prices were inflated and took the money.</p><p><br /></p><p>There have been times I have sat on cash. And if you go back to 2000 and start from there, PM's have out performed stocks BIG TIME vs Inflation. That seems to always be the wrecking ball in my Edward Jones friend theory. See, when compared to inflation, he always loses. Yes, 2001 and 2008 your money was halved.</p><p><br /></p><p>I still buy biotechs because they are always running new drugs. Things have changed so much and all those that made millions still have money, some are even billionaires and leverage every corp. they can. Last week the Dalio gains for 2018 came out along with 5 other billionaires, they made huge BILLIONS off of their portfolios. While from 1950 - 2005 you could too, but those days are gone too. Throwing 100K at your investment guy in 2000 would net you garbage today. Now, if you did it in 2009 you would have doubled your money.</p><p><br /></p><p>The point to that is timing is crucial now, there is NO MORE invest and let it go expecting for it to grow exponentially, they are running gambits behind the scenes. That is why you no longer see Stock Splits. What happened to that ? Well, the boards figured "we can just keep the profits, screw the little investor" Now too you have HFT (high freq. traders) and if you watch the video's online, you will see what a scam that is too. Every time you push the buy button at TD, Etrade, etc. someone buys it first and then sells it to you. they make only 1$, or 5$, but they do it 1,000,000 times or more a day. Same thing when you go to sell it. They work with investment banks, because they are the investment banks, only housed in a different building.</p><p>As we should all know by now, if it could be deregulated, it has been, anything to help the rich because they pay for it to be deregulated.</p><p>I have paid such close attention to the BAKER Brothers Biotechs, I know what happens and when. I can swing trade several of their stocks and win every time. But I started at zero in 2005, so still not rich, other things along the way cost money. Plus enjoying life.</p><p>I dont buy these to flip, until the crash comes, if in my life, if not, for my daughter. What i do know is the DEBT is way out of hand, you cant even compare it to 2005 it is so bad, let alone someone talking trash in 1977</p><p>Those tools you speak of, well, the interest rate was to go "back to normal" as they said, which would be 6 - 7%. Never made it that high and they had to stop because of the market. Now, the QT (which was on autopilot via fed chair) now pronounced as stopping this year. This means the tools are tightening, they can only lower 2% point to 1, or 3 to 0. ANd then what QE again ? What will people do when they know the FEDS tools are collapsed ? Who knows, they may just do a QE to the people, drop 10K in everyones pockets. That still doesn't fix the loss of reserve currency status that is falling apart as we speak. Or the 0 growth in wages for the working class.</p><p><br /></p><p>I am happy for the few million that became millionaires banking and investing, they were smart and took advantage of what they could, when they could. I am not so happy for the other 290M plus working class living paycheck to paycheck and stuck there for the last 20 years. <span style="color: #ff0000">EDITED: POLITICAL DISCUSSION NOT ALLOWED</span>. To me, that looks to be real soon. Just glad I woke up in 2005 and started paying attention.</p><p>Thanks for the post, need all kinds of opinions to keep people informed[/QUOTE]</p><p><br /></p>
[QUOTE="Brian Calvert, post: 3380578, member: 75282"]Have you even bothered to look at the way things are today vs 1977 ? Someone writing this same thing in 1977, 1985, 1995 or even 2005 would be increasingly smarter. After 2008, there is without doubt that it will end. And 100% for sure it will end at some point, it always has in the past, and always will in the future. By the way, I would in no explanation ever bet only on PM. I own lots of stock, real Estate, and other assets. But the closer we get to the American Dollar being inflated away, the more PM's look good. I certainly did not think this way before 2007, but I seen the housing crisis was a crisis, did I expect it to play out like it did ? I wouldn't have known or cared. I did sell a couple pieces of land, bought for 5K and sold 2 years later in Port Saint Lucie FLorida for 65K. I knew the prices were inflated and took the money. There have been times I have sat on cash. And if you go back to 2000 and start from there, PM's have out performed stocks BIG TIME vs Inflation. That seems to always be the wrecking ball in my Edward Jones friend theory. See, when compared to inflation, he always loses. Yes, 2001 and 2008 your money was halved. I still buy biotechs because they are always running new drugs. Things have changed so much and all those that made millions still have money, some are even billionaires and leverage every corp. they can. Last week the Dalio gains for 2018 came out along with 5 other billionaires, they made huge BILLIONS off of their portfolios. While from 1950 - 2005 you could too, but those days are gone too. Throwing 100K at your investment guy in 2000 would net you garbage today. Now, if you did it in 2009 you would have doubled your money. The point to that is timing is crucial now, there is NO MORE invest and let it go expecting for it to grow exponentially, they are running gambits behind the scenes. That is why you no longer see Stock Splits. What happened to that ? Well, the boards figured "we can just keep the profits, screw the little investor" Now too you have HFT (high freq. traders) and if you watch the video's online, you will see what a scam that is too. Every time you push the buy button at TD, Etrade, etc. someone buys it first and then sells it to you. they make only 1$, or 5$, but they do it 1,000,000 times or more a day. Same thing when you go to sell it. They work with investment banks, because they are the investment banks, only housed in a different building. As we should all know by now, if it could be deregulated, it has been, anything to help the rich because they pay for it to be deregulated. I have paid such close attention to the BAKER Brothers Biotechs, I know what happens and when. I can swing trade several of their stocks and win every time. But I started at zero in 2005, so still not rich, other things along the way cost money. Plus enjoying life. I dont buy these to flip, until the crash comes, if in my life, if not, for my daughter. What i do know is the DEBT is way out of hand, you cant even compare it to 2005 it is so bad, let alone someone talking trash in 1977 Those tools you speak of, well, the interest rate was to go "back to normal" as they said, which would be 6 - 7%. Never made it that high and they had to stop because of the market. Now, the QT (which was on autopilot via fed chair) now pronounced as stopping this year. This means the tools are tightening, they can only lower 2% point to 1, or 3 to 0. ANd then what QE again ? What will people do when they know the FEDS tools are collapsed ? Who knows, they may just do a QE to the people, drop 10K in everyones pockets. That still doesn't fix the loss of reserve currency status that is falling apart as we speak. Or the 0 growth in wages for the working class. I am happy for the few million that became millionaires banking and investing, they were smart and took advantage of what they could, when they could. I am not so happy for the other 290M plus working class living paycheck to paycheck and stuck there for the last 20 years. [COLOR=#ff0000]EDITED: POLITICAL DISCUSSION NOT ALLOWED[/COLOR]. To me, that looks to be real soon. Just glad I woke up in 2005 and started paying attention. Thanks for the post, need all kinds of opinions to keep people informed[/QUOTE]
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