What the Heck Are We Up Against With PM's?

Discussion in 'Bullion Investing' started by fretboard, Mar 29, 2021.

  1. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    When I get to 84, I will do that sounds like sound advice..LOL
     
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  3. midas1

    midas1 Exalted Member

    You just validated my statement.
     
  4. midas1

    midas1 Exalted Member

    Yep, you don't understand that market.
     
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  5. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I think your confused, obviously your a champion of graded bullion and dont
    mind paying for for something graded, thats up to you and your maker
    me on the other hand have absolutely no interest in buying graded bullion
    just so we are clear on that 100 percent, its your money if you want to waste
    it thats up to you/
     
  6. midas1

    midas1 Exalted Member

    The one who is confused is the one who doesn't understand the market. BTW, how many $1,000s have you spent on grading?
     
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Buy what you like.i always say :)
     
  8. midas1

    midas1 Exalted Member

    I agree and I don't criticize what others buy.
     
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  9. masterswimmer

    masterswimmer Well-Known Member

    -Edited- I'm just hoping we can make it to retirement in 5 yrs before it blows up. And it will, like you said. I just don't know when. Certainly seems sooner rather than later though. VERY scary economic times right now and in the imminent future.
     
    Last edited by a moderator: Apr 13, 2021
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  10. FryDaddyJr

    FryDaddyJr Junior Member


    bigger fool theory.
     
    mpcusa likes this.
  11. ToughCOINS

    ToughCOINS Dealer Member Moderator

  12. slackaction1

    slackaction1 Supporter! Supporter

    OH!! some spanking going on..
     
  13. jb10000lakes

    jb10000lakes Active Member

    Re: Germany
    They were isolated; the economy is way more tied together globally than then. And debt? We are hardly alone. https://worldpopulationreview.com/countries/countries-by-national-debt
     
  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  15. ToughCOINS

    ToughCOINS Dealer Member Moderator


    Is that right? You fail to address the loss of fiscal credibility.

    I'd much sooner lend money to someone who demonstrates fiscal responsibility than to someone who spends with reckless abandon.

    If they can't attract lenders at reasonable rates, they will be forced to inflate.
     
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  16. mark943

    mark943 Member

    Well, compare the prices you pay for anything now with what you paid in 1971, when Nixon took us off the gold standard.
     
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  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The point that I am trying to make is that
    things go up and down, your not actually
    taking the gain or loss until yo pull the
    Money out and that is your true result.
     
  18. midas1

    midas1 Exalted Member

  19. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    So what your saying is when the market drops are goes up, I should take my money out right then, doesn't make much sense to me..LOL , I am what you call a long haul investor so I dont let fluctuations get under my skin like most.
     
  20. ToughCOINS

    ToughCOINS Dealer Member Moderator

    I'm puzzled by your reply. I thought we were discussing the loss in value of the USD, but my impression is that you think I'm talking about a loss in value of metals.

    Can you clarify?
     
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  21. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Iam talking about a loss on paper, and that
    could be anything, you only accept the loss
    when you redeem it, for example I took a
    $60,000 loss in the stock market today but
    would only realize it if I took the money
    out today, hopefully the better explains
    what I am talking about.
     
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