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Thread: Gold and Insurance scam

  1. #31
    Quote Originally Posted by Itsback View Post
    Global debt hits all-time high of $184,000,000,000,000

    The world’s debt currently exceeds $86,000 per person on average, according to the International Monetary Fund (IMF). The US, China, and Japan are the top three global borrowers, accounting for more than half of the global debt.

    https://www.rt.com/business
    I am doing my part , I owe less than 86K . I have never even owed 86K on a house .
    Do something Danke



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  3. #32
    Quote Originally Posted by oyarde View Post
    I am doing my part , I owe less than 86K . I have never even owed 86K on a house .
    The government says you owe more than that.

    I know you don't remember spending it. You didn't. The government saved you the trouble, and spent it for you.
    Quote Originally Posted by angelatc View Post
    There's not a liberty lover on the planet who isn't called a liberal by the right, and a con by the left.
    Quote Originally Posted by Swordsmyth View Post
    I don't really care if I happen to be wrong about your positions, you are wrong about mine.



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  5. #33
    Quote Originally Posted by acptulsa View Post
    The government says you owe more than that.

    I know you don't remember spending it. You didn't. The government saved you the trouble, and spent it for you.
    Always looking out for me that govt .
    Do something Danke

  6. #34
    Gold is used to make bars, coins, and jewelry. Jewelry is so out of style for anyone under 40...

  7. #35
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    Quote Originally Posted by oyarde View Post
    I am doing my part , I owe less than 86K . I have never even owed 86K on a house .
    I have $0 debts. I never took any loan or insurance.

  8. #36
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    Indian billionaire Subroto Roy has to pay Rs 25,000 crores. Subroto Roy owner of "Sahara Group" cheated/scammed everybody by saying "his ambi valley is worth Rs 40,000 crores"

    Buyers are paying Rs 8000 crores or $1.2 billion only for ambi valley.

    Financial cartel can get into BIG trouble.

  9. #37
    Quote Originally Posted by Itsback View Post
    Indian billionaire Subroto Roy has to pay Rs 25,000 crores. Subroto Roy owner of "Sahara Group" cheated/scammed everybody by saying "his ambi valley is worth Rs 40,000 crores"

    Buyers are paying Rs 8000 crores or $1.2 billion only for ambi valley.

    Financial cartel can get into BIG trouble.
    What is ambi valley ? Sounds like cheap wine .
    Do something Danke

  10. #38
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    Quote Originally Posted by oyarde View Post
    What is ambi valley ? Sounds like cheap wine .
    Ambi Valley is some real estate property in India where they hyped/rigged the price to $7.5 billion.

  11. #39
    Quote Originally Posted by Itsback View Post
    Ambi Valley is some real estate property in India where they hyped/rigged the price to $7.5 billion.
    Ya I am not into over priced real estate . As bad as junk bonds .
    Last edited by oyarde; 06-10-2019 at 08:18 AM.
    Do something Danke

  12. #40
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    Lloyd's of London blames £1bn loss on natural disasters

    Lloyd's of London has reported a second consecutive year of losses after a series of natural disasters including hurricanes Florence and Michael and the deadly California wildfires. The insurance market reported a £1bn loss, halving its 2017 loss of £2.1bn.

    https://www.bbc.com/news

    As I said "insurance companies can go bankrupt"



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  14. #41
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    Quote Originally Posted by oyarde View Post
    Ya I am not into over priced real estate . As bad as than junk bonds .
    46000 home buyers did not get apartments

    46000 home buyers did not get apartments from Amrapali Group India when Indian star cricketer/former captain "Mahendra Singh Dhoni" was the brand ambassador from Amrapali Group. Dhoni appeared in advertisements for 5 years.


    Read more: https://indianexpress.com/article/sp...court-5644989/

  15. #42
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    It is all about the game and how you play it.

  16. #43
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    California Wildfires Insurance Claims Topped $12 Billion

    Insurance claims have topped $12 billion for the November wildfires in California, making them the most expensive in state history.Most of the damages relate to the Paradise fire, which killed 85 people and destroyed nearly 19,000 buildings.A series of sweeping fires in late 2017 had been the most expensive, with claims topping $11.8 billion.The increasing destruction is making it harder and more costly for people to obtain homeowners insurance.

    Pacific Gas & Electric Corp., the state’s largest utility, filed for bankruptcy in January, saying it could not afford potentially tens of billions of dollars in liability costs related to fires.

    https://www.huffpost.com

  17. #44
    Gold goes up/down 15% a year?

    Insurance is placing a bet. You are betting that you will need paid by the insurance before you give them too much money. They are betting that you give them more money in premiums than they eventually pay out to you. And like Vegas, the house usually wins. Insure the things you can't afford to pay for yourself.

  18. #45
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    Quote Originally Posted by zonbin View Post
    Gold goes up/down 15% a year? Insurance is placing a bet. You are betting that you will need paid by the insurance before you give them too much money. They are betting that you give them more money in premiums than they eventually pay out to you. And like Vegas, the house usually wins. Insure the things you can't afford to pay for yourself.
    Now Gold is $1350/ounce. It is all about the game and how you play it.

  19. #46
    True . Investing with Oyarde may be the way to go . I have the highest guaranteed interest when I do accept new money

  20. #47
    Zonbin is in Nam so I doubt would take any investment advice from him , he is probably mostly invested in pretty girls and warm beer like Danke and other Asian investors .
    Do something Danke

  21. #48
    Quote Originally Posted by oyarde View Post
    Zonbin is in Nam so I doubt would take any investment advice from him , he is probably mostly invested in pretty girls and warm beer like Danke and other Asian investors .
    I am not investing in warm beer.
    Quiz: Test Your "Income" Tax IQ!

    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.



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  23. #49
    Quote Originally Posted by Danke View Post
    I am not investing in warm beer.
    I'll take it off your hands then .
    Do something Danke

  24. #50
    Quote Originally Posted by oyarde View Post
    I'll take it off your hands then .
    How many squaws will I get in return?
    Quiz: Test Your "Income" Tax IQ!

    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.

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