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1648.18
“[T]he enshrinement of constitutional rights necessarily takes certain policy choices off the table.” (Heller, 554 U.S., at ___, 128 S.Ct., at 2822.)
How long before "going liberal" replaces "going postal"?
1645
Do something Danke
1645
Do something Danke
I haven't, but the value in USD of my Gold holdings is a bit over 200% now with premiums included. When it hits 2k or silver hits 25, I may do a big sell off, that would give me enough to put down against a larger house and not have a mortgage after I sell our current home.
I have sold some loose grams but then I just kept some cash out of it and bought some Mexican 2 pesos and 1/10 oz Krugerrands. I probably made 15.00 gram out of it.
Do something Danke
All my US Gold 1849 - 1900 ones , 2 1/2's , 5's & 10's I am keeping and all of my California Gold too .
Do something Danke
I take it you invested in '07? So you listened to Dr. Paul/Schiff very early on. I wish I got in at that level... I'm doing ok though Still buying now but 1/4 and 1/10 coins.
Great for us patient investors to see a rally like this...
$1900-2k very likely. Some banks are forecasting that.
People are buying Gold ?
Gold up over 2% in early London trading.
$1680
This is insane..
If it carries on like this @specsaregood will have his dream house
I think money has finally woken up to the economic risks posed by the coronavirus. Gold, silver and cryptos like bitcoin are all seeing a surge right now. The equity markets are insane bubbles right now and the bond markets are crazy too. Money has to go somewhere for safety...
Spread the word: Gold as Unpegged Legal Tender (GAULT) | PMBug's Vault (Articles)
Currently Gold 1676.20 and has been as high as 1684 , silver 18.69 and has been as high as 18.80. Rhodium 11,100.00 , Platinum could be a buy at 963.00 , Copper 2.62 , one yr oil forecast 61.00 , wholesale gasoline 1.65 .
Do something Danke
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul
Proponent of real science.
The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.
Disclosure: I bought some mining stocks last week. Up over 5% today.
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul
Proponent of real science.
The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.
good calls by people in this thread.
"Let it not be said that we did nothing."-Ron Paul
"We have set them on the hobby-horse of an idea about the absorption of individuality by the symbolic unit of COLLECTIVISM. They have never yet and they never will have the sense to reflect that this hobby-horse is a manifest violation of the most important law of nature, which has established from the very creation of the world one unit unlike another and precisely for the purpose of instituting individuality."- A Quote From Some Old Book
Yeah. Ended the day only up about 1.7%.
They will pull out all the stops for the market in general. P/E ratios are outrageous already. Future earnings will fall instead of grow due to coronavirus shutdowns. Negative interest rates may be coming. Money will be pumped into the system. Deflation will not be allowed, therefore inflation will always be their preference.
And what happens when people on the edge start defaulting on loans? What debt fraud will explode this time? Will money market funds bust the buck (as one did during the last meltdown)?
"Foreign aid is taking money from the poor people of a rich country, and giving it to the rich people of a poor country." - Ron Paul
"Beware the Military-Industrial-Financial-Pharma-Corporate-Internet-Media-Government Complex." - B4L update of General Dwight D. Eisenhower
"Debt is the drug, Wall St. Banksters are the dealers, and politicians are the addicts." - B4L
"Totally free immigration? I've never taken that position. I believe in national sovereignty." - Ron Paul
Proponent of real science.
The views and opinions expressed here are solely my own, and do not represent this forum or any other entities or persons.
I hope you are saying that as a good thing. If I were Fed Chair, I would move up their meeting and have an emergency rate cut today. I would have cut rates the last time they met too. I would started doing something immediately after Apple said they were going to have major problems.
https://austrianeconomists.typepad.c...epression.html“I agree with Milton Friedman that once the Crash had occurred, the Federal Reserve System pursued a silly deflationary policy. I am not only against inflation but I am also against deflation. So, once again, a badly programmed monetary policy prolonged the depression.”
The bond market says cut rates. Markets work.
Last edited by Krugminator2; 02-25-2020 at 12:18 PM.
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