Fuck off. There is already one dick who speaks in tongues on this forum that proves no valuable input.
Wu aks why you so hostile? Why you have problem with not perfect english speakers? You like this to all peoples or just one who look and talk different?
Wu aks why you so hostile? Why you have problem with not perfect english speakers? You like this to all peoples or just one who look and talk different?
He's hostile this morning and swearing at you because he just lost 5% of his net worth in the last few hours.
He's hostile this morning and swearing at you because he just lost 5% of his net worth in the last few hours.
It's quite interesting that I started putting shit on gold the last 2 days and now it shits itself.
If I was Dave I would say I was a god and warned all you small minded muppets that don't have my clear thinking and helicopter view of the whole world of interconnectedness. But, in reality it's just a coincidence.
“You Keep Using That Word, I Do Not Think It Means What You Think It Means” - Inigo Montoya
Seems I am not alone in my criticism of your content or authoring style Dave.
The reason I comment on your posts and not others is generally due to your obscene, holier than thou authoring style. While I dont agree with some of the more extreme posters (bears and bulls) they are usually generating some form of discussion, whereas your posts imply everyone with a contrary opinion is retarded because "some guy once said the things i said would happen did happen at some point or another".
Happy to hear your opinion however you need to understand that it is only an opinion. Even if "many" people agree with you, that doesnt make it any credible or factual.
Yea. Understand what your saying, but the abolishment of the Bretton woods system is still such a short term experiment...40 years is nothing and if history is any guide, it will again revert back.
The Romans used gold, silver copper as money. The Roman empire had public servants, an army, even welfare. The Roman empire started spending too much money so they realised, they could mix cheap worthless metals with their gold and silver - to make it go further. The kept doing this and doing this and eventually the whole thing collapsed, and it was the actual gold and silver that had the value at the end.
We are just in a modern day version of this. I honestly believe it will collapse and we will revert to the price of all the gold in the world equals the value of the $ in the world. I just don't know when....It could be another 50 or 100 years.
Read Mike Maloney's Book Guide to Investing in Gold & Silver.
You may be right (i.e. revert back to Gold Standard), but I generally don't invest base on speculation. I understand the value of gold (typically as a wealth store and for speculation purposes). Volatility in markets and economies generally result in the Increase in demand and hence, increase in value. If you have significant wealth tied up in precious metals, then you are essentially placing a bet on the direction on world economies. If you are a particularly good speculator, then it may work for you. History is generally a good indicator, but not always. Arbitrary items like shells and beads were once used as money. I suspect moving forward, we will have a more electronic based monetary system (replacing paper based).
Australian properties are actually even worse; they make ongoing losses, That's why Australian property investors are extra speculators - gamblers
Except that it's possible to find properties that don't make losses, and still make enough yeild within 2-3 years of ownership to cover the holding costs. What about these properties? Or are ALL Australian properties loss-making, speculative investments?
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