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Re: Forum gossip thread by Frood

Owning hard assets the only way to stay ahead of inflation

Started by JOE, October 16, 2024, 01:21:50 PM

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JOE

...such as gold, land/real estate, sought after art/collectibles.

Or anything that can produce wealth or products which can act as a store of wealth. Ie a farm that grows/produces corn.

As our dollar or paper currency continue to lose value so do our investments such as stocks, high interest savings accounts.

Seems holding too much cash or paper investments aren't a good idea in an inflationary environment.

Lab Flaker

Quote from: JOE on October 16, 2024, 01:21:50 PM...such as gold, land/real estate, sought after art/collectibles.

Or anything that can produce wealth or products which can act as a store of wealth. Ie a farm that grows/produces corn.

As our dollar or paper currency continue to lose value so do our investments such as stocks, high interest savings accounts.

Seems holding too much cash or paper investments aren't a good idea in an inflationary environment.

Why are you explaining this to us as if we have no idea on how to invest our money and survive a recession?
This is all getting a bit tired now Joe.

Go have a Guinness and put some lead in your pencil...
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JOE

Quote from: Lab Flaker on October 16, 2024, 09:59:11 PMWhy are you explaining this to us as if we have no idea on how to invest our money and survive a recession?
This is all getting a bit tired now Joe.

Go have a Guinness and put some lead in your pencil...

At least the Gold I bought is doin good avatar_Lab Flaker Lab Flaker

Couple a years and it should double in value eh?

Guess I'll keep buyin' it Lab Flaker.

Lab Flaker

Quote from: JOE on October 16, 2024, 11:12:48 PMAt least the Gold I bought is doin good avatar_Lab Flaker Lab Flaker

Couple a years and it should double in value eh?

Guess I'll keep buyin' it Lab Flaker.

It's "...doing well" Joe... you're not donating to charity!

My property has increased in value over the past 3 months, more so than your gold could possibly appreciate in your lifetime.

Put that in your pipe and smoke it.

Lokmar

josephine, Trump is going to win, best sell off gold and silver now while its high.

Hold platinum because when Trump gets back in, they're gonna be building more ICE vehicles again.

Mark my words, you dumb bitch!

JOE

Quote from: Lokmar on October 16, 2024, 11:22:09 PMjosephine, Trump is going to win, best sell off gold and silver now while its high.

Hold platinum because when Trump gets back in, they're gonna be building more ICE vehicles again.

Mark my words, you dumb bitch!

Not sure who's gonna win....Lokmeer!

But if Kamala doesn't make it then the Democratic party will be pointing fingers & asking her why she didn't choose Shapiro instead of Walz.

"Oh...its because Tim made me feel so good!"

Like... wtf was she choosing...a suitor or dinner date to da prom?

Bet if that was a man he woulda chosen Shapiro eh?

Tharz many stories of past Presidents who didn't like their running mates but had them cuz it was what they had to do ta win. Eg I don't think Trump even likes Vance or Vice versa.  Apparently Kennedy didn't like Lyndon Johnson either.

Women...you know.

They're not logical at times & they think too much with their emotions rather than being pragmatic.

Lokmar

Quote from: JOE on October 16, 2024, 11:34:59 PMNot sure who's gonna win....Lokmeer!

But if Kamala doesn't make it then the Democratic party will be pointing fingers & asking her why she didn't choose Shapiro instead of Walz.

"Oh...its because Tim made me feel so good!"

Like... wtf was she choosing...a suitor or dinner date to da prom?

Bet if that was a man he woulda chosen Shapiro eh?

Tharz many stories of past Presidents who didn't like their running mates but had them cuz it was what they had to do ta win. Eg I don't Trump even likes Vance or Vice versa

Women...you know.

They're not logical at times & they think too much with their emotions rather than being pragmatic.

If you wait to sell until AFTER Trump wins, you lose.

Dont say I didnt warn you.

JOE

Quote from: Lokmar on October 16, 2024, 11:36:20 PMIf you wait to sell until AFTER Trump wins, you lose.

Dont say I didnt warn you.

Just like yer foe Kamala Trump is gonna push up yer National debt...Lokmeer! 

Plus he wants to weaponize yer dollar even more which will push up the price of gold even more.

100% tariffs on countries that dont play ball his way.

What do ya think that's gonna do? They'll buy even more Gold & start using it as a  currency standard...Lokmeer!

Gold price will shoot ta the moon!

Lokmar

Quote from: JOE on October 16, 2024, 11:46:46 PMJust like yer foe Kamala Trump is gonna push up yer National debt...Lokmeer! 

Plus he wants to weaponize yer dollar even more which will push up the price of gold even more.

100% tariffs on countries that dont play ball his way.

What do ya think that's gonna do? They'll buy even more Gold & start using it as a  currency standard...Lokmeer!

Gold price will shoot ta the moon!

Best sell, dummy. Gold is going to $2300/oz when Trump gets back in because the dollar is gonna GAIN value...

Oh well, you lose.

JOE

Quote from: Lokmar on October 16, 2024, 11:57:02 PMBest sell, dummy. Gold is going to $2300/oz when Trump gets back in

Not sure ...Lokmeer!

Are ta sure?

Could be Kamala but at this point I wont make any predictions Bud

Lab Flaker

Quote from: JOE on October 17, 2024, 12:31:24 AMNot sure ...Lokmeer!

Are ta sure?

Could be Kamala but at this point I wont make any predictions Bud
It's "bud" Joe...you're not conversing with a beer brand ffs!
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Lokmar

Quote from: JOE on October 17, 2024, 12:31:24 AMNot sure ...Lokmeer!

Are ta sure?

Could be Kamala but at this point I wont make any predictions Bud

I'm sure....you're going to lose money.
ENJOY!

Lab Flaker

Quote from: Lokmar on October 17, 2024, 09:06:53 AMI'm sure....you're going to lose money.
ENJOY!


He's a bit clueless isn't he? I really mean the part about my property appreciation. It's a buyer's market where I am. I could sell now and make an easy $100K off my initial purchase, and this Joe is going on about tiny margins?

I obviously realise the troll part...but is he also just plainly stupid?

Real estate is the way to make good gains without the unnecessary risks of the stock markets.

If you can development and sell an idea...for sure. Elon Musk comes to mind with PayPal. But buying gold for small gains makes no sense at all? And in Joe's case he probably keeps his stash at home in a safe. One caught break into his home, grab him by his throat until he shits himself and gives up the code, and the steal all his gold and apartheid era coins.  :s_laugh:
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Lokmar

Quote from: Lab Flaker on October 17, 2024, 09:38:54 AMHe's a bit clueless isn't he? I really mean the part about my property appreciation. It's a buyer's market where I am. I could sell now and make an easy $100K off my initial purchase, and this Joe is going on about tiny margins?

I obviously realise the troll part...but is he also just plainly stupid?

Real estate is the way to make good gains without the unnecessary risks of the stock markets.

If you can development and sell an idea...for sure. Elon Musk comes to mind with PayPal. But buying gold for small gains makes no sense at all? And in Joe's case he probably keeps his stash at home in a safe. One caught break into his home, grab him by his throat until he shits himself and gives up the code, and the steal all his gold and apartheid era coins.  :s_laugh:

I told that dumb bitch that when the aposcalisp happens, me and my AR are coming for his gold.
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JOE

Quote from: Lokmar on October 17, 2024, 09:06:53 AMI'm sure....you're going to lose money.
ENJOY!



Gold went up again today....Lokmeer!

goldprice.org.

....it's pushin' $2700/
Oz of yer Yankee dollarz .... Bud!