View Full Version : Long Position on Silver and Gold?
Pages :
1
2
3
4
5
6
7
8
[
9]
Glock Shooter
02-01-2021, 16:08
thank you
beast556
02-01-2021, 17:40
where is the best place to buy silver?
Erie gold and silver is the best place to buy precious metals and coins. I can't rember the owners name but he is a stright shooter no bs.
Erie gold and silver is the best place to buy precious metals and coins. I can't rember the owners name but he is a stright shooter no bs.
Agreed on all points.
I should have mentioned Erie too. Another +1 from me.
GME AMC (and maybeDDS) PUTS options are expensive.
Interested.
https://www.ar-15.co/threads/91081-Long-Position-on-Silver-and-Gold?p=2316129&viewfull=1#post2316129
It was expensive but worth it.
This gain will be compensation for my kid STILL waiting for PS5.
[my precious]
It is even more expensive getting into PUT now.
When it was close to 400s, it was expensive, right now those lotto options (way out of the $ is costly).
https://finance.yahoo.com/news/large-option-traders-making-aggressive-201633521.html
LMAO!!!
https://www.oann.com/yellen-passage-of-covid-relief-bill-will-get-labor-market-back-on-track-despite-inflation-fears/
During an interview with the International Monetary Fund on Monday, Yellen claimed the measure would “fuel a very strong economic recovery.”
HAHAHAHAHAHAHAHAHAHAHA
Meanwhile, small business which is the backbone of a vibrant economy remains incapacitated by illegal gov't edicts.
Anyone else tracking the proposed capital gains hike?
Jumping from about 23.4% to 43%+ on people making over a million. Conservative estimates are that will trigger 1% of the market to selloff. I think that is too conservative, as a lot of other people who are not necessarily millionares will pre-sell to avoid an anticipated pullback (including people like me, most likely)
I personally see this as a catalyst that could result in a cascading market correction.... Who the hell will wants to invest in equities if they have to hold long and still get f'ed in the "a" by government taking nearly 50% of any gain? It could very well be the needle that pops the balloon imho.
There's just so much money out there, that any attempts to reclaim it are kind of silly.
I remain bullish, as there is no where else to spend it, than the stock market.
Great-Kazoo
05-03-2021, 23:47
There's just so much money out there, that any attempts to reclaim it are kind of silly.
I remain bullish, as there is no where else to spend it, than the stock market.
PM's, land, a house or so, to use as a rental property. You can come down here and own 5 ac with well for about $125K
I keep hearing the Dems. mention "tax the rich", and then I wonder, who decides who is rich? I mean after all, if you ask 10 different people on the street how much money it takes in their eyes to qualify someone as being "rich", you'd get 10 different answers. And it seems to me that the Dems. keep lowering that amount, every time they speak. Used to be those that made over 1 million a year, now it seems they're throwing around the $400,000 number as the quantifier, and in reality, I'm guessing that the number is going to be quite a bit lower then that for those that will have thier taxes raised to pay for all the free shit the Dems. are giving away.
AND does having a million plus in investments qualify or is it only those who claim a million on taxes at the end of the year? And does that million count before or after right-offs for small businesses?
The market could stand a good correction, but for now, I'm almost all in so fingers crossed that if and when the big correction comes, I still have time to recover if I stay in for the long haul.
Personally, PM's aren't really an investment. May be good to hold value in a vault, instead of cash and I wouldn't touch a rental property with a 10' pole. I've just heard way too many horror stories about piss poor renters, and with the laws in their favor these days, it just anchors my thought on that.
I know so many Republicans who use to say "tax the rich" since Clinton Era. They were proud dumbocrat, until they were making upper tax tier of income.
These turds are worse.
��.
BladesNBarrels
05-05-2021, 07:52
PM's, land, a house or so, to use as a rental property. You can come down here and own 5 ac with well for about $125K
PM?
Private Mortgage, Property Management?
Not sure what the abbreviation means.
[Coffee]
Before crypto currencies bubble burst, precious metal will be thr place.
colorider
05-05-2021, 12:07
Been playing with crypto for a few weeks. Having fun with 2. Xrp and dogecoin. No big bucks being invested. Just playing around with some money. For fun.
Great-Kazoo
05-05-2021, 12:53
Before crypto currencies bubble burst, precious metal will be thr place.
You believe PM prices will drop, or tank, before crypto currency?
I keep hearing the Dems. mention "tax the rich", and then I wonder, who decides who is rich? I mean after all, if you ask 10 different people on the street how much money it takes in their eyes to qualify someone as being "rich", you'd get 10 different answers.
The definitions are quite simple. (me is not me but a general me)
Anyone who has more money than me, it is a rich greedy bastard not paying their fair share.
Anyone who has less money than me is a lazy bastard that is taking handout and paying their fair share.
You believe PM prices will drop, or tank, before crypto currency?
I think relative to money supply and cpi/ppi/inflation, precious metal is very underpriced due to hedgers going to crypto.
As soon or prior to crypto bubble bursts, I wanna get into precious metal.
kidicarus13
05-05-2021, 16:03
The definitions are quite simple. (me is not me but a general me)
Anyone who has more money than me, it is a rich greedy bastard not paying their fair share.
Anyone who has less money than me is a lazy bastard that is taking handout and paying their fair share.Truth
I think relative to money supply and cpi/ppi/inflation, precious metal is very underpriced due to hedgers going to crypto.
As soon or prior to crypto bubble bursts, I wanna get into precious metal.
Interestingly, I?ve now got about the same amount of holdings in both crypto and PM, but my cost basis in crypto is zero. I?m holding on to what house-money remains in my crypto portfolio indefinitely. Having tangible PM?s is certainly the more rational choice, but I suspect the flexibility and liquidity ease, coupled with massive volatility and therefore the ?FOMO? will keep people piling into them.
I think relative to money supply and cpi/ppi/inflation, precious metal is very underpriced due to hedgers going to crypto.
As soon or prior to crypto bubble bursts, I wanna get into precious metal.
crypto started to lose stream. not a crash yet.
https://www.google.com/finance/quote/BTC-USD
https://www.google.com/finance/quote/ETH-USD
https://www.google.com/finance/quote/LTC-USD
BushMasterBoy
05-19-2021, 15:02
86220
Nobody was saying, Silver!, a year ago.
Rather than trying to beat the market, just make sure you are in the market.
Damn stimulus ruined my investment strategy. Without it, it would have had 40ish% correction. Since stimulus is all gone, let the fundamental/technical avoiding rookies go LONG*. :D
*then pig usually got slaughtered.
Aloha_Shooter
05-21-2021, 16:10
The low point of the curve displayed by BushMasterBoy was also a relatively low point for $GME. $GME has gone up considerably more than silver in the past 12 months. Just saying. :D
I know some zero knowledge investors who invested gme just the fact that ps5 is coming out. Dumbest logic ever, but he made a decent %% gain.
Now he thinks he is an economist, securities analyst, financial advisor, and chartered market technician.
https://www.marketwatch.com/story/financial-advisers-arent-scared-of-bidens-retroactive-capital-gains-tax-hike-but-theyre-definitely-not-thrilled-about-it-either-11622231977?siteid=yhoof2
Looks like they are wanting to avoid a market selloff by just making any changes "retroactive".
So they want to "retroactively" bump capital gains tax from 20% to over 39% in an already volatile market, no big deal.
Besides, people who make more than a million just inherited it, they are probably too stupid to figure out ways to keep more of their money and will have a huge Biden smile as they write huge checks to pay for more vote buying programs. And all the poor people are a democracy and the majority always wins, that's what our country is 'sapposed to be.
PS: No, I don't make a million dollars. This is still crazy, imho.
Aloha_Shooter
05-29-2021, 08:28
The Supreme Court should have struck down ex post facto tax increases when Clinton first imposed them. Penalizing economic decisions AFTER they've been made and executed is as much bovine fecal matter as criminalizing conduct after the fact.
I am not even mad...
I am more laughing about this. This will bring true fiscal conservative republican to win back the white house on 2024 election yr.
Biden budget reiterates 43.4% top capital gains tax rate for millionaires
PUBLISHED FRI, MAY 28 2021 5:23 PM EDT
UPDATED FRI, MAY 28 2021 6:17 PM EDT
Greg Iacurci
@GREGIACURCI
SHARE
KEY POINTS
President Joe Biden issued a budget proposal Friday that called for a 39.6% top capital gains tax rate, in line with what had been previously proposed to help fund the American Families Plan.
It would apply to taxpayers with income of more than $1 million.
Combined with a 3.8% Medicare surtax, the richest Americans would pay a 43.4% top rate on capital gains.
https://www.cnbc.com/amp/2021/05/28/biden-budget-reiterates-top-capital-gains-tax-rate.html
I was saying this since late 2019,and seems like I am still the minority.
https://www.cnbc.com/amp/2021/06/07/deutsche-bank-warns-of-global-time-bomb-coming-due-to-rising-inflation.html
Deutsche Bank warns of global 'time bomb' coming due to rising inflation
PUBLISHED MON, JUN 7 2021 12:49 PM EDT
UPDATED 3 HOURS AGO
Jeff Cox
@JEFFCOXCNBCCOM
@JEFF.COX.7528
SHARE
In an out-of-consensus forecast, Deutsche Bank is warning of a potential crisis coming from inflation.
"The effects could be devastating, particularly for the most vulnerable in society," the firm's economists said.
Most on Wall Street and at the Fed see inflation is a temporary problem that will ebb as special factors fade away.
BushMasterBoy
06-09-2021, 11:48
I wonder if we will invade Venezuela. Seize the oil fields and instill a US type democracy. Largest known reserves in the world. Especially if Iran fields the bomb.
We have the world's largest reserve of Natural Gas, along with Petroleum Reserves (due to fracking) to last a very long time.
Venezuela, continues to have no interest to us.
(I was born in Venezuela)
Do you remember when Jimmie Carter was President, and he would cow tow to OPEC?
Now, Oil and Gas is a commodity produced by the United States, thanks to the Oil and Gas Entrepreneurs and innovations like fracking.
We should be expanding on this, leveraging the cheap cost of energy to drive innovation and quality of life improvements for all people, just like cheaper energy has always done.
But no, now "fracking" is under fire. Drilling is under fire.
Cheap, clean, energy is the goal and they won't have it.
Oil and Gas, is cheap, clean, energy.
BushMasterBoy
06-09-2021, 22:32
Oil imports have dropped admittedly since 2005 was 60%. AF1 flew a real unusual pattern today on the way to the G7 Summit. I have never seen a circling pattern, ever. Usually Air Force One get priority over everything in the air. Even in the UK! Open Skies Treaty has been abandoned.
AF1 left RAF Mildenhall and flew almost to Scotland to get to airport closest to G7 site. It circled around over the south coast of England but, remained in the edge of the ADIZ. It took the long way there to say the least.
https://www.americangeosciences.org/critical-issues/faq/how-much-oil-does-us-export-and-import
https://www.msn.com/en-us/news/world/russia-may-be-operating-an-attack-submarine-off-the-g-7-summit/ar-AAKSiFD?ocid=winp1taskbar
86464
I really liked when Oil was $14/barrel last year. (of course it was -$28 for few hours too). :D
Powered by vBulletin® Version 4.2.3 Copyright © 2025 vBulletin Solutions, Inc. All rights reserved.