Long Position on Silver and Gold?

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Originally Posted by earplug

Silver is heavy. Consider $15.000.00 of silver is more then you want to carry across a parking lot.

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True but you may have problems getting change for your 1 oz gold coin when the SHTF. Just as when I travel internationally, I want a mix of large bills and small bills so my travel wallet doesn't bulge but want to pay for a samosa or coffee with something smaller than a $50 bill ...

This thread just presented the same weird display issue as seen yesterday in PWT.

Thread shows new page (45), but clicking on new page brings one to the top of page 44.

All the threads have been doing it today. I think TheGinsue is having a smoke break.

Sallie and auto loan is new Fannie and Freddie.
At least no one is dumb enough to make student loan or auto loan backed securities.
Moreover, there are no insurance companies (AIG) writing default swaps.

Good to see the markets recover.

Got back a bit more than what I lost on the big dip. Amazing to see +100K in a quarter, but I lost 90K in the dip.

Sad to think I only gained 50K over a whole year (over what I put in).

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Originally Posted by ray1970

I?m banking on the future of crypto?s. Well maybe not banking. More like speculating I guess. I do think the concept has a lot of promise. It?s actually implementing the concept that is going to be problematic I think. I?m sitting on what I have for the long run and we?ll see what happens.

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I disagree...

Look at the 51% attack that Ethereum went through a couple months ago. That kind of vulnerability is exactly why blockchain and the whole crypto idea will never take over any real currency or market.

I've made a decent amount day trading the crypto's but after watching them all tank, every single one of them, for several weeks after a relatively benign 51% attack, I don't see a realistic future it...

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Originally Posted by Grant H.

I disagree...

Look at the 51% attack that Ethereum went through a couple months ago. That kind of vulnerability is exactly why blockchain and the whole crypto idea will never take over any real currency or market.

I've made a decent amount day trading the crypto's but after watching them all tank, every single one of them, for several weeks after a relatively benign 51% attack, I don't see a realistic future it...

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Um, for those who may read the above & immediately think cryptocurrency is block chain, it is NOT.

Bitcoin, Ethereum, Dogecoin, Litecoin, Monero & all the others are just using the block chain technology to prevent the double spend problem that is inherent in all public trustless digital transactions.

Ethereum's specific 'proof of work' algorithm was why the 51% was possible. 'Proof of stake' is more energy efficient which is what they are going towards which then should make it harder to usurp at the fork. Maybe.

On the flip side, the resources necessary to try the same attack on Bitcoin would be so cost prohibitive that only nation state actors could afford it & even then people would notice all the mining migration.

But I don't care about cryptocurrencies... I'm a nerdette who just likes the ledger which is why I chimed in to clarify. POIT

Cash is King , along with PM's. if you can't hold or fold it. It's a number on a screen, anyone can disappear with.

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Originally Posted by Sawin

I agree 100%. Now is a great time to buy WB!
For what it may be worth, I have been buying WB, JD, BABA, IQ, BILI, and EMQQ (an ETF, providing exposure to more tech companies in the emerging market sector) during this down turn and am loving it, despite being "down"... I believe it is a very good idea to buy and hold equities like these for a few years.

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Just wanted to see who, if anyone took advantage?! It?s been fantastic since I made this comment in December. Hopefully someone here looked into these and rode the ride with me. (It?s not over, but you?d definitely be a little late at this point).

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Originally Posted by ChickNorris

Um, for those who may read the above & immediately think cryptocurrency is block chain, it is NOT.

Bitcoin, Ethereum, Dogecoin, Litecoin, Monero & all the others are just using the block chain technology to prevent the double spend problem that is inherent in all public trustless digital transactions.

Ethereum's specific 'proof of work' algorithm was why the 51% was possible. 'Proof of stake' is more energy efficient which is what they are going towards which then should make it harder to usurp at the fork. Maybe.

On the flip side, the resources necessary to try the same attack on Bitcoin would be so cost prohibitive that only nation state actors could afford it & even then people would notice all the mining migration.

But I don't care about cryptocurrencies... I'm a nerdette who just likes the ledger which is why I chimed in to clarify. POIT

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Fair.

My intent was not to make it sound like blockchain=crypto, but merely to point out that the vulnerability exists and was proven as existing with the Ethereum attack.