In total agreement. I plan to invest and make as much money as possible until then.
In total agreement. I plan to invest and make as much money as possible until then.
"There are no finger prints under water."
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"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
Silver is up on 18 right now, gold is up a little. Futures are flat, VIX is down 4 points from this morning, currencies are flat.
These episodes of panic are fun to watch, I'd like to see a few more countries break out of the EU.
Green across the board except for the VIX - http://finviz.com/futures.ashx
And XIV is up 5%: https://www.google.com/finance?q=xiv...mON8e9igKP1aho
ETA:
It only preserves your wealth if someone else believes it has value. In times of crisis, I doubt anyone will be begging for gold or silver on the streets or shooting each other to get gold and silver for their families. After the crisis, perhaps... but that also means that you have to survive the crisis for your gold and silver to be worth anything.
Last edited by HoneyBadger; 06-29-2016 at 11:13.
My Feedback
"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
"There are no finger prints under water."
My Feedback
"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind