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RogerD

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May 23, 2010
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Sure Can't print Gold. I am no economist. I just wonder if you already have shit load of debts nothing happens when you print trillion and trillion more? It is great to own a casino that has its own printing machine working when the house is losing. We all should have a printing machine in the back yard.

China use to have the strongest currency in the world. Before them the U.S. and Germany and then Greenspan blew a bubble after the '87 crash, the Banksters took over....the rest is history. The debt bubble is crashing of it's own weight and nothing will stop it now. The oil crash will take everything with it....everything and then 16 months from now the SDR will rise from the ashes and hard money will last for about as long as you 'Blink" . We are in extraordinary times and Murphy's law is ruling now...now is not the time to be complacent, have plenty of oil for your lamps.
 
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Tango

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Tang, what we truly need (should have in our own backyard) is a tree full of money growing in it, plus a vaccine, which both we won't have anytime soon.
Better make it hen that lays golden eggs Bob.
 

andromedaaudio

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There is only one thing green........... on my screen .
And thats that golden metal:) money printing hedge
 
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andromedaaudio

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I ve never seen such a totally unhealthy FED rigged market .
If the FED would step out i could see the dow tank to 6000 -10000 .
Capitalism is finished .
The FED which is basically a bank cartel has totally grown out of control and out of its mandate
 

andromedaaudio

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There is only one thing green........... on my screen .
And thats that golden metal:) money printing hedge


Still doing fine.
I m tempted though to gamble / short the market in the fall
In the case the fed will buy that dip , they have to print more money
Good for gold you can see the dollar falling already , there aint no free lunches in the world unfortunately
 
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andromedaaudio

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Gold sold :confused: off while inflation increases substantially month by month
The fed is in the corner , they cant raise rates substantially to curb inflation , they can do the talk but thats about it.
I m buying some more gold stocks on the cheap
 
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marslo

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May 2, 2014
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I was buying gold in 2014-2016 for an average price of ~1250 usd, will keep it as an ultimate security. Modern monetary theory does not convince me, but I could be wrong ;)
 
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andromedaaudio

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I dropped another CH L1 on gold stocks .
1 stock almost got cut in half in a years time . :confused:
But for me to spend 30 50 or 200 K on audio gear it really has to be substantially better and give me much more audio pleasure then the CAT does.
In the meantime gambling is better :)
 
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andromedaaudio

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Regarding this evergrande situation .
Say the market drops 20 % , there is no way the fed is going to taper .
They will talk the talk but inflation is gonna grind higher and they wont / cant do anything to stop it
In europe same stuff , we used to have a strong guilder and germany a strong D mark , the so called " smart " elite have built a sinking ship just floating on 0 % interest rates ready to pop
:)
 

andromedaaudio

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Who dares to short the stock market , i think we have a nice set up forming today/ tomorrow with :...... Evergrande, Fed , Debt ceiling ??
But option contract prices are so high i think i skip , since covid its basically not worth it anymore to buy put contracts
Last year i made nice profit jus before /during the crash though when prices were reasonable
 
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andromedaaudio

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Luckily i didnt short . :)
Tomorrow CPI numbers sept , see what the" transitory " inflation numbers are
May the best inflation hedge win ; The Bitcoin bandits / Bullies or the Gold bugs .
If you look at it since 2016 it has been BC first Stockmarket Real estate and Gold stocks fourth
 
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andromedaaudio

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Finally my gold / silver stocks are moving again.
One day they re gonna rocket higher .
I think we ll have 20 - 30 % up days in the not so distant future when the market realizes that the fed is boxed in
 

andromedaaudio

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Absolutely.
I m not much into cars to be honest , but he achieved quite a lot in a small amount of time .
I m more into his space adventures .

Ah 1-2 years more and im gonna get a lot more serious into my audio business adventures .
I ve got some good new ideas to potentially improve a speaker design and exploring is a lot of fun.

Ps on the next model no cost skipping anymore by andro , were going for gold this time :) as in my stocks
 
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