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Joined: Dec 2013
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Originally Posted by 222ND
Which stock would be best to own in the event of a currency collapse?
Probably not one held by some financial institution where all you have is paper.


Patriotism (and religion) is the last refuge of a scoundrel.

Jesus: "Take heed that no man deceive you."
GB1

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Dealers or places that buy gold and silver on pay you a certain percentage of spot price.


Easy's gettin' harder everyday
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Originally Posted by Tarbe
Naked shorts and rehypothecation.

Going to head fake and then destroy a lot of paper wealth.

Consider your counterparty risk when thinking about where to park your years of hard work.
Tarbe, not an investment guy at all, can you dumb this down for me? I'd like to hear your theory, and short version is fine lol, Thanks.

Last edited by Dons99; 03/18/24.

"Drop that or by the splendor of God I will blow your heart out." Kit Carson

"Make sure you are doing what God wants you to do then do it with all your strength." George Washington
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I became more than tempted and bought $2000 worth.


Conduct is the best proof of character.
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Originally Posted by EdM
I became more than tempted and bought $2000 worth.
Worth of??

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Originally Posted by EdM
I became more than tempted and bought $2000 worth.

What did you do Ed, have indigestion at lunch, and spent your pocket change on an oz? Laughing!

I am always happy for guys who made good choices and sacrificed when younger and they paid off!


If your a leftist, whatever Donald Trump says or does, that pisses you off rest assured, I am a Happy Camper!
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Well, it busted clean through my prediction for this month. It closed today at $2,218.30.

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Originally Posted by Clarkm
Originally Posted by Cheyenne
Originally Posted by Clarkm
I used to say "Gold, guns, and guitars go up at 3% compounded, which is background inflation."


I need to add gunpowder to the list. Re23 went up 16.7%/year compounded over the last 6 years.

Isn't Alliant owned by VSTO? It's up 14.18% in a year, 7.81% YTD. (Still not beating the S&P 500 over the short run, but way ahead of the S&P 500 over 5 years.)

If you think with numbers.....

Magnificent Seven Stock Performance 5 years

Alphabet Inc. (GOOG) 152.29%
Amazon Inc. (AMZN) 80.19%
Apple Inc. (AAPL) 340.40%
Meta Platforms Inc. (META) 137.05%
Microsoft Corp. (MSFT) 240.09%
NVIDIA Corp. (NVDA) 1094.64%
Tesla Inc. (TSLA) 807.56%

S&P now at 5200.

Pundits predicting the Dow will cross 40,000 within 6 months.

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