Author: gork

Thank You Jamie Dimon for Illegally Smashing the Gold Price Again   [Copy link] 中文

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Post time 2019-10-31 15:21:42 |Display all floors
Lies

Here's a clown ostensibly ridiculing Great Satan statistics, even as his own don't make sense.

Every single year your money loses around 2% of its value. But over time those small bites of inflation fester into a major chunk of your investment gains.

Consider that, even according to the federal government’s monkey math, the US dollar has lost 94% of its value since 1929.

So even though the Dow is more than 70x higher than it was in mid-1929, when you consider the effects of inflation, stocks are only about 5x higher over the past 90 years.
. . .
It’s interesting to note that, when adjusted for inflation, GOLD has outperformed stocks over the long run.

When adjusted for inflation, gold has averaged a 1.8% return since 1929 (slightly higher than stocks), and a 6.7% return since 1999– more than 3x as much as stocks.

But unlike stocks, people who own gold haven’t had to put up with the same risks. No shady brokers. No WeWork bullshit. No Enron scandal.

They earned 3x more than the stock market– with the added benefit of being able to hold their investment right in their own hands.

- Three things you didn’t know about the crash of 1929

Gold is money, whereas the "worthless paper" USD is a credit note they defaulted on long ago. Therefore performance should be measured against gold.

Debasement of the "worthless paper" USD doesn't run at 2%. It runs at over 8% (10% in Poodleville).

If shares are up 70 fold, then in real-terms (against gold) they're down almost 20% since 1929.

If, according to the "monkey math" it has lost "only" 94%, then gold would have risen from £20.67 to $344.5. Whereas it's now about $1,480 for a 98.6% loss.

Citing a gold price performance "adjusted for inflation" is meaningless.

Another benefit which the above author fails to mention is tax. You only pay capital gains tax when you sell. And if you hold gold which is tax-free you don't have to even worry about tax.
Compounding is the magic ingredient.

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Post time 2019-11-1 15:41:39 |Display all floors
Kollapse of the Amerikan Idiocracy

Max. Kiester and Hasty Steerbutt point out that amerikan unicorns don't make money and are heavily subsidised. This is in alignment with the end of the petrodollar. Already, Saudi Arabia is selling oil to China denominated in yuan and Russia, China, Turkey and India are connecting up their alternatives to SWIFT.

Claims that the "worthless paper" USD are dominant are BS: “The US dollar retained its dominant currency status, being on one side of 88 per cent of all trades,” the BIS reported in the Triennial Central Bank Survey of April foreign exchange turnover, published last month. As for the yuan, it “remained the eighth most traded currency, with a share of 4.3 per cent, ranking just after the Swiss franc”.
- In a world where the US dollar dominates, China must strike back by enhancing the yuan’s international appeal

But the SWIFT bank transfer system includes financial transactions. It's like buttcoins where only 1.3% of transactions are actually for purchases. The rest is for speculators. It's the euro which is used the most in ACTUAL trade. In fact, China can dump the "worthless paper" USD any time she wants and as Russia and Iran have. She settles petroyuan contracts in "worthless paper" USD for no reason other than to support the amerikan quackonomy and that's also why the ECB and BoJ have negative interest rates. It's not as though japanese and european banksters are rushing out into the streets and begging people to accept free cash.

The Great Satan kraptocracy is borrowing over $1trn a year to absorb the flood of "worthless paper" USD returning to the land that they thieved. This is why "deficits don't matter".

The cash that's borrowed is used to subsidise shale oil, Tesla and cash4clunkers etc. Steerbutt also mentions how Uber subsidises her taxi-ride and how taxi drivers know that Uber couldn't be commercially viable. What such subsidies do is keep the rate of price inflation low.

However, none of this actually creates wealth. In fact, robbing the sheeple on the highways and extorting cash out of corporations destroys wealth, as does starting an illegal tariff war.

Wages will not rise because that risks a wage/price spiral.

It's a Ponzi scheme which max. Kiester says you can't taper and which is why winner of the Nobbled prize in quackonomics, Paul Krugman, suggests kicking the can down the road.

Innovation in the gangster-run, thieved prison-state of Amerika will continue to be absent, requiring Werner Von Braun to show them how to make rockets that didn't simply blow-up on the launch pad. Ford is even regressing, using live rear-axles and ladder chassis. All amerikan krudmobile industries, Boeing, Ford, Gangster Motors, Tesla etc. are now a complete s**tshow. The Great Satan even imports russian rockets and Verizon has thieved Huawei's 5G technology even as Google and Apple fail to produce 5G phones. All tech corporations are affiliated with the CIA (aka Murder Inc.) and are dependent on the sheeple being "dumbf***s" willing to hand over their personal data as well as on advertising. Other than that, they only have more fraud, such as buttcoins, where Satoshi Nakamoto is the NSA.

The poodle state is said to be "menopausal" and "dependent on the kindness of strangers" even as it undergoes a HUGE doggie death-spiral firesale of assets and has to buy Hinckley Point C on "the never never"; hire/purchase, having neither the funds or the expertise. The Brexit pantomime grinds on. Now a general election is, somehow, required. Brexit is the tactic of the suicide vest; a last-ditch attempt to sabotage the euro. Dominic Raab's claim that Poodleville, with two new (but leaky) aircraft carriers, will become "buccaneering global free traders" suggests riding on the Great Satan's coat-tails as pirates.

This won't change. Both the Great Satan and its mini-me poodle admit their IQs are plummeting STILL. As Ron Unz reports, all the Ivy League yooniversities are controlled by his fellow Jews and Asians are systematically excluded under a white/Jew supremacist model of sad, little bastardry. This is as depicted in propaganda movies, such as Pimpernel Smith, where scientists are smuggled out of "Nazi" Germany, implying that they're Jews. Not only are Asians held back, but ethnically Chinese scientists are being hounded and persecuted. Maria Butina is arrested and with ZERO EVIDENCE is prosecuted, not for being an agent of a foreign power, but for not registering as such.

Appearing on the Schwing-Schwing Show, Dmitry Orlov also pointed out how the Great Satan no longer has any manufacturing expertise whatsoever.

The kollapse of the amerikan s**thole in every sector and every nook and cranny includes the faeces-encrusted pavements (sidewalks), the faeces at Verizon who have thieved Huawei's 5G technology, robbing the sheeple on the highways, murdering african Amerikans and the opioid epidemic where Steerbutt has also pointed out Amerikans are consuming Tide pods.

A man has been arrested for having sex with a stuffed ‘Olaf’ snowman toy in front of horrified shoppers at a Target store in Florida.

Cody Meader was detained on Tuesday afternoon after repulsed eyewitnesses claim they saw him ‘dry-humping’ the large snowman toy from Disney’s ‘Frozen’ at the store in St Petersburg.

- The Social Decay That We See All Around Us Is Absolutely Breathtaking

Presumably "dry-humping" is an amerikan term. I have no idea what it is or what "wet-humping" might refer to or even if there is such a term. Honest!! Neither can I imagine what orifice. Presumably, he also skipped life-size stuffed toys of Anna and Elsa and went straight for the snowman.

This is, of course, the only way the Great Satan can compete with China and Russia's hypersonic missiles. In the event of war, they will threaten to "dry-hump" you.
Compounding is the magic ingredient.

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Post time 2019-11-4 01:01:16 |Display all floors
sinoecolearner Post time: 2013-6-10 16:18
so what's your opinion here? do you think it's time to sell out or buy in gold?

Sell gold as the last option. Sell stocks first and the sell Gold

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Post time 2019-11-4 01:01:22 |Display all floors
sinoecolearner Post time: 2013-6-10 16:18
so what's your opinion here? do you think it's time to sell out or buy in gold?

Sell gold as the last option. Sell stocks first and the sell Gold

Use magic tools Report

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Post time 2019-11-4 01:01:25 |Display all floors
sinoecolearner Post time: 2013-6-10 16:18
so what's your opinion here? do you think it's time to sell out or buy in gold?

Sell gold as the last option. Sell stocks first and the sell Gold

Use magic tools Report

Rank: 3Rank: 3

Post time 2019-11-4 01:01:25 |Display all floors
sinoecolearner Post time: 2013-6-10 16:18
so what's your opinion here? do you think it's time to sell out or buy in gold?

Sell gold as the last option. Sell stocks first and the sell Gold

Use magic tools Report

Rank: 6Rank: 6

Post time 2019-11-4 16:40:52 |Display all floors
Earlier this year Mr Rutte compared Mrs May to the dismembered knight in a British comedy sketch who deludedly insists his injuries are “but a scratch”. He seems to have little more respect for Boris Johnson. “He can hardly hide the fact he thinks the English are stupid,” observes Theodor Holman, a Dutch commentator.
- Britain and the EU will remain close even after Brexit

That's why I would vote the pothead war criminal every time. The "serial bungler" is a small-minded simpleton, with a 1st in Quackonomics from Oxford and stoooopid enough to deliver Brexit, a suicide vest to sabotage the euro for the benefit of the banksters.

Even war criminal, Auntie May, whined that they were a "laughing stock" and her bad deal was clearly Brexit in name only.

War criminal, BoJo, is delivering Brexit for the poodle-state but only by having a border along the Irish Sea, meaning the break up of the poodle state, with all three celtic states considering independence.

Similarly, the Great Satan is blocking imports and exports with the illegal tariff war. It's not as though the Great Satan wants all those "worthless paper" USD flooding back, especially as the petrodollar is now toast. But long term, no one will ever trust the Great Satan ever again with any trade. Huawei anticipated the denial of semiconductors and s**tware. China will buy brazilian soybeans from now on.
Compounding is the magic ingredient.

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