Sure, it will be painful for a short period, but I am finally starting to feel genuine hope. Can't wait for the collapse, take back, and rebuild phase to begin.
Just for fun
In your opinion how short a period? And do regular-guy investors need to react by moving their money out of their index mutual funds, or just sit tight and wait for it all to come back—with interest?
(Obvious Disclaimer: not taking financial advice from random strangers on the Internet :)
Not the OP, I'll let them respond for themselves. Answer this question: Why is Blackrock buying up huge amounts of real estate at above (already inflated) market prices right now? I can only assume that Blackrock knows that our current money will have no value soon but real assets will. No matter what currency system awaits on the other side of the reset, hard assets will always have a relatively consistent value when compared to the economy in general.
That's right. Paper is well, paper. Real assets, ie. real estate, gold and silver, will maintain value as they have throughout history. Paper or electronic bets, not so much...
Do you mean stocks in companies that own or mine precious metals, or the hard asseet itself? SIlver and gold can be manipulated down, as has been all our lives, but they cant suppress it forever, and if inflation happens like it would in a bad economic situation, the hard assets will go up in value, but if just have paper in say SLV, probably be fairly worthless, in my uneducated crayon eating hominid mind. Almost any paper you can buy on robinhood, probably not worth buying in a collapse situation. Stronger argument for PSLV (cant buy on robbinghood) but I believe that fund just holds physical silver.
Hoping my tendies will moon before dollars take a back seat to shiny beads and wampum, so i can load up even more on hard assets. If precious metals are good investments, imagine what value firearms and associated products, plus medicines and eventually food/safe water will be worth.
I dont know how bad it will be but it will have to be bad enough for the People to retake power for themselves. Is there miliatry/special govt ops that may have been preparing for commie takeovers and deep corruption for many years? I think so, but freedom is not real unless it is earned.
just a guy and 1 opinion, but unless you're actively involved in some GME-like effort to take down the cabal, get out of their game. buy real tangibles...land, physical gold/silver, tractors, anything that will hold it's value and most likely appreciate
i don't know you can avoid unless some way to defer tax and hope system is obliterated before tax man comes. alternatively there might be a way to keep it out of your reach but invest in physical gold and/or link it to a child or other family member. need a financial guru that's of a patriot mindset for that figuring. many of these types will consult for free on hopes of getting your business and i have lots of friends that are money managers. if i remember I'll ask and you can check back with me in a week or so
? Cap gains are triggered every time you make a profit off stocks or other instruments. Are you saying you dont want to sell stocks permanently, or think it's based off percent of holdings or something?
i think bigger picture we need to get away from allegiance to money and focus on self sustainability individually and as a community. if you know or can learn how to build a house and there's a member of your community that's great at farming for example, help each other out without money. this imho would be the happiest life we could live
In my opinion? 5 years. This will be a bigger economic downturn than the great depression in my opinion, and it took years for TGD to hit bottom and start climbing back up.
Just for fun
In your opinion how short a period? And do regular-guy investors need to react by moving their money out of their index mutual funds, or just sit tight and wait for it all to come back—with interest?
(Obvious Disclaimer: not taking financial advice from random strangers on the Internet :)
Not the OP, I'll let them respond for themselves. Answer this question: Why is Blackrock buying up huge amounts of real estate at above (already inflated) market prices right now? I can only assume that Blackrock knows that our current money will have no value soon but real assets will. No matter what currency system awaits on the other side of the reset, hard assets will always have a relatively consistent value when compared to the economy in general.
That's right. Paper is well, paper. Real assets, ie. real estate, gold and silver, will maintain value as they have throughout history. Paper or electronic bets, not so much...
Do you mean paper bets like silver and gold that are getting pounded as we get closer to Oct? It may be closer to the moon than we think.
Do you mean stocks in companies that own or mine precious metals, or the hard asseet itself? SIlver and gold can be manipulated down, as has been all our lives, but they cant suppress it forever, and if inflation happens like it would in a bad economic situation, the hard assets will go up in value, but if just have paper in say SLV, probably be fairly worthless, in my uneducated crayon eating hominid mind. Almost any paper you can buy on robinhood, probably not worth buying in a collapse situation. Stronger argument for PSLV (cant buy on robbinghood) but I believe that fund just holds physical silver. Hoping my tendies will moon before dollars take a back seat to shiny beads and wampum, so i can load up even more on hard assets. If precious metals are good investments, imagine what value firearms and associated products, plus medicines and eventually food/safe water will be worth. I dont know how bad it will be but it will have to be bad enough for the People to retake power for themselves. Is there miliatry/special govt ops that may have been preparing for commie takeovers and deep corruption for many years? I think so, but freedom is not real unless it is earned.
just a guy and 1 opinion, but unless you're actively involved in some GME-like effort to take down the cabal, get out of their game. buy real tangibles...land, physical gold/silver, tractors, anything that will hold it's value and most likely appreciate
Again, the hundred grand capital gains tax - how to avoid?
Aren't there IRA's that are backed by precious metals or land investment? If so, you could move your portfolio into these tax free I think.
I've read the precious metal backed IRAs are a scam. If you can't hold it, you don't own it. Just a word of caution.
i don't know you can avoid unless some way to defer tax and hope system is obliterated before tax man comes. alternatively there might be a way to keep it out of your reach but invest in physical gold and/or link it to a child or other family member. need a financial guru that's of a patriot mindset for that figuring. many of these types will consult for free on hopes of getting your business and i have lots of friends that are money managers. if i remember I'll ask and you can check back with me in a week or so
? Cap gains are triggered every time you make a profit off stocks or other instruments. Are you saying you dont want to sell stocks permanently, or think it's based off percent of holdings or something?
i think bigger picture we need to get away from allegiance to money and focus on self sustainability individually and as a community. if you know or can learn how to build a house and there's a member of your community that's great at farming for example, help each other out without money. this imho would be the happiest life we could live
In my opinion? 5 years. This will be a bigger economic downturn than the great depression in my opinion, and it took years for TGD to hit bottom and start climbing back up.