to put this as simple as possible. Is the economy going to dump more and then eventually go back up, indicating a buying opportunity in stocks, real estate, etc. Or is all going to zero? Would I be safe if I invest in good companies or is it not worth it all,because the USDollar may go to zero? What are your thoughts? Should I take this as a buying opportunity or embrace the possibility of a complete financial collapse where my money is now toilet paper?
Im just a broke trade school student unsure about this whole shitty clown show, and dont want all of my money to go down the drain.
To go off topic a bit, Would trump even let that happen, because if you introduce a new financial system, what are you going to do if millions of hard working middle class Americans lose all their wealth from the old system?
dont buy into rigged markets.
go for silver and gold if you can.
Sure, silver an gold markets are totally legit...
Not the gold and silver market, physical gold and silver. You are correct that the COMEX is completely manipulated by derivatives in the gold and silver paper market.
silver and gold can never default
at least its a physical commodity with inherent value.
Ha, you are right, but for stacking physical...the manipulation is a feature. (for now) 😉
whats this dislike against stocks, everything's being manipulated, precious metals AND stocks. So whats the big fuss about it.
Most people here know fuckall about investing and just are precious metal boomer maxis. It’s extremely cringe.
Legit. I cringe like mad when I see the gold/silver-only crowd pipe up. They talk about EMPs rolling across the entire country. They talk about a total collapse of the market, as if all the companies that literally manufacture every good you consume are going to fail all at once. It's insane.
You have to ask yourself: do you think that Mondelez, Protector & Gamble, and Pepsi are all going to go out of business at once?
Thank you. Because if they knew jack shit about investing, the would not waste time hanging out on the internet blabbing. They'd be kicking it in the Caribbean saying Marcellus Wallace was right.
Silver is so shorted by them keeping the price down. Eventually they'll have to make good
The point is exactly that. Everything IS being manipulated. When that manipulation is exposed - what can you hold onto?
Stocks and retirement funds that brokerages manage? No. They can literally sell these out from under you (just like what they did when GME began to moon in Jan 21')
If you're holding silver/gold (or have certain stocks DRS'ed), those are untouchable.
Invest in assests that you can hold.
All the value of derivatives will fall into gold when the crash comes. Paper (derivatives) will only be worth what its printed on.