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scaredyclassic
ParticipantYep. The up and down is very steep.
Im very bad at buying, and selling.
Im good at paralyzed holding. Thats my specialty in fact.
I’d probably be holding at $55 silver
scaredyclassic
Participant[quote=ucodegen]I would rather have it than not. Too many problems when you don’t have it.
I have a lot of my portfolio in long term holdings, which mean selling it will kill me in taxes.
The more interesting question in all of this is how do the brokerages then make money if the transaction costs are zero?[/quote]
Interest on sweep accounts?
scaredyclassic
ParticipantMore choice = less happiness.
scaredyclassic
Participanthe murdered her spirit.
lee harvey oswald was probably aiming for jackie
scaredyclassic
ParticipantGold does seem silly if u think about it too much, but then again so do mortgage backed securities
scaredyclassic
ParticipantFeel exhaudted all the time.
Heat and the threat of covidscaredyclassic
ParticipantWe bought that cd new when it came out. Listened to it 100x.
The tiny bit of success ive had in life feels so hard won, precarious and small. Im a small weed, a bit of dandelion fluff
scaredyclassic
ParticipantThose who would give up essential liberties to purchase temporary high property values, deserve neither tax deductibility nor historic low mortgages.
Benjamin franklin.
scaredyclassic
ParticipantYes. Dammit. I forgot i was a buddhist for a minute there. Thanks 4 reminding me! Maybe hit me in the head with a stick next time
Grr. Death and fear and worries and pressures catches me unawares.
Song we [used to ] sing at deerpark monastery in escondido as people arrive:
Happiness is here and now,
I have dropped my worries.
Nowhere to go, nothing to do,
no longer in a hurry.
Happiness is here and now,
I have dropped my worries.
Somewhere to go, something to do,
But I don’t need to hurry.
My first visit, i was so embarrassed to sing this song with all these people on sunday, holding hands in a big circle for godssake.
Young monk with a guitar and a giant smile leading us all in our off key warbling.
I thought i hated group spirituality stuff but…you get into it…you see new people kinda awkward like u were at your 1st visit.
Thinking ike…wtf is with the songs???? R these people furreal?
You dont really sing because its just too embarrassing.But later youre belting it out. Fuck it. Who cares what newbies think. Theyll come around or not come back…
I miss it!!!!
You kind of get over the goofiness of it and the lyrics of thich nhat hanhs song and the profundity hit you
Buddhism , meditation, its a practice. Ive been way in practice. Lately im out of practice
(Worst shutdown loss for me is no day of mindfulness at deerpark every week. So glad i got to the retreat in feb before they shut down.)
Just knowing theyre there doing their monk nun thing makes me feel better. Send them money every mo. Got info on leaving a bequest.
So easy to get off track. Thats why i need this derrpark monastery to get back. But when. It could be years. Or not in my lifetime. 🙁
Need to get my own practice back on track.
I was meditating over 60 mins at a clip ….
Now 10 is taxing again.
Its always there to come back to.
I get shaky, scared and hurried. Pressured. Squeezed.
But its not real…or at least it doesnt have to be that way.
I still in moments feel crushingly overwhelmed. My friend who died, he lived without my brand of fear. Quit a tenure track prof. Position at an ivy league school. Expert in obscure research area. Quit to go a completely diff. Direction.
A brilliant, open, relatively fearlesstruly adventurous human.
Im just getting dumber and more shutdown and more scared by the day. More kids…more gtandkids…a larger circle of people to fear for. My mom, my wifes mom…they worry so much…such a large circle of potential disaster
scaredyclassic
ParticipantThe bible seems to indicate that all stored wealth will pass away.
Your gold and your silver are rusted; and their rust shall be for a testimony against you, and shall eat your flesh as fire. Ye have laid up your treasure in the last days.
So in addition to theft, theres also spiritual risk. Im willing to accept that tho. So the risk of holding paper assets seems lower than the risk to my soul.
scaredyclassic
Participant[quote=gzz]Problems with gold stocks:
Labor troubles, nationalization risk, they are really bad for the environment and risk divestment and drastically increased costs because of stronger regs.
Canadian miners are often stock scams more than actual companies.
Alternatively, you can own one of these:
https://www.jmbullion.com/2020-1-oz-british-gold-queens-beast-white-horse-coin/
https://www.jmbullion.com/20-saint-gauden-gold-double-eagle-almost-uncirculated/%5B/quote%5D
Many believe any form of paper gold, including gld, cef and so on, ultimately is a leveraged scam and believe if you dont own a real su b stance u have nothing. Which seems possible to me. But jeez…its a little extreme
scaredyclassic
Participant[quote=pinkflamingo]Silver is definitely cheaper. In fact, silver/gold ratio is at all time highs. And if you look back at the 08 recession w/e to QE, silver did just as well in terms of percent gains if not better. We own about 50/50 split between CEF/PSLV
We would like to positioned our portfolio at 20% metals by end of next year. Waiting for the market to dip to get the other 10% in hopes that metals will also dip due to margin calls again as in Mar. When will this mania end? Then again, if every thing dips, buy gold or just buy snp?
Why 20%? Because Golden butterfly, Dragon portfolio and the likes of them recommend 20% Gold. Are these portfolios hyped? Probably. But this year so far we are at 9 trillion, between fed and gov. Some predict we will need another 10 before this is over. I can’t imagine gold/silver going down with the current fed/gov policy.
I would like to look into mining. Gold and silver maybe even uranium. But so far I have not determined what I should be looking for. And I am hesitant to buy into something that I do not understand.[/quote]
GDX is a diversified miner etf. Risky. Also gdxj for junior miners. Pretty ez way to lose money. Or maybe make some?
scaredyclassic
ParticipantDo dreams move markets?
“Animal spirits was a term coined by the famous British economist, John Maynard Keynes, to describe how people arrive at financial decisions, including buying and selling securities, in times of economic stress or uncertainty. In Keynes’s 1936 publication, “The General Theory of Employment, Interest, and Money,” he speaks of animal spirits as the human emotions that affect consumer confidence.
Today, animal spirits describe the psychological and emotional factors that drive investors to take action when faced with high levels of volatility in the capital markets. The term comes from the Latin spiritus animalis, which means “the breath that awakens the human mind.” In some ways, Keynes’ insights into human behavior predicted the rise of behavioral economics.”
scaredyclassic
Participantcef is 70 perc gold 30 perc silver i think
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