Financial topics

Investments, gold, currencies, surviving after a financial meltdown
vincecate
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Re: Financial topics

Post by vincecate »

Hey Aedens, it seems to me that you are trying to pass the touring test. With the volume of stuff that you post you really should make your own blog. If you could get subscribers that would probably be good evidence of passing the test.
aedens
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Re: Financial topics

Post by aedens »

vincecate wrote:Hey Aedens, it seems to me that you are trying to pass the touring test. With the volume of stuff that you post you really should make your own blog. If you could get subscribers that would probably be good evidence of passing the test.
http://realinvestmentadvice.com/wp-cont ... 022616.png
The times does not excuse the condition. Sun Feb 28, 2016 2:48 pm

I will heed your conviction.

As I have posted prior, I was living in Albania in 97 when the ponzis failed and 40+ years of totalitarian dictatorship had left the population without options.

It was not pretty. I witnessed things that still wake me up at night 20 years later. I am by no means an expert, I was just there when an event happened in a country of about 2 million and the size of Maryland.
I could go on about the carnage, the fear and my ultimate evacuation by the Marines.... But I won't. I would just like to share one story.
A family I got to know had sold most everything prior to the communist takeover in the late 40's. They bought gold and burried it prior to the nationalization of everything. For 40 plus years they left that gold in the ground and told no one. About 3 years before my arrival when things became "democratic" they dug it up and opened a grain mill to make flour. They were the most successful family I met during my time there that did it honestly. My point being that the 25 year old me learned about staking and the long game. Societal collapse is a time to circle the wagons and lay low waiting for things to settle.... And that might take decades but at that point it's about survival and the long game. The title of this article is "the stupid things people do when....." What about the smart things people do? Thinking not about themselves but the legacy of their family in future generations. The folks that burried that gold never got a chance to see it, but their grandkids did. Stack, lay low, survive and hope to come out on the other side once the dust settles.

Proverbs 13:22 (ASV) A good man leaveth an inheritance to his children's children; And the wealth of the sinner is laid up for the righteous.

Take care.
MarvyGuy
Posts: 157
Joined: Sat Sep 05, 2015 5:33 pm

Re: Financial topics

Post by MarvyGuy »

vincecate wrote:Hey Aedens, it seems to me that you are trying to pass the touring test. With the volume of stuff that you post you really should make your own blog. If you could get subscribers that would probably be good evidence of passing the test.
Exactly the point I made some posts back when John raised a question. You have to keep up with ZH if you want to follow, esp. in the posts where he is taking some recent comments. Still lots of good info. and an amazing range all in one little package. If you compare this vs ZH you get a lot better info here. Perhaps ZH 6-8 yrs ago was different but today everything is a joke so not at all helpful and takes too much time to weed out good comments from many bad ones.

I asked Aedens if he knows Japanese and he said no - so this means not IBM Watson. He also did not have good answer for Cancer, so again, not Watson.

Got an email from a Nigerian prince who asked me to buy into this Tulip Trend Fund. Sounds like a real good opportunity.

//regedit
//nexttopic
//run script.7.bin "nexttopic"

So on to next topic. Thanks to healthy reading of Aedens, AnnB, ZH and Francis Chan I was able to write a nice reply to some friends worried about Hannity/Rubio/DJT etc etc. They may never talk to me again but least I was prepared to defend my points.

! Jn 3.16-18 Quo Vadis
MarvyGuy
Posts: 157
Joined: Sat Sep 05, 2015 5:33 pm

Re: Financial topics

Post by MarvyGuy »

Anyway forget all that. Aedens what is your opinion on the flat earth part of this post? Inquiring minds want to know!

http://www.zerohedge.com/news/2016-03-0 ... -horseshit
MarvyGuy
Posts: 157
Joined: Sat Sep 05, 2015 5:33 pm

Re: Financial topics

Post by MarvyGuy »

So here's where we are:
Treasuries are in short supply.... and the Fed is already scheduled to take down 50+% of all new issuance this year
Cash is in short supply .... as evidenced by claims from EM countries
Gold is in short supply .... as evidenced by BlackRock's suspension of shares.

Now that, folks, is neither an indicator of a bustling economy (4.9% unemployment... sure.) or risk taking incarnate, particularly in the face on increasingly negative interest rates, globally.
Choose your medicine
Carefully [knucks ZH}
aedens
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Joined: Tue Nov 04, 2008 4:13 pm

Re: Financial topics

Post by aedens »

https://www.youtube.com/watch?v=3vakiPmnDWk

what is the wine of the desert brothers

The unprotected came to think they owed the establishment—another word for the protected—nothing, no particular loyalty, no old allegiance.
http://www.peggynoonan.com/

The children have corrupted themselves.

Matthew 24:12 And because iniquity shall abound, the love of many shall wax cold.

Seek his wisdom.

http://gdxforum.com/forum/search.php?ke ... sf=msgonly as noted

So Jacob said to his household and to all who were with him, "Get rid of the foreign gods you have with you, and purify yourselves and change your clothes.

Truth no matter how painful is from who told you that was true.
vincecate
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Re: Financial topics

Post by vincecate »

MarvyGuy wrote: Exactly the point I made some posts back when John raised a question.
It seems clear from his response that there is no real understanding there. Interesting times.
MarvyGuy
Posts: 157
Joined: Sat Sep 05, 2015 5:33 pm

Re: Financial topics

Post by MarvyGuy »

vincecate wrote:It seems clear from his response that there is no real understanding there. Interesting times.
From John or Aedens? John was just commenting on our back/forth where I was trying to out cryptic Mr cryptic which I have really enjoyed.

For the rest you must do your homework or you won't understand any of the references. From the Financial to Philosophic to Spiritual I have learned quite a lot here. More so than at other sites I have been reading for quite some time. As I noted earlier this is become my most favorite spot. I feel sorry for Aedens as OLD and Higg are no longer posting and they could provide a more intelligent response to financial than I can (as I miss Nooneimportant who had some of the best posts for events - you could tell that guy had some very profound experiences).

Financial is not my training nor bent of mind so I am way behind the forced march there and am back with the camp wives and baggage train as we go to fight out last battle for Caesar. Go back to 2009 vincecate and you might , as I have done, read some things that will make you wish you had read them back in 2009 and not in 2016.
MarvyGuy
Posts: 157
Joined: Sat Sep 05, 2015 5:33 pm

Re: Financial topics

Post by MarvyGuy »

aedens wrote:The unprotected came to think they owed the establishment—another word for the protected—nothing, no particular loyalty, no old allegiance.
Well that was the best explanation of what is going on that I have ever read - John should really quote it since it explains reactions in US and EU. I think not so much in RUS since they must feel Vlad is with them even if he is not. Heck there are times I wish I was in RUS - at least it seems there will be no controlled collapse as is coming for US/EU since they have had their revolution already and Vlad seems a guy who has no problem rolling tanks up to the barbed wire.

Anyway I digress, so I no longer read such as mostly is not interesting since all can be divined via AnnB axiom but have to thank you for that one as is perfect explanation. I have colleagues who badger me constantly about DJT and tell me to vote for HRC.. I got one of them alone recently and explained PP and selling of human organs - the most evil imaginable - and he had no idea this was going on. Then I said HRC is supporting (recently writing checks to) PP. These people do not know or care. I tell them to turn off FR24 and search for themselves what is going on.

HonestAnn//One of the best posts on ZH in recent times//
The truth is, both could learn a bit from the other, and certainly both could learn from the other. To be sure, realists have a very difficult time predicting how soon the inevitable disaster they see will happen... they almost always predict the disasters will arrive sooner than they do, and end up looking stupid in the process (when in fact, what makes them do this is often the implicit, subconscious knowledge that "we need to take protective actions before disasters, or we'll be screwed".

Unfortunately, it doesn't appear those with short term outlooks will ever learn the necessary lessons that realists know so well. That actions have consequences, and always considering consequences before taking actions and being generally responsible leads to vastly superior results... in the long run. But realists should be able to learn the opposite lesson, that many causes jiggle reality around in the short and intermediate term, that profits can be made in those terms too, and that short-term types can indeed realize gains in these times, sometimes even betting short-term against certain results.

At the very least, both should try to understand the fundamentally different perspective of their "adversaries", both the different time frames, and the focus-on or discounting-of cause-and-effect.

http://www.zerohedge.com/news/2016-03-0 ... er-already
John
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Re: Financial topics

Post by John »

MarvyGuy wrote: > For the rest you must do your homework or you won't understand any
> of the references.
The way I think of it is that you and aedens are sharing a
cryptophasia language, and I'm going to depend on you to provide a
simultaneous real-time translation, if you care to provide one.
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