PowerX Strategy "PowerZ"

[BambinoFlex]

Maybe someone smarter than me can give me a scenario in which the dollar does not crash:

either they keep interest rates high and debt spirals out of control or we lower interest rates to 0.75% and send the price of commodities to the moon.

Thoughts?

Sorry, me no smart

[IgazI]

Maybe someone smarter than me can give me a scenario in which the dollar does not crash:

either they keep interest rates high and debt spirals out of control or we lower interest rates to 0.75% and send the price of commodities to the moon.

Thoughts?

Sorry, me no smart

I'm in the same boat; my friends are laughing at me for buying physical metals.

If you're just trying to make money, then obviously the best play is to trade paper contracts. . .
on the other hand, we find ourselves in a unique situation in which paper might not be worth anything in the next 7 to 12 months.

What do you do? I don't know.

Personally, I'm just investing in physical goods, and leaving the paper to the more adventurous.

[BambinoFlex]

Maybe someone smarter than me can give me a scenario in which the dollar does not crash:

either they keep interest rates high and debt spirals out of control or we lower interest rates to 0.75% and send the price of commodities to the moon.

Thoughts?

Sorry, me no smart

I'm in the same boat; my friends are laughing at me for buying physical metals.

If you're just trying to make money, then obviously the best play is to trade paper contracts. . .
on the other hand, we find ourselves in a unique situation in which paper might not be worth anything in the next 7 to 12 months.

What do you do? I don't know.

Personally, I'm just investing in physical goods, and leaving the paper to the more adventurous.

We’ll find a way to over come. Maybe it’s the end of the world, at that point, I wouldn’t be too concerned about money.

Biblically, I would assume the dollar vanishes. Maybe even the US of A

[kiwiarian]

Sorry, me no smart

I'm in the same boat; my friends are laughing at me for buying physical metals.

If you're just trying to make money, then obviously the best play is to trade paper contracts. . .
on the other hand, we find ourselves in a unique situation in which paper might not be worth anything in the next 7 to 12 months.

What do you do? I don't know.

Personally, I'm just investing in physical goods, and leaving the paper to the more adventurous.

We’ll find a way to over come. Maybe it’s the end of the world, at that point, I wouldn’t be too concerned about money.

Biblically, I would assume the dollar vanishes. Maybe even the US of A

There a spare section near my place for sale if you guys need to exit quickly

[aliassmith]

Maybe someone smarter than me can give me a scenario in which the dollar does not crash:

either they keep interest rates high and debt spirals out of control or we lower interest rates to 0.75% and send the price of commodities to the moon.

Thoughts?

dxy.png

Be fiscally irresponsible as a government and increase taxes. That should do it.

[bb01100100]

I read this, which I think aligns with what is being discussed here:
https://www.zerohedge.com/markets/dolla ... nce-eroded

If I understand the message, it's that central banks are being influenced more by government fiscal policy than previously, which means their mandate to maintain a certain level of inflation will be challenged as they are brought into line with current government "needs".. therefore fiat currencies will lose "value", with the US dollar looking particularly overvalued.

After the structural changes and various central bank balance sheet operations arising from the 2008+ crises, I don't really understand this stuff any more...

Something that has stuck with me since 2008: it always lasts longer than anyone expects... massive opportunities in remembering that.

[IgazI]

I read this, which I think aligns with what is being discussed here:
https://www.zerohedge.com/markets/dolla ... nce-eroded

If I understand the message, it's that central banks are being influenced more by government fiscal policy than previously, which means their mandate to maintain a certain level of inflation will be challenged as they are brought into line with current government "needs".. therefore fiat currencies will lose "value", with the US dollar looking particularly overvalued.

After the structural changes and various central bank balance sheet operations arising from the 2008+ crises, I don't really understand this stuff any more...

Something that has stuck with me since 2008: it always lasts longer than anyone expects... massive opportunities in remembering that.

A few years ago, I told my grandmother than I am pretty sure that seniors are the ones who are going to be paying off the national debt

Bare minimum, they need to end this currency and create a new digital currency. . .
and who knows what the exchange rate is going to be.

[IgazI]

I purchased 10 bags of "end of days silver bars":

I'm good on silver, but I keep buying more silver WTH!

I'm going to focus only on gold and platinum from here on out

EOD_SILVER.png (58.58 KiB) Viewed 1716 times

[IgazI]

The silver metals are killing it

I got a lot of sideways looks for investing in platinum, but I think that it is the best store of value currently.

platty_glowUP.png (34.29 KiB) Viewed 1671 times

[IgazI]

The '2000-zero-zero party over with outta time' support level

Better go shopping

2K_00_POWOT.png (26.44 KiB) Viewed 1658 times