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[–] viperguy 0 points 11 points (+11|-0) ago  (edited ago)

People that said to dump USD for other stuff a few years ago are CRYING this week!

You would have lost your ass watching gold (when measured in USD) plummet from 1800 to 1206 !

This week the dollar is at an 8 year high against all other currencies.

Gold, Silver, Corn, Wheat, ALL METALS, cheese, etc are now again about the SAME PRICE as august 2010, eight years ago.

The USA MAY BE IN DEBT, but betting against it will ruin you.

By the way, no one sits on dollars. If you sit on currency, you are a non existent irrelevant investor. You put money into SOMETHING : gold ETF, stocks, bonds, etc.

Kim dot com needs to predict WHEN the crash he speaks of is coming.

It will NOT HAPPEN while trump is busy making america great again.

It will happen if america prints far too much money, but gdp % debt ratio (debt-to-GDP) can handle one large war with iran, or a fifth of a war with china, and not be too big a burden.

The United States had a debt-to-GDP ratio of 104.17 percent in 2015 and 105.4 percent in 2017, according to the U.S. Bureau of Public Debt.

The U.S. experienced its highest debt-to-GDP ratio in 1946 at 121.7 percent at the end of World War II

The average debt-to-GDP ratio among Organisation for Economic Co-operation and Development (OECD) countries in 2015 was expected to be 111.2 percent. A number of countries had a debt-to-GDP ratio in 2015 that was more than 100 percent, including Belgium at 105.4 percent, France at 116.1 percent, Greece at 188.2 percent, Ireland at 132 percent, Italy at 147.4 percent, Japan at 232.5 percent, Portugal at 142.2 percent, Spain at 111.5 percent and the United Kingdom at 103.1 percent.

That guy is a buffoon, angry that his bitcoins went from $19,000 down to $6500!

That guy is a buffoon, angry that non USD concurrences wen far lower in the last few years. He should have bought Apple stock not gold.

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[–] Shilly_Mc_Shillface 1 point 4 points (+5|-1) ago 

You may make all the right trades, but if it's still in your account, it's not yours. Try to make big withdrawal today. You won't be able to when time comes.

There is no "quality" to flight to. Real estate ? Bonds? You may mock me, but shekels may be your safest bet. Can't beat 'em, then join ' em.

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[–] andrew_jackson 1 point 0 points (+1|-1) ago 

Papers, please!

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[–] vastrightwing 0 points 3 points (+3|-0) ago 

One thing few people realize is we are junior creditors. When a bank fails, we lose our money. We become bank share holders. Banks and government can make our money instantly unavailable. Ask the Indians what Modi did a short time back. It can happen here too. Remember Cyprus? Also, look at how much Federal reserve notes have declined since 1913. Over 97%. Think about that.

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[–] fluhthreeex ago 

I'd say it'd be great if we'd get rid of usernames, but you're identifiable even by your comments. Each one--it's like you think you're writing a BuzzFeed article. You even put a bait-y headline in them too.

I look forward to next week when you'll be telling me how to turn back time 50 years and re-gain the vitality I had in my 20's.

This week the dollar is at an 8 year high against all other currencies.

No. One example is the Ruble. Check the 5-year graph here or anywhere else: google - https://www.google.com/search?num=100&hl=en&ei=YOZxW-GkGYOn8QWp3JPgDg&q=usd+to+russian+ruble

If someone held USD and put it in Rubles, no they would not be crying. Interest rates in Russia are also very high, so if they were lending their money out they'd be making off like Soros with his Fellow Jews gold during WWII.

I'm not even going to bother checking the rest of your post. The first few sentences were so easy to spot holes in there's no point.

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[–] viperguy 0 points 2 points (+2|-0) ago  (edited ago)

LIAR!!! USD is at 8 year high to Russian Ruble

THE RUSSIAN RUBLE COLLAPSED HORRIBLY (HALF VALUE) SINCE 2014 !!!!

It was 33 rubles to buy ONE us dollar July 2104 !!

If you bought Rubles you would half HALF AS MUCH MONEY this week in US Dollars because ...

Rubles this week are 67.7416 Rubles to buy ONE US DOLLAR!

33 / 67.7416 = 0.4871 !

YOU ARE SO WRONG!!! YOU WOULD HAVE LOST HALF YOUR MONEY if you idiotically switched to rubles in 2014 !!!!

Or worse in 2013, Or worse still in 2010, 2011, or 2012 !!!!!!

HAHAHAHAHAHAHAHAH

The us dollar because of Trump is at a 8 year high against almost EVERYTHING ON EARTH!

You (fluhthreeex) are a <100 CCP shill account dropping the IQ participation here with your uneducated low IQ grasp of math !

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[–] Hand_of_Node ago 

so if they were lending their money out they'd be making off like Soros with his Fellow Jews gold during WWII.

The basis for that "Cashbery" investment scheme that made the 'videoblogger' Real Russia a recently new millionaire? Have subbed to his youtube channel documenting 'the real Russia' for years, and he's suddenly become rich with this scammy sounding investment company.

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[–] prairie ago 

So you're saying that if I sat on gold since 2010, I'd still reliably have what I put into it? Insurance isn't free, and it's too late if you try to buy after you needed it.

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[–] viperguy ago 

I mean, that the dollar is so astoundingly powerful , that inflation stopped for many commodities over the last 8 years.

But if 8 years ago you sold your gold and risked it in almost any stock , you would be far richer 8 years later, such as Apple :

https://finance.yahoo.com/chart/AAPL

Hit "5Y" on chart to show Apple stock 'aapl' 5 years ago, you could have tripled your money in 5 years (plus got dividends).

You could have easily made TWENTY times your money in 10 years if you bought apple stock ! :

https://www.macrotrends.net/stocks/charts/AAPL/apple/stock-price-history

look at that !! 10.88 dollars for apple in December 2008, less than 10 years later Apple stock skyrocketed to 210.95 (today)

210.95 / 10.88 = 19.388 times more money !

gold is what you buy if you want to buy no stocks, no bond, no real estate and just wait. normally you wait for only half a year. Otherwise you miss out on making 20 times more money in just 10 years.

If you know almost for sure a stock is going up (or down) there are way to make special bets to make 1,000 times your money in one year.