Re: Investments

Posted by Rich_WI on January 02, 2014 at 19:17:37 from (50.50.82.205):

In Reply to: Investments posted by MarkB_MI on January 02, 2014 at 02:31:40:

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Nope, no nerve struck here. You should not make the mistake that you did though, thinking you struck a nerve when I was simply pointing out your inability to understand a fairly simple concept like precious metal ownership and how it relates to investing. As I stated, your point was majorly flawed, lacking facts and comprehension of the topic at hand (which is really funny because YOU picked the topic, maybe next week we will talk about irony). But thats OK, you can come on here and show us how little you know about a topic any time you want, I just reserve the right to poke holes in it.

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Sorry Mark, Its not "my BS", what we are talking here is standard economic principles. This is how all the leading people in the field think and if you dont get that and want to swim against the current, thats fine but you have to understand that you are not only a minority but a minority by a large margin. Thats OK though, its your money and if you dont want to understand how basic economics work, its no skin off my nose. Just dont come crying when you get Enroned or Madoffed, I see that too often, people crying on TV after they insist they know what they are doing and how things work and they end up busted.

Rationalizing and mistakes.... Oh boy, where do I begin? OK, I will just set you straight. While I am not perfect, I dont feel I made any mistakes in 2013 and as such I have nothing to rationalize (unlike you, thus, this thread). "But, but, but, how can Rich say that?" Simple, because of your inability to understand a simple concept and because I posted and set you straight, you came to the incorrect conclusion that I am a goldbug. I am not, pure and simple. I do, however, fully understand why people are deciding to park money in gold (which is a different action than being a goldbug, but you dont understand that yet). Keep in mind, I dont have to agree with peoples decision to be a goldbug or their timing on when to park money but if everybody thought alike, there wouldnt be much money to be made, now would there? Oh, sorry, you dont understand that concept yet either. But don’t make yourself look further the fool by trying to say Im rationalizing or making mistakes, you have no clue my worth and have no idea what moves I made this year (or any year for that matter).

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See, again you are proving you have no idea what you are talking about, gold is so much more than that, clearly beyond what you understand. Nobody ever said it would hold value to an equal number of FRN…. forever. That’s how you prove you have no idea what you are talking about because I thought everybody, but in truth, everybody but you understood that gold has had its value change over time, but it is still considered rock stable as far as value. Somebody like you that don’t understand gold or its value would start arguing that it don’t have stable value because you bought a gold ring in the mall for $400 and could only sell it for $14.72 when they walked a mile down the road to the pawn shop. While everybody else seems to understand, you are still lacking…. Does that change the fact that gold has a stable value? No, not hardly, because gold could care less that you don’t understand. Gold is a good parking spot for money because IT IS bedrock stable.... when you look at history. Some people played with it for value but that don’t mean it was anything other than it has been since the beginning of time, simply gold. Look at history, gold holds its value quite well, if you dont understand that then you are again showing an inability to read a graph or have an inability to understand it. Remember, millions, no BILLIONS of people wouldnt have used gold as a parking spot of wealth if it didnt work. If you think it doesnt work and it doesnt hold its value, than you have a lot of people to convince differently. And dont forget to build a time machine so you can travel back thousands of years. All I can say is, you got your work cut out for yourself.... unfortunately, I don’t think you understand that either.

Oh, and 2% inflation? I already covered that and since you posted the same outrageous claim again, I will just state that you must be 2 people....

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Dissuade me? DISSUADE ME? Listen Mark, the only way, and I mean the ONLY way at this point you could dissuade me on anything would be to try to convince me. Thats how little I think you understand what you are talking about. You could probably talk me out of breathing if you told me what a great idea it was. I believe you had a couple good stock years (and hey, who didnt, I made a killing too, knock on wood). I believe you read a few blogs and forums, heavily prepper slanted and made a mistake in thinking that your stock choices was all that and a bag of chips. Then the precious metals market bounced around a little (and I do mean a little when you look at the big picture) and you got all smug. Tie that in with the gun market finally showing signs of stabilizing in a post Obummer scare and you are thinking you are the Warren Buffet of the tractor talk world. *SNAP* *SNAP* Wake up Mark. The problem is, you simply dont understand what you are talking about. Not only is everything you are saying proof of that, you outright admitted it!

I do wish you luck though, because clearly, you will need it.

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• Re: Investments bobbyboywestcentIN 19:52:44 01/02/14 (0)

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