Did I ever mention that the gold price is currently $1780.00, Im...

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makingmoneystill

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24/06/20

23:48

Post #: 45433743
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Originally posted by mikeyjon ↑

I have never professed to being the sharpest tool in the shed or the wisest sage in the monastery so I have relied on my nasal sensory organs for sniffing out bullshit to get me through the daily rigours of a western democracy . My time on this planet allows me to see things through a lived experience and not an ignorant perceived one . So to get to the point things are getting pretty smelly out there , it just doesn't add up .

The Dow is running on life support from the Fed and Robin Hood , who in their right mind invests in companies that are insolvent or dying the death by a thousand cuts ,

The NASDAQ is government supported companies involved in control and disinformation programmes to manipulate the public or pie in the sky startups selling tulips.

The S&P is a hungry monster of monopolies devouring competition .

Yet the money just keeps pouring into these indices and where does the money come from , the middle class just trying to find a decent yield on their savings or pension and super funds playing craps at the casino . So what are the real people with wealth doing , holding cash or precious metals .

I know lot of you guys use your SMSF to trade and buy PM's , if retirement is near I don't foresee to many issues but in the long term say 20 or 30 years down the track who knows what could happen with massive government debt now at $1trillion and a change in government policy what taxes might be in the future , a huge piggy bank to plunder . What you need to do is access your current profits from your SMSF pay the tax and stash the rest (shiny stuff ) in a little metal box in the basement .

We all know what the real story is , massive worldwide unemployment , massive job cuts , record bankruptcies , anarchy and lunatic fringe cultists blanketing the media . Kudos to you guys and especially you younger ones who are preserving your wealth in these strange times , be it a cyclical historical event or an orchestrated move by the cronies who crave power .

Hold that gold .

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Did I ever mention that the gold price is currently $1780.00,

Im sure i did,

Sniff sniff sniff, Gees i can smell something,

I thought I burnt my toast,

But then I realised, that the smell is coming from somewhere over the rainbow,

Pppppppppphew, man can you smell those shorts burning,

I think the devil just got roasted,

Hahahaha,

Burn baby burn,
4 Upvote

0 Great analysis

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