The Dollar Completely going digital

[epic is back]

How many shares did you have?  Good call on buying Tesla a year ago.  Fucking stock market is nuts.  So many overpriced companies.  A crash is around the corner.

500 shares


Life is good

[FitnessFrenzy]

500 shares

Life is good

825.000 dollars. Congrats.

What else do you have in your stock portfolio?

[chaos]

Gold/silver/diamonds will all be useless if shit hits the fan. Food/water/toilet paper/life essentials is what people will kill for.

[epic is back]

825.000 dollars. Congrats.

What else do you have in your stock portfolio?

Erickson

Moderna

Nio

Llli  less Leathal

Axon body cams

Nikola

Yes and of course Tesla  the short sellers failed to keep me from buying more and more

100 k investment turned into 800 k

Hello porche 992 carrera !!

[OneMoreRep]

Gold/silver/diamonds will all be useless if shit hits the fan. Food/water/toilet paper/life essentials is what people will kill for.

Let me add sex, alcohol, drugs, entertainment and religions to the list of what people will kill for.

"1"

[El Diablo Blanco]

Erickson

Moderna

Nio

Llli  less Leathal

Axon body cams

Nikola

Yes and of course Tesla  the short sellers failed to keep me from buying more and more

100 k investment turned into 800 k

Hello porche 992 carrera !!

Nice haul man but save your money on overpriced sports cars. Waste of cash. 

[SOMEPARTS]

Let me add to that list sex, alcohol, drugs, entertainment and religions to the list of what people will kill for.

"1"

Yeah, I forgot to mention quality liquor if you have the storage. I'm well stocked on 100 proof bottled in bond whiskeys. 

[SOMEPARTS]

I’m selling all stocks

My Tesla stock went from 250 a share to now 1600 a share In less than a year

Going to pay all debts and keep the cash in a safe

Use it as needed in local stores who still accept it

Buy house in cash

And live free with no money tied up in digital securities

Maybe good rum can be my financial advisor

Plenty of people on here will be saying you're missing out on future gains. 

When you have the cash in your hand and it's enough to unplug for 10+ years - that is a great feeling.

[King Shizzo]

Gold/silver/diamonds will all be useless if shit hits the fan. Food/water/toilet paper/life essentials is what people will kill for.

[Mr Anabolic]

Plenty of people on here will be saying you're missing out on future gains. 

When you have the cash in your hand and it's enough to unplug for 10+ years - that is a great feeling.

But how much will that cash be devalued over those 10+ years?  Will the USD even survive that long?  The days of having $1,000,000 in the bank and living off the interest are long gone.  This is why you can only stay in cash for so long.  You eventually have to buy something tangible that holds it's value.  Wait until the hyperinflation hits.  By what I'm reading here, most of you are totally unprepared for that.  You better have physical gold, silver and/or ammo. 

[Mr Anabolic]

Let me add sex, alcohol, drugs, entertainment and religions to the list of what people will kill for.

"1"

Alcohol is a good thing to have.  I have a few cases of the JD mini bottles. 

Cigs also, but they can stale quickly.  Best to vacuum seal and freeze them if possible.

[OneMoreRep]

Alcohol is a good thing to have.  I have a few cases of the JD mini bottles. 

Cigs also, but they can stale quickly.  Best to vacuum seal and freeze them if possible.

The things I mentioned are valuable during times of Despair for obvious reasons.

If you are happy, what better way to celebrate than to have sex? If you are sad, what better way to forget about your troubles than with sex?

You can replace "sex" with the aforementioned "alcohol, drugs and entertainment" and they would work in an equally effective manner.

The last one, religion, is a very strange one, but certainly a much needed one. For instance, if you are happy in times of despair, many find much resolve in blaming the reason for your happiness to some religious entity. Conversely, if you are sad during times of obvious despair, religion does tend to serve as a source of hope during times were many others would give up.

These are all really different forms of distractions that can take your mind away from harsh realities.

"1"

[Mr Anabolic]

The things I mentioned are valuable during times of Despair for obvious reasons.

If you are happy, what better way to celebrate than to have sex? If you are sad, what better way to forget about your troubles than with sex?

You can replace "sex" with the aforementioned "alcohol, drugs and entertainment" and they would work in an equally effective manner.

The last one, religion, is a very strange one, but certainly a much needed one. For instance, if you are happy in times of despair, many find much resolve in blaming the reason for your happiness to some religious entity. Conversely, if you are sad during times of obvious despair, religion does tend to serve as a source of hope during times were many others would give up.

These are all really different forms of distractions that can take your mind away from harsh realities.

"1"

If something very serious happened that changed life and the world forever (i.e. a nuke war, a real plaque, zombie apocalypse, etc) there would have to be a period of normality before ppl starting to have regular sex again.  Younger gay men would probably bounce back faster than most of us heteros... no joke here.

[pamith]

Nail in the coffin for old people for sure, my generation doesn't like it, and the older generation definitely doesn't.

Last week i saw an old lady (maybe 10 years older than me) having trouble at the Supermarket.

She didn't understand how to pay with a card and the employees didn't help either (all arabs).

She had to scream "HELP ME! I NEED HELP!".

Bro...

[Roast Beef Pecs]

I’m selling all stocks

My Tesla stock went from 250 a share to now 1600 a share In less than a year

Going to pay all debts and keep the cash in a safe

Use it as needed in local stores who still accept it

Buy house in cash

And live free with no money tied up in digital securities

Maybe good rum can be my financial advisor

[epic is back]

Plenty of people on here will be saying you're missing out on future gains. 

When you have the cash in your hand and it's enough to unplug for 10+ years - that is a great feeling.

Well plenty of people don’t live 120 years either

So I’ll take my future now thanks

[epic is back]

Is this guy really that clueless ?

He doesn’t even know what we are talking about I bet ?

[Mayday]

"Temporary safe haven"  lol  - sorry, but PMs are the ONLY safe haven.

Apology accepted but you are not correct. I said in April i was going into crypto over metals because the possibility for far larger gains was worth the risk over the safety of gold. Your gold is up 12%, my crypto is up 60%, my hedge is outperforming yours so no, gold is not the only safe haven.

The irony of your position is you argue like hell against me when there really is no need.

Here it is again for you. You are buying gold as a hedge. Currency is printed and the inflation from that makes your gold worth more.  Your debt is valued the same as it was at the time you borrowed and does not inflate, it devalues. You value your gold in currency and brag it is going up in value making you more wealthy. The very act of printing currency is therefore making you more wealthy as it raises asset prices. The trick is to hedge better so you come out ahead of what it is you want to buy.

Without currency printing your gold value doesn't budge. Are you understanding this better now and agree with me?

They fucked up life as we know it by switching to debt mechanics and usi g that to expand the money supply and hide consumer inflation. My hope is they pull the debt availability way back, let our kids have a chance.

[Moontrane]

Oh ya. I do drywall, paint, and plaster but don't do much work in the country town I live in. The onion skin layers of botchery I see locally are the result of Cousin Billy and his work for beer policy.

I just tell people I'm a real tradesman who delivers real work for real money. Got a string of builders lining up jobs for me for the next 4 months so I don't find homeowners who want a cash discount worthwhile.

It's nothing but a red flag. They're going to direct you to do the schlockiest pennypinching version of things. Its bizarro world. I'm making the case for doing it properly, and the owner wants it shitty. Why hire someone experienced if you're going to ignore his advice? One local painting job, the guy told me to skip the primer on outdoor, in the rain millwork. No. Another one told me to leave the insulation out of the quote because it doesn't do anything. Bye. Best one I ever saw tho was years ago. A guy wanted me to tape and finish a wall which he had hung. When I got there I find he had used scraps of drywall, no shit some were 6", sticking out at all angles and flapping in the breeze, gaps all over the place, great globs of liquid nails everywhere and screws that go into nothing. He must have spent days putting this Satans Jigsaw Puzzle together when new sheets would have cost like $40. I told him I can't do anything with this and he gets offended and says "I thought you were a good tradesman." 

Ya, I've seen some shit. Loonies. Hoarders. Drunks and drug abusers. Drug dealers who couldn't believe I didn't want meth as payment. Dog shit in the house. Cat shit in the house. Vicious dogs. Neglected dogs.  The daughter subathing buck naked outside the glass door of the room I'm clearly working in. Can I loan him money so he could pay the builder so that the builder could pay me. The Chinese fat man who really, really wanted me to accept use of his whores in between the partitions I constructed instead of actual payment. Wives whose husbands are "useless." Husbands who could do it but don't have the time and is that enough screws and is it too late for an electrician to put another light in? "We're selling the place anyway so we don't want to spend anything on it." The intellectually dispossessed. The socially inept. The hygenically challenged.

The most beautiful thing about a building site is that no one lives there.

I'm only 47. Think it's too late to study hard?

I've heard that there is the occasional jogger, though.

[Irongrip400]

Gold/silver/diamonds will all be useless if shit hits the fan. Food/water/toilet paper/life essentials is what people will kill for.

Lead and brass are the only metals you’ll need. And don’t trade them, just spend them.

[Roast Beef Pecs]

Is this guy really that clueless ?

He doesn’t even know what we are talking about I bet ?

You're an ass-hat. And a fucking moron.

[Mr Anabolic]

Apology accepted but you are not correct. I said in April i was going into crypto over metals because the possibility for far larger gains was worth the risk over the safety of gold. Your gold is up 12%, my crypto is up 60%, my hedge is outperforming yours so no, gold is not the only safe haven.

The irony of your position is you argue like hell against me when there really is no need.

Here it is again for you. You are buying gold as a hedge. Currency is printed and the inflation from that makes your gold worth more.  Your debt is valued the same as it was at the time you borrowed and does not inflate, it devalues. You value your gold in currency and brag it is going up in value making you more wealthy. The very act of printing currency is therefore making you more wealthy as it raises asset prices. The trick is to hedge better so you come out ahead of what it is you want to buy.

Without currency printing your gold value doesn't budge. Are you understanding this better now and agree with me? PMs are the O

They fucked up life as we know it by switching to debt mechanics and usi g that to expand the money supply and hide consumer inflation. My hope is they pull the debt availability way back, let our kids have a chance.

I made no apology.  Now you're sounding like a sociopath. 

Regardless of what you think or post here... physical PMs are the ONLY tangible safe haven without any of the counterparty risks.  I do not brag, I simply state facts.  You want to call PMs a hedge... fine.  My hedge is working very well.  Which is the main point.  You've been arguing against that for the last 3-4 pages. 

Notice what I bolded.  The inflation created by this is making ppl poor, especially the ones who do not have PMs, market exposure or a 401k.  I already explained this earlier in this thread. 

Blipcoins are digital vaporware.  Electrons floating in cyberspace.  Not tangible.  Just a trading instrument.  The stock market is basically the same thing.  The power goes off, internet goes down, bye bye blipcoins.

[Mayday]

You want to call PMs a hedge... fine.  My hedge is working very well.  Which is the main point.  You've been arguing against that for the last 3-4 pages.

Blipcoins are digital vaporware.  Electrons floating in cyberspace.  Not tangible.  Just a trading instrument.  The power goes off, internet goes down, good luck.

Huh? So you are saying metals aren't a hedge for you personally despite you valuing them in currency in order to measure their worth? Now you sound really confused.

Using metals is a hedge, i haven't said otherwise. Merely that my hedge is outperforming yours, quadruple yours in this short period. Crypto is black market and speculation. It might become a hedge in the coming decade and that is what i am taking the risk on. Gold will do well, i said that before and you agree with me (clearly) so lets put that aside as i told you i played with silver in 2011. I'm not against metals at all.

You sound like a prepper. That's fine, but be more open about it and say you are planning to the total collapse of society and laws, apparently you think we will have no electricity and no internet. That's pretty far out there dude.

Meanwhile i am planning for a very tough property market which is what will bury 90% of average people, followed by currency devaluation, monetisation of debt and reflation.

Now, what are the odds of your scenario vs mine?

[chaos]

you are planning to the total collapse of society and laws, apparently you think we will have no electricity and no internet. That's pretty far out there dude.

Not as far as you might think.

[OneMoreRep]

Anabolic + Mayday,

What difference does the actual vehicles you both use to hedge your risks are? The important point is that you are BOTH hedging your risk with some vehicle to reduce the financial repercussion of a tanking currency and economy. Whether either of your chosen vehicles prove viable is anyone's guess.

At least you are both trying to soften the potential blow of the likely economic crash we will have. That's 100% better than those that fail to diversify their wealth and instead sit there paycheck to paycheck living by way of their hopes and dreams.

Don't you both agree? Potato vs Potatoe here..

"1"