Sydebolle Posted March 25, 2022 Share Posted March 25, 2022 4 hours ago, brianthainess said: They'll drive you crazy, they'll drive you insane. incidentally on the label of that song it is spelt Whuskey i also believe the B side was called Black Bottomed Girls, by "The Unnatural Seven" . I inherited it from my step grandfather. just saying. The correct title actually reads "Cigareets, Whuskey, and Wild, Wild Women", by Red Ingle. Of poor sound quality but yeah, dating back to 1948, here we go with the original: 1 Link to comment Share on other sites More sharing options...
Lacessit Posted March 25, 2022 Share Posted March 25, 2022 7 hours ago, spidermike007 said: Silver bars and coins. They will appreciate far more than gold, if things collapse to the extent I think they will. Don't know about the timing of it, but I see real estate collapsing by 50-70% worldwide, and the Dow dropping to 5,500. People are talking about a recession. A depression closer to 1929 might be more like it. This balloon has been pushed too far. I am conflicted, as I am holding about 30% of my assets in silver and gold. Paper profit of about 10%. OTOH, I can remember my parents and grandparents talking about the Great Depression. Link to comment Share on other sites More sharing options...
RichardColeman Posted March 25, 2022 Share Posted March 25, 2022 5 hours ago, sammieuk1 said: No safe haven for your cash in a nuclear wasteland other than a mad max car and a big gun ???? I very much doubt the poster will be worried about his investment if that happens 1 Link to comment Share on other sites More sharing options...
TimBKK Posted March 25, 2022 Share Posted March 25, 2022 6 hours ago, spidermike007 said: A friend of mine has been investing in ammunition. Mostly low to medium caliber bullets. He said the prices have risen dramatically, and it is now considered a strong commodity. Amazing. Not so easy here. Nor would it be anywhere near worldwide market value. Bullets as a commodity 555. And if he wants to cash out…dark web? Link to comment Share on other sites More sharing options...
Popular Post allanos Posted March 25, 2022 Popular Post Share Posted March 25, 2022 Silver, although a precious metal, largely falls into the category of being a "commodity", for all of the industrial uses, including solar panels, which it has. If the world plunges into recession, as some predict, the price of silver will go into a tail-spin again. Is cash in a bank truly protected? Look at the "bail-in" which occurred with Cypriot banks a number of years ago, where customers' money over a certain level was seized (and presided over by the Eurozone monetary authorities). It can happen anywhere. The rule-of-thumb that 10% of one's assets should be held in gold remains true. In my humble opinion, a larger percentage should also be held in its modern equivalent, Bitcoin, which is digital gold. Bitcoin and gold are not immune to market corrections; they are strongly correlated to the stock market. But, following an initial tumble in line with shares, will likely hold their values better, and rebound more quickly, and soar to new ATH's when the dust settles. Be aware that central banks are busy inflating your present notional wealth away. Recognise that even the "official" inflation rate of around 7-8% per annum (and only if you are naive enough to believe such official nonsense), is making you pretty well that much poorer every year. Your liquid wealth today will be worth less than half as much in ten years time. You will have nothing, but you will be happy - officially! 2 1 Link to comment Share on other sites More sharing options...
spidermike007 Posted March 25, 2022 Share Posted March 25, 2022 1 hour ago, TimBKK said: Bullets as a commodity 555. And if he wants to cash out…dark web? Very, very liquid from what I hear. High demand. Less supply. Just put out the word and they come running to buy. I am referring to the US, where ammunition is not regulated like plutonium. 1 Link to comment Share on other sites More sharing options...
KannikaP Posted March 25, 2022 Share Posted March 25, 2022 3 hours ago, sawadee1947 said: Buy ETFs In what ? A bit like saying 'buy shares' Link to comment Share on other sites More sharing options...
Popular Post Dante99 Posted March 25, 2022 Popular Post Share Posted March 25, 2022 9 hours ago, spidermike007 said: Yeah, they said that in early 1929, in the summer of 1987, in March of 2000, and again in late 2007. 87, 2000 and 2007 the Dow drop was very much less than you are forecasting. To suggest these years support your view is very misleading if not absurd. 2 1 Link to comment Share on other sites More sharing options...
4MyEgo Posted March 25, 2022 Share Posted March 25, 2022 11 hours ago, wombat said: Buy Gold...traditionally its the only thing that's kept pace with inflation Add to that shares in the minerals and the materials space, last 5 months with these 3 stocks has made me what I usually make in 12 months, happy days ???? Link to comment Share on other sites More sharing options...
Hamus Yaigh Posted March 25, 2022 Share Posted March 25, 2022 Stock markets usually go up when interest rates rise so buy shares in profitable value driven companies. The boring companies like Berkshire will end up higher than any cash left under the mattress. Link to comment Share on other sites More sharing options...
Lucky Bones Posted March 25, 2022 Share Posted March 25, 2022 9 hours ago, shackleton said: 50% of the money in shares UK 25% cash in the bank UK 25% cash bank in Thailand Agreed. A balanced portfolio with easy access. Link to comment Share on other sites More sharing options...
Onerak Posted March 25, 2022 Share Posted March 25, 2022 (edited) 12 hours ago, spidermike007 said: and the Dow dropping to 5,500. Never bet against America. - Warren Buffett. I religiously followed the advice and handsomely rewarded even during the 2008 crisis I did not pull my investment from US market and it was painful and scary initially. Edited March 25, 2022 by Onerak 2 Link to comment Share on other sites More sharing options...
sawadee1947 Posted March 25, 2022 Share Posted March 25, 2022 1 hour ago, KannikaP said: In what ? A bit like saying 'buy shares' Msci world. I thought you would know what ETFs are. Sorry. My mistake. 1 1 Link to comment Share on other sites More sharing options...
olfu Posted March 25, 2022 Share Posted March 25, 2022 Reasonably you have to rely on your own which means have property with big piece of land ready to grow food. Link to comment Share on other sites More sharing options...
KannikaP Posted March 25, 2022 Share Posted March 25, 2022 1 hour ago, sawadee1947 said: Msci world. I thought you would know what ETFs are. Sorry. My mistake. Exchange Traded Funds. Just as volaitile as any other investment 1 Link to comment Share on other sites More sharing options...
natway09 Posted March 25, 2022 Share Posted March 25, 2022 The sixty four dollar question Link to comment Share on other sites More sharing options...
ChrisP24 Posted March 25, 2022 Share Posted March 25, 2022 16 hours ago, Sydebolle said: Cigarettes, whisky and wild, wild women ......... The rest you can just squander..... 2 Link to comment Share on other sites More sharing options...
ourdon Posted March 25, 2022 Share Posted March 25, 2022 Posted 23 hours ago what would you do with your money now in uk, in times of recession, What money??? 1 Link to comment Share on other sites More sharing options...
Kinnock Posted March 25, 2022 Share Posted March 25, 2022 I recommend several different strategies to spread the risk. 1. Some in assets with inherent value - gold, silver. 2. Some in land or property. The value of buying a house or apartment is that it can protect the capital and earn rental revenue. 3. Some in crypto - but not too much as longer term risk is unknown. 4. Some in shares of arms manufacturers - it's a dead cert growth area. There should be a new 'non-ethical' investment portfolio covering armament, gas, oil and nuclear industries. Link to comment Share on other sites More sharing options...
rimmae2 Posted March 26, 2022 Share Posted March 26, 2022 On 3/25/2022 at 7:16 AM, spidermike007 said: Silver bars and coins. They will appreciate far more than gold, if things collapse to the extent I think they will. Don't know about the timing of it, but I see real estate collapsing by 50-70% worldwide, and the Dow dropping to 5,500. People are talking about a recession. A depression closer to 1929 might be more like it. This balloon has been pushed too far. Did you randomly select some numbers and the order of them when writing 5,500? JC of Bangkok or even Thailand. 1 Link to comment Share on other sites More sharing options...
KannikaP Posted March 26, 2022 Share Posted March 26, 2022 12 hours ago, sawadee1947 said: Msci world. I thought you would know what ETFs are. Sorry. My mistake. Exchange Traded Funds. Can be bought in almost anything. MSCI World is the top tech companies. Link to comment Share on other sites More sharing options...
spidermike007 Posted March 26, 2022 Share Posted March 26, 2022 15 hours ago, Dante99 said: 87, 2000 and 2007 the Dow drop was very much less than you are forecasting. To suggest these years support your view is very misleading if not absurd. Correct. The fundamentals were very different, we were not experiencing hyper inflation, rocketing real estate prices, and near record low interest rates at the same time. What goes up must come down. The stock market and the real estate markets correct from time to time. This time it will be massive. Link to comment Share on other sites More sharing options...
EricTh Posted March 26, 2022 Share Posted March 26, 2022 (edited) On 3/25/2022 at 7:16 AM, spidermike007 said: Silver bars and coins. They will appreciate far more than gold, if things collapse to the extent I think they will. Don't know about the timing of it, but I see real estate collapsing by 50-70% worldwide, and the Dow dropping to 5,500. People are talking about a recession. A depression closer to 1929 might be more like it. This balloon has been pushed too far. I have some silver bracelets/necklace but I can't seem to be able to sell it in Thailand. Why is that so if silver is more saleable than gold? Edited March 26, 2022 by EricTh Link to comment Share on other sites More sharing options...
spidermike007 Posted March 26, 2022 Share Posted March 26, 2022 Just now, EricTh said: I have some silver bracelets/necklace but I can't seem to be able to sell it in Thailand. Why is that so? The market for silver here seems to be very narrow. I hear there are dealers in Chinatown in Bangkok? Likely for the jewelry trade. But, not sure if you will get market value. At this time, there is a significant premium over market value in the US, for silver bars and many coins, the demand for silver is that high. Link to comment Share on other sites More sharing options...
Will B Good Posted March 26, 2022 Share Posted March 26, 2022 2 minutes ago, EricTh said: I have some silver bracelets/necklace but I can't seem to be able to sell it in Thailand. Why is that so if silver is more saleable than gold? Horses for courses I guess.....Thai culture is gold, gold, gold. Link to comment Share on other sites More sharing options...
unblocktheplanet Posted March 26, 2022 Share Posted March 26, 2022 On 3/25/2022 at 7:22 AM, Excel said: Cocaine is cheap there too Good investment, or too liquid? Link to comment Share on other sites More sharing options...
Will B Good Posted March 26, 2022 Share Posted March 26, 2022 Just now, unblocktheplanet said: Good investment, or too liquid? Thought it was a powder? 1 Link to comment Share on other sites More sharing options...
Hamus Yaigh Posted March 26, 2022 Share Posted March 26, 2022 (edited) 16 hours ago, Kinnock said: Some in assets with inherent value - gold, silver. What's gold and silvers inherent value? Are they currently undervalued or overvalued? ???? Edited March 26, 2022 by Hamus Yaigh 1 1 Link to comment Share on other sites More sharing options...
Grecian Posted March 26, 2022 Share Posted March 26, 2022 Uk population will continue to grow. Uk citizens will never give up their dream to own. Buy a property in a growing city that has limited roads into the city. (Makes commuting in annoying and therefore helps sustain inner city prices) such as Exeter. Rent out will get a 3% to 4% net yield now. There maybe a correction ahead but if Exeter house prices aren't performing better than average compared to other asset classes in ten years id be surprised. Link to comment Share on other sites More sharing options...
Longreach Posted March 26, 2022 Share Posted March 26, 2022 in a recession bitcoin and its like will be worth zero. people need to buy life essentials, not digital BS. 1 Link to comment Share on other sites More sharing options...
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