2 minutes ago, dinga said:

For goodness sake - PURCHASING POWER is the aim - NOT fiat value (take at burton at the extremes of Weimar Germany, Turkey or Zimbabwe if you remain fixated on Capital "Value" and Dividends.   Look at the AUD purchasing power over that period VS Gold (in AUD - FX movements also important as the USD has very likely greatly strengthened since 1996).  Purchasing Power is the real thing that matters - not the smoke & mirrors of Fiat measures...

. 

Zero yield = zero purchasing power.

 

Gold after storage costs is a loser.

 

Thats why Buffet doesnt buy it. Its a dud unless you buy the lows.

 

 

8 minutes ago, Sparktrader said:

So what? Buy the dips. Hold for 10,20 years.

 

 

Where can I buy a dip from ?

Aud is 24.5 baht.

 

86k a year dividends from my example is 175,500 baht a month to live off.

 

Gold income zero. Storage costs.

 

175,500 vs net fees

 

Why would you buy gold????

 

Makes no sense unless you think gold will double in price next few years.

4 minutes ago, Mac Mickmanus said:

Where can I buy a dip from ?

Tesco

Inflammatory posts and a reply has been removed. Please keep it civil. 

Btc back to 200 ma soon. Buyers will come in.

Gold weak. Support at 1800.

3 minutes ago, Sparktrader said:

Btc back to 200 ma soon. Buyers will come in.

How much are you hold at the moment? Or did you get out on top, and waiting to buy? 

14 minutes ago, Sparktrader said:

Aud is 24.5 baht.

 

86k a year dividends from my example is 175,500 baht a month to live off.

 

Gold income zero. Storage costs.

 

175,500 vs net fees

 

Why would you buy gold????

 

Makes no sense unless you think gold will double in price next few years.

I have no expectation for you, but others may find this helpful:

 

https://www.asgoodasgoldaus.com.au/blog/australias-dollar-has-collapsed-76-in-21-years/

2 minutes ago, dinga said:

I have no expectation for you, but others may find this helpful:

 

https://www.asgoodasgoldaus.com.au/blog/australias-dollar-has-collapsed-76-in-21-years/

All fiats go down due to inflation.

 

Once again, U.S. stocks beat both U.S. bonds and gold. From March 1990 through March 2021, the S&P 500 gained 10.4% on an annualized basis with dividends reinvested. The 10-year Treasury note delivered an annualized return of 4.6%. Gold, meanwhile, generated an annualized return of 5.2%.

 

 

17 minutes ago, Sparktrader said:

Aud is 24.5 baht.

 

86k a year dividends from my example is 175,500 baht a month to live off.

 

Gold income zero. Storage costs.

 

175,500 vs net fees

 

Why would you buy gold????

 

Makes no sense unless you think gold will double in price next few years.

BHP yields were 3 % last year , although they are 11 % now, the future yield isn't known, could be back down to 3 % next year

1 minute ago, Mac Mickmanus said:

BHP yields were 3 % last year , although they are 11 % now, the future yield isn't known, could be back down to 3 % next year

So the average is 7% or so.

 

Gold yield zero.

 

 

The Central bankers have declared war on crypto currencies to make way for central bank digital cash.

 

  Christine Lagarde a member of the board of directors of the World Economic Forum and the head of the European Central Bank recently said cryptocurrency is worth nothing and based on nothing.

 

This reminds me of the dotcom crash of 2000 where most companies failed and month after month of declines.  It showed the value of having a proveable revenue stream with profits, saleable assets or big deep pockets angel investors.  

1 minute ago, Sparktrader said:

So the average is 7% or so.

 

Gold yield zero.

 

 

I give up (you don't want to understand/acknowledge Purchasing Power)

The Ponzi's are falling apart, Luna, Celsius, now Binance is even freezing withdrawals

Crypto bros are about to find out what SIPC and FDIC insurance is and why fiat currencies backed by the government means something ???? 

I had 10 billion in unrealized profits.  My firm won't let me sell!!!  Says market conditions!!!

 

Oh, wait, Bitcoin just hit $5.   Now they say I can sell.

 

Fun game for all.....thanks for playing in the biggest scam since NFT's (2022) and the biggest scam before that was 2021.  Don't worry, next year it will be buying property on the moon. Then buying houses in the meta will be selling for 1 million real dollars to live in a SIM community.  lol.  

Just now, dinga said:

I give up (you don't want to understand/acknowledge Purchasing Power)

You are wrong though. Gold has no purchasing power. You have to sell it and get fiat to buy something.

 

If gold goes up 5.2% a year on average and inflation is 3% on average gain is 2.2%.

 

Shares go up 10.4% a year on average less 3% is 7.4%.

 

Shares 7.4% 

Gold 2.2%

Cash would be negative

 

Shares beat gold 3 to 1.

 

1 minute ago, Iamfalang said:

I had 10 billion in unrealized profits.  My firm won't let me sell!!!  Says market conditions!!!

 

Oh, wait, Bitcoin just hit $5.   Now they say I can sell.

 

Fun game for all.....thanks for playing in the biggest scam since NFT's (2022) and the biggest scam before that was 2021.  Don't worry, next year it will be buying property on the moon. Then buying houses in the meta will be selling for 1 million real dollars to live in a SIM community.  lol.  

Time to buy when people panic

4 minutes ago, dinga said:

I give up (you don't want to understand/acknowledge Purchasing Power)

Oh - BTW, studies suggest that a Portfolio holding 20% Gold is the investment sweet spot (NOT 100%)

Just now, dinga said:

Oh - BTW, studies suggest that a Portfolio holding 20% Gold is the investment sweet spot (NOT 100%)

Buffet holds none.

And ETH at $1210 today. Quite a correction. It would be wrong to presume this is a good moment to jump into the stock market. I predict it will take a huge beating. If not now, soon. The Dow dropping to 5,500 could happen. But, it would accompany anarchy, economic devastation and real estate dropping by 60%, or more. 

 

I am buying silver bullion. A very safe long term hedge, I think. Uncertain times ahead. 

1 minute ago, spidermike007 said:

And ETH at $1210 today. Quite a correction. It would be wrong to presume this is a good moment to jump into the stock market. I predict it will take a huge beating. If not now, soon. The Dow dropping to 5,500 could happen. But, it would accompany anarchy, economic devastation and real estate dropping by 60%, or more. 

 

I am buying silver bullion. A very safe long term hedge, I think. Uncertain times ahead. 

Support for dow at 27,000. 

 

Eth was $4 in 2016. 300x higher for early investors. 

 

 

Silver still weak

 

 

12 minutes ago, Sparktrader said:

 

 

Eth was $4 in 2016. 300x higher for early investors. 

 

 

Also, ETH has lost 70 % of its value in the last six months , for the late investors

1 hour ago, Sparktrader said:

Bitcoin has crashed 5 times before. I reckon in 12 months time be 50,000.

I guess with such an expert recommendation I should right away invest all my money into Bitcoin. What could possibly go wrong... 

Dark side of the moon?

1 minute ago, OneMoreFarang said:

I guess with such an expert recommendation I should right away invest all my money into Bitcoin. What could possibly go wrong... 

sparktrader is quite good with investing in stocks .

He looks at the ten year price history of stocks and then states when was the best time to buy those stocks