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busterbrown

(8,515 posts)
Sat Jun 15, 2019, 05:05 PM Jun 2019

I have a few investments in the Market..

Its not a lot by a long shot

I invested in some gold Swiss francs back during the last recession and did pretty well..

I'm reading all over the place recently.. that Gold is a good investment now..

The threat of Trump dumping us into war we could never win and the fact that he probably will finish out his term and might be re-elected is a frightening truth!.. He will ruin our economy..No fucking doubt.

What do you guys think?

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pbmus

(12,422 posts)
1. My investments are in the three Gs...
Sat Jun 15, 2019, 05:15 PM
Jun 2019

Gold, Green, and Good Golly Miss Molly(that’s a sure thingy, like certain new and upcoming businesses)

empedocles

(15,751 posts)
3. My current investments are primarily t bills, since I'm, like the world's rich, who keep buying
Sat Jun 15, 2019, 06:04 PM
Jun 2019

t bills even when they paid near zero interest, I'm primarily interested in 'the return OF my investment'.

I have gold bought low in '03, and regret not buying silver then, as inflation hedges.

Have bear funds as a deflation hedge.

empedocles

(15,751 posts)
2. Be careful. While gold is advertised as a hedge against 'bad times', etc.,
Sat Jun 15, 2019, 05:59 PM
Jun 2019

a more reliable correlation is inflation and deflation numbers and expectations.

That is gold very likely will go up for inflation; down for deflation, even if the economy is declining.

Anecdotally, increased gold and silver advertisements on fox channels seem to indicate a good time to . . . not buy.

TlalocW

(15,384 posts)
4. I do some modest investing
Sat Jun 15, 2019, 07:57 PM
Jun 2019

Through an IRA and then some apps like Acorns and Stash. Things have been erratic, but I hope even Trump won't shit on the fact that there's never been a 12 year period where the market didn't finish higher at the end of it than at the beginning (according to an investment guy I know).

But I have a lot of silver coins that I'm saving for a rainy day. My understanding is that when the market does poorly then gold and silver become more valuable. I hope it doesn't come to that though.

TlalocW

empedocles

(15,751 posts)
6. If inflation gets really bad, as in the dollar losing a lot of buying power,
Sat Jun 15, 2019, 08:49 PM
Jun 2019

silver coins will be a more viable currency, i.e., a survival item.

TlalocW

(15,384 posts)
7. I'm torn
Sun Jun 16, 2019, 03:14 AM
Jun 2019

I really don't want it to get that bad, but I also want t unload them at a high price. My 3 siblings and I tried to convince Mom to get rid of them a few years ago when silver almost hit $50 an ounce. I want to say it was around the 2012 elections when the more wack-a-doodle conservatives were convinced electing Obama again would bring about the apocalypse, but I could be wrong.

TlalocW

A HERETIC I AM

(24,371 posts)
8. Gold is a commodity. If you are interested in commodities as an investment....
Sun Jun 16, 2019, 06:17 AM
Jun 2019

Would you also consider investing in Pork Bellies, Cotton, Wheat, Platinum, Frozen Concentrated Orange Juice and Crude Oil?

Gold is a store of value, not an “investment “

150 years ago, a $20 gold piece would buy you a finely tailored suit.

Today that exact same $20 gold piece will buy you a finely tailored suit.

JustABozoOnThisBus

(23,354 posts)
9. I can bury gold in the yard, dig it up in ten years, it's "good as gold".
Sun Jun 16, 2019, 06:27 AM
Jun 2019

Try that with pork bellies.

(I know nothing of investing, I let some investment house handle those things)

ProfessorGAC

(65,079 posts)
10. +1
Sun Jun 16, 2019, 06:41 AM
Jun 2019

IMO, the self investment thing is a fee grabbing plan by the marketing arm of the investment houses.
I wouldn't go to a guy with WebMD for a gall bladder problem.
Go to experts for their expertise.

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