Mike Tyson once said "Everyone has a plan until they get punched in the mouth.β Some in the military say "No plan survives first contact with the enemyβ. Government control freaks love plans that tell everyone what to do. Usually they just screw things up. A 5 year plan may have some value. A 200 year plan is a joke! I'm glad I'm 72.
then for the next 2 years biden (if still alive after all his boosters) will use exec orders to further destroy country and veto any bill the hack republicans put forth. The red just steal less and maybe a little slower but ending is the same
Obamamanure?! Too funny lol! On a roll today you are Mr PGV.. would you explain about the 60 years? Thereβs been some right-facing conservative and or republicans in between surely?
I assumed it stood for Treasuries. DOW represents the stock market, TSY's represents the bond market. Note that the graph is out-of-date by more than 6 months!
It depends when you bought. I bought Gold and Silver back in 2016 when Gold was $1150 and
Silver for around $14 an ounce. I think Tom has gone over this a couple of times answering why he thinks Gold hasnt gone up in a period when you would normally expect it to rise dramatically. Hopefully your not thinking about selling your Insurance.
I bought gold and silver ? I donβt even remember when , but what I was trying to say is that since Tom move to the safety mode as he saw the toping of the equities and bond market end of 2021 , he doesnβt matter if you were long equities or gold you lost the same amount 22 % , now I do believe that in the future you better hold gold and silver ( I do ) and platinum, than equities, till the down/gold goes to 1 that s my perspective.
PG: You always blame the Dems (liberals) for everything. The Rep. have never done anything wrong (yeah right). No false evidence was presented to the FISH court. No election was stolen, and a lot of evidence was presented that proved that it was NOT stolen. Get over it! Why don't you watch the latest news with Bob Woodward talking to Trump. You might want to also read some books about Trump: The Reckening by Mary Trump; Rage by Bob Woodward; The Room where it happened by John Bolton. I have a few other books you can read. There are two sides to everything. Unfortunately, you have only tunnel vision.
China has as 25, 50, 100, 200 year plan... the USA, quarterly maybe? Iβm glad Iβm 65.
Mike Tyson once said "Everyone has a plan until they get punched in the mouth.β Some in the military say "No plan survives first contact with the enemyβ. Government control freaks love plans that tell everyone what to do. Usually they just screw things up. A 5 year plan may have some value. A 200 year plan is a joke! I'm glad I'm 72.
Yeah, Reagan also tripled the deficit. Voted for him twice.
glad I am 69
I heard another traveller, long time in Asia, cite a Chinese (I think) maxim: "If it takes 1,000 generations, my family will be rich."
That mindset gives a nation the patience to survive even Mao, Communism, Biden, Obama, Bush and rest. "Peace, not as the world giveth."
then for the next 2 years biden (if still alive after all his boosters) will use exec orders to further destroy country and veto any bill the hack republicans put forth. The red just steal less and maybe a little slower but ending is the same
Agreed. Very few good Republicans.
Iβll second that: The red (as a proxy for βany other party in powerβ) just steal less and maybe a little slower but ending is the same
Obamamanure?! Too funny lol! On a roll today you are Mr PGV.. would you explain about the 60 years? Thereβs been some right-facing conservative and or republicans in between surely?
They still might.
At this point in History, the Fed Wrecking Ball might rather be a financial event horizon.
Can someone tell me what TSY's on the last chart tands for?
I assumed it stood for Treasuries. DOW represents the stock market, TSY's represents the bond market. Note that the graph is out-of-date by more than 6 months!
Thank you for your help.
Thank you again Tom ,
But I donβt agree with you when you fact that gold is up ... gold and Dow and S&P have gone down the same per cent age from top around 22 per cent
Silver today is 35 per cent down from top
It depends when you bought. I bought Gold and Silver back in 2016 when Gold was $1150 and
Silver for around $14 an ounce. I think Tom has gone over this a couple of times answering why he thinks Gold hasnt gone up in a period when you would normally expect it to rise dramatically. Hopefully your not thinking about selling your Insurance.
Hi Stephen ,
I bought gold and silver ? I donβt even remember when , but what I was trying to say is that since Tom move to the safety mode as he saw the toping of the equities and bond market end of 2021 , he doesnβt matter if you were long equities or gold you lost the same amount 22 % , now I do believe that in the future you better hold gold and silver ( I do ) and platinum, than equities, till the down/gold goes to 1 that s my perspective.
Mine as well. We will have our day.
PG: You always blame the Dems (liberals) for everything. The Rep. have never done anything wrong (yeah right). No false evidence was presented to the FISH court. No election was stolen, and a lot of evidence was presented that proved that it was NOT stolen. Get over it! Why don't you watch the latest news with Bob Woodward talking to Trump. You might want to also read some books about Trump: The Reckening by Mary Trump; Rage by Bob Woodward; The Room where it happened by John Bolton. I have a few other books you can read. There are two sides to everything. Unfortunately, you have only tunnel vision.
PG V is demented. He's wrong about everything. The exact opposite is true.
AMEN!