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Richard640 @ 12:50

Posted by silverngold @ 14:16 on October 17, 2014  

Up is down. Good is bad. lies are truth. Right is wrong…..

So who are we supposed to believe since we know that all those mentioned use one of the above tactics to profit off us small investors?? And if the big shots and commercials are all selling, and the retail investor has already sold, who is keeping the markets afloat and what are they putting their money into?? Cash??….. They said not to put it into Municipal Bonds…….Hmmmmm….. where else is there to put it???….maybe gold and silver????? Naw!! useless worthless relics. Oh, I missed an open gate. I see they did not discourage anyone from investing in Government bonds. That must be the SMART place to put the money. Government Bonds.

OK, here’s a question I don’t know the answer to: If I buy a government treasury bond or bill for, say, $100………….. and the government suddenly devalues its currency from $1.00  to, say, .50 cents,………… how much will my government treasury bond or bill be worth after the devaluation??

This is a serious question!! Anyone care to enlighten me?? Would appreciate it. Thanks!!  Silverngold

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.