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Maddog, Farmboy

Posted by Buygold @ 16:20 on May 3, 2017  

I gotta tell ya, I’m about ready to throw in the towel – again.

I’m not seeing the point in holding the one set of assets that the money powers absolutely control because it is such a threat to the system and their fiat survival. We can sit here and say that when SHTF it’s going to payoff to have insurance. Unfortunately, we’ve seen the SHTF a couple of times in the last two decades and all we’ve seen is underperformance. I’m not talking about nukes flying, but no doubt we’ve seen financial crisis.

Really feeling like I missed the boat not selling shares in 06′ and physical in 2011.

I don’t know. I don’t see anything changing and not to blame Trump, but certainly nothing changing with regulation under his leadership.

I thought Facebook was expensive at $40, Tesla looked interesting at $30, my kid told me to buy AAPL at $80 several years ago pre-split. WTF? Why am I one of the only non-thinking investors on the planet? Why screw with something that nobody cares about, wants or needs?

Maybe Bitcoin, as dangerous as it seems, really is better than the barbarous relic.

I guess we all have to hit bottom sometime

 

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