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