My grandfather had up and downs in the market survived the Spanish flu, both wars, became a millionaire in 1929 and lost it the same year. Lost his wife to illness his daughter to a illness first son getting run over a 6 by a hot rod walking across the street with his grandma. Came back from WW11 from the pacific theater with his business he shut down before he went to war to come back to no job. After hard years started another business up. But at least more patriotic times despite it all.
I can’t remember the subject we were on anymore since so many years ago other than how he kept rising up every time the economy turned back down. He told me the only thing that’s important is you have is the ones you care about and your health. That without your health you have nothing.
That’s one reason I stayed away from the market when younger because it appeared to distract from both those things.
The person I knew who just passed away from another misdiagnosis of a doctor thinking his pancreatic cancer was a ulcer until it had spread to other parts of his body. He had restarted his life with a new partner and had two young kids to raise. Despite his poor diagnosis he lived 6 years more working no matter how sick he was but started needing help here and there and dropped 30 pounds so I knew he wasn’t gonna be here much longer but kept trying until the very day he died to support those kids. A least the military will bury him but social security isn’t gonna help as much as it should for his family.If his wife makes what they consider too much they’ll cut her off despite the fact he paid into it all those years.
In the end my grandfather was right.
Not that you can’t make it a heck of a ride till the end.
I look at the PMs only in terms of survival from a kind of government this one just happened to turn into. I keep some when I travel on my person plus barter jewelry. I had some gold quarter ounces you can mix with your change on my personal. not purse and silver coins some in purse when I traveled on that hell trip to Florida, just stick it and cash in a small wallet in my bra and gave one away when there plus cash and other things and had no problems at the airport or worry’s something should happen to back or credit cards gone missing. Just never know when something could happen.
The only thing that won’t go back to zero like the stocks.
I think Celente was right years ago before gold passed 1000 that he knew it was gonna be 2000 and then the gov will step in.
I hope it doesn’t take digital currency or a third world status because of these morons in office to make it go to the next level. I hope that doesn’t happen but if it does it’s a good hedge.