mmmmm...beer 812 Posted June 24, 2016 I put 200k from retirment into our "F" Fund last week. It's essentially AGG (bonds). When everything else plummeted today... I'm up $.60+ a share or a bit over a half percent... I know all of us watching enough who pulled out of the market last week are really wondering how deep this will tumble into next week so we can dive headfirst back in on the rally... but as I'm in Europe starting next Wednesday for 2 weeks I'mean not going to focking with it and may just keep it all in bonds. Ordering Euros for my trip today... going to wait to exchange until next week before we go. Want to see how well the dollar is going to even out with the euro... Share this post Link to post Share on other sites
iam90sbaby 2,659 Posted June 24, 2016 I put 200k from retire.entry into our "F" Fund last week. It's essentially AGG (bonds). When everything else plummeted today... I'mean up $.60+ a share or a bit over a half percent... I know all of us watching enough who pulled out of the market last week are really wondering how deep this will tumble into next week so we can dive headfirst back in on the rally... but as I'm in Europe starting next Wednesday for 2 weeks I'mean not going to focking with it and may just keep it all in bonds. Ordering Euros for my trip today... going to wait to exchange until next week before we go. Want to see how well the dollar is going to even out with the euro... You know when you buy bonds that is how the government creates their money, further putting us in debt. Share this post Link to post Share on other sites
mmmmm...beer 812 Posted June 24, 2016 You know when you buy bonds that is how the government creates their money, further putting us in Wahhhhh... your breaking my heart. This isn't long term hold... cripes. Share this post Link to post Share on other sites
iam90sbaby 2,659 Posted June 24, 2016 Wahhhhh... your breaking my heart. This isn't long term hold... cripes. Yep. This is the process in a nutshell http://s1.dmcdn.net/G9-bV/1280x720-cLT.jpg Funniest part is the Federal Reserve isn't owned by the government, its owned by shareholders (who really controls the world, it even says on their website they pay a 6% dividend) and whenever they want more money, they just print it. Point being, its all a scam, buy gold and silver. Share this post Link to post Share on other sites
IGotWorms 4,060 Posted June 24, 2016 Yep. This is the process in a nutshell http://s1.dmcdn.net/G9-bV/1280x720-cLT.jpg Funniest part is the Federal Reserve isn't owned by the government, its owned by shareholders (who really controls the world, it even says on their website they pay a 6% dividend) and whenever they want more money, they just print it. Point being, its all a scam, buy gold and silver. Your naïveté is starting to show Share this post Link to post Share on other sites
Bert 1,128 Posted June 24, 2016 I have, silver is worth something, that paper isn't, I would never sell my silver for "paper" silver goes way up, I trade it palladium when its down, palladium goes back up, I move that to more silver or gold etc... ride the wave man, that paper isn't worth sh*t. USD = currency Precious Metals = Money Big difference. Are you a commodities trader? Share this post Link to post Share on other sites
Bert 1,128 Posted June 24, 2016 Your naïveté is starting to show Sounds like all the other young hot shots that thought they had the market by the balls.................until they didn't. Share this post Link to post Share on other sites
Baker Boy 1,704 Posted June 24, 2016 Yes I know its importance. Who physically hands you money in exchange for your silver when you decide to sell it because its worth more than you paid for it? Who buys high? Buy/Sellers work on a margin, now stop making a fool of yourself. Share this post Link to post Share on other sites
nobody 2,733 Posted June 24, 2016 If it was only about the commercial value of silver for use in electronics and whatnot, it would probably be 5 bucks an oz. Share this post Link to post Share on other sites
iam90sbaby 2,659 Posted June 24, 2016 If it was only about the commercial value of silver for use in electronics and whatnot, it would probably be 5 bucks an oz. The real value of the USD is about 4 cents. Share this post Link to post Share on other sites
nobody 2,733 Posted June 24, 2016 Probably less than that. All I'm saying is bitcoin is fiat currency just as much as the US dollar is except with bitcoin it won't just be bankers with the ability to destroy economies over 20 years, but it'll be hackers who can wipe out half the world's wealth in a few keystrokes. Not exactly better. And the only reason gold or silver are valued as highly as they are is because people think gold and silver are pretty. They're just metals with names. Their intrinsic value from their industrial applications and their durability is no where near their prices. Share this post Link to post Share on other sites
iam90sbaby 2,659 Posted June 25, 2016 Probably less than that. All I'm saying is bitcoin is fiat currency just as much as the US dollar is except with bitcoin it won't just be bankers with the ability to destroy economies over 20 years, but it'll be hackers who can wipe out half the world's wealth in a few keystrokes. Not exactly better. And the only reason gold or silver are valued as highly as they are is because people think gold and silver are pretty. They're just metals with names. Their intrinsic value from their industrial applications and their durability is no where near their prices. Wasn't suggesting Bitcoin for the long term, you are absolutely correct. But with all these other countries possibly leaving the EU, and the Pound crashing, many Europeans will surely turn to Bitcoin and/or silver and gold. The second statement is absolutely ludicrous. Share this post Link to post Share on other sites
gocolts 300 Posted June 25, 2016 Does using Bitcoin put you on some government watch list or some shtt?? Is that Bitcoin really safe to use??? What if I need it to buy something online soon(Over the next couple of months), is it still a good idea to buy some now??? I mean I can use other forms of payment most any other time, but once in a while, the Bitcoin would make it so much easier. Have you actually used Bitcoin before and if yes, were you satisfied with the outcome of the transaction??? Share this post Link to post Share on other sites
jerryskids 6,930 Posted June 25, 2016 The second statement is absolutely ludicrous. No it wasn't. All currencies are fiat currencies at this point. A malleable, ductile metal is no more special than any other number of supporting assets. Share this post Link to post Share on other sites
iam90sbaby 2,659 Posted June 25, 2016 Does using Bitcoin put you on some government watch list or some shtt?? Is that Bitcoin really safe to use??? What if I need it to buy something online soon(Over the next couple of months), is it still a good idea to buy some now??? I mean I can use other forms of payment most any other time, but once in a while, the Bitcoin would make it so much easier. Have you actually used Bitcoin before and if yes, were you satisfied with the outcome of the transaction??? Hell if I know, probably, anything does these days. But who cares we are all probably on it with the stuff talked about in the Geek Club. Its becoming more and more stable. Right now it is a pain in the a** to buy something online with Bitcoin, not many people know this but eBay is about to start accepting Bitcoin, that will be HUGE in the value of Bitcoins. Coinbase has local merchants built into the app who accept Bitcoin for payment. Its easy as hell, its EXACTLY like PayPal except in Bitcoin not USD. Even just $500 is worth it at this point and just sit on it, there is no freaking telling what it could be in 20 years. As nobody mentioned earlier it could be worth nothing because hackers destroy it or a country could adopt it as their currency and its game on. Share this post Link to post Share on other sites
gocolts 300 Posted June 25, 2016 Hell if I know, probably, anything does these days. But who cares we are all probably on it with the stuff talked about in the Geek Club. Its becoming more and more stable. Right now it is a pain in the a** to buy something online with Bitcoin, not many people know this but eBay is about to start accepting Bitcoin, that will be HUGE in the value of Bitcoins. Coinbase has local merchants built into the app who accept Bitcoin for payment. Its easy as hell, its EXACTLY like PayPal except in Bitcoin not USD. THANKS. This one site I use t o buy stuff off of once in a while recently went to bitcoin only payment. I just never bought any or even know how to buy any, let alone how to use it. lol. Thanks for the help though, really appreciate it bro. Share this post Link to post Share on other sites
Voltaire 5,363 Posted June 25, 2016 Didn't some e-crook just steal a bunch of bitcoins a couple of years ago? Share this post Link to post Share on other sites
iam90sbaby 2,659 Posted June 25, 2016 THANKS. This one site I use t o buy stuff off of once in a while recently went to bitcoin only payment. I just never bought any or even know how to buy any, let alone how to use it. lol. Thanks for the help though, really appreciate it bro. Coinbase.com Sign up Link your card Purchase Its easier than setting up a online banking account. Didn't some e-crook just steal a bunch of bitcoins a couple of years ago? You are probably talking about Mt Gox. It does happen but that hasn't stopped the price of Bitcoin to keep on increasing. Share this post Link to post Share on other sites
nobody 2,733 Posted June 25, 2016 Wasn't suggesting Bitcoin for the long term, you are absolutely correct. But with all these other countries possibly leaving the EU, and the Pound crashing, many Europeans will surely turn to Bitcoin and/or silver and gold. The second statement is absolutely ludicrous. I've still never heard a good reason why gold and silver are supposed to be so valuable. They're Rare! True, that satisfies the supply portion, but the demand portion shouldn't necessarily be living up to it's cost if it's only based on it's intrinsic value as a metal. Just being rare doesn't make something inherently valuable. Gold is a good conductor! That's true, but electricity has only been harnessed for a couple 100 years or so. That doesn't explain why the Egyptians valued it so much or why it seems most civilizations value it. I mean other than it's pretty. Gold doesn't corrode! True, that makes it a good metal to use as a coin. That might be why people started treating it like money. That doesn't mean it actually is money. In fact, it's only value exists if someone is willing to give you something for that metal in hopes of trading the metal for some other thing that has value (food, shelter, building materials, etc). Gold can't be created - Well kind of. In 500 years we'll be mining the moon and Mars and comets and sh¡t. In essence, wealth is basically created every time someone finds a vein of gold in the ground. On a large scale, what happens if we're on the gold standard and we find some solid gold near earth asteroid? Oh that's right, gold will go the way of the diamond and some corporation will meter out the supply artificially propping up it's value. (sound familiar?) Share this post Link to post Share on other sites
gocolts 300 Posted June 25, 2016 Coinbase.com Sign up Link your card Purchase Its easier than setting up a online banking account. You are probably talking about Mt Gox. It does happen but that hasn't stopped the price of Bitcoin to keep on increasing. Thanks. was signing up and right off the bat, like second step, you need a fancy cell phone, so I guess that kills this. lol Seems like I run into this more and more often recently where I really need some cool phone with service to get apps for certain shtt. THanks anyway though man. Share this post Link to post Share on other sites
MTSkiBum 1,625 Posted June 25, 2016 I've still never heard a good reason why gold and silver are supposed to be so valuable. They're Rare! True, that satisfies the supply portion, but the demand portion shouldn't necessarily be living up to it's cost if it's only based on it's intrinsic value as a metal. Just being rare doesn't make something inherently valuable. Gold is a good conductor! That's true, but electricity has only been harnessed for a couple 100 years or so. That doesn't explain why the Egyptians valued it so much or why it seems most civilizations value it. I mean other than it's pretty. Gold doesn't corrode! True, that makes it a good metal to use as a coin. That might be why people started treating it like money. That doesn't mean it actually is money. In fact, it's only value exists if someone is willing to give you something for that metal in hopes of trading the metal for some other thing that has value (food, shelter, building materials, etc). Gold can't be created - Well kind of. In 500 years we'll be mining the moon and Mars and comets and sh¡t. In essence, wealth is basically created every time someone finds a vein of gold in the ground. On a large scale, what happens if we're on the gold standard and we find some solid gold near earth asteroid? Oh that's right, gold will go the way of the diamond and some corporation will meter out the supply artificially propping up it's value. (sound familiar?) My thoughts exactly. Share this post Link to post Share on other sites
wiffleball 4,793 Posted June 25, 2016 Crikey What a lot of bleeding wankers. Share this post Link to post Share on other sites
wiffleball 4,793 Posted June 25, 2016 Does this mean that The Brits can only play soccer with each other? Share this post Link to post Share on other sites
Hardcore troubadour 15,583 Posted June 25, 2016 The thread I started is much more substantive and informing. This one has a lot of the stupids in it. Share this post Link to post Share on other sites
wiffleball 4,793 Posted June 26, 2016 You dont say... Share this post Link to post Share on other sites
fandandy 3,313 Posted June 26, 2016 I just read that Boris Johnson is the favorite to replace Cameron. Imagine Trump AND Johnson in office. These two look like twinkies, no? https://cyberboris.files.wordpress.com/2015/08/boristrump2.jpg Share this post Link to post Share on other sites
jerryskids 6,930 Posted June 26, 2016 I just read that Boris Johnson is the favorite to replace Cameron. Imagine Trump AND Johnson in office. These two look like twinkies, no? https://cyberboris.files.wordpress.com/2015/08/boristrump2.jpg Share this post Link to post Share on other sites
Drizzay 727 Posted June 26, 2016 I just read that Boris Johnson is the favorite to replace Cameron. Imagine Trump AND Johnson in office. These two look like twinkies, no? https://cyberboris.files.wordpress.com/2015/08/boristrump2.jpg Wispy hair is in right now. Share this post Link to post Share on other sites
Bert 1,128 Posted June 27, 2016 I just read that Boris Johnson is the favorite to replace Cameron. Imagine Trump AND Johnson in office. These two look like twinkies, no? https://cyberboris.files.wordpress.com/2015/08/boristrump2.jpg Can you imagine these two jag offs dealing with Putan and the Korean guy that dresses like Hillary. Share this post Link to post Share on other sites
TimmySmith 2,783 Posted January 31, 2020 Happy Brexit Day! The end of the EU is nigh. 2 3 Share this post Link to post Share on other sites
RaiderHaters Revenge 4,387 Posted January 31, 2020 this aged well lol 1 Share this post Link to post Share on other sites
Big Guy 1,416 Posted January 31, 2020 Bravo Brexit! Share this post Link to post Share on other sites
bostonlager 2,665 Posted January 31, 2020 Glad to hear they got this done. Globalism is Earth AIDS. Share this post Link to post Share on other sites
iam90sbaby 2,659 Posted January 31, 2020 On 6/24/2016 at 11:52 PM, iam90sbaby said: Coinbase.com Sign up Link your card Purchase Its easier than setting up a online banking account. You are probably talking about Mt Gox. It does happen but that hasn't stopped the price of Bitcoin to keep on increasing. Damn. When I posted this ETH was less than $20 and BTC less than $500 On 6/25/2016 at 12:23 AM, gocolts said: Thanks. was signing up and right off the bat, like second step, you need a fancy cell phone, so I guess that kills this. lol Seems like I run into this more and more often recently where I really need some cool phone with service to get apps for certain shtt. THanks anyway though man. Hindsight guess you should've done it Share this post Link to post Share on other sites
Hardcore troubadour 15,583 Posted January 31, 2020 England may have saved itself. France is doomed. Share this post Link to post Share on other sites
iam90sbaby 2,659 Posted February 1, 2020 Now Scotland should leave the UK. Share this post Link to post Share on other sites
Voltaire 5,363 Posted February 1, 2020 On 6/27/2016 at 8:29 PM, Bert said: Can you imagine these two jag offs dealing with Putan and the Korean guy that dresses like Hillary. Sometimes dreams come true 2 Share this post Link to post Share on other sites
shorepatrol 1,871 Posted February 1, 2020 Trump MTWGA. Share this post Link to post Share on other sites
Utilit99 4,099 Posted February 1, 2020 10 hours ago, Hardcore troubadour said: England may have saved itself. France is doomed. France is a piece of shlt. And they don''t need to be cared about.. They would rather die than be good people. Share this post Link to post Share on other sites
