BoatBanter.com - View Single Post - Corporate America Pays a Lot Less in Taxes Than You Think!

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On Sat, 06 Aug 2011 21:23:40 -0400, wrote:

On Sat, 06 Aug 2011 16:46:41 -0700, wrote:

On Sat, 06 Aug 2011 19:18:47 -0400, wrote:

On Sat, 06 Aug 2011 15:24:31 -0600, Canuck57
wrote:

On 06/08/2011 11:22 AM, wrote:

Well, you don't need to get any more stupid. Greg is promoting it as
better than cash. So, why would he sell them for cash? What's it going
to get him? He can't eat the silver.

It is over the long term. It isn't over the short term.

Imagine if you spent $1000 on gold in 1933 at $20 an ounce. Today that
50 ounces would be worth at least $83,000.

But your $1000 in fiat paper would still only be $1000.

Cash is a rapidly depreciating asset due to bank and government fraud.

A thousand dollars at today's prices would have been worth about
$16,000 in 1933 when you factor in the inflation.

In the other hand the Dow was trading in the low 50s so if you bought
a good portfolio of stocks you would be doing real well. If you didn't
have too much GM.

Or, if you sold GM at the right moment....

Are you saying you CAN time the market?

Not at all. I seem to recall you saying that, however.