Why am I saving money?

[Pickle_Rick]

This is a ehetorical question... I got out of the saving money business. I spend every fiat dollar I can on physical metals. When the government just keeps printing dollars, the dollars you hold loose value. THIS is the cause of inflation. Not Putin, not the war in Ukraine, and NOT the oil companies, or farmers.

When the rate of inflation is higher than the interest rate you are paid by the bank, you are loosing money by keeping it in the bank. This is how bankers get wealthy, especially in hard times. Do not fall for their scam. Eventually, the government will come for your savings, because they have to make sure they can still pay for EBT's, because when the EBT's quit working, the rioting will start... then the shooting, then the starvation.

And don't be naive enough to think the government won't come for your physical metals either. That will be confiscated too. That's why YOU have the metal in your hands. So you can loose it while plowing a field, or rowing in a boat. This has all happened before. Just look at your history.

Ps. You are not saving the metal for YOUR retirement, but for your kids and grand kids when it becomes legal to own PM's privately again. If you want something for yourself, I suggest lead. It comes in many denominations. .22 Cal, .45 ACP, 00 Buck.

 

[812scottj]

It’s all a big nothing. We’re all gonna die, so there’s that. If you want to leave assets to family, make those plans; otherwise, live your life…live your dreams…do whatever you want to do and die penniless in your sleep

 

[Col. Angus]

The type of whores I like are too expensive for me to just buy whenever. Sometimes takes a week or two of puttin back.

 

[Hank Camacho_rivals115797]

https://www.zionoil.com/dspp/invest-now/

 

[H-D cat]

lose

 

[funKYcat75]

Was this post just an excuse to start another gun thread?

 

[812scottj]

He mentioned ammo, not guns, sissy

 

[jameslee32]

This is a ehetorical question... I got out of the saving money business. I spend every fiat dollar I can on physical metals. When the government just keeps printing dollars, the dollars you hold loose value. THIS is the cause of inflation. Not Putin, not the war in Ukraine, and NOT the oil companies, or farmers.

When the rate of inflation is higher than the interest rate you are paid by the bank, you are loosing money by keeping it in the bank. This is how bankers get wealthy, especially in hard times. Do not fall for their scam. Eventually, the government will come for your savings, because they have to make sure they can still pay for EBT's, because when the EBT's quit working, the rioting will start... then the shooting, then the starvation.

And don't be naive enough to think the government won't come for your physical metals either. That will be confiscated too. That's why YOU have the metal in your hands. So you can loose it while plowing a field, or rowing in a boat. This has all happened before. Just look at your history.

Ps. You are not saving the metal for YOUR retirement, but for your kids and grand kids when it becomes legal to own PM's privately again. If you want something for yourself, I suggest lead. It comes in many denominations. .22 Cal, .45 ACP, 00 Buck.

A sound strategy.

 

[FirewithFire]

Ps. You are not saving the metal for YOUR retirement, but for your kids and grand kids when it becomes legal to own PM's privately again. If you want something for yourself, I suggest lead. It comes in many denominations. .22 Cal, .45 ACP, 00 Buck.

He that has the lead takes the gold and silver.

In all seriousness, there is no outrunning what's coming. No matter what you do there is no such thing as a perfectly safe investment. Even land can be lost to property taxes. Hell, if things get that bad I might not want to survive it anyway.

The type of whores I like are too expensive for me to just buy whenever. Sometimes takes a week or two of puttin back.

I hear ya man, but it's usually the coke that breaks me.

 

[englishmajor]

Eff it, I don't even care anymore. It's all a bunch of BS.

 

[812scottj]

Obviously, none of you rubes have ever heard of Macaulay’s Duration. It’s a hypocritical model depicting a perfectly immunized portfolio of investments. If you’re interested in learning more, college is that way>>>>>>

 

[Ahnan E. Muss]

Obviously, none of you rubes have ever heard of Macaulay’s Duration. It’s a hypocritical model depicting a perfectly immunized portfolio of investments. If you’re interested in learning more, college is that way>>>>>>

I hate hypocritical models. They're so stuck up and they never give me the time of day.

 

[812scottj]

Hypothetical!!! Cut me a break…I’m stuck in an airport in Minneapolis. I’m in hell

 

[Bowiewasmyhero]

This is a ehetorical question... I got out of the saving money business. I spend every fiat dollar I can on physical metals. When the government just keeps printing dollars, the dollars you hold loose value. THIS is the cause of inflation. Not Putin, not the war in Ukraine, and NOT the oil companies, or farmers.

When the rate of inflation is higher than the interest rate you are paid by the bank, you are loosing money by keeping it in the bank. This is how bankers get wealthy, especially in hard times. Do not fall for their scam. Eventually, the government will come for your savings, because they have to make sure they can still pay for EBT's, because when the EBT's quit working, the rioting will start... then the shooting, then the starvation.

And don't be naive enough to think the government won't come for your physical metals either. That will be confiscated too. That's why YOU have the metal in your hands. So you can loose it while plowing a field, or rowing in a boat. This has all happened before. Just look at your history.

Ps. You are not saving the metal for YOUR retirement, but for your kids and grand kids when it becomes legal to own PM's privately again. If you want something for yourself, I suggest lead. It comes in many denominations. .22 Cal, .45 ACP, 00 Buck.

You are never going to make any money winning a spelling bee.

 

[_Mav_]

Christ. Seven thousand years of civilization down the drain. Might as well join the f#cking Peace Corps.

 

[Hank Camacho_rivals115797]

A sound strategy.

Social security needs to be completely phased out and defunded. What a sham.

 

[mdlUK.1]

Social security needs to be completely phased out and defunded. What a sham.

And what are you going to do with the people already living on SS?

 

[Hank Camacho_rivals115797]

And what are you going to do with the people already living on SS?

That's why I said "phased out".

 

[mdlUK.1]

That's why I said "phased out".

You also said “defunded”.

 

[Hank Camacho_rivals115797]

My bad. I should have posted a 2,500 word white paper on my plans to eventually phase out social security.

Live and learn, I guess.

 

[mdlUK.1]

My bad. I should have posted a 2,500 word white paper on my plans to eventually phase out social security.

Live and learn, I guess.

Well, if you’re going to make a major change like that, details matter.