Hamartia Antidote
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Most of us playing index funds have been getting fucked in the ***.
Anyone holding any form of dollars will lose everything when this sham of an economy collapses, and collapse it will.
This has been a good year for investors so far.
https://www.cnbc.com/2019/11/04/dow-futures-open-us-china-trade-deal-uber-marriott.html
Dow rips higher to a record, now up nearly 18% on the year
Stock market is a sham built on helicopter fed money. Personally I love to see the stock market baloon only because It drops the price of precious metals. Anyone holding any form of dollars will lose everything when this sham of an economy collapses, and collapse it will.
When Trump was running for president he spoke the truth about the Obama fake stock market inflated economy, but now that he is presiding over the exact same sham it's a great economy now.
And how is this more of a sham than some other popular investments? People spending $1500 for an OUNCE (WTF!) of a shiny metal, people spending millions of dollars on a tiny 70sq foot apartment in a major city, people lending money to developers of “ghost cities”, people investing in bitcoin (which truly has no value as it isn’t even something you can touch), etc etc.
The "patriot" Wall street made bullish market and took the steroid from the fudging job numbers. It is distasteful and ridiculous that the US has degenerated to resort stock index as a weapon in the trade war.
Soon, the market will jump cliffs to abysmal panic since the empty and hollowing American industry cannot sustain this erratic booming.
Very easy to explain grasshopper.
An ounce of precious shiny metal= an ounce of the same shiny precious metal. We have been conditioned to value goods and services in terms of increasingly worthless dollars printed out of thin air. The value of pms has only been going up over the years which means its the dollar thats devaluing. An ounce of gold= an ounce of gold. Whether its 2019 ad or 2019 bc. Ditto for silver.
As far as real estate. Thats entirely manipulated by local government regulations. How else do you explain a million on 50 -100 square-foot in San Fran yet that same million gets you 2 to 3 acres in Houston TX or Atlanta GA?
Crypto is an animal all on its own, but I'll tell u what. If I had to bet on the dollar vs crypto, I'd be all in on crypto.