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128
The debt will continue to grow. Ultimately the dollar will fail. Democrats are clueless and Big Gov Republicans are complicit. A sad day for America. (media.scored.co)
posted 1 year ago by fvckface 1 year ago by fvckface +128 / -0
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▲ 31 ▼
– Benevolentdictator 31 points 1 year ago +31 / -0

Rand woke this morning & chose violence (or stayed up too late).

Jeffrey Sachs in his Tucker Carlson interview last week about Israel mentioned that Paul was the only congressman he had any faith in to be independent (which made me wonder why he didn't include Thomas Massie).

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▲ 8 ▼
– Gizortnik 8 points 1 year ago +8 / -0

Put money in metals and crypto for savings. Just remember to know how to exit the market.

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▲ 37 ▼
– PM-Melania-feet-pics 37 points 1 year ago +37 / -0

Crypto is a casino, not a bank. For anyone to profit there need to be a much greater number left holding the bag when the bubble bursts.

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▲ 2 ▼
– SparkMandrill83 2 points 1 year ago +2 / -0

People treat it like a casino but it can easily be a bank if the need arises

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▲ 1 ▼
– Gizortnik 1 point 1 year ago +1 / -0

For some cryptos, not things like Etherium, Bitcoin, or USCoin.

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▲ 8 ▼
– Lonetrail 8 points 1 year ago +8 / -0

yup. remember senior, established gold miners/silver miners if you need to play the spot price of precious metals. otherwise if you want leverage, use the junior miners etfs like SILJ or GDXJ.

never trade the direct, paper price of any metal, way too ((manipulated)) by Goldman Sachs and the other commodities desks.

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▲ 5 ▼
– Smith1980 5 points 1 year ago +5 / -0

I’m still a Padawan when it comes to investing but learning

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▲ 4 ▼
– KekistanPM 4 points 1 year ago +4 / -0

Brass is a good metal to save a lot of in case things get real bad.

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▲ 2 ▼
– Erithal 2 points 1 year ago +2 / -0

I've heard lead also has a lot of kinetic potential.

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▲ 3 ▼
– Stagecoach 3 points 1 year ago +3 / -0

I think the problem with crypto really is knowing when to exit the market. Right now it's hitting all time highs, but it could easily be like 2021 where everyone fomos in when it's at its highest price and then gets screwed when it suddenly loses 2/3 of its value.

You could adopt the hodl philosophy and just never sell, with the expectation that it will just keep going up in value over the long-term, but I worry that it might eventually get nuked by government regulation or become obsolete due to some more sophisticated replacement. Another drawback with metals and Bitcoin is that they don't pay out any dividends, so you never get to reap any value until you either sell or find some practical way to spend it in lieu of cash/credit card.

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▲ 1 ▼
– Gizortnik 1 point 1 year ago +1 / -0

I was worried about government regulation before Trump called for a Bitcoin reserve, and it's clear that even the Deep State sees utility in it. And it's not likely to get replaced within my life time.

Dividends are cute, but there's really no such thing as passive income. Just other people using your money for you.

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▲ 6 ▼
– Guy_Incognito76 6 points 1 year ago +6 / -0

They know. The goal was to replace it with a digital dollar bit they're too incompetent to get it working. I'd buy some Yuan or rubles for the future.

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▲ 4 ▼
– MegoThor 4 points 1 year ago +4 / -0

Another in a long row of sad days.

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▲ 2 ▼
– deleted 2 points 1 year ago +2 / -0
▲ 6 ▼
– fvckface [S] 6 points 1 year ago +6 / -0

The mandatory filing with the Senate by Paul (R-Ky.) shows that his wife purchased between $1,000 and $15,000 worth of Gilead stock on Feb. 26, 2020.

Cooper also noted that Paul’s wife lost money on the investment. On the day of Paul’s wife’s purchase, Gilead stock opened the day at $71.32 per share. On Wednesday, it ended the day at $69.84.

Bro, those are quotes from your link. What a stupid fucking argument to make:

and directly profited from American citizens deaths

Rand Paul is one of very few elected officials to oppose Democrats, Republicans, Big Pharma, and AIPAC.

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▲ 6 ▼
– TheRealLiszt 6 points 1 year ago +6 / -0

his wife purchased between $1,000 and $15,000 worth of Gilead stock on Feb. 26, 2020

GILD Feb 26 2020 CLOSE: 69.36 GILD Yesterday CLOSE: 92.68 Max Yield: 15,000 -> 20,043.25 (Plus [email protected])

SPY Feb 26,2020 CLOSE: 296.26 SPY Yesterday CLOSE: 603.83 Max Yield: 15,000 -> 30,572.64 (Plus [email protected])

Seems like he lost out on money in that trade, especially if he sold before around Jan 23 when the stock takes off for a bit.

Last year Dr. Paul completed the reporting form for an investment made by his wife using her own earnings, an investment which she has lost money on.

Doesn't say if that is a realized or unrealized loss. Need to do more digging but 15k is just a drop in the bucket for insider trading via Congress.

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▲ 3 ▼
– ernsithe 3 points 1 year ago +3 / -0

>before the covid plandemic
>"Rand Paul’s wife bought stock in COVID treatment firm in February 2020"

I too remember COVID-20. Seriously, the worst you can say about this is she bought stock in an anti-viral manufacturer after a new-ish virus had been publicly reported in a dozen countries.

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