RE: Precious Metals are Falling!
It's hard to tell why the prices go up or down. It seems like it should go up, but it goes down. It seems like it should go down, it goes up. It's bassakwards. I don't know what to make of it, but I do know that cheaper silver means I get more of it for each of my dollars, so I don't complain.
I would love to see it at $10. That would be amazing. I would buy up all the silver. All of it. :P
Bitcoin is on the move for now. I don't know if this is the big wave, or if we're waiting for something else. It jumped hundreds of dollars in less than half an hour. Seems like it would need some larger players to do that. I'm just saying. If Bitcoin keeps rising, I think Steem will too. I have yet to see if that will happen though.
Don't worry. I won't take it as investment advice. I will do my own homework, and I will consider it for its pure entertainment value only. :)
Heh, good man. You already know the drill.
Well, according to dragosroua, Coinbase will begin to feature security backed cryptos, whatever those might be, along with the ones they were already selling, and that Black Rock, a big investment fund, is doing what Goldman Sachs said it would do a few months back—form a division to explore crypto trading. I don't know if this is the tip of that yet, but potentially closer to the end of the year.
Right now, I would not be surprised if this is just more playing around, getting our hopes up before squashing them. I would think the institutional money would want it as low as it could go, though, before they showed up, which would have meant, if they were ready, they would've jumped on board at $1.25.
"Don't listen to me. What do I know about any of this. I'm the one who predicted Costco would go out of business back in 1995."
—glenalbrethsen
I'd like it to drop below $1 before it shoots back up for good. Then those who stay will be able to load up on Steem at a good price. Those who aren't committed will leave and those who stay will be able to get rewarded.
I love Costco! Say it ain't so. :)
It was a low moment. I was turning 30, I think, the year of my first pre-mid-life crisis, and I was just not happy with me, or the world. I was talking to a good friend from work and somehow we got onto Costco and I can't even remember if we had a membership yet, but I think we did, and all I could think of was the money we would spend there and I was tired of spending money all the time.
Anyway, the economic forces and the good business practices of Costco were not in my favor for such a prediction. And now they're taking away my polish dogs! If there ever was a time for them to go out of business, just for that treachery, it would be now!
We all get it wrong sometimes. For what it's worth, I'm glad Costco is still around.
What? They're taking away the polish dogs? That's crazy talk! I hadn't realized that was happening. All good things come to an end, I guess. There's always the hot dog. Or you can buy the polish dogs in bulk and grill them at home. Or you can get one of the new healthier options. :P
It's the 'healthier' options that are making the polish dogs go away. For me, it was less about the taste really—they're fine, but I really like German sausage better, but you can't find that as easily—but more about the price. It's really tough to beat a dog and a drink for $1.50.
As it is, hot dogs aren't my favorite food. I just eat them because others like them or the price. You can feed four adults on $6, unless they have larger appetites and you spring for a slice of pizza or something. Still, amazingly cheap. :)
The price really can't be beat. I don't think they've made money on those things for a long time, but people really liked the price so they kept it. Why not, if it's getting people in the door, right? It's called a loss leader.
Hang in there. I hear there are petitions being started to bring the polish dog back. We'll see if it works.
I was trying to say I would probably live longer if there isn't a polish dog. :) I do like it with deli mustard and sauerkraut though. Unfortunately, the local Costco we go to always seems to be out of sauerkraut, so I end up eating the polish dog without it. Because we don't eat enough sauerkraut otherwise to justify buying our own jar of it just so once a month or so I can eat it with my polish dog. That no longer exists. Which will actually allow me to live longer.
I've seen some of the reactions to the polish dog being removed and it's just bizarre how people can be so upset and so attached to it. It's got to be the internet that makes people go berserk over relatively small things. I mean, I think they're tastier than the hotdogs, but it's not all that. It's not worth getting so upset over.
No doubt, though, if Costco is like most businesses these days, they will feel compelled to retract and the polish dog will be restored. And then the vegan backlash can begin and they'll have to get rid of the chicken bake or something. :)
That's pretty much life nowadays. You can't win and if you change anything you'll likely be crucified for it. That's why we can't have nice things, people don't like any change.
I think you're right. I blame the internet too. Ha ha.
By the way, just eat the sauerkraut straight out of the jar. It's delicious! ;)