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RE: HODL is for chumps (video/podcast)

in #investing6 years ago

I'm not so sure about the dollar. I mean, nothing lasts forever, but as I said, people have been saying the end is near from before 1980. I made this video in response to what you said about it.

Let me know what you think. I guess the key part of my case is, what's to stop them turning it into something a bit different just like they did in 1944 and 1971?

Thanks for the info about manipulations. I do remember hearing that stuff about PM especially. One organisation, might have been JP Morgan, got caught out with rehypothecation, and their response was "yeah... so what? Everyone is doing it." I always like to hold physical when I can, and never silver certificates or the like.

I remember the day I walked into National Australia Bank and asked about gold certificates and the woman put on a smirk of disbelief and said she'd never heard of it. Some bank, right? In the end, that was the best thing she could have said to me.

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