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RE: (VIDEO) Houston... The Fed. Has Big Problems..... By Gregory Mannarino
They sure haven't be telling us to hold Physical Pocket Change...
By the way... It "is" possible to pay back the Debt and Interest...
You keep forgetting about the CENTS...
We have both "Dollars" & "CENTS"""
@pocketechange
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You never gave me your opinion on my theories. Do you at least see the possibility that plunging stock prices take dollars away from the system...and simple laws of supply and demand do the rest? It would make dollahs more valuable if prices of ALL assets collapse. Or you just don't believe in basic economics of "real" markets? ...which is the ability of me to tell you that your pocket change theory isn't worth the price of a $2 Ebook. Go ahead and start peddling $2 Ebooks...Greg can't survive doing that if he doesn't post a winning trade soon. Let me know how you do. :-)
Someone paid Money for those plunging stock prices... The money is still in the System, but just in someone else's hands...
If there's a small supply with a large demand, I hope you're the one holding onto the supply...
I'm not seeing a "Collapse"... I'm seeing Prosperity heading our way, the likes of which we haven't seen in our entire life time...
I'm sorry to see you're not impressed with my PC Theory... I'm not currently looking for a job selling books of any kind...
My new motto is to have Fun, Fun, Fun... I pretty much go out as many days or nights of the week I choose...
To be honest with you, the last time I was at the Bank, I asked for 100, One Dollar Coins after paying for them with a Piece of Paper...
I think I made a very good deal and without paying any Premium on my Physical Pocket Change...
Even if my PC Theory is totally wrong, at least I have some U.S. Coinage, outside the Banking System when they Shut their Doors and do whatever they need to do, in order to Survive...
@pocketechange
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Sure, the guy who just sold AAPL at $162 (per my "suggestion" I might add...as I issued a sell call on AAPL at that price here at steemit) who switched to U.S. dollars or "parlayed" it into something that will create even more dollars will benefit.But the guy who sold AAPL and bought BTC shoulda just stuck with AAPL...no? :-) He's losing more money in BTC than he would have by just holding AAPL the past 2 weeks...worse yet, since just Mon when Mallox mannarino said to buy AAPL...that's a "fact...period!!!" as Greg himself would Shirley say.
Your transaction at the bank was an exchange of equal values unless you got lucky and picked up a dollar coin with numismatic value greater than the price of the coins. In general those coins are all pre 1970 coins. Those will actually depreciate in value as will all "collector" items. Sounds like you are simply trading dollars for dollars and if that the bulk of your investment world then you have little to worry about. Yes, I plan to have plenty of dolars as they increase in value. I actually plan to "leverage" the missallocation of funds by placing small bets that some dollars are about to be eliminated from current "perceived" values. I have and will continue to spew thos great opportunities as I see them. I do more to bring America to the bedrock it needs to reach in order for a strong rebuilding process to begin than anyone out there. In fact, if you can find someone who does more than me then please let me know...and I will follow them. I can't follow you since I already am your future "reality"...sorry >>> :-(
The Present bears Witness of the Past,
and the Future shall make all things Clear...
@pocketechange
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The actual truth is that those who failed to learn from the past are doomed to repeat it....as the past always returns. Life in general is nothing more than cycles. :-)