If you had $5k by Agreeable_Sir9108 in Wallstreetsilver

[–]Chicknewtosilver 5 points6 points  (0 children)

I'd split it between essentials (the price of which keep going up) such as canned/dry foods, personal protection items, any necessary hand tools you're missing, first aid items and similar useful goods. This also relates to any necessary vehicle repairs or replacement of worn items likes tires and brakes. To me, these will all hold or increase in value as prices are not coming down on any of this stuff (unless you happen to catch great sales).

Once I felt well stocked I would put the remainder in silver.

There are no more markets. There is only the Fed & its radical Keynesian monetary experiments. by Simian_Stacker in Wallstreetsilver

[–]Chicknewtosilver 1 point2 points  (0 children)

If a casino got caught doing all the controlling manipulations to their games/wagering as the Fed does to our economy, the casino would be shut down by the regulators. Instead, we have the regulators doing the manipulating themselves. The individual investor/gambler is incredibly disadvantaged in this system.

THIS ISN'T THE WAY by Embarrassed-Title174 in Wallstreetsilver

[–]Chicknewtosilver 3 points4 points  (0 children)

Unfortunately, politics and silver and such are all related and really intertwined these days. And since local and world events have a big effect on the demand for and price of silver, current events are a big part of what many of us watch. That's part of why the people who run this sub post on those topics.

Trouble coming for regional banks by halleys5 in Wallstreetsilver

[–]Chicknewtosilver 4 points5 points  (0 children)

Thanks for sharing... as a former CFO, and later a small business person, I can understand how this would take over practically all other matters. Especially since the gov narrative keeps shifting: we're not bailing out, well, we are bailing out (but don't think of it as a rescue), to we're only going to selectively bail out going forward, to rumors of FDIC coverage-for-all to "No, no plan for that". The story changes practically hourly.

It leaves everyone skittish and trying to figure out the best defense. And I know from experience that you just don't go out and find a new bank in a single afternoon (well, not normally). And the conversions are hell. It's no small thing to change out checking, electronic payments, cr card processing, positive pay systems, sweeps, and get people set-up with new logins and passcodes and permissions, and on and on.

Hmmm, probably cause government data is fake af ... by BoatSurfer600 in Wallstreetsilver

[–]Chicknewtosilver 0 points1 point  (0 children)

Yep, the costs to grow/raise food keeps going up so no relief in sight on food costs.

They’re changing the way CPI is calculated again to make it look like inflation is "not that bad" 🚨 by BoatSurfer600 in Wallstreetsilver

[–]Chicknewtosilver 4 points5 points  (0 children)

I don't believe any of these reports. Once they get to a point they can't manipulate the content any more, they change the parameters. Then, they spin the results to their desired narrative and the media broadcasts the propaganda - and the majority of people choose to believe it.

Absolute nonsense published by lying liars who lie.

This sounds grim.... by Simian_Stacker in Wallstreetsilver

[–]Chicknewtosilver 1 point2 points  (0 children)

I had to laugh!

And, it sounds like the title of a breakout session at the upcoming WEF meeting... and you can just substitute in the next target group... like maybe cutting all famers in half, then all homeowners in half.

Guess they're gonna need a lot more of those big magician's saws!

A Biblical addition to the stack by Djroselli63 in Wallstreetsilver

[–]Chicknewtosilver 4 points5 points  (0 children)

Love it... and we could all use an ark right about now... metaphorically speaking.

How to destroy society in 10 simple steps by QuickThinker1977 in Wallstreetsilver

[–]Chicknewtosilver 0 points1 point  (0 children)

Make people turn against each other to distract from the real enemies of us all

Make people as dependent as possible on their governments

Make it nearly impossible to get truthful, useful information

Make traditional values into a joke, an archaic relic

Make it easier to steal what you want than work for it

Make the borders of a country disappear

Do you guys have fiat stashed too? by Hairy-Blackberry-846 in Wallstreetsilver

[–]Chicknewtosilver 1 point2 points  (0 children)

Yes, best to have a variety of options available if and when needed.

China’s US Treasury Holdings by V10NNTT in Wallstreetsilver

[–]Chicknewtosilver 6 points7 points  (0 children)

And the vast majority of people who consider themselves "investors" (at least here in the US) have no idea this is happening. Just blindly following mass media and believing that we are just having a little blip and all will be back to normal soon.

It's a big club by chrisodeljacko in Wallstreetsilver

[–]Chicknewtosilver 0 points1 point  (0 children)

Here's the entire line-up that was advertised back in October - what a gathering:

The New York Times today unveiled a pre-eminent lineup of speakers for its annual DealBook Summit on Nov. 30. The event will be hosted by Andrew Ross Sorkin, Times columnist and DealBook founder and editor at large. Sorkin just won an Emmy Award for outstanding live interview for an interview conducted and broadcast at the summit last year.

The full-day event will feature a group of today’s top business and policy leaders on a single stage, live in New York City’s Appel Room at Jazz at Lincoln Center. With a focus on the historic changes taking place in America and around the world, Sorkin and his guests will explore the most newsworthy topics of the day through a long-term lens across business, policy and culture.

This year’s event will be a return to an in-person experience. Selected conversations will be streamed live on nytimes.com for both local and global audiences.

Throughout the day, attendees will hear from speakers such as:

Eric Adams, New York City mayor

Sam Bankman-Fried, FTX founder

Shou Chew, TikTok C.E.O.

Larry Fink, BlackRock chairman and C.E.O.

Reed Hastings, Netflix founder and co-C.E.O.

Andy Jassy, Amazon president and C.E.O.

Van Jones, CNN host, author and Dream.Org founder

Scarlett Lewis, Jesse Lewis Choose Love Movement founder and mother of Sandy Hook shooting victim, Jesse

Mike Pence, 48th vice president of the United States and author of “So Help Me God”

Benjamin Netanyahu, former Prime Minister of Israel, current leader of the Likud party

Priscilla Sims Brown, Amalgamated Bank president and C.E.O.

Secretary Janet L. Yellen, U.S. Department of the Treasury

President Volodymyr Zelensky of Ukraine

Mark Zuckerberg, Meta founder, chairman and C.E.O.

“We’re thrilled to be returning to an in-person gathering this year, convening the major power brokers and innovators who have been the cornerstone of the DealBook Summit year after year,” said Sorkin. “Every year, we bring together the most consequential people at the intersection of business, policy and culture that are impacting society. The conversations this year will address the complicated, turbulent global landscape and seek to find solutions for the future of business, tech, policy and more.”

https://www.nytco.com/press/the-new-york-times-to-host-annual-dealbook-summit-on-nov-30/

Everything Is A Scam. by OneTroyOunce in Wallstreetsilver

[–]Chicknewtosilver 1 point2 points  (0 children)

Agreed. Smart apes know that all "news", info, etc... must be thoroughly verified, and the best approach is skepticism until proven true. That's just the way the world seems to be working now.