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Quoted: Same, our savings is the highest it's ever been. I'm scared to keep in in there though because it's getting rapidly devalued. We need to move it into some form of hedge. View Quote I think God invented two such hedges you speak of, what were they called again, hmmm. OH YES, GOLD AND SILVER |
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I love how these Stimulus Check threads always turn into a GD Humble Brag thread.
"I make too much to get those checks. Sorry about your paltry earnings, Old Chap." |
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Quoted: I think God invented two such hedges you speak of, what were they called again, hmmm. OH YES, GOLD AND SILVER View Quote No one gives two flips about gold anymore, much less silver. Gold had lost it's status as an inflation hedge to bitcoin. It's literally not tracking anymore and has not been for some time. If things get bad enough to where you are pulling out gold and silver coins, you will have plenty of other more important issues. |
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Quoted: No one gives two flips about gold anymore, much less silver. Gold had lost it's status as an inflation hedge to bitcoin. It's literally not tracking anymore and has not been for some time. If things get bad enough to where you are pulling out gold and silver coins, you will have plenty of other more important issues. View Quote View All Quotes View All Quotes Quoted: Quoted: I think God invented two such hedges you speak of, what were they called again, hmmm. OH YES, GOLD AND SILVER No one gives two flips about gold anymore, much less silver. Gold had lost it's status as an inflation hedge to bitcoin. It's literally not tracking anymore and has not been for some time. If things get bad enough to where you are pulling out gold and silver coins, you will have plenty of other more important issues. Red Gold: China’s Stealth Plan to Use Gold for World Domination |
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Quoted: I've seen some ugly shit on ARFCOM but these threads with a supposedly Conservative-leaning membership wanking off over stimmy checks when you all know exactly what they are really about is nauseating. I guess a legal immigrant to this country, that saw it as a shining light of freedom, opportunity, and right-thinking ideals, who strived, worked, paid, and went through all the hoops to be here, who took the Oath of Allegiance and sang the National Anthem at the citizenship ceremony with tears in my eyes, who looks back on that day as the proudest day of my life, are actually more American than actual American-born Americans who are too fat dumb and happy, too short sighted, too easily bought-off, and have such thin morals that they throw their country under the bus for a wealth redistribution check from the government. I guess it's true; you get something for free, you take it for granted. You work for it, then you value it. Usually applied to ice cream not national pride and patriotism though. I'm more American than most of you here. And I can shoot better and banged some of your finest. There, I fucking said it. View Quote You are exactly right. Our society is broken....right down to many of the memberships here Sad huh. might even say I ll take a check a month and you can have my scary black rifle |
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Another "stimulus" check I won't be getting because I'm a 'rich' man.
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Quoted: Any ideas? We’ve thought about home upgrades to offset a housing crash against our mortgage. I’ve thought about a tractor for land improvements and earning potential when shot starts going south. Housing prices are high so investment properties are out, I’m not fucking with the stock market right now and at this rate they are going to have to mess with 401k’s to bail out their own policies. Devalued or not at least cash is fast and easy. Stumped on what to do. View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: Oh for fucks sake. Due to a booming local economy, overtime and all this we’ve seen unemployment and down to zero cash savings to 46k in savings just in the last year. I’m hardly spending anything because most of what I would buy is horribly inflated right now from all this. I guess I’ll just continue to hold cash? WTF. Same, our savings is the highest it's ever been. I'm scared to keep in in there though because it's getting rapidly devalued. We need to move it into some form of hedge. Any ideas? We’ve thought about home upgrades to offset a housing crash against our mortgage. I’ve thought about a tractor for land improvements and earning potential when shot starts going south. Housing prices are high so investment properties are out, I’m not fucking with the stock market right now and at this rate they are going to have to mess with 401k’s to bail out their own policies. Devalued or not at least cash is fast and easy. Stumped on what to do. Buy a tractor. Kubota has 0% for 60-84 months now. I bought one and it’s great. I am stumped too but my strategy is to get my company match. Then pay off debt and buy land around my existing property. Buy stuff now that I can keep for a long time and enjoy with my family. Tractor, land, boat, pool, home upgrades, tools, older reliable vehicles that I can work on and that have solid drive trains. Preparing to live on one income and send kids to church/private school. |
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Quoted: Time to get groceries. https://www.ar15.com/media/mediaFiles/33281/somali_wheelbarrow_jpg-1885185.JPG View Quote They'll figure a way to save us from having to exchange worthless currency for priceless food. Like printing all future currency on potato chips. The act of eating chips removes them from the money supply, creating deflationary pressure on the currency as well as shifting inflationary pressure to our fat asses - which also solves the socialism starvation problem. I should work for the Biden Administration. I'm a genius. |
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Quoted: I've seen some ugly shit on ARFCOM but these threads with a supposedly Conservative-leaning membership wanking off over stimmy checks when you all know exactly what they are really about is nauseating. I guess a legal immigrant to this country, that saw it as a shining light of freedom, opportunity, and right-thinking ideals, who strived, worked, paid, and went through all the hoops to be here, who took the Oath of Allegiance and sang the National Anthem at the citizenship ceremony with tears in my eyes, who looks back on that day as the proudest day of my life, are actually more American than actual American-born Americans who are too fat dumb and happy, too short sighted, too easily bought-off, and have such thin morals that they throw their country under the bus for a wealth redistribution check from the government. I guess it's true; you get something for free, you take it for granted. You work for it, then you value it. Usually applied to ice cream not national pride and patriotism though. I'm more American than most of you here. And I can shoot better and banged some of your finest. There, I fucking said it. View Quote You should know from history the empire is declining. The country has been thrown under the bus for multiple generations, going back to at least FDR. I see the stimulus checks as one mean right now, the collapse. They keep kicking the can, so let's get the party started and rebuild. |
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The ONLY thing this "stimulus" is about is PUNISHING the "have's" and rewarding the "have nots". It objectively has nothing to do with covid, and is a classic redistribution of wealth scheme. This country is fucked and will never recover.
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Well atleast my free trial of socialism is going to pay for the birth of my baby it seems
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Raggedy Ann says a lot of things but that does not make them so.
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Quoted: lol....I keep seeing people posting about new guns and NODS and I'm over here like, yep....I'll apply that towards the bills coming from my surgery. View Quote Mine was used to pay bills from my hospital visit last month when I fucked up my stomach. I know GD doesn't give a fuck but it really helps me a lot, I'd be really fucked right now without the stimulus. |
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Quoted: I've seen some ugly shit on ARFCOM but these threads with a supposedly Conservative-leaning membership wanking off over stimmy checks when you all know exactly what they are really about is nauseating. I guess a legal immigrant to this country, that saw it as a shining light of freedom, opportunity, and right-thinking ideals, who strived, worked, paid, and went through all the hoops to be here, who took the Oath of Allegiance and sang the National Anthem at the citizenship ceremony with tears in my eyes, who looks back on that day as the proudest day of my life, are actually more American than actual American-born Americans who are too fat dumb and happy, too short sighted, too easily bought-off, and have such thin morals that they throw their country under the bus for a wealth redistribution check from the government. I guess it's true; you get something for free, you take it for granted. You work for it, then you value it. Usually applied to ice cream not national pride and patriotism though. I'm more American than most of you here. And I can shoot better and banged some of your finest. There, I fucking said it. View Quote This is how Republics and empires fall, friend. The Roman Republic's fall started with the corn dole. Our's started with the money dole. (Social security, welfare, stimulus) We now either: Fall into dictatorship like Rome's republic, Split in two (or more) like the Roman empire under Diocletian and trundle on for a couple hundred more years as a stagnant power. Get consumed and destroyed by inept rule, debased currency, barbarian migration and degradation of the citizenry's moral fiber - leading to a lack of societal will to stop its own demise like the Western Roman Empire. Some don't want us to continue the slow, creeping decline. They want to see a rapid collapse and renewal into a new American Republic. Although I truly want to believe that and will work toward it, I think it's a pipe dream, A noble, doomed effort. If you look back into history to Rome after Augustus' death, they had a chance to return to the Republic. The senate and the citizenry by that time, having lived under an Emperor for decades, didn't even consider not appointing a new Emperor. There were no longer any Senators on the level of a Cato (elder and younger), Camillus, Scipio (Africanus and Amelianus), Fabius, Cicero, Publicoa or the original Brutus whose bedrock could a Republic be built. The will to lead was bred out of them. Our noble representatives, far from Washingtons, Jeffersons and Madisons, look more like Byzantines circa 1400's, more concerned with palace intrigue and looting the treasury than defending the empire from conquest. We're heading for collapse and Authoritarian Rule of one stripe or another. I pray I'm wrong but it's either Communism or Charlemagne. Where will it go? "To the strongest" |
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Quoted: No one gives two flips about gold anymore, much less silver. Gold had lost it's status as an inflation hedge to bitcoin. It's literally not tracking anymore and has not been for some time. If things get bad enough to where you are pulling out gold and silver coins, you will have plenty of other more important issues. View Quote Say the last bit slowly, then the first bit. Then ponder how that's not a hedge. |
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I get the anger but admit America is over and has been for awhile. So might as well turn those government tendies into (in my opinion most important thing to own to the least important) knowledge, a firearm, ammo, preps, armor, firearm accessories. You can't eat without food, you can't protect your food without a gun, you can't do any of that without knowledge of best firearm for protection, best food to store for short term (can goods, gardening, livestock) and long term (canning, increasing your crop and livestock yields for the subsequent years), can't protect your food with a gun if you're bleeding (should probably have knowledge of stopping bleeding before you get to that point of needing to stop the bleeding hence knowledge).
If you have the above covered maybe put towards house repairs, then debt, precious metals (as a hedge against inflation), then retirement. Basically use the money wisely. Don't be like the sheep running to Walmart to buy the newest biggest tv and gaming console. Don't spend it on foolish shit. |
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DGAF.
It goes in the account to be invested in Iron,Lead, Steel, and shit that maintains value or is scarce. Govt. steals value of the dollar, because stealing Dollars is a crime, and the fuckers don't even have to break a sweat and get off their ass, like an honest criminal does. The Dollar is a promise....same as "I won't come in your mouth" to a whore. That check will show up as taxable income, and unless invested smartly, can break a bracket. The Geeks on the taxpayer dole have a number that puts the Stim checks into a positive for revenue, or they would have have simply dropped all the Covid restrictions instead. That said...Press releases and statements from Diaper Joe and his dipshits, mean nothing. Retarded Rats on Acid and Coke, have more reliable patterns. |
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Quoted: Mine was used to pay bills from my hospital visit last month when I fucked up my stomach. I know GD doesn't give a fuck but it really helps me a lot, I'd be really fucked right now without the stimulus. View Quote View All Quotes View All Quotes Quoted: Quoted: lol....I keep seeing people posting about new guns and NODS and I'm over here like, yep....I'll apply that towards the bills coming from my surgery. Mine was used to pay bills from my hospital visit last month when I fucked up my stomach. I know GD doesn't give a fuck but it really helps me a lot, I'd be really fucked right now without the stimulus. It's a complicated issue....and GD isn't known for it's ability to handle nuance In principle I'm 100% against them, if I was king they never would have been sent out, mainly because the country wouldn't have been shut down at all.....so there would be no excuse to do it to begin with. At the end of the day, my wife's business was completely shut down for 5 months, allowed to run at 25% capacity for 2 months and now for the last month or so has been allowed to be open at 100%....that was hell of a financial hit to us. We obviously could have survived without the stimulus because it honestly wasn't enough to even come close to offsetting her lost income. At the end of the day, we'll use the money to help with the massive amount of medical bills that are starting to roll in. Good news is that I'll hit my out of pocket max for insurance early in the year, so insurance is footing the bill at 100% for everything else the rest of the year. |
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Since inflation is going to happen I think I want ubi and buy food with it.
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Quoted: The strange part is that many who are not getting checks, are not rich. (myself included) We just have no dependents, aren't married yet, and have a solid upper-middle class income. View Quote I got the full amount x3, me, wife, son. If I was single and no kid I wouldn't have got anything based on my income. |
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Quoted: This is how Republics and empires fall, friend. The Roman Republic's fall started with the corn dole. Our's started with the money dole. (Social security, welfare, stimulus) We now either: Fall into dictatorship like Rome's republic, Split in two (or more) like the Roman empire under Diocletian and trundle on for a couple hundred more years as a stagnant power. Get consumed and destroyed by inept rule, debased currency, barbarian migration and degradation of the citizenry's moral fiber - leading to a lack of societal will to stop its own demise like the Western Roman Empire. Some don't want us to continue the slow, creeping decline. They want to see a rapid collapse and renewal into a new American Republic. Although I truly want to believe that and will work toward it, I think it's a pipe dream, A noble, doomed effort. If you look back into history to Rome after Augustus' death, they had a chance to return to the Republic. The senate and the citizenry by that time, having lived under an Emperor for decades, didn't even consider not appointing a new Emperor. There were no longer any Senators on the level of a Cato (elder and younger), Camillus, Scipio (Africanus and Amelianus), Fabius, Cicero, Publicoa or the original Brutus whose bedrock could a Republic be built. The will to lead was bred out of them. Our noble representatives, far from Washingtons, Jeffersons and Madisons, look more like Byzantines circa 1400's, more concerned with palace intrigue and looting the treasury than defending the empire from conquest. We're heading for collapse and Authoritarian Rule of one stripe or another. I pray I'm wrong but it's either Communism or Charlemagne. Where will it go? "To the strongest" View Quote An interesting analysis. One fault I see in it, with all due respect, is that past societies never had access to technocratic communication tools and media, quickly and evenly spread to rich and Poors alike. No historian has anything to truly compare with what is coming. I guarantee it won't look like anything we've known before. |
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Quoted: Say the last bit slowly, then the first bit. Then ponder how that's not a hedge. View Quote A hedge is not the same as a shtf let's switch back to the gold standard scenario. A hedge is intended to either maintain or accrue value in an market where inflation is rampant and equities decline. The best place for your money to be in the beginning is the market, as we have seen the free money pumping values up. Gold declines or stagnates here. The next is the flee of capital from the biggest winners during the market pump as inflation fears take hold, gold typically begins to win here but this is where are at now and gold is not winning. Instead, bitcoin has displaced enough of the gold market to where gold will not gain value typical of inflationary periods despite the looming inflation. Now, if inflationary fear and some other market and geopolitical factors leads to market collapse, not just pullback, but collapse - gold, silver and bitcoin are worthless. Hedges are meant to help you up to the last mile of real bad shit. Bitcoin now supplants gold and silver up to the last mile. When you get past that threshold, the only things that have value are prepper type supplies and skills. |
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Quoted: The ONLY thing this "stimulus" is about is PUNISHING the "have's" and rewarding the "have nots". It objectively has nothing to do with covid, and is a classic redistribution of wealth scheme. This country is fucked and will never recover. View Quote I read this whole thread to say this. Next time post on the first page newby so I won't have to read so much. |
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Quoted: I read this whole thread to say this. Next time post on the first page newby so I won't have to read so much. View Quote View All Quotes View All Quotes Quoted: Quoted: The ONLY thing this "stimulus" is about is PUNISHING the "have's" and rewarding the "have nots". It objectively has nothing to do with covid, and is a classic redistribution of wealth scheme. This country is fucked and will never recover. I read this whole thread to say this. Next time post on the first page newby so I won't have to read so much. Once the old "have nots" become the new "have's" based on redistribution....will we need to start the cycle over again and redistribute to the new "have nots"? |
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Quoted: Once the old "have nots" become the new "have's" based on redistribution....will we need to start the cycle over again and redistribute to the new "have nots"? View Quote View All Quotes View All Quotes Quoted: Quoted: Quoted: The ONLY thing this "stimulus" is about is PUNISHING the "have's" and rewarding the "have nots". It objectively has nothing to do with covid, and is a classic redistribution of wealth scheme. This country is fucked and will never recover. I read this whole thread to say this. Next time post on the first page newby so I won't have to read so much. Once the old "have nots" become the new "have's" based on redistribution....will we need to start the cycle over again and redistribute to the new "have nots"? I can fuck my own head up without your help. |
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Quoted: This is how Republics and empires fall, friend. The Roman Republic's fall started with the corn dole. Our's started with the money dole. (Social security, welfare, stimulus) We now either: Fall into dictatorship like Rome's republic, Split in two (or more) like the Roman empire under Diocletian and trundle on for a couple hundred more years as a stagnant power. Get consumed and destroyed by inept rule, debased currency, barbarian migration and degradation of the citizenry's moral fiber - leading to a lack of societal will to stop its own demise like the Western Roman Empire. Some don't want us to continue the slow, creeping decline. They want to see a rapid collapse and renewal into a new American Republic. Although I truly want to believe that and will work toward it, I think it's a pipe dream, A noble, doomed effort. If you look back into history to Rome after Augustus' death, they had a chance to return to the Republic. The senate and the citizenry by that time, having lived under an Emperor for decades, didn't even consider not appointing a new Emperor. There were no longer any Senators on the level of a Cato (elder and younger), Camillus, Scipio (Africanus and Amelianus), Fabius, Cicero, Publicoa or the original Brutus whose bedrock could a Republic be built. The will to lead was bred out of them. Our noble representatives, far from Washingtons, Jeffersons and Madisons, look more like Byzantines circa 1400's, more concerned with palace intrigue and looting the treasury than defending the empire from conquest. We're heading for collapse and Authoritarian Rule of one stripe or another. I pray I'm wrong but it's either Communism or Charlemagne. Where will it go? "To the strongest" View Quote |
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