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Author | Topic: Who's the bigger offender: Conservatives or Liberals? | |||||||||||||||||||||||||||||||||||||||
Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2
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This is one of the best self-owns I have seen in a while. But then again I seem to remember that self-awareness was never one of your strong suits.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2 |
Psychobabble?
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2
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Where do you find these idiots?
Barratta is just trying to sell gold futures to the rubes. You didn't put all your retirement into gold did you? What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2 |
One reality exposed in the video is the fact that the human brain cannot process a Black Swan event. Until it happens.
Because that is what it is by definition. So you are going to plan your life because some shyster produced a video about something that probably won't happen and if it does there is nothing you can do about it.Go ahead buy more gold. He needs the commissions. What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2
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You can tell a stupid argument from an idiot. This guy is a NewsMax financial contributor. His business is selling gold. I am not going to listen to propaganda. By virtue of what a Black Swan is by definition, he can not tell me how to prepare for it.
He is not an economist. He is a washed up actor that learned to sell gold. It is perfectly fine to dismiss and belittle people that are full of shit. I will listen to the experts instead of the charlatans trying to make a buck off of me. And no, I'm not that gullible.But I think you are wrong about the Fed having more tools to fight inflation.
What you think is meaningless. The reality is the Fed does.
We have backed ourselves into our own financial corner.
No. Lack of regulation and lack of taxation of the very wealthy have made things very challenging. Damn. You are heavily invested in gold arent you. Oh well. Edited by Theodoric, : fix sentenceWhat can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2 |
What a real economist has to say.
Times are gonna be tough. The whole world will take a hit, but we will get through this and we have seen worse in the past. Fuck your Black Swan. Ok that last part was me. Nothing you can do it about so quit worrying Krugman on what’s coming – Digby's HullabalooWhat can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2 |
I am tempted to start a topic on why investing in gold is so utterly stupid, but not worth it.
I have a doomsday prepper friend who has invested in gold. I asked how he is going to access his gold when the shit hits the fan. He said he can have it shipped to him whenever he wants. So when the world goes to shit he is trusting UPS is going to get his gold to him. I guess he has a bit somewhere on his property too. So my next question was what is he going to do with the gold when the world goes to shit. He truly thinks he will have a valuable commodity. When the world goes to shit gold is going to be worthless, except to idiots like him. What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2
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If it is post-apocalypse and I have food and some dude comes up with gold to trade for the food I would laugh at him. What is the gold good for? The only reason I can see to have gold in a situation like that is that there will still be gold bugs that would trade useful things for gold.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2
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Read the full story. The people are paid in gold because that is what is mined locally. It is not people that were holding gold as an investment. This is a very localized phenomenon. To see Venezuela has a functioning economy is generous at best.
There is no similarity between what is happening in Venezuela and gold as an investment vehicle. In Venezuela, people break off flakes of gold to pay for meals and haircuts | Financial PostWhat can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2
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Gold is not a standard for anything. Fiat currencies are not linked to gold. The price of gold fluctuates daily relative to the dollar. The dollar does not fluctuate relative to gold.
Do you want to get into a discussion on intrinsic value? Your 19th century understanding of the economy and finance is so cute.What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2
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Finally answer me this. Why is the accepted value of gold (worldwide) based on dollars? What an extremely silly question. The US dollar is the default world currency, because of its stability. Gold prices have no effect on the value of the dollar.Gold is a commodity not a standard. Facts Phat.The Fed - Does the Federal Reserve own or hold gold?. There is also a huge difference between nations holding gold reserves and individuals investing in gold, gold futures and gold mining stocks. Did they get you into mining stocks too?What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2
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As a quick aside I live on Moonshine Road.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2 |
Minutes turn into hours and hours into days.
What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2
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And we may survive them.
And that is probably what we should fear. Surviving.What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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Theodoric Member Posts: 9489 From: Northwest, WI, USA Joined: Member Rating: 6.2 |
even though precious metals may preserve your value of what little
You do realize precious metals fluctuate in value and do not always increase in value, don't you?What can be asserted without evidence can also be dismissed without evidence. -Christopher Hitchens Facts don't lie or have an agenda. Facts are just facts "God did it" is not an argument. It is an excuse for intellectual laziness. If your viewpoint has merits and facts to back it up why would you have to lie?
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