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Author Topic:   Who's the bigger offender: Conservatives or Liberals?
ringo
Member
Posts: 19530
From: frozen wasteland
Joined: 03-23-2005
Member Rating: 2.8


Message 736 of 767 (893377)
04-09-2022 11:49 AM
Reply to: Message 733 by Phat
04-08-2022 4:07 PM


Re: Phat and gold
Phat writes:

Normally I respect the thinkers here but in the case of global finance you all are clueless.


Insisting that everybody is wrong but you is not a sign of respect.

"I call that bold talk for a one-eyed fat man!"
-- Lucky Ned Pepper

This message is a reply to:
 Message 733 by Phat, posted 04-08-2022 4:07 PM Phat has replied

Replies to this message:
 Message 737 by Phat, posted 04-09-2022 12:13 PM ringo has replied

  
Phat
Member
Posts: 15948
From: Denver,Colorado USA
Joined: 12-30-2003
Member Rating: 1.3


Message 737 of 767 (893378)
04-09-2022 12:13 PM
Reply to: Message 736 by ringo
04-09-2022 11:49 AM


Re: Phat and gold
everyone here tends to dogpile me and say things like "we told you" or "we tried to tell you". I'm just returning the point. Don't be offended...a large majority of people in the United States don't understand finance.

Theodoric seems to think gold is like soybeans and that the dollar determines the price/value of gold. I think that the statement is wrong yet most of you share that view.

Time will tell who understands what and if I live that long I will see reality as it is


"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain "
***
“…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox

“A God without wrath brought men without sin into a Kingdom without judgment through the ministrations of a Christ without a Cross.”
H. Richard Niebuhr, The Kingdom of God in America

“The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).


This message is a reply to:
 Message 736 by ringo, posted 04-09-2022 11:49 AM ringo has replied

Replies to this message:
 Message 739 by ringo, posted 04-09-2022 12:27 PM Phat has taken no action

  
Phat
Member
Posts: 15948
From: Denver,Colorado USA
Joined: 12-30-2003
Member Rating: 1.3


Message 738 of 767 (893379)
04-09-2022 12:15 PM
Reply to: Message 732 by Theodoric
03-29-2022 10:53 AM


Re: Phat and gold
It is down over $100/oz from its high in the last month or about 5%. The Dow jones is up 6% from its low.
Look at the last 30 years. How well did the Dow do?

How was inflation? How well did Gold do?


"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain "
***
“…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox

“A God without wrath brought men without sin into a Kingdom without judgment through the ministrations of a Christ without a Cross.”
H. Richard Niebuhr, The Kingdom of God in America

“The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).


This message is a reply to:
 Message 732 by Theodoric, posted 03-29-2022 10:53 AM Theodoric has replied

Replies to this message:
 Message 740 by Theodoric, posted 04-09-2022 12:34 PM Phat has taken no action

  
ringo
Member
Posts: 19530
From: frozen wasteland
Joined: 03-23-2005
Member Rating: 2.8


(2)
Message 739 of 767 (893380)
04-09-2022 12:27 PM
Reply to: Message 737 by Phat
04-09-2022 12:13 PM


Re: Phat and gold
Phat writes:

everyone here tends to dogpile me....


We don't dogpile you specifically. We dogpile stupidity in general.

Phat writes:

Don't be offended...a large majority of people in the United States don't understand finance.


I'm not offended (and I'm not in the United States). I don't even pretend to "understand finance" but it's pretty clear that you don't.

Phat writes:

Theodoric seems to think gold is like soybeans....


I disagree. I think soybeans are more valuable than gold.

Phat writes:

Time will tell who understands what and if I live that long I will see reality as it is


You've already demonstrated many times in the context of gods that you don't care about reality.

ABE:

And by the way, AGAIN you completely ignored what I said in the post you supposedly replied to. Stop using me as a diving board into the cesspool of your mind.

Edited by ringo, : No reason given.


"I call that bold talk for a one-eyed fat man!"
-- Lucky Ned Pepper

This message is a reply to:
 Message 737 by Phat, posted 04-09-2022 12:13 PM Phat has taken no action

  
Theodoric
Member
Posts: 7316
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 3.0


(1)
Message 740 of 767 (893382)
04-09-2022 12:34 PM
Reply to: Message 738 by Phat
04-09-2022 12:15 PM


Re: Phat and gold
Stocks kick golds ass. Are you not capable of doing basic research? Why do you insist on listening to and following liars and grifters?

https://www.longtermtrends.net/stocks-vs-gold-comparison/


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?


This message is a reply to:
 Message 738 by Phat, posted 04-09-2022 12:15 PM Phat has taken no action

Replies to this message:
 Message 741 by nwr, posted 04-09-2022 12:39 PM Theodoric has taken no action

  
nwr
Member
Posts: 5972
From: Geneva, Illinois
Joined: 08-08-2005
Member Rating: 3.3


(1)
Message 741 of 767 (893384)
04-09-2022 12:39 PM
Reply to: Message 740 by Theodoric
04-09-2022 12:34 PM


Re: Phat and gold
Phat is hopelessly addicted to gambling. He likes gold and silver, because he can gamble with them to his heart's content, while deceiving himself into believing that it is not gambling.

Fundamentalism - the anti-American, anti-Christian branch of American Christianity

This message is a reply to:
 Message 740 by Theodoric, posted 04-09-2022 12:34 PM Theodoric has taken no action

Replies to this message:
 Message 742 by Phat, posted 04-09-2022 3:13 PM nwr has seen this message

  
Phat
Member
Posts: 15948
From: Denver,Colorado USA
Joined: 12-30-2003
Member Rating: 1.3


Message 742 of 767 (893387)
04-09-2022 3:13 PM
Reply to: Message 741 by nwr
04-09-2022 12:39 PM


Re: Phat and gold
Actually the metals keep me from gambling. I can lock them away in a safety deposit box. Even if I had an urge to gamble, I would have to go retrieve them and sell them for less than what I bought them for.

My gambling addiction is stable. I am in group meetings and counseling and plan on staying sober.

In today's risky economy, commodities are no gamble. Sometimes I think that you liberals want fiat money to expand unendingly. You would not mind if all fiat money was under public control. Heck, you might even accept negative real interest rates if social progress were made. Moderates and conservatives want control of their money. No government has full right to do that.


"A lie can travel half way around the world while the truth is putting on its shoes." ~Mark Twain "
***
“…far from science having buried God, not only do the results of science point towards his existence, but the scientific enterprise itself is validated by his existence.”- Dr.John Lennox

“A God without wrath brought men without sin into a Kingdom without judgment through the ministrations of a Christ without a Cross.”
H. Richard Niebuhr, The Kingdom of God in America

“The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of a doubt, what is laid before him.” — Leo Tolstoy, The Kingdom of God is Within You
(1894).


This message is a reply to:
 Message 741 by nwr, posted 04-09-2022 12:39 PM nwr has seen this message

Replies to this message:
 Message 743 by Tanypteryx, posted 04-09-2022 3:43 PM Phat has taken no action
 Message 744 by jar, posted 04-09-2022 4:05 PM Phat has taken no action
 Message 745 by Theodoric, posted 04-09-2022 6:09 PM Phat has taken no action
 Message 748 by ringo, posted 04-10-2022 2:17 PM Phat has taken no action

  
Tanypteryx
Member
Posts: 3296
From: Oregon, USA
Joined: 08-27-2006
Member Rating: 3.2


Message 743 of 767 (893388)
04-09-2022 3:43 PM
Reply to: Message 742 by Phat
04-09-2022 3:13 PM


Re: Phat and gold
Phat writes:

Sometimes I think that you liberals want fiat money to expand unendingly. You would not mind if all fiat money was under public control.

Phat writes:

Moderates and conservatives want control of their money.

So you think it is alright for conservatives to control their money, but not liberals?

Phat writes:

Heck, you might even accept negative real interest rates if social progress were made.

Wouldn't negative interest rates be the opposite of the inflation you are always yammering about? Is negative interest rates getting paid by the lender to not borrow or getting paid by the lender to borrow?

Phat writes:

No government has full right to do that.

Are you sure about that?

You seem to make up a lot of fantasies about what you imagine liberals want.


What if Eleanor Roosevelt had wings? -- Monty Python

One important characteristic of a theory is that is has survived repeated attempts to falsify it. Contrary to your understanding, all available evidence confirms it. --Subbie

If evolution is shown to be false, it will be at the hands of things that are true, not made up. --percy

The reason that we have the scientific method is because common sense isn't reliable. -- Taq


This message is a reply to:
 Message 742 by Phat, posted 04-09-2022 3:13 PM Phat has taken no action

  
jar
Member
Posts: 33904
From: Texas!!
Joined: 04-20-2004
Member Rating: 2.8


(4)
Message 744 of 767 (893389)
04-09-2022 4:05 PM
Reply to: Message 742 by Phat
04-09-2022 3:13 PM


Re: Phat and gold
Phat writes:

Even if I had an urge to gamble, I would have to go retrieve them and sell them for less than what I bought them for.

Yup! That's gold in a nutshell. It's utterly worthless to you. You can't use it and can only bet that it will be worth at least as much as you paid for it when you do have to sell it.

Phat, that is gambling big time.

As others have shown you, commodities including gold do not fare as well as things that actually produce value like investing in stocks. Yet even there, there is no assurance that the stocks will increase in value.

AbE:

Phat, not all that long ago the US actually had safe investments for the average person. They were called "Utilities". The hundreds or thousands of utility companies across the US were "Regulated Monopolies". Each utilities had a specific region that they covered and their rate structure was regulated and based on an allowed return on investment. The utility company was assured to make a profit based on that utilities investment in maintenance and infrastructure. The utility raised funds by selling stock shares and issuing bonds that also had specific yields. The return to investors was not as high as some stocks BUT it was assured and guaranteed.

Utilities were a safe way for the middle and lower income level folk to set aside some money without incurring the risks involved in either stocks or commodity trading.

But guess what the Republicans ended?

Edited by jar, : No reason given.

Edited by jar, : fix "

Edited by jar, : appalin spallin


My Website: My Website

This message is a reply to:
 Message 742 by Phat, posted 04-09-2022 3:13 PM Phat has taken no action

  
Theodoric
Member
Posts: 7316
From: Northwest, WI, USA
Joined: 08-15-2005
Member Rating: 3.0


(3)
Message 745 of 767 (893392)
04-09-2022 6:09 PM
Reply to: Message 742 by Phat
04-09-2022 3:13 PM


Re: Phat and gold
Moderates and conservatives want control of their money. No government has full right to do that.

I don't think you understand the concept of currency.

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?


This message is a reply to:
 Message 742 by Phat, posted 04-09-2022 3:13 PM Phat has taken no action

Replies to this message:
 Message 747 by jar, posted 04-10-2022 9:52 AM Theodoric has taken no action

  
Percy
Member
Posts: 20761
From: New Hampshire
Joined: 12-23-2000
Member Rating: 2.2


(1)
Message 746 of 767 (893395)
04-10-2022 9:20 AM
Reply to: Message 733 by Phat
04-08-2022 4:07 PM


Re: Phat and gold
Please get help.

--Percy


This message is a reply to:
 Message 733 by Phat, posted 04-08-2022 4:07 PM Phat has seen this message

  
jar
Member
Posts: 33904
From: Texas!!
Joined: 04-20-2004
Member Rating: 2.8


Message 747 of 767 (893397)
04-10-2022 9:52 AM
Reply to: Message 745 by Theodoric
04-09-2022 6:09 PM


Re: Phat and gold
Many, many years ago I suggested that Phat should read Mark Twain's Yankee in King Arthur's Court to get an understanding of currency and economy.

In the story Hank is explaining currency and wages to Arthur with just about the same success as we have had explaining it to Phat.

Didn't help.


My Website: My Website

This message is a reply to:
 Message 745 by Theodoric, posted 04-09-2022 6:09 PM Theodoric has taken no action

Replies to this message:
 Message 749 by ringo, posted 04-10-2022 2:23 PM jar has replied

  
ringo
Member
Posts: 19530
From: frozen wasteland
Joined: 03-23-2005
Member Rating: 2.8


Message 748 of 767 (893400)
04-10-2022 2:17 PM
Reply to: Message 742 by Phat
04-09-2022 3:13 PM


Re: Phat and gold
Phat writes:

Actually the metals keep me from gambling.


That's like saying the cocaine keeps you from heroin.

Phat writes:

Heck, you might even accept negative real interest rates if social progress were made.


I'd even accept paying taxes if social progress was made.

"I call that bold talk for a one-eyed fat man!"
-- Lucky Ned Pepper

This message is a reply to:
 Message 742 by Phat, posted 04-09-2022 3:13 PM Phat has taken no action

  
ringo
Member
Posts: 19530
From: frozen wasteland
Joined: 03-23-2005
Member Rating: 2.8


Message 749 of 767 (893401)
04-10-2022 2:23 PM
Reply to: Message 747 by jar
04-10-2022 9:52 AM


Re: Phat and gold
jar writes:

Many, many years ago I suggested that Phat should read Mark Twain's Yankee in King Arthur's Court to get an understanding of currency and economy.


I just started re-reading that the other day.

jar writes:

In the story Hank is explaining currency and wages to Arthur with just about the same success as we have had explaining it to Phat.


Back in the 70's, the construction unions in Saskatchewan (my dad was a member) kept demanding wage parity with Alberta because "otherwise, our members will move to Alberta for higher wages." Finally, they got their wage parity - and almost immediately the Alberta unions demanded an increase because "the cost of living is higher in Alberts."

"I call that bold talk for a one-eyed fat man!"
-- Lucky Ned Pepper

This message is a reply to:
 Message 747 by jar, posted 04-10-2022 9:52 AM jar has replied

Replies to this message:
 Message 750 by jar, posted 04-10-2022 7:51 PM ringo has replied
 Message 754 by Percy, posted 04-12-2022 9:27 AM ringo has replied

  
jar
Member
Posts: 33904
From: Texas!!
Joined: 04-20-2004
Member Rating: 2.8


Message 750 of 767 (893407)
04-10-2022 7:51 PM
Reply to: Message 749 by ringo
04-10-2022 2:23 PM


Why is willfull ignorance so popular?
Why has such a large percentage of the US (and possibly other nations but I'm concerned with the US and possibly France right now) decided to not learn how to think, not learn how to discriminate, not learn how to research, not learn the very basics of their economy, their politics, their theology, their reality, their morality, their history, their Constitution?

Edited by jar, : take out a rampant "."


My Website: My Website

This message is a reply to:
 Message 749 by ringo, posted 04-10-2022 2:23 PM ringo has replied

Replies to this message:
 Message 751 by Theodoric, posted 04-10-2022 7:55 PM jar has taken no action
 Message 752 by ringo, posted 04-11-2022 11:44 AM jar has taken no action

  
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