RE:RE:RE:RE:RE:RE:RE:The Supreme Court is the Source of this Civil Unrest
R_J_ wrote: "Does any of the above have anything to do with kl rj?"
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RJ, SPECULATOR
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In a rational word, I would not invest in gold.
To me investing is one of life’s noble activities.
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However, due to the disintegration, investing seems impossible.
For example, the S&P 500's price to earnings [P/E] ratio is more than 25 during this 21st century.
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My grandfather [RIP], whose second income was real estate speculation, would say that a piece of real estate was worth about ten years rent.
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This 10 to 12-P/E ratio has been the rule for evacuations for centuries.
It has been the rule for the S&P for the whole 20th century
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At its current P/E of 25, the market is ridiculously overpriced, and participation in it is irrational.
To get the giggles, Amazon has a P/E of 101.
It would take you a hundred years of rent, not the traditional ten, to get your money back.
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To me, the only rational alternative left, is become a speculator rather than a noble investor.
Investing is about earnings and earnings growth.
Speculating is different. It is a bet that the price of some thing will be different in the future.
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The most obvious speculation in today’s environment is to speculate in gold.
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A position in gold is basically a bet against the State.
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I am here to speculate on the disintegration of the State.
The Second Law of Thermodynamics implies this strategy is invincible.
Nature [science & truth] is on our side.
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A bet on KL., and other gold miners, is a bet against the State.
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So, as a Speculator in gold, I am interested in delightfully watching the disaster.
Disaster is what we’re after. ~ Bonnie Bloomgarden
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[ I am proud of the two new songs that Bonnie just wrote. Perhaps I can somehow post them.]
[ LOL - Bonnie asked me if I personably knew Margaret Channon, the Joan of Arc - Maid of Seattle, hero. Actually I am not involved with ANTIFA at that level. ]
[However I will do whatever I can to help Margaret.]
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Viva la Revolucion!
Actually, I have little interest in Geology.
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By the way, we have very little to do with the market or the brokerage system.
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Almost all our purchases are done through private placement.
We give our money directly to the gold mining companies to put into their treasuries.
In exchange, we are given shares that are directly issued to us from the gold company.
In gratitude, they also issue us warrants.
They all stay in our safe, and no broker is ever involved.
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So, unlike most, our money is directly used for turning the dills and stuff.
For the second time in a week, we had to get up before noon to make wire transfers to two gold mining company’s Canadian bank account.
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For me, this is a bit tedious.
The international wire mechanism closes down at 1:00 P.M. Pacific.
It took the teller, by special appointment, an hour to do it.
And the fees amount to about $100 each.
[Oh, are we looking forward to the new world of Bitcoin.]
I went back home and went back to bed, I just woke back up to write this.
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RJ
In the gulch we drill with diamond drill bits, not dill pickles so cal boy. Good thing your grand daddy set up a trust fund for we.
TT