I have a pretty good feeling you've already read my posts...
My PC Theory will solve all our problems... Trust me...
@pocketechange
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I have a pretty good feeling you've already read my posts...
My PC Theory will solve all our problems... Trust me...
@pocketechange
Yes, I am PC Theory aware. The rumor / conspiracy theory is that Trump will sign a new dollar policy on 1/1/2018. We'll see. I'll keep pocket change until after start of next year - no more taking it in to bank until later.
Way to go... I was starting to feel like my words were being discarded...
You just gave me extra confidence in what I've been saying...
Thank you...
@pocketechange
The point is that there is no downside to holding pocket change. It's a pain in the but to exchange anyways. So, if you are right, it's a Win - Win - Win - Didn't waste time hauling to bank, increased value, increase wealth. If you are wrong, there's no loss.
Also, I diversify on a number of avenues, keeping all routes to wealth open. God - check! Career - check! Silver - check! Gold - check! Stocks - check ! Cryptos - check! Pocket Change - check! Property/Real Estate - check! Survival Skills - check! Cover ALL the bases - check!
I love seeing people cover all the bases...
I'm pretty much doing the same...
Thanks for commenting again...
@pocketechange
You will do well by "default" as pocket change is in reality dollars...and teh dollar will be one of the world's two safe havens. "Expect" an appreciation in the dollar of at least 25% over the next 12 months...taking your pocket change along for the ride.
Three questions Joe -
U.S. treasury debt. But there is still time for that. You will see the bank stocks rally one more time as "market driven" interest rates rise. You can simply track ticker FAZ. When it makes a new 52 week low then U.S. treasuries will at least be gettig close to a long term buy and hold. Not even sure the dollah will be a long term buy and hold here...but I am targetig 24.75+ for UUP. So putting your dollar into dollars over the next month or so will generate a 5%+ gain....waaay better than the bank. Look for my bottom call at my blog on UUP. In the end one of the banks will be the catlist for the market crash...and it'll probly be a bank out of the Eurozone before a U.S. bank. DB is a great candidate.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=db&x=61&y=13&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
Thanks for the response. I'll keep an eye on FAZ and DB.
DB is going to be tuffer to guage. Banks in general actually. They are similar to the precious metals sector. They tend to leave highs that "should be" breached but fail to do so. Gold is easy to figger out. It has been "telegraphing" the coming GREAT deflation since 2011. The banks failed to even come close to pre 2008 levels. Why is that? becuz the Wall St moneyrunners understand that the very entities they work for are already bankrupt. Here's BAC, which will be the first money center bank to go belly up. It "should" trade thru 25.90...but will it? I certainly wouldn't bet on it.
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=bac&x=50&y=11&time=13&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11