2020 Collapse

Discussion in 'Markets & Economies' started by TreasureHunter, Dec 8, 2019.

  1. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Just go and have a drink and stop worrying.
     
  2. whay

    whay Well-Known Member

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    Cheers mate!

    Cheers.jpg
     
  3. alor

    alor Well-Known Member Silver Stacker

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    order rubber gloves now and received them in 2022
    longer wait than metals
     
  4. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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  5. TreasureHunter

    TreasureHunter Well-Known Member

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  6. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Yep have a drink and stop worrying. Worrying does us no good. Preparing and living a full life is all we can do at this point.
    Years ago I took steps to vaccinate myself from the IRS to financially free myself and now I'm about to take on the county and whoop them in their own courts since they dont respect private property rights. There are steps we can take everyday and small battles we can win for our freedoms and it all counts. You cant ever give up on that.
    There are many things worse than death.

    The fight is only just starting and nothing is over yet. Our futures are worth it.
     
  7. Davros10

    Davros10 Well-Known Member Silver Stacker

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    I'd love to hear the full story and progress.
     
  8. TreasureHunter

    TreasureHunter Well-Known Member

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    All those shiny glass & steel metropolises will turn into Detroits.

    Seattle is one of them. New York is the bigger apple.

    It's not just Corona, but how they deal with it. Now, many companies have discovered the benefits of distance working and are not willing to pay expensive rent for office space.

    The ones who recognize this and exploit the opportunities will have to gain from it, but entire cities and countries will collapse.

    Office real estate business is half-dead.
     
    Last edited: Jul 7, 2020
  9. Timmy88

    Timmy88 Active Member Silver Stacker

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    Office and retail real estate is defiantly on a downward spiral.

    I have noticed of late a lot of prominent building is A+ locations and iconic buildings that you would expect never to change hands coming on the market.
    Some in the big big money, like David Jones original building changing hands at 160 mil and plenty of smaller ones in traditional blue chip stronghold areas.

    I think the smart money has diversified over to warehouse/factories, as this is more likely where I see having some demand in long term.
    You really get a hell of alot more bang for your buck in a warehouse, in terms of space.

    I can speak personally I have never had an issue renting any factories, latest one I secured a tenant in 2 months in the middle of this plan demic.
    Older area in Melb south east.

    Timmy
     
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  10. TreasureHunter

    TreasureHunter Well-Known Member

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  11. sgbuyer

    sgbuyer Well-Known Member Silver Stacker

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    I’m not buying, of course, I don’t sell pm. There are better opportunities, oil and gas, etc. Would jump in if the stock market corrects.
     
  12. TreasureHunter

    TreasureHunter Well-Known Member

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  13. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    I've sold SLV to close some positions and take profit because I can see the paper price dropping again with another mass selloff.
    I'd rather walk away with a few bucks in my pocket than be stuck with it.
    Still buying physical here and there while I can.
     
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  14. TreasureHunter

    TreasureHunter Well-Known Member

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    Great decision. Wise.

    I think gold might also be nearin' a profit-taking phase. Even if it's not going to be a big one, we're above a psychological level and there was no serious correction in months.
    But overall, I expect higher prices by 2021. Now I can really see slammin' 3,000 $ in the following years. :D
     
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  15. alor

    alor Well-Known Member Silver Stacker

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    chances are Palladium would go to $6,000 before gold touches $3,000-$5,000
    play for the best
     
  16. TreasureHunter

    TreasureHunter Well-Known Member

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    ^
    I think Platinum is still a good investment. It should have shot upwards already. It's been above 2,000 $ before.
     
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  17. TreasureHunter

    TreasureHunter Well-Known Member

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  18. Krakked789

    Krakked789 Well-Known Member

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    Currently, whenever I think about selling at a particular price, I get visions of hyperinflation...

    It might be a mistake to hold wads of fiat...
     
  19. Krakked789

    Krakked789 Well-Known Member

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    One false move... :D
    Cornholablahblah...
    LOL
     
  20. JohnnyBravo300

    JohnnyBravo300 Well-Known Member

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    Wads of cash not usually for me either.
    I have about 8k I'm cash now but I need to get a well drilled. I havent kept this much for years and years, just never need that much.
    Last week at my lcs it was hard to not spend it all haha. I could have easily and not batted and eye.
    PMS are the deal of the century right now, especially silver.
     
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