The Big Everything Bubble - Where to now

[Azure]

the last decade I was mostly paying off my PPOR which was my bigest priority and buying shares and some silver when I could ( a few years ago sold most of my silver, paid off my ppor and started buying more shares and some crypto)

I'm in that boat today.
PPOR 80 down with SLV and GLD held until such time as it can reduce it to 0.
At this price id be 94% and really hoping that the gods of the moon-metals allow it to get to exit stage left levels so that i dont have to owe the banks anything further.

I'm honestly wondering tho, if it makes it, if I will actually sell....
I feel like Silver is in my blood now and part of my identity as a stacker.

 

[betterinvestmentthanshare]

I'm honestly wondering tho, if it makes it, if I will actually sell....
I feel like Silver is in my blood now and part of my identity as a stacker.

Our identity should never be tied to anything material, it’s a recipe for irrational decisions

 

[Timmy88]

Very very hard to know what the future holds. What I base my decisions on are history.

We all know gold and silver is a good long term store of value, no one can dispute that, they are not a get rich quick, buy today flip tomorrow make money kinda thing.
Buy when you have the spare $$ and hold long term. Its something outside of the system, something you cant be taxed on, something liquid you can sell quick if needed.

What your looking for is an investment. To me gold and silver is NOT an investment. Its an insurance, its a store of value if and when I need it. Its like a invisible life jacket when every you need it, bang you call it up and its there to save you from drowning.

If you are not willing to give up your electronic title of your home to leverage up your options are severely limited. By the time you save up the capital to get into real estate you'll be 10-15 years behind. I never did what your doing but I did something just as destructive, which was paying of principle on loans too much too soon for some 7 years when if I had purchased another property the profits would have paid off my loans 5x over.

When I say real estate I don't mean houses, I personally have found my niche in the commercial/industrial area. I first started with a partner as I didn't have enough capital to do our first development. On reflection I could have done it myself but I didn't want to borrow too much, but on reflection the main stream banks will almost never let you borrow too much.

I don't own shares. Why, because to me they are risky, more risky than property because they are not a hard asset, and I have zero control over the company I purchased into, to me they are a gamble.

As Azure mentioned in his post, the property is not really going up in value. I mean sometimes yes you get a ahead and other time it just keeps up with inflation or a bit better, but long term property does well, we can see that historically. Add in the income it generates, add in tax deduction and expenses you claim its defiantly attractive.

Ask anybody that has done well whatever your definition is, and I can bet property paid a big part in them making $$ over a longish time frame.
This backed with running their own business and combining the two.


Timmy

 

[JohnnyBravo300]

What if you invest in real estate and then no one has to pay rent like in the US?

Overreaching government controls have made me shy of real estate in every way now.

 

[Court Jester]

What if you invest in real estate and then no one has to pay rent like in the US?

Overreaching government controls have made me shy of real estate in every way now.

rent is still being paid in that situation its just not the tenants that are paying it

 

[leo25]

I'm honestly wondering tho, if it makes it, if I will actually sell....
I feel like Silver is in my blood now and part of my identity as a stacker.

That sounds like many propetry investers. They think their worldly assets buy them credit in the after life.

Remember you come into this world with nothing and you leave with nothing.

 

[mmm....shiney!]

@Court Jester, have a listen as he discusses the "bubble" narrative and what's happening with the behind the scenes credit, foreign investment and The Fed continuing its path of accommodative monetary policy as it is expected to cut rates into an environment of falling inflation expectations.

 

[betterinvestmentthanshare]

@Court Jester, have a listen as he discusses the "bubble" narrative and what's happening with the behind the scenes credit, foreign investment and the The Fed continuing its path of accommodative monetary policy as it is expected to cut rates into an environment of falling inflation expectations.

Hmmmm, this guy has spent months and months telling his viewers market outcomes by studying all the charts only to completely change his outlook all of the sudden.
Just another wannabe YouTuber chasing clicks, sounds like a crypto pumper

 

[Court Jester]

with the Orange King signing a deal with the Prime Jester I have decided to buy some share in asx listed critical mineral miners

 

[mmm....shiney!]

Hmmmm, this guy has spent months and months telling his viewers market outcomes by studying all the charts only to completely change his outlook all of the sudden.

Do you even follow Capital Flows?

He's spent the better part of over 18 months outlining his position that there is no imminent threat of a US recession despite what the mainstream analysts have been saying while at the same time remaining alert to any indicators that may signal a top in the market. His position hasn't flipped despite what you maintain. There are two key indicators he highlights to be mindful of and at this stage he's indicated a possible "melt-up" in asset prices for the remainder of the year.

Just another wannabe YouTuber chasing clicks, sounds like a crypto pumper

Clearly you don't follow him if that's you're understanding of his content.

Edit to add: lol, I just worked out what you did, you just read the first comment posted by some random on the YouTube channel and probably didn't even watch the video. How embarrassing for you. ROFLMAO

 

[mmm....shiney!]

with the Orange King signing a deal with the Prime Jester I have decided to buy some share in asx listed critical mineral miners

You and every other pundit no doubt.

Which companies? I don't know anything about that sector but I strongly suspect it'll just be another "lithium" or "5G" event.

 

[Court Jester]

You and every other pundit no doubt.

Which companies? I don't know anything about that sector but I strongly suspect it'll just be another "lithium" or "5G" event.

yes but hopefully I am not in too late but don't know they have already doubled this year but seems like a big deal hopefully it is long term and there is still more upside to this ( and the yanks buy them out at some point ) It seems like the want to throw a bit of money around to get away from the Chinese control of this segment.

I got a small amount ($6k) of each

ILU - Iluka Resources
and LYC - Lynas Rare Earth

we will see how it goes or they will fall in a heap when the Chinese crush them like the small cockroaches they are

 

[Court Jester]

not looking good -10% on LYC

and -4% on ILU

for the day yikes should I double down

 

[mmm....shiney!]

I double down

There's some elevated price action there.

Maybe set a stop-loss firstly. And then wait to buy back in/top up after the price corrects. (Maybe $8.50 - $11.50 for LYC and $4.50 - $5.50 for ILU ) I'm just speculating there not having done any research into either company.

 

[Peter]

last thing they want is an honest money that cant be printed at their whim.
That's the truth.

 

[mmm....shiney!]

last thing they want is an honest money that cant be printed at their whim.
That's the truth.

Define "honest money". The concept confuses me as money is just a transactional tool.

 

[Court Jester]

last thing they want is an honest money that cant be printed at their whim.
That's the truth.

which is why gold and silver will never become money ever again

 

[Court Jester]

There's some elevated price action there.

Maybe set a stop-loss firstly. And then wait to buy back in/top up after the price corrects. (Maybe $8.50 - $11.50 for LYC and $4.50 - $5.50 for ILU ) I'm just speculating there not having done any research into either company.

I did not double down but I will let it ride its not life altering amounts of money ill see how it goes over the next few months I did hasty research yesterday and these looked the best but they have allready risen a lot recently hopefully some more good news comes through to pump the price.

either way I am not going to bet against the US and their money printing machine and the fact they want to diversify away from the Chinese controlling these minerals supply and we have a lot of them

 

[Ag bullet]

which is why gold and silver will never become money ever again

They will always be real money. Just we'll be forced to use a currency that isn't real money.

The only property of money lacking in today's Fiat currencies is the ability to hold value over long periods of time. Simply because it gets created out of thin air.

 

[Court Jester]

They will always be real money. Just we'll be forced to use a currency that isn't real money.

The only property of money lacking in today's Fiat currencies is the ability to hold value over long periods of time. Simply because it gets created out of thin air.

so silver and gold are in reality not real money any more