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The Water Cooler
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The dollar continues to collapse
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<blockquote data-quote="7stw" data-source="post: 4248559" data-attributes="member: 18402"><p>I have been watching the metals markets for several years (almost a decade). I have some of both gold and silver. I got a generous wedding gift from a dear friend who said he thought it would be 2k an ounce on my tenth wedding anniversary. He’s since passed away and if nothing drastic happens given current pricing and world markets in two more years (my 10th anniversary) it will probably be worth more than 2k. Soft/weak bond markets and soaring inflation with high interest rates are crippling the lower middle class (where I categorize myself) but affect everyone even the ultra rich. Elections have consequences. And to Dennis point I have lots of side jobs aside from my full time job. It definitely cuts into my personal life but being able to operate without the bank sure is nice. Outside my mortgage I don’t owe anything to anyone.</p></blockquote><p></p>
[QUOTE="7stw, post: 4248559, member: 18402"] I have been watching the metals markets for several years (almost a decade). I have some of both gold and silver. I got a generous wedding gift from a dear friend who said he thought it would be 2k an ounce on my tenth wedding anniversary. He’s since passed away and if nothing drastic happens given current pricing and world markets in two more years (my 10th anniversary) it will probably be worth more than 2k. Soft/weak bond markets and soaring inflation with high interest rates are crippling the lower middle class (where I categorize myself) but affect everyone even the ultra rich. Elections have consequences. And to Dennis point I have lots of side jobs aside from my full time job. It definitely cuts into my personal life but being able to operate without the bank sure is nice. Outside my mortgage I don’t owe anything to anyone. [/QUOTE]
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