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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 386.01

+1.6%

Nov 12 4:00 PM EST

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To: Elroy Jetson who wrote (140249)	3/26/2018 6:48:46 PM
From: louel	Read Replies (2) of 217736

. People who do are more careful and more demanding with their money than a money manager dealing with opm. Reducing marginal rates on the wealthiest has created such a large surplus to their desired lifestyle that we live in primarily an opm economy with the capital owners focused primarily on pointless pursuits like buying counterfeit fine wines at auction. When the well to do spend on their luxuries or collections, it still puts people to work. Either creating, Handling, Finding, Importing , Selling, Servicing, Building and or Maintaining items they spend on. Money doesn't just disappear because it is in the hands of affluent folks. Just like money never leaves the market. Simply is reallocated to a different venue. And possibly a different country where conditions are not as severe. You say you have roots in Switzerland. Then you should remember during the crash of 08 people poured money into Swiss accounts which were paying 5% interest. There were Adds all over the US about the safety of Canadian banks while hundreds were going under in the US including Lehman Bros. Canadian bankers readily invested those funds deposited by Americans securely creating jobs in Canada. The recession was hardly noticed. After the upturn in 09 those monies were taken home again and put to work back in the US. Had those funds been distributed among people who had no idea where to find protection for them. The market reversal may not have had the starting boost it did. You have view the full picture, to look deeper at where dollars go, what they do and who gets a little piece as they pass from hand to hand. If a wealthy person has someone wash & wax his or her car. / A less affluent does the same, but do it themselves. The companies that produce the wash and wax compounds still sold products, and workers were employed making and distributing them. Get the Picture ?

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