Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: J_F_Shepard who wrote (651849)	4/18/2012 5:15:39 PM
From: Taro	2 Recommendations Read Replies (3) \| Respond to of 1579916

I give up. Take a couple of courses first, in general and international asset management and protection, and you may - possibly - get the drift of it, OK? No doubt a lot of small 'shmucks' as you call them including yourself might try all those tricks to hide their gains and thus cheat your local IRS for some rather small funds, but as said, such 'investors' are all small time with a million, more or less, to play with. The big and serious guys with big and serious assets are primarily concerned about asset protection and only then about interest returns on their assets. That's why gold gets attractive in bad times, no interest, asset protection, possibly value stability as dollar and euro lose value against gold - and Swiss franks, against real value. When guys like you believe gold and other real asset values like - Swiss franks - gain value against the USD (and Euro), your perception is all wrong. Because what really happens is that those fiat currencies of yours and mine in Europe lose fast vs real values like - gold and Schweizer Franken. My buddy Bob understands this all just too well. Up in SD he has accumulated his holdings in protecting assets like gold, not bars, but in real crisis liquid assets like gold coins. Great idea hedging for bad times, but when those come, expect our bankrupt governments to move in on holdings like that, to make any private - and later corporate - holdings of gold or foreign currencies criminal and legalize to have those assets turned in at one specific fiat money price defined by your government. Sounds unreal to you? It has been done before :) That is what I called erratic legalization. Anyway, you are not a stupid person and this is in no way rocket science. So may I recommend that you check some sources on this, do your googling while keeping your mind open, which I know isn't easy when believing in the liberal general message..but try and you might easily get the drift of what i have again tried to explain, OK? /Taro