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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (3177)	6/11/2015 4:04:47 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26707

Thanks for the info and commentary. It sounds like we are not only on the same page but same sentence. Interesting as I type the CEO of a big luxury brands company was saying how the wealth gap due to how the top is taking advantage and profiting from technology replacing jobs in the middle and lower skills.... will lead to social unrest, etc. and it is very unfair. I always chuckle at how people think life was every supposed to be fair... just ask the blind lioness is it fair she starves while the lioness with gifted sight and speed feeds on the herd. Anyway, my gf will get made at me when I complain too much about excessive taxes by saying we need to pay to make sure "others" don't riot and destroy society... so in effect, the Democrats have the right idea as the Clintons and Gores rise to the top sucking from society as easily as the GOP titans but they are smarter in saying they need to give some back.... so they are held on a pedestal while giving it to the poor in the same orifice as the GOP. Smarter/better at the game perhaps. When HP (back in the 1970s) started to expand to save on CA costs and attract talent from other areas who didn't want to pay the high price to move to CA, they looked for what you have in Boston. One or more great universities for talent and a good quality of life for residents for both indoor and outdoor activities (arts and recreation.) Maybe the way to really help the middle class is to build NEW public universities in cities where the cost to live is low, water is plentiful and we want people to move to. Sort of like how they built Brazilla in the center of Brazil and put Dulles International out in the boonies at the time.... first time I went to DC it was a train ride through the countryside to get to DC from Dulles.... now it is filled in well with lobbyists and such. Gold... I agree. I have some now for a trade but I expect the Intel stock I bought the other day to add when the market bottomed will out perform it when you add in dividends. Intel shares I bought in 1993 sure have outperformed Gold... and I think Gold was about $350. The real question is "how do we store value?" If you look back 5,000 years, the real value is in land and labor that produces wealth for you be it chickens as taxes for using your land or dividends from your stocks... owning stocks covers the latter and land we already covered. Thanks again for sharing.