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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: GPS Info who wrote (3200)9/2/2019 5:01:02 PM
From: Gemlaoshi2 Recommendations

Recommended By
elmatador
pak73

  Read Replies (3) | Respond to of 13877
 

Question for the board: is TJ smart enough to get his ass out of Dodge? (Assuming he hasn't already.)

ROTFLMAO. Hopefully he can escape to the paradise on the mainland!!

Of course there are the Canadian passports for the wife and kids, and his own Trinidadian passport. But surely Jay would never decamp to Freedom Rock North America. There are too many past posts that he would have to eat!!



To: GPS Info who wrote (3200)9/3/2019 3:27:30 AM
From: elmatador  Respond to of 13877
 
Question for the board: is TJ smart enough to get his ass out of Dodge? (Assuming he hasn't already.)

TJ never trusted the HK Dollar, nor fiat money for that matter. He claims to have his wealth in gold.

Hong Kong Unrest Sends Gold Investors to Seek Haven in Singapore

By Ranjeetha Pakiam
August 19, 2019, 8:27 AM GMT+3

Escalating political turmoil in Hong Kong is spooking some gold investors.

J. Rotbart & Co., which helps customers buy, store and transport precious metals, says it has seen an increase in demand for gold storage in Singapore from new clients -- even when they’re based in Hong Kong or mainland China. In the last 10 weeks, the breakdown of requests has skewed to around 75% for Singapore and 10% for Hong Kong, compared with a split of about 50-35 previously, said Joshua Rotbart, who runs the bullion house, which services high net-worth individuals, from Hong Kong.

https://www.bloomberg.com/news/articles/2019-08-19/hong-kong-unrest-sends-gold-investors-to-seek-haven-in-singapore


As for TJ

1) If TJ smart enough to get his ass out of Dodge he must have been already sending the loot abroad.
2) TJ is too greedy and has decided to wait the storm to pass
3) That because his mantra is "Chaos is a Gift" and will try to buy from the people leaving Dodge.
4) TJ doesn't plan to get the Hell out of Dodge

4) He holds USD, not HK dollars, he must be trying to get rid of it as his wife has asked:


QUOTE
To: Julius Wong who wrote (150483)9/1/2019 7:45:56 PM
From: TobagoJack1 Recommendation of 150501
btw, my wife asked me again, "when are we going to buy?" and I had to reply, "buy what?"
gold, silver, platinum, check

hong kong industrial properties yielding enough and w/o vacancy, check
ELMAT: (TJ sticking to his real estate income)

cash (mostly us$ for the moment), way too much, but good to hold and wait
ELMAT: (TJ has no HK Dollars but good old Greenback from Team US)

real estate transactions dried up, meaning neither sellers nor buyers, all waiting for something, to sell and buy

UNQUOTE



If he is smart in this specific issues, time will tell. It is his money after all.

In other respects, he isn't smart, so that gives us an insight on this specific issue