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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Pogeu Mahone who wrote (161190)8/12/2020 2:36:53 AM
From: TobagoJack  Respond to of 218255
 
Just finished dinner w/ owner of the ballet school the coconut attending for a few days here in Vancouver.

We know the owner and her husband well from many years ago when the coconut first attended her school during summer, before gravitating to the American Ballet Theatre school in NY.

The girls talked CoVid / school / and neo-life under CoVid conditions, until what her husband and I dialogued caught attention, gold, what it is good for. Bottom line, we two decided we just liked looking at gold and weigh its heft.

For the casual Vancouver savers, real estate is still an option albeit a poor option, yielding south of 0.5% after all costs, else pay a vacancy tax that traditional communist nations shy away from.

Government bonds? Forget them.

Corporate bonds? Traps.

Stocks? Only game in sufficiently large arena, and therefore herded towards.

What else is there? We dialogued.

It turned out that the husband had always liked gold, and needed some pointers about gold mines.

There seems quite a bit of (not surprising) wrong impressions out there, and particularly that gold is a bubble.

The couple thanked me for my expression of straightforward and sincere views.

Many souls to try to save. Per answer of call of duty.

They also asked about where we shall likely be in intermediate (whatever that may mean) future. Answer, Hong Kong, a fine and tax-free place. Monaco of China.

Am looking forward to return, to mix it up.

They asked about the riots / protests / hubbub. I like it all.

The Jack was in <<Portland>> last summer before NYC and Moscow. I know about Portland from sister-in-law. I do not like the hubbub of Portland, because it is not tax-free. It is not the Monaco of USA.

HK recently arrested some alleged trouble-makers including a newspaper tycoon, Jimmy Lai. I do not know Jimmy but do know his American righthand-man. They may or may not have been naughty and careless. The court shall settle the issues, and likely definitively and convincingly one or another way. Should be illuminating whichever way.

Doubtful other alleged trouble-makers shall play the game exactly the same way. National security laws are harsh in all nations. Folks shall learn by and by.

Met yesterday w/ group including boyfriend of daughter of partner and the kid (30) is based in Akron Ohio. Seems the conditions there are not great.

Seems lots of cities are declining. Issue, which declining cities are tax-free?

Comparisons are and should be relative.

Same same w/ investments, bonds vs stocks vs whatever

Whatever the cases, must have a good reason to own real estate, that which the recovery must be based on some solid script, and the script themselves are relative.

Amongst all the relatives we should be able to anoint one absolute by which all other relatives are graded

I suggest :0) ...