Current issues with the market - Any ideas on avoiding the end?

[Cool Dog]

Ironically this probably means investing in Companies in Africa may actually be the safest things right now as their capital and goods are located in countries with the least exposure to what is going on. Fruit plantations, gold and diamond mines and the like. Stuff with hard assets in countries that would actually benefit if the US Bond market imploded.

Never ever put money in countries where the local "government" is more than willing to seize your assets and investments if they increase in value, after all there's no institutional safety at all and you cant take them to court in their own country because they are the courts.

Thats why nobody invests in Argentina now, too many burned investors

if you want to actually make money with crypto the only way is through starting your own crypto project)

Would you say NFTs are part of that? making and selling them I mean

Is this your opinion on DeFi as well? I lend out my DAI at interest, and this largely insulates me from exposure to the price fluctuations of major cryptos.

How much interest you get for it? whats your insurance?

Monero is the only shit I endorse and recommend. Monero and Bitcoin are the only cryptocurrencies which are actually being used for what cryptocurrencies were invented to do, only Monero is much more resilient technologically while Bitcoin is already halfway there to becoming a completely cucked Bankcoin

I get your point but then why is monero so low? hasnt even broken the ATH from 2017, took a hard dive in early 2020 (sucks I didnt buy then tho)

As for gold and silver you mean physical right? or bonds?

 

[mindlessobserver]

I've decided to short the value of the US Dollar. Figure now is as good a time as any to buy a house on a couple of acres in the country. Yeah, property values are stupid high right now, but money is essentially free and if I am right about this time bomb in the bond market a 30 year fixed rate mortgage will be essentially worthless to the bank in the worst case scenario. I could pay off the loan for a pittance. If the worst does not happen well interest rates are retard levels of intelligence low so i still win. There is literally no way to lose buying property right now.

 

[RussianParasite]

There is literally no way to lose buying property right now.

Property values could drop if more housing supply is made available (or consumer/investor tastes change) and you overpay for your property, but generally I think you are right.

That said, everyone 12+ years ago thought that there was no way they would lose money on property yet this is a huge part of what caused the GFC. I don’t think we are in that same situation, but wild shit happens sometimes. All investments run the risk of going tits up— some more than others.

 

[mindlessobserver]

Property values could drop if more housing supply is made available (or consumer/investor tastes change) and you overpay for your property, but generally I think you are right.

That said, everyone 12+ years ago thought that there was no way they would lose money on property yet this is a huge part of what caused the GFC. I don’t think we are in that same situation, but wild shit happens sometimes. All investments run the risk of going tits up— some more than others.

Big issue with property in 2008 was the adjustable rate mortgages and mortgage backed securities, not property itself.

 

[Zero0]

I found this blog a while ago, I often can't tell if he's an autistic retard or a genius but either way, interesting to read.

The CARES Act....The Beginning of the End of Western Democracy.... - DeepThroatIPO

Well, after I had seen the thunderous, unanimous passage of HR-748 in the Senate on Friday, followed by Nancy Pelosi’s giddy “we worked night and day to get this bipartisan effort done…we’ve brought America together” speech on the floor of the House, just prior to the “no debate”, near unanimous...

www.deepthroatipo.com

Our "Reality TV Game Show" Financial System..... - DeepThroatIPO

Last Sunday morning, on his awesome “This Week” show, our good friend George Stephanopoulos took some of his valuable time to interview the always captivating, never a dull moment, master of the one-liner, Larry Kudlow….possibly one of the most entertaining, congenial and amazing...

www.deepthroatipo.com

 

[knobslobbin]

I've decided to short the value of the US Dollar. Figure now is as good a time as any to buy a house on a couple of acres in the country. Yeah, property values are stupid high right now, but money is essentially free and if I am right about this time bomb in the bond market a 30 year fixed rate mortgage will be essentially worthless to the bank in the worst case scenario. I could pay off the loan for a pittance. If the worst does not happen well interest rates are retard levels of intelligence low so i still win. There is literally no way to lose buying property right now.

This is an interesting article about why land might be terrible as a hedge against hyperinflation.

https://dailyreckoning.com/is-real-estate-a-good-hedge-against-hyperinflation/

 

[mindlessobserver]

This is an interesting article about why land might be terrible as a hedge against hyperinflation.

https://dailyreckoning.com/is-real-estate-a-good-hedge-against-hyperinflation/

Only in the sense of buying it with cash. In a hyperinflation scenario your cash (that you could have used to buy gold) is set on fire. You still own the property, but the property is for all intents, worthless. Nobody can buy it, and you cannot sell it. Your cash is gone.

If you buy it with DEBT however, prior to the inflationary spiral in a locked in fixed interest rate well, it's not your money set on fire. It's the banks.

 

[knobslobbin]

Only in the sense of buying it with cash. In a hyperinflation scenario your cash (that you could have used to buy gold) is set on fire. You still own the property, but the property is for all intents, worthless. Nobody can buy it, and you cannot sell it. Your cash is gone.

If you buy it with DEBT however, prior to the inflationary spiral in a locked in fixed interest rate well, it's not your money set on fire. It's the banks.

But the bank would repossess it after you choose to spend your meager income entirely that month on 1 cheeseburger. Or the state would take it over after democrats seize control forgoing the farce of another "election". I dunno seems to me nobody knows how it'll play out and there's no smart moves.

 

[mindlessobserver]

But the bank would repossess it after you choose to spend your meager income entirely that month on 1 cheeseburger. Or the state would take it over after democrats seize control forgoing the farce of another "election". I dunno seems to me nobody knows how it'll play out and there's no smart moves.

The interest rate is fixed. No matter how worthless the dollar becomes you still are only on the hook for the required denomination. If the Fed starts issuing the dreaded 10,000 dollar notes you just need a few of those to pay off the loan. Grow some potatoes in your lawn or something. The people who will get the shaft are those leasing property or in adjustable rate loans

The property tax is a different kettle of fish all together but in that scenario I think the local county governments will have more to worry about then trying to move productive households off the land. If we go past the point where laws and contracts dont matter anymore then that is what guns are for. Hopefully and most likely, it won't reach that point.

*edit* and if you are really worried about property taxes, most municipalities allow for them to be paid in advance. In some areas you can pay two full years of it.

 

[knobslobbin]

The interest rate is fixed. No matter how worthless the dollar becomes you still are only on the hook for the required denomination. If the Fed starts issuing the dreaded 10,000 dollar notes you just need a few of those to pay off the loan. Grow some potatoes in your lawn or something. The people who will get the shaft are those leasing property or in adjustable rate loans

The property tax is a different kettle of fish all together but in that scenario I think the local county governments will have more to worry about then trying to move productive households off the land. If we go past the point where laws and contracts dont matter anymore then that is what guns are for. Hopefully and most likely, it won't reach that point.

*edit* and if you are really worried about property taxes, most municipalities allow for them to be paid in advance. In some areas you can pay two full years of it.

Income always lags behind inflation, often by *years*. So that $50 gallon of milk and $500 gallon of gas come out of your current paycheck that you're still trying to pay your fixed mortgage with. The article is saying you eventually choose to let the property go as you get desperate for the other items on your monthly budget.

 

[mindlessobserver]

Income always lags behind inflation, often by *years*. So that $50 gallon of milk and $500 gallon of gas come out of your current paycheck that you're still trying to pay your fixed mortgage with. The article is saying you eventually choose to let the property go as you get desperate for the other items on your monthly budget.

Which is why you need assets along with everything else. Even if those assets are literally just a years supply of SPAM. So they are not wrong about needing gold. Just missing the forest for the trees. In a hyperinflation scenario, you can pay off the loan immediately with asset. Like 1 oz of gold. And then not have to worry about where to sleep tomorrow.

Utilities and the comforts of modern society are another thing all together, but the important thing is not to be in a situation where you are dependent on the governments good grace's or on the street. Which on that note is why I am aggressively seeking a house in the country with a well and septic system, located in a county run by people who are more likely to resist land enclosures then they are to clap like seals over the idea.

 

[hawaianlapulapu]

is all so retarded, just hold whatever you have until inflation kicks in

 

[Cool Dog]

Only in the sense of buying it with cash. In a hyperinflation scenario your cash (that you could have used to buy gold) is set on fire. You still own the property, but the property is for all intents, worthless. Nobody can buy it, and you cannot sell it. Your cash is gone.

In such a situation you would simply get paid with another currency that isnt going through hyperinflation. The germans would get francs or pounds, here in argentina is the reason why all real estate prices are listed in dollars.

Still you would get paid half or maybe even less of what you bought it for, if we're talking full-scale crisis with a firesale going on

 

[mindlessobserver]

Seller accepted my offer for the property. I'm going to make it bros.

 

[HOMO FOR LIFE]

Seller accepted my offer for the property. I'm going to make it bros.

Enjoy bankruptcy. Congrats dood may you live the American dream

 

[mindlessobserver]

Enjoy bankruptcy

You are a bright ray of sunshine.

 

[Sage In All Fields]

This isn't an 'everything bubble' it's a finance bubble, if you're not going 100% debt free and jumping headfirst into commodities (and I don't mean just buying precious metals) at this point idk what you're doing

why? in case of actual full scale economic collapse, nobody will be trading for crypto in the real world, they'll be bartering using consumer goods.

In the case of full scale economic collapse crypto will likely still find use for trading over the internet, or whatever's left of it.

 

[Cool Dog]

This isn't an 'everything bubble' it's a finance bubble, if you're not going 100% debt free and jumping headfirst into commodities (and I don't mean just buying precious metals) at this point idk what you're doing


In the case of full scale economic collapse crypto will likely still find use for trading over the internet, or whatever's left of it.

What like buying futures in foodstuffs and industrial metals? a financial collapse would kill those two, see how copper got fucked during the 2008 crisis

Soybeans, another commodity that was on fire during the 2000s thanks to hungry chinks nosedived from 1600 to 800

If anything a crisis is the time to buy commodities, else you'll be in hodl mode for a while

 

[Sage In All Fields]

What like buying futures in foodstuffs and industrial metals? a financial collapse would kill those two, see how copper got fucked during the 2008 crisis

Futures are still finance. I mean actually buy the metal and foodstuffs and most importantly the stuff people need to make their own.

 

[Spasticus Autisticus]

Futures are still finance. I mean actually buy the metal and foodstuffs and most importantly the stuff people need to make their own.

If you have a secured warehouse to store quantities of physical commodities large enough to have a meaningful impact on your portfolio, then go for it. Not everyone does though.