Econ So Prince Was "Hoarding" Gold

[Strider12]

Calculating only the figures presented in this article having 2% of your net worth in gold is considered "hoarding". If he had all of his money in stocks would he have been "hoarding" stocks.

It begs the question as to why government and the mainstream hate us having precious metals.

http://m.newser.com/story/236537/princes-properties-valued-at-more-than-25m.html

 

[Shemp]

Calculating only the figures presented in this article having 2% of your net worth in gold is considered "hoarding". If he had all of his money in stocks would he have been "hoarding" stocks.

It begs the question as to why government and the mainstream hate us having precious metals.

http://m.newser.com/story/236537/princes-properties-valued-at-more-than-25m.html

1933, that's why.

Also, chem trails

 

[Willy Leadwell]

Sounds to me like he had figured out how to manage his finances pretty well and keep as many hands out of his pockets as possible.

 

[Laufen]

Conventional wisdom is 10% of your portfolio...doesn't matter to a hoarder though, lol.

 

[Cudruln]

So a music "professional" that does not go into debt and keeps some of his money around is a hoarder? Seems legit

 

[Strider12]

Conventional wisdom is 10% of your portfolio...doesn't matter to a hoarder though, lol.

I'm at about 5% but that's increasing a bit.

 

[karlvv]

Imagine the surprise when those paper hoarders realize that there is 10 x more paper gold than physical gold.

 

[Willy Leadwell]

Anyone else see this ad on this thread?

 

[karlvv]

Anyone else see this ad on this thread?

View attachment 24017

Nope. I fat fingered the mba add about 4000 times so that's the only one I get now.

 

[Willy Leadwell]

Nope. I fat fingered the mba add about 4000 times so that's the only one I get now.

The Feds is monitoring us. They know what we're talking about.

 

[thebull]

The Feds is monitoring us. They know what we're talking about.

Google knows more...

 

[karlvv]

Google knows more...

Google is the feds...........

 

[cbh13]

lol though 2% of his net would still be a damn good bit of gold, enough to make me happy