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Post by Entendance on Apr 16, 2024 11:16:32 GMT -5
Stupidity Chapter LXIX '...Trump Media is a Potemkin corporation, a stage set in front of which Trump and his cronies can issue and trade common stock, convertible notes, warrants, and preferred shares, with the sole purpose of extracting billions from a gullible market...' April 19, 2024 Wall Street Don Deals More Liar’s Poker
Action without study is fatal. Study without action is futile.
Stupidity is the greatest destructive force in the history of humankind. It can’t be totally defeated. But there is a lot that we can do to reduce and control its power. The more we understand it, the better we can avoid or prevent its awful effects.
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Post by Entendance on Apr 18, 2024 1:13:53 GMT -5
Bill’s Commentary: Recently I have fielded several e-mails asking about selling gold and silver to wait for a pullback. While a pullback seems surely warranted, there is huge risk in trying to trade at this juncture. We are in the end game already, what is happening is multigenerational and global. We are witnessing the end of Dollar dominance with a fiat “competitive” devaluation across the board. We are witnessing end of empire! The danger of being cute and trying to time a trade here is enormous. You must be “in place” when the music stops, which it mathematically will. If you have taken profit and intend to trade, what happens if (when) the system breaks and gold nor silver are even available for purchase? Your “profit” will be sitting in a bank/broker, and will be bailed in. So you lose your cash and sold someone else your ounces? THIS is the rally you cannot afford to sell. You presumably bought metal to get your capital out of the system, if you purchased to make “dollars” as profit, then this brief article is not for you. Please remember this, in a very short time, you will be counting your net worth in ounces, not dollars. Be your own Central Bank!
'...it is humanly impossible for knowledge to overcome stupidity once and for all. At certain times the one will appear to be dominant, while on different occasions the reverse will apply. Judging by the fight between knowledge and stupidity today, the latter ostensibly still has the upper hand, but as more people are awakening to the titanic struggle between the two, knowledge is in the ascendant. It is up to us to tip the scales in its favour – as long as we realise that it is a never-ending battle.'
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