So long, and thanks for all the fish!
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So long, and thanks for all the fish!
Silver has properties of both a "risk on" and "risk off" asset. It is "risk on" because it has uses in manufacturing, which will increase demand during times of increased manufacturing. It also had "risk off" properties due to it's use as hard money, similar to Gold. Cash is also considered a "risk off" asset, as people will sell their "risk on" assets (like stocks) during times of heightened volatility.
You said "Gold, on the other hand (And I'm no gold bug) is a RISK ON asset." "Risk on assets" are assets you hold when you are "risk on," meaning you want to take risk. Gold is not a "risk on asset." Stocks are. "Risk off assets" are assets you hold when you are "risk off, " meaning you don't want to take risk. Typically bonds and gold. If it still doesn't make sense to you, you need the type of professional help that I can't provide. 🤡🤣
"Risk-off refers to a market sentiment where investors are cautious and prefer to avoid risky assets, typically during times of economic uncertainty or negative news. In this environment, capital is often shifted towards safer investments like government bonds or gold." - Investopedia In other words, you had it backwards the whole time. sToCKS are "risk oN" GoLD is "risk oFF. " I tried to correct you, but you were too much of a "thick cunt" (not sure why that's an insult, unless you're gay) to understand that. And yes, you just got schooled by a 21iQ retard. 🤡😂🤣
If you want a great recent example of this, look at Norway. Communists hate this one simple fact.
Nothing anti-competitive going on here. 🧐
Yeah, they will in other states. You're assuming smart people don't understand basic economics.
You're assuming they don't sit down to pee. 🤣
I'm going to make a new one that downloads all your memes from Nostr and zaps you one sat each (V4V) 😂
If you want to trade, you're better off holding the S&P 500. If you want to hold the S&P 500, you're better off holding gold. If you want to hold gold, you're better off holding Bitcoin.
Came to comments to say this, find it's the first comment. 😂👍
Android and Linux have this, too. Not sure about Windows, because I actively avoid using it. 😂
I create new fiat currency every day. It's a justified existence. 🧐
I'm colorblind, you insensitive clod. 🧐
Both can be true. Things aren't always mutually exclusive.
That depends on who you trust more, me or math.
Not if you make your own. 🧐
I'm going to put a breathalyser on your Nostr. 🤣
No worries mate. 🍻
Depends on the type of risk you're concerned about and your time preference. If you have a high time preference and you're more concerned with short term price fluctuations, you may want to hold cash or gold. You may want to HODL Bitcoin if you have a low time preference and you're more concerned about confiscation, debanking, capital controls, or currency debasement. It depends on your own personal risk assessment and also how much you can afford to lose. Jack Mallers and Michael Saylor for example, have enough Bitcoin that they can handle an 80% drawdown.
There are two types of people. Those who work for money, and those who print it. 🧐🖨️💸 Control the money, control the world. 🧐 UTXO = Unstoppable Totalitarian Xerox Operations 40TPW = 40 Tylenol Per Week 1 SAT = 1 Basis point rate cut All zaps will be redistributed back to the community, unlike your tax dollars. 💜