Let me have a look, i think its ore from that high grade gold vein I found this summer. Looks similar, probably has visible gold. Will report back in a bit.
Jace Ramirez
How much would you pay for a real, working Star Trek tricorder that would tell you exactly, down to the microgram, how much gold is in that big rock without pulverizing it?
were close to that tech but its 50 grand and if i drop it its dead. I would do terrible things for terrible people for such technology.
Joshua Gray
>2020: >You buy 25k worth of PM mining stocks >2023: >Bubble has arrived. You've done a 10x and holdings are now worth 250k >Meanwhile housing bubble has burst and prices have only fallen or stayed stagnant >A 600k house from 2020 is now selling for 500k in 2023 >Your 250k mining portfolio now buys a 50% down payment (ignoring taxes for this) >It's basically a mini-mansion near a golf course/lake/whatever >Your neighbors are doctors, business executives and politicians >The other half of the house is paid for with physical PM, other commodity stocks or crypto >Or maybe just a really competitive loan due to already putting down 50% >2026: >The mining bubble has burst by half to only a 5x had you kept holding >Good thing you sold near the top 3 years ago >Housing is recovering and your 500k house is up to 600k again >Congratulations on turning 25k into 300k or half of your house >You did a 12x in 6 years with little to moderate risk
Why 2023? I've seen predictions that the pm bull market will peak then but why then? And why does the Feds inflation models end around then also? What else will happen in 2023, Fed bux?
Landon Allen
My house has gone up an average of $25k US per year for the last 10 years. Meaning I got paid $25k per year for the last decade to do nothing aside from owning a house.
at this point even if the bubble pops I got what I wanted. I got paid huge amounts of cash to do nothing. I took my family on a couple $15k vacations per year for FREE. I hope you get the same. You probably won't, but I hope you do.
Wyatt Phillips
You have to be really pathetic to think this man is attractive.
David Butler
Is that just from the market, because you renovated or what? I'm looking into getting property soon
So you kept taking home equity lines of credit out and you will be upside down on your house as soon as a downturn comes?
That doesn't sound very based.
Austin Robinson
Market. I live in an EPA superfund site in Colorado so prices were depressed a bit longer than other parts of the state. So when we finally caught up I saw a $100k purchase go to $400k in about 10 years.
Nathan Lopez
he prolly lives in california and took out a 2mil loan to get an average house
Jaxon Gomez
>So you kept taking home equity lines of credit out yes.
then I write a fraction of that cost off as a business expense, allowing my business to purchase 1/3 of my house tax-free instead of paying me a salary, me paying taxes on it, and then me paying the house.
this might be too much for you to understand. My company bought my house for me tax free as a perk. It still does.
Elijah Robinson
I think the hope is economy will recover by then so no new stimulus
What percentage is that at 25k increase? How so much so consistently? You must live in a liberal coastal shithole and pay >50% in taxes.
Eli Lopez
>What percentage is that at 25k increase? How so much so consistently? You must live in a liberal coastal shithole and pay >50% in taxes.
Angel Wright
2030 has been the much hyped banker bag year where everything hypothetically will be trashed to oblivion and the next 20 years will be spent remaking the world as they see fit. 2023 might just be a benchmark year to check their progress.
Oliver Mitchell
Bought ten oz of silver from gainesville coins about a month ago. They still have yet to even be shipped. Anyone else ever had this issue with them?
Nathan Young
Unironically FUD
Nathan Ross
Never used them. I use liberty coin through their ebay store. Sometimes they run some pretty solid sales- gold a few bucks over melt for instance.
Adrian Ross
>average house Pic Related will sell for $2 mil if it's in the right neighborhood.
I turned down a job offer in Cali to stay in Texas when I was fresh out of college. My house is 1.25mil 5200sqft, 1 acre lot, pool, amazing landscaping, 7 foot cement wall blocking neighbors.
Why anyone would stay in Cali and pay 12% sales tax to live in a shitty house is beyond me. Bunch of libtards.
Nolan Cooper
>Buying shitty soulless circa 2000 McMansion with no history worth speaking of in a HOA hellzone.
>Not buying a historic ranch/cabin property with hand carved wood trim and enough acreage to qualify as your own zip code.
NGMI.
Andrew Williams
holy fuck, if you do this you're retarded. this guy gets it. we are headed for a total change in how the world economic system operates. if you sell REAL MONEY to buy a loan in USD right now, you're fucking insane or stupid. we could have private property taken away at this point. Communist dictatorship is not off the menu for the next 10 years.
Jordan Roberts
more like >housing market crashes, hopefully while PMs are high >plot of land that used to be 200k is now 50-100k >build a nice house, with shed + barn >pigs, chickens, bees, and goats, maybe a couple cows >harem
>Communist dictatorship is not off the menu for the next 10 years. I pray that orange man followed by a brigade of lolbertarians can solve this.
Jayden Campbell
nobody wants to live there but everyone wants to have bought a house there 30 years ago and enjoyed the massive gains from doing nothing.
you did it right. Buy cheap in TX and then wait for california to invade and drive up prices and taxes. Then move to mexico or alabama or some other 3rd world toilet and live like a california equity queen.
Christian Campbell
I keep telling people this...
If you dont run your own business out of your house, you are giving away free money... mortgage utilities, tools, consumables, vehicles... all become write offs so long as they are business related.
Getting money is only half the battle, the other half is keeping it.
You're right but the flip side is my highest income tax bracket is 60% and my lowest is 15%.
capital gains from passive income that you depreciate the underlying assets for is the real ticket to wealth. Business ownership is just a side effect of that.
Wyatt Nelson
This. The best part is, the chances of them actually auditing you or raising an issue is next to nil if you keep it all reasonably small.
Parker Scott
a mortgage is a leveraged short on the USD, no? as the value of dollar diminishes the mortgage becomes cheaper and cheaper while land/home retains value as it's a physical asset
Joshua Russell
>libertarians smashing communism that's not how this works. in general, libertarians almost always support communism against actual anti-communists. William Alexander Morgan is not one of a kind. Even today, the "skeptic libertarians" of Youtube are all turning into unironic communists.
Colton Smith
I get audited every year by my insurance company, my accountants, my corporate auditors, and the feds. You WILL get audited at this level. But not usually by the IRS.
Kayden Perez
>libertarians almost always support communism imagine being this idiotic
Blake Stewart
When the dollars collapsing and they hike rates to 15% to save it, sure hope you have a fixed rate.
Dylan Flores
they'll never hike rates in our lifetime, it'd collapse the house of cards the entire system has been built on since Volcker