That Made Me Laugh Gerry

in cryptocurrency •  5 years ago 

And can you believe the press paid you for the interview? Nicely done - i read the article this morning and was laughing my ass off - "oops guess i made a mistake" 50 years of investing and i just decided to dump my whole position in the middle of a correction.

Wife told you the retail section was going to be down in Q4 huh? take position in the middle of a correction, and if it does not turn, liquidate it in the last week of Q4, declare the capital loss to maximize your tax break, gold gerry, gold.

I am concerned for the retail sector though, i think any sensible businessman should be looking for ways to capitalize or gain income, from activities people do, when they are not spending.

People will stay in, more, as we lead into a possible recession, they are scared of getting sick, and things are already tight due to natural disaster, but, as they stay in, they will ... get bored, they will be on their iphone, their ipad, computer, laptop, and want some sort of "entertainment"

There is money to be had, in that vertical, people might not want to spend a lot, but if a product can be brought to market, or service, or whatever, that can tap into the needs of that psyche, small, very small, micro transactions could prove profitable.

My advice to you though? These fiat currencies are piss weak, if the house of cards comes down, and your money is in that it could evaporate - key to wealth growth is capitalizing on bad situations, cant do that if all you have is worthless paper, - why the frig were you buying rio tinto dude? medical is where its at, i dont mean frigging toilet paper (lol) like, medical, even after this, will show an up tick, people will be scared of cold and flu for years to come.

go gold and silver by all means, but sheesh mate, dont keep it in dollars.

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