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Re: Coronavirus unleashes investor panic and now the stock market is at a historic oversold level

By: Decomposed in POPE 5 | Recommend this post (0)
Fri, 28 Feb 20 7:19 PM | 32 view(s)
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Msg. 53696 of 62138
(This msg. is a reply to 53691 by micro)

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micro:

Re: "If it is "profitable," by what currency standard are you measuring "profitable" if not in dollars?"
By the currency that replaces the dollar after the dollar fails. This is one reason, by the way, that it's advisable to do something that nobody ever does - take physical possession of stock certificates. If Schwab were to fail in the worst kind of way, I have no idea whether I'd lose my stocks. Physical certificates will probably survive a currency failure if the company behind the certificates does. You can be pretty sure that companies like McDonalds or Proctor & Gamble would survive even the complete economic collapse of the United States.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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The above is a reply to the following message:
Re: Coronavirus unleashes investor panic and now the stock market is at a historic oversold level
By: micro
in POPE 5
Fri, 28 Feb 20 7:07 PM
Msg. 53691 of 62138

SO.
If it is "profitable," by what currency standard are you measuring "profitable" if not in dollars?


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