jackieguaccamo
Flat Earther
It's all starting to happen. You will own nothing and you will be happy.
Oh you're just crazy!As predicted
I'm confused, should I sell my house and keep the cash, or ditch the cash and buy tangible assets, maybe a house for example?Cash money will become worthless, tangible assets are what you want.
The banks and corporates know that and are positioning themselves accordingly.
Evening Club book.I'm confused, should I sell my house and keep the cash, or ditch the cash and buy tangible assets, maybe a house for example?
If the government destroys the economy, the banks will not even need to do that.Well if I was the banks, I'd put the interest rates up so people couldn't afford to pay their mortgages and then I'd take their house and rent it to them forever.
The banks have always owned our houses until we pay the mortgage off.Well if I was the banks, I'd put the interest rates up so people couldn't afford to pay their mortgages and then I'd take their house and rent it to them forever.
Some did, some did not.The banks have always owned our houses until we pay the mortgage off.
Interest rates went through the roof under Thatcher, 15% at one point in about 1989, and we seem to have come out the other side still owning our own houses.
Buy my motorbike. Future classic!Some did, some did not.
We, the then Mrs AFC and myself, worked bloody hard to pay our mortgage, in full and on time.
Fortunately we no longer have one, we do however have cash in the bank, need to work out what to do with it. Maybe another property and take the rent? Maybe Gold? Really not sure, but it ain't staying in the bank!
I’ve got an Enfield bullet, standard 350 if you’re interested.Buy my motorbike. Future classic!
If interest rates went back to those levels a lot or people would be in deep shit.The banks have always owned our houses until we pay the mortgage off.
Interest rates went through the roof under Thatcher, 15% at one point in about 1989, and we seem to have come out the other side still owning our own houses.
They would. Some people are struggling now and inflation looks set to rise. All part of the plan if you think like AFCD, more to do with Brexit and Covid IMHO.If interest rates went back to those levels a lot or people would be in deep shit.
It is going to get very interesting. Normally higher interest rates would be good for people with money in the bank but with negligible savings rates, not so much.They would. Some people are struggling now and inflation looks set to rise. All part of the plan if you think like AFCD, more to do with Brexit and Covid IMHO.
My point was the interest rates were eye-watering but here we are, people still own houses and have money in the bank.
WHAT?Gordon you are one bad muddah fukah
I have a Glint card, very easy way to buy Gold or even change it back to a chosen currency. Gold prices should rise by 2023 according to my guys, time will tell.Some did, some did not.
We, the then Mrs AFC and myself, worked bloody hard to pay our mortgage, in full and on time.
Fortunately we no longer have one, we do however have cash in the bank, need to work out what to do with it. Maybe another property and take the rent? Maybe Gold? Really not sure, but it ain't staying in the bank!
Hi RF.I have a Glint card, very easy way to buy Gold or even change it back to a chosen currency. Gold prices should rise by 2023 according to my guys, time will tell.
I have both to be honest, with Glint its on hold in Switzerland, saves storing it or paying storage costs. but its good to have physical gold that you can exchange if things hit the fan. Check out the video on Gold busters web site and see what you think?Hi RF.
Do you actually buy the metal or is this 'on paper'. I was thinking go buying actual metal, coins probably.
Looking to 'hedge' against a collapse in sterling.
Define hyper.With all the money that has been been printed we are heading for hyper inflation, that is why banks are buying assets to offset cash
Difficult times are coming. I kind of assumed that gold would hold value, it always has.Not sure how much use your gold will be, in looted shops and among the pillaging and demented hordes on the streets?
If you fancy a trial run, make a visit to Coventry.
On the Glint app you just transfer it back to cash on the currant exchange rate and use your card as a debit card.Not sure how much use your gold will be, in looted shops and among the pillaging and demented hordes on the streets?
If you fancy a trial run, make a visit to Coventry.
Well we are 2.1% now USA is 5% I think what is coming will be in the teensDefine hyper.
Is it safe?On the Glint app you just transfer it back to cash on the currant exchange rate and use your card as a debit card.