• SabinStargem@lemmy.today
    link
    fedilink
    English
    arrow-up
    31
    ·
    8 days ago

    I am guessing that Musk will create a Muskcoin, and offer to ‘sell’ it for a preferable rate to the US government. Coincidentally, the Muskcoin uses the X Everything platform for all transactions.

    With each day that passes, I am becoming more convinced that shifting 99% of my money into Euros is the right call.

    • Corkyskog@sh.itjust.works
      link
      fedilink
      arrow-up
      5
      ·
      8 days ago

      How much money do you have? At the current state of affairs the best possible investment is to buy pallets of ammo and crates full of AR lowers.

      • qwertilliopasd@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        7 days ago

        touches nose Why risk your money on gold or silver when you can invest in brass? Pretty good odds on another spicy summer in America.

      • SabinStargem@lemmy.today
        link
        fedilink
        English
        arrow-up
        2
        ·
        7 days ago

        Many times more than $500, but far below $100,000. In any case, I am thinking that if WW3 starts up, I can buy war bonds from the places that oppose Dogey America. Probably fiscally safer and more effective than buying ammo as an individual, since states can do better bulk purchases and negotiations with that money. Hopefully my neck of the woods would disobey Trump orders to outlaw the purchase of foreign war bonds.

        • Corkyskog@sh.itjust.works
          link
          fedilink
          arrow-up
          1
          ·
          7 days ago

          I am not even talking about a war scenario. The college near me has guest finance speakers and once in 2006 they described how a few investors were renting warehouse space and buying bullets as a hedge and ar lowers as a speculatory investment with little downside. I am assuming they must have made a killing I’m profits.

          You need a sizeable amount of investment money to do it at a scale where storage costs don’t eat into your profits though.