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Money, investments, and other financial stuff

Started by Johnnymac, Jan 27, 2026, 02:04 PM

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Quote from: Revelations on Today at 07:12 PMAnyone invested in markets? (stocks, crypto) Holy $%&! What a bloodbath! Especially crypto. Everything is red and going down. Even metals are struggling to maintain a normal pace. I haven't seen this level of volatility in years. Looking at my portfolio is very depressing.  :'(

No crypto for me, I have a few stocks, outside of the company I work for, it's mostly oil/energy stuff and it's done really well lately. My dad is big into  gold and silver, he's been raving about how well he's done on it....I think it's a bubble. There's a cohort out there who believe that the global economy (or at least the US) will be reverting to the Gold Standard, so they're hoarding. Reality will set in eventually and it'll stabilize
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Revelations

Yeah, aside from silver I don't do much in metals. Scared money goes into silver/gold, so obviously investors are looking for safe havens right now. Us peons aren't privy to what's going to happen so I guess we wait ands see.

Revelations

And for the US going to a gold standard again, that's certainly been rumored for some time. I'm not sure they can do it with their dollar. Seems to be a global shift away from USD that's been going on slowly for some years. At this point I think it's become to inflationary and the US debit is off the charts. Who knows, if we knew for sure we could probably start planning our early retirement!