Quote from: username18333 on May 09, 2015, 08:44:02 AM

Quote from: rpietila on May 09, 2015, 08:37:16 AM

I was asked to provide a short summary of my investment theses especially related to silver. Well I have to practice keeping it short.

Your theses (rpietila) seem to presume that the extent of major silver holdings is known. What kind of idiot statesman wouldnt only publicize a portion thereof so as to ensure that even the gold- and silver-bugs get hit by his recession? Do you two honestly believe them to be a herd of court jesters prancing about earth humanity to provide diversion to (read: not for) the Anunnaki‽

Umm.. how can you read such a message from the theses? The matter was not even mentioned.

I advocate, more than most, the idea that was mentioned - that nothing, including gold, silver, BTC, Monero, land, business, and of course all the paper investments, is safe. But they have different risk profiles. I encourage diversification, but not in the traditional sense to smooth out the volatility, but in the sense to make the simultaneous total loss of all assets less likely.

This emphasis is the direct consequence from my understanding that especially in these days, ownership of financial capital and freedom to do anything at all which matters with it, correlate negatively. On the other hand, losing all your assets is a major blow that must be avoided, even if it means below-average returns.

Of course in practice it does not mean below average returns, quite the opposite: (the total loss of all your) cryptos are so little correlated to that of other assets that it makes sense to own them as long-term investments, so the potential to hit big with a meaningfully sized and diversified crypto portfolio is good.

As for the existence of Ag on earth, I have written a book about it, with my university Economics-Geology background. But let's not go into it because it is irrelevant on the topic, even if all my research and scenario thinking somehow had managed to miss the key aspects Roll Eyes