Gyroscopic Investing

ppnewbie wrote: ↑Sun Feb 13, 2022 1:16 amIMHO I think your off that that gold is the primary asset in the PP.

seajay wrote: ↑Sun Feb 13, 2022 12:36 am And more so when someone repeatedly posts content in wrong places. A web site forum dedicated to Chevrolet pickup's, brakes sub-section, repeatedly having someone posting how using ballet shoes instead of conventional shoes because they personally particularly like, or benefit from the promotion of ballet shoes, on the suggestion that the vehicle will tend to go quicker ... will generate heat.

Arthur Boe Nansa wrote: ↑Sun Feb 13, 2022 3:40 am

seajay wrote: ↑Sun Feb 13, 2022 12:36 am And more so when someone repeatedly posts content in wrong places. A web site forum dedicated to Chevrolet pickup's, brakes sub-section, repeatedly having someone posting how using ballet shoes instead of conventional shoes because they personally particularly like, or benefit from the promotion of ballet shoes, on the suggestion that the vehicle will tend to go quicker ... will generate heat.

I understand where you're coming from and agree to an extent, but this also reminded me of something I saw not too long ago. There's a Tesla group for vehicle owners. It serves as a haven to glorify their purchased cars and occasionally praise Musk and his companies in general. Recently, someone who considers himself pro-Tesla bought an EV car from another company and joked that it may sway his opinion on a favorite. Some were genuinely interested in his new purchase, asking how it compared to the Tesla and for more details on his thoughts. Very quickly though others got too defensive and said "it was no place to talk about other cars." A moderator stepped in and said "other cars are off topic, I'm locking comments. Was he simply sticking to the rules? Or was he trying to nip interest in alternatives at the bud? Maybe both?

As I said before, I think it would be better if threads and posts that veer too off topic simply get moved back to the VP section. We should be on topic yet flexible. I think BitVP is wrong about a lot of his points, but it's a good check-in for what BTC people think and why. Who knows, even if you don't drink that specific kool-aid it may convince you to look deeper at different cryptocurrencies and what they can offer you...

bitcoininthevp wrote: ↑Sun Feb 13, 2022 9:22 pm Maybe something more like this for my new profile picture

ppnewbie wrote: ↑Mon Feb 14, 2022 1:29 am I vote for that one.

seajay wrote: ↑Sun Feb 13, 2022 12:36 am Fundamentally gold is the heart of the PP, the primary asset/holding, where other assets are included only as a means to smooth the interim volatility. Empires and fiat currencies come and go whilst gold endures. It might be acceptable to include discussions of silver as a alternative, but certainly not virtual alternatives, nor ballet shoes.

Harry Browne wrote:The U.S. dollar is the leading money of the world, and gold is its principal challenger. It hasn't always been that way, and it may not always be. Sufficient inflation in the U.S. could dethrone the dollar -- making way for gold or another currency to be king. But, in the late 1980's, we're quite a distance from such an event.