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I’m not so worried about having our day with phyzz although won’t complain about it either.
That remind me of watching people play the roulette table in Vegas.
Id see those who would bet on the red or black. They’d pick a number and say ” it’s due” red hit three times in a row so they’d bet on black and red would hit again. So they’d do it again and again it’s due but no luck. Thats not what I saw but a pattern but can’t let them know about it or they’d ask you to leave for winning. Too bad it was only a 25 cent table to experiment on my hypothesis that I played after watching them on higher tables.
I watched men at the crap tables throwing 100 dollar chips on one time numbers that pays big it it hits then like they were bragging about how much money they lost. I lost this much, well I lost this much. I’m thinking why did they do it? We’re they feeling guilty about their money they had to get rid of it or was free money so easy come easy go lol I think it was more than just the money to them. It was like some kind of importance to them among others doing the same like prestige.
A hour of prestige then they walk away broke and never see these people again. That made no sense to me. Kinda goes against self preservation. M Maybe they were bankers.
With PMS its no long term investment other than phyzz but even with phyzz you wouldn’t want to be buying at the top. If you only invested in PMs for retirement in the late 70 s to 80 and even beyond you’d probably be broke because many of those stocks are no longer around. It’s also something you have to watch more carefully and not sub normally hold only to give back gains.
As far as the phyzz They are trying to talk PMs down even cash over electronic money. Almost a sort of arrogance to have a card or phone now to pay for things. Cash is so out of vogue. I bet they never been at a gas station when the ATM wasn’t working and you needed gas only if you had cash.
That one post I passed on pointed out how their trying to camouflage risk which Vix may not show.
I think their purpose has a different meaning than just trying to accumulate themselves a drop that they are trying to make a cashless system globally which is say not a good idea on so many levels including power outs. Most of us knows why.
Phyzz is a threat to that so let’s talk it down.
If they ever did pull it off the Phyz would become a scarce underground commodity especially with banks can’t be trusted and the first threat of a bail in of 50% of their savings would wish they had it. I hope people don’t become so lazy with cards they don’t see what a treat that could be to their future and very survival on so many levels.
It could result in a barter system most aren’t prepared for in this time and age. The greedy ones thinking this up don’t even realize what disaster that would be to them as no doubt it would lead to civil unrest of epic proportions. Something like the Arab spring. The world revolves around them including our money.
Theres no amount of money wishing doom and gloom or young parents not being able to feed their babies for personal profit. Nor would I prostitute out my family or put it in harms way for it like Merkel is doing in Europe and would do here if she could get away with it. Last high in 80 s wasn’t anything like that.