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Danville
@22rocks22
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You are the master of your own destiny ✨
Joined October 2011
@RobertMSterling Me going to pump gas after this: Do you want a car wash? Save $2 on premium car wash? Join our rewards program? Air miles?
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@twisty_elias @martianwyrdlord @dirk_jones48 Some people want to justify an unprovoked hostile takeover and are treating Canadians extremely unfairly.
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@shiftyoliver @CalgaryRobinson The carbon tax as applied makes zero sense and I’m 100% against it. It’s a bad deal for Canadians and Canada, and it is unfair.
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@1smartCanadaMan @dirk_jones48 @martianwyrdlord If liberals and or NDP are still leading Canada this time next year, we deserve to be taken over.
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Canada is like the friendly neighborhood butcher who gives you a big discount on your Christmas meal …and then you complain that the discount is causing you to buy more from him because the deal is so good. You are so frustrated by the good deal that you decide you want to take over his farm and cattle so you can have everything for yourself.
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@dirk_jones48 @martianwyrdlord This is old and fake news. Deal was blocked 4 years ago by Canadian government due to security concerns.
@martianwyrdlord @dirk_jones48 Bro, this deal was blocked by Canadian government in 2021 based on security concerns and the mine is now owned by a Canadian company Agnico Eagle Mines.
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@martianwyrdlord @dirk_jones48 Bro, this deal was blocked by Canadian government in 2021 based on security concerns and the mine is now owned by a Canadian company Agnico Eagle Mines.
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Fake news. This deal was blocked and mine is owned by a Canadian company.
Holy shit. I had no idea about this. The Canadian government is a walking security threat. "In 2020, a Chinese state-owned mining company bought the Hope Bay Mine — a distressed and heavily indebted underground gold mine in Nunavut with significant operational challenges. ... the mine is at tidewater in the only part of the high arctic that reliably has open water every summer, it has a deep water port, an underground mine shaft only a few hundred meters from tidewater, and a fully functional aerodrome and mining camp… the central location on the map below, which shows the mine at an equal distance from almost every large city in America, says it all. And with no roads to reach the location by land, no-one would have had any oversight over what could have gone on there, what ships (or submarines) come and go under cover of supplying the mine, or what is stored out of sight in that shaft. If a hostile actor wanted to establish an easily suppliable location, with plenty of time to build up a secret future military base from which to launch a surprise missile attack on America from a wholly unexpected direction in the event of a war, all legitimized under the cover of “mining activity”, there truly isn’t a better location." Via @JuliusRuechel's SS essay, "Trump's War on Global Socialism (Part 2) — Canada"
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We should do everything possible to avoid a tariff war. Trudeau tariffs increase the costs for Canadians (can look at our dairy product prices to see the effect). Trump tariffs increase costs to Americans and will hurt Canadian exports. Carbon tax needs to go, but it is a rounding error versus tariffs.
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@potential__sam @StealthQE4 @CEG_123 Definitely easier to transport than many other physical assets. Gold is a real asset and worth approx 30 barrels of oils (very close relationship due to extraction costs). (Covid dropped oil and spiked gold. Major anomaly)
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@potential__sam @StealthQE4 @CEG_123 In a bad case scenario like war or takeover gold is a more portable versus land.
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Gold is countercyclical and can help stabilize portfolio. An option is to assign a percentage of portfolio to it, and on average you will make 8% a year (since 1971 when off gold standard). Over same time period S&P500 earned 8% as well, but difference maker is reinvesting the dividends. This got 11% returns since 1971. Real estate not quite as good, but with healthy leverage can equal S&P500…just more work!
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@potential__sam @StealthQE4 @CEG_123 Gold is non-productive asset. It underperforms stocks and real estate. It performs closest to unused land that has no cash flow (and no tax).
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@StealthQE4 @CEG_123 It shouldn’t be. Fiat always has, and always will, go to zero versus gold. $1 million gold will absolutely happen. The only question is when.
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@ThunderHorseCA @MelissaLMRogers If Canada joins EU we will! Canada should remain Canada. EU will just unload massive refugees on Canada and raise taxes. I’ve been visiting Europe since 2000. It has gone downhill very badly.
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