Quote:
Originally Posted by CoachKandSportsguy
5% to 10% in GOLD should help your portfolio.
The USD will weaken, which is a goal of certain economic strategies which favors the tiny mfg export sector and penalize the remaining domestic import products sector, inflation will have a higher increasing floor.. . just remember, the real rate of interest is the key. . . and the 30 year TIPS yield have a 20 plus years high. Maybe buy some european assets such as $IEUR, $EZU, $VGK which will benefit from the exchange rate trends
Lots of third world behaviors appearing in places where it should't be. . . because of cognitive dissonance in some people. .
But yea, it's all about free social security income and the DOGE mirage. .
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Nickel crammers can stick their money in Europe and Asia, I would stick with our country anytime. If I go broke, I'll live off the European nickel crammers. Why not, so many have learned to live off the largess of others that I guess it would be my turn.
At a certain income level, I fully advocate no Social Security taxes. I'm seeing those living at the lower end of income levels struggling in their senior years. No SS taxes on a couple earning $75, 000. or less and on a single senior with income of $50,000. or less.