@Tfmonkey's clients seeing their position becoming a long-term capital investment
@ButtWorldsMan To be fair, there are much smarter people that have lost a lot more than me because they were using leverage and options, and there is still hope that commodities will by the end of the year, but definitely next year.
@Tfmonkey @ButtWorldsMan Are you still against the Forex market even if those Forex markets are part of BRICS
@Scubbie @ButtWorldsMan if you want to profit from the BRICS currency, just own gold, and don't even mess with the BRICS currency directly
@Tfmonkey @ButtWorldsMan It’s not that I want to profit off of BRICS I want to survive the fall of the American dollar With some wealth
@Scubbie @ButtWorldsMan there is no financial solution to a political problem.
@Scubbie @ButtWorldsMan Anything you can use the government can seize, ban, or destroy if they choose.
If you want to go play in the FOREX market, be my guest. Why are you even asking me when you've already made up your mind?
@Tfmonkey @Scubbie @ButtWorldsMan what is the forex and how can I play with it? And can I do this using vanguard
@37712 @Tfmonkey @ButtWorldsMan Forex market is a global marketplace for exchanging national currencies,I have never traded it before so is a learning curve I have to research a forex broker and a online trading platform.My thought pattern is if the USD is going to lose -% of its value,you can exchange it for multiple currencies that will gain +% as a hedge against the amount of USD you have.It is all a gamble and not sure how Taxes and trades are structured.am curious because I read an article
@Scubbie @Tfmonkey @ButtWorldsMan
I wonder why TFM does not trade in fored with the demise of the dollar being so certain.
@37712 @Tfmonkey @ButtWorldsMan Forex is different and separate from the stock market it trades 24/7, Their is a learning curve and it is risky.It is like learning Calculus if you skipped Algebra.So it is not a fundamental type investment,which is out of his comfort zone
@Scubbie @Tfmonkey @ButtWorldsMan
But this could be the trade of a life time, you have a currency like the dollar that is guaranteed to go bust against pretty much any other type of currency, better yet, you have the ability to own the currency of countries that are part of bricks and are sure to increase in value
@37712 @Scubbie @Tfmonkey Hol up i need a more educated opinion on this. Ay @MrpoopyButhole does this shit not sound amateur FOMO as fuck to you? Like cryptobro about to lose his money tier amateur.
@ButtWorldsMan @37712 @Scubbie @Tfmonkey forex requires TA. Forex is gambling. Forex is based on nothing but feelings.
@MrpoopyButhole @37712 @Scubbie @Tfmonkey Trade of a lifetime bro. Guaranteed bust bro.
@ButtWorldsMan @37712 @Scubbie @Tfmonkey the dollar is an iou nothing, the euro is an io who nothing.
@ButtWorldsMan @37712 @Tfmonkey @MrpoopyButhole I actually had read an article where Warren Buffett said that Forex market could be used as a hedge with the fall of the dollar but I don’t know how to do that I failed economics and had to finish it in night school so yeah I’m nervous about spending my hard earned cash
@Scubbie @ButtWorldsMan @37712 @Tfmonkey did some gym bro try to sell you forex tips?
@MrpoopyButhole @Scubbie @ButtWorldsMan @Tfmonkey I have never done forex in my life so I fo t really know how it works, but what I can tell you is that the US dollar is taking a beating against the Mexican Peso and it does not look like it will recover
@37712 @Scubbie @ButtWorldsMan @Tfmonkey imagine a world where taking risk without even the slightest awareness of it took precedent because the gym bro promised gains. Turns out most forex traders make less than minimum wage, lose money and would do better buying gold coins. What is this risk I speak of? The only risk they see is the validation risk.
@MrpoopyButhole @37712 @Scubbie @Tfmonkey
>I don't know how it works
>guaranteed bust
>may be trade of a lifetime
>doesn't look like it'll recover
The more he tries to justify it as a good idea, the more he buries himself.
@ButtWorldsMan @MrpoopyButhole @Scubbie @Tfmonkey shit guys you are already acting as if I put my money on it and lost everything already, fucking drama queens. At best it was an idea in its infancy.
@37712 @ButtWorldsMan @Scubbie @Tfmonkey I'll kill babies for sport, show me a stupid idea and I'll abort it. Fuck I hate sam Harris. Don't believe me nigga ? Watch this...https://youtu.be/6KJhM7Pg5EA?feature=shared. Make sure it's at least 1.5x speed. Fuck I hate tyrants
@37712 @MrpoopyButhole @Scubbie @Tfmonkey If we made the idea sound bad to keep you from going through with the plan and being a fucking retard then we won. You were warned.
@37712 @Tfmonkey @Scubbie @ButtWorldsMan forex is the super duper cool trader kids club, only the broist of bros can enter. No Mexicans!
@MrpoopyButhole @Tfmonkey @Scubbie @ButtWorldsMan
Lol, no mexicans, then I should have no problem getting in.
@Tfmonkey @ButtWorldsMan You say there is no financial solution to a political problem,true, playing by Americas Financial and Political rules,But if these rules are being used to destroy your wealth,shouldn’t you find a International work around,move or convert your money,where it is favorable as a hedge(Forex market),Not wanting to hold Physical Gold or Silver and not trying to solve America’s political problems,Just trying to salvage some wealth