VVO Supporter 🍦🎈👾❤
- Sep 20, 2018
- SLU Posts
The whole thread to which Charlie Stross links is worth reading
Yeah but silver and gold have intrinsic value - meaning they will always be worth something. The same can't necessarily be said of stocks.Considering you've also be buying gold when it's at its highest price for over 50 years, I think that might be an investment you'd come to regret
Like any other commodity, they're worth whatever someone is prepared to pay for them (or not) at the time you're trying to sell them.
There is no such thing as intrinsic value. Gold has intrinsic properties like density and melting point. Those are determined by nature. But value is entirely a human construct. It is determined by what other things people are willing to trade for your gold. Other people's desires and emotions about gold are variable.
Loudly chanting their opposition to face masks and vaccines, thousands of people gathered in Berlin on Saturday to protest against coronavirus restrictions before being dispersed by police.
Police put turnout at around 20,000 -- well below the 500,000 organisers had announced as they urged a "day of freedom" from months of virus curbs.
Despite Germany's comparatively low toll, authorities are concerned at a rise in infections over recent weeks and politicians took to social media to criticise the rally as irresponsible.
My parents listened respectfully to me and to what I had to say about the coronavirus, but they also trusted our elected officials when they said we were on the other side of the pandemic. “The governor said it was safe,” Dad told me as, for the first time in months, he prepared to go out and meet up with his friends at their favorite karaoke bar. “Why would he say that if it wasn’t?”
A few weeks later, as he was fighting to breathe and terrified that he might die, he told me he felt betrayed. It was one of our final conversations. The next day, he was put on a ventilator. He died five days later, without family, as an ICU nurse held his hand. My father didn’t deserve that ending, and neither did the 149,000 people, and counting, that we’ve lost.
Stocks represent ownership of a company. So long as companies provide useful products that people are willing to buy, shares of stock will be worth something. Emotion drives the price of stocks up and down by causing a temporary imbalance between buyers and sellers. If that bothers you, buy something more stable.
I have some issues with this. I mean, not specifically with the writer of the piece, but just the idea that fathers can't freaking take care of their kids? Which is a peeve of mine up there with dads 'babysitting' their own kids.For the past few months, Alicia Wertz has barely seen her husband. Since schools closed in their northern Alabama town in March, they’ve been single-mindedly fo…fivethirtyeight.com