Alright, fellas. I’ll have to admit something. My Russian squeeze REALLY needed that extra $400 for rent on top of the standard I gave her. So I loaned it to her. She just paid it back!
Not gonna lie. I give her mad respect for that. Would I keep doing that? Mayyyybe not. She is a cool chick and wants to hang out. Yea, sometimes for you-know-what. At the same time, they’re people. I don’t just throw away money. However, a lot of these chicks like being treated like a human. Stay a gentleman. It’s okay to pay for play. They’re human. Be SMART. More times than not, it works out well.
She was happy. I didn’t need to money at the time. She paid it back. It makes her more trustworthy. Plus, I know I ain’t gonna get MeTooed. 😂
Silver is looking pretty relentless. Despite prices rising above 14 year highs the gold to silver price ratio is still 87:1. That is just crazy. Historically the mean over the last 60 years has been 50:1–which means the price of silver is still stupid cheap. In the days when the Dollar was redeemable in gold and silver the historical mean was 15:1!
At the same time the price makes me apprehensive and uncertain about what’s going to happen in the short term. In the long term we will definitely see three digit silver. So that’s why I took out leverage on all of my physical kilo bar holdings and bought more silver ETN shares.
Gold pushing up on $3,700 is not surprising at all. With all of the inflation looting over the past four years it should be $5,000+ already. Falling interest rates and flight to safety/liquidity by financial institutions should push the price to $4,000 relatively soon.
If the knives come out for the precious metals it will be an attack on silver. Silver is still ...
