Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Topics - jackg

Pages: [1]
1
The United Kingdom and the European Union / Wonga have collapsed
« on: August 30, 2018, 06:48:14 PM »
I'm not sure whether this is good news or bad news that one of the largest UK based payday lending companies has collapsed (and by largest I mean it was at least the most advertised and had a large number of customers it took advantage of - I mean gave loans to)...

The first of a line of issues that could lead to our next financial crisis and cause similar to what we had in 2008 or even more extreme.

2
According to the below video, we only store 197 000 000 000 worth of gold for the entire country.

In a world where the internet is used so much, could a greater amount of this gold be used for storing currency and transmitting it?

My bank currently gives me ~1.5% interest, if the value of gold is very stable and at 2.5% inflation, I would make more interest by converting everything to gold (not sure where I'd store it though, maybe a hole somewhere).

Video: https://www.youtube.com/watch?v=CTtf5s2HFkA

3
Bitcoin and other crypto-currencies / Bitcoin Price Speculation Thread
« on: August 10, 2018, 03:46:12 PM »
My current predictions is that at some point within the next two months, bitcoin will drop to be 4500 and at that drop, it will then rapidly grow in value and keep growing for between 4-6 months.

My question is: how much do you guys think it will grow (or drop before it does grow) and do you know of anything useful to our community that will make it's value change?

Pages: [1]