Pelican Parts Forums

Pelican Parts Forums (http://forums.pelicanparts.com/)
-   Off Topic Discussions (http://forums.pelicanparts.com/off-topic-discussions/)
-   -   Investment Advice Form The Investment Guru (http://forums.pelicanparts.com/off-topic-discussions/1066292-investment-advice-form-investment-guru.html)

tabs 07-03-2020 10:17 AM

Investment Advice Form The Investment Guru
 
The investment advice that I received from the Investment Guru so far has been:

1. Buy Ak 47's

2. Buy ammo for the Ak 47

3. Buy a AR 15

4. Buy Ammo for the AR 15

5. Buy high yield negative interest rate bonds

6. Trade in your Mercedes Benz for a beat up old Chevy.


I will gladly keep you informed as to further investment advice that I receive from the Guru.

wilnj 07-03-2020 11:16 AM

Investment Advice Form The Investment Guru
 
Quote:

Originally Posted by tabs (Post 10932529)
The investment advice that I received from the Investment Guru so far has been:

1. Buy Ak 47's

2. Buy ammo for the Ak 47

3. Buy a AR 15

4. Buy Ammo for the AR 15

In evaluating my needs, I’ve been giving this some thought, why two different calibers with much the same function?

I’ve been looking at pistol caliber rifles so that I can focus on 1 type of ammo that would serve two separate needs.

Is my thinking flawed?

tabs 07-03-2020 11:45 AM

Quote:

Originally Posted by wilnj (Post 10932593)
In evaluating my needs, I’ve been giving this some thought, why two different calibers with much the same function?

I’ve been looking at pistol caliber rifles so that I can focus on 1 type of ammo that would serve two separate needs.

Is my thinking flawed?

After consulting with the Investment Guru, he basically says that a Rifle caliber either in 308 ,7.62 X 39 or 5.65 are standard issue military Assault weapon cartridges which give range, penetration and knock down power that a pistol cartridge can not provide.

A high capacity pistol in 9mm or 45 acp is considered to be a secondary or back up weapon by military establishments through out the world. Which are effective in close quarters or at close range.

The cartridges mentioned above are more or less universally used and are generally readily available. the advantage to owning weapons in more than one caliber is if one caliber became in short supply you would always be able to use another if the opportunity arose. The disadvantage is that you have to keep in stock more ammo.

The other choice which is overlooked by the general population but is not lost on people who understand survival in adverse conditions is the 22 lr. You can carry a lot of ammo because of it's light weight and the small space it takes up. It is a good small game cartridge and has a fair amount of lethality in adverse conditions.

The Guru feel that if you have a choice between a rifle or pistol, cartridge you opt for the rifle. There is a reason why military establishments do not issue pistols to all of their soldiers.

wilnj 07-03-2020 12:00 PM

I get the needs for a military application, but I don’t think suburban NJ has the same demands.

The thought of a .22LR has occurred to me with the idea that I could easily afford to put 2000 rounds through it to gain proficiency at $0.10/round.

E38Driver 07-03-2020 12:04 PM

If you are just now thinking about a weapon or ammo you are very much behind the curve. The number one rule of ammo is buy it cheap and stack it deep.

Dave

tabs 07-03-2020 12:10 PM

Quote:

Originally Posted by E38Driver (Post 10932649)
If you are just now thinking about a weapon or ammo you are very much behind the curve. The number one rule of ammo is buy it cheap and stack it deep.

Dave

The Guru feels better late than never...there is no telling where prices go from here. It is one thing to have stacked it cheap and deep. You are already supplied. Pricing is relative and yesterdays prices are not indicative of future trends.

tabs 07-03-2020 12:12 PM

The Guru says . That Spoons are store houses of value that just does not go away. Over time they do appreciate if taken care of.. They are not toys but are tangible assets.

In this economic, social and political environment spoons have more viability as a investment than any other. You have seen Equities drop 1800 points in one day. You have seen RE crash and burn before, you have seen Bond yields plummet or have defaulted, commodity prices go to zero (oil) and fiat currencies become worthless.

You have even see crypto currencies be decimated at the flick of a switch. Gold and Silver while viable assets are subject to price manipulation by various entities.

The situation at best can be described as being precarious.

tabs 07-03-2020 12:25 PM

Quote:

Originally Posted by wilnj (Post 10932646)
I get the needs for a military application, but I don’t think suburban NJ has the same demands.

The thought of a .22LR has occurred to me with the idea that I could easily afford to put 2000 rounds through it to gain proficiency at $0.10/round.

The Guru says...and btw I hang on his every word..as if it is the very word of God himself.

More like sub .05 cents a round.

What makes suburban NJ any different than Mogadishu? When the situation turns south it turns south no matter where you are. There is a universal common denominator no matter where you are.

trader220 07-03-2020 12:37 PM

If you're following that advice, perhaps stocking physical gold might be of interest too?

stevej37 07-03-2020 12:37 PM

My .22LR with scope will take care of any varmint/predator in my area.
If the bear population keeps increasing...may have to step that up.
Otherwise...any more is a waste of money.

tabs 07-03-2020 01:32 PM

Quote:

Originally Posted by trader220 (Post 10932680)
If you're following that advice, perhaps stocking physical gold might be of interest too?

The Guru says very true with the following caveats.

1.Gold and Silver while viable assets are subject to price manipulation by various entities.

2. Importantly in 1933 FDR made it illegal for US citizens to own Gold bullion or to use it as legal tender. It was at apx $35 an oz until 1973,


The Guru feels that Gold and Silver are poised for a massive break out in price. BA has a target of $3000 and oz and KITCO has revised it's estimate from $3000 to $5000 an oz. Rickard sys that to cover evey USD printed Gold would have to be at $50,000.00 and oz

Spoons would also follow that valuation in short order. as a plus they are a shadow economy asset..



One of the things that should make people take a step back and think is that there is 13T USD in Negative Interest Bonds in the world..

tabs 07-03-2020 01:36 PM

Quote:

Originally Posted by stevej37 (Post 10932681)
My .22LR with scope will take care of any varmint/predator in my area.
If the bear population keeps increasing...may have to step that up.
Otherwise...any more is a waste of money.

The Guru feels that in any well stocked arsenal the 22 lr has it's place. As the Guru is fond of saying, "You can never have too many Spoons."

stevej37 07-03-2020 01:47 PM

^^^ Great news.
I was not wanting to buy an AK or AR

tabs 07-03-2020 01:53 PM

Quote:

Originally Posted by stevej37 (Post 10932754)
^^^ Great news.
I was not wanting to buy an AK or AR

The Guru feels that there may come a day when you will wish you had followed his advice more closely. But you have been given Free Will so you may do as you wish or think is appropriate.

tabs 07-03-2020 02:30 PM

You don't talk to the Guru. You listen to him. The man's enlarged my mind. He's a poet warrior in the classic sense. I mean sometimes he'll... uh... well, you'll say "hello" to him, right? And he'll just walk right by you. He won't even notice you. And suddenly he'll grab you, and he'll say, "If you can keep your head when all about you are losing theirs and blaming it on you, if you can trust yourself when all men doubt you"... No, I can't... I'm a little man, I'm a little man, he's a great man! If you were here... if you could have heard the Guru speak just two days ago. I wish I had the words.. But you don't judge the Guru. You don't judge the Guru like an ordinary man.

Arizona_928 07-03-2020 02:46 PM

Beat up Chevy! LOL

You need to say get a horse. They don't require petrol.

Mike80911 07-03-2020 02:48 PM

Well I live in NY so the first 4 pieces of advice are impossible for me to attain and I already have an old Chevy so can I also keep my Mercedes? I guess I can only purchase bonds will this leave me ready for retirement? Looks like I am screwed

Arizona_928 07-03-2020 02:52 PM

Quote:

Originally Posted by Mike80911 (Post 10932805)
Well I live in NY so the first 4 pieces of advice are impossible for me to attain and I already have an old Chevy so can I also keep my Mercedes? I guess I can only purchase bonds will this leave me ready for retirement? Looks like I am screwed

Yeah you're boned.
6.5 swap the cheb and buy 250 gal of diesel.

Bill Douglas 07-03-2020 03:09 PM

Can always carry a snub nosed .38 in pocket in case all of the above goes wrong.

tabs 07-03-2020 03:18 PM

Quote:

Originally Posted by Mike80911 (Post 10932805)
Well I live in NY so the first 4 pieces of advice are impossible for me to attain and I already have an old Chevy so can I also keep my Mercedes? I guess I can only purchase bonds will this leave me ready for retirement? Looks like I am screwed

The Guru thinks that the criminals don't think that they couldn't attain them.. As for the Benz the Guru thinks that one does not want to create the impression that you are a rich swell that is easy pickins. And yes you are like all of the rest of us.


All times are GMT -8. The time now is 12:35 AM.

Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0
Copyright 2025 Pelican Parts, LLC - Posts may be archived for display on the Pelican Parts Website


DTO Garage Plus vBulletin Plugins by Drive Thru Online, Inc.