Economic Crash and SOM
Posted: Tue Mar 17, 2020 4:16 pmThis is for anyone who thinks that my The Last Druid moniker is bullshit.
The Last Druid
Posts: 1611
Joined: Wed Aug 29, 2012 9:13 pm
Re: I discovered a new drug
PMTue Oct 08, 2019 8:42 pm
From: The Last Druid
To: rburgh
Thanks for the heads up. I expect the economy to crash mid January of 2020. Should I be correct in my prognostication, SOM will probably not be viable any longer. In that case, I would be very interested in checking out this site. Otherwise though, I would probably wait until I retire to check it out, as my chess and SOM addictions take up most of my discretionary time at present.
Note that I wrote this to rburgh on 10/8/2019. Subsequently, in early January I completely modified my high risk investment portfolio (which had yielded a return of 61% over the previous eight years) and put everything into shorting the market. Suffice to say that has paid off handsomely indeed. Currently I am out of the market which I exprct to continue to crash. Silver recently dropped to a spot price in the $14 range. Nothing like precious metals to physically possess in times of economic disaster as well as stockpiled provisions, including the ordnance to safeguard them.
What I may have been wrong about is assuming that the imminent next Great Depression would put SOM out of business too. I foresaw a massive health crisis, with millions exiting the planet, but did not think that it would take place until 2022 and that it would be fueled by people despondent over losing everything. But it appears now that SOM may inadvertently benefit from the social distancing and the shutting down of face to face commerce in this country. So now I am optimistic about SOM's immediate future. So there is that.
So stay home if you can, be safe and get plenty of sunlight and do all that you can to enhance your immunocompetence. Most of us who play here are probably over 60 and may have one or more preexisting health issues, and are thus at high risk of adverse outcomes if we get the covid-19 virus. Maintaining a positive mental outlook will be critical to our immune functioning and not ending up as a statistic.
Be well!
The Last Druid
Posts: 1611
Joined: Wed Aug 29, 2012 9:13 pm
Re: I discovered a new drug
PMTue Oct 08, 2019 8:42 pm
From: The Last Druid
To: rburgh
Thanks for the heads up. I expect the economy to crash mid January of 2020. Should I be correct in my prognostication, SOM will probably not be viable any longer. In that case, I would be very interested in checking out this site. Otherwise though, I would probably wait until I retire to check it out, as my chess and SOM addictions take up most of my discretionary time at present.
Note that I wrote this to rburgh on 10/8/2019. Subsequently, in early January I completely modified my high risk investment portfolio (which had yielded a return of 61% over the previous eight years) and put everything into shorting the market. Suffice to say that has paid off handsomely indeed. Currently I am out of the market which I exprct to continue to crash. Silver recently dropped to a spot price in the $14 range. Nothing like precious metals to physically possess in times of economic disaster as well as stockpiled provisions, including the ordnance to safeguard them.
What I may have been wrong about is assuming that the imminent next Great Depression would put SOM out of business too. I foresaw a massive health crisis, with millions exiting the planet, but did not think that it would take place until 2022 and that it would be fueled by people despondent over losing everything. But it appears now that SOM may inadvertently benefit from the social distancing and the shutting down of face to face commerce in this country. So now I am optimistic about SOM's immediate future. So there is that.
So stay home if you can, be safe and get plenty of sunlight and do all that you can to enhance your immunocompetence. Most of us who play here are probably over 60 and may have one or more preexisting health issues, and are thus at high risk of adverse outcomes if we get the covid-19 virus. Maintaining a positive mental outlook will be critical to our immune functioning and not ending up as a statistic.
Be well!
