Q from a clueless re the national debt. - Page 5 - Business, Finances and Investing Forum

Unfortunately I did not have the luxury to go back in history and pick out a profitable strategy out of many available going forward. Also, my model was unbiased regarding any bull/bear run, i.e. it held long and short positions. It also took into account trading costs and latency, which can eat a large portion of any edge.

Also, any short term trading model without some kind of stop is unwise IMO.

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02-27-2018 , 05:20 PM

#102

Rant

old hand

Join Date: Oct 2006 Posts: 1,436

Quote:

Originally Posted by Howard Beale

I really wish that I'd thought to add a public poll bec so far it looks 50-50 to me.

IMO - The market, in aggregate, knows more about this than anyone. Treasury rates are very low == national debt level is OK.

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02-27-2018 , 05:21 PM

#103

Rant

old hand

Join Date: Oct 2006 Posts: 1,436

That said - As I've studied economics the one thing I've become sure of is that NO ONE knows anything substantial about economics.

There are big disagreements on the fundamentals of how fiat money works.

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02-27-2018 , 10:17 PM

#104

Howard Beale

Formerly red

Join Date: Sep 2005 Posts: 22,190

Anyone here sitting on physical gold?

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02-28-2018 , 12:24 AM

#105

de captain

Pooh-Bah

Join Date: Mar 2008 Posts: 5,514

Every time I go to the loo. Don't you?

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02-28-2018 , 11:21 AM

#106

Howard Beale

Formerly red

Join Date: Sep 2005 Posts: 22,190

When I can't think of a snappy comeback I just tell the truth which is 'no.'

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02-28-2018 , 03:25 PM

#107

BoredSocial

Pooh-Bah

Join Date: Mar 2009 Posts: 5,018

Quote:

Originally Posted by Howard Beale

When I can't think of a snappy comeback I just tell the truth which is 'no.'

Your answer is deafening silence. We used to have gold bugs in this subforum... Now we have crypto people. There's always a subset who think that the world is about to end and X is going to be valuable. If I ever start to agree with them about the former I'm stockpiling solar panels, batteries, canned food, and ammo.