Wednesday, May 4, 2016

Quote of the Day

The $10,000 dollar bill does exist

From the comments:

The Baldchemist Says:
January 7th, 2008 at 3:29 pm

Dollar bills of any denomination aren’t worth a light these days. Get into Yen; Ruppees and Euros.

Yen? +2%. Nice.
Rupees? -41%. Oops!
Euros? -22%. Oops!

Perhaps the rule of thumb should be, never take financial advice from an anonymous person on the internet who can't actually correctly spell the investment? Ruppees? With a 41% loss since 2008, puppies would have been a much better investment!

Puppies? Good investment.
Poopies? Not so much.

See? Spelling is important! ;)

April 7, 2016
Rupee does not face any ‘serious’ depreciation challenge

This should provide much comfort to the bald chemists of the world, lol. Sigh.

Bad Mark. Bad! Bad!

Disclosure: Still sitting in dollars. Still heckling Peter Schiff and Jim Rogers. Still not planning to move to China. Bought gold and silver in 2004. Sold gold and silver in 2006 for a 50% profit. Still never planning to buy them again. Whatever happens, happens. Sigh.

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