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An Ode to Bayside and Our People
A view requested that I explain what is happening to his beloved neighborhood of Bayside New York City.
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  1. Another neighborhood in the borough of Queens is Sunnyside. Still has a bit of its longstanding white community (and now a growing number of Indians and such from that region – but at least for the most part don’t commit crime). Don’t commit crime like the demographics that Obama desires to mix in. And with that, just one of the many examples of this – http://www.nydailynews.com/new-york/queens/homeless-shelter-resident-punches-queens-man-face-article-1.3758383

    Diversity can be okay. Forced diversity is NOT.

  2. FKA Max says: • Website

    twenty one pilots: Stressed Out [OFFICIAL VIDEO]

    Somewhat off-topic, but I think relevant regarding us and our nations becoming culturally and economically poorer, etc., especially for Alt Righters who are currently invested in Bitcoin and/or the stock market. This is what I just wrote to a very wealthy friend of mine; excerpt:

    I believe the stock market is currently in a bubble, but at the same time bubbles like this can continue on for quite some time…

    In any event, the Dow Jones Index to ounce of gold ratio is historically about 6 http://goldsilverworlds.com/price/the-dow-jones-to-gold-ratio-will-2015-be-the-turning-point/ , currently the Dow Jones is at about 26,600 points and an ounce of gold costs about 1350 USD. 26,600 divided by 1350 = ~ 19.7

    In May of 2008 just shortly before the last big stock market crash the Dow Jones Index was at 12,500 points and an ounce of gold cost 900 USD. 12,500 divided by 900 USD = ~ 13.8

    The Dow Jones is thus valued 1.42x higher in gold today than it was in May 2008, shortly before the last stock market crash.

    You can read more about the Dow Jones to Gold ratio here: http://www.free-bullion-investment-guide.com/dowtogoldratio.html

    You might want to consult with your wealth advisors on these matters, and consider investing some of your money (10%) in gold or gold mining companies/stocks like Barrick Gold, etc., for example.

    The Dow Jones To Gold Ratio

    Source: http://goldsilverworlds.com/price/the-dow-jones-to-gold-ratio-will-2015-be-the-turning-point/

    Could gold prices one day meet the Dow at 20,000 or some other number? A return to the 1:1 ratio is an extreme scenario, to be sure.

    Source: http://goldsilverworlds.com/economy/stock-market-highs-make-strong-case-precious-metal-buys/

    • Replies: @Anonymous
    , @FKA Max
  3. KyGrifter says:

    Grief is exactly what I feel when I see how my city, Louisville, is going to hell. More people in poverty, schools are worse, infrastructure is collapsing, trash everywhere, working class neighborhoods are in shambles. We are taking in so many immigrants every year that their children will fill an elementary school. That’s 500+ non-English speaking kids every year. Crime is off the charts even though local police have found clever ways to cook the books by discouraging crime victims from filing police reports. (“We’ll never find your bikes. If you file a police report it might cause insurance rates to increase in your zip code.”) The cities are lost or almost there. De-camp to exurbs & rural areas. No Sec8, no public transportation means NO DIVERSITY. Get out and buy as much land as you can. I have 300 acres waiting for me and I can’t wait to leave this shithole.

  4. Anonymous • Disclaimer says:
    @FKA Max

    Those ratios were before Bitcoin and cryptocurrencies. Presumably some of the money that might have gone into gold in the past is now in Bitcoin and cryptos, skewing the ratio.

    • Replies: @FKA Max
  5. FKA Max says: • Website
    @Anonymous

    Total crypto market cap https://coinmarketcap.com/charts/ is around 600 billion USD at the moment, and was about 800 billion USD at its peak.

    The total value of all gold mined on the planet at the moment is:

    What makes gold so liquid is the immense size of its market. The larger the market for an asset, the more liquid it is. According to the World Gold Council, the total value of all gold ever mined is about $7.8 trillion.

    https://www.forbes.com/sites/oliviergarret/2017/10/26/all-the-reasons-cryptocurrencies-will-never-replace-gold-as-your-financial-hedge/

    So, the cryptos’ market cap was about 10% of gold’s market cap at its peak.

    If cryptos did not exist and all that money had gone into gold instead, that would put the gold price at about 1,500 USD currently. Even at that valuation the Dow Jones to Gold ratio is still ~ 17.7 : 26600 Dow Jones divided by 1500 USD per ounce of gold.

    My friend wrote back to me asking me about my opinion on cryptocurrencies: “Are you following cryptocurrencies?Some people around me are really deep in this,..and even making quite good monies..”

    This is what I replied back to him:

    I think Bitcoin, which is the most famous and popular crypto currency, is currently overvalued at 11,000 USD, I think a fair and reasonable valuation is probably one Bitcoin for one ounce of gold. So with gold being 1350 USD at the moment Bitcoin should be the same price at a fair and reasonable valuation, in my opinion.

    So, you should tell your friends who are deep into Bitcoin, etc., to sell their Bitcoin and invest their profits into gold, just my two cents ;-)

  6. FKA Max says: • Website
    @FKA Max

    …the Dow Jones Index to ounce of gold ratio is historically about 6…

    I just wanted to clarify that 6 is the median ratio over the last 117 years.

    The average ratio is about 10 according to this graph:

    The Dow Gold Ratio – A Relative Value Indicator

    Ounces of gold required to ‘buy’ one unit of the Dow Jones

    Source: http://bmg-group.com/dow-gold-ratio-relative-value-indicator/ Archived link: http://archive.is/sBx1L

  7. To get back to the video – it’s another powerful one. Not just focussing on the big picture and the disasters, but on the little things. The death of a thousand cuts through diversity, spoiling our communities by the petty crimes, so small they pass under the radar…

    As time goes by, people forget, then disbelieve. Here in Australia, people would talk of never locking their houses or cars – growing up, I found it hard to accept. And here we are, accepting a surveillance state as a matter of course…

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