Comments by "Samson Soturian" (@samsonsoturian6013) on "Let's Talk Inflation (And How It Will Impact Your Portfolio)" video.

  1. As always with US economic problems, the amount of concern and doomsday speculation is way out of proportion to what's happening.
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  2. Note on higher used car sales: During downturns people tend to buy less cars, and when they do buy cars people often buy used cars.
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  3. That's an exaggeration, they only printed enough so that people who sold in the crash would buy back in, and most of the fictional dollars were thrown back into the proverbial wormhole they came from soon after.
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  4. No.
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  5.  @ElucarioYEAH  the stupidity of chumps...
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  6.  @jeffreytackett3922  obviously, not everyone is buying used cars all of a suddenly. These are consumer trends, statistical facts, nothing more.
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  7.  @kirilmihaylov1934  Dude, yes there is correlation although not perfect correlation. The reason being most of the gold/silver owned is owned as an investment or store of value, not a commodity. It bursts with all market crashes. If you're going to hedge against inflation, you'll need to get creative and NOT do the same thing 100,000 other people are doing.
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  8.  @kirilmihaylov1934  there are no right answers or best instruments in investing strategies. You may look at other commodities whose price won't change with rising cost of labor. Or you might use levered forex positions with countries that are having less or more inflation. Or you might find a stock that has rising income from rising prices but not rising costs.
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  9.  @kirilmihaylov1934  copper is still in its Tesla driven bubble (pun intended).
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  10.  @kirilmihaylov1934  berating people isn't getting you anywhere. This is a matter of fluid correlation, not if-then matters. The myth of the stability of the price of gold comes from how it retains value across EXTREME lengths of time of centuries upon centuries. For instance, gold had roughly the same value 2,000 years ago and we know this because we have legionary pay rosters. BUT it's price varies a lot over the decades and again will crash alongside all speculative assets.
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  11.  @kirilmihaylov1934  you're not helping your case by simply asserting your opinion simply is so. Gold has a 0.25 correlation to SPX, while if it was as you say it should have a 0 to -0.1 corelation. Gold's largest recent crash was the 2008 bubble when it blew up at the same time as stocks... And did so again during Covid.
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  12.  @kirilmihaylov1934  you're coming across as a lazy hypocrite
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  13.  @naddarr1  I have a meme of the doom guy with the caption Ok, Doomer for just such occasions.
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  14.  @tiempoz3965  that's either a sick joke or you should shut your trap permanently.
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