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When is the world economy going to tank ?

Discussion in 'Australia' started by moretti, Sep 30, 2022.

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  1. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    59,757
    Australia
    Full Name:
    John
    #1 moretti, Sep 30, 2022
    I'm tossing up on gold or silver for protection of my cash
     
  2. islerodreaming

    islerodreaming Formula 3

    Aug 11, 2007
    1,707
    Full Name:
    John - a proud Australian man
    #2 islerodreaming, Sep 30, 2022
    Having recently retired I expect any moment..

    John
     
    Solid State, Steve355F1, kerrari and 1 other person like this.
  3. DMWC

    DMWC Formula 3

    Jan 23, 2013
    1,753
    Sydney Australia
    Full Name:
    David C
    #3 DMWC, Sep 30, 2022
  4. Horse

    Horse Three Time F1 World Champ
    Owner Silver Subscribed

    Dec 1, 2005
    35,398
    Brisvegas
    Full Name:
    Jon
    #4 Horse, Sep 30, 2022
    The sky is falling?


    Sent from my iPhone using FerrariChat
     
  5. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    59,757
    Australia
    Full Name:
    John
    #5 moretti, Sep 30, 2022
    Last edited: Sep 30, 2022
    Remember Skylab ?

    The RAAF scattered all of the F-111s all over Amberley in case it hit QLD :p

    I had a BBQ at my place with some mates waiting for it to hit us :p

    No planes got washed that day
     
    365GTC/4 likes this.
  6. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    59,757
    Australia
    Full Name:
    John
    #6 moretti, Sep 30, 2022
    Got a day and month ?

    I'm digging a hole and need to know when to fill it with gold and wait out the storm
     
  7. kerrari

    kerrari Two Time F1 World Champ

    Oct 22, 2004
    23,998
    Coolum Beach AUSTRALIA
    Full Name:
    Karen H.
    #7 kerrari, Sep 30, 2022
    On a slightly sideways note - any opinion on squirrelling some GBP away now for a future trip? Euros would be more useful to me but they seem to be holding up at present?
     
  8. simon klein

    simon klein Two Time F1 World Champ
    Owner

    Feb 25, 2009
    29,699
    North Qld
    Full Name:
    simon klein
    #8 simon klein, Sep 30, 2022
    Yep,put whatever you have under the matress/floor!
     
  9. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,321
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    #9 Arvin Grajau, Sep 30, 2022
    Not Silver ,its as common as dirt unless its Georgian .
     
  10. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    59,757
    Australia
    Full Name:
    John
    #10 moretti, Sep 30, 2022
    I'm being serious for a change Rob, some "smart" people are saying to do silver as well as gold
     
  11. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,321
    Wurundjeri man.
    Full Name:
    Arvin Grajau
    #11 Arvin Grajau, Sep 30, 2022
    NO not silver ,Google the Hunt Bros ..
     
    I16 likes this.
  12. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,321
    Wurundjeri man.
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    Arvin Grajau
    #12 Arvin Grajau, Sep 30, 2022
    For most of us money is NOT the problem...time IS.

    I don't need capital ..I need income
     
    PAP 348 likes this.
  13. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    59,757
    Australia
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    John
    #13 moretti, Sep 30, 2022
    I've got income and capital ....... I'm trying to find a place to hide it from the crash
     
  14. moretti

    moretti Five Time F1 World Champ
    Lifetime Rossa Owner

    Nov 1, 2003
    59,757
    Australia
    Full Name:
    John
    #14 moretti, Sep 30, 2022
    My dad told me about the Hunt bros before he died and that was 30 years ago last month, not that I miss him ( :( )

    https://coinpriceforecast.com/silver

    This looks good
     
  15. JJ

    JJ F1 World Champ

    Jan 6, 2010
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    PA
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    24601
    #15 JJ, Sep 30, 2022
    Wait. Is there so much that it's worthless or so little that a couple brothers can own it all? Can't be both.
     
    Arvin Grajau likes this.
  16. Steve355F1

    Steve355F1 F1 World Champ
    Owner Silver Subscribed

    Aug 26, 2011
    17,136
    Adelaide, South Aust
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    Steve
    #16 Steve355F1, Sep 30, 2022
    I’m a long way from being an expert, but I don’t think that’s a bad idea.
    If I had any spare cash I’d probably grab some GBP now as we’re probably going over next year.
     
    Arvin Grajau likes this.
  17. 575

    575 F1 Rookie
    Owner Silver Subscribed

    Nov 20, 2009
    4,642
    #17 575, Oct 1, 2022
    Rising interest rates will smash the gold price.
     
    PAP 348 likes this.
  18. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,321
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    Arvin Grajau
    #18 Arvin Grajau, Oct 1, 2022
    Do you have proof?
     
  19. moretti

    moretti Five Time F1 World Champ
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    Nov 1, 2003
    59,757
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    John
    #19 moretti, Oct 1, 2022
    I've read the same Joe, hence why I was thinking silver
     
    575 likes this.
  20. Arvin Grajau

    Arvin Grajau Seven Time F1 World Champ

    Jun 7, 2006
    78,321
    Wurundjeri man.
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    Arvin Grajau
    #20 Arvin Grajau, Oct 1, 2022
    Carl and Greg are the ones to talk to about Gold!
     
  21. Steve355F1

    Steve355F1 F1 World Champ
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    Aug 26, 2011
    17,136
    Adelaide, South Aust
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    Steve
    #21 Steve355F1, Oct 1, 2022
    There’s plenty of proof that I’m not an expert!
     
  22. knocker

    knocker F1 World Champ

    Jul 10, 2017
    12,293
    Sydney Aus
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    Adrian
    #22 knocker, Oct 1, 2022
  23. I16

    I16 Formula 3

    Sep 15, 2008
    2,188
    #23 I16, Oct 1, 2022
    All will end up pork hunt...
     
    DMWC and Arvin Grajau like this.
  24. jmillard308

    jmillard308 F1 Veteran
    Owner

    May 29, 2003
    6,672
    Perth West Oz
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    John Millard
    #24 jmillard308, Oct 1, 2022
    Lithium
     
    PAP 348, kerrari and knocker like this.
  25. Horse

    Horse Three Time F1 World Champ
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    #25 Horse, Oct 1, 2022
    Really?


    Sent from my iPhone using FerrariChat
     
    knocker likes this.
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