InvestorsHub Logo
Followers 12
Posts 619
Boards Moderated 0
Alias Born 12/14/2018

Re: longfellow95 post# 299592

Thursday, 08/13/2020 5:55:41 PM

Thursday, August 13, 2020 5:55:41 PM

Post# of 690257

Have you noticed how anybody giving an expert opinion on YT from their lockdown study, always has an extensive book collection on shelves behind them? I think it is supposed to give a sheen of learnedness. I think they rent the shelves and books by the hour and get them wheeled in for the recording.


Whenever there’s a bookshelf in the background I try to read the titles (typically too blurry) or at least recognize certain books by their unique bindings as a clue to the intellectual background of the speaker. However, I didn’t register how common that backdrop is until you pointed it out. Now I’m going to be checking if it’s the same set of books reappearing in the various backgrounds.

As 4k video becomes more common, these guys may need to up their game and tailor their background books for their target audiences.

And when the lights and power all go down in a few months, you will be so glad of those weighty volumes during the long cold winter evenings.


Being surrounded by books can come in handy — extra insulation or a source of heat if things really go south, like Bosnia in the early ‘90’s, Argentina from 1998 to 2002, Venezuela now — fortunately we don’t have to consider that possibility since we live in bastions of democratic, economic and social stability.

https://www.silverdoctors.com/gold/gold-news/one-year-in-hellsurviving-a-full-shtf-collapse-in-bosnia/

Awhile back you mentioned investing in gold or gold stocks. The gold industry seemed to have taken a significant leap forward in late 2018 when Barrick merged with Rand Gold and Mark Bristow became CEO. He’s certainly one of the best in the industry. It was a strong signal that conservative, smart, long-term management approaches would become an important element in the industry, which had lacked discipline overall for years.

So far, that change seems to have taken hold and spread. If companies start doing growth-at-any-cost buyouts like the bad old days, I’ll start dumping them. Crazy thought but they could become great dividend generating stocks, at least the hand full of companies I follow. B2Gold, for example, quadrupled their dividend in the last year and is yielding 2.5% with only a 15% payout ratio and excess cash building up on their balance sheet.

You might enjoy this quote from a news article this week:

“Gold bugs are the cicadas of the investment ecosystem,” says Steven Sosnick, Interactive Brokers’ chief strategist. “They hibernate for years and emerge in a frenzy in reaction to some fear that ultimately subsides, and then they go away until the next maelstrom sparks their re-emergence.”


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NWBO News