DocCellini

@Tinky47flat Thanks, Tink.

In my view, relying on long-term US Treasury bonds would likely be the worst option, as inflation is virtually certain to guarantee losses. For the same reason, I wouldn't count on Social Security, as even if the program were to remain solvent, related inflation adjustments are not likely to offset real inflation. I'm old-school, and have, ever since it became clear to me (post-Greenspan housing bubble) where the American economy was ultimately heading, been overweight precious metals. What I would say today, even though metals have soared in value recently, is that commodities, productive properties, and PMs are still likely to prove the safest investments in today's environment. As for ETFs, etc., I would be careful. If you want to use them as proxies for PMs, I'd suggest only those few that are truly backed by physical metals, such as the Sprott Physical Gold Trust (PHYS) in Canada. But please do your own related research. Along those lines, precious metals investing can be tricky, and not only because of the arguable importance of owning it unencumbered. Taxation varies greatly, depending on where one lives. I pay no taxes on the sale of gold, for example, nor do those living in Switzerland, etc. But in the U.S., I believe that the rate is 28%. Taking a step back, I do not see how the U.S. (or Japan, etc.) is going to resolve its crushing debt problem without significantly reducing the value of the USD. The rise in the value of gold, in particular, is arguably reflecting that, and I therefore believe that it will likely end up much higher, or the Dollar much lower, if you prefer. Also, given the tremendous geopolitical tensions, and potential for expanding "hot" wars, inflated paper markets seem like extraordinarily risky investments, to my mind. So "hard" assets are what I would expect to prove the safest places of refuge over the next few years, at least. Finally, I have been a crypto skeptic, but there are some smart, well-informed people who take the other side. Let's work from the premise that Bitcoin is the most likely to survive, if not thrive. One of the very few financial observers whose work I pay to read is Michael Green. Here's a link to a podcast featuring him, with a transcript, including his skeptical take on Bitcoin: currencyofpower.co/p/how-much-doe…

“There are decades where nothing happens, and there are weeks where decades happen.” That quote has been widely attributed to Lenin, but the attribution is apocryphal. No matter where it originated, though, the world is currently undergoing a compressed series of important geopolitical events that will almost certainly produce very deep repercussions, and for decades to come. Where you live, how you choose to live, and how you choose to position yourself financially, are all, in my view, likely to prove more important in the years to come, than over recent decades.

@FryMeFalafel @FischerKing64 His other stuff isn't so much that style. And some of it is pretty good.

@DocCellini @FischerKing64 I meant mainly the technique of "spontaneous prose" that he championed which is limiting. On The Road is the prime example of it, though it's remarkable partly because of it. It's similar to James Dean being a gifted but limited actor vs. Brando's range.

Here is a clip from the drunken Kerouac appearance on Firing Line. He didn’t like the hippies. I will link to the entire thing in the next post:

@laurapalmernat @nealjclark1 Yeah. It is a terrible movie. Always thought it was garbage.

@nealjclark1 This movie is pure slop. Crappy doo-wop music and all

Anti white propaganda. I love the idea that a bunch of fat soft eye-talians would beat up a bunch of bikers. Hollywood is so gay and retarded

@FryMeFalafel @FischerKing64 What was the one trick? Are you saying "On the Road" as a book was the one trick? Or are you saying his style was "one trick"? Because his other books are quite different.

@FischerKing64 Embarrassing. I wouldn't call Kerouac a great writer, but more of a one-trick pony. His impact on the beat movement and through that the larger culture, is undeniable though. He's as American as Whitman but not as talented.

@tommyhammer @gradeAgreyhound @FonnerRacing @murrayslough Well, ya have that going for ya.

@DocCellini @gradeAgreyhound @FonnerRacing @murrayslough my life ? its incomplete

Long layover in Dallas tomorrow on my trip to @FonnerRacing so I brought some reading material @murrayslough

@tommyhammer @gradeAgreyhound @FonnerRacing @murrayslough How was it?

@gradeAgreyhound @FonnerRacing @murrayslough I read the cover in a gift shop at woodbine years ago and it changed my life!

@shanhedonia @dwaldenwrites No, because you are a woman.

@dwaldenwrites Should I read the whale book

Sorry guys it’s the whale book and it isn’t even close. Only Faulkner could even hope to rival it.

@tommyhammer @KenMeeksMack Tommy is that your hit?

@KenMeeksMack Yes but this buys a lifetimes worth

the NHC is proof that horseplayers are generally the stupidest subset of the human species

@joeljmiller @JoshPhillipsPhD Actually like Portis's other novels better. Dog of the South is fantastic. Masters of Atlantis also.

You’re missing Charles Portis’s True Grit.

Help me settle something. Greatest American Novel (post alternatives in the replies)

@adamw144 @JoshPhillipsPhD MD is great. Have you actually read it? There are multiple paragraphs in there that have their own payoff. DO you only read for the ending?

Moby Dick?!? I feel like if you actually read it you know it isn’t very good. It’s probably got the best one line summary for people that want to brag on reading it: “obsessed captain chases whale to his own doom” something or other… but it was one of the most boring books I ever read, with no pay off. My biggest takeaway was that it was about whale sperm and Jerry Bruckheimer + Michael Bay would’ve done it better. … I voted for Huck Finn. Gatsby also sucked. And Mockingbird wasn’t awful, but it sure was depressing. … How is Uncle Tom’s Cabin, Gone with the Wind, Atlas Shurgged or Fountainhead, or anything by Tom Wolfe not on here?

@TheDadAbidesYo @Defi_Trapper_ @PunishedSquire Always Sunny character are at least having fun. Shameless was just depressing people doing depressing shit. It's poison.

@Defi_Trapper_ @PunishedSquire if it’s not for you, it’s not for you lil fella. humor is subjective. i like it’s always sunny in Philadelphia but i wouldn’t be friends with the tv show characters lmao. i just like to enjoy the chaos.

Shameless was arguably the most Weimar piece of media ever created, pure concentrated evil

@TheDadAbidesYo @PunishedSquire So why would you want to watch it?

@PunishedSquire the characters are by design not supposed to be admired and are supposed to be looked down upon you retards lmao

@Tinky47flat I went and bought this, thanks for tip.

Now spoken for. Thanks!

‡ Free Gift for an EU-Based Follower! Bill Nack (1941–2018) was a legendary Sports Illustrated journalist, and author best known for his book on Secretariat and his 1973 Triple Crown run. Nack, who wrote frequently on racing, was a seven-time Eclipse Award winner. I happen to have two copies of his excellent book My Turf (see attached images), and would be happy to send one of them to an EU-based follower. The first person to fit that description who responds to this post will "win" the book. And they're off...🐎

@TampaBayDownsFL Terrible. This is your biggest day. Let them eat up the grass a little.

Race 12 is now OFF THE TURF

@BeemieAwards So bad. It just started raining, why can't Tampa on their biggest day let them run on wet grass. I built horizontals around the 3 horse in that race.

Race 12 now off the turf. Late pick 5 and 6 both end in the derby here in R11, but the late pick 4 will become and all

@RyanPip_ It's true. Even after you know it though it's easy to fall back into the "I think I know the winner, therefor I must bet" mindset.

The critical question in betting isn’t, “Can I pick the winner?” It’s, “Does this race move my bankroll forward?” Those are not the same skill.

@tommyhammer Were you supposed to be on next SOK?

Chris was threatened by andy serling so im off the pod. ive done this fucking cowards show 10 times with nothing in it for me.

@Evanryt Wipers and Butthole Surfers both get 2 on there.

In his journals, Kurt Cobain listed his 50 favorite albums. His taste? Immaculate. But there's one glaringly odd pick. The lone Nirvana album is... Green? R.E.M.'s very uneven 1988 LP, objectively the most disappointing record they'd put out to date. Why? I have three theories

Anyone know what is up with Further Ado, the Cox horse that won the Kentucky Jockey Club? @fatbaldguyracin @derby1592 @paulickreport