Showing posts with label Gold. Show all posts
Showing posts with label Gold. Show all posts

Saturday, October 19, 2013

What Obamacare Bronze, Silver, Gold, and Platinum Really Mean

What Obamacare Bronze, Silver, Gold, and Platinum Really Mean

Confused by all the different plan options Obamacare is giving you? Don't be. Get the answers you need to understand the Affordable Care Act's platinum, gold, silver, and bronze policy options.
Motley Fool

What Obamacare Bronze, Silver, Gold, and Platinum Really Mean

Obamacare's health-insurance exchanges have finally opened, and millions of people across the nation are finally getting to enroll for health insurance under the Patient Protection and Affordable Care Act. But many are confused by all the plan options they have available to them.
In the following video, host Alison Southwick interviews Dan Caplinger, The Motley Fool's director of investment planning, to learn more about Obamacare's plan options. Dan explains that the various tiers refer to different levels of coverage, with platinum policies generally charging the highest monthly premiums but also providing the lowest copayments, deductibles, and other out-of-pocket costs. By contrast, as you run through gold, silver, and bronze, you're progressively more responsible for covering health-care costs, but your monthly insurance premiums are lower.
Dan runs through the actuarial calculations behind the levels and points out that some subsidies under Obamacare require particular policy choices. In the end, though, the right plan for you depends on your own health, financial situation, and other personal considerations.
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What Obamacare Bronze, Silver, Gold, and Platinum Really Mean


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Wednesday, August 17, 2011

Gold

My son and I were having an interesting conversation about Gold today in the Hot Tub outside. It's a great place to think and to try and understand what is happening both in our lives and the world around us. He was saying, "What if the price of Gold isn't really being driven up by panicking people but by people buying gold for some other purpose? For example, in Zacharia Sitchin's book when he translated ancient cuneiform rock tablets from Northern Africa it spoke about how humans were bred by aliens who wanted gold. What if those aliens have returned and want more gold now and we have to give it to them to make peace with them and to stay alive as humans?"  Since my son has an IQ of 150 sometimes he says pretty interesting things. What I said in return to him was, "I have no doubt at all that humans on earth are being thinned out, whether that is by aliens, upper class wealthy people and governments or all of the above or none of the above it's hard to say for sure. What I have no doubt about, however, is that likely 1/2 to 1/3 of the present numbers on earth will be gone by 2100. In other words if there are 7 billion people on earth now there will only be around 4.5 billion or 3.5 billion by 2100. That is a given. Because of Global Warming, the scarcity of oil which will drive up the cost of food past about what 50% of the earth can afford and a variety of other factors will reduce world populations by at least that amount. On top of that you have people like El Shabaab in Somalia which likely will mean about 4 to 10 million people will starve there because this Al Qaeda group is shooting Aid groups trying to feed the 12 million people starving their now and 29,000 children for sure have already died in this problem within the span of a few weeks.

Also, if you saw "Cowboys and Aliens" the movie you noticed that this was what the aliens really wanted was gold. "Why?", you might ask.

 The reason is simple if you know anything about electronics and computer chips and the like. Gold is the single best conductor of electricity except for Platinum. However, Platinum is very rare. So, Gold since it is in more abundance is the easiest "Fantastic" conductor of electricity to use "IF money is no object". So, if you or I wanted to design an electrical technology that would actually last 100s or thousands of years, gold might be the single best conductor to use. However, if you wanted to design an  electronic microchip that you only wanted to last 5, 10, or 20 years at most you would build silicon chips like we do now, because the silicon and the plastic will degrade and start making mistakes eventually in computation. Whereas if you built a gold component it could literally last forever as long as it didn't have an electrical short (which would melt out the gold) or unless it was exposed to another extreme heat source (which would also melt out the gold of the electronic component). But if you actually wanted to create something that would go on working indefinitely as long as you had a usable power source Gold would be the likely conductor you would want to use.  Because silicon, and plastic fiber optics aren't going to last more than 20 to 25 years without degrading from heat and wear and tear.

So, is the price of Gold's only reason going up is people freaking out about world debt? I don't know for sure. But somebody does. And that might be worth researching if you had a way to do it.

Also, in line with this same kind of thinking is the Sunspot cycle which we are now in the thick of until possibly 2014. It is possible that and EMP (electromagnetic pulse) caused by the plasma caused sunspots and plumes off the sun will disrupt even more than they already have world navigation through GPS satellites and other satellites. How many planes and ships and hikers have had their GPS devices malfunction already not knowing the cause worldwide. Maybe it was the GPS device and maybe it was an EMP which through off the GPS satellites or a single satellites computations. Have any airliners crashed or come to harm from this? Have any ships crashed on rocks or been lost at sea because of this. Have any hikers been lost because of this? It would be impossible to know because governments can't afford to let this kind of information out because it relates directly to the national security of every advanced nation and weapons delivery system on the planet.

The following is an intuitive read from before there were any Bibles of any kind written in North Africa.


The Ancients from the Stars

The ancients from the Stars bred us to serve them. We call them "the Gods" but if they left I think we would also be fine without them too. The time is thousands of years before any Bibles were written either old or new. We mine gold for them and grow food for us and them and they tell us stories of the planets they are from. I wonder what will happen if they go. Many of them say that they have enough gold for now. We beg them to take us with them because we don't know what will become of us humans without our parents from the Stars. There are no other creatures as smart as us here on earth now. The animals recognize us as being a little like them but we are also something different something alien from them. We also, are really half children from the stars too. So though our pets love us and look up to us sometimes they are scared of our ruthlessness too. The Ancients from the stars that bred us for mining Gold tell us many things about their home planets. But they also say we would not fit in there because half aliens wouldn't be accepted in their cultures on their planets. Because we are half animal half alien we must stay here. Some of the scientists worry that over time we too might develop nuclear weapons and space travel. They said that could be a problem because we might become a threat to other planets of the aliens because we have a lot of intelligence like half aliens would. However, though our lives are much shorter we are tougher and stronger in some of the ways that apes are still stronger than humans of earth. In that way humans tend to be physically stronger than aliens. That's why they bred us to mine for them. They said it would take to much fuel for them to build something they called robots and then to bring them back. So instead the sent their genetic engineers so we would be related as family to those that came on their ships. So we could call them all our fathers and our mothers and our guardians and so as their children we could serve them until they had to leave carrying enough gold for their purposes. They said they would return periodically for us to mine more gold for them over the years. And as their family it would be required of us to give them gold. And so it was. And so it is.

Saturday, October 9, 2010

Gold

Super-rich investors buy gold by ton

To read full news article click on "Super-rich" above.

I have never particularly cared for gold as an investment.  My personal experience with it is when you invest in it at one price, when you want to actually sell it you wind up losing money. So for example, as a young man I might buy $1000 worth of gold as a hedge against inflation or deflation. But then later, when I needed to sell it for one reason or another, I wound up getting only about 700 or 800 dollars for the gold coinage. After doing that a couple of times I decided I didn't want to own gold as an investment.

However, in these times it is recommended by many investors to have gold coinage be 7% to 10% of your investment portfolio. The reason for this is that money these days is not backed up by silver or gold generally in most countries. What this means in real terms is that currency is based "ONLY" on the Gross National Product of a nation. So in good times the value of the currency goes up. But in bad times there is no limit to just how far a currency could theoretically go because it is not backed up by silver or gold anymore. So owning Gold "Because Gold is something intrinsically real" means that since there is only so much of it that it will retain some value always even if currency "in a dire emergency" is worth nothing. Now, the likelihood of currency being worth nothing is less than 1% in any given situation more or less. But people these days worldwide are spooked. And when enough people get spooked they might create that 1% situation at one point or another. So owning 7% to 10% gold in your investment portfolio might save your families lives in order to move to another country should that system ever collapse.