Gold is not a safe investment--it's a commodity

 There are a lot of myths about gold, which just aren't true.

 One is that you can't lose money on it, which isn't true. As Isaid, it's a commodity with all the associated risks and benefits of a commodity investment.

Yet another reason to dislike Cryptocurrency: Donald Trump.

I'm getting blown away watching Donald Trump since he's giving us some really great reasons for a rework of the US Constitution. And it's not just the republicans: it's the duopoly

 

Pew Charitable Trust on Cryptocurrencies

46% of Americans who have invested in cryptocurrency say it’s done worse than expected

Among the 16% of U.S. adults who say they have ever invested in, traded or used a cryptocurrency such as bitcoin or ether, 46% report their investments have done worse than they expected. By comparison, 15% of these Americans say their investments have done better than they expected; 31% say they’ve worked out about the same as they expected. The overall share of U.S. crypto users is unchanged since September 2021. 

• About half of Americans have heard about NFTs, but few have ever bought one

 

Pew Study on Political Polarisation of the American Public

APU, I haven't read the comments on the Wow, how ignorant do they think you are??? Post, but I have this feeling that they run along the lines that the Koch Brothers care more about you than Bloomberg does.  After all, the Kochs do all sorts of wonderful things that are harmful to you: they must care!

Anyway, The Pew Charitable Trust (more billionaires) came up with a study on political polarisation in the US. It's a very involved study on the topic as the video below points out, getting into many different aspects of polarisation.

The part which interests me the most is the media, even that is rather involved.  The most consistent Media source for the right is Fox News, with about 47% of those identified as conservative listing that as their trusted source of their news.  Liberals, tend to have many different news sources with CNN (15%), NPR (13%), MSNBC (12%) and the New York Times (10%) all ranking near the top of the list.

The important part of all this:

The public’s understanding of government and politics is also influenced by the extent to which they trust – or distrust – the information they hear from various news sources. In other words – how open people are to the political news and information put forth by various outlets, including those they do not actively consume.

In general, the survey finds that there is more trust than distrust of news sources. But there are substantial differences in trust and distrust across the ideological spectrum.

People who took this poll were asked if they had heard of 36 different news sources.  If they had heard of the source, they were then asked to what level they trusted the accuracy of that source. Those with consistently liberal political values had heard of more sources than any other ideological group – on average, about 26 out of the 36 – and trust about twice as many as they distrust (10.5 vs. 4.8). Respondents with mostly liberal views or with about an equal mix of conservative and liberal views have heard of fewer sources, on average, but still trust more sources than they distrust.



Where I fit in here:

One example is the Economist. Only 34% of panelists have heard of the outlet, but within that group there is far more trust (12%) than distrust (2%), when it comes to news about government and politics. The BBC is recognized by a greater portion of respondents (76%), but is similarly more trusted (36%) than distrusted (7%).

Oddly, they left out the Guardian (even though it was one of the choices in the poll).  Anyway.

What really came out here was that those with consistently liberal views had more sources for information than those on the right.




See Also:

• Why conservatives prefer propaganda to reality - Salon.com
• The single most important fact about American politics - Vox