 Gold!!
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Joined: Jan 2005
Posts: 5,590
Check Pants
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OP
Check Pants
Joined: Jan 2005
Posts: 5,590 |
"It's never been worth Zero" You could have knocked me over with a feather. What am I missing here? j  h
"It's not what I say that's important, it's what you hear" Red Auerbach
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Re: Gold!!
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Joined: Jan 2005
Posts: 2,531
Loquacious
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Loquacious
Joined: Jan 2005
Posts: 2,531 |
 lets see , after the apocalypse and food is hard to find ,, I want gold not bullets  yea right !  I think I just heard a helicopter !
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Re: Gold!!
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Joined: Dec 2007
Posts: 269
Adjunct
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Adjunct
Joined: Dec 2007
Posts: 269 |
Just before the millenum, I was talking with an acquaintenance who was relating all his preparations for the big civilization "meltdown" that was going to occur. He went to great lengths to describe all the foodstocks and generators, how to obtain drinking water, etc. When I inquired about self defense, he replied that he had no use for guns. He asked about my preparations and I replied, "I have a gun and I know where you live".
I don't make jokes. I just watch the government and report the facts. - Will Rogers
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Re: Gold!!
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Joined: Feb 2005
Posts: 20,096 Likes: 2
Fe Butt
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Fe Butt
Joined: Feb 2005
Posts: 20,096 Likes: 2 |
Quote:
"It's never been worth Zero"
Well, I suppose that's true alright John...however I've heard one can be...ahem..."Saved by Zero" anyway!!!  
(...but you're going to have to expand upon this "Gold" thing here, 'cuz I have NO idea what your point is?!!!!) 
Yep! Just like a good Single Malt Scotch, you might call me "an acquired taste" TOO.(among the many OTHER things you may care to call me, of course)
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Re: Gold!!
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Joined: Jan 2005
Posts: 5,590
Check Pants
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OP
Check Pants
Joined: Jan 2005
Posts: 5,590 |
Quote:
'cuz I have NO idea what your point is?!!!!)
I'm referring to the "Buy Gold" commercial on cable TV, where the actor from Law & Disorder encourages us all to buy gold bricks since the dollar will soon be worth less than a dried up cow turd and NYSE stocks can fluctuate off the charts  , and as you know "Gold has never been worth zero".
As opposed to the one where Gee Gordon "canyousayWatergate" Liddy wants us to buy gold coins before many more Democrats get elected.
They're in the business of fear-mongering, cracks me up .
Not to insult any recalcitrant ba.com fear-mongerers out there 
jh
"It's not what I say that's important, it's what you hear" Red Auerbach
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Re: Gold!!
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Joined: Feb 2005
Posts: 20,096 Likes: 2
Fe Butt
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Fe Butt
Joined: Feb 2005
Posts: 20,096 Likes: 2 |
OH! Nooooow I get it! But now I'm kind'a sorry I asked, 'cuz ya know(and I don't think I'm goin' that far out on a limb here amigo) I got me a feelin' here that some of your afforementioned "recalcitrant ba.com fear-mongerers out there" now just might be tempted to weigh in a bit about your explanation here!!! (...and ol' buddy, I think you know how I feel lately about that sort'a topic bein' "discussed" at this here website...right?!)
Yep! Just like a good Single Malt Scotch, you might call me "an acquired taste" TOO.(among the many OTHER things you may care to call me, of course)
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Re: Gold!!
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Joined: Apr 2008
Posts: 3,937
Loquacious
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Loquacious
Joined: Apr 2008
Posts: 3,937 |
AUPs AUPs AUPs AUPs AUPs AUPs AUPs AUPs AUPs AUPs AUPs AUPs...
And you may see me tonight
With an illegal smile
J. Prine
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Re: Gold!!
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Joined: Jan 2005
Posts: 18,825
"Lighten up, Francis."
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"Lighten up, Francis."
Joined: Jan 2005
Posts: 18,825 |
Leave it to a moderator to inadvertently start some crap...
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Re: Gold!!
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Joined: Jan 2005
Posts: 5,590
Check Pants
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OP
Check Pants
Joined: Jan 2005
Posts: 5,590 |
I'm sorry, but that line (Gold, It's never been worth zero) cracks me up everytime But on a serious note, if it ever does reach zero, I'm going to buy up as much as I can afford jh
"It's not what I say that's important, it's what you hear" Red Auerbach
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Re: Gold!!
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Joined: Feb 2005
Posts: 20,096 Likes: 2
Fe Butt
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Fe Butt
Joined: Feb 2005
Posts: 20,096 Likes: 2 |
Quote:
I'm sorry, but that line (Gold, It's never been worth zero) cracks me up everytime
jh
Ya know John, after readin' that, all I can think of now is you in front of your TV while that commerical is playin' and doin' this famous Walter Huston scene in "The Treasure of the Sierra Madre"!!!
http://www.youtube.com/watch?v=3w4B7QxL_n4&feature=related
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Re: Gold!!
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Joined: Mar 2005
Posts: 728 Likes: 1
Adjunct
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Adjunct
Joined: Mar 2005
Posts: 728 Likes: 1 |
Speaking of Cracking up. "The Treasure of Sierra Madre", Don't need no stinking badges. Has to be the number one line of the movie, at least it is for me.  Bob
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Re: Gold!!
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Joined: Jan 2005
Posts: 7,630 Likes: 7
Monkey Butt
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Monkey Butt
Joined: Jan 2005
Posts: 7,630 Likes: 7 |
Let’s see. Say I have an income of $20,000 this year but I spend $35,000 and go $15,000 in debt to lenders who are not necessarily friendly to me. I also plan to do this every year for the foreseeable future. I already owe $130,000 in debt to those lenders on which I must pay interest each year. The rate of that interest is currently very low but is subject to constant change. In addition to this, I have contractual obligations to pay out over a million dollars in the future and I have no money set aside to honor those obligations.
I have only a limited ability to increase my actual income but I am allowed to print money. Unfortunately the total value of all my money is tied to my real net value so, while I can pay my creditors and meet my contractual obligations with the additional money I print, the actual value of that money is reduced. To make matters worse, as my creditors and the contract holders discover what I’ve done they will lose faith in me and my money driving the actual value down even further. If I respond to this by simply printing even more money my creditors and contract holders will simply write me off as a deadbeat, refuse to accept my money at all, and demand real assets in payment for any goods or services they provide.
For real world examples see Weimar Republic or Zimbabwe. By the way, the first paragraph is an approximation of the current financial situation of the US government. Is it any wonder people are looking for ways to not have their futures tied to the value of that money?
We all like to think of ourselves as rugged individualists. But when push comes to shove most of us are sheep who do what we are told. Worst of all, a lot of us become unpaid agents of whoever is controlling the agenda by enforcing the current dogma on the few rugged individualists who actually exist.
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Re: Gold!!
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Joined: Oct 2009
Posts: 413
Adjunct
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Adjunct
Joined: Oct 2009
Posts: 413 |
Hey, there is a really good thread discussion the good ride routes going on over at Conservative's Forum Oh wait, no, they are just discussing politics over there.
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Re: Gold!!
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Joined: Feb 2005
Posts: 20,096 Likes: 2
Fe Butt
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Fe Butt
Joined: Feb 2005
Posts: 20,096 Likes: 2 |
Uh huh Larry, but look at it this way....As long as there are people in this world with a keen and discerning eye for cruiser style motorcycles which not only look good but can actually handle twisty roads upon which they can ocassionally enjoy a sporty ride, in essence the rare as gold motorcycle on the market which can boast higher registers of BOTH form AND function, well then, your Triumph Bonneville America, just as John's new favorite television commercial proclaims the true and everlasting value of gold to be, will NEVER be worth Zero EITHER!!! And so, just like me, you'll always be ahead of the game and forever on the upside of any financial boom/bust or deflationary/inflationary cycles which may come down the road of life! (...well, that is unless you do somethin' really stupid like sell your BA...THEN you'd deserve to spend your golden years in the poor house and daily muttering to yourself about all the injustices in life, dude!!!)
Yep! Just like a good Single Malt Scotch, you might call me "an acquired taste" TOO.(among the many OTHER things you may care to call me, of course)
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Re: Gold!!
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Joined: Feb 2008
Posts: 973
3/4 Throttle
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3/4 Throttle
Joined: Feb 2008
Posts: 973 |
It might be an idea at the Euro rally to take a snorkel and fins along and have a look in some of those deep lakes down in Bavaria and Austria.
Theres a lot of gold unnacounted for from the last time that people started amassing gold ingots because "it will never be zero".
It's all good stuff - just remember to grind the eagles off.
Before the war on terror, if I saw an unattended package I used to think "I'll be having that!"
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Re: Gold!!
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Joined: Jan 2005
Posts: 5,590
Check Pants
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OP
Check Pants
Joined: Jan 2005
Posts: 5,590 |
Quote:
just as John's new favorite television commercial
I believe you meant "favourite", it's a common typo.
jh
"It's not what I say that's important, it's what you hear" Red Auerbach
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Re: Gold!!
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Joined: Feb 2005
Posts: 20,096 Likes: 2
Fe Butt
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Fe Butt
Joined: Feb 2005
Posts: 20,096 Likes: 2 |
Quote:
Quote:
just as John's new favorite television commercial
I believe you meant "favourite", it's a common typo.
jh
Nope John, I meant "favorite" there alright! Nope, no typo there, dude!!!
(yep...my spellin', as usual, is as good as goUld there, ol' buddy!!!)
Yep! Just like a good Single Malt Scotch, you might call me "an acquired taste" TOO.(among the many OTHER things you may care to call me, of course)
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Re: Gold!!
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Joined: Jan 2005
Posts: 2,201 Likes: 1
Oil Expert
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Oil Expert
Joined: Jan 2005
Posts: 2,201 Likes: 1 |
Quote:
It's all good stuff - just remember to grind the eagles off.
Now that's just silly - if you grind the eagles off you are gonna lose some gold - what you need to do it melt them down and re-cast them!!!!!
Where did I leave me fins??
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Re: Gold!!
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Joined: Oct 2009
Posts: 28
Greenhorn
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Greenhorn
Joined: Oct 2009
Posts: 28 |
Just for fun, let's call the "Law and Order" guys number and ask them to call back in a minute and give them the number for the "gold kit" guy? In so pairing the two, perhaps the commercials will stop.
Now, how do we rid ourselves of the 100's of pharmaceutical commercials peddling products where the side affects are more severe than the symptoms?
09 BA Blue/Blue
Staintune
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Re: Gold!!
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Joined: Jan 2005
Posts: 6,821
Bar Shake
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Bar Shake
Joined: Jan 2005
Posts: 6,821 |
Quote:
Let’s see. Say I have an income of $20,000 this year but I spend $35,000 and go $15,000 in debt to lenders who are not necessarily friendly to me. I also plan to do this every year for the foreseeable future. I already owe $130,000 in debt to those lenders on which I must pay interest on each year. The rate of that interest is currently very low but is subject to constant change. In addition to this, I have contractual obligations to pay out over a million dollars in the future and I have no money set aside to honor those obligations.
I have only a limited ability to increase my actual income but I am allowed to print money. Unfortunately the total value of all my money is tied to my real net value so, while I can pay my creditors and meet my contractual obligations with the additional money I print, the actual value of that money is reduced. To make matters worse, as my creditors and the contract holders discover what I’ve done they will lose faith in me and my money driving the actual value down even further. If I respond to this by simply printing even more money my creditors and contract holders will simply write me off as a deadbeat, refuse to accept my money at all, and demand real assets in payment for any goods or services they provide.
For real world examples see Weimar Republic or Zimbabwe. By the way, the first paragraph is an approximation of the current financial situation of the US government. Is it any wonder people are looking for ways to not have their futures tied to the value of that money?
Contra todo mal, mezcal; contra todo bien, también
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