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Gold bugs!
- Thread starter gladysvjubb
- Start date
St. Phatty
Active member
yes Platinum is on sale - but will become more in demand if/when the diesel industry gets its act together again.
at some point all that money the Fed has created will come looking for assets with no counter-party risk, or dependence on an Ameritrade account.
i have excavated Gold pockets all over my property. One of them is about 4 cubic meters, 5 feet deep. I was using it to collect rainwater. I think I'm going to drop a 3 cubic foot bag of soil in the bottom and plant some extra plants there.
i missed a chance to buy a $1000 professional quality metal detector for about $150 - it had one broken wire on the sniffer thing on the bottom. now i have $200 cash in my pocket and am ready for a good deal if it comes.
What you DO NOT understand is that THE mass users of the planet Earth's gold have departed. I am sure that over the years MOST collectors have all they can carry. My safe is full and my Grandson's safe is full. I stopped buying in January when I ran out of room.
St. Phatty
Active member
how many cubic feet is your safe ? (on the inside)
if that's all full of Gold - that's the kind of problem you want to have.
I do not know. It is 6 feet tall by 3.5 feet wide by 2.5 feet deep. It is full of CERTIFIED PCGS Gold and silver. All MS70. Well except for my orphans from when I was much, much younger. I had all the 1916-D Mercury Dimes certified by PCGS. I had two fakes in the collection. Honest coin dealers. Hah!!!
Gold 1,716.90 6:10AM EDT -20.40 -1.17%
52.5 cu ft gold
17,554 troy ounces per cubic foot. Gold prices vary, and today it is $1716.90 per ounce, making the cubic foot of gold worth about:
$30,138,462.60
x52.5 =
$1,582,269,286.50
The Dracos got nothing on you.
St. Phatty
Active member
1703 gold in 2020 is not the same as $1700 gold in 2011/2012.
inflation is at least 10% annually in the US.
$1700 gold in 2020 - the same as $656 gold 2011.
if you say "inflation is only 5% annually", $1700 gold = $1096 gold in 2011.
if you say "inflation is only 2%", you might work for the federal gov. & are so obviously lying it makes genuine conversation impossible.
inflation is at least 10% annually in the US.
$1700 gold in 2020 - the same as $656 gold 2011.
if you say "inflation is only 5% annually", $1700 gold = $1096 gold in 2011.
if you say "inflation is only 2%", you might work for the federal gov. & are so obviously lying it makes genuine conversation impossible.
Grandson's safe is 4x3x2.5. The only thing is that you failed to account for the holders that the coins are in. They take up a bit of room. I do not know how much is there right now, it really doesn't matter. We are HOLDERS, Not SELLERS.
What are you "holding" it for?
A rainy fucking day. That was the STANDARD.
Things are changing very RAPIDLY now.
Make sure you have plenty of BITCOIN on hand as well as PLENTY of non-perishable food stuffs.
I have everything including 3 years worth of TP. I am all set. Including my own power generator.
It seems that the real Doctor Evil is the former pot smoking, long haired, intelligent entrepreneur, BILL GATES??????
Yes Sir, I just saw him on a propaganda message that he sent. He wants to vaccinate the ENTIRE WORLD against the CORONA VIRUS. An opposer says that it will KILL you off. "THEY" want to decrease the world population. It started with the CHINESE people many years ago. They are only allowed to reproduce 2 replacement units per couple. This is really something. My Mom & Dad would be rolling over in their graves but they were cremated and spread throughout New England at their favorite spots.
Gold 1,734.40 4:19PM EDT -2.90 -0.17%
So you're a seller.... eventually.
Not me. More than likely my Grandson. I do not believe he will ever sell his gold. He will have plenty of money to live very well on, I think. Things are changing so damn fast some of the old fucks have no idea.
Be prepared.
Knowledge is power.
Skill not Luck.
Gold never sold is as valuable as gold never bought.
That is ok. I still have $20 gold pieces from my father. They were the currency at the time.
Just trying to clarify HOLDERS and SELLERS are the same thing....
As long as you aren't all old and pissy like when you snapped at Phatty.
As long as you aren't all old and pissy like when you snapped at Phatty.
I am sorry. I just have been having a very difficult time with stupidity lately.
It's likely just narcissism.
Go eat some LSD.
Go eat some LSD.
