On 06/08/2011 11:22 AM, wrote:
On Sat, 06 Aug 2011 04:40:31 -0400, wrote:

On 8/6/2011 3:02 AM, wrote:
On Sat, 06 Aug 2011 02:44:05 -0400, wrote:

On Fri, 05 Aug 2011 13:04:12 -0600,
wrote:

On 05/08/2011 11:56 AM, wrote:
On Fri, 05 Aug 2011 08:05:38 -0600,
wrote:

On 05/08/2011 12:39 AM, wrote:
On Fri, 05 Aug 2011 01:19:54 -0400, wrote:

On Thu, 04 Aug 2011 20:21:00 -0400, X -
wrote:

On 8/4/11 8:10 PM, wrote:

You would have locked in that 12700 Dow and be grinning while you watched this crash from
the sidelines.

At some point, American small investors are going to realize the stock
market is a fraud, and they'll look elsewhere to invest their retirement
and savings assets.

BTW, unlike you and Canuckles, I don't seen anything humorous about a
stock slide. What it does is hurt small investors.

Perhaps "grin" was a poor choice of words but it was clear to me that
there was a serious correction coming when this debt thing started and
I was relieved that I did not have to go down with that ship.

I have cashed in most of my personally held equities and I reallocated
my funds.

I am going to sit on side for a while and wait for some positive news
coming out of the economy before I get back in the market again. I
have a feeling that might be a while.
There may be a few trades that you can play with but I am not even
willing to look at this mess right now. Things are far too uncertain
and I don't see anything coming out if DC that is going to make that
any better any time soon.

That $5000 bag of quarters I keep getting **** about may easily go
over $30,000 by Christmas. I hope not because that would imply the
value of the dollar dropped significantly.

Well, I'm sure your oracle-like traits are just kicking in.

So, how are you going to cash in your $30K wealth? Perhaps illegally
melt down the quarters? I'm still waiting for your reasoned response.

How are you planning on separating the silver from the copper in that
case? To whom do you expect to sell your quarters if not? Are you
going to try and buy a car in quarters?

No, I don't expect any reasoned response.

Melt it. When he decides to sell, the buyer will cut 10 or 15%, factor
in copper versus silver and decide the rate.

It will not go down in value to the USD.

So, again you're advocating breaking the law. Typical little ****
response.

Not at all, it is legal in Mexico and Canada.

Nobody melts these coins to extract the silver. "melt weight" is just
an indication of how much silver is there to peg the price
I guess plum thinks people have to melt, Eagles, Maple Leafs or
Kruggerrands to get their money out of them too.


Here's what you wrote in case you forgot:

"These are not really collector grade coins. They have the worse than
the normal wear you see on the ones in your pocket. I am sure they
were picked over, looking for collectable dates, many times before
they made it to the "melt weight" bag."

So, how are you going to sell them for their "value"?


Get educated:

http://www.coinflation.com/silver_coin_values.html

Well, you don't need to get any more stupid. Greg is promoting it as
better than cash. So, why would he sell them for cash? What's it going
to get him? He can't eat the silver.

It is over the long term. It isn't over the short term.

Imagine if you spent $1000 on gold in 1933 at $20 an ounce. Today that
50 ounces would be worth at least $83,000.

But your $1000 in fiat paper would still only be $1000.

Cash is a rapidly depreciating asset due to bank and government fraud.

--
Seems like paying your bills with real money is no longer the accepted
behavior in USA. Perhaps that is the problem and not the the solution.