Will losses at Bank of America...
 

hk wrote:
JoeSpareBedroom wrote:
"hk" wrote in message
...
Vic Smith wrote:
On Wed, 23 Jan 2008 12:22:00 -0500, "Reginald P. Smithers III"
"Reggie is Here wrote:

wrote:
On Tue, 22 Jan 2008 21:34:38 -0500, hk
wrote:

Gold has a bit of history as a valuable item. Beads, too. Paper?
No thanks.
You should own a bag or two of silver coins if you are looking for
hard money. It is hard to make change for a Krugerrand when you are
buying groceries
While gold and silver can be a valuable hedge against inflation or
a server recession and/or depression, it would have no value if
there was a complete breakdown in government and society. Barter
for real goods and services would be the new coin. Gold only has
value if people believe it has value, the same as with our paper
money.

Whoa. You're saying my VISA card won't work. Even the platinum?
Oh ****.

--Vic

Gold has been highly valued for thousands of years. If there is a
general collapse, it will be something easily traded for valuable
goods and services.


What's the smallest denomination you can buy these days?


I have no idea. I just buy Krugerrands and Canadian Maple Leafs in the
one troy ounce of gold size, but I think you can buy Krugerrands in
1/10th ounce and other sizes. The Maple Leafs are "purer," if you will.
Both are recognized and accepted anywhere. The face value is not really
relevant, just the weight in troy ounces. I started "collecting" them in
1992, when they became "legal" again.

Try www.monex.com if you want to learn a bit about gold, silver and
other "valuable" metal coins.

Harry,
Is it possible that a company whose business is selling metal coins may
not be the most unbiased resource?

Will losses at Bank of America...
 

"hk" wrote in message
. ..
JoeSpareBedroom wrote:
"hk" wrote in message
...
Vic Smith wrote:
On Wed, 23 Jan 2008 12:22:00 -0500, "Reginald P. Smithers III"
"Reggie is Here wrote:

wrote:
On Tue, 22 Jan 2008 21:34:38 -0500, hk
wrote:

Gold has a bit of history as a valuable item. Beads, too. Paper?
No thanks.
You should own a bag or two of silver coins if you are looking for
hard money. It is hard to make change for a Krugerrand when you are
buying groceries
While gold and silver can be a valuable hedge against inflation or a
server recession and/or depression, it would have no value if there
was a complete breakdown in government and society. Barter for real
goods and services would be the new coin. Gold only has value if
people believe it has value, the same as with our paper money.

Whoa. You're saying my VISA card won't work. Even the platinum?
Oh ****.

--Vic

Gold has been highly valued for thousands of years. If there is a
general collapse, it will be something easily traded for valuable goods
and services.


What's the smallest denomination you can buy these days?

I have no idea. I just buy Krugerrands and Canadian Maple Leafs in the one
troy ounce of gold size, but I think you can buy Krugerrands in 1/10th
ounce and other sizes. The Maple Leafs are "purer," if you will. Both are
recognized and accepted anywhere. The face value is not really relevant,
just the weight in troy ounces. I started "collecting" them in 1992, when
they became "legal" again.

Try www.monex.com if you want to learn a bit about gold, silver and other
"valuable" metal coins.


Never mind.

Will losses at Bank of America...
 

On Wed, 23 Jan 2008 13:18:04 -0500, hk wrote:



No, I'm not a survivalist. I started buying Krugerrands about 15 years
ago as a "hedge" and I simply buy some more from time to time. While I
do expect this country to collapse into class warfare, I don't believe
it will happen in my lifetime, though I think the time is getting closer
as the gap between the "haves" and "have nots" widens.

I'm sure my heirs will enjoy inheriting my Krugerrands and Canadian
Maple Leaf gold coins. What they do with them is...up to them.

I keep one of each in the house. The rest of kept...elsewhere. :-)

Those coins aren't a bad diversification investment. If you buy when
gold is reasonably priced. If I was holding any now I'd sell at the
current gold prices. Pick some up later when gold drops again.
It will. My first commodity trade was a 100 ounce gold contract at
800 per ounce. Bought and sold in the Chicago pit in about 20 seconds
during the wildness then. Made 100 bucks. Wasn't me, I didn't know
anything about. A buddy in the pit did it, then created an account
for it in my name after the trade. He got in trouble, I got the
money. About 60 because at that time the brokers were getting about
40 a trade. About 1980.
Only time I traded it, when it was in the 200-300 range a couple years
later, I lost a few grand.

--Vic

Will losses at Bank of America...
 

"Vic Smith" wrote in message
...
On Wed, 23 Jan 2008 13:12:16 -0500, "Reginald P. Smithers III"
"Reggie is Here wrote:

Vic Smith wrote:
On Wed, 23 Jan 2008 12:54:40 -0500, hk wrote:

Vic Smith wrote:
On Wed, 23 Jan 2008 12:22:00 -0500, "Reginald P. Smithers III"
"Reggie is Here wrote:

wrote:
On Tue, 22 Jan 2008 21:34:38 -0500, hk
wrote:

Gold has a bit of history as a valuable item. Beads, too. Paper?
No thanks.
You should own a bag or two of silver coins if you are looking for
hard money. It is hard to make change for a Krugerrand when you are
buying groceries
While gold and silver can be a valuable hedge against inflation or a
server recession and/or depression, it would have no value if there
was
a complete breakdown in government and society. Barter for real
goods
and services would be the new coin. Gold only has value if people
believe it has value, the same as with our paper money.

Whoa. You're saying my VISA card won't work. Even the platinum?
Oh ****.

--Vic

Gold has been highly valued for thousands of years. If there is a
general collapse, it will be something easily traded for valuable goods
and services.

What are you, a survivalist?
Hey, I'm not going to do it. You don't take my VISA, you can jump in
the lake. If things get where you're talking about, I'll team up with
the neighbors, form a tribe, build a fire and roast some marshmallows.
Won't need gold. Just marshmallows. And maybe some brats.

--Vic

If you are only eatting Marshmellows, you may need some Ex-Lax, so make
sure you bring enough gold to trade for Ex-Lax

That's why I added brats. But I'll just trade some marshmallows to
get the brats. Don't need gold. Unless I run out of marshmallows.

--Vic

I'll bet you've been to the Brat Stop on Wisc Hwy 50 and the Interstate just
over the Illinois Wisconsin line.

Will losses at Bank of America...
 

JoeSpareBedroom wrote:
"hk" wrote in message
. ..
JoeSpareBedroom wrote:
"hk" wrote in message
...
Vic Smith wrote:
On Wed, 23 Jan 2008 12:22:00 -0500, "Reginald P. Smithers III"
"Reggie is Here wrote:

wrote:
On Tue, 22 Jan 2008 21:34:38 -0500, hk
wrote:

Gold has a bit of history as a valuable item. Beads, too. Paper?
No thanks.
You should own a bag or two of silver coins if you are looking for
hard money. It is hard to make change for a Krugerrand when you are
buying groceries
While gold and silver can be a valuable hedge against inflation or a
server recession and/or depression, it would have no value if there
was a complete breakdown in government and society. Barter for real
goods and services would be the new coin. Gold only has value if
people believe it has value, the same as with our paper money.

Whoa. You're saying my VISA card won't work. Even the platinum?
Oh ****.

--Vic
Gold has been highly valued for thousands of years. If there is a
general collapse, it will be something easily traded for valuable goods
and services.

What's the smallest denomination you can buy these days?
I have no idea. I just buy Krugerrands and Canadian Maple Leafs in the one
troy ounce of gold size, but I think you can buy Krugerrands in 1/10th
ounce and other sizes. The Maple Leafs are "purer," if you will. Both are
recognized and accepted anywhere. The face value is not really relevant,
just the weight in troy ounces. I started "collecting" them in 1992, when
they became "legal" again.

Try www.monex.com if you want to learn a bit about gold, silver and other
"valuable" metal coins.


Never mind.



You ask a question about coin denominations, I tell you a spot where you
can find some answers, and your response is "never mind"? Curious.

Will losses at Bank of America...
 

"hk" wrote in message
. ..
JoeSpareBedroom wrote:
"hk" wrote in message
. ..
JoeSpareBedroom wrote:
"hk" wrote in message
...
Vic Smith wrote:
On Wed, 23 Jan 2008 12:22:00 -0500, "Reginald P. Smithers III"
"Reggie is Here wrote:

wrote:
On Tue, 22 Jan 2008 21:34:38 -0500, hk
wrote:

Gold has a bit of history as a valuable item. Beads, too. Paper?
No thanks.
You should own a bag or two of silver coins if you are looking for
hard money. It is hard to make change for a Krugerrand when you are
buying groceries
While gold and silver can be a valuable hedge against inflation or a
server recession and/or depression, it would have no value if there
was a complete breakdown in government and society. Barter for real
goods and services would be the new coin. Gold only has value if
people believe it has value, the same as with our paper money.

Whoa. You're saying my VISA card won't work. Even the platinum?
Oh ****.

--Vic
Gold has been highly valued for thousands of years. If there is a
general collapse, it will be something easily traded for valuable
goods and services.

What's the smallest denomination you can buy these days?
I have no idea. I just buy Krugerrands and Canadian Maple Leafs in the
one troy ounce of gold size, but I think you can buy Krugerrands in
1/10th ounce and other sizes. The Maple Leafs are "purer," if you will.
Both are recognized and accepted anywhere. The face value is not really
relevant, just the weight in troy ounces. I started "collecting" them in
1992, when they became "legal" again.

Try www.monex.com if you want to learn a bit about gold, silver and
other "valuable" metal coins.


Never mind.

You ask a question about coin denominations, I tell you a spot where you
can find some answers, and your response is "never mind"? Curious.


I was wondering how you'd get change if you presented someone with a coin
that you paid $50 or $100 for. Or more. And, what if that was all you had to
trade, but the person had no idea what it was worth? Remember the 54% who
never read?

Will losses at Bank of America...
 

hk wrote:
JoeSpareBedroom wrote:
"hk" wrote in message
. ..
JoeSpareBedroom wrote:
"hk" wrote in message
...
Vic Smith wrote:
On Wed, 23 Jan 2008 12:22:00 -0500, "Reginald P. Smithers III"
"Reggie is Here wrote:

wrote:
On Tue, 22 Jan 2008 21:34:38 -0500, hk
wrote:

Gold has a bit of history as a valuable item. Beads, too. Paper?
No thanks.
You should own a bag or two of silver coins if you are looking for
hard money. It is hard to make change for a Krugerrand when you are
buying groceries
While gold and silver can be a valuable hedge against inflation
or a server recession and/or depression, it would have no value
if there was a complete breakdown in government and society.
Barter for real goods and services would be the new coin. Gold
only has value if people believe it has value, the same as with
our paper money.

Whoa. You're saying my VISA card won't work. Even the platinum?
Oh ****.

--Vic
Gold has been highly valued for thousands of years. If there is a
general collapse, it will be something easily traded for valuable
goods and services.

What's the smallest denomination you can buy these days?
I have no idea. I just buy Krugerrands and Canadian Maple Leafs in
the one troy ounce of gold size, but I think you can buy Krugerrands
in 1/10th ounce and other sizes. The Maple Leafs are "purer," if you
will. Both are recognized and accepted anywhere. The face value is
not really relevant, just the weight in troy ounces. I started
"collecting" them in 1992, when they became "legal" again.

Try www.monex.com if you want to learn a bit about gold, silver and
other "valuable" metal coins.


Never mind.


You ask a question about coin denominations, I tell you a spot where you
can find some answers, and your response is "never mind"? Curious.


Harry,
He was making a joke about the concept of trading using gold when our
society collapses. You are so into this survivalist concept it went
over your head.

Will losses at Bank of America...
 

JoeSpareBedroom wrote:
"hk" wrote in message
. ..
JoeSpareBedroom wrote:
"hk" wrote in message
. ..
JoeSpareBedroom wrote:
"hk" wrote in message
...
Vic Smith wrote:
On Wed, 23 Jan 2008 12:22:00 -0500, "Reginald P. Smithers III"
"Reggie is Here wrote:

wrote:
On Tue, 22 Jan 2008 21:34:38 -0500, hk
wrote:

Gold has a bit of history as a valuable item. Beads, too. Paper?
No thanks.
You should own a bag or two of silver coins if you are looking for
hard money. It is hard to make change for a Krugerrand when you are
buying groceries
While gold and silver can be a valuable hedge against inflation or a
server recession and/or depression, it would have no value if there
was a complete breakdown in government and society. Barter for real
goods and services would be the new coin. Gold only has value if
people believe it has value, the same as with our paper money.

Whoa. You're saying my VISA card won't work. Even the platinum?
Oh ****.

--Vic
Gold has been highly valued for thousands of years. If there is a
general collapse, it will be something easily traded for valuable
goods and services.
What's the smallest denomination you can buy these days?
I have no idea. I just buy Krugerrands and Canadian Maple Leafs in the
one troy ounce of gold size, but I think you can buy Krugerrands in
1/10th ounce and other sizes. The Maple Leafs are "purer," if you will.
Both are recognized and accepted anywhere. The face value is not really
relevant, just the weight in troy ounces. I started "collecting" them in
1992, when they became "legal" again.

Try www.monex.com if you want to learn a bit about gold, silver and
other "valuable" metal coins.

Never mind.
You ask a question about coin denominations, I tell you a spot where you
can find some answers, and your response is "never mind"? Curious.


I was wondering how you'd get change if you presented someone with a coin
that you paid $50 or $100 for. Or more. And, what if that was all you had to
trade, but the person had no idea what it was worth? Remember the 54% who
never read?





Then that is the question you should have asked. The "denomination"
value on modern gold coins is less relevant than their weight in gold.
Now, collectors' precious metal coins are different. They have
collectible value, in addition to troy weight value.

Will losses at Bank of America...
 

On Wed, 23 Jan 2008 13:31:55 -0500, "D.Duck" wrote:



I'll bet you've been to the Brat Stop on Wisc Hwy 50 and the Interstate just
over the Illinois Wisconsin line.

No, haven't been to Wisconsin it years. Wife's been bugging me to go
up on a weekend so maybe I'll take her up there this spring.
You talking 90 or 94? I'll check it out. Been eating those
Smithville(?) or Jonesville(?) brats. Not bad.

--Vic

Will losses at Bank of America...
 

"hk" wrote in message
. ..
Calif Bill wrote:
"hk" wrote in message
. ..
Calif Bill wrote:
"hk" wrote in message
. ..
BAR wrote:
hk wrote:
Damn right. You can trade gold for goods and services. Try that in a
post-revolutionary future with a piece of paper.
I'd rather have a big mean nasty dog, a couple of sidearms and some
rifles and a few shotguns. And, about 40 to 50 thousands rounds of
ammo.


What are you going to do, force a plumber to work at gunpoint?
Go take the gold from some dufus with just a small glock.

Anyone hoarding gold in case of societal collapse will have something
heavier than a GLOCK pointing back at you.

Read "The Road". And where will you spend the gold?
Barter.

And they will eat the gold?