"hk" wrote in message
. ..
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.



OK. You show up at a farmer's place looking for 4 ears of corn. Your
cheapest coin was $100, and he only has sons, so nothing else to offer as
change. Now what? Take an extra 182 ears of corn as change?

hk wrote:
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.


When our society collapses, what will their value be? Can you eat it,
will it protect you from the elements?

wrote:
On Wed, 23 Jan 2008 12:42:21 -0500, hk wrote:

If you are looking for a hard asset, I have a transferable Norell
conversion 1022 that has appreciated 10x in about as many years and it
would be quite handy after the revolution. I have heard folks say in a
real meltdown .22RF ammo might be the new currency

I dunno; I can get into enough trouble without an autofire rifle. :-)

But they are not as lucerative as an investment. They literally are
not making any more. Since 1986 the BATF has not allowed any more into
the registry. I keep the trigger group at the bank with my "rands".
That is the class III part



Indeed. But not for me. Besides, if I wanted an autofire weapon, any
good machinist (Gene comes to mind) could convert a semi-auto Glock 17
into an auto-fire Glock 17 in a couple of hours. I presume the same can
be done to a "legal" AK47, since there are instruction sheets on how to
do same all over the place, even on the sales tables at gun shows.

What's the magazine on that conversion hold, or does it have a drum?

JoeSpareBedroom wrote:
"hk" wrote in message
. ..
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.



OK. You show up at a farmer's place looking for 4 ears of corn. Your
cheapest coin was $100, and he only has sons, so nothing else to offer as
change. Now what? Take an extra 182 ears of corn as change?



Joe,
What you are saying is the reason we have paper money, but if the farmer
won't accept paper money, how do we know he will want hard currenygold.
God only has value, because people thought it was pretty. With the
complete collapse of society why would he want gold? It is possible that
he will want cow and horse **** so he can grow more corn. If that is
the case, then "just" will be a millionaire.

Reginald P. Smithers III wrote:
JoeSpareBedroom wrote:
"hk" wrote in message
. ..
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.



OK. You show up at a farmer's place looking for 4 ears of corn. Your
cheapest coin was $100, and he only has sons, so nothing else to offer
as change. Now what? Take an extra 182 ears of corn as change?

EDIT
Joe,
What you are saying is the reason we have paper money, but if the farmer
won't accept paper money, how do we know he will want hard curreny (ie gold).
Go;d only has value, because people thought it was pretty. With the
complete collapse of society why would he want gold? It is possible that
he will want cow and horse **** so he can grow more corn. If that is
the case, then "just" will be a millionaire.

JoeSpareBedroom wrote:
"hk" wrote in message
. ..
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.



OK. You show up at a farmer's place looking for 4 ears of corn. Your
cheapest coin was $100, and he only has sons, so nothing else to offer as
change. Now what? Take an extra 182 ears of corn as change?




We have a barter system in operation around here with farmers. Those who
barter make deals that please both sides. In the case you cited, the guy
offering up the gold might get "picking privileges" for a season or two
or three.

I have a barter set up for the bit of farmland I own. A local farmer
takes care of the land for me, grows whatever the hell he wants on it
(mostly produce for a truck stand he operates), I have "picking
privileges" for my table, and he and his operational farm equipment
help me out when I need it. This spring, he'll be removing two dying
trees for me, tilling our garden, et cetera. He trades some of the
silage on the land for riding lessons for his kids at a horse farm down
the way. I have entree to the horse farm to pet the animals and
contemplate whether I want a pet farm animal. No money changes hands.

I pay taxes on the land, but as undeveloped land, they are not onerous.

This isn't anything I developed. This sort of barter has been taking
place since Adam begat his brother or however that fairy tale goes.

wrote:
On Wed, 23 Jan 2008 13:07:09 -0500, "Reginald P. Smithers III"
"Reggie is Here wrote:

If people were stranded in some remote location without food, water,
and shelter, a mountain of gold would serve no more purpose than so much
sand. It would have no price. Gold has no intrinsic value."

I have heard it summed up as "Gold, ammo and MREs"


I had an itch on my right butt cheek earlier. I should have known Reggie
was back there, angling for a sniff.

"Vic Smith" wrote in message
...
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

Actually it's I-94 and Wisconsin 50, just a couple of miles north of the
border. I haven't been there in probably 25 years but we started eating
there in the '60s. Hwy 50 is the route we took to Camp Lake where we had a
home on the lake.

Just for fun I Goggled it, low and behold, it's still there after 46 years.

Three things I miss since leaving Chicago area are brats, good pizza and
Italian beef sandwiches.

http://www.bratstop.com/contact.htm

If you do stop there, have a couple for me.

On Wed, 23 Jan 2008 13:59:44 -0500, "D.Duck" wrote:



Actually it's I-94 and Wisconsin 50, just a couple of miles north of the
border. I haven't been there in probably 25 years but we started eating
there in the '60s. Hwy 50 is the route we took to Camp Lake where we had a
home on the lake.

Just for fun I Goggled it, low and behold, it's still there after 46 years.

Three things I miss since leaving Chicago area are brats, good pizza and
Italian beef sandwiches.

http://www.bratstop.com/contact.htm

If you do stop there, have a couple for me.

Thanks, I saved it. You've given me the idea to go to Kenosha
and maybe visit the waterfront. Real quick trip compared to going out
on I-90 to see farms.
You got that right about pizza and Italian beef. I hardly ate brats
until I moved to the suburbs. 'Cause I can't find decent pizza or
Italian beef nearby!

--Vic

"Vic Smith" wrote in message
...
On Wed, 23 Jan 2008 13:59:44 -0500, "D.Duck" wrote:



Actually it's I-94 and Wisconsin 50, just a couple of miles north of the
border. I haven't been there in probably 25 years but we started eating
there in the '60s. Hwy 50 is the route we took to Camp Lake where we had a
home on the lake.

Just for fun I Goggled it, low and behold, it's still there after 46
years.

Three things I miss since leaving Chicago area are brats, good pizza and
Italian beef sandwiches.

http://www.bratstop.com/contact.htm

If you do stop there, have a couple for me.

Thanks, I saved it. You've given me the idea to go to Kenosha
and maybe visit the waterfront. Real quick trip compared to going out
on I-90 to see farms.
You got that right about pizza and Italian beef. I hardly ate brats
until I moved to the suburbs. 'Cause I can't find decent pizza or
Italian beef nearby!

--Vic

A couple of years ago my 90 year old Aunt in Arlington Hts became terminally
ill. My brother, from Michigan and I both traveled there to be with her as
she had no other family. The three weeks I was there much of our dining was
on pizza and Italian beef. When I arrived home in Florida I jumped on the
scale only to find I had gained 13 pounds.

Haven't found a decent pizza joint here. There have been a couple of places
that opened and served pretty good Chicago style Italian beef but neither of
them lasted very long.

When I first moved to Florida I walked into a "Italian" pizza restaurant and
ordered an Italian beef to go. They looked at me like I just fell out of
tree, they had never heard of such a thing. I didn't realize it's a thing
pretty much unique to Chicago.