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Old 02-22-2013, 09:55   #101
Atlas
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Quote:
Originally Posted by tehan2 View Post
my father has said for years that when the SHTF, the rich man will be the guy that has the control of

aspirin
penicillin
Vicodin

Add Viagra to that list?
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Old 02-22-2013, 10:28   #102
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Quote:
Originally Posted by Atlas View Post
Add Viagra to that list?
Only for SHTF scenarios lasting more than four hours. HH
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Old 02-22-2013, 10:48   #103
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Originally Posted by HollowHead View Post
Only for SHTF scenarios lasting more than four hours. HH
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Old 02-22-2013, 11:37   #104
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Quote:
Originally Posted by HollowHead View Post
Only for SHTF scenarios lasting more than four hours. HH


I can't see Viagra on that list. Maybe KY. No foreplay today? HeythatsOK!
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Old 02-22-2013, 14:07   #105
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Gold has retained value for the last 10,000 years or so. That's a pretty good indication of a good investment. Will it rise dramatically? It will if our dollar goes soft and inflation gets high. Personally I'd put my money in Silver or Oil right now. Gold seems a bit inflated at the moment.

I have a theory that Gold is growing with the rising power of India. Indian's buy gold and never sell it. They pass it down through the family as jewelery and dawry's. Indian's are gaining more middle class jobs and buying more gold creating demand that did not exist 10 short years ago. I think India has stopped growing at the rapid pace and that has helped Gold plateu in price.

Great investment. No. Good store of value. Yes.
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Old 02-23-2013, 04:28   #106
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Quote:
Originally Posted by tehan2 View Post
my father has said for years that when the SHTF, the rich man will be the guy that has the control of

aspirin
penicillin
Vicodin
You forget viagra
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Quote:
Twice a week? 14 times a month?
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2x4=8, not 14.
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Old 02-23-2013, 06:40   #107
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Originally Posted by DanaT View Post
You forget viagra
5 posts previous my friend..
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Old 02-23-2013, 08:16   #108
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I road gold up, mainly by investing in gold stocks like SPDR Gold Shares, Pershing Gold and Market Vectors Junior Gold, but I'm out now.

I did buy a few S.A. Krugerrands, Austrian Wiener Philarmonikers and Canadien Maple Leafs, but not really as investments - more because I like handling them - they feel substantial in an insubstantial time.
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Old 02-24-2013, 05:53   #109
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Quote:
Originally Posted by scottz0369 View Post
I bought gold in the 90s when it was cheaper, now I'm selling it to finance durable goods.
I'm a Ramsey fan, I hadn't heard his take, but I agree with it. Now that gold is so high, I'd be reluctant to buy. One thing that strikes me is that there are soooooo many businesses that are now willing to trade their valuable gold for our soon to be worthless dollars. Sort of reminds me of the real-estate market a few years ago.....
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The gold buying businesses are buying "scrap gold" at sub-wholesale, selling at wholesale, taking that cash and buying more... They are in the mining business not the investing business - mining people rather than rocks. If bullion coins are involved they may be more like stock brokers using bid/ask pricing.

Every now and again, one will forget which business he is in and get burned by a sudden drop in the market.


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