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11-15-2010, 14:32
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#226
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Senior Member
Join Date: Jan 2002
Location: Pacific NW
Posts: 11,006
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Quote:
Originally Posted by 1 old 0311
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I know that guy!
Screen name: Buckaroo Banzai
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Bill
Pacific NW
The urge to save humanity is almost always a false-face for the urge to rule it.
- H. L. Mencken -
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11-15-2010, 21:13
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#227
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Senior Member
Join Date: Jun 2006
Location: Az
Posts: 108
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Quote:
Originally Posted by 1 old 0311
Well the rest of the World doesn't seem real happy that Obama is trying to save his Presidency by printing more money. It will go up.
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Didn't he get turned down by the rest of the world to buy the debt, and that is why the fed is monetizing it? Because no one would buy it? Not sure it has anything to do with "Saving his Presidency"...
If the rest of the world turned us down then my take is the rest of the world can eat it.
BTW, I am NO fan of Obama, but this leans into patriotism in my book.
__________________
We are all prisoners in the cave of illusion, and you dare to attack someone who sees the door?
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11-16-2010, 11:06
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#228
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Yay college
Join Date: Nov 2004
Location: O H I O
Posts: 1,626
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Dang how much are they going to be printing? Last dozen times I've gone to the bank for cash my 20's have all bee sequentially numbered and all my 1's as well. Bank teller complained to me the damn things stick together too easily.
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11-16-2010, 11:21
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#229
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Senior Member
Join Date: Jan 2002
Location: Pacific NW
Posts: 11,006
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I was reading an article that said that the banks are finally starting to release some of the trillions of funny money into the M1 supply. The article stated that the m1 supply is up by 7% after being flat/down for a LONG time, and the velocity of money is starting to kick up. (no I didn't actually independently confirm the numbers in the article)
We haven't seen much consumer inflation yet because:
1) The banks were holding the money
2) The manufacturers and retailers were "eating" some of the increases
But now, if it is true the money is being injected into the m1 supply, added to the recent announcements by manufacturers and retailers that they can no longer absorb the cost increases, and will be passing them along, expect to see inflation start heating up.
__________________
Bill
Pacific NW
The urge to save humanity is almost always a false-face for the urge to rule it.
- H. L. Mencken -
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11-16-2010, 11:52
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#230
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Senior Member
Join Date: Jan 2006
Location: Planet Earth
Posts: 4,254
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Quote:
Originally Posted by wonderwolf
Dang how much are they going to be printing? Last dozen times I've gone to the bank for cash my 20's have all bee sequentially numbered and all my 1's as well. Bank teller complained to me the damn things stick together too easily.
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Never thought about it but you are right. Most of the money going around seems to be the new 'Obama bucks.'
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11-17-2010, 20:40
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#231
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Curious Member
Join Date: Oct 2002
Location: Penn's Woods
Posts: 28,105
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Either last year or the year before...around this time...wasn't Silver around 1/3 of what it is today in relation to the USD? Just something I was thinking about. I remember that I thought about buying it, out of the blue one day, and it turned out I missed the lowest price in a long time by about two weeks. At that time I figured I would just wait until it came back down a point or two to jump in. Well that never happened. So I lost interest and just kept buying guns/ammo. Then by the time I got back in the game it had risen to around 16-18. So I bought some. It was bought with disposable income and it wasn't much, but today I'm glad I did it. I just wish I would have bought when it was 11 instead of 17-ish.
-Emt1581
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11-17-2010, 22:41
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#232
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ΜΟΛΩΝ ΛΑΒΕ
Join Date: Jul 2005
Location: NE of Atlanta
Posts: 29,162
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Quote:
Originally Posted by emt1581
Either last year or the year before...around this time...wasn't Silver around 1/3 of what it is today in relation to the USD? Just something I was thinking about. I remember that I thought about buying it, out of the blue one day, and it turned out I missed the lowest price in a long time by about two weeks. At that time I figured I would just wait until it came back down a point or two to jump in. Well that never happened. So I lost interest and just kept buying guns/ammo. Then by the time I got back in the game it had risen to around 16-18. So I bought some. It was bought with disposable income and it wasn't much, but today I'm glad I did it. I just wish I would have bought when it was 11 instead of 17-ish.
-Emt1581
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It did dip massively for a little bit. In mid-late 2008 it dove from 18 down to about 10.
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Last edited by Warp; 11-17-2010 at 22:44..
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11-18-2010, 03:57
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#233
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Tewwowist
Join Date: Apr 2008
Location: There
Posts: 36,177
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Quote:
Originally Posted by Big Bird
I mean seriously? If they can do it...why not do it all the time? Why not create perpetual prosperity?
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Was this not the promise of the Fed, BB?
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[QUOTE=4949shooter;20225469][B][COLOR="Blue"]You have been identified as an anti authority figure.[/COLOR] [/B]
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11-18-2010, 12:47
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#234
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Senior Member
Join Date: May 2005
Location: Palm Beach County, FL
Posts: 15,517
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Found me a 1964 dime in my change from lunch today......I didn't think that would ever happen again.
Just wanted to share....
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Fleece it out, dinkin' flicka.
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11-18-2010, 12:48
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#235
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Tewwowist
Join Date: Apr 2008
Location: There
Posts: 36,177
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Quote:
Originally Posted by PBCounty
Found me a 1964 dime in my change from lunch today......I didn't think that would ever happen again.
Just wanted to share....
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Worthless. Expired. Put it in a vending machine somewhere.
__________________
[QUOTE=4949shooter;20225469][B][COLOR="Blue"]You have been identified as an anti authority figure.[/COLOR] [/B]
[/QUOTE]
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11-18-2010, 13:34
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#236
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Senior Member
Join Date: Jul 2010
Location: Northeast Kentucky
Posts: 421
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I just looked at a quote. Up $1.32 (over 5%) so far today at $26.99.
Anybody near me want to buy a green box (500 silver eagles) at spot price? Or trade me 10 oz. of gold for it?
Last edited by Careby; 11-18-2010 at 13:39..
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11-18-2010, 14:41
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#237
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Senior Member
Join Date: Aug 2003
Location: Calaveras Station, California
Posts: 2,276
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Quote:
Originally Posted by PBCounty
Found me a 1964 dime in my change from lunch today......I didn't think that would ever happen again.
Just wanted to share....
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Someones coin collection got riped-off
and the Bastauge just spent it for face value.
You're most likely to find such things in vending and automatic change dispensing machines, though.
Last edited by jeager; 11-18-2010 at 14:42..
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11-18-2010, 16:13
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#238
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Senior Member
Join Date: May 2005
Location: Palm Beach County, FL
Posts: 15,517
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Quote:
Originally Posted by certifiedfunds
Worthless. Expired. Put it in a vending machine somewhere.
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Seeing what the "junk bags" go for today, I could kick myself for not saving all the ones I would find from when I was a kid.....there were a lot more floating around back then. Too bad I would only look for them as a novelty and then spend them again anyway.
__________________
Fleece it out, dinkin' flicka.
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11-19-2010, 12:36
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#239
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Senior Member
Join Date: May 2005
Location: Palm Beach County, FL
Posts: 15,517
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Found two more today from the same Subway....a 1951 and 1957. On a roll baby.
__________________
Fleece it out, dinkin' flicka.
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11-29-2010, 12:59
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#240
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Senior Member
Join Date: Sep 2007
Posts: 861
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Last edited by 223242; 11-29-2010 at 15:24..
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11-30-2010, 13:06
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#241
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Methberry PD
Join Date: Jan 2007
Posts: 6,541
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Quote:
Originally Posted by 223242
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Ok, I give. WTF is this all about?
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11-30-2010, 15:27
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#242
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ΜΟΛΩΝ ΛΑΒΕ
Join Date: Jul 2005
Location: NE of Atlanta
Posts: 29,162
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Currently at $28.07
__________________
The only thing necessary for evil to triumph is for good men to do nothing.
I highly recommend Google Chrome and Adblock to all world wide web users.
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11-30-2010, 20:07
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#243
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Tewwowist
Join Date: Apr 2008
Location: There
Posts: 36,177
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Quote:
Originally Posted by Warp
Currently at $28.07
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Beautiful, eh?
Wait till it crosses $100!
__________________
[QUOTE=4949shooter;20225469][B][COLOR="Blue"]You have been identified as an anti authority figure.[/COLOR] [/B]
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11-30-2010, 20:22
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#244
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Curious Member
Join Date: Oct 2002
Location: Penn's Woods
Posts: 28,105
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Quote:
Originally Posted by certifiedfunds
Beautiful, eh?
Wait till it crosses $100!
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I still say that is not a good thing.
-Emt1581
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11-30-2010, 20:42
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#245
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C.D.B.
Join Date: Dec 2005
Posts: 4,620
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Quote:
Originally Posted by emt1581
I still say that is not a good thing.
-Emt1581
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I am sure you are right, especially if you are not holding a lot of of silver.
__________________
"Both oligarch and tyrant mistrust the people, and therefore deprive them of arms." - Aristotle,
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11-30-2010, 20:44
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#246
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Curious Member
Join Date: Oct 2002
Location: Penn's Woods
Posts: 28,105
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Quote:
Originally Posted by UneasyRider
I am sure you are right, especially if you are not holding a lot of of silver.
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Even if you are...it's a sign that things are changing on many levels.
-Emt1581
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11-30-2010, 20:54
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#247
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Tewwowist
Join Date: Apr 2008
Location: There
Posts: 36,177
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Quote:
Originally Posted by emt1581
I still say that is not a good thing.
-Emt1581
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Oh, no. Agreed. But there is a saying:
"What is going to happen is going to happen. Just make sure it doesn't happen to you."
And another:
"People will get what they have coming."
__________________
[QUOTE=4949shooter;20225469][B][COLOR="Blue"]You have been identified as an anti authority figure.[/COLOR] [/B]
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11-30-2010, 20:54
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#248
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Tewwowist
Join Date: Apr 2008
Location: There
Posts: 36,177
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Quote:
Originally Posted by UneasyRider
I am sure you are right, especially if you are not holding a lot of of silver.
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Well, yeah, that too.
__________________
[QUOTE=4949shooter;20225469][B][COLOR="Blue"]You have been identified as an anti authority figure.[/COLOR] [/B]
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11-30-2010, 21:09
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#249
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You're Good!
Join Date: Sep 2009
Posts: 9,614
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Quote:
Originally Posted by certifiedfunds
Worthless. Expired. Put it in a vending machine somewhere.
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Huh? not at all. He wont retire on it, but its worth about $2
64 dimes are 90%.
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11-30-2010, 21:24
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#250
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Tewwowist
Join Date: Apr 2008
Location: There
Posts: 36,177
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Quote:
Originally Posted by G29Reload
Huh? not at all. He wont retire on it, but its worth about $2
64 dimes are 90%.
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It was sarcasm
__________________
[QUOTE=4949shooter;20225469][B][COLOR="Blue"]You have been identified as an anti authority figure.[/COLOR] [/B]
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