Author Topic: Gold Jumps $40 Today,...Stock Market Loses A Year's Worth Of Earnings Today.  (Read 10842 times)

fightingquaker13

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I'm retired, so seeing the market take a nosedive just makes me feel all warm and fooking fuzzy.
Stupid ass politicians are killing my retirement!  >:(

On the bright side, digging around in my gun room I found 1800 rds of 5.56 I forgot about, 250 new 30-06 cases, an 8# keg of H4350 that is unopened and 3 new Benchmade automatics that I forgot I own.
Want to sell one of those blades? Because while I think the republic will survive, I'll never say no to a good knife. ;D
FQ13
PM me if you want to sell.

kmitch200

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Want to sell one of those blades? Because while I think the republic will survive, I'll never say no to a good knife. ;D
FQ13
PM me if you want to sell.

I don't think you can sell automatics across state lines without being a dealer.  Evil Black Knives are dangerous.  ::)
I know I can't send in one of my autos to Benchmade for repair and have them send it back, it has to be sent to a dealer.

If I find out different, I'll let you know.
You can say lots of bad things about pedophiles; but at least they drive slowly past schools.

Badgersmilk

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People collecting gold as a "secure investment" fascinates me.  In times like right now yes, it's gone up in value because people are told it's worth more by the media.  RIGHT NOW, that's all it takes.  Endorsement by the media for anything to have value.

So lets say things degrade any further and the value of the $ has collapsed...  With that kind of turmoil and unrest in the streets outside exactly what the He## do I want with your gold?  

Here you are.  No food, water, shelter, but a 40lb bag of coins.  Yeah, good luck with that!  EXCELLENT INVESTMENT!   ::)  The only thing your going to get in exchange is someone may be kind enough to take it from you and beat you to death with it.  Ending your long slow death from starvation early.   ::)

Don't believe it'll ever go that far?  Then your still an idiot for not having sold your shiny when it was at its peak value.  NOW!  Any "recovery" made in our economy is only going to cause your shiny to loose the imagined value it's been assigned.  UNLOAD IT!  

BUY GUNS!!!   ;D  Gold has gone up in value?  What do you think the mint condition Winchester M1 Carbine I bought 10 years ago for $189 has done?

fightingquaker13

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And here, oddly enough, I agree with Badger. If things go far enough south that gold coins are accepted as currency? I'm willing to bet that ammo or MREs will trade for a lot higher on the market and they are both much cheaper and more useful. ;)
FQ13

fightingquaker13

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I don't think you can sell automatics across state lines without being a dealer.  Evil Black Knives are dangerous.  ::)
I know I can't send in one of my autos to Benchmade for repair and have them send it back, it has to be sent to a dealer.

If I find out different, I'll let you know.
For god's sake, I can sell you a Glock across state lines. Seriously, if you in Arizona, and me in Florida, two of the most pro-2A states in the union can't sell freaking pocket knives to each other its time for a revolution. That is utterly absurd.
FQ13 who will take a midol and calm down, but honestly, tell me you aren't pissed about legal issues surrounding selling pocket knives? AAAARGH! I HATE POLITICIANS! I HATE SARAH BRADY AND I HATE ANYONE WHO THINKS THE NANNY STATE IS A GOOD IDEA! f..k THEM ALL!  

There, I'm all better now. I reccomend you try a rant yourself, it really does make your day better. ;)

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tombogan03884

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Sucks to live in one of those oppressive states. I can carry switch blades, swords, axes, or any other thing I can afford.
Oh yeah, I don't pay any taxes when I buy them either.   ;D


Do you ever drink decaff Rastus?  Here's the deal.  It ain't that bad. We've been through worse, far worse, and survived. And if you think we have traitors rather than idiots in charge? Well, explain the War of 1812, WWI,  and WWII. Sorry, I don't think we are worse off now than we were then. So lighten up Francis! ;D
FQ!3


But we have already established that you are either a Liberal or a blooming idiot.
And you just confirmed it.

kmitch200

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Sucks to live in one of those oppressive states. I can carry switch blades, swords, axes, or any other thing I can afford.
Oh yeah, I don't pay any taxes when I buy them either.   ;D

I do have to pay taxes on purchases but no matter what state you live in, interstate commerce is regulated by the feds.
I too can carry whatever I want, auto knives, swords, etc. Whether it is class III, Title 2 or whatever, if I got the feds blessing on the suppressor, fullauto MP5 or whatnot I can carry it - open or concealed without a permit. If it's not Class III then all bets are off anyway. I'm good to go.

It doesn't suck living in AZ except during June, July and August....but you don't have to shovel heat. October thru April/May is Chamber of Commerce weather. ;D

For god's sake, I can sell you a Glock across state lines. Seriously, if you in Arizona, and me in Florida, two of the most pro-2A states in the union can't sell freaking pocket knives to each other its time for a revolution. That is utterly absurd.
FQ13 who will take a midol and calm down, but honestly, tell me you aren't pissed about legal issues surrounding selling pocket knives? AAAARGH! I HATE POLITICIANS! I HATE SARAH BRADY AND I HATE ANYONE WHO THINKS THE NANNY STATE IS A GOOD IDEA! f..k THEM ALL! 


I agree, F@CK THEM ALL!!   You could sell me a Glock but it would have to go through a dealer.

Does it make ANY sense that I can sell FQ my tactical Randall, (that I bought from Florida directly from the maker) with a 7" blade, the top 2" of which will shave hair just like the 6.5" on the other side, but a 4" knife that opens with the push of a button is somehow more dangerous?

It's just another example of politicians not knowing their ass from a hole in the ground. The original auto knives were marketed to women so they wouldn't break a nail by pulling open a regular pocker knife. Congress must have watched West Side Story and thought, "Gee, gang members use those! We need to pass a law!" 
IDIOTS!!
You can say lots of bad things about pedophiles; but at least they drive slowly past schools.

Rastus

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..................
Here you are.  No food, water, shelter, but a 40lb bag of coins.  Yeah, good luck with that!  EXCELLENT INVESTMENT!   ::)  The only thing your going to get in exchange is someone may be kind enough to take it from you and beat you to death with it.  Ending your long slow death from starvation early.   ::)
..........

I think you are missing the point.  Yes, food water and shelter first.  Then if you have money left convert it into something that will have value in the next economy if you think today's economy is at risk.  It's the way it's been done for centuries in Europe and it works. 

People say gold has value only because "someone says it has value"...OK, big deal...it has value so go with it.  When economies crash or currency becomes worthless or extremely devalued, like for instance the Weimar Republic, Nazi Germany, Austria, Arentenia, Peru, etc....people hold inflated paper that has little or no value in the "next" currency or currency standard.  Why would you hold onto something that is going to have no value if you can convert it into something that has value in your future?  You may not get dollar for dollar purchasing power...but if you have 10 cents on a dollar then that's better than zero cents on the dollar and the truth is it may have positive multiples not too long after a new currency standard is established.

I agree with you needing to stay alive, but preparations to carry your sweat equity, the value of your labor in this economy to the next economy is important to.

And...those of us who prepare...we can always sell some food to those who have only bags of gold.  When there is another side, the bag of gold will undeniably be quite nice to possess.  The world generally does not stay in perpetual Mel Gibson road warrior hell after conflict or crash, it improves to some level.  I have a German friend who was a teenager in WWII who became a US citizen, served in the US military and who lived through about the worst that can be thrown at a people in the way of economics.  I value very much his lessons born of actual experience and hardship with additional references to failed economies across the world and time.  IN WWII  and immediately after people from the German cities streamed out into the countryside to buy a piece of meat, a little flour for bread, etc....the farmers who foolishly took paper had nothing after the war.  The farmers who traded for a Rolex or a ring had new barns, tractors, etc. after the war. 

Lesson learned?

Saying one is foolish to invest in gold and silver if you can is shortsighted.  If you have to bug out can you carry more value in guns or gold?  I already know that answer.
Necessity is the plea for every infringement of human freedom.
It is the argument of tyrants; it is the creed of slaves.
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Rastus

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One other thing.  For instance, in Austria after WWII they spent so much money they did not have they had to call in the currency 11 to 1 (10 to 1?).  Anyway, I'm close when I say 1100 marks of old currency were converted to 100 marks of the new currency and that pleased the international bankers.

Just printing new money did not "do it".  What happened was that the conversion was limited to 1100 marks per person.  Forget that you may have millions of marks or hundreds of thousands or marks or tens of thousands of marks, you were allowed to convert only 1100 per man woman and child.  Quite a cruel tax wasn't it?  Strong medicine taken by the workers and producers and unfelt by the people who blew their money or lived off the government.

So, they announced the swap deal on a Monday and you could convert at your local bank on Thursday.  Only Thursday and only once...miss it and too bad.

The only play on that was coinage.  Coinage was not called in because it is 1) too expensive to recall and 2) a small portion of the entire amount of money in the system.  On that Friday coins went over at par which was an 11 to 1 multiple increase in buying power.  So with super hyper-inflation if coins become worthless it may be good at the "apogee" or end of a currency to swap to coins....if they haven't all been melted down.
Necessity is the plea for every infringement of human freedom.
It is the argument of tyrants; it is the creed of slaves.
-William Pitt, British Prime-Minister (1759-1806)
                                                                                                                               Avoid subjugation, join the NRA!

billt

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Hell yeah! I need to get more bullets before the price goes up.

Wal-Mart just raised the price of their Federal Champion 9 MM from $10.47 a box, to $11.97. It won't stop there either.  Bill T.

 

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