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(Yahoo)   AGh and AU no   (gma.yahoo.com) divider line 243
    More: Obvious, SoftBank, hyperinflation  
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13203 clicks; posted to Main » on 15 Apr 2013 at 1:02 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-04-15 03:03:53 PM

Parthenogenetic: mylonitic: Donnchadha: Why would he write out the "ahhhhgh" sound? Wouldn't he just say it?

Perhaps he was dictating.

Isn't there a St. AGh's in Cornwall?


No that's "Auuuu" in surprise and alarm
 
2013-04-15 03:06:18 PM

StreetlightInTheGhetto: Apos: Bf+: Carthax: Apos: whistleridge: Ag, Au no. Cu later...

Na

A group of Oxygen, Hydrogen, Sulfur, Sodium and Phosphorus walk into a bar.  The bartender looks up and says, "OH, SNaP!"


You're sure to get a lot of reactions to that.


I see what you concocted there.

The solution is to stop it with the darn pun threads.


I C what U did there.
 
2013-04-15 03:06:28 PM

RedPhoenix122: So, the people who had money in gold paid for advertising to get more people to invest in it, then when it started to peak, sold off and left the common mislead consumer holding the bag?  Didn't see that coming a mile away.


No kidding.
 
2013-04-15 03:06:51 PM

SuperNinjaToad: Donnchadha: Wow. Chemistry fail, subby.

Why?

AU and AG is correct.


No, they aren't. Au and Ag are correct symbols, but AU and AG are incorrect. Captialization matters.

Co is cobalt, but CO is carbon monoxide.
 
2013-04-15 03:08:15 PM

Matthew Keene: Post-apocalyptic currency.[www.fillthetruck.org image 800x508]


E super-gracias de Goya!

24.media.tumblr.com
 
2013-04-15 03:09:57 PM

Great Janitor: Called it!

Gold is a valuable metal, but most of it's rise in value has been over the past 10 years and that was part of the 2012 end of the world non-sense.  The only market for gold was for jewelers and gold buyers.  Anyone who bought gold thinking that it would be the only currency following the collapse of the U.S. Government and buried it in their backyards wasted their money since now, the gold is losing value, and that even if the government collapsed, that gold is only as valuable as the person who your are trading it to who has the food/medicine/supplies/services that the person with the gold needs.  If the government collapsed and two people come to me for my services as a roofer and one is willing to pay me in gold coin and the other is offering me two chickens and a drum of corn, I'm going to do the roofing job for the guy with the chicken and corn.


Dude, just about everyone with a brain knew that gold was-and still is-grossly overvalued. Now, if you were able to time this and make a fortune in it by going short on gold, then yes, by all means, pat yourself on the back and let us know what a great maven you are. Otherwise, keep the pride you have in yourself in check.
 
2013-04-15 03:12:58 PM

StreetlightInTheGhetto: Apos: Bf+: Carthax: Apos: whistleridge: Ag, Au no. Cu later...

Na

A group of Oxygen, Hydrogen, Sulfur, Sodium and Phosphorus walk into a bar.  The bartender looks up and says, "OH, SNaP!"


You're sure to get a lot of reactions to that.


I see what you concocted there.

The solution is to stop it with the darn pun threads.


That's rather precipitate, don't you think?
 
2013-04-15 03:13:39 PM

MassD: More specifically, enough raw supplies to make bullets, lots and lots of bullets... THOSE would have real value.  The dude with all the ammo is the dude with all the power.


I skip a step and just stockpile the completed ammunition.
 
2013-04-15 03:17:37 PM

palelizard: snowshovel: Doesn't gold have some value as a conductive metal? Or for imprinting uses on DVDs?

Yeah, it's got some uses in a high tech world, but not proportionate to its (inflated by doomspeakers) price.  Your computer's CPU probably has some gold in it, and I think there are some gold bits in catalytic converters in your car, but gold only has intrinsic value in a non-doomsday scenario where there's enough of society to actually use it.

The fun part will be when all the gold hoarders, post-doomsday, try to trade the gold for food, and get refused because the other party doesn't need gold for anything.  Then the hoarder kills them and claims, "I offered fair trade, but they were determined to rob me" to anyone listening.


i1.ytimg.com

I was paid a good amount of caps for these.
 
2013-04-15 03:20:50 PM

Magorn: Sulfur's tricky, you have to find a supply and mine it, and there is no real substitute


Although Sulphur strongly assists the conflagration, it is not needed for blackpowder where there is an adequate source of ignition.

www.musketeer.ch

Sulphur-free black powder is also very low-smoke, which is nice. It's just hard to ignite with a flintlock. One could conserve it by using sulphured powder only for the pan.
 
2013-04-15 03:21:25 PM

palelizard: snowshovel: Doesn't gold have some value as a conductive metal? Or for imprinting uses on DVDs?

Yeah, it's got some uses in a high tech world, but not proportionate to its (inflated by doomspeakers) price.  Your computer's CPU probably has some gold in it, and I think there are some gold bits in catalytic converters in your car, but gold only has intrinsic value in a non-doomsday scenario where there's enough of society to actually use it.

The fun part will be when all the gold hoarders, post-doomsday, try to trade the gold for food, and get refused because the other party doesn't need gold for anything.  Then the hoarder kills them and claims, "I offered fair trade, but they were determined to rob me" to anyone listening.


"Jeez, Pops. Did you have to cave his skull in with that bar of silver?"

"Damnit, Rick. I told you silver never loses value. Now go make a fire so we can cook these people. The last of the Chumlee ran out days ago."
 
2013-04-15 03:25:26 PM

Great Janitor: Called it!

Gold is a valuable metal, but most of it's rise in value has been over the past 10 years and that was part of the 2012 end of the world non-sense.  The only market for gold was for jewelers and gold buyers.  Anyone who bought gold thinking that it would be the only currency following the collapse of the U.S. Government and buried it in their backyards wasted their money since now, the gold is losing value, and that even if the government collapsed, that gold is only as valuable as the person who your are trading it to who has the food/medicine/supplies/services that the person with the gold needs.  If the government collapsed and two people come to me for my services as a roofer and one is willing to pay me in gold coin and the other is offering me two chickens and a drum of corn, I'm going to do the roofing job for the guy with the chicken and corn.


Also called it!

Bunch of my friends are in the finishing stages of their employed lives, and they watch hannity and the rest of Faux knews with baited breath, following every word like it was gospel. They each have a small stockpile of gold and silver, which most of them view as inviolate.  Another friend converted much of his liquid wealth(cash on hand) into silver just to take advantage of the rise.  While he did get a lot of gains from the rise, with his wife in charge of the finances, I'm guessing he is looking at a serious loss by now.  Stuck up biatch deserves it.br<br>My parents stayed out of the whole thing.  They lost a good portion of their retirement when the market crashed, and would have made bank if they'd had taken a bit of advice from yours truly, but their stock guy advised against it. After firing their stock guy, the new person has their retirement back where it should be, and considering they missed the period the gains were most evident, they went ahead and decided to forego the point of investing in Au or Ag.  Might be able to talk them into something, but the butthurt market will more than likely continue for a week or so.  Think about buying sometime after silver hits 18/oz.  16/oz is possible, but the market should recover by then.  Au is too volatile to figure out with much accuracy. If you want a figure, then here: buy when it hits 1250 or so, but be prepared to sell, because that is when the rest of the market will be flooded again by all the people who didn't act first.  The brief spike in the market will signal the hold-outs to dump what they have left.  I doubt it will be much more than a momentary spike in price, but it will be the false bottom everyone spoke of during the market crash, when day traders bought in the morning, the news agencies reported a brief swell in the market, followed almost immediately by the sudden downturn as all the day traders took advantage of the brief spike, and then sold their stocks.  Wash, sleep, repeat..br<br> you think the sudden shift in the commercials from asking for the gold(and later the same thing happened with silver) you find to wanting you to buy gold, because "This is the best time to buy gold, as it is at an all time high."  It was on an all time high.  Now it is going to drop, and those investors and companies want their money back, with interest.

/would also take the food as opposed to gold for payment
//need something fixed?  I'll take dinner for a week
///will find the gold weeks later next to your looted corpse, use it in my mechanical creations' circuit boards
 
2013-04-15 03:28:13 PM

Rapmaster2000: This bubble lasted much, much longer than I thought it would.

The most it can logically fall from a price perspective is to around $800 an ounce, but it won't go that low.  That's the cost to produce for the most inefficient miners.  Wait four years.  That will likely be where it shoots below where it should be.


We're in bubble zone. After the pop the price will drop well below what the actual price should be. So expect 400-500 gold in the near future. That's when you should buy a little, keep in your document safe.

I've found that nothing with a mass media pitchman is worth investing in. If it's such a great thing why are you telling everyone to do it? You'll screw up the market!
 
2013-04-15 03:34:01 PM

Matthew Keene: Post-apocalyptic currency.[www.fillthetruck.org image 800x508]


Beets? Really?
 
2013-04-15 03:38:15 PM

Smackledorfer: You would have typed this exact post had the dip come any time in the last decade, wouldn't you?


In 2003, it was near $400 an ounce, recovering from 2001 and not making any strong moves up, so no, I wouldn't have expected a dip. Bubbles are obvious if you look at data. Avoid them when you see them.
 
2013-04-15 03:42:02 PM
I have a bottle of this stuff on my shelf. That's real gold, biatches. I'm set...

www.thebeveragestore.com
 
2013-04-15 03:42:05 PM

Rapmaster2000: DCSteve: Is anyone else buying in?  I bought IAU this afternoon.

I don't believe in the end of the world scenario (which I why I can own the ETF) but I do believe there will be some problems arising still to come since nearly everyone is printing money.

Too soon.  I bet this baby can slice off another 20%.

We'll see.  Besides it's fun to buy things when blood is in the streets.  I bought Japan equity after the quake and U.S. equity after the U.S. was downgraded.  Both turned out pretty well.

I did as well and my returns were pretty lousy.  What equities did you purchase?  That chart was flat until last November when Abe started printing money.


Hedged Wisdom Tree Japanese Equity - the key was the currency.
 
2013-04-15 03:45:40 PM

TheDirtyNacho: DCSteve: Is anyone else buying in?  I bought IAU this afternoon.

I don't believe in the end of the world scenario (which I why I can own the ETF) but I do believe there will be some problems arising still to come since nearly everyone is printing money.

We'll see.  Besides it's fun to buy things when blood is in the streets.  I bought Japan equity after the quake and U.S. equity after the U.S. was downgraded.  Both turned out pretty well.


While it's generally a good idea to buy when the market is at its lowest... the key word is 'lowest'.  Gold has a ways to go.  Also being a mined commodity throws some additional "interesting" effects in.


I don't know when the lowest will come - may have already.  No real way to price gold and it could go way down from here, I agree.  I just thought it was an opportunity to buy in.  "has a ways to go" I'm interested to hear what you think its fair value is and how you get there.
 
2013-04-15 03:47:18 PM

Matthew Keene: Post-apocalyptic currency.[www.fillthetruck.org image 800x508]



in the future, as now, canned lima beans will be worth nil.

So . . . with the impending end of the world, I should move to Cleveland, and take over the salt mine under Erie?  Don't think Cargill will mind . . .
 
2013-04-15 03:48:49 PM
If anything, this is an indicator to buy more precious metals.

The market is now over compensating, it's a good idea to buy a little bit of silver or gold periodically over the next few days/weeks (experienced investors will recognize this as dollar cost averaging), you'll more than likely end up with a profit over the long run because the prices will go back up the next time X government is in financial worries. The only thing that could permanently drive down gold or silver prices would be interstellar mining, otherwise it's a limited resource with tangible uses.

Folks just have to watch out for companies like JP Morgan farking with the metal exchanges like they've been doing.

Also, buy silver, not gold. Gold is mined for specifically seeking to find gold. Silver is usually found as a byproduct of mining for something else. Almost no one specifically mines for silver. Plus, the news rarely mentions silver prices, everyone focuses on gold. This makes it prone to be muppet bait.
 
2013-04-15 03:52:39 PM

Magorn: lemurs: Magorn: well lead's nice, but not strictly necessary for ammo, hard wood can make a decent bullet in a pinch, as can kiln fired-clay. what you REALLY want is a stockpile of sulfur.   Charcoal's easy to make, and anyone with access to a bat-filled cave or bird nesting ground (or in a pinch human or cow manure) can refine enough nitrates, but Sulfur?  Sulfur's tricky, you have to find a supply and mine it, and there is no real substitute.

As in any society, the guy who knows how to make guns and ammo will go farther than the guy with a stockpile of them, or a stockpile of raw materials.  So with the stock market, a company with a bunch of smart people capable of inventing things can be a better investment in the long term than a commodity sitting around in a vault somewhere.

excellent point.  Inestment in knowledge and skills is always the safest and most portable investment possible.  Which actually leads me to an odd thought which creates a minor threadjack that someway way smarter about gunsmithing than I would need to answer: Obviously you'd need to make a whole new triger mechnaism and reciever, but would it be theorectically possible to say, take a modern high-percision rifle and retrofit it as, say, a flintlock?


Yes but it would be of limited value.

Bolt action could be just left forward, and a hole drilled for powder, but the caliber would be tiny.

A bolt action shotgun might work better.

But you would lose almost all advantages.

It would be better to just make your own cartridges and use those.
 
2013-04-15 03:54:02 PM

Big Man On Campus: Smackledorfer: You would have typed this exact post had the dip come any time in the last decade, wouldn't you?

In 2003, it was near $400 an ounce, recovering from 2001 and not making any strong moves up, so no, I wouldn't have expected a dip. Bubbles are obvious if you look at data. Avoid them when you see them.


You are a millionaire then right?

Or maybe a warren buffet, who still makes mistakes?

I just love the 90%+ accuracy that folks online have in 20/20.
 
2013-04-15 03:56:00 PM

DCSteve: TheDirtyNacho: DCSteve: Is anyone else buying in?  I bought IAU this afternoon.

I don't believe in the end of the world scenario (which I why I can own the ETF) but I do believe there will be some problems arising still to come since nearly everyone is printing money.

We'll see.  Besides it's fun to buy things when blood is in the streets.  I bought Japan equity after the quake and U.S. equity after the U.S. was downgraded.  Both turned out pretty well.


While it's generally a good idea to buy when the market is at its lowest... the key word is 'lowest'.  Gold has a ways to go.  Also being a mined commodity throws some additional "interesting" effects in.

I don't know when the lowest will come - may have already.  No real way to price gold and it could go way down from here, I agree.  I just thought it was an opportunity to buy in.  "has a ways to go" I'm interested to hear what you think its fair value is and how you get there.


Just be careful - one rule I learned from dabbling in forex, trading on news is a dangerous game to play. Something like this though is a great sale price on hard commodities that will eventually go up. Just make sure you don't buy everything on one day - buy smaller lots periodically over the next few days/weeks (play it by ear) to spread out losses and gains.

I'll just buy some more silver coins to add to the chest (not worried about current price fluctuations, that's not why I stack bullion). This is all longterm game for me - one day I'll have a nice chest full of silver and gold, completely hidden from the eyes of the IRS. Yum.

As for price fluctuations - to quote JP Morgan - "the markets will fluctuate."
 
2013-04-15 04:00:23 PM

Smackledorfer: Big Man On Campus: Smackledorfer: You would have typed this exact post had the dip come any time in the last decade, wouldn't you?

In 2003, it was near $400 an ounce, recovering from 2001 and not making any strong moves up, so no, I wouldn't have expected a dip. Bubbles are obvious if you look at data. Avoid them when you see them.

You are a millionaire then right?

Or maybe a warren buffet, who still makes mistakes?

I just love the 90%+ accuracy that folks online have in 20/20.


It's not difficult to recognize bubbles.  Some traits:

1.  It's at an all-time high.
2.  Supporters talk of a new paradigm.
3.  Everybody's talking about what an easy investment it is.

Gold, preceded by housing, and before that tech stocks was not a difficult bubble to see.  The people saying it was in a bubble for the last three years weren't wrong because they didn't get rich shorting it.

The problem with making money from bubbles is that it's difficult to time when they pop.  I thought housing would pop in 2005 and I thought gold would pop a few years ago.  That's why I don't short.  I'd go broke covering my positions.

Timing bubbles is more like gambling than investing.  That's why it has very few winners.
 
2013-04-15 04:03:00 PM

Rapmaster2000: xanadian: FTFA: For years gold bugs have predicted economic apocalypse with hyper-inflation and a collapse of stock prices. That simply hasn't happened, and many investors have given up on gold, shifting funds out of precious metals. Last week Goldman Sachs issued a report, predicting gold prices would tumble. More volatility is expected in the days to come.

One thing I've learned as a contrarian is that if somebody's doing their damnedest to push a commodity, you can bet that commodity is due for an eventual and monumental collapse.

I've been watching Goldman Sachs breathlessly push $2000+ gold for the last several years.  Now, they've cut it to $1300.  Hustlers and pimps, the lot of them.



Goldman (and friends) intentionally create the "bubbles" and then intentionally "pop" the bubbles.

They make a killing on the rise, and a killing on the fall.

In the end, the wealth of the many flows into the hands of a few.
 
2013-04-15 04:15:12 PM

scubamage: DCSteve: TheDirtyNacho: DCSteve: Is anyone else buying in?  I bought IAU this afternoon.

I don't believe in the end of the world scenario (which I why I can own the ETF) but I do believe there will be some problems arising still to come since nearly everyone is printing money.

We'll see.  Besides it's fun to buy things when blood is in the streets.  I bought Japan equity after the quake and U.S. equity after the U.S. was downgraded.  Both turned out pretty well.


While it's generally a good idea to buy when the market is at its lowest... the key word is 'lowest'.  Gold has a ways to go.  Also being a mined commodity throws some additional "interesting" effects in.

I don't know when the lowest will come - may have already.  No real way to price gold and it could go way down from here, I agree.  I just thought it was an opportunity to buy in.  "has a ways to go" I'm interested to hear what you think its fair value is and how you get there.

Just be careful - one rule I learned from dabbling in forex, trading on news is a dangerous game to play. Something like this though is a great sale price on hard commodities that will eventually go up. Just make sure you don't buy everything on one day - buy smaller lots periodically over the next few days/weeks (play it by ear) to spread out losses and gains.

I'll just buy some more silver coins to add to the chest (not worried about current price fluctuations, that's not why I stack bullion). This is all longterm game for me - one day I'll have a nice chest full of silver and gold, completely hidden from the eyes of the IRS. Yum.

As for price fluctuations - to quote JP Morgan - "the markets will fluctuate."


Darn.  You didn't take the bait to explain your comment that "gold has a ways to go."  I work in investing and would have not have put my clients' money in this based on just a sharp sell-off, but I thought it'd be fun to take a bet - knowing full well that it's a bet.
 
2013-04-15 04:16:45 PM

DCSteve: scubamage: DCSteve: TheDirtyNacho: DCSteve: Is anyone else buying in?  I bought IAU this afternoon.

I don't believe in the end of the world scenario (which I why I can own the ETF) but I do believe there will be some problems arising still to come since nearly everyone is printing money.

We'll see.  Besides it's fun to buy things when blood is in the streets.  I bought Japan equity after the quake and U.S. equity after the U.S. was downgraded.  Both turned out pretty well.


While it's generally a good idea to buy when the market is at its lowest... the key word is 'lowest'.  Gold has a ways to go.  Also being a mined commodity throws some additional "interesting" effects in.

I don't know when the lowest will come - may have already.  No real way to price gold and it could go way down from here, I agree.  I just thought it was an opportunity to buy in.  "has a ways to go" I'm interested to hear what you think its fair value is and how you get there.

Just be careful - one rule I learned from dabbling in forex, trading on news is a dangerous game to play. Something like this though is a great sale price on hard commodities that will eventually go up. Just make sure you don't buy everything on one day - buy smaller lots periodically over the next few days/weeks (play it by ear) to spread out losses and gains.

I'll just buy some more silver coins to add to the chest (not worried about current price fluctuations, that's not why I stack bullion). This is all longterm game for me - one day I'll have a nice chest full of silver and gold, completely hidden from the eyes of the IRS. Yum.

As for price fluctuations - to quote JP Morgan - "the markets will fluctuate."

Darn.  You didn't take the bait to explain your comment that "gold has a ways to go."  I work in investing and would have not have put my clients' money in this based on just a sharp sell-off, but I thought it'd be fun to take a bet - knowing full well that it's a bet.


Whoops - just realized that there were two different posters.  Sorry.
 
2013-04-15 04:28:39 PM
i.imgur.com

The Republican party stopped being a political party long ago.

It is now a money-making venture for those rich/clever/unempathic enough to get in early before the bubble bursts.
 
2013-04-15 05:40:03 PM

Carthax: StreetlightInTheGhetto: Apos: Bf+: Carthax: Apos: whistleridge: Ag, Au no. Cu later...

Na

A group of Oxygen, Hydrogen, Sulfur, Sodium and Phosphorus walk into a bar.  The bartender looks up and says, "OH, SNaP!"


You're sure to get a lot of reactions to that.


I see what you concocted there.

The solution is to stop it with the darn pun threads.

That's rather precipitate, don't you think?



You're compounding the problem.
 
2013-04-15 06:15:38 PM

common sense is an oxymoron: Carthax: StreetlightInTheGhetto: Apos: Bf+: Carthax: Apos: whistleridge: Ag, Au no. Cu later...

Na

A group of Oxygen, Hydrogen, Sulfur, Sodium and Phosphorus walk into a bar.  The bartender looks up and says, "OH, SNaP!"


You're sure to get a lot of reactions to that.


I see what you concocted there.

The solution is to stop it with the darn pun threads.

That's rather precipitate, don't you think?


You're compounding the problem.


He *does* seem a bit out of his element, doesn't he?
 
2013-04-15 06:19:26 PM
So did the gold market have advance knowledge of the imminent Boston attacks, and pull its investments early to put the money into War Bonds? Or what passes for War Bonds these days?
 
2013-04-15 06:53:42 PM

RexTalionis: Here it is, your daily moment of zen:

[i1212.photobucket.com image 698x491]


Oh yeah. Like I didn't see THAT coming.
 
2013-04-15 06:59:33 PM

The Stealth Hippopotamus: All is not well. Someone is dumping a large amount of gold into the market and people who have no clue are panicking.


It's the hedge funds.  Now we see the irrational market in action.
 
2013-04-15 07:27:12 PM

theorellior: Nonrepeating Rotating Binary: But what if I offered you a chicken made of gold!

And if you lose the Devil gets your soul!

[fiddle solo]


+1, would LOL again
 
2013-04-15 09:02:11 PM

Rapmaster2000: xanadian: FTFA: For years gold bugs have predicted economic apocalypse with hyper-inflation and a collapse of stock prices. That simply hasn't happened, and many investors have given up on gold, shifting funds out of precious metals. Last week Goldman Sachs issued a report, predicting gold prices would tumble. More volatility is expected in the days to come.

One thing I've learned as a contrarian is that if somebody's doing their damnedest to push a commodity, you can bet that commodity is due for an eventual and monumental collapse.

I've been watching Goldman Sachs breathlessly push $2000+ gold for the last several years.  Now, they've cut it to $1300.  Hustlers and pimps, the lot of them.


I remember around mid-2011, JP Morgan and Goldman Sachs were putting out reports saying they expected gold to hit $2,500.  I knew it was bullshiat because I saw them do the same thing with oil.  I figured gold would have topped out at $1,975 but I think actual number was just under $1,908.  I didn't make any money buying or shorting, but I had fun plotting trend lines using MS Paint.  Once they say a stock/commodity has gone parabolic, it's time to make a speedy exit.
 
2013-04-15 11:06:34 PM
DCSteve: Is anyone else buying in?  I bought IAU this afternoon.DZZ
 
2013-04-16 01:03:46 AM
i thought this had something to do with mexican water
 
2013-04-16 01:35:46 AM

dennysgod: [goldprice.org image 450x311]

No hyperinflation in gold prices here.

I foresee a major market correction, which makes senses, normally price of gold goes down when the economy get's better.

And for some reason I can see Glenn Beck acting like the Dukes at the end of Trading Places right about now.


"Turn those machines back on! TURN THOSE MACHINES BACK ON!!"
 
2013-04-16 03:25:17 AM
Hmm maybe if I had money this would be an opportunity for me...
 
2013-04-16 06:37:56 AM
I'm sure you mean Agh and Au no, right subby? Right?
 
2013-04-16 08:15:51 AM
So, I guess I was smart to sell my high school ring when I did.
 
2013-04-16 10:16:24 AM

ciberido: cranked: Great Janitor: the only currency following the collapse

This is why I am heavily invested in fresh tomatoes.

And this is why I invested in Flainian Pobble Beads and Ningis.


Stupid me, I went with Altairian Dollars!

www.american-buddha.com
 
2013-04-16 05:24:04 PM

hdhale: hiker9999: SlothB77: but Hannity and Beck told me i couldn't lose investing in gold!

No, no.  *Hannity and Beck* can't lose if *you* invest in gold.  Focus on what's important!

You say that like the dollar is a better investment.

[turklishtefl.com image 386x350]

/actually I've been expecting the bottom to fall out from the gold market for a while, just never expected it to take this long
//if you actually listened to Beck, you buy gold mostly because when paper currency is good for nothing but wiping your ass, gold is still valuable, which is true


if paper money becomes good for nothing but wiping your ass, gold will be good for nothing but keeping your toilet paper from blowing away. if all of society collapses, the thing that still has REAL VALUE! isn't going to be a material that is only useful for shiny trinkets and high quality electronics.

the tomato seed nutjobs were much closer to reality than the gold nutjobs. tomatos fulfill a need.
 
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