Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
Joined: Dec 07, 2005 Posts: 2025 Location: Australia
Posted: Tue Aug 26, 2008 4:26 am Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
ReverseEngineer wrote:
Generally speaking, it appears to me that this thread is for people who have way too much surplus wealth and are looking for ways to protect their wealth. If you have soooo much money you are trying to figure out how much of the extra you should drop into Gold coins, you are a BIG part of the problem we have in the world. You obviously have scarfed up way more of the wealth of the world than you really needed to survive, and now you are trying to figure out how best to stay rich. This is the fundamental underpinning of greed.
I find it entertaining listening to this stuff, just it is kind of pathetic by my estimation. I wonder why people feel it necessary to accumulate so much wealth they have to agonize over how to protect it? Do I buy Commodities? Equities? Real Estate? Ammo? What? LOL.
I never felt the need to accumulate so much wealth, though I had many opportunities to do so. Any person who takes more than what they actually NEED, with some surplus to insure against a rainy day is just too greedy to be a really GOOD person. I take just what I need from the world, I always have. If I kill a Moose, I eat all of that Moose, though gotta admit I haven't boiled out hooves to make glue yet.
I wish you guys luck figuring out how to protect your wealth. I'll stick to the Red Fox Mittens, and bow out of this thread.
Reverse Engineer
Me, I am the oposite. I just don't have the need to spend what ever surplus money I have on discretionaries.
Since I have started to learn more about economy and take an active interest in my economical future I have tighted the belt. So to hear you ranting about us having way too much is quite offensive. And whether we have "up way more of the wealth of the world than we really needed to survive" remins to be seen.
What you are expressing is the fundamental underpinning of envy.
You put your money on one thing I on another and now you go whining that I am some how responsible for the financial mess becasue I am trying to get out of this still standing on my feet.
In fact, and I have't said this before, I am quite disgusted with what I read and I feel sorry for your ignorant views. _________________ It's not a bailout, it's a buy-in" - Nancy Pelosi
Posted: Tue Aug 26, 2008 4:55 am Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
Micki wrote:
In fact, and I have't said this before, I am quite disgusted with what I read and I feel sorry for your ignorant views.
One person's Disgust is another person's Entertainment Perceive the world as you see fit, Heineken sees things one way, I see them another. I got where I am because I know the value of what I do, and how to make it work. I did not have to become rich in a monetary sense to accomplish that, and I am quite free of this need even in our own society. I understand the value of life and what is important in society and so I made my choices, which do NOT include Gold Coins at the moment. I am envious in no sense of people so consucmed with their money they need to obsess about how to protect it. Its pathetic.
You wanna call me Ignorant, feel free, be my guest. Water off a duck's back here Micki.
Joined: Dec 07, 2005 Posts: 2025 Location: Australia
Posted: Tue Aug 26, 2008 5:09 am Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
ReverseEngineer wrote:
Micki wrote:
In fact, and I have't said this before, I am quite disgusted with what I read and I feel sorry for your ignorant views.
One person's Disgust is another person's Entertainment Perceive the world as you see fit, Heineken sees things one way, I see them another. I got where I am because I know the value of what I do, and how to make it work. I did not have to become rich in a monetary sense to accomplish that, and I am quite free of this need even in our own society. I understand the value of life and what is important in society and so I made my choices, which do NOT include Gold Coins at the moment. I am envious in no sense of people so consucmed with their money they need to obsess about how to protect it. Its pathetic.
You wanna call me Ignorant, feel free, be my guest. Water off a duck's back here Micki.
Reverse Engineer
If I lose my job I might not have an income to pay off loans I have on my house. I am trying to make the right decisions to ensure best possible outcome for me and my family playing within the rules we have been given.
I am not rich, I have loans, and I consider every dollar where I am going to put it.
For that I am accused of being a large part of the reason the worlds problems.
If me being upset about such accusations entertains you go ahead but in my view that is either a sick or ignorant. _________________ It's not a bailout, it's a buy-in" - Nancy Pelosi
Posted: Tue Aug 26, 2008 5:35 am Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
Micki wrote:
I am trying to make the right decisions to ensure best possible outcome for me and my family playing within the rules we have been given.
Therin lies the difference between you and I. I NEVER have lived by the "rules we have been given". Never accepted any of it as true in a real sense, and always occupied my own space in the world by my own definition. I did many things in my life, just I never made it a point to define success as a monetary thing. I do what I LIKE doing. Its not imprtant to me how much money I make past the point of being able to meet my needs with a little extra for a rainy day (and there have been a few rainy days in my life).
If you lose your job and lose your house because of that, this is because you bought into the "rules you were given". This is YOUR problem, not MY problem. You want to call me ignorant because of this, I can turn that around on you and say it is YOU who are the ignorant one. You BOUGHT nto the bill of goods society sold you, I never did. That is why I was free when I saw it coming that I could move myself to the very edge of civilization to make my last stand. You make your stand by buying some Gold Coins, I make mine with my Red Fox Fur Mittens and my Fishing Net.
Who will in the end come out better off here? I cannot answer that question, but I am happy with my choices and the way I lived my life, I was a GOOD MAN who gave of himself always to help others, and I will continue to do so until I can no longer support myself. I do this not through Gold Coins, this is a worthless artifact of economics in what we face now.
Feel sorry for me in my ignorance if you see fit. I can live with it. Can you live with your choices?
Joined: Dec 07, 2005 Posts: 2025 Location: Australia
Posted: Tue Aug 26, 2008 7:48 am Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
ReverseEngineer wrote:
Micki wrote:
I am trying to make the right decisions to ensure best possible outcome for me and my family playing within the rules we have been given.
Therin lies the difference between you and I. I NEVER have lived by the "rules we have been given". Never accepted any of it as true in a real sense, and always occupied my own space in the world by my own definition. I did many things in my life, just I never made it a point to define success as a monetary thing. I do what I LIKE doing. Its not imprtant to me how much money I make past the point of being able to meet my needs with a little extra for a rainy day (and there have been a few rainy days in my life).
If you lose your job and lose your house because of that, this is because you bought into the "rules you were given". This is YOUR problem, not MY problem. You want to call me ignorant because of this, I can turn that around on you and say it is YOU who are the ignorant one. You BOUGHT nto the bill of goods society sold you, I never did. That is why I was free when I saw it coming that I could move myself to the very edge of civilization to make my last stand. You make your stand by buying some Gold Coins, I make mine with my Red Fox Fur Mittens and my Fishing Net.
Who will in the end come out better off here? I cannot answer that question, but I am happy with my choices and the way I lived my life, I was a GOOD MAN who gave of himself always to help others, and I will continue to do so until I can no longer support myself. I do this not through Gold Coins, this is a worthless artifact of economics in what we face now.
Feel sorry for me in my ignorance if you see fit. I can live with it. Can you live with your choices?
Reverse Engineer
So you don't care about the rules. Now what does that mean, you steal what you need? You beat up anyone giving you a strange look? Of course not. Your definitions about not playing by the rules probably just means that you don't do it the mainstream way. But that doesn't mean you don't do it by the rules.
So let's ask you about your home. Do you rent or do you pay mortgage or do you own it? Or is your idea simply that everyone should leave in a cardboard in the forest?
And do you have a family you need to care about.
If not, is that what you mean if being the casuse of this worlds problems? Or is it for the fact that I don't want to live hand to mouth but ensure best possible future for me and my family?
Even you say you put aside for a rainy day.
Well if you haven't noticed, most of us here at PO are expecting a whole lotta rain. So where do you draw this magical line that when you put aside it is for a rainy day but when we put aside for future we are creating all the problems of this world.
You say you saw what was coming and made your move and now your are looking down upon all those others who didn't make the move at the same time and scaled down to the same extent as you did.
And I have no issue with you living with your fishnets. That is my goal as well. A simple debt free life with a small boat and a rod or by a campfire on the beach and fruits and vegies in the backyard.
But for some reason when I am working towards this goal, I am a wealthy greedy pig and the reason for this worlds problems. _________________ It's not a bailout, it's a buy-in" - Nancy Pelosi
Posted: Tue Aug 26, 2008 7:50 am Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
I think I would feel the same way Reverse Engineer does if I lived in a fully paid off cabin someplace. Unfortunately a lot of us live here in the world of mortgages and retirements. We can't live off the land, because there isn't enough. We pile up assets in a feeble attempt to hold our position in society. It may be futile, but that's the way it goes.
Meanwhile there is evidence that the price of PM's has been manipulated. I wonder if that's a reason for a stronger dollar and lower oil as well.
Who knows what's going on? _________________ Deep in the mud and slime of things, even there, something sings.
Posted: Tue Aug 26, 2008 2:50 pm Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
BigTex wrote:
I wonder how ReverseEngineer feels about what the squirrels are doing with the nuts.
Squirrels save enough nuts to make it through the winter. They do NOT put piles of nuts into a tree cavity and look for how much interest they will get on the nuts. I have NEVER seen a fat squirrel. I'm sorry, if you have that much money that you are worried about whether you should put 15% in Gold Eagles and 25% in Bonds and 30% in Toilet Paper to wipe your butt, you have got WAY more money than you need to worry about.
I am all for storing a few nuts. I am NOT in favor of being such a greedy individual you need to figure out what to do with you piles of gold to keep them safe.
Joined: Aug 03, 2006 Posts: 4338 Location: Graceland
Posted: Tue Aug 26, 2008 2:56 pm Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
ReverseEngineer wrote:
BigTex wrote:
I wonder how ReverseEngineer feels about what the squirrels are doing with the nuts.
Squirrels save enough nuts to make it through the winter. They do NOT put piles of nuts into a tree cavity and look for how much interest they will get on the nuts. I have NEVER seen a fat squirrel. I'm sorry, if you have that much money that you are worried about whether you should put 15% in Gold Eagles and 25% in Bonds and 30% in Toilet Paper to wipe your butt, you have got WAY more money than you need to worry about.
I am all for storing a few nuts. I am NOT in favor of being such a greedy individual you need to figure out what to do with you piles of gold to keep them safe.
Joined: Mar 18, 2008 Posts: 468 Location: Upstate New York
Posted: Tue Aug 26, 2008 3:03 pm Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
ReverseEngineer wrote:
Squirrels save enough nuts to make it through the winter. They do NOT put piles of nuts into a tree cavity and look for how much interest they will get on the nuts. I have NEVER seen a fat squirrel. I'm sorry, if you have that much money that you are worried about whether you should put 15% in Gold Eagles and 25% in Bonds and 30% in Toilet Paper to wipe your butt, you have got WAY more money than you need to worry about.
I am all for storing a few nuts. I am NOT in favor of being such a greedy individual you need to figure out what to do with you piles of gold to keep them safe.
Reverse Engineer
Its all about protecting my family. So if you break your leg in the woods or need something where do you not have the skill set to accomplish the task and the person that you need does not accept red fuzzy mittens, then what will you do. They may only take gold or silver... or sheep or ammo or whatever. The point is making sure your supplies are diverse enough to get you through most issues.
Posted: Tue Aug 26, 2008 6:06 pm Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
mattduke wrote:
These are the types of arguments we'll hear when the gold-haters shift violently from ridiculing those who save gold, to stealing it from them.
If you are going to invest in soemthing of value, I suggest something lighter in weight than Gold. Unless you have been training your running with lead ankle weights, you will have a hard time staying ahead of the Zombies loaded down with all that Gold
Posted: Tue Aug 26, 2008 7:04 pm Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
ReverseEngineer wrote:
Unless you have been training your running with lead ankle weights, you will have a hard time staying ahead of the Zombies loaded down with all that Gold
I don't know about that. Right now $25,000 worth of gold weighs about the same amount as a quart of water. _________________ "We were standing on the edges
Of a thousand burning bridges
Sifting through the ashes every day
What we thought would never end
Now is nothing more than a memory
The way things were before
I lost my way" - OCMS
Joined: Dec 07, 2005 Posts: 2025 Location: Australia
Posted: Tue Aug 26, 2008 7:11 pm Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
smallpoxgirl wrote:
ReverseEngineer wrote:
Unless you have been training your running with lead ankle weights, you will have a hard time staying ahead of the Zombies loaded down with all that Gold
I don't know about that. Right now $25,000 worth of gold weighs about the same amount as a quart of water.
ReverseEngineer seems to have a very singleminded, simplistic or even twisted view of what kind of people hold gold and the reasons for this. Comicbook education is my guess.
_________________ It's not a bailout, it's a buy-in" - Nancy Pelosi
Joined: Sep 14, 2004 Posts: 6625 Location: Rural Virginia
Posted: Tue Aug 26, 2008 7:46 pm Post subject: Re: The Eagle Has Been Grounded (US Gold Coins)
Micki wrote:
ReverseEngineer wrote:
Generally speaking, it appears to me that this thread is for people who have way too much surplus wealth and are looking for ways to protect their wealth. If you have soooo much money you are trying to figure out how much of the extra you should drop into Gold coins, you are a BIG part of the problem we have in the world. You obviously have scarfed up way more of the wealth of the world than you really needed to survive, and now you are trying to figure out how best to stay rich. This is the fundamental underpinning of greed.
I find it entertaining listening to this stuff, just it is kind of pathetic by my estimation. I wonder why people feel it necessary to accumulate so much wealth they have to agonize over how to protect it? Do I buy Commodities? Equities? Real Estate? Ammo? What? LOL.
I never felt the need to accumulate so much wealth, though I had many opportunities to do so. Any person who takes more than what they actually NEED, with some surplus to insure against a rainy day is just too greedy to be a really GOOD person. I take just what I need from the world, I always have. If I kill a Moose, I eat all of that Moose, though gotta admit I haven't boiled out hooves to make glue yet.
I wish you guys luck figuring out how to protect your wealth. I'll stick to the Red Fox Mittens, and bow out of this thread.
Reverse Engineer
Me, I am the oposite. I just don't have the need to spend what ever surplus money I have on discretionaries.
Since I have started to learn more about economy and take an active interest in my economical future I have tighted the belt. So to hear you ranting about us having way too much is quite offensive. And whether we have "up way more of the wealth of the world than we really needed to survive" remins to be seen.
What you are expressing is the fundamental underpinning of envy.
You put your money on one thing I on another and now you go whining that I am some how responsible for the financial mess becasue I am trying to get out of this still standing on my feet.
In fact, and I have't said this before, I am quite disgusted with what I read and I feel sorry for your ignorant views.
Micki, well said as usual. You have helped me to understand why this thread took the turn it did.
There really is nothing more discouraging than the envy Engineer is displaying, consciously or unconsciously.
I was just trying to give some good financial advice, but it was twisted into something evil. Yes, I have strong opinions about precious metals, but that doesn't make me King Midas.
I obtained most of the "surplus" I have by living poor for decades on the fringes of Washington, DC's, vast ghetto. I had no car, and my kitchenette (with its half-refrigerator and mini-stove) was full of roaches and visited by the occasional mouse. Cucaracha music kept me awake at night, and the hallways smelled of a mixture of garlic and damp carpet. I saved and invested whatever I could, and finally achieved a very basic level of financial freedom. My quest was never about materialism or sitting on a mother lode, it was about freedom. Some of my investments did better than I had anticipated---it that my fault? Is it shameful that I finally have "more than I need to survive"? I have spent much of my "surplus" money on land, which I spend my days healing from the harsh hands of the former owners. Much of this land will be placed in conservation easements.
I'm in my 50s and have no health insurance. I need a "surplus" in case I break my leg or develop a serious disease. _________________ "Actually, humans died out long ago."
---Abused, abandoned hunting dog
"Things have entered a stage where the only change that is possible is for things to get worse."
---Me and my brother
Last edited by Heineken on Tue Aug 26, 2008 8:34 pm; edited 1 time in total
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Perceive the world as you see fit, Heineken sees things one way, I see them another. I got where I am because I know the value of what I do, and how to make it work. I did not have to become rich in a monetary sense to accomplish that, and I am quite free of this need even in our own society. I understand the value of life and what is important in society and so I made my choices, which do NOT include Gold Coins at the moment. I am envious in no sense of people so consucmed with their money they need to obsess about how to protect it. Its pathetic.
