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Sell Your Gold, It's Not Backed By Anything

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Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 10/10/2011  11:53 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
My mother is an excellent shot, easily the best in the family. She has been shooting and hunting for more than 50 years.

Excellent. She sounds like my kind of gal.


Quote:
The dealer was taking advantage of the recent election and spreading rumors to boost his business.

Which is why most of us think very critically about the claims made by those who are trying to sell us something.


Quote:
He claims the bill was slated for passage in Obama's first 100 days in office.

Who knows? Perhaps it was but they backed off after taking a head count for votes.


Quote:
I don't think anyone knows if they will be able to pull the trigger until the moment arrives.

Perhaps not... but it is a question that is worthy of honest consideration.


Quote:
I don't dwell on it since I never expect to be in that situation.

It's not necessary to dwell on it but it is something that a person who bothers to arm themselves should honestly consider. Those who do not and end up in a situation where deadly violence is imminent, often waste very precious time making that decision when they should be moving and shooting instead. I don't expect to be in a car wreck either but I still buy collision insurance.
Valued Member
GTALLEN's Avatar
United States
315 Posts
 Posted 10/11/2011  03:05 am  Show Profile   Bookmark this reply Add GTALLEN to your friends list Get a Link to this Reply
Ed_B

All very great answers to questions that many have not given a single thought. Thank you for your sharing them. Honest consideration should be given to many of the numerous scenarios that are possible in this era we live in.

Valued Member
chris beatie's Avatar
344 Posts
 Posted 10/11/2011  4:45 pm  Show Profile   Bookmark this reply Add chris beatie to your friends list Get a Link to this Reply
OMG NOOOOOOOOOOOOOOOO, my gold just vanished in a puff of smoke :(. The reporter girl really was a genius.
Valued Member
chris beatie's Avatar
344 Posts
 Posted 10/11/2011  4:49 pm  Show Profile   Bookmark this reply Add chris beatie to your friends list Get a Link to this Reply
As for being able to shoot someone or such when SHTF. Almost anyone is capable of fighting back when they get backed into a corner. Only a very few would not have instincts kick in to defend themselves.

However if you are one of those select few who worry too much about it. Well thats Darwinism for ya.
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 10/11/2011  5:57 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
All very great answers to questions that many have not given a single thought. Thank you for your sharing them. Honest consideration should be given to many of the numerous scenarios that are possible in this era we live in.

Thanks, GTallen. This site is a great place to share ideas. A good discussion of them helps us all, either by bringing up something that is important or helping ourselves get back onto the right track.


Quote:
OMFG NOOOOOOOOOOOOOOOO, my gold just vanished in a puff of smoke :(. The reporter girl really was a genius.

LOL!

Every time I think about that gal, I just have to wonder if her brain is worth anything. After all, it isn't backed by anything!


Quote:
As for being able to shoot someone or such when SHTF. Almost anyone is capable of fighting back when they get backed into a corner. Only a very few would not have instincts kick in to defend themselves.

I agree with this but also know that in a combat situation, there very likely is no time for some quiet introspection. Once the decision is made, then fighting back can begin... IF THERE IS STILL TIME.

All this reminds me of that bumper sticker that I sometimes see at gun shows. It says, "When seconds matter, the police are only minutes away!".
Valued Member
mwr1550's Avatar
United States
193 Posts
 Posted 10/12/2011  9:33 pm  Show Profile   Bookmark this reply Add mwr1550 to your friends list Get a Link to this Reply
So according to Poboxw's graph, if the US gov should get its act together and lower the debt, gold would see a similar decline? I'd like to see that chart expanded to the 1990's to see if there was a correlation back then when we had a budget surplus.
Valued Member
GTALLEN's Avatar
United States
315 Posts
 Posted 10/13/2011  5:32 pm  Show Profile   Bookmark this reply Add GTALLEN to your friends list Get a Link to this Reply

Quote:
"When seconds matter, the police are only minutes away!".


Except when you are going 85 on I-5 way North of the Grapevine, in a red sports car. Then CHP are all over that.

Oh, you were talking about real police officers. CHP is only there to write tickets, they do nothing to fight real crime. They are just traffic officers.

My Brother-in-law is a San Jose Police Officer (ie..real cop). He has so many jokes about CHP.
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 10/13/2011  9:49 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
Except when you are going 85 on I-5 way North of the Grapevine, in a red sports car. Then CHP are all over that.

Of course they are! Why, a good car chase is almost as much fun as doing the horizontal hula!
Valued Member
chris beatie's Avatar
344 Posts
 Posted 10/13/2011  11:46 pm  Show Profile   Bookmark this reply Add chris beatie to your friends list Get a Link to this Reply
Well after watching that compelling video, I quickly sold all my gold to APMEX then I reinvested it into many cases of high end darts with some nice cork dartboards too.

Now I know my investment of darts will be backed by something instead of that silly gold!
Pillar of the Community
mkfarm's Avatar
United States
667 Posts
 Posted 10/14/2011  12:09 am  Show Profile   Bookmark this reply Add mkfarm to your friends list Get a Link to this Reply
Gold is backed by my personal belief that it will mean as much to others as it does to me. Frankly if you offered me $1M in greenbacks or gold I'm taking the gold.

Countries can die along with their currency, gold just seams to hang around and holds some value no matter what happens.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 10/14/2011  12:54 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
What was their gripe, blocking traffic? We averaged 85mph in a van on the NY/NJ turnpike for three hours. A black sports car behind us flashed, blew his horn, and within 5 seconds, was out of sight.

Then there were the two off-duty cops who got picked up doing 150mph on the outerbelt in Columbus, on motorcycles. They got a slap on the wrist, and would've gotten off scott free if the media didn't pick up the story.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 10/14/2011  01:06 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:

Of course they are! Why, a good car chase is almost as much fun as doing the horizontal hula!


Never understood the logic that says it makes sense to have two cars, one doing 130, to catch one car doing 100. They've got the guy's license plate in most cases, eventually he goes home or stops for gas. Cops like to drive fast, too.

It's fun, too. One time I got to drive 70 on High Street in OSU district. Got passed by two cruisers, one on either side. Caught the drunk, tho!

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Ed_B's Avatar
United States
4008 Posts
 Posted 10/14/2011  6:22 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
They've got the guy's license plate in most cases, eventually he goes home or stops for gas.

Right. Hopefully BEFORE he kills someone.
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 10/14/2011  10:09 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
Which is safer, one idiot diving fast, or one idiot driving faster to escape another idiot who is chasing him?
Valued Member
JSH's Avatar
United States
410 Posts
 Posted 10/15/2011  01:00 am  Show Profile   Bookmark this reply Add JSH to your friends list Get a Link to this Reply
It all comes down to the circumstances. Yes, the criminal may go home but if he or she is smart they have a stolen license plate on their car. Then the cops end up breaking down the door of some old lady. On the other hand, if traffic is really bad, and the perp and cops are weaving through traffic like they are slalom skiing it may be best to let the perp go.
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