| Author |
 Replies: 20 / Views: 2,825 |
Page 2 of 2
|
|
|
|
Valued Member
United States
289 Posts |
It should be more like Communism is cool ROFL LOL JKJKJKJK
|
|
Pillar of the Community
United States
642 Posts |
'Spend it like it's hot' Snoop reference...  |
|
Valued Member
United States
188 Posts |
In god we trust is plenty good.
Now if we also trust in gold........
|
|
Pillar of the Community
 United States
4008 Posts |
Quote:
I always say if God does not have a good sense of humor I am headed to hell, lol. I'm with you, Silverhawk. Way too many people get way too excited over not much of anything sometimes. I have to think that God has a keen sense of humor, though. He created us, right? And He's probably been laughing over that ever since.  |
|
Pillar of the Community
United States
4008 Posts |
Quote:
Gentlemen choose your saviour. - biggfredd
Well, speaking for myself, my soul belongs to God but my finances belong to whatever sustains me and my family, come what may. With the way that things are going these days, I just have to feel that some PMs on hand are a VERY good idea. If for no other reason, collecting coins, rounds, and bars is fun and interesting. If no disaster comes along, that will be great. I can always leave it to the kids and grand kids. Might save their bacon one day. If needed sooner than that, I will be mighty glad to have it available to me rather than a huge wad of paper that may or may not be worth much. I know that the people who frequent this site are WELL aware of the fact that paper money shrinks with time... at least in terms of buying power. I like to tell people a little story about two men from different times. 1000 years ago, a man could buy a 100 lb. sack of wheat to make bread and feed his family with 1/2 a gram of gold. Today, a man can still do that. Inflation? What inflation? As another fellow put it, if you have an ounce of gold, you have an ounce of gold. You do not wake up one day to find that it has shrunk to 0.8 ounce because of government incompetence. No, it is still *1* ounce. Given how paper money shrinks with time, usually due to over-printing, that ounce of gold is more likely to buy more goods and services tomorrow than it does today. Now, THAT is what I call an asset! |
|
Pillar of the Community
United States
4008 Posts |
Quote:
But I think our current government's motto is "in paper we trust". - muddler
I can think of a lot of great uses for paper but unbacked paper money just isn't one of them. Other than that, I have a high regard for paper... every out-house should have some! |
|
Pillar of the Community
United States
900 Posts |
"In Gold We Trust"? I don't want to take the chance. Remember what happened after Moses lead his people out of Egypt. He was on Mount Sinai so long that they convinced Aaron to make a God of gold. Remember how upset Moses got? I think its a bad idea. I'm just sayin'
|
|
Bedrock of the Community
United States
20753 Posts |
Quote:
He was on Mount Sinai so long that they convinced Aaron to make a God of gold. Remember how ticked Moses got? I think its a bad idea.
Not sure what the price of Gold was per ounce back then but imagine how much that thing would sell for with todays Gold prices. Motto on coins? I'm for deleting all writting on coins. Even eliminate the date and mint marks. The way things are now we are making China work to hard to counterfeit our coins.  |
|
Bedrock of the Community
United States
17884 Posts |
Quote:
From 1955-2010, In god wet rust.
What cost $1 in 1955 would cost $8.05 in 2010.
14.6% inflation per year. I think something is wrong with your math. I don't have a compounded interest chart for 14% but for 12% over a 55 year period $1 would have to grow to $454 to break even. $1 to $8.05 is closer to 3% |
|
Valued Member
United States
447 Posts |
The motto should say....
Practice Personal Responsibility
|
|
Pillar of the Community
Thailand
1509 Posts |
|
|
Valued Member
United States
188 Posts |
ROFL
To close to the real words, the gov might think they have competition. hehehe
|
|
Pillar of the Community
United States
1348 Posts |
|
|
Pillar of the Community
United States
613 Posts |
My brother was one of those people on FB condeming the gov. for taking GOD off the dollar coins. I explained to him about the new edge lettering on the dollar coins, and yes he lives in E. Tenn..
If it were up to me there would be no IGWT or EPU on our coins, but thats just me.
|
|
Pillar of the Community
United States
4008 Posts |
Quote:How about a special issue for fishermen (anglers)? In Cod We Trust. As a fisherman, I could get into that as well... just add some chips and a beer.  |
|
Page 2 of 2
|
Replies: 20 / Views: 2,825 |
Page 2 of 2
|
First Page
Posted 04/11/2011 5:44 pm
