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  • November 10, 2009 at 1:59 PM #480872
    partypup
    Participant

    [quote=ucodegen]

    When you can’t unload a Canadian Maple Leaf for $50 – or even give it away – because the sheep are too gun shy and addicted to paper, then I think it’s safe to say that gold has a LOOOOONG way to run.

    NOTE: I think the real thing is that people are brain dead is the real reason. Quotable from the video… “I don’t even have $5 on me..”.

    The other problem is being to ID if it is a real coin or not.. I wonder how many people have actually seen a Maple Leaf gold coin and know what its purity is.
    [/quote]

    You’ve made some good points, Ucodegen, especially about the issue of authenticity (which I raised myself in the post). However, if someone is filming you on camera and is making a pitch, chances are it isn’t a scam but rather an experiment.

    Look, I’m sure Dice knew that no one would actually hand over $50 without verfiying the content of the coin. But I don’t think that was the point of the video. What I found humorous (as did Dice) was people’s reactions. And you’re right, most people have never even seen a real gold coin, so they would have no way of determining whether he was offering something real or something fake. And I think that was the point he was trying to make: we are so removed from *real* money – having only seen paper all of our lives – that we wouldn’t recognize it if it were staring us in the face. He just chose a humorous method to make his point. If I were one of the targets I would have asked to see the coin and said, “Sounds like a good deal. Walk with me to a coin shop and let’s check it out?” But these people – a good number of whom were probably unemployed or underemployed with plenty time on their hands as they strolled the beach – didn’t even want to be bothered because they can’t even relate to real money anymore. Now, if Dice had offered them a bootleg copy of “This is it” or “Paranormal Activity”, I’m sure he would have gotten much more interest!

    November 10, 2009 at 2:18 PM #480060
    Eugene
    Participant

    If some stranger approached you in the street and offered to sell you a car for $100, and he had keys & what looked like a legit title, would you go for it? Clearly an awesome deal. He’ll even let you inspect the car and make sure that it has seats, a steering wheel and an engine. All you have to do is fork over $100.

    November 10, 2009 at 2:18 PM #480229
    Eugene
    Participant

    If some stranger approached you in the street and offered to sell you a car for $100, and he had keys & what looked like a legit title, would you go for it? Clearly an awesome deal. He’ll even let you inspect the car and make sure that it has seats, a steering wheel and an engine. All you have to do is fork over $100.

    November 10, 2009 at 2:18 PM #480585
    Eugene
    Participant

    If some stranger approached you in the street and offered to sell you a car for $100, and he had keys & what looked like a legit title, would you go for it? Clearly an awesome deal. He’ll even let you inspect the car and make sure that it has seats, a steering wheel and an engine. All you have to do is fork over $100.

    November 10, 2009 at 2:18 PM #480668
    Eugene
    Participant

    If some stranger approached you in the street and offered to sell you a car for $100, and he had keys & what looked like a legit title, would you go for it? Clearly an awesome deal. He’ll even let you inspect the car and make sure that it has seats, a steering wheel and an engine. All you have to do is fork over $100.

    November 10, 2009 at 2:18 PM #480886
    Eugene
    Participant

    If some stranger approached you in the street and offered to sell you a car for $100, and he had keys & what looked like a legit title, would you go for it? Clearly an awesome deal. He’ll even let you inspect the car and make sure that it has seats, a steering wheel and an engine. All you have to do is fork over $100.

    November 10, 2009 at 3:03 PM #480113
    kev374
    Participant

    well, nobody buys gold from some stranger on the street but the point of total ignorance is most definitely apparent by the way these people respond. The argument is not to reject the deal based on it’s authenticity but rather reject it based on the belief that it has no value.

    November 10, 2009 at 3:03 PM #480280
    kev374
    Participant

    well, nobody buys gold from some stranger on the street but the point of total ignorance is most definitely apparent by the way these people respond. The argument is not to reject the deal based on it’s authenticity but rather reject it based on the belief that it has no value.

    November 10, 2009 at 3:03 PM #480639
    kev374
    Participant

    well, nobody buys gold from some stranger on the street but the point of total ignorance is most definitely apparent by the way these people respond. The argument is not to reject the deal based on it’s authenticity but rather reject it based on the belief that it has no value.

    November 10, 2009 at 3:03 PM #480722
    kev374
    Participant

    well, nobody buys gold from some stranger on the street but the point of total ignorance is most definitely apparent by the way these people respond. The argument is not to reject the deal based on it’s authenticity but rather reject it based on the belief that it has no value.

    November 10, 2009 at 3:03 PM #480940
    kev374
    Participant

    well, nobody buys gold from some stranger on the street but the point of total ignorance is most definitely apparent by the way these people respond. The argument is not to reject the deal based on it’s authenticity but rather reject it based on the belief that it has no value.

    November 10, 2009 at 4:11 PM #480153
    ucodegen
    Participant

    LOL. Are you kidding? It took me 3 minutes! The stories supporting my view are everywhere now.

    Another warning that we are in a gold peak bubble.. Everyone was investing in Real Estate at the peak…

    November 10, 2009 at 4:11 PM #480319
    ucodegen
    Participant

    LOL. Are you kidding? It took me 3 minutes! The stories supporting my view are everywhere now.

    Another warning that we are in a gold peak bubble.. Everyone was investing in Real Estate at the peak…

    November 10, 2009 at 4:11 PM #480679
    ucodegen
    Participant

    LOL. Are you kidding? It took me 3 minutes! The stories supporting my view are everywhere now.

    Another warning that we are in a gold peak bubble.. Everyone was investing in Real Estate at the peak…

    November 10, 2009 at 4:11 PM #480761
    ucodegen
    Participant

    LOL. Are you kidding? It took me 3 minutes! The stories supporting my view are everywhere now.

    Another warning that we are in a gold peak bubble.. Everyone was investing in Real Estate at the peak…

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