Home › Forums › Financial Markets/Economics › Pivotal Day in US History Supreme Court says FU to Contract Law
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PCinSD.
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June 11, 2009 at 2:19 PM #414683June 11, 2009 at 3:19 PM #414034
enron_by_the_sea
ParticipantIf you take time to read the text of Supreme courts order, (which can be found here at http://tinyurl.com/kj2n7r), you will find that Supreme court only declined to stay the sale as requested by the parties. They have made it clear that this not a judgement on the underlying legal issues of the case. They note that th parties requesting the stay have not provided sufficient reasons to grant a stay.
Presumably, the legal issues you are worried about may come in front of the supreme court at some other day.
June 11, 2009 at 3:19 PM #414272ParticipantIf you take time to read the text of Supreme courts order, (which can be found here at http://tinyurl.com/kj2n7r), you will find that Supreme court only declined to stay the sale as requested by the parties. They have made it clear that this not a judgement on the underlying legal issues of the case. They note that th parties requesting the stay have not provided sufficient reasons to grant a stay.
Presumably, the legal issues you are worried about may come in front of the supreme court at some other day.
June 11, 2009 at 3:19 PM #414526ParticipantIf you take time to read the text of Supreme courts order, (which can be found here at http://tinyurl.com/kj2n7r), you will find that Supreme court only declined to stay the sale as requested by the parties. They have made it clear that this not a judgement on the underlying legal issues of the case. They note that th parties requesting the stay have not provided sufficient reasons to grant a stay.
Presumably, the legal issues you are worried about may come in front of the supreme court at some other day.
June 11, 2009 at 3:19 PM #414593ParticipantIf you take time to read the text of Supreme courts order, (which can be found here at http://tinyurl.com/kj2n7r), you will find that Supreme court only declined to stay the sale as requested by the parties. They have made it clear that this not a judgement on the underlying legal issues of the case. They note that th parties requesting the stay have not provided sufficient reasons to grant a stay.
Presumably, the legal issues you are worried about may come in front of the supreme court at some other day.
June 11, 2009 at 3:19 PM #414748ParticipantIf you take time to read the text of Supreme courts order, (which can be found here at http://tinyurl.com/kj2n7r), you will find that Supreme court only declined to stay the sale as requested by the parties. They have made it clear that this not a judgement on the underlying legal issues of the case. They note that th parties requesting the stay have not provided sufficient reasons to grant a stay.
Presumably, the legal issues you are worried about may come in front of the supreme court at some other day.
June 11, 2009 at 3:40 PM #414059
CoronitaParticipant[quote=pabloesqobar][quote=flu]
Holy crap. Did the cost of that golden eagle just go up. I swear it was around $1200 last time i checked. Now I’m seeing it’s around $1337.Maybe my memory serves me wrong.[/quote]
You’re right, I just checked and now the price is $1339. I got in at $1289 – the price when you initially posted the link. Maybe I should sell now.[/quote]
Thread Hijack…
You know. Something I just noticed…You purchase via credit card and don’t take delivery for a few months because it’s backlogged right? Did they actually already charge your card yet?….Anyway, you know you can return it 7 days after receiving it right?
You know where I’m going with this…This is sort of like a hedge against this coin depreciating at least for a few weeks/month….Let’s just say you purchase a few of these coins and charge it on your CC at $1200 a pop. I don’t think they bill you until the order actually ships. If it’s backlogged for a few weeks or months, and lets say the price of the coin goes up, you’re good. If it comes falling down before your order, you cancel the order (depreciation hedge #1). If the price falls and the order gets filled, your CC gets charged ,but the mint allows you return it within 7 days of receiving it (depreciation hedge #2)….
Granted you just bought 1 coin. But if you bought a 10,20,30….Hmmmmm……Heh….Not suggesting anyone do this….really…
June 11, 2009 at 3:40 PM #414297CoronitaParticipant[quote=pabloesqobar][quote=flu]
Holy crap. Did the cost of that golden eagle just go up. I swear it was around $1200 last time i checked. Now I’m seeing it’s around $1337.Maybe my memory serves me wrong.[/quote]
You’re right, I just checked and now the price is $1339. I got in at $1289 – the price when you initially posted the link. Maybe I should sell now.[/quote]
Thread Hijack…
You know. Something I just noticed…You purchase via credit card and don’t take delivery for a few months because it’s backlogged right? Did they actually already charge your card yet?….Anyway, you know you can return it 7 days after receiving it right?
You know where I’m going with this…This is sort of like a hedge against this coin depreciating at least for a few weeks/month….Let’s just say you purchase a few of these coins and charge it on your CC at $1200 a pop. I don’t think they bill you until the order actually ships. If it’s backlogged for a few weeks or months, and lets say the price of the coin goes up, you’re good. If it comes falling down before your order, you cancel the order (depreciation hedge #1). If the price falls and the order gets filled, your CC gets charged ,but the mint allows you return it within 7 days of receiving it (depreciation hedge #2)….
Granted you just bought 1 coin. But if you bought a 10,20,30….Hmmmmm……Heh….Not suggesting anyone do this….really…
June 11, 2009 at 3:40 PM #414551CoronitaParticipant[quote=pabloesqobar][quote=flu]
Holy crap. Did the cost of that golden eagle just go up. I swear it was around $1200 last time i checked. Now I’m seeing it’s around $1337.Maybe my memory serves me wrong.[/quote]
You’re right, I just checked and now the price is $1339. I got in at $1289 – the price when you initially posted the link. Maybe I should sell now.[/quote]
Thread Hijack…
You know. Something I just noticed…You purchase via credit card and don’t take delivery for a few months because it’s backlogged right? Did they actually already charge your card yet?….Anyway, you know you can return it 7 days after receiving it right?
You know where I’m going with this…This is sort of like a hedge against this coin depreciating at least for a few weeks/month….Let’s just say you purchase a few of these coins and charge it on your CC at $1200 a pop. I don’t think they bill you until the order actually ships. If it’s backlogged for a few weeks or months, and lets say the price of the coin goes up, you’re good. If it comes falling down before your order, you cancel the order (depreciation hedge #1). If the price falls and the order gets filled, your CC gets charged ,but the mint allows you return it within 7 days of receiving it (depreciation hedge #2)….
Granted you just bought 1 coin. But if you bought a 10,20,30….Hmmmmm……Heh….Not suggesting anyone do this….really…
June 11, 2009 at 3:40 PM #414618CoronitaParticipant[quote=pabloesqobar][quote=flu]
Holy crap. Did the cost of that golden eagle just go up. I swear it was around $1200 last time i checked. Now I’m seeing it’s around $1337.Maybe my memory serves me wrong.[/quote]
You’re right, I just checked and now the price is $1339. I got in at $1289 – the price when you initially posted the link. Maybe I should sell now.[/quote]
Thread Hijack…
You know. Something I just noticed…You purchase via credit card and don’t take delivery for a few months because it’s backlogged right? Did they actually already charge your card yet?….Anyway, you know you can return it 7 days after receiving it right?
You know where I’m going with this…This is sort of like a hedge against this coin depreciating at least for a few weeks/month….Let’s just say you purchase a few of these coins and charge it on your CC at $1200 a pop. I don’t think they bill you until the order actually ships. If it’s backlogged for a few weeks or months, and lets say the price of the coin goes up, you’re good. If it comes falling down before your order, you cancel the order (depreciation hedge #1). If the price falls and the order gets filled, your CC gets charged ,but the mint allows you return it within 7 days of receiving it (depreciation hedge #2)….
Granted you just bought 1 coin. But if you bought a 10,20,30….Hmmmmm……Heh….Not suggesting anyone do this….really…
June 11, 2009 at 3:40 PM #414773CoronitaParticipant[quote=pabloesqobar][quote=flu]
Holy crap. Did the cost of that golden eagle just go up. I swear it was around $1200 last time i checked. Now I’m seeing it’s around $1337.Maybe my memory serves me wrong.[/quote]
You’re right, I just checked and now the price is $1339. I got in at $1289 – the price when you initially posted the link. Maybe I should sell now.[/quote]
Thread Hijack…
You know. Something I just noticed…You purchase via credit card and don’t take delivery for a few months because it’s backlogged right? Did they actually already charge your card yet?….Anyway, you know you can return it 7 days after receiving it right?
You know where I’m going with this…This is sort of like a hedge against this coin depreciating at least for a few weeks/month….Let’s just say you purchase a few of these coins and charge it on your CC at $1200 a pop. I don’t think they bill you until the order actually ships. If it’s backlogged for a few weeks or months, and lets say the price of the coin goes up, you’re good. If it comes falling down before your order, you cancel the order (depreciation hedge #1). If the price falls and the order gets filled, your CC gets charged ,but the mint allows you return it within 7 days of receiving it (depreciation hedge #2)….
Granted you just bought 1 coin. But if you bought a 10,20,30….Hmmmmm……Heh….Not suggesting anyone do this….really…
March 25, 2011 at 5:16 PM #680964PCinSD
GuestSo far it appears the price has more than doubled on that coin. The going price is a little over $2500. Too bad I didn’t foresee those results back then. I would’ve bought a hundred of them. That would’ve been a nice, albeit risky, short term call. But, with just the one coin, I’ll hang on to it and it will go to someone when I die. In any event, thanks for the tip Flu.
March 25, 2011 at 5:16 PM #681018GuestSo far it appears the price has more than doubled on that coin. The going price is a little over $2500. Too bad I didn’t foresee those results back then. I would’ve bought a hundred of them. That would’ve been a nice, albeit risky, short term call. But, with just the one coin, I’ll hang on to it and it will go to someone when I die. In any event, thanks for the tip Flu.
March 25, 2011 at 5:16 PM #681633GuestSo far it appears the price has more than doubled on that coin. The going price is a little over $2500. Too bad I didn’t foresee those results back then. I would’ve bought a hundred of them. That would’ve been a nice, albeit risky, short term call. But, with just the one coin, I’ll hang on to it and it will go to someone when I die. In any event, thanks for the tip Flu.
March 25, 2011 at 5:16 PM #681771GuestSo far it appears the price has more than doubled on that coin. The going price is a little over $2500. Too bad I didn’t foresee those results back then. I would’ve bought a hundred of them. That would’ve been a nice, albeit risky, short term call. But, with just the one coin, I’ll hang on to it and it will go to someone when I die. In any event, thanks for the tip Flu.
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