[sobmaz]

On another note, in the future, you should have the tenant sign a document stating that he has received a copy of the HOA rules and regulations and agrees to abide by them and if any fines result from tenant violating the HOA bylaws, the tenant will be held liable for the fines.

[sobmaz]

Obviously you and your friend are HOA newbies because anyone with any HOA dealings would laugh at your question.

But for you, I know this is a serious question and I would estimate that your landlord friend would be held responsible for tenant fines by about 99.999999% of the HOAs in existence.

Just another reason why landlording is not for the faint of heart.

[sobmaz]

Makes you want to put your savings under the mattress so no one knows how much you saved!!

Oh wait, it might burn in a house fire, better put it in a safe deposit box.

Oh wait, it is illegal to put cash into a safe deposit box.

Well I guess it doesn’t matter either way because its value would inflate away over time, so you MUST keep it on deposit somewhere.

On the other hand, if you save in Gold, no one knows what you have and it retains value.

Oh, but Gold is a dead asset, it pays no interest!

Gold does not need to pay interest as it is not a depreciating asset as a dollar is.

Just keep in mind that in the late sixties 20 ounces of gold was the equivalent of the Dow Jones industrial average.

Today the Dow is worth about 9 ounces of gold. So in 1960s if you had chosen 20 ounces of gold you’d have 28k and if you had chosen the Dow you’d have 13000.

Sounds like Gold was the better deal to me.

Oh wait, don’t forget that over the years the Dow was manipulated. Companies that fell in value were removed and replaced. Xerox was an example as was now defunct AMC motors. If the original Dow 30 was still in place it would be worth only a couple K.

It is true that the Dow stocks pay dividends and that needs to be put into the calculation and at the very most makes the manipulated Dow issue mute in comparison to Gold.

So the choice is to have numbers on a statement that are subject to Government inflation and confiscation or a chunk of Gold “that you can’t eat”.

It is true you can’t eat Gold but you can trade it for a thousand loafs of bread!

.

[sobmaz]

Makes you want to put your savings under the mattress so no one knows how much you saved!!

Oh wait, it might burn in a house fire, better put it in a safe deposit box.

Oh wait, it is illegal to put cash into a safe deposit box.

Well I guess it doesn’t matter either way because its value would inflate away over time, so you MUST keep it on deposit somewhere.

On the other hand, if you save in Gold, no one knows what you have and it retains value.

Oh, but Gold is a dead asset, it pays no interest!

Gold does not need to pay interest as it is not a depreciating asset as a dollar is.

Just keep in mind that in the late sixties 20 ounces of gold was the equivalent of the Dow Jones industrial average.

Today the Dow is worth about 9 ounces of gold. So in 1960s if you had chosen 20 ounces of gold you’d have 28k and if you had chosen the Dow you’d have 13000.

Sounds like Gold was the better deal to me.

Oh wait, don’t forget that over the years the Dow was manipulated. Companies that fell in value were removed and replaced. Xerox was an example as was now defunct AMC motors. If the original Dow 30 was still in place it would be worth only a couple K.

It is true that the Dow stocks pay dividends and that needs to be put into the calculation and at the very most makes the manipulated Dow issue mute in comparison to Gold.

So the choice is to have numbers on a statement that are subject to Government inflation and confiscation or a chunk of Gold “that you can’t eat”.

It is true you can’t eat Gold but you can trade it for a thousand loafs of bread!

.

[sobmaz]

Makes you want to put your savings under the mattress so no one knows how much you saved!!

Oh wait, it might burn in a house fire, better put it in a safe deposit box.

Oh wait, it is illegal to put cash into a safe deposit box.

Well I guess it doesn’t matter either way because its value would inflate away over time, so you MUST keep it on deposit somewhere.

On the other hand, if you save in Gold, no one knows what you have and it retains value.

Oh, but Gold is a dead asset, it pays no interest!

Gold does not need to pay interest as it is not a depreciating asset as a dollar is.

Just keep in mind that in the late sixties 20 ounces of gold was the equivalent of the Dow Jones industrial average.

Today the Dow is worth about 9 ounces of gold. So in 1960s if you had chosen 20 ounces of gold you’d have 28k and if you had chosen the Dow you’d have 13000.

Sounds like Gold was the better deal to me.

Oh wait, don’t forget that over the years the Dow was manipulated. Companies that fell in value were removed and replaced. Xerox was an example as was now defunct AMC motors. If the original Dow 30 was still in place it would be worth only a couple K.

It is true that the Dow stocks pay dividends and that needs to be put into the calculation and at the very most makes the manipulated Dow issue mute in comparison to Gold.

So the choice is to have numbers on a statement that are subject to Government inflation and confiscation or a chunk of Gold “that you can’t eat”.

It is true you can’t eat Gold but you can trade it for a thousand loafs of bread!

.

[sobmaz]

Makes you want to put your savings under the mattress so no one knows how much you saved!!

Oh wait, it might burn in a house fire, better put it in a safe deposit box.

Oh wait, it is illegal to put cash into a safe deposit box.

Well I guess it doesn’t matter either way because its value would inflate away over time, so you MUST keep it on deposit somewhere.

On the other hand, if you save in Gold, no one knows what you have and it retains value.

Oh, but Gold is a dead asset, it pays no interest!

Gold does not need to pay interest as it is not a depreciating asset as a dollar is.

Just keep in mind that in the late sixties 20 ounces of gold was the equivalent of the Dow Jones industrial average.

Today the Dow is worth about 9 ounces of gold. So in 1960s if you had chosen 20 ounces of gold you’d have 28k and if you had chosen the Dow you’d have 13000.

Sounds like Gold was the better deal to me.

Oh wait, don’t forget that over the years the Dow was manipulated. Companies that fell in value were removed and replaced. Xerox was an example as was now defunct AMC motors. If the original Dow 30 was still in place it would be worth only a couple K.

It is true that the Dow stocks pay dividends and that needs to be put into the calculation and at the very most makes the manipulated Dow issue mute in comparison to Gold.

So the choice is to have numbers on a statement that are subject to Government inflation and confiscation or a chunk of Gold “that you can’t eat”.

It is true you can’t eat Gold but you can trade it for a thousand loafs of bread!

.

[sobmaz]

Makes you want to put your savings under the mattress so no one knows how much you saved!!

Oh wait, it might burn in a house fire, better put it in a safe deposit box.

Oh wait, it is illegal to put cash into a safe deposit box.

Well I guess it doesn’t matter either way because its value would inflate away over time, so you MUST keep it on deposit somewhere.

On the other hand, if you save in Gold, no one knows what you have and it retains value.

Oh, but Gold is a dead asset, it pays no interest!

Gold does not need to pay interest as it is not a depreciating asset as a dollar is.

Just keep in mind that in the late sixties 20 ounces of gold was the equivalent of the Dow Jones industrial average.

Today the Dow is worth about 9 ounces of gold. So in 1960s if you had chosen 20 ounces of gold you’d have 28k and if you had chosen the Dow you’d have 13000.

Sounds like Gold was the better deal to me.

Oh wait, don’t forget that over the years the Dow was manipulated. Companies that fell in value were removed and replaced. Xerox was an example as was now defunct AMC motors. If the original Dow 30 was still in place it would be worth only a couple K.

It is true that the Dow stocks pay dividends and that needs to be put into the calculation and at the very most makes the manipulated Dow issue mute in comparison to Gold.

So the choice is to have numbers on a statement that are subject to Government inflation and confiscation or a chunk of Gold “that you can’t eat”.

It is true you can’t eat Gold but you can trade it for a thousand loafs of bread!

.

[sobmaz]

[quote=walterwhite]Breads probably bad for us anyway. Storage problems transportation, spoils. We need to grow more tubers.

Silver at 100 I understand but 142 just sounds high[/quote]

It may sound high but is it really?

Going by the simple CPI index is a faulty comparison because the Gooberment has manipulated it too many times. So how does one get a fair measure of an extreme price?

How about a gallon of gasoline? Gasoline reached 1.35 a gallon in 1980 and silver reached 49.00 which is 36.29 gallons of gas for one ounce of silver.

So 36 gallons times 4.00 a gallon is 144.00!

Now keep in mind that back in 1980 things came to a halt when the FED showed the world that the dollar was “as good as gold” when they raised rates to 18%. The FED can never again show the world that the dollar is “as good as gold”.

Also, they are predicting 5.00 + gasoline this summer.

[sobmaz]

[quote=walterwhite]Breads probably bad for us anyway. Storage problems transportation, spoils. We need to grow more tubers.

Silver at 100 I understand but 142 just sounds high[/quote]

It may sound high but is it really?

Going by the simple CPI index is a faulty comparison because the Gooberment has manipulated it too many times. So how does one get a fair measure of an extreme price?

How about a gallon of gasoline? Gasoline reached 1.35 a gallon in 1980 and silver reached 49.00 which is 36.29 gallons of gas for one ounce of silver.

So 36 gallons times 4.00 a gallon is 144.00!

Now keep in mind that back in 1980 things came to a halt when the FED showed the world that the dollar was “as good as gold” when they raised rates to 18%. The FED can never again show the world that the dollar is “as good as gold”.

Also, they are predicting 5.00 + gasoline this summer.

[sobmaz]

[quote=walterwhite]Breads probably bad for us anyway. Storage problems transportation, spoils. We need to grow more tubers.

Silver at 100 I understand but 142 just sounds high[/quote]

It may sound high but is it really?

Going by the simple CPI index is a faulty comparison because the Gooberment has manipulated it too many times. So how does one get a fair measure of an extreme price?

How about a gallon of gasoline? Gasoline reached 1.35 a gallon in 1980 and silver reached 49.00 which is 36.29 gallons of gas for one ounce of silver.

So 36 gallons times 4.00 a gallon is 144.00!

Now keep in mind that back in 1980 things came to a halt when the FED showed the world that the dollar was “as good as gold” when they raised rates to 18%. The FED can never again show the world that the dollar is “as good as gold”.

Also, they are predicting 5.00 + gasoline this summer.

[sobmaz]

[quote=walterwhite]Breads probably bad for us anyway. Storage problems transportation, spoils. We need to grow more tubers.

Silver at 100 I understand but 142 just sounds high[/quote]

It may sound high but is it really?

Going by the simple CPI index is a faulty comparison because the Gooberment has manipulated it too many times. So how does one get a fair measure of an extreme price?

How about a gallon of gasoline? Gasoline reached 1.35 a gallon in 1980 and silver reached 49.00 which is 36.29 gallons of gas for one ounce of silver.

So 36 gallons times 4.00 a gallon is 144.00!

Now keep in mind that back in 1980 things came to a halt when the FED showed the world that the dollar was “as good as gold” when they raised rates to 18%. The FED can never again show the world that the dollar is “as good as gold”.

Also, they are predicting 5.00 + gasoline this summer.

[sobmaz]

[quote=walterwhite]Breads probably bad for us anyway. Storage problems transportation, spoils. We need to grow more tubers.

Silver at 100 I understand but 142 just sounds high[/quote]

It may sound high but is it really?

Going by the simple CPI index is a faulty comparison because the Gooberment has manipulated it too many times. So how does one get a fair measure of an extreme price?

How about a gallon of gasoline? Gasoline reached 1.35 a gallon in 1980 and silver reached 49.00 which is 36.29 gallons of gas for one ounce of silver.

So 36 gallons times 4.00 a gallon is 144.00!

Now keep in mind that back in 1980 things came to a halt when the FED showed the world that the dollar was “as good as gold” when they raised rates to 18%. The FED can never again show the world that the dollar is “as good as gold”.

Also, they are predicting 5.00 + gasoline this summer.

[sobmaz]

I know many will not believe me but I put everything into the gold and silver market back in 2002. Of course back then I had less than 50K to do so.

I have always been a believer in the Gold Silver as real money thing and I remember well the 1980 run up. So when I saw metals starting to move back in 01/02, I was all in .

What brought the 1980 run up to an end was the FED bringing rates up to 18%. The FED showed the world, who needs gold and silver when the dollar will be valued as REAL MONEY AND pays interest to boot!

Fast Forward to today. There is nothing to stop the run in Gold and Silver. We have a FED that not only can’t but is unwilling to even talk about raising rates. Can’t because of the Federal Debt, won’t because they know the economy would continue with Depression 2.0.

When money can be created to bail out the mistakes of banks and our government, is it real money? Is money real if it can be created at the stroke of a key stroke and in increasing quantities?

Anything can work as money, paper, metal, rocks, salt and tree bark and all have been money in times past. What makes money money is that it is 1. easily divisible and easily transported and 2. the biggie, it must be limited in supply. The most important quality just happens to be missing from our current monetary system, it is not limited and is in fact very easy to come by for the big powers.

That said, the Fed meeting is Weds and the metals have been screaming. My experience in the Gold sector is flashing a warning of a looming correction. Only a correction but corrections can feel like collapses if you get in at the top.

GDX refuses to set a new high despite gold and silver doing so and I have seen this before. Cramer and everyone on CNBC is pretty much saying get into gold.

Unless this time is different, a steep correction is coming into the Gold sector. The logic will be something to the effect………QE2 is coming to an end. No plans for QE3. The Fed will begin a slow increase in rates in 2012. We have a lot of problems but so does Europe and the dollar will rally sharply.

The reality is, we are in an environment where if the FED raises rates, it would squash the economy. There is so much debt that we can now only function with 0 rates. The reality is a QE3 will be forth coming late this year or early next. QE4 and 5 are in the cards.

Take advantage of the upcoming buying opportunity and be wary about buying before the FED meeting.

[sobmaz]

I know many will not believe me but I put everything into the gold and silver market back in 2002. Of course back then I had less than 50K to do so.

I have always been a believer in the Gold Silver as real money thing and I remember well the 1980 run up. So when I saw metals starting to move back in 01/02, I was all in .

What brought the 1980 run up to an end was the FED bringing rates up to 18%. The FED showed the world, who needs gold and silver when the dollar will be valued as REAL MONEY AND pays interest to boot!

Fast Forward to today. There is nothing to stop the run in Gold and Silver. We have a FED that not only can’t but is unwilling to even talk about raising rates. Can’t because of the Federal Debt, won’t because they know the economy would continue with Depression 2.0.

When money can be created to bail out the mistakes of banks and our government, is it real money? Is money real if it can be created at the stroke of a key stroke and in increasing quantities?

Anything can work as money, paper, metal, rocks, salt and tree bark and all have been money in times past. What makes money money is that it is 1. easily divisible and easily transported and 2. the biggie, it must be limited in supply. The most important quality just happens to be missing from our current monetary system, it is not limited and is in fact very easy to come by for the big powers.

That said, the Fed meeting is Weds and the metals have been screaming. My experience in the Gold sector is flashing a warning of a looming correction. Only a correction but corrections can feel like collapses if you get in at the top.

GDX refuses to set a new high despite gold and silver doing so and I have seen this before. Cramer and everyone on CNBC is pretty much saying get into gold.

Unless this time is different, a steep correction is coming into the Gold sector. The logic will be something to the effect………QE2 is coming to an end. No plans for QE3. The Fed will begin a slow increase in rates in 2012. We have a lot of problems but so does Europe and the dollar will rally sharply.

The reality is, we are in an environment where if the FED raises rates, it would squash the economy. There is so much debt that we can now only function with 0 rates. The reality is a QE3 will be forth coming late this year or early next. QE4 and 5 are in the cards.

Take advantage of the upcoming buying opportunity and be wary about buying before the FED meeting.

[sobmaz]

I know many will not believe me but I put everything into the gold and silver market back in 2002. Of course back then I had less than 50K to do so.

I have always been a believer in the Gold Silver as real money thing and I remember well the 1980 run up. So when I saw metals starting to move back in 01/02, I was all in .

What brought the 1980 run up to an end was the FED bringing rates up to 18%. The FED showed the world, who needs gold and silver when the dollar will be valued as REAL MONEY AND pays interest to boot!

Fast Forward to today. There is nothing to stop the run in Gold and Silver. We have a FED that not only can’t but is unwilling to even talk about raising rates. Can’t because of the Federal Debt, won’t because they know the economy would continue with Depression 2.0.

When money can be created to bail out the mistakes of banks and our government, is it real money? Is money real if it can be created at the stroke of a key stroke and in increasing quantities?

Anything can work as money, paper, metal, rocks, salt and tree bark and all have been money in times past. What makes money money is that it is 1. easily divisible and easily transported and 2. the biggie, it must be limited in supply. The most important quality just happens to be missing from our current monetary system, it is not limited and is in fact very easy to come by for the big powers.

That said, the Fed meeting is Weds and the metals have been screaming. My experience in the Gold sector is flashing a warning of a looming correction. Only a correction but corrections can feel like collapses if you get in at the top.

GDX refuses to set a new high despite gold and silver doing so and I have seen this before. Cramer and everyone on CNBC is pretty much saying get into gold.

Unless this time is different, a steep correction is coming into the Gold sector. The logic will be something to the effect………QE2 is coming to an end. No plans for QE3. The Fed will begin a slow increase in rates in 2012. We have a lot of problems but so does Europe and the dollar will rally sharply.

The reality is, we are in an environment where if the FED raises rates, it would squash the economy. There is so much debt that we can now only function with 0 rates. The reality is a QE3 will be forth coming late this year or early next. QE4 and 5 are in the cards.

Take advantage of the upcoming buying opportunity and be wary about buying before the FED meeting.

[Author]

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