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sobmazParticipant
http://www.oldcoinshop.com/site/
I bought about half of my Gold and Silver from these guys, but haven’t dealt with them since 2003 however I think they are the same guys running it now.
Also, I bought half of my stuff from California Numismatic http://www.golddealer.com/ . These guys are up in LA but no one can beat the price. The Old Coin Shop above is competitive but you can save if you are buying a large quantity by taking a drive up to LA.
That said, I only bought Gold and Silver from these guys, no collectible coins so my recommendation is only about Silver and Gold. Always got what I expected, no tricks.
sobmazParticipantSo you must be of the mind that the 90 trillion in liablities the u.s.faces over the next 30 years (excluding budget expense) can simply be printed by sawing down a few trees and adding some ink?
Gee, what will a dollar buy when there are 90 trillion more of them in 30 years versus an ounce of gold in 30 years when there is maybe 60% more gold?
sobmazParticipantSo you must be of the mind that the 90 trillion in liablities the u.s.faces over the next 30 years (excluding budget expense) can simply be printed by sawing down a few trees and adding some ink?
Gee, what will a dollar buy when there are 90 trillion more of them in 30 years versus an ounce of gold in 30 years when there is maybe 60% more gold?
sobmazParticipantSo you must be of the mind that the 90 trillion in liablities the u.s.faces over the next 30 years (excluding budget expense) can simply be printed by sawing down a few trees and adding some ink?
Gee, what will a dollar buy when there are 90 trillion more of them in 30 years versus an ounce of gold in 30 years when there is maybe 60% more gold?
sobmazParticipantSo you must be of the mind that the 90 trillion in liablities the u.s.faces over the next 30 years (excluding budget expense) can simply be printed by sawing down a few trees and adding some ink?
Gee, what will a dollar buy when there are 90 trillion more of them in 30 years versus an ounce of gold in 30 years when there is maybe 60% more gold?
sobmazParticipantSo you must be of the mind that the 90 trillion in liablities the u.s.faces over the next 30 years (excluding budget expense) can simply be printed by sawing down a few trees and adding some ink?
Gee, what will a dollar buy when there are 90 trillion more of them in 30 years versus an ounce of gold in 30 years when there is maybe 60% more gold?
sobmazParticipantwhere do you get that rate?
Everywhere I look they can be had for 5.35%
sobmazParticipantwhere do you get that rate?
Everywhere I look they can be had for 5.35%
sobmazParticipantwhere do you get that rate?
Everywhere I look they can be had for 5.35%
sobmazParticipantwhere do you get that rate?
Everywhere I look they can be had for 5.35%
sobmazParticipantwhere do you get that rate?
Everywhere I look they can be had for 5.35%
sobmazParticipantGold will tell you what to do.
If Gold sets a new high, above 1045, it means inflation is on the way. If that is the case, borrow all that you can at 5% because inflation will take care of what you REALLY owe.
Someone pointed out deflationists and inflationists both have good arguments, which is true….but what does your common sense tell you?
My commonsense says that if the Gooberment prints trillions, borrows additional trillions, there is a problem. If the u.s. ends up with a 20 trillion national debt, (now forecasted in four more years) and 30 year rates go to 6% (very low historically so highly probable) then the interest on the debt would be 1.2 trillion a year or HALF of federal tax receipts!
Common sense says the only thing that will bail out the federal government is inflation. Common sense says if unemployment is high, millions of people are not producing. If millions are not producing that means fewer goods and services. If the Fed is printing and there is more money going after fewer goods and services that would be highly inflationary.
The deflationists claim that excess labor will keep inflation at bay. Well, NEWS FLASH, we have had one other inflationary period, 70’s and 80’s, DOES ANYONE CARE TO LOOK AT THE UNEMPLOYMENT RATE DURING THAT PERIOD?
sobmazParticipantGold will tell you what to do.
If Gold sets a new high, above 1045, it means inflation is on the way. If that is the case, borrow all that you can at 5% because inflation will take care of what you REALLY owe.
Someone pointed out deflationists and inflationists both have good arguments, which is true….but what does your common sense tell you?
My commonsense says that if the Gooberment prints trillions, borrows additional trillions, there is a problem. If the u.s. ends up with a 20 trillion national debt, (now forecasted in four more years) and 30 year rates go to 6% (very low historically so highly probable) then the interest on the debt would be 1.2 trillion a year or HALF of federal tax receipts!
Common sense says the only thing that will bail out the federal government is inflation. Common sense says if unemployment is high, millions of people are not producing. If millions are not producing that means fewer goods and services. If the Fed is printing and there is more money going after fewer goods and services that would be highly inflationary.
The deflationists claim that excess labor will keep inflation at bay. Well, NEWS FLASH, we have had one other inflationary period, 70’s and 80’s, DOES ANYONE CARE TO LOOK AT THE UNEMPLOYMENT RATE DURING THAT PERIOD?
sobmazParticipantGold will tell you what to do.
If Gold sets a new high, above 1045, it means inflation is on the way. If that is the case, borrow all that you can at 5% because inflation will take care of what you REALLY owe.
Someone pointed out deflationists and inflationists both have good arguments, which is true….but what does your common sense tell you?
My commonsense says that if the Gooberment prints trillions, borrows additional trillions, there is a problem. If the u.s. ends up with a 20 trillion national debt, (now forecasted in four more years) and 30 year rates go to 6% (very low historically so highly probable) then the interest on the debt would be 1.2 trillion a year or HALF of federal tax receipts!
Common sense says the only thing that will bail out the federal government is inflation. Common sense says if unemployment is high, millions of people are not producing. If millions are not producing that means fewer goods and services. If the Fed is printing and there is more money going after fewer goods and services that would be highly inflationary.
The deflationists claim that excess labor will keep inflation at bay. Well, NEWS FLASH, we have had one other inflationary period, 70’s and 80’s, DOES ANYONE CARE TO LOOK AT THE UNEMPLOYMENT RATE DURING THAT PERIOD?
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