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Dannydoyle Eternal Order 21219 Posts |
Quote:
On 2011-08-03 18:40, Payne wrote: You explained the problem with the phrase "Glenn Beck listeners" quite well. Can't save everyone!
Danny Doyle
<BR>Semper Occultus <BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell |
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tommy Eternal Order Devil's Island 16544 Posts |
Despite the the fact that I stepped into the market and bought an once at 1776 amazingly gold as continued to tumble to -1756.
Has Gaddafi sold his gold or what?
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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ed rhodes Inner circle Rhode Island 2885 Posts |
Maybe it will recover. For your sake, I hope so. But nothing keeps going up forever.
"...and if you're too afraid of goin' astray, you won't go anywhere." - Granny Weatherwax
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tommy Eternal Order Devil's Island 16544 Posts |
If only it was true that nothing goes up forever. The truth is everything real never stops going up in price. $0.04 in the year 1774 has the same "purchase power" as a $1 today. The value of money never stops going down:
After the gold price dropping 10% in 3 days my gold is now only; Up 8% in the last 30 days, Up only 25% in the last 6 month and Up only 40% in the last 12 months. That last ounce I bought for $1776 is now: $1791.46 +16.11 (+0.91%) Aug 26, 2011 04:13 AM EST 4PM CLOSE:1775.35 +16.08 The system as we have seen is very volatile lately with massive daily swings up and down. When we see daily gold swings up and down of $100+ it is a warning that the system is going to crash soon. Someone remarked; Greece has about a 10% of going down soon and if it does or something like it happens, then there is telling how high gold will go. Maybe $2500 before Christmas. Anyone that bought at the record high of 1910 will not lose money as it is certain to go higher than that in the next 12 months and probably much sooner. Whatever the case may be real things are going up in price quickly. Helicopter Ben is with all the central bank boys at the Jackson Hole fed symposium and he will speak today. I hope for your sake that he does not say he is about to print more dollars.
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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LobowolfXXX Inner circle La Famiglia 1196 Posts |
Quote:
On 2011-08-26 04:30, tommy wrote: That little?!
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley. "...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us." |
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tommy Eternal Order Devil's Island 16544 Posts |
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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landmark Inner circle within a triangle 5194 Posts |
Since I remember five cent candy bars and fifteen cent pizza slices, a mere 25x inflation rate since 1774 seems doubtful. In the 19th century, one dollar bought the best seat in the house for a major theater star. The equivalent now is 200x that. Of course, you could point to the declining costs of electronics and the like. It's a very difficult comparison to make.
Click here to get Gerald Deutsch's Perverse Magic: The First Sixteen Years
All proceeds to Open Heart Magic charity. |
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Pakar Ilusi Inner circle 5777 Posts |
Quote:
On 2011-08-24 12:24, critter wrote: This one.
"Dreams aren't a matter of Chance but a matter of Choice." -DC-
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LobowolfXXX Inner circle La Famiglia 1196 Posts |
Also, the average house has gone up about 14x in the last 50 or so years...I have a hard time believing it's only 25x in the last 237.
"Torture doesn't work" lol
Guess they forgot to tell Bill Buckley. "...as we reason and love, we are able to hope. And hope enables us to resist those things that would enslave us." |
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ed rhodes Inner circle Rhode Island 2885 Posts |
Quote:
On 2011-08-26 04:30, tommy wrote: Of course. I was talking about things that are "profitable," expenses always continue to go up.
"...and if you're too afraid of goin' astray, you won't go anywhere." - Granny Weatherwax
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landmark Inner circle within a triangle 5194 Posts |
The measure of comparison that makes the most sense to me is to ask what an hour's worth of unskilled work makes a worker. But even that is not very reliable.
Click here to get Gerald Deutsch's Perverse Magic: The First Sixteen Years
All proceeds to Open Heart Magic charity. |
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Salguod Nairb Room 101 0 Posts |
This reminds me of the Y2K fiasco. Everyone was filling their bath tubs with water and digging in. The only thing I did was buy an extra box of ammunition. New Years Eve 1999 I went to a casino.
We shall meet in the place where there is no darkness...
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critter Inner circle Spokane, WA 2653 Posts |
Quote:
On 2011-08-26 11:58, Salguod Nairb wrote: With ammunition?
"The fool is one who doesn't know what you have just found out."
~Will Rogers |
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Whit Haydn V.I.P. 5449 Posts |
Quote:
On 2011-08-26 12:25, critter wrote: Wow! Great plan. Wish I had thought of it. You go to the casinos cause that's where the money is... |
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Salguod Nairb Room 101 0 Posts |
No... didn't go to the casino with ammunition that would be illegal. I left the gun in the car.
We shall meet in the place where there is no darkness...
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landmark Inner circle within a triangle 5194 Posts |
Quote:
On 2011-08-26 11:43, landmark wrote: Meant to write "what an hour's worth of unskilled work buys a worker . . ."
Click here to get Gerald Deutsch's Perverse Magic: The First Sixteen Years
All proceeds to Open Heart Magic charity. |
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tommy Eternal Order Devil's Island 16544 Posts |
$1826.58
+51.23 (+2.89%) Aug 26, 2011 04:57 PM EST 4PM CLOSE:1775.35 +16.08 That was an easy $50. Wonder if it will be 1900+ again by this tomorrow?
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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critter Inner circle Spokane, WA 2653 Posts |
Everybody who's working the odds here for the event of society's potential collapse, make note of who has the gold and who has the ammunition.
"The fool is one who doesn't know what you have just found out."
~Will Rogers |
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tommy Eternal Order Devil's Island 16544 Posts |
If there is a single truth about Magic, it is that nothing on earth so efficiently evades it.
Tommy |
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gdw Inner circle 4884 Posts |
Going up again.
"You may say I'm a dreamer, but I'm not the only one."
I won't forget you Robert. |
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