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Is it really wise to own gold?
Vanity | March 31, 2010 | William of Barsoom

Posted on 03/31/2010 8:23:49 AM PDT by William of Barsoom

Is it really wise to own gold? The government has banned it twice before -- if I have my facts right. It could be simply confiscated or driven underground. It could become especially heavily taxed. These things could happen on very short notice -- "Stroke of the pen, Law of The Land... Kinda cool," as was said by R.E.

Kinda scary, too... That they think that fast and loose.

So, what about the probability of a general confiscation of gold precisely to prevent anybody from having a port in the storm, and forcing us all into a common and vulnerable boat?

I met a guy once who thought about this, and purchased many crates of bars of soap. He thought to use it as barter-money, "because people always want to be able to get clean." Soap is fungible. Each element of it is cheap, unlike a $1,000 coin -- where are you gonna "break" such a coin for a tank of gas? Ammo is fussy as a barter medium. Too many kinds. It seems to me that barter "money" ought to consist of cheap and universally useful "things."


TOPICS: Business/Economy; Chit/Chat; Conspiracy; Miscellaneous
KEYWORDS: confiscation; economy; gold
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To: William of Barsoom

Buy what the wealthy buy - “Collector Coins” and not bullion, maple leafs, or Krugerrands.

ST. Gaudin (Spelling?) are (or were) protected in earlier seizure of gold.


41 posted on 03/31/2010 9:45:30 AM PDT by jongaltsr (It)
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To: ArrogantBustard

Musket balls!

I went to Hunter Safety Class last fall, and they brought in a bunch of replica black-powder guns (we didn’t get to shoot them, just look at them). I just loved the wheel-lock - it’s like a Zippo that shoots.


42 posted on 03/31/2010 9:48:08 AM PDT by nina0113
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To: William of Barsoom

Well, son, in thess pahrts, we all done buried it in ouhr back yahds after the wahr.


43 posted on 03/31/2010 9:51:13 AM PDT by MrChips (MrChips)
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To: DCBryan1

“buy lots of lead...”

Can be bartered for gold.


44 posted on 03/31/2010 9:52:11 AM PDT by GGpaX4DumpedTea (I am a tea party descendant - steeped in the Constitutional legacy handed down by the Founders)
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To: William of Barsoom

Rahm Emanuel didn’t say “Stroke of the pen...” It was Paul Begala, pro-abortion Catholic in the Clinton administration.


45 posted on 03/31/2010 9:52:19 AM PDT by Arthur McGowan (In Edward Kennedy's America, federal funding of brothels is a right, not a privilege.)
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To: William of Barsoom

Rahm Emanuel didn’t say “Stroke of the pen...” It was Paul Begala, pro-abortion Catholic in the Clinton administration.


46 posted on 03/31/2010 9:52:29 AM PDT by Arthur McGowan (In Edward Kennedy's America, federal funding of brothels is a right, not a privilege.)
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To: goseminoles

Wishing something would go away has not historically worked out well.

Preparation for the obvious is a more intelligent response.


47 posted on 03/31/2010 9:54:54 AM PDT by MrEdd (Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
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To: Arthur McGowan

Thank you. I stand corrected. I knew it was then, but confused the “who” of it.


48 posted on 03/31/2010 9:56:07 AM PDT by William of Barsoom (In Omnia, Paratus)
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To: ArrogantBustard

“None of my reloading manuals has data for silver bullets.

I guess we’re on our own working up loads.”

Watch a Lone Ranger movie and see if his gun bellows out smoke. You would know then if he used black powder. I’d nearly top off a case with Goex FFF and press the silver bullet in to the crimping groove.


49 posted on 03/31/2010 9:58:48 AM PDT by TexasRepublic (Socialism is the gospel of envy and the religion of thieves)
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To: MrChips
Well, son, in thess pahrts, we all done buried it in ouhr back yahds after the wahr.

During, surely, so's the bluebellies wouldn't steal it.

50 posted on 03/31/2010 10:03:43 AM PDT by nina0113
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To: nina0113
"Bricks of coffee. Pints of whiskey. Safety pins."

Sell your gold, buy junk silver (quarters, dimes, etc). More "spendable" than trying to cash a 1 oz. gold coin at today's prices. 1/10 oz gold is available, which would help somewhat, if you wanted to stay with gold.

51 posted on 03/31/2010 11:09:16 AM PDT by redhead (ROC & ROLL: Restore Our Constitution--Restore Our Lost Liberties! --Gunslinger)
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To: The Great RJ

Author Pat Frank, who wrote the nuclear war novel “Alas Babylon”, later wrote a manual for surviving in a barter economy. He observed that,

“The day may come when a pound of tobacco is worth more than a pound of gold.”

Food for thought?


52 posted on 03/31/2010 11:27:31 AM PDT by elcid1970 ("O Muslim! My bullets are dipped in pig grease!")
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To: nina0113

Well, it was more worrisome to deahl with them cahrpetbahggers.


53 posted on 03/31/2010 12:01:34 PM PDT by MrChips (MrChips)
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To: elcid1970
how long can coffee in a vaccum can last?...I don't drink the stuff but it seems its value would go up since so many do...

if we go further into crisis I think it'll be the extras that will make life better...the olives, the spices, the herbs, the liquor, etc...things that may not be essential but are very enjoyable...

54 posted on 03/31/2010 12:14:55 PM PDT by cherry
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To: ArrogantBustard

Some years ago, one of the gun mags had an article about silver bullets. They cast some silver bullets and shot them.

My vague recollections: Not too good results, harder than lead, trouble cutting sprue, maybe didn’t fill out the bore, not sure if they came out of the mold at the right size. Accuracy suffered.

“Perhaps this will identify me.”


55 posted on 03/31/2010 1:41:15 PM PDT by Scrambler Bob (If you could read my mind ... just count up the felonies!)
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To: MrChips

What do you think we fertilized the back forty with?


56 posted on 03/31/2010 1:41:34 PM PDT by nina0113
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To: cherry
how long can coffee in a vaccum can last?...I don't drink the stuff but it seems its value would go up since so many do...

You can buy it in vacuum-packed foil-bagged bricks. I have a few extra, I keep meaning to round up to a dozen which I think would last a year.

57 posted on 03/31/2010 1:44:38 PM PDT by nina0113
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To: Scrambler Bob

Found a link

http://www.hurog.com/books/silver/silverbullet2.shtml


58 posted on 03/31/2010 1:44:48 PM PDT by Scrambler Bob (If you could read my mind ... just count up the felonies!)
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To: nina0113

LOL!


59 posted on 03/31/2010 2:07:37 PM PDT by MrChips (MrChips)
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To: nina0113

LOL!


60 posted on 03/31/2010 2:08:34 PM PDT by MrChips (MrChips)
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