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#6447499 - 04/26/12 06:14 PM Re: Price of silver [Re: T LEE]
Bigbuck215 Offline
Campfire 'Bwana

Registered: 04/26/06
Posts: 10486
Loc: Billings, Mt and proud of it ...
Originally Posted By: T LEE
But ya gotta ship it Priority Mail in a flat rate box!!!!! smile smile


Just melt it and pour it in. That oughta work!
_________________________
The Mayans had it right. If you’re going to predict the future, it’s best to aim far beyond your life expectancy, lest you wind up red-faced in a bunker overstocked with Spam and ammo.



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#6447505 - 04/26/12 06:15 PM Re: Price of silver [Re: Bigbuck215]
T LEE Offline
Campfire Oracle

Registered: 02/20/01
Posts: 65584
Loc: Punta Gorda, FL
_________________________
"Life isn't about surviving the storm. . . it's about dancing in the rain."

"Any that would give up a little liberty to gain a little security will deserve neither and lose both"

Rectum hell, dang near kilt em!

Old cat turd!



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#6447597 - 04/26/12 06:36 PM Re: Price of silver [Re: eh76]
mike762 Offline
Campfire Tracker

Registered: 07/15/07
Posts: 6416
Sure Kieth, as long as the debt is at a fixed rate, FRN$'s are fine. The problem is that FRN$'s are subject to unlimited creation, so saving in them and expecting them to hold value through time, which is one of the three major functions of money, is a fools hope at best, and financial suicide at worst. Precious metals have proven that they hold value through time and are thus the best form of savings available, especially in these times of unlimited "Quantitative Easing" by the monetary authorities.
_________________________
If the American People allow private banks to control the issuance of their currency, first by inflation, then by deflation, the banks..., will deprive the People of all their Property,...Thomas Jefferson

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#6447605 - 04/26/12 06:38 PM Re: Price of silver [Re: mike762]
eh76 Online   mad
Campfire Oracle

Registered: 12/17/06
Posts: 40043
Loc: Edge of Paradise, Wyo
Originally Posted By: mike762
Sure Kieth, as long as the debt is at a fixed rate, FRN$'s are fine. The problem is that FRN$'s are subject to unlimited creation, so saving in them and expecting them to hold value through time, which is one of the three major functions of money, is a fools hope at best, and financial suicide at worst. Precious metals have proven that they hold value through time and are thus the best form of savings available, especially in these times of unlimited "Quantitative Easing" by the monetary authorities.


At this point, and no matters what happens, my mortgage is fixed at xxx FRN's per month. I am spending them as fast as I can on that mortgage wink
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Originally Posted By: BrentD
Let's get it right. I believe .gov can do that.

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#6447641 - 04/26/12 06:47 PM Re: Price of silver [Re: eh76]
mike762 Offline
Campfire Tracker

Registered: 07/15/07
Posts: 6416
Very true, unless the banks decide to approach .gov to make them whole for inflation.

IOW, if your fixed rate at 4% for 15 is a bargain when actual inflation is 10-20% because of unlimited FRN$ creation, and the banks, who essentially own .gov, approach them and convince them that the contract that you signed at 4% is unfair and needs renegotiation to reflect current inflation rates, then I would expect .gov to force a renegotiation regardless of contract law, especially as it seems to be rather "flexible" of late.

Crazy? Maybe; but after GM, Chrysler, MF Global et al, I wouldn't count any contract as solid.
_________________________
If the American People allow private banks to control the issuance of their currency, first by inflation, then by deflation, the banks..., will deprive the People of all their Property,...Thomas Jefferson

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#6447645 - 04/26/12 06:49 PM Re: Price of silver [Re: mike762]
eh76 Online   mad
Campfire Oracle

Registered: 12/17/06
Posts: 40043
Loc: Edge of Paradise, Wyo
Yeah but I will have it paid off in 3 years at triple payments.
_________________________
Originally Posted By: BrentD
Let's get it right. I believe .gov can do that.

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#6447664 - 04/26/12 06:55 PM Re: Price of silver [Re: eh76]
plainsman456 Offline
Campfire Ranger

Registered: 02/14/09
Posts: 2096
My friend has 17 bars like that.
His father-in-law had them in his safe when he died,as well as 4 gold $20 pieces that him and his brothers had back when they had all of those coins melted.
I put one in my back pocket just to see how it felt trying to carry one.Needless to say the belt did no good.

OH,silver bullets are only good for werewolves.


Edited by plainsman456 (04/26/12 06:56 PM)

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#6447672 - 04/26/12 06:57 PM Re: Price of silver [Re: eh76]
mike762 Offline
Campfire Tracker

Registered: 07/15/07
Posts: 6416
Good on ya. I hope to pay mine off in six.
_________________________
If the American People allow private banks to control the issuance of their currency, first by inflation, then by deflation, the banks..., will deprive the People of all their Property,...Thomas Jefferson

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#6447685 - 04/26/12 06:59 PM Re: Price of silver [Re: eh76]
EthanEdwards Offline
Campfire Oracle

Registered: 11/04/05
Posts: 28707
Loc: Four States
Originally Posted By: eh76
Yeah but I will have it paid off in 3 years at triple payments.
Wow, that's pretty impressive. Hard to do.
_________________________
Front Toward Enemy

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#6447705 - 04/26/12 07:02 PM Re: Price of silver [Re: EthanEdwards]
eh76 Online   mad
Campfire Oracle

Registered: 12/17/06
Posts: 40043
Loc: Edge of Paradise, Wyo
Not feeding kids anymore and no other debt....makes it easier. We live comfortable but conservatively.
_________________________
Originally Posted By: BrentD
Let's get it right. I believe .gov can do that.

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