Title: I've just bought too much Gold lately
Post by: JOE on May 30, 2023, 11:07:08 PM
Post by: JOE on May 30, 2023, 11:07:08 PM
I just get obsessed and carried away with buying the yellow stuff.
I must have spent close to $10,000 so I've decided to stop for the time being.
and it kind of makes me feel guilty like a kid who's had his hands caught in the cookie jar.
I got too wrapped up in this shit.
It's also made me realize who corrupting money, greed and wealth can be.
Unfortunately our culture teaches us to be greedy, selfish and not giving.
I'd better give something to charity like for sick or needy children to make up for my greed lately.
It's been kinda fun but at the same time perverse buying up these items I always dreamed about owning. Funny thing is, once I've had the opportunity to own/possess them now I kinda feel like getting rid of them.
Oh well, if worse comes to worse I'll just sell it since gold is always saleable, there's always a buyer as it's exchangeable for cash at any time.
I might do that in the future if I get sick of this stuff which I already have.
Title: Re: I've just bought too much Gold lately
Post by: Lokmar on May 30, 2023, 11:39:19 PM
Post by: Lokmar on May 30, 2023, 11:39:19 PM
Title: Re: I've just bought too much Gold lately
Post by: Herman on May 30, 2023, 11:42:50 PM
Post by: Herman on May 30, 2023, 11:42:50 PM
I doubt your car cost $10,000, josephine.
I doubt his entire net worth is ten grand. But, more importantly, why are we feeding a troll.
Title: Re: I've just bought too much Gold lately
Post by: Berry Sweet on May 31, 2023, 12:36:42 AM
Post by: Berry Sweet on May 31, 2023, 12:36:42 AM
Title: Re: I've just bought too much Gold lately
Post by: Herman on May 31, 2023, 12:38:57 AM
Post by: Herman on May 31, 2023, 12:38:57 AM
Me too. I have a gold chain with a gold clock hanging from it..hurts my back...I might sell it...
Joe will buy it from you with Monopoly money.
Title: Re: I've just bought too much Gold lately
Post by: Berry Sweet on May 31, 2023, 12:57:06 AM
Post by: Berry Sweet on May 31, 2023, 12:57:06 AM
Title: Re: I've just bought too much Gold lately
Post by: JOE on May 31, 2023, 01:11:04 AM
Post by: JOE on May 31, 2023, 01:11:04 AM
I doubt your car cost $10,000, josephine.
I doubt his entire net worth is ten grand. But, more importantly, why are we feeding a troll.
That's what vintage $10 gold & sovereign coins look like, Herm:
The $10 pieces are about the size of a half dollar.
They weigh about a half an ounce.
And the sovereign is about the size of a quarter/25 cent coin.
Back then, an ounce of gold was $20. Now it's $2000 US an ounce.
so that proves there has been 100% inflation since then and we have lost 99% of our purchasing power since 1914.
Y'know Herm, back in the last century over 100 years ago, my grandfather made just $10 a week. And he worked for 12 hours a day, 6 days a week 52 weeks of the year for 16 cents an hour. His total salary was about $600 a year - which was actually better than much of the typical Canadian worker who made $350-450 per year.
so it kinda makes me feel bad/guilty that I could buy up instantly, that was a week's wages for him. $10. And he busted his butt for that much money.
Back in those days only the rich people like doctors, professionals and wealthy businessmen could ever afford to own them as pocket change, eh?
I'll post other gold coins that I own too if you like, Herm.
Title: Re: I've just bought too much Gold lately
Post by: Adolf Oliver Bush on May 31, 2023, 04:39:28 AM
Post by: Adolf Oliver Bush on May 31, 2023, 04:39:28 AM
Title: Re: I've just bought too much Gold lately
Post by: JOE on May 31, 2023, 07:47:14 AM
Post by: JOE on May 31, 2023, 07:47:14 AM
Meh, if and when the financial system collapses in a screaming heap, I know something that will be worth a lot more than gold sovereigns. Way more in fact. Way way WAY more.
....what's that Ollie?
Title: Re: I've just bought too much Gold lately
Post by: Adolf Oliver Bush on May 31, 2023, 07:48:55 AM
Post by: Adolf Oliver Bush on May 31, 2023, 07:48:55 AM
Meh, if and when the financial system collapses in a screaming heap, I know something that will be worth a lot more than gold sovereigns. Way more in fact. Way way WAY more.
....what's that Ollie?
Ask your stomach. I'm sure it knows.
Title: Re: I've just bought too much Gold lately
Post by: JOE on May 31, 2023, 07:52:44 AM
Post by: JOE on May 31, 2023, 07:52:44 AM
....what's that Ollie?
Ask your stomach. I'm sure it knows.
...well then you need land to grow and store the food on right?
In which case city dwelles would be most vulnerable to a cataclysmic event.
Is that a correct interpretation of your statement?
Title: Re: I've just bought too much Gold lately
Post by: Adolf Oliver Bush on May 31, 2023, 08:27:03 AM
Post by: Adolf Oliver Bush on May 31, 2023, 08:27:03 AM
Ask your stomach. I'm sure it knows.
...well then you need land to grow and store the food on right?
In which case city dwelles would be most vulnerable to a cataclysmic event.
Is that a correct interpretation of your statement?
Ballpark, but not quite what I had in mind. But yes, cities will be a liability to survival. Most only survive now because of socialist redistribution of resources, when rural areas stop sending produce to the cities, you will likely starve unless you've made appropriate alternative arrangements.
Title: Re: I've just bought too much Gold lately
Post by: JOE on May 31, 2023, 11:08:43 AM
Post by: JOE on May 31, 2023, 11:08:43 AM
...well then you need land to grow and store the food on right?
In which case city dwelles would be most vulnerable to a cataclysmic event.
Is that a correct interpretation of your statement?
Ballpark, but not quite what I had in mind. But yes, cities will be a liability to survival. Most only survive now because of socialist redistribution of resources, when rural areas stop sending produce to the cities, you will likely starve unless you've made appropriate alternative arrangements.
actually I see your point about Gold.
that it has its limitations.
In emergency situations, it might be liquidated for quick cash or barter for goods.
However, it won't feed, clothe a person nor keep them warm at night when it gets cold outside.
It's not an end all be all investment/hedge & in hard times, even its value can easily plummet and be worth just a fraction of its initial value.
Land which can grow food or build a home on still seems like the best investment.
Title: Re: I've just bought too much Gold lately
Post by: Adolf Oliver Bush on May 31, 2023, 04:28:14 PM
Post by: Adolf Oliver Bush on May 31, 2023, 04:28:14 PM
Ballpark, but not quite what I had in mind. But yes, cities will be a liability to survival. Most only survive now because of socialist redistribution of resources, when rural areas stop sending produce to the cities, you will likely starve unless you've made appropriate alternative arrangements.
actually I see your point about Gold.
that it has its limitations.
In emergency situations, it might be liquidated for quick cash or barter for goods.
However, it won't feed, clothe a person nor keep them warm at night when it gets cold outside.
It's not an end all be all investment/hedge & in hard times, even its value can easily plummet and be worth just a fraction of its initial value.
Land which can grow food or build a home on still seems like the best investment.
The land still needs to be worked, its product prepared, processed. Persons skilled in such would be seen as useful, particularly if they enjoyed a reputation locally for being honest and diligent in their work ethic.
It should also be noted that in a breakdown such as the one you keep heralding, an overly authoritarian government may appropriate assets like land. In fact there have already been tells that this is in the wind. "You will own nothing and you will be happy" ring any bells?
Appropriating skill sets is harder, but I can see that coming too.
Title: Re: I've just bought too much Gold lately
Post by: JOE on June 04, 2023, 11:25:57 AM
Post by: JOE on June 04, 2023, 11:25:57 AM
...doesn't have a high book value, usually purchased for the gold content alone.
1/2 ounce of Gold
But it was hard to resist because these coins are difficult to find in good/decent condition.
Usually, they are improerly handled, beat up, tarnished, scratched got fingerprints all over 'em.
I suspect many are being melt down so there are fewer left all of the time.
It may rise in value some day cuz there are fewer presentable specimans left.
.
Title: Re: I've just bought too much Gold lately
Post by: Lokmar on June 04, 2023, 11:34:32 AM
Post by: Lokmar on June 04, 2023, 11:34:32 AM
1. The Cucknadian Goobermints will confiscate all your gold like they did with your guns
2. I'll show up and take all your gold by gunpoint
3. You'll try to barter with it and it'll all get taken from you cause you're softer than baby shit
Title: Re: I've just bought too much Gold lately
Post by: JOE on June 04, 2023, 11:53:51 AM
Post by: JOE on June 04, 2023, 11:53:51 AM
Damn, josephine, one of two things, I mean three things will happen to your gold when the SHTF:
1. The Cucknadian Goobermints will confiscate all your gold like they did with your guns
2. I'll show up and take all your gold by gunpoint
3. You'll try to barter with it and it'll all get taken from you cause you're softer than baby shit
I'm gonna take a break from the gold coin collecting for a while...Lokmar!
focus my collecting efforts 'n hobbies in a different, less expensive direction for a while, eh?
Collecting gold coins is expensive & it's very easy to git carried away with overpaying for them, eh Lokmar?
I got all these at a deal, in mint state a near current melt/bullion values for gold
I don't see how, cuz some of the items I bought are over 100 years old are rare.
Consider that your country produces billions of coins per year. runs of some American coins run into the hundreds of millions or sometimes billion mintage. ie - the 1 cent.
Anyways, some of these coins I bought only had 10,000 copies made in a given year.
I just bought the lower cost ones, eh? If I wanna bet the rarer years that'll take a a lotta searchin' & a bloody war chest of money...eh Lokmar?!
I reckon to complete my vintage Canadian Gold Collection, I'll need at least $50,000 US.
Some of those years are extremely rare. However, I currently don't have the budget for them. A few of them alone cost more than the amount I've spent on the entire collection up to this point so far.
Ya gotta find deals when yer a collector...Lokmar!
Otherise, ya blow yer budget fast...real fast!
Title: Re: I've just bought too much Gold lately
Post by: Shen Li on June 04, 2023, 05:10:33 PM
Post by: Shen Li on June 04, 2023, 05:10:33 PM
Damn, josephine, one of two things, I mean three things will happen to your gold when the SHTF:
1. The Cucknadian Goobermints will confiscate all your gold like they did with your guns
2. I'll show up and take all your gold by gunpoint
3. You'll try to barter with it and it'll all get taken from you cause you're softer than baby shit
I'm gonna take a break from the gold coin collecting for a while...Lokmar!
focus my collecting efforts 'n hobbies in a different, less expensive direction for a while, eh?
Collecting gold coins is expensive & it's very easy to git carried away with overpaying for them, eh Lokmar?
I got all these at a deal, in mint state a near current melt/bullion values for gold
I don't see how, cuz some of the items I bought are over 100 years old are rare.
Consider that your country produces billions of coins per year. runs of some American coins run into the hundreds of millions or sometimes billion mintage. ie - the 1 cent.
Anyways, some of these coins I bought only had 10,000 copies made in a given year.
I just bought the lower cost ones, eh? If I wanna bet the rarer years that'll take a a lotta searchin' & a bloody war chest of money...eh Lokmar?!
I reckon to complete my vintage Canadian Gold Collection, I'll need at least $50,000 US.
Some of those years are extremely rare. However, I currently don't have the budget for them. A few of them alone cost more than the amount I've spent on the entire collection up to this point so far.
Ya gotta find deals when yer a collector...Lokmar!
Otherise, ya blow yer budget fast...real fast!
Your country is a marxist hole. So, is the country to the South of you.
Title: Re: I've just bought too much Gold lately
Post by: JOE on June 04, 2023, 10:20:28 PM
Post by: JOE on June 04, 2023, 10:20:28 PM
I'm convinced that American coins collectively are probably the most expensive coins on the planet.
While an average Joe like me might be be able to collect most of the desireable vintage Canadian coins ever made for about $100,000, it'd take at least a million or more to accomplish that with American coins. Probably more like $3-5 million tho.
I probably wouldn't buy US coins because of the high US dollar/exchange rate.
Maybe a single year or some vintage set, but that's about it.
ie -
...might be a decent & affordable starter for a US collection.
There must be tons of fakes of US coins floating around so a person would have to buy it from a trusted source.
Title: Re: I've just bought too much Gold lately
Post by: Shen Li on June 04, 2023, 10:58:50 PM
Post by: Shen Li on June 04, 2023, 10:58:50 PM
Title: Re: I've just bought too much Gold lately
Post by: DKG on June 05, 2023, 09:48:48 PM
Post by: DKG on June 05, 2023, 09:48:48 PM
Canada is a marxist hole.
Title: Re: I've just bought too much Gold lately
Post by: Lokmar on June 13, 2023, 11:41:41 AM
Post by: Lokmar on June 13, 2023, 11:41:41 AM
Title: Re: I've just bought too much Gold lately
Post by: JOE on June 14, 2023, 11:18:00 PM
Post by: JOE on June 14, 2023, 11:18:00 PM
If josephine had a brain, he'd have been buying junk silver coins. You can barter with those when the SHTF.
I suppose I could....Lokmar!
I think they call that 'bulk silver'.
It's just a bunch of coins, be they US or Canadian, in very worn out condition that are sold and bought solely for their silver content.
Usually,, it's 80% or higher silver content.
I suspect what a lot of people might do is get them melted down when they have built up a sufficient quantity and have them turned into silver bars,.
Trouble is, ya gotta find a smelter you can trust.
I think my parents sent a bunch of gold to one, they declared bankruptcy and then ran off with everybody's gold. So my parents didn't get anything maybe lost upwards of $2,000.
That's why you'd try to get them in bars already made or rounds like US Gold Buffaloes weith 99.9% purity. It's already written on the gold, everyone recognizes it and so it can be sold right away for cash when you need it.
Silver pretty much the same. Trouble with silver, if the market tanks on them, silver goes down a lot more than gold. So I suspect we'll see a similar cycle repeat itself. I wouldn't doubt that silver will decline by 50% or more in a crash. Gold is more stable and doesn't decline as much.
People who are riding high on silver now, might cash in on some of their winnings while the market is good.
Title: Re: I've just bought too much Gold lately
Post by: Lokmar on June 14, 2023, 11:54:12 PM
Post by: Lokmar on June 14, 2023, 11:54:12 PM
If josephine had a brain, he'd have been buying junk silver coins. You can barter with those when the SHTF.
I suppose I could....Lokmar!
I think they call that 'bulk silver'.
It's just a bunch of coins, be they US or Canadian, in very worn out condition that are sold and bought solely for their silver content.
Usually,, it's 80% or higher silver content.
I suspect what a lot of people might do is get them melted down when they have built up a sufficient quantity and have them turned into silver bars,.
Trouble is, ya gotta find a smelter you can trust.
I think my parents sent a bunch of gold to one, they declared bankruptcy and then ran off with everybody's gold. So my parents didn't get anything maybe lost upwards of $2,000.
That's why you'd try to get them in bars already made or rounds like US Gold Buffaloes weith 99.9% purity. It's already written on the gold, everyone recognizes it and so it can be sold right away for cash when you need it.
Silver pretty much the same. Trouble with silver, if the market tanks on them, silver goes down a lot more than gold. So I suspect we'll see a similar cycle repeat itself. I wouldn't doubt that silver will decline by 50% or more in a crash. Gold is more stable and doesn't decline as much.
People who are riding high on silver now, might cash in on some of their winnings while the market is good.
NO DUMBASS!!! They're called junk silver.
NO DUMBASS!!!!!! You keep the coins in minted form, NEVER melt them!!! NEVER!!! In minted coin form, the rest of the dumbasses know you arent scamming them.
Why are you so fukin tarded josephine?
Title: Re: I've just bought too much Gold lately
Post by: JOE on June 15, 2023, 01:16:48 AM
Post by: JOE on June 15, 2023, 01:16:48 AM
NO DUMBASS!!! They're called junk silver.
NO DUMBASS!!!!!! You keep the coins in minted form, NEVER melt them!!! NEVER!!! In minted coin form, the rest of the dumbasses know you arent scamming them.
Why are you so fukin tarded josephine?
Well, I'm not too familiar with bulk or junk silver, Lokmar!
I just gotta few pieces from the change at the supermarket or gas station.
Some USA coins would interest me tho, like the 3 cent silver, made in the 19th century:
That was a cool lookin' coin, fits my budget too, not too expensive
The other is the US Gold dollar, also made in the 1800s.
Like the 3 cent piece, a cool item.
Also within my budget not too expensive. Maybe git one in decent condition for under $600.
Trouble with US coins is many of them are $20,000 and UP.
that's like the price of a car, eh?
Title: Re: I've just bought too much Gold lately
Post by: Lokmar on June 15, 2023, 10:21:13 AM
Post by: Lokmar on June 15, 2023, 10:21:13 AM
NO DUMBASS!!! They're called junk silver.
NO DUMBASS!!!!!! You keep the coins in minted form, NEVER melt them!!! NEVER!!! In minted coin form, the rest of the dumbasses know you arent scamming them.
Why are you so fukin tarded josephine?
Well, I'm not too familiar with bulk or junk silver, Lokmar!
I just gotta few pieces from the change at the supermarket or gas station.
Some USA coins would interest me tho, like the 3 cent silver, made in the 19th century:
That was a cool lookin' coin, fits my budget too, not too expensive
The other is the US Gold dollar, also made in the 1800s.
Like the 3 cent piece, a cool item.
Also within my budget not too expensive. Maybe git one in decent condition for under $600.
Trouble with US coins is many of them are $20,000 and UP.
that's like the price of a car, eh?
Yea josephine, buy some rare shit to barter with when the SHTF. Great idea. LMFAO@U!
Title: Re: I've just bought too much Gold lately
Post by: Anonymous on June 15, 2023, 01:37:12 PM
Post by: Anonymous on June 15, 2023, 01:37:12 PM
Title: Re: I've just bought too much Gold lately
Post by: Lokmar on June 15, 2023, 02:48:01 PM
Post by: Lokmar on June 15, 2023, 02:48:01 PM
I'm thinking of selling some of my gold. Just a few goblets or something.
Fill them with dirt first and sell em to josephine. He buys gold by the weight.
Title: Re: I've just bought too much Gold lately
Post by: Anonymous on June 15, 2023, 03:20:54 PM
Post by: Anonymous on June 15, 2023, 03:20:54 PM