Richard Clark wrote:
On Fri, 26 Sep 2008 15:52:20 -0500, (Richard
Harrison) wrote:

Careful. Remember "Nobody doesn`t like Sara Lee!"

Paired up with a 110 year old Pillsbury Dough Boy without any yeast?
That won't raise any bread on Wall Street.... ;-(

73's
Richard Clark, KB7QHC

Remember when a 1 oz. gold piece, worth about $20 bucks during the gold
rush, would buy a nice suit?

Guess, what? That same 1 oz. of gold would still buy a nice suit today!
-- Does that tell you anything? grin

I mean, ever hear of the term, "Being hit over the head with a frying
pan?" ROFLOL

Regards,
JS

John Smith wrote:
Remember when a 1 oz. gold piece, worth about $20 bucks during the gold
rush, would buy a nice suit?

Guess, what? That same 1 oz. of gold would still buy a nice suit today!
-- Does that tell you anything? grin

4500% inflation?
--
73, Cecil http://www.w5dxp.com
"According to the general theory of relativity,
space without ether is unthinkable." Albert Einstein

Cecil Moore wrote:

...
4500% inflation?

That, and you have to ask yourself the question, "What am I doing with
these dollars stuck in a bank, while they start up the presses to print
a trillion(s) worthless bucks?

How much value will the dollar lose?; And, will I be able to fit enough
dollars in a wheelbarrow to buy a suit? :-(

Regards,
JS

John Smith wrote:
How much value will the dollar lose?

I suspect if they were all still in silver certificates,
you might not be in all that bad of shape.
--
73, Cecil http://www.w5dxp.com
"According to the general theory of relativity,
space without ether is unthinkable." Albert Einstein

"Cecil Moore" wrote in message
...
John Smith wrote:
How much value will the dollar lose?

I suspect if they were all still in silver certificates,
you might not be in all that bad of shape.
--
73, Cecil http://www.w5dxp.com
"According to the general theory of relativity,
space without ether is unthinkable." Albert Einstein

Unless it is for the collector value, the silver certificates have not been
backed by silver for a very long time. Not sure of the date, but probably
20 or 30 years or more ago.

Ralph Mowery wrote:

...
Unless it is for the collector value, the silver certificates have not been
backed by silver for a very long time. Not sure of the date, but probably
20 or 30 years or more ago.



I have 281 of these in a small safe, I was not aware of that ... I will
have to look at that, got a link/URL?

I just took it for granted you could trust the govt. on such a serious
promissory note ("Silver IOU"), broken promises do not instill trust and
respect. I suppose the gold notes are just as worthless then?

But then, for some reason, such is not as shocking as it would have been
a few decades ago ... :-(

Regards,
JS

Cecil Moore wrote:
John Smith wrote:
How much value will the dollar lose?

I suspect if they were all still in silver certificates,
you might not be in all that bad of shape.

Silver is difficult to purchase at this point ...

A few days ago, there was not an oz. to be had, which anyone wished to
part with ... indeed, a friend of mine in the markets claims the middle
east has sucked up great quantities, and quietly, recently ...

Regards,
JS

John Smith wrote:
Silver is difficult to purchase at this point ...

How much do you need? http://www.kitcosilver.com/
--
73, Cecil http://www.w5dxp.com
"According to the general theory of relativity,
space without ether is unthinkable." Albert Einstein

Cecil Moore wrote:
John Smith wrote:
Silver is difficult to purchase at this point ...

How much do you need? http://www.kitcosilver.com/

OK, I am going to bed ... but, just spoke to "my man" ...

There are certificates of silver ... and then there is REAL silver
(i.e., the metal you hold in your hand ... not a promissory note. )

Investigate the differences ...

Regards,
JS

Cecil Moore wrote:
John Smith wrote:
How much value will the dollar lose?

I suspect if they were all still in silver certificates,
you might not be in all that bad of shape.

How do you suspect that when a $1 silver certificates was exchangeable
for $1 worth of silver?

Unless you did the exchange a REALLY long time ago, the transaction
is break even.


--
Jim Pennino

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