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Search: Posts Made By: 4AMJAVA
Forum: The Economy, Banking, Markets and Global Stocks discussion group 10-04-2013, 12:55 AM
Replies: 11
Views: 1,001
Posted By 4AMJAVA
Talking Social Security payments "shouldn't" be...

Social Security payments "shouldn't" be an issue because they are part of the mandatory (as opposed to discretionary) spending. But, it's a handy, time honored mechanism to scare the shit out of the...
Forum: Silver discussion group 10-04-2013, 12:40 AM
Replies: 53
Views: 3,919
Posted By 4AMJAVA
2007 or 2008, better hurry.

2007 or 2008, better hurry.
Forum: The Economy, Banking, Markets and Global Stocks discussion group 10-03-2013, 09:03 PM
Replies: 10
Views: 865
Posted By 4AMJAVA
Letís remove 8 zeros and pretend itís a household...

Letís remove 8 zeros and pretend itís a household budget:
Annual family income: $21,700
Money the family spent: $38,200
New debt on the credit card: $16,500
Outstanding balance on the credit card:...
Forum: The Economy, Banking, Markets and Global Stocks discussion group 10-02-2013, 07:19 PM
Replies: 17
Views: 1,435
Posted By 4AMJAVA
Broadly speaking, government spending is divided...

Broadly speaking, government spending is divided into two categories - mandatory, and discretionary. Social Security payments fall into the mandatory side. I'm no expert but it pays to learn this...
Forum: Gold discussion group 09-30-2013, 09:35 PM
Replies: 18
Views: 1,488
Posted By 4AMJAVA
What is "hoarding" anyway. Near as I...

What is "hoarding" anyway. Near as I can figure out, when I stash a few coins in the back yard, that's "hoarding", correct? (Of course, when the government piles, at one point, 20,000 metric tons and...
Forum: Gold discussion group 09-30-2013, 09:10 PM
Replies: 18
Views: 1,488
Posted By 4AMJAVA
This was an issue prior to the 12 year-in-a-row...

This was an issue prior to the 12 year-in-a-row bull market. There was the 1980 moonshot, and then for 20 years - nothing. Not even the Kuwait invasion by Iraq, all kinds of geopolitical events...
Forum: Gold discussion group 09-29-2013, 07:04 PM
Replies: 17
Views: 1,499
Posted By 4AMJAVA
Favorable Balance of trade, they simply export...

Favorable Balance of trade, they simply export more than they import. "Export, or die" as the saying goes.

For a brief time, in 1980 or thereabouts when gold hit $800 an ounce, there was more than...
Forum: Numismatic Discussion group 09-27-2013, 09:55 PM
Replies: 7
Views: 525
Posted By 4AMJAVA
Are those rare dates? New Orleans minted dollars...

Are those rare dates? New Orleans minted dollars were never particularly sharp strikes and tend to look mushy, so I wouldn't bother unless they are expensive collector coins.
Forum: Silver discussion group 09-27-2013, 12:38 PM
Replies: 42
Views: 3,040
Posted By 4AMJAVA
Pshaw. What is "hoarding"? Still a lot...

Pshaw. What is "hoarding"?

Still a lot of people who don't get it. The silver in the coin wasn't really an issue at all. Stamping a face value on them, and trying to get merchants to accept them was...
Forum: Silver discussion group 09-27-2013, 08:25 AM
Replies: 42
Views: 3,040
Posted By 4AMJAVA
The government has a monopoly on the currency, at...

The government has a monopoly on the currency, at least and especially in commerce. As has been mentioned he got into trouble when he tried to get people to spend them. It's not more complicated than...
Forum: Numismatic Discussion group 09-26-2013, 11:13 PM
Replies: 11
Views: 1,020
Posted By 4AMJAVA
Something like that - $1.25 in silver at today's...

Something like that - $1.25 in silver at today's price would be $20, no? Again direct comparisons over time are difficult, but clearly wages have stagnated for many many years. The standard of living...
Forum: Silver discussion group 09-25-2013, 06:51 PM
Replies: 17
Views: 1,373
Posted By 4AMJAVA
How long has he been in business?? Not for much...

How long has he been in business?? Not for much longer, anyway. There is a lot of misunderstanding by most folks on how shops work. They make their profit on the spread. They don't stay in business...
Forum: Numismatic Discussion group 09-22-2013, 09:15 PM
Replies: 11
Views: 1,020
Posted By 4AMJAVA
Hm, things like milk, bread, soda pop, beef,...

Hm, things like milk, bread, soda pop, beef, eggs, gasoline etc, even cars - it's not linear and sometimes tough to make direct comparisons. Ten times is close. But, see below.
For all that, some...
Forum: Numismatic Discussion group 09-22-2013, 08:48 PM
Replies: 11
Views: 1,020
Posted By 4AMJAVA
Yes and no. Minimum wage was $1.25 and prices for...

Yes and no. Minimum wage was $1.25 and prices for many things have gone up about ten times since then. Fifty bucks was serious money.
Forum: Silver discussion group 09-11-2013, 10:23 PM
Replies: 163
Views: 23,642
Posted By 4AMJAVA
Buying metals is speculation at best, no...

Buying metals is speculation at best, no different than buying Yen or Euro. It's not "investing". This is crucial to understand. Of course this speculating can be very profitable, but a great way to...
Forum: Silver discussion group 01-27-2013, 01:15 PM
Replies: 42
Views: 7,112
Posted By 4AMJAVA
The thing to remember is that the melts went on...

The thing to remember is that the melts went on from day 1, the coins would circulate till they were thin discs and severely underweight. They still had a face value but the banks would cull them and...
Forum: Silver discussion group 01-14-2013, 07:39 AM
Replies: 12
Views: 2,107
Posted By 4AMJAVA
There are other coin "wallets"...

There are other coin "wallets" available, but not in the scope of all different issues and fractional sizes, silver.

Check out what precision injection molding costs sometime, and legal counsel to...
Forum: Gold discussion group 01-10-2013, 07:27 PM
Replies: 28
Views: 2,294
Posted By 4AMJAVA
One thing that would be interesting is a type set...

One thing that would be interesting is a type set of a certain range of years including your favorites - Indian Head penny, Buffalo Nickle, Mercury Dime, Standing Liberty half, Morgan dollar, and...
Forum: Gold discussion group 01-07-2013, 07:20 AM
Replies: 22
Views: 2,383
Posted By 4AMJAVA
Gold comes close, because it is fairly close to...

Gold comes close, because it is fairly close to indestructible. Paper currencies and similar can (and were) be made valuable by fiat or edict - law of the land. They can also be made worthless by the...
Forum: Silver discussion group 01-06-2013, 11:20 PM
Replies: 12
Views: 1,085
Posted By 4AMJAVA
You can think whatever you want, but that doesn't...

You can think whatever you want, but that doesn't make it so!

Yeah, some like the idea of a "refund" because it's sort of a savings program, I get that, I really do. It just doesn't make any sense...
Forum: Silver discussion group 01-06-2013, 10:06 PM
Replies: 12
Views: 1,085
Posted By 4AMJAVA
on paper, maybe. And just about impossible to...

on paper, maybe. And just about impossible to find. There's a lot of strong hands at this point, guys that were hoovering up bars at $4 to $8, they ain't selling, no way. Maybe at three significant...
Forum: Silver discussion group 01-06-2013, 09:38 PM
Replies: 12
Views: 1,085
Posted By 4AMJAVA
You're speculating, not investing. You can make a...

You're speculating, not investing. You can make a lot of money doing this, but know what you're doing and your tolerance for risk. When markets are going up everyone thinks they have a high risk...
Forum: Gold discussion group 01-06-2013, 09:23 PM
Replies: 22
Views: 2,383
Posted By 4AMJAVA
Gold and silver have done admirably well at...

Gold and silver have done admirably well at preserving wealth and purchasing power over long periods of time. In fact, nothing else even comes close. Coins recovered or dug up from thousands of years...
Forum: The Economy, Banking, Markets and Global Stocks discussion group 01-06-2013, 08:49 PM
Replies: 37
Views: 1,321
Posted By 4AMJAVA
Kennedy was charismatic and it was fashionable...

Kennedy was charismatic and it was fashionable then as now to vote for "hip" and "cool" people, but a careful look at the silver situation in the 1950s and 1960s as well as the XO means that everyone...
Forum: Gold discussion group 01-06-2013, 06:03 PM
Replies: 22
Views: 2,383
Posted By 4AMJAVA
The most important thing here, it's clear by your...

The most important thing here, it's clear by your questions that you are doing your homework. That's a great thing. You should understand that gold and silver are a form of _currency_ or money, and...
Showing results 1 to 25 of 410

 

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