Comments on: Fool’s Gold

By: Gold Dealers

Gold Dealers — Fri, 24 Apr 2009 06:28:56 +0000

If you are looking forward to invest in gold, then the gold bar can be a best deal for you. For this you should know that the value of gold bar is indispensable.

By: Don Miguel

Don Miguel — Sat, 28 Feb 2009 23:03:44 +0000

I just wish all of these people would just quit hawking gold as an investment. It's not! It's a commodity, therefore you are speculating. Not the same thing!

By: Daniel_Crandall

Daniel_Crandall — Sat, 28 Feb 2009 19:47:15 +0000

Thank you, thank you, thank you for writing down what I've been thinking ever since I started hearing those damn gold ads on the radio. If ever there was a group that wanted the economy to go in the toilet it was those damn gold coin hawkers.

People are complaining about the economy, then they do nothing that might help it, like either investing in businesses (stocks) or creating their own business. You want the economy to improve? Then support an entrepreneur or become one yourself.

If all you're going to do is piss and moan then the Outhouse is over there. Pick up a magazine, either Townhall or Mother Jones, your choice. Enjoy the stench. The rest of us got work to do.

By: BevfromNYC

BevfromNYC — Sat, 28 Feb 2009 17:45:26 +0000

Yipes then I am really screwed (no pun intended). I doubt there will much of a market for women my age. I remember when the world's oldest profession was new!

By: Hog_Whitman

Hog_Whitman — Sat, 28 Feb 2009 03:53:34 +0000

Oh I know that. I was thinking more like "Legacy" cars that refuse to die. Like Mad Max or Terminator cars. Or to use a more realistic example, old American cars in Cuba. They're like Zombies. They refuse to die. I can't remember the name, but there's a great documentary about the subject. They make their own parts from scratch and even sell them in the U.S. and elsewhere to restorers.

But back to gold: I wouldn't invest in it, but having some around could solve a lot of problems in a post-apocalyptic world, or just an economic collapse. This is where we could actually learn something from Argentina. They're experts. Their economy has collapsed more times than Courtney Love's gynocologist.

By: Brisco_County

Brisco_County — Sat, 28 Feb 2009 01:25:04 +0000

I’ve come up with a list of commodities and assets to back the dollar that hold more real value for people than gold:

-Sushi – California Rolls = $5. Yellow tail = $10, etc. Trade them fast, though— Rapid depreciation.

-Chocolate – The only flaw: Another Germanic rise to power.

-Music CD’s – I kind of like the poverty line being drawn at people with bad taste.

-Houses – A sure way to put Jimmy Carter into financial ruin.

-Beer – There’d be a cold war between the power blocs of Texas/Wisconsin and Germany/Belgium.

-Hippies – No, hear me out. Remember that “bad bank” for toxic assets that Obama was talking about?

-Hollywood films – It’d be a good way to stay in synch with the current rate of inflation.

-American cars – We wouldn’t be much worse off than we are post-stimulus.

But I think the #1 asset to back the dollar with is…

Liberals.

Again, hear me out. You know how they believe they’re entitled to goods and services regardless of productivity? Bingo! Inherent, absolute value!

By: Hog_Whitman

Hog_Whitman — Sat, 28 Feb 2009 00:00:34 +0000

I've been trying not to say this, in the hopes that somebody else would, but let's face it: The most dependable form of currency is generated by the world's oldest profession.

Discuss.

By: Jonah West

Jonah West — Fri, 27 Feb 2009 23:18:31 +0000

Me and some of my friends have longged planned for the zombie apocolypse (either literal undead zombies or liberal zombies, the differences are surprisingly few, both will eat your brain and make you just like them if you let them). When news first breaks of said zombie apocolypse we plan to hoard food, weapons, ammo, gassoline, water, and technology (generators, vehicles, etc). From there, build a nice base of operations near the ocean, and, should worst come to worse, flee to a waiting boat docked off shore with supplies for fishing and desalinization, so we can survive at see until zombies die off. We haven't been worrying over precious metals or gemstones, figuring food, fuel, and tech will be far more valuable.

By: BevfromNYC

BevfromNYC — Fri, 27 Feb 2009 21:46:29 +0000

No you cannot raise my taxes 'cause you didn't say "mother, may I?" I wish Congress had a "Mother, May I" rule. I am now going to crawl into my "safe place" with a bottle of strong alcohol…

By: AndrewPrice

AndrewPrice — Fri, 27 Feb 2009 21:20:51 +0000

Good… ooops, I mean, oh no, we're not trying to scare anyone. Can we raise your taxes? It will solve this whole problem….