Job Creation Numbers [Monty]

Teh Bernank is saying it'll be 2015 or 2016 before we even get to a 6.5% unemployment rate.

My guess? Since we voted for a European-style welfare state, we're going to get European levels of unemployment...probably well into the next decade, and maybe forever depending on how things turn out. There's no way to fund the entitlement state other than a combination of high taxes and low interest rates, which translates into a massive hit to job creation and investment.

The real unemployment rate is well over 10%, as everyone knows, and the situation is worse if you think of the declining workforce participation rate. We'd need to double our GDP growth every year for five or six years just to achieve homeostasis, and we're certainly not going to do that with Bammer in the White House for the next four years.

This, my friends, is why I'm still buying gold and silver.

UPDATE: Link fixed. [Monty]

Posted by: Guest Blogger at 12:13 PM



Comments

1 Monty!

Monty!

u were missed.

Posted by: ette at December 20, 2012 12:16 PM (nqBYe)

2 Sweet Meteor of DOOM!

Posted by: Lurking Canuck at December 20, 2012 12:17 PM (BrQrN)

3


The libs don't care.

They really do not.

They shift the blame, and feel good about themselves. That's it.

Nothing is real to them.

Posted by: beach at December 20, 2012 12:17 PM (LpQbZ)

4 Nice to see you stop in for a visit Mr. DOOM!

Posted by: Infidel at December 20, 2012 12:18 PM (O/fK8)

5 can you believe people voted for 4 more years of economic hell!

o yeah Booosh!
dipshit voters.
Remember when He ran on the economy and fixing stuff, and cuttng deficits in half, and unemployment and if these things weren't fixed He deserved to lose the next election?

yeah, barely remembered.

Posted by: ette at December 20, 2012 12:19 PM (nqBYe)

6 Monty, you were right about the DOOM, baby!

Yeah!!!

Posted by: Eaton Cox at December 20, 2012 12:19 PM (q177U)

7 DOOOOOM needs a kitteh.
http://www.flickr.com/photos/10297889@N08/4613935538

Posted by: HeatherRadish™ at December 20, 2012 12:19 PM (/kI1Q)

8 Since we voted for a European-style welfare state, we're
going to get European levels of unemployment..


What's this 'we' shit?

Posted by: weft cut-loop at December 20, 2012 12:19 PM (cEtVC)

9 SMOD!

Posted by: Anna Puma (+SmuD) at December 20, 2012 12:19 PM (J+mgg)

10 Welcome back Monty!

I'm expecting unemployment doom forever, and have the same basic plan you do- buy PM's.

Of course, tomorrow is Mayan doom... so we've got that going for us!

Posted by: shibumi at December 20, 2012 12:19 PM (z63Tr)

11 Monty!

Posted by: Mama AJ at December 20, 2012 12:20 PM (SUKHu)

12 Doomier , imagine all the good work He will do to 'help' america in the next 4 years.

Posted by: ette at December 20, 2012 12:20 PM (nqBYe)

13 Do any of the cobloggers have a sense of humor? Just wondering.

Posted by: Cricket at December 20, 2012 12:20 PM (DrC22)

14 My favorite Co-Blogger.



Posted by: DiogenesLamp at December 20, 2012 12:20 PM (bb5+k)

15 Gold a good deal at $1700 an ounce???

Posted by: Wally in Walla Walla at December 20, 2012 12:21 PM (Dll6b)

16 COME BACK ON A REGULAR BASIS MONTY!


And I never use all caps.


One quibble though, what's the nutritional or tactical value of gold or silver?


Other than that, welcome back. NOW STAY!

Posted by: Burn the Witch at December 20, 2012 12:21 PM (IgvLC)

17 Teh Bernank is saying it'll be 2015 or 2016 before we even get to a 6.5% unemployment rate.

Oh, why be coy? Just say October 2016. Hi, Hillary!

Posted by: t-bird at December 20, 2012 12:21 PM (FcR7P)

18 When something ceases it's ascent, it then falls. That is what I expect to happen now.



Posted by: DiogenesLamp at December 20, 2012 12:22 PM (bb5+k)

19 It's a better deal than paper backed by faith and ones and zeroes in a computer, but not for those of us who don't even have $1700

Posted by: Cato at December 20, 2012 12:23 PM (oxNxk)

20 yeah gold is out for me , well because of the longterm economic hardship, in fact i sold my wedding rings any jewelry i once owned to survive this long.

so i'm on board the SMOD train, until i think about the kids, and then I'm on the crying train.

Posted by: ette at December 20, 2012 12:23 PM (nqBYe)

21 Why work for a cow if the milk is free?

Posted by: WalrusRex at December 20, 2012 12:23 PM (XUKZU)

22 Even $#!tty service sector jobs are not available.

Posted by: Butters at December 20, 2012 12:23 PM (NIZHJ)

23 I used caps twice. That means I mean it. That should do the trick.


All you Monty fans may now thank me profusely.

Posted by: Burn the Witch at December 20, 2012 12:23 PM (IgvLC)

24
Poppycock. We'll be at 6% next month.

Posted by: Bureau of Labor and Statistics at December 20, 2012 12:24 PM (69Mdf)

25 and the situation is worse if you think of the declining workforce participation rate.

Common Sense Job Control. You're welcome!

Posted by: Barry Occu-bama at December 20, 2012 12:24 PM (FcR7P)

26 I may have mentioned this before. Friends of mine gave my daughter 3 10oz bars of silver for her collegegraduation. For a kid who knows nothing about stocks, oil prices or the price of tea in china for that matter, she can tell you at any given hour of the day the price of an oz of silver!Gold is a bit steep for my budget but I may have to do some research on silver.

Posted by: Molly k. at December 20, 2012 12:24 PM (vm/7/)

27 Mooooooooonnnnnnnnttttttyyyyyy! This injection of DOOM is so pleasing to my black heart! And yup, so long as we have Bambi and the Demonrats at the helm it's France for the foreseeable future.

Posted by: joncelli at December 20, 2012 12:24 PM (RD7QR)

28
COME BACK ON A REGULAR BASIS MONTY!


---

Yeah, we're running out of DOOM!

Posted by: WalrusRex at December 20, 2012 12:24 PM (XUKZU)

29 At this rate you should be stocking piling lead...along with a big yellow dog, salt pork , coffee , flower , sugar, a brush axe, canned goods and tooth paste...

Posted by: Clemenza at December 20, 2012 12:24 PM (Q8Pu5)

30 "...double our GDP growth every year..."

Hellooooo inflation!

Posted by: CharlieBrown'sDildo at December 20, 2012 12:25 PM (GsoHv)

31 You think this is bad? Wait till next month when they revise the statistics.

Posted by: Butters at December 20, 2012 12:25 PM (NIZHJ)

32 Teh Bernank is saying it'll be 2015 or 2016 before we even get to a 6.5% unemployment rate.

Throw this on the pile labeled, "Things That Would Have Been Nice To Hear Before The Election"

Posted by: t-bird at December 20, 2012 12:26 PM (FcR7P)

33 i invest in beans rice and water containment , wish us luck.

or that we are all wrong (i do hope) a magic thing happens and we can laugh at this in a few years.

Posted by: ette at December 20, 2012 12:26 PM (nqBYe)

34 Yeah, we're running out of DOOM!

Posted by: WalrusRex at December 20, 2012 12:24 PM (XUKZU)


It's amazing how many people got cheered up with a morning cup of DOOM.
My day just started going better.

Posted by: jwb7605 (Let It Burn) at December 20, 2012 12:26 PM (Qxe/p)

35 Monty just stopped by for one last post before the Mayan end of world tomorrow!!!

Posted by: financejoe at December 20, 2012 12:26 PM (xGWKl)

36 DOOOOOM needs a kitteh.

So help me g-d if someone makes a wet pussy joke I'm going to lose my shit.

Posted by: eleven at December 20, 2012 12:26 PM (KXm42)

37 Monty. A sane voice before the fall.

Plus, Doom!

Posted by: George Orwell what knows being American means free rubbers and gun control at December 20, 2012 12:27 PM (Lxw+T)

38 Let it DOOM™?

Posted by: Waterhouse at December 20, 2012 12:27 PM (JACEX)

39 I heard the Hobbit was way better than the reviews.

Posted by: Butters at December 20, 2012 12:27 PM (NIZHJ)

40 Pfft- everybody can just go on SSI disability. We can always print more money so what's the big deal?

Posted by: Hollowpoint at December 20, 2012 12:28 PM (SY2Kh)

41 So help me g-d if someone makes a wet pussy joke I'm going to lose my shit.


Posted by: eleven at December 20, 2012 12:26 PM (KXm42)


What? You prefer a dry pussy?

Posted by: BCochran1981 at December 20, 2012 12:28 PM (da5Wo)

42 Only one sacrificing day left until Baktun Day. Have you cut the still-beating hearts from your enemies yet?

Posted by: Cato at December 20, 2012 12:28 PM (oxNxk)

43 Monty just stopped by for one last post before the Mayan end of world tomorrow!!!

Posted by: financejoe at December 20, 2012 12:26 PM (xGWKl

haha no such luck, we'll drag this out and end up eating tree bark.
Why should we have it better than all those before us?

Posted by: ette at December 20, 2012 12:28 PM (nqBYe)

44 Anyone else getting a "page not found" from the WaPo link?

Posted by: Waterhouse at December 20, 2012 12:28 PM (JACEX)

45 "Do any of the cobloggers have a sense of humor? Just wondering."

Posted by: Cricket at December 20, 2012 12:20 PM (DrC22)

Last night the comments crashed just a few minutes after I posted the ONT.

As far as I know it was a coincidence (that's my story and I'm sticking with it), but I was also laughing my ass off at the comments the cobloggers were making on the email string about the crash.

So....hell yes!

Posted by: CharlieBrown'sDildo at December 20, 2012 12:28 PM (GsoHv)

46 I heard the Hobbit was way better than the reviews.

Saw it on Friday. You heard wrong.

Posted by: Hollowpoint at December 20, 2012 12:29 PM (SY2Kh)

47 Friends of mine gave my daughter 3 10oz bars of silver for her collegegraduation.

Those are quite the friends you have there. And quite the heavy (the implications, I mean) gift.

Posted by: t-bird at December 20, 2012 12:29 PM (FcR7P)

48 42
Only one sacrificing day left until Baktun Day. Have you cut the still-beating hearts from your enemies yet?

Posted by: Cato at December 20, 2012 12:28 PM (oxNxk)

Shit. Better run out to Obsidian Blades R Us and then grab that last stocking stuffer.

Posted by: joncelli at December 20, 2012 12:30 PM (RD7QR)

Posted by: Clemenza at December 20, 2012 12:30 PM (Q8Pu5)

50 We REALLY need to change the debate... from the current Jerrymandered Unemployment number... to the % of Americans, of working Age, EMPLOYED.

We are still well over 10% unemployment... once you add back in the workers who USED to have jobs, but gave up out of despair...

Posted by: Romeo13 at December 20, 2012 12:30 PM (lZBBB)

51 Anyone else getting a "page not found" from the WaPo link?

We should be so lucky.

Posted by: t-bird at December 20, 2012 12:30 PM (FcR7P)

52 Is a Backtun a kind of camel?

Posted by: Butters at December 20, 2012 12:30 PM (NIZHJ)

53 "You think this is bad? Wait till next month when they revise the statistics."


I can't wait until Apr 1st, when the public will start to realize the sandwich they've been eating that doesn't taste quite right is actually packed full of shit. Apr 1st of 2014 will be even better.


I'll be giggling by that point.

Posted by: Burn the Witch at December 20, 2012 12:31 PM (IgvLC)

54 Anyone else getting a "page not found" from the WaPo link?

Yes, bad link.

Posted by: joncelli at December 20, 2012 12:31 PM (RD7QR)

55
I heard the Hobbit was way better than the reviews.


I'm a Luddite when it comes to cinemizing LOR. The images from my head were so much better than what the movies replaced them with and I can never get them back. Sigh.

Progress.

As far as The Hobbit I don't see how you can get 3 movies out of one book, but what do I know and who would care if I did?

Posted by: eleven at December 20, 2012 12:32 PM (KXm42)

56 I find Monty coming back the day before the Mayan apocolypse a bit disconcerting.

Posted by: Soona at December 20, 2012 12:33 PM (B0xUu)

57 As far as The Hobbit I don't see how you can get 3 movies out of one book, but what do I know and who would care if I did?


Posted by: eleven at December 20, 2012 12:32 PM (KXm42)

By tossing in the Silmarillion, apparently.

Posted by: joncelli at December 20, 2012 12:33 PM (RD7QR)

58
The libs don't care.

They really do not.

@@@@@@@

I would take this a step further. The electorate, or at least a winning percentage thereof, do not care. I just witnessed many otherwise intelligent people with unemployed friends, family, spouses, sons and daughters vote for Obama because gay marriage or binders full of women or something.

It's absolutely unfathomable to me.

Posted by: Ferb Fletcher at December 20, 2012 12:34 PM (Q8Wa9)

59 In Europe unemployment for the yuuts is 40% in some countries. Yet these same yuuts are the most vocal supporters of socialism.

Posted by: Mr. Moo Moo at December 20, 2012 12:34 PM (HDgX3)

60 Personally, I'm not so hot on gold.

Gold is just another way of trying to measure the value of goods and services (much in the way money is). It's considerably more limited than money (seeing as you have to mine it and can't just hit some computer buttons to create it.) but it provides no practical use.

After the crash we could decide that purple rocks are useful, gold buyers are hosed.
I'm hoping that if I plan well I'll have useful things (like canned goods) and semi-useful skills (OK I have zero useful skills, so my plan is just to lift things.)

Posted by: tsrblke (work) at December 20, 2012 12:34 PM (LzlrF)

61 Japan has spent 20 years of government spending policies like our since their real estate collapse, and they've yet to return to their former levels of unemployment. I think this projection is optimistic under current conditions, especially with tightening government credit and higher taxes just over the horizon.

Posted by: Socratease at December 20, 2012 12:34 PM (iVBDH)

62 The reality is that Bernanke cannot stop monetizing the debt, or interest rates would explode and so would the deficit via debt interest payments. That's why he keeps moving the goalposts on monetary policy from stopping the financial crash, to easing the recession, to supporting stock prices, and now to targeting unemployment rates.

But since the EU, Britain and Japan are doing the same thing, they stay in relative balance.

Good to see a Monty post by golly!

Posted by: GnuBreed at December 20, 2012 12:34 PM (ccXZP)

63 Ah, there's a space after "post-" which should nae be there.

Posted by: Waterhouse at December 20, 2012 12:34 PM (JACEX)

64 56
I find Monty coming back the day before the Mayan apocolypse a bit disconcerting.

Posted by: Soona at December 20, 2012 12:33 PM (B0xUu)

To get horses, go to a horse breeder. To get DOOOOM, go to Monty.

Posted by: joncelli at December 20, 2012 12:34 PM (RD7QR)

65 I kept thinking when I read the Silmarillion that it was just a rough first draft or an outline.

Posted by: Butters at December 20, 2012 12:35 PM (NIZHJ)

66
Monty,

Thank you for your posts.

Posted by: rd at December 20, 2012 12:35 PM (zLp5I)

67 I'll see you in the waste land Monty.

Posted by: maddogg at December 20, 2012 12:35 PM (OlN4e)

68 I'm a Luddite when it comes to cinemizing LOR. The images from my head
were so much better than what the movies replaced them with and I can
never get them back. Sigh.


I haven't read any of the Tolkien books. I neither know or care how faithful the movies were to the books.

I liked the LOTR movies, but The Hobbit was very disappointing.

Posted by: Hollowpoint at December 20, 2012 12:36 PM (SY2Kh)

69 I would take this a step further. The electorate, or
at least a winning percentage thereof, do not care. I just witnessed
many otherwise intelligent people with unemployed friends, family,
spouses, sons and daughters vote for Obama because gay marriage or
binders full of women or something.



It's absolutely unfathomable to me.

Posted by: Ferb Fletcher at December 20, 2012 12:34 PM (Q8Wa9)

_________________________
I'll do you one better. I know a couple who are BOTH UNEMPLOYED. And they both enthusiastically voted for Obama. At some point you just throw your hands up in the air and say fuck it, it's over.

Posted by: Mr. Moo Moo at December 20, 2012 12:36 PM (HDgX3)

70 First, welcome back!

Second - at the rate Choomy is disappearing people from the roles of the "employable" we'll have negative unemployment in about 18-months.

FORWARD!

Posted by: DocJ at December 20, 2012 12:37 PM (A5uiv)

71 Forget it, Jake. It's Chichen Itza.

Posted by: George Orwell what knows being American means free rubbers and gun control at December 20, 2012 12:37 PM (Lxw+T)

72 "I heard the Hobbit was way better than the reviews."


"Saw it on Friday. You heard wrong.


Posted by: Hollowpoint at December 20, 2012 12:29 PM (SY2Kh)"



Saw it on Sunday. Didn't read any reviews, but if the reviews were no better than Mediocre At Best, then I agree.


You won't be wasting your money, but it's not like you'll be going back to see it or anxiously awaiting the DVD release. This is coming from a huge LOTR nerd who - while I could point out every flaw in the film's adaptation of the book - seriously enjoyed the films and can still re-watch them.


The Hobbit? Huge disappointment.

Posted by: Burn the Witch at December 20, 2012 12:37 PM (IgvLC)

73 In Europe unemployment for the yuuts is 40% in some countries. Yet these same yuuts are the most vocal supporters of socialism.

Of course they are. They don't want their free shit to go away.

Posted by: HeatherRadish™ at December 20, 2012 12:37 PM (/kI1Q)

74 Wouldn't it be funny if the world really did end tomorrow? Imagine of all the people on the earth, and the Mayans get the last laugh.

Posted by: Soona at December 20, 2012 12:38 PM (B0xUu)

75 It's Midnight Madness at SMODS-R-Us!

Everything must go!

We will be open ALL NIGHT tonight to serve your end-of-the-world needs. Blue Light specials from 11pm to midnight. We have cosmic ray bursts, supernovae, and rogue asteroids ready for delivery.

First 10 customers receive FREE SOLAR FLARE!

So come on down to SMODS-R-Us, 5371 Central Avenue in Lynbrook, and let us make your apocalypse one you'll never forget!

100% total annihilation guaranteed or your civilization back!

Posted by: Jones in CO at December 20, 2012 12:38 PM (8sCoq)

76 Last week: Let it Burn, this week: Let me burn it.

Posted by: SpongeBob Saget's square dildo at December 20, 2012 12:39 PM (97nMP)

77 Who needs jobs. Can't they just get everyone a gibsmedat check?

Posted by: Butters at December 20, 2012 12:39 PM (NIZHJ)

78 100% total annihilation guaranteed or your civilization back!


Posted by: Jones in CO at December 20, 2012 12:38 PM (8sCoq)


How is that an enticement at this particular moment? I don't like my civilization, which is why I'm looking at SMOD.

Posted by: BCochran1981 at December 20, 2012 12:39 PM (da5Wo)

79 First 10 customers receive FREE SOLAR FLARE!

Melanoma at no extra charge.

Posted by: George Orwell what knows being American means free rubbers and gun control at December 20, 2012 12:40 PM (Lxw+T)

80
In Europe unemployment for the yuuts is 40% in some countries. Yet these same yuuts are the most vocal supporters of socialism.


Posted by: Mr. Moo Moo at December 20, 2012 12:34 PM (HDgX3)


It's a positive feedback loop. Despair at employment translates into desire for security and envy of those who earn.



Posted by: DiogenesLamp at December 20, 2012 12:40 PM (bb5+k)

81 60
Personally, I'm not so hot on gold.

Gold is just another way of
trying to measure the value of goods and services (much in the way money
is). It's considerably more limited than money (seeing as you have to
mine it and can't just hit some computer buttons to create it.) but it
provides no practical use.at December 20, 2012 12:34 PM (LzlrF)

_____________________
I agree 100%. When the crash happens nobody will have a use for gold. You can't eat gold. You can't drink gold. You can't burn gold for fuel. You can't wear gold. You can't protect yourself from harm with gold. And yes I know gold is used in manufacturing.....who is going to be manufacturing much of anything when the shit hits the fan? Might as well like you say invest in purple rocks, it will be as valuable.

Posted by: Mr. Moo Moo at December 20, 2012 12:40 PM (HDgX3)

82 Thiose jokes we made about the makers and takers? The 47 percent? It never was a joke....far too many ofthe unemployed DON"T CARE if they ever work again as long as that unemployment deposit is made on time. I know a few of those people.

Posted by: Damn Sockpuppet at December 20, 2012 12:41 PM (YmPwQ)

83 If the world really does end I'm going to drinking full time.

Posted by: eleven at December 20, 2012 12:41 PM (KXm42)

84 I hope you all realize that Ace's "vacation" is simply a ruse to give him one week of uninterrupted writing time for a review of The Hobbit that will be longer than the movie.

Posted by: CharlieBrown'sDildo at December 20, 2012 12:41 PM (GsoHv)

85 What civilization? It's all a collective momzerim. I wouldn't grant it the dignity of calling it a civilization.

Posted by: Cato at December 20, 2012 12:41 PM (oxNxk)

86 100% total annihilation guaranteed or your civilization back!

I want SMOD to deliver 110%.

Posted by: George Orwell what knows being American means free rubbers and gun control at December 20, 2012 12:42 PM (Lxw+T)

87
84
I hope you all realize that Ace's "vacation" is simply a ruse to give
him one week of uninterrupted writing time for a review of The Hobbit
that will be longer than the movie.


Posted by: CharlieBrown'sDildo at December 20, 2012 12:41 PM (GsoHv)


Dear...God....Jim......

Posted by: BCochran1981 at December 20, 2012 12:42 PM (da5Wo)

88 When you craft a government that pays people to NOT WORK, there will not be any jobs.

Posted by: Adirondack Patriot at December 20, 2012 12:42 PM (iAUf+)

89 Anybody know how much actual silver there is in an Ike dollar?

I recently came upon a small cache of them in the attic and was wondering if they're worth anything more than a buck each.

Posted by: Nighthawk at December 20, 2012 12:42 PM (RSqz2)

90 I want SMOD to deliver 110%

I ALWAYS EXCEED EXPECTATIONS

Posted by: SMOD at December 20, 2012 12:42 PM (BrQrN)

91
I hope you all realize that Ace's "vacation" is simply a ruse to give
him one week of uninterrupted writing time for a review of The Hobbit
that will be longer than the movie.


I will read every last word. It will be better than the movie. Which I'm sure I will never see anyway.

Posted by: eleven at December 20, 2012 12:43 PM (KXm42)

92 "I hope you all realize that Ace's "vacation" is simply a ruse to give him one week of uninterrupted writing time for a review of The Hobbit that will be longer than the movie."


I can't wait to hear his take on 10 minutes of Radagast The Brown riding around on a rabbit sled with birdshit on the side of his head.

Posted by: Burn the Witch at December 20, 2012 12:43 PM (IgvLC)

93 The Mayans had best be right or I am going to have to hid the bodies.

Posted by: rickb223 Let. It. Burn. at December 20, 2012 12:43 PM (GFM2b)

94 You actually can eat gold but it doesn't make much of a meal.

Posted by: King Midas at December 20, 2012 12:43 PM (QKKT0)

95 84 NOOOOOOO!!!!!

Posted by: Lord Vader at December 20, 2012 12:43 PM (NIZHJ)

96
I hope you all realize that Ace's "vacation" is simply a ruse to give
him one week of uninterrupted writing time for a review of The Hobbit
that will be longer than the movie.


I thought he was using it to have a last Great Hobo Hunt before the Mayans kill us all.

Posted by: Retread at December 20, 2012 12:44 PM (zxitI)

97 Posted by: Mr. Moo Moo at December 20, 2012 12:40 PM (HDgX3)

I'll stick with history.... which says that the ONLY Societys where Gold was not valuable, were the Societys that did not have ANY at all...

Posted by: Romeo13 at December 20, 2012 12:44 PM (lZBBB)

98 I'm a great believer in holding some gold. But no way in hell I'm buying at 1700.
(FWIW, travellers, it plunged yesterday, and was at 1666 this morning. That's right: Sixteen sixty-six.)

In other evidence of the impending EOTW, I just bought a military can of 7.62 x 39 and a couple extra 30-round magazines, in stock and...marked down. Spooky.

Posted by: comatus at December 20, 2012 12:44 PM (qaVK+)

99

so when all this doom and burning commences, who will buy your gold, and what will they do with it?

and what will you accept as currency for your gold?

Posted by: soothsayer at December 20, 2012 12:44 PM (daSZu)

100 You get what you pay for, and we pay people to sit around and scarf Ben & Jerry's and Doritos all day. Don't think I'm being mean, I'm a C-Store clerk thanks to the Obamony and I see what the moocher class uses their EBT cards on. Hint, not real food or food ingredients (my store sells them, and only cash customers buy them).

Posted by: Cato at December 20, 2012 12:45 PM (oxNxk)

101 I swear that if I get another dog after my 13 year old shepherd goes off to chase bunnies in the sky, I'll name him "Doom"

Posted by: tangonine at December 20, 2012 12:45 PM (x3YFz)

102 89 Each Ike has a melt value of $9.40 according to coinflation.

Posted by: Lord Vader at December 20, 2012 12:45 PM (NIZHJ)

103 The real unemployment rate is well over 10%, as everyone knows

Yeah, the title should be, "Job Numbers Creation"

Posted by: t-bird at December 20, 2012 12:46 PM (FcR7P)

104 "so when all this doom and burning commences, who will buy your gold, and what will they do with it?


and what will you accept as currency for your gold?"




This.

Posted by: Burn the Witch at December 20, 2012 12:46 PM (IgvLC)

105 When it comes to gold and the great debate of "Taste great! Less filling!" The metal fails on both counts. It doesn't taste great and it is very filling.

Posted by: Anna Puma (+SmuD) at December 20, 2012 12:46 PM (J+mgg)

106 In WA state, where I live, unemployment benefits max out at $605 a week. That's $31K a year. You get a married couple on UI and that's $64K a year combined. There's no payroll tax on UI benefits so that's the equivalent of $72,000 as a self employed couple.

So you're an unemployed couple. You can go out bust your ass and make $72K a year. Or you can sit on the couch and watch TV and make $72K a year. Plus this way you don't pay money for gas, you don't put any miles on your car, you don;t have to worry about daycare if you have little kids.

It's really not a tough decision.

Posted by: Mr. Moo Moo at December 20, 2012 12:46 PM (HDgX3)

107 Posted by: Nighthawk at December 20, 2012 12:42 PM (RSqz2)

Looks like content is .31oz, melt value today is $9.42. But only the "S" stamped ones contain silver.

Posted by: Country Singer at December 20, 2012 12:47 PM (L8r/r)

108 "Yes, I realize we had a certain agreement as to what I would and wouldn't do in your mouth, however considering the end of the world in near, I didn't think you would mind."

Posted by: jwest at December 20, 2012 12:47 PM (ZDsRL)

109 The sun'll come out

Tomorrow

Bet your bottom dollar

That tomorrow

There'll be sun!

And variable temps ranging into the high 25,000's.

Posted by: Little Orphan Ixpiyacoc at December 20, 2012 12:47 PM (QKKT0)

110 I'm a C-Store clerk thanks to the Obamony and I see what the moocher class uses their EBT cards on.

Well, at least they won't have to use them for rubbers any longer.

Posted by: George Orwell what knows being American means free rubbers and gun control at December 20, 2012 12:47 PM (Lxw+T)

111

and you really expect a crash?

what's gonna crash? banks are in the black.

Posted by: soothsayer at December 20, 2012 12:47 PM (daSZu)

112 Somebody please instruct me in simple language why buying gold and silver would help in an economic collapse.

Posted by: katya the designated driver at December 20, 2012 12:47 PM (DoZD+)

113 And variable temps ranging into the high 25,000's.


Guess I'll wear a tank top.

Posted by: George Orwell what knows being American means free rubbers and gun control at December 20, 2012 12:48 PM (Lxw+T)

114 Dooooom! Hi, Monty, hi!


As Steyn points out, we need Sixteen Trillion Dollars just to get back to broke. I don't see any way for unemployment to improve when there are no real benefits to job creation.

Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 12:48 PM (VtjlW)

115 a review of The Hobbit that will be longer than the movie.

It's his re-write of The Silmarillon in the appendix that has me worried.

Posted by: t-bird at December 20, 2012 12:48 PM (FcR7P)

116 62K a year that is

Posted by: Mr. Moo Moo at December 20, 2012 12:48 PM (HDgX3)

117 You get what you pay for, and we pay people to sit around and scarf Ben
Jerry's and Doritos all day. Don't think I'm being mean, I'm a
C-Store clerk thanks to the Obamony and I see what the moocher class
uses their EBT cards on.


Sure, but at least you're there for them to assist in their retirement planning.

Buying lottery tickets counts as retirement planning, right?

Posted by: Hollowpoint at December 20, 2012 12:48 PM (SY2Kh)

118 And don't forget the SPF 200,000.

Posted by: Anna Puma (+SmuD) at December 20, 2012 12:48 PM (J+mgg)

119 Ok, I'd like to know what would be the best approach when investing in precious metals:

Buy actual gold?

Buy gold stock?

Buy gold mining stock?

Invest in precious metal ETFs?

All of the above?

Posted by: Christina Hendricks's Mighty Jugs Are Now Decorated For Christmas at December 20, 2012 12:48 PM (+AV7H)

120 So you're an unemployed couple. You can go out bust
your ass and make $72K a year. Or you can sit on the couch and watch TV
and make $72K a year. Plus this way you don't pay money for gas, you
don't put any miles on your car, you don;t have to worry about daycare
if you have little kids.

It's really not a tough decision.


Posted by: Mr. Moo Moo at December 20, 2012 12:46 PM (HDgX3)


Another positive feedback loop.


Posted by: DiogenesLamp at December 20, 2012 12:49 PM (bb5+k)

121 and you really expect a crash?



what's gonna crash? banks are in the black.





Posted by: soothsayer at December 20, 2012 12:47 PM (daSZu)

____________________
And banks were in record profit territory late 1929 as well. What's your point?

Posted by: Mr. Moo Moo at December 20, 2012 12:49 PM (HDgX3)

122 104
"so when all this doom and burning commences, who will buy your gold, and what will they do with it?





and what will you accept as currency for your gold?"







This.

Posted by: Burn the Witch at December 20, 2012 12:46 PM (IgvLC)
.223 .308 9mm .40 .45
The next currency.

Posted by: tangonine at December 20, 2012 12:49 PM (x3YFz)

123 The stupid always pay for their own mistakes and this time it is going to be painful. With that said, the stupid will not learn from this and continue to vote to screw themselves. This is the best it will be economically and quality of life for the stupid. May they enjoy their own fruits of labor.........

Posted by: Wall_E at December 20, 2012 12:49 PM (48wze)

124 Denver weather forecast for Doomsday: sunny and 51. Doomsday night, clear and 27.

Posted by: Jones in CO at December 20, 2012 12:49 PM (8sCoq)

125 89

Silver worth of an Ike dollar is $9.40.
www dot coinflation dot com / silver _ coin _ values dot html

Posted by: rickb223 Let. It. Burn. at December 20, 2012 12:50 PM (GFM2b)

126 Somebody please instruct me in simple language why buying gold and silver would help in an economic collapse.
********************************

When the dollar becomes worthless, only gold will be accepted currency in order to buy a loaf of bread.

That, and the tasty blood of your children.

Posted by: Christina Hendricks's Mighty Jugs Are Now Decorated For Christmas at December 20, 2012 12:50 PM (+AV7H)

127 http://en.wikipedia.org/wiki/Linguistic_relativity

Posted by: Anna Puma (+SmuD) at December 20, 2012 12:50 PM (J+mgg)

128 I'm at least glad to see that I'm not the only one whose not 100% sold on gold.
I have some Gold, if life goes to pot, I suppose the wives and I will sell the wedding rings. But as an investment...meh? I'll take my chances.

Plus if money fails so hard that we're burning it rather than using it, not a world I want to survive in for very long anyway.

Posted by: tsrblke (work) at December 20, 2012 12:50 PM (LzlrF)

129 Somebody please instruct me in simple language why buying gold and silver would help in an economic collapse.

Posted by: katya the designated driver at December 20, 2012 12:47 PM (DoZD+)


Because the naive think it is worth something, and they might trade something which is actually worth something for the mostly useless metal.



Posted by: DiogenesLamp at December 20, 2012 12:50 PM (bb5+k)

130 For those who are interested in silver, I offer a few suggestions.

1. Silver is not only marked "sterling." Sometimes it is marked ".925." English silver is marked by a walking lion stamp. (Consult internet for English marks.) Silver from European countries has varying marks which you can also find on the internet.

2. I buy silver whenever I can get it below the current market rate, sometimes very cheap. Good sources for finding this estate auctions and garage sales, where you can find boxes of costume jewelry (sometimes older people mix up fine and costume jewelry together), boxes of silverware (most will be stainless but you might find a stray sterling piece in there), souvenir spoons (which were sometimes made of sterling until the 70's), and collector plates. (I once bought 8 Franklin mint collector plates each having 8 ounces of sterling silver for $40 each).

3. Silver from Indian reservation jewelry has varying quality. If you are in an area where you run across a lot of this type of jewelry, you should invest in a test kid for silver. Indian jewelry is rarely marked.

Hope this helps people!

Posted by: Miss Marple at December 20, 2012 12:50 PM (GoIUi)

131 Buying gold and silver would not help a bit in an economic collapse.

You have to buy it before the economic collapse. Hope this helps.

Posted by: comatus at December 20, 2012 12:51 PM (qaVK+)

132 Ethanol futures.

Posted by: eleven at December 20, 2012 12:51 PM (KXm42)

133 Posted by: Romeo13 at December 20, 2012 12:44 PM (lZBBB)

I would buy guns and ammunition instead of gold.

If society collapses to the extent that some are expecting, then the market for gold may be robust, or it may be illiquid. It's difficult to predict.

But I'll bet anything that the market for guns and ammunition will be fantastic.

Posted by: CharlieBrown'sDildo at December 20, 2012 12:51 PM (GsoHv)

134 Somebody please instruct me in simple language why buying gold and silver would help in an economic collapse.

It makes you a target. "Hey, that's the guy who pays in gold..." But, if you can make it until order is restored, then you're sittin' pretty.

Posted by: t-bird at December 20, 2012 12:51 PM (FcR7P)

135 Boned.

Posted by: that guy that always thinks we're boned at December 20, 2012 12:51 PM (QupBk)

136 Gold is remarkably heavy for its volume and makes superior sling stones because you can carry more in a small bag. There's one use. I'm sure there's more. Besides swindling gullible people who are willing to trade valuable supplies for shiny things that used to be important.

Posted by: Cato at December 20, 2012 12:51 PM (oxNxk)

137 Posted by: katya the designated driver at December 20, 2012 12:47 PM (DoZD+)

Because precious metals have intrinsic value; they are valuable and desirable because they are tangible and universally valued. Paper money is only valuable because people believe it is and the .gov says it is. When people stop believing folding money has value, it will have no value. Basically, anything tangible will have value, but PM's are universally understood.

Posted by: Country Singer at December 20, 2012 12:52 PM (L8r/r)

138
right now I'm on a stretch of highway loaded with stores

traffic is heavy, parking lots are full, commerce is taking place at a brisk place

if I got out of my car and went up to people and asked them how they're preparing for the doom and how they're holding up in this awful Obama recession, they'd think I was nuts

brb, goin into Subway...

Posted by: soothsayer at December 20, 2012 12:52 PM (3dufx)

139 "When the dollar becomes worthless, only gold will be accepted currency in order to buy a loaf of bread."


Right. Because Publix is really going to be accepting gold nuggets.

Posted by: Burn the Witch at December 20, 2012 12:53 PM (IgvLC)

140 119 Junk silver. Look it up

Posted by: DAve at December 20, 2012 12:54 PM (XDC0v)

141 Posted by: Country Singer at December 20, 2012 12:52 PM (L8r/r)

You know what else is universally understood to have value?
Food. I'll stock up on my supplies and leverage my skills at cooking instead. (Wait, I do have that one marketable skill, I can cook up a storm, for large crowds if needed.)

Posted by: tsrblke (work) at December 20, 2012 12:54 PM (LzlrF)

142 A lot of you here don't seem to understand the intrinsic value of gold. It's like a Picasso. It has value today because people have money to spend on a Picasso. When the collapse happens, the price of gold like the price of a Picasso will plummet. Luxury items don't do so well in times of economic panic.

Now there is a case to be made for owning gold during the collapse if you think that the collapse will reverse itself. After the collapse, during the recovery, a Picasso and gold will have value again. But during the collapse itself they will both be near worthless. I say near because there will be "investors" out there looking to by Picassos and gold with an eye to the future. But that will be the exception, not the rule.

Posted by: Mr. Moo Moo at December 20, 2012 12:54 PM (HDgX3)

143 Of course to have a Yurpeeon-style social system it helps to have a friendly superpower taking care of all your defense needs. When all the US Navy carriers start rusting at their homeports, and the final USAF bird departs the last NATO base, s**t will start to get real.

Posted by: Idaho Spudboy at December 20, 2012 12:54 PM (1+CnU)

144 125
89



Silver worth of an Ike dollar is $9.40.

www dot coinflation dot com / silver _ coin _ values dot html

Posted by: rickb223 Let. It. Burn. at December 20, 2012 12:50 PM (GFM2b)few minutes on google and you get a recipe for breaking down silver. Insert grandma's spoon, apply the right chemicals, do some stuff (in a well-ventilated area) and viola: .99 silver.


Posted by: tangonine at December 20, 2012 12:54 PM (x3YFz)

145 Somebody please instruct me in simple language why buying gold and silver would help in an economic collapse.

-----

Intrinsic value.


Lets say you have $1000 in dollar bills.... and your neighbor has $1000 in gold coin.

Now lets say the dollar crashes and the dollar is now worth a penny. Your thousand dollars in cash now purchases $1.00 worth of goods. You can't buy shit with your thousand paper bills. Your neighbor... however, still maintain his purchasing power despite what the dollar does.


Posted by: fixerupper at December 20, 2012 12:54 PM (nELVU)

146

wouldn't fertile soil and water be more valuable to you?

Posted by: soothsayer at December 20, 2012 12:54 PM (vuIm8)

147 Right. Because Publix is really going to be accepting gold nuggets.
********************

You're such a debbie downer. My gold coins are purdy.

Posted by: Christina Hendricks's Mighty Jugs Are Now Decorated For Christmas at December 20, 2012 12:54 PM (+AV7H)

148 We will probably have plenty of warning. If things really go bowl-spiraling into the crap tank, it will hit Europe first. A fistful of riots in Greece aren't the real deal. It's likely some serious political upheaval will have to occur there before the fan blades meet fecal material. Some countries will have to leave the Euro for example, or Catalonia seceding from Spain.

Posted by: George Orwell what knows being American means free rubbers and gun control at December 20, 2012 12:55 PM (Lxw+T)

149 I'm at least glad to see that I'm not the only one whose not 100% sold on gold.

Silver was always a better option for day to day trading.
I'll take 2 silver dimes for this loaf of bread. Or a Double Eagle. Sorry. No change.

Posted by: rickb223 Let. It. Burn. at December 20, 2012 12:55 PM (GFM2b)

150 >>>Anybody know how much actual silver there is in an Ike dollar?

Ike dollars? You mean the nickle clad copper IKE Dollars? No silver at all. Worth more as a collectors item if they are in good condition. If not they are worth more as currency ($1) than they are in intrinsic copper/nickle value.

Posted by: MikeTheMoose is Shrugging at December 20, 2012 12:55 PM (0q2P7)

151 My desire to buy gold or silver is inversely proportional to the number of TV ads I see telling me that I should buy gold and silver.

If silver is such a great investment, then why would you be trying so hard to sell it? Where where your ads when silver and gold prices were low?

What's that? You were buying gold and silver when prices were low, then taking out ads to sell it when prices were high? Well sign me up!

Posted by: Hollowpoint at December 20, 2012 12:55 PM (SY2Kh)

152 Because before and causing the crash is the destruction of personal wealth through currency devaluation. Precious metals appreciate proportionally in that environment.

Posted by: DAve at December 20, 2012 12:55 PM (XDC0v)

153 @140 - precisely. Junk silver has the benefit also of having a "face value" that is easily understandable to most people. 10-cents used to actually be worth something, after all (not the hay-penny it's worth today).

Posted by: DocJ at December 20, 2012 12:55 PM (A5uiv)

154 OT

RGIII was fined $10K for wearing an Adidas tee on camera

Posted by: Jones in CO at December 20, 2012 12:56 PM (8sCoq)

155 Right. Because Publix is really going to be accepting gold nuggets.

They'll have an express lane for gold-bearers. All other registers will be for the 43 million food stamp recipients about to discover their EBT cards don't work.

Orderly and efficient.

Posted by: t-bird at December 20, 2012 12:56 PM (FcR7P)

156 u.s. silver coins are 90%

Posted by: DAve at December 20, 2012 12:56 PM (XDC0v)

157 :::112 Somebody please instruct me in simple language why buying gold and silver would help in an economic collapse.:::

"Sir? Sir?! My family is starving. I see you have several cases of canned food. What will you take for them?"

I can't sell you all of them, but I'll sell you a case for 500 dollars.

"Well, look. I have this one-ounce gold coin. It's worth $1,700. Do you have something to cut it with?"

What are you - retarded? How do I know that's even gold? What else do you have to trade? I need .30-06 bullets or nails. I might be willing to risk getting screwed on the case Of food if the gold isn't real, but I ain't giving change for a fuckin $1,700 coin, pal. You want the case or not?

:::hands over coin:::

Posted by: Empire of Jeff at December 20, 2012 12:56 PM (g5jxH)

158 134
Somebody please instruct me in simple language why buying gold and silver would help in an economic collapse.



It makes you a target. "Hey, that's the guy who pays in gold..."
But, if you can make it until order is restored, then you're sittin'
pretty.

Posted by: t-bird at December 20, 2012 12:51 PM (FcR7P)

Or it means you'll have a lot of targets at 200 meters. Look on the bright side!

Posted by: tangonine at December 20, 2012 12:56 PM (x3YFz)

159 traffic is heavy, parking lots are full, commerce is taking place at a brisk place



if I got out of my car and went up to people and asked them how
they're preparing for the doom and how they're holding up in this awful
Obama recession, they'd think I was nuts

brb, goin into Subway...



Posted by: soothsayer at December 20, 2012 12:52 PM (3dufx)


That's not enough information to comment on intelligently. What part of the Nation are you seeing this in? If it's the Washington DC area, of course it's doing fine. You have to look at the big picture.


Posted by: DiogenesLamp at December 20, 2012 12:57 PM (bb5+k)

160

arms and ammo I can understand in the event of societal collapse

then I would have something useful -- I would just take from others what I needed

Posted by: soothsayer at December 20, 2012 12:57 PM (3dufx)

161 Incidentally, I don't have any gold, and the only silver is the odd dime that I find in my change and keep. My investment is in knowledge, food, med supplies, and ammo. Getting a dehydrator from Santa!

Posted by: Country Singer at December 20, 2012 12:57 PM (L8r/r)

162 Actually I just realized I have some silver too.

The wife's grandmother just dropped some small silver pieces on us as "gifts." They are pretty.

I still however suspect that Gold's value in any crash will only be worth what people are willing to trade for it. And I have yet no evidence that other (nongold) stuff (like my fine chinaware) will not be tradable as well.

Posted by: tsrblke (work) at December 20, 2012 12:58 PM (LzlrF)

163 Housing starts just hit a four year high. Exports at an all-time high just as corporate profits are. Energy prices falling and inflation is dead.

DOOMED, I TELL YA!

Posted by: Herbert Hymenhopper at December 20, 2012 12:58 PM (ULNMd)

164 Hey, remember when Chimpy von BushHitler was president and a 6.5% unemployment rate was the worst economy since the Great Depression?
Now it's a sign of just how amazing the Lightworker in Chief is.

Posted by: Rod Munsch at December 20, 2012 12:58 PM (2aB+q)

165 If you're not going to have metals to buy things with what do you THINK you'll have to trade with?

Posted by: DAve at December 20, 2012 12:58 PM (XDC0v)

166 157

EoJ, precisely. Was covered exstensively pre-Y2k.

Posted by: rickb223 Let. It. Burn. at December 20, 2012 12:59 PM (GFM2b)

167 Gold is no different than paper currency. It has value because we SAY it has value. Just like we SAY $1 has value. If tomorrow the world collectively said gold has no value and $1 has no value, they would both have no value.

On the other hand food has value no matter what anyone says. I could tell you a tomato has no value. But it doesn't matter what I tell you, you can eat a tomato, It has value. In good times or bad, a tomato has value. Same with fresh water. Same with a wood burning stove. Same with a gun. These items have an intrinsic value that is independent of a market value. The price of a tomato could go to $1000 today but its intrinsic value is still 100 calories of food (or whatever the amount is). Gold on the other has 0 intrinsic value. It's worth $1500 today because we say it's worth $1500. It has a market value but no intrinsic value.

Posted by: Mr. Moo Moo at December 20, 2012 12:59 PM (HDgX3)

168 I think it's too late for me to get into metals in any helpful way right now


but I will go out tomorrow- apocalypse notwithstanding- and buy a shitload of ball ammo for my guns

Posted by: Jones in CO at December 20, 2012 12:59 PM (8sCoq)

169 Now lets say the dollar crashes and the dollar is
now worth a penny. Your thousand dollars in cash now purchases $1.00
worth of goods. You can't buy shit with your thousand paper bills. Your
neighbor... however, still maintain his purchasing power despite what
the dollar does.




Posted by: fixerupper at December 20, 2012 12:54 PM (nELVU)

In a crashed economy, I won't trade for your gold or silver. Lead and Copper? Sure.

Posted by: DiogenesLamp at December 20, 2012 12:59 PM (bb5+k)

170 163
Housing starts just hit a four year high. Exports at an all-time high
just as corporate profits are. Energy prices falling and inflation is
dead.

DOOMED, I TELL YA!


Posted by: Herbert Hymenhopper at December 20, 2012 12:58 PM (ULNMd)

I take it you can't do simple math.

Posted by: tangonine at December 20, 2012 12:59 PM (x3YFz)

171 Does Goldschlager count?

Posted by: George Orwell what knows being American means free rubbers and gun control at December 20, 2012 12:59 PM (Lxw+T)

172 and inflation is dead.


*stares at bill from grocery store* *stares at two small bags of food*


Yeah. Inflation is dead. Yuppers.

Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:00 PM (VtjlW)

173 63
Housing starts just hit a four year high. Exports at an all-time high
just as corporate profits are. Energy prices falling and inflation is
dead.

DOOMED, I TELL YA!


Posted by: Herbert Hymenhopper at December 20, 2012 12:58 PM (ULNMd)

____________
Well then you have nothing to worry about.

Posted by: Mr. Moo Moo at December 20, 2012 01:00 PM (HDgX3)

174 Oh look, one of our resident trolls has woken-up and decided to grace us with its presence. Joy.

Posted by: DocJ at December 20, 2012 01:00 PM (A5uiv)

175 >>>Somebody please instruct me in simple language why buying gold and silver would help in an economic collapse.

If you have surplus money (and not debt) and want to hedge against say Weimar style hyperinflation. Placing your surplus money into a durable form of intrinsic value (gold, silver, copper, beans, winter red wheat, etc etc) gives you an asset whose value will not fluctuate much as your currency rapidly loses value. So if you need to use your "savings" to buy something you would either directly barter, or sell an asset for currency then immediately buy the desired item with it. Gold isn't a magical form of "money" it is simply one potential form of money.

If you are up to your eyeballs in debt (at fixed rates) don't worry. Pretty soon you'll be able to hawk a stick of gum and pay off your house.

Posted by: MikeTheMoose is Shrugging at December 20, 2012 01:00 PM (0q2P7)

176 DAve, the sweat of one's brow. "You need your horse shod? Sure we can work out a deal."

Posted by: Anna Puma (+SmuD) at December 20, 2012 01:00 PM (J+mgg)

177
That's not enough information to comment on
intelligently. What part of the Nation are you seeing this in? If it's
the Washington DC area, of course it's doing fine. You have to look at
the big picture.




Posted by: DiogenesLamp at December 20, 2012 12:57 PM (bb5+k)

St. Louis here. Malls are also packed. Incidentally, people aren't holding as many boxes as in years past. In previous years I've seen people carrying so many bags they could hardly walk. This year its an odd bag or two (with many people carrying nothing.)A mere crowd is not evidence of economic stimulation. In fact as we walked through the mall (the wife and I) we heard numerous other people discussing how they were trying to stretch their Christmas budget farther this year. (Only the incredibly bad off will buy nothing, most people will just try to make do with less.)

Posted by: tsrblke (work) at December 20, 2012 01:00 PM (LzlrF)

178 Why I buy silver:

1. I buy things I can wear or use (like trays, silver tea sets, etc.)

2. I buy because of inflation. I can't invest in foodstuffs past a certain amount. If the dollar drops in purchasing power, by silver plate increases in value.

3. I might as well buy silver. Savings accounts aren't paying anything and I am married to a guy who has a horror of the stock market from hearing his father talk about the 1929 market crash. This is the way it is, you can't argue with him, I have tried.

Posted by: Miss Marple at December 20, 2012 01:00 PM (GoIUi)

179 >Posted by: Rod Munsch at December 20, 2012 12:58 PM (2aB+q)


to point this out makes you Rayciss McHateyperson!

Posted by: Jones in CO at December 20, 2012 01:00 PM (8sCoq)

180 168
I think it's too late for me to get into metals in any helpful way right now


but I will go out tomorrow- apocalypse notwithstanding- and buy a shitload of ball ammo for my guns


Posted by: Jones in CO at December 20, 2012 12:59 PM (8sCoq)

good luck. Ammo is hard to find these days. You'll be out at least $0.95/round for .223.Should have stocked up 2 years ago (pats self on back)

Posted by: tangonine at December 20, 2012 01:01 PM (x3YFz)

181 In a true collapse, only lead and iron will be valuable.

Posted by: maddogg at December 20, 2012 01:01 PM (OlN4e)

182 157 Gold is ok as an investment but unmanageable for trade. Junk silver has all the advantages without the drawbacks

Posted by: DAve at December 20, 2012 01:01 PM (XDC0v)

183 Does Goldschlager count?

that's what I'm talkin bout.

Posted by: eleven at December 20, 2012 01:01 PM (KXm42)

184 Herbie, for you bro:

Sept. 1929
"There is no cause to worry. The high tide of prosperity will continue." Andrew W. Mellon, Secretary of the Treasury

Oct. 14, 1929
"Secretary
Lamont and officials of the Commerce Department today denied rumors
that a severe depression in business and industrial activity was
impending, which had been based on a mistaken interpretation of a review
of industrial and credit conditions issued earlier in the day by the
Federal Reserve Board". New York Times

Dec 5, 1929
"The Governments business is in sound condition." Andrew W. Mellon, Secretary of the Treasury


You sap.

Posted by: Mr. Moo Moo at December 20, 2012 01:01 PM (HDgX3)

185 Posted by: DiogenesLamp at December 20, 2012 12:59 PM (bb5+k)

---

I never said it was the best medium. I was answering the posters question.

It also depends how far down into chaos we go..... if we just go to the Wiemar Repulic level.... gold works.

If we go to Thunderdome..... Id rather have food, water, ammo.... and not in that order.

Posted by: fixerupper at December 20, 2012 01:02 PM (nELVU)

186 They may make $72K a year, but must kiss the governments ass to continue. Thus their whole life is based on maintaining their freebees from the government. They will never be happy and always complaining about us whom are independent and have a higher QOL. It is a vicious cycle that they are stuck in forever and now must live with it.

Posted by: Wall_E at December 20, 2012 01:02 PM (48wze)

187 uhm, I still like the beans , rice, toilet paper idea better, because if nothing happens we have groceries for several months ,even if a boring diet .

Posted by: ette at December 20, 2012 01:02 PM (nqBYe)

188 >good luck. Ammo is hard to find these days. You'll
be out at least $0.95/round for .223.Should have stocked up 2 years ago
(pats self on back)


Posted by: tangonine at December 20, 2012 01:01 PM (x3YFz)

I'll be looking for 9mm and .40SW

Posted by: Jones in CO at December 20, 2012 01:03 PM (8sCoq)

189 Does Goldschlager count?


My Dad owned 2 liquor stores when I was growing up and they had one bottle of that. No one ever bought it. It fascinated me as a kid.

Posted by: Nevergiveup at December 20, 2012 01:03 PM (79ueO)

190 Housing starts just hit a four year high. Exports at
an all-time high just as corporate profits are. Energy prices falling
and inflation is dead.

DOOMED, I TELL YA!


Posted by: Herbert Hymenhopper at December 20, 2012 12:58 PM (ULNMd)


You are familiar with 1928?

Posted by: DiogenesLamp at December 20, 2012 01:03 PM (bb5+k)

191 More fun quotes from just before the Great Depression started....

Dec. 28, 1929
"Maintenance of a general high level of business in the
United States during December was reviewed today by Robert P. Lamont,
Secretary of Commerce, as a indications that American Industry had
reached a point where a break in New York stock prices does not
necessarily mean a national depression." Associated Press dispatch

Jan. 24, 1930
"Trade
recovery now complete President told. Business survey conference
reports industry has progressed by own power. No Stimulants Needed!
Progress in all lines by the early spring forecast." New York Herald
Tribune

Posted by: Mr. Moo Moo at December 20, 2012 01:03 PM (HDgX3)

192 In a true, Mad Max type dystopian collapse then even lead and iron won't last you very long. Frankly, nothing will - so if we drop to that point then the most valuable thing you can have is a small-ish circle of friends and neighbors upon which you would be willing to bet your life.

I don't think we get to that point, at least not in much of the US (though in most cities, we're already there). I'm thinking more like rural (non-city) Mexico at worst. Which will suck, but not Mad Max suck.

Posted by: DocJ at December 20, 2012 01:03 PM (A5uiv)

193 If you are up to your eyeballs in debt (at fixed
rates) don't worry. Pretty soon you'll be able to hawk a stick of gum
and pay off your house.


Posted by: MikeTheMoose is Shrugging at December 20, 2012 01:00 PM (0q2P7)

When we bought our house 4 months ago I acutally made a similar comment to my wife: "As long as we can keep our incomes roughly pegged to inflation, I plan to let inflation handle this mortgage."

Posted by: tsrblke (work) at December 20, 2012 01:03 PM (LzlrF)

194 Posted by: Lord Vader at December 20, 2012 12:45 PM (NIZHJ)

Posted by: Country Singer at December 20, 2012 12:47 PM (L8r/r)

Posted by: rickb223 Let. It. Burn. at December 20, 2012 12:50 PM (GFM2b)


==================================================

Thanks all!

I think I'll stick with my original plan of hoarding whiskey and ammo and building a still.

Posted by: Nighthawk at December 20, 2012 01:04 PM (RSqz2)

195 >>>Gold is no different than paper currency.

That is some stupid sh*t right there. Gold has intrinsic value in industrial process, electronic circuitry and as a decoration (which while you may scoff at, it has been aggressively sought for decorative purposes since before recorded history)

Saying it has 0 intrinsic value because we can't eat it is just laughable.

Posted by: MikeTheMoose is Shrugging at December 20, 2012 01:04 PM (0q2P7)

196 Right. Because Publix is really going to be accepting gold nuggets. Posted by: Burn the Witch

While you can argue that SHTF scenarios are impossible or unlikely, you can't argue that, if one SHTF scenario actually happens, Publix will still be around to refuse your gold.

SHTF does not mean a slow down in the economy. It doesn't mean that things cost a little more.

It means that there is no gas, no electricity, and no business as usual.

Posted by: weft cut-loop at December 20, 2012 01:04 PM (cEtVC)

197 Buy gold stock?>>

For which rifle?

Posted by: Buzzsaw at December 20, 2012 01:04 PM (81UWZ)

198 Diogenes Lamp, et al. How about during FDR's time. The Dow rose after the crash. And then crashed again because of FDR's policies.

Posted by: Anna Puma (+SmuD) at December 20, 2012 01:04 PM (J+mgg)

199 176 Yeah Anna but in hard times people historically learn to be remarkably self-sufficient and don't have money for materials, so the trading of labor becomes somewhat problematic. Also, hi to you

Posted by: DAve at December 20, 2012 01:05 PM (XDC0v)

200 186
They may make $72K a year, but must kiss the governments ass to
continue. Thus their whole life is based on maintaining their freebees
from the government. They will never be happy and always complaining
about us whom are independent and have a higher QOL. It is a vicious
cycle that they are stuck in forever and now must live with it.

Posted by: Wall_E at December 20, 2012 01:02 PM (48wze)

___________________________
I don't buy that for a second. $72K is $72K. Who cares how it's made? This reasoning is why Romney lost. He assumed people on the dole want to get off the dole. He was dead wrong.

Posted by: Mr. Moo Moo at December 20, 2012 01:05 PM (HDgX3)

201 >>>Shit. Better run out to Obsidian Blades R Us and then grab that last stocking stuffer.

I prefer Rite Aid

Posted by: Guy that's really really good at Excel at December 20, 2012 01:05 PM (3ZtZW)

202

I'm investing in Toilet Paper.

I think it will be very valuable.
Even when people are eating their shoes...they still will need toilet paper.

Besides, I don't want to be the one who gets stuck with the job of boiling shit-rags in a big kettle over an open fire.

Posted by: wheatie at December 20, 2012 01:05 PM (K4wCe)

203 Narratives with regard to investment decisions have a way of not working out the way you think they should. People have been panic buying gold and silver for years in anticipation of The End Times. At some point you're suckered into a bubble that forms for the same reason every other bubble has formed - blind, unthinking belief in your own version of the way events will unfold.

Predicting the future of any market is pure folly. Just ask anyone that was buying silver 18 months ago and has since seen Obama re-elected and the financial condition of the country continue to decline, meanwhile the value of their silver has fallen by 40% and stocks, bonds and real estate (REITs) have all rallied. In short, consider the possibility that your vision of the future could be wrong before getting in too deep.

Posted by: Gristle Encased Head at December 20, 2012 01:05 PM (+lsX1)

204 Does Goldschlager count?

Posted by:George Orwell l at December 20, 2012 12:59 PM (Lxw+T)


Yes, but not for the Gold Content.



Posted by: DiogenesLamp at December 20, 2012 01:06 PM (bb5+k)

205 What are you - retarded? How do I know that's even gold? What else do you have to trade? I need .30-06 bullets or nails. I might be willing to risk getting screwed on the case Of food if the gold isn't real, but I ain't giving change for a fuckin $1,700 coin, pal. You want the case or not? :::hands over coin:::
Posted by: Empire of Jeff at December 20, 2012 12:56 PM (g5jxH)


-----------------------------------------------


Good point. If one is going to be using a $1700 coin to buy something, there's going to have to be $1700 worth of goods in front of him. No one is going to have change if the dollar is worthless.

There's also the risk of "instant inflation" if someone pulls out a gold coin to pay for something.

Posted by: Soona at December 20, 2012 01:06 PM (2xh3G)

206 They may make $72K a year, but must kiss the governments ass to continue.


We had a client come in a few months ago all up in arms because the Feds were asking for various documents to audit her usage of benefit funds. We explained to her that, yes, they could do that and, yes, she had to comply. She was simply livid that the government was giving her money and then had the temerity to ask her to confirm she was using it for the purposes for which it was intended. I nearly bit through my tongue trying not to yell no it's not when she started up the but it's my money they can't tell me what to do rant.

Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:06 PM (VtjlW)

207
I read an article somewhere (was it here, I never can remember) that the reason that retail sales this holiday season still seem to be doing well is because most people have said "eff it" and are just going more into personal credit debt to buy more stuff.

Posted by: ParanoidGirlInSeattle at December 20, 2012 01:06 PM (RZ8pf)

208 Joke's on you guys - Tulips is where its at!

Posted by: uterus cannon at December 20, 2012 01:06 PM (3ZtZW)

209 They made everyone sell all their gold in this country before.

Posted by: Butters at December 20, 2012 01:06 PM (NIZHJ)

210 That is some stupid sh*t right there. Gold has
intrinsic value in industrial process, electronic circuitry and as a
decoration (which while you may scoff at, it has been aggressively
sought for decorative purposes since before recorded history)

Saying it has 0 intrinsic value because we can't eat it is just laughable.


Posted by: MikeTheMoose is Shrugging at December 20, 2012 01:04 PM (0q2P7)

++++++++++++++++
Well you stock up on gold and see how much use you can get out of it when you're creating electronic circuitry while the masses are starving around you. Gold is as useful as a Picasso in an economic panic, that is to say useless.

Posted by: Mr. Moo Moo at December 20, 2012 01:06 PM (HDgX3)

211 Posted by: wheatie at December 20, 2012 01:05 PM (K4wCe)

I have a year supply of TP on hand for myself. If a female shows up, I have a month's supply.

Posted by: Country Singer at December 20, 2012 01:07 PM (L8r/r)

212 You are familiar with 1928?

Shouldn't we be getting quotes from 1936? I think next year is the 1937 redux.

Posted by: t-bird at December 20, 2012 01:07 PM (FcR7P)

213 The argument occurring here is the old argument of "is gold money" and conversely, "is silver money."

It's this simple. For all of human history, with a few exceptions, the answer has always been yes.

The exceptions are fiat money systems, all of which have were put in place to create debt bubbles and they then collapsed. The longest running fiat money system in history is the US dollar, running from 71 (when weren't off gold entirely) until today. And look what happened. Huge debt bubbles, politicians using fiat to fund unsustainable spending, ongoing currency devaluation... A
Exactly identical to what happened all the other times it was tried.

And the last step is always... Collapse... But it's different this time, right?

It wouldn't be so sad if the talking points being repeated by the fiat crowd weren't the exact talking points you've been feed since grade school, in schools.

Gold as an investment/hedge only works when a person has savings. The reason most Americans don't get it is because they have no savings, so the concept of saving money (in a non paper form) is meaningless to them.

The debate is often resolved simply-- ask a denier, "are you a debt slave, or do you have savings?". The answer is in invariably the 1st, they're debtors, not savers. Which is why they don't get gold/silver, because the devaluation if our currency (80% since 1971) benefits them.

Dollar denominated savings are a bet on Obama and the federal reserve.

Posted by: Hopeless at December 20, 2012 01:07 PM (dNkDl)

214 I nearly bit through my tongue trying not to yell
no it's not it's my fucking money you stupid bitch when she started up the but it's my money they can't tell me
what to do rant.

Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:06 PM (VtjlW)


FIFY

Posted by: BCochran1981 at December 20, 2012 01:07 PM (da5Wo)

215 >>>In short, consider the possibility that your vision of the future could be wrong before getting in too deep.

Best advice. Buy the stuff you would buy with gold first (So long as it is durable). Those things you can always sell if you decide you don't need them.

Posted by: MikeTheMoose is Shrugging at December 20, 2012 01:08 PM (0q2P7)

216 That is some stupid sh*t right there. Gold has
intrinsic value in industrial process, electronic circuitry and as a
decoration (which while you may scoff at, it has been aggressively
sought for decorative purposes since before recorded history)

Saying it has 0 intrinsic value because we can't eat it is just laughable.


Posted by: MikeTheMoose is Shrugging at December 20, 2012 01:04 PM (0q2P7)

True, but it's value hasn't been all that stable through recorded history either.I agree that if we go all Wiemar Republic, Gold will get you through (although in that case, I'd be willing to suspect that I could escape just by hocking what I have around the house.) Any large scale collapse and it's value as an "industrial process" material isn't really worth all that much.
Recall, beads once were sought after too.

Posted by: tsrblke (work) at December 20, 2012 01:08 PM (LzlrF)

217 2016 until there is a recovery you say. Hmmm... who will be on his way out (unless he refuses to go) of office by then?

Posted by: TheQuietMan at December 20, 2012 01:08 PM (1Jaio)

218 Dropped for in for a short short.



Glad I did



Hello Monty

Posted by: Vic at December 20, 2012 01:08 PM (53z96)

219 I have a year supply of TP on hand for myself. If a female shows up, I have a month's supply.

Hi, there! Now you have a ten-year supply...

Posted by: Sheryl Crow at December 20, 2012 01:08 PM (FcR7P)

220 Hi DAve, I used a specialist low-tech job for an example. Not many people still have their own forge and skill to heat and bend metal to shod horses.

Posted by: Anna Puma (+SmuD) at December 20, 2012 01:09 PM (J+mgg)

221


Posted by: tsrblke (work) at December 20, 2012 01:00 PM (LzlrF)

Many People are still going to try and do Christmas. Even if it hurts them.



Posted by: DiogenesLamp at December 20, 2012 01:09 PM (bb5+k)

222 Moo Moo -

The stock market was 90% margin in 1929. Then when the bubble popped the Fed jacked rates up. Bernanke personally apologized to Milton Friedman for the Fed's role in exacerbating the Great Depression.

His exact quote:

"Let me end my talk by abusing slightly my status as an official
representative of the Federal Reserve. I would like to say to Milton and
Anna [Schwartz, Friedman's coauthor]: Regarding the Great Depression.
You're right, we did it. We're very sorry. But thanks to you, we won't
do it again."

Posted by: Herbert Hymenhopper at December 20, 2012 01:09 PM (ULNMd)

223 180 I bought .223 @ .28/round 6 weeks ago, and i told everyone here to do likewise, but I was not listened to I guess. Freedom munitions Jones... Hey people your store isn't gonna take bullets for bread either. And see how your tomato holds value. See you in 2 years-

Posted by: DAve at December 20, 2012 01:09 PM (XDC0v)

224
This, my friends, is why I'm still buying gold and silver.
--- And lead , don't forget lead

Posted by: Velvet Ambition at December 20, 2012 01:10 PM (R8hU8)

225 FIFY
Posted by: BCochran1981 at December 20, 2012 01:07 PM (da5Wo)



Okay. Fine. It is conceivable that's what I really wanted to say to her. Possibly.


Oh my stars and garters, it's like you people are familiar with me or somesuch.


Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:10 PM (VtjlW)

226 More fun quotes from the early days of the Great Depression

Nov. 1930
"I see no reason why 1931 should not be an extremely good year." Alfred P. Sloan Jr. General Motors Co.

June 9, 1931 "The depression had ended"- Dr. Julius Klein, Assistant Secretary of Commerce.

Posted by: Mr. Moo Moo at December 20, 2012 01:10 PM (HDgX3)

227 Honestly, some of you people have never thought through this at all. Is this your first end of the world?

We're not playing Survivor Island here. Of course you would not want to hold gold in the absence of everything else. I have land, I have water, I have oil, I have guns and ammunition and some means to replenish them. I have stored food and seeds, and antibiotics and painkillers and food additives and fuel. I'm not going to argue over which of those you should get first. You need all that good shit. And some cash. You ought to have some cash.

But quit squabbling over who's going to trade money for your gold. Once the banking system temporarily suspends operations, the gold is the money. It already was before Croesus stamped his picture on it. And it doesn't just come in one-ounce coins. There are halves, quarters and tenths.

It's not an "investment." It's the money.

I think precious metals are a crummy "investment". For survival scenarios, the best thing to have is old US silver coins (worn is fine, should have a recognizable date so they don't have to be assayed), and a scale.

Posted by: comatus at December 20, 2012 01:11 PM (qaVK+)

228


Ask a denier, "are you a debt slave, or do you have savings?"


Alternative form of question: Are you a debt slave or a fool who believes in the future value of fiat money?

Posted by: imp at December 20, 2012 01:11 PM (UaxA0)

229 Help us Monty...your our only hope!

Posted by: Paladin at December 20, 2012 01:12 PM (WujO7)

230 Posted by: tsrblke (work) at December 20, 2012 01:00 PM (LzlrF)

Many People are still going to try and do Christmas. Even if it hurts them.





Posted by: DiogenesLamp at December 20, 2012 01:09 PM (bb5+k)

Yeah, I generalized. I also didn't speak to people going into debt for Christmas, because all that does is create a false spike in the economy before.....SPLASH!

Posted by: tsrblke (work) at December 20, 2012 01:12 PM (LzlrF)

231 If the US goes all Mad Max, the currency will be

guns
ammo
canned goods
tools
nuts bolts screws nails
gasoline
duct tape
spare automotive parts
tires
OTC drugs
bottled and canned drinks

Posted by: Jones in CO at December 20, 2012 01:12 PM (8sCoq)

232 Okay. Fine. It is conceivable that's what I really wanted to say to her. Possibly.





Oh my stars and garters, it's like you people are familiar with me or somesuch.







Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:10 PM (VtjlW)


Well, it's what I would ha........Stop. Right. There. You're wearing garters?

Posted by: BCochran1981 at December 20, 2012 01:13 PM (da5Wo)

233 I'm with t-bird - we really need to be looking at quotes from 1936, particularly in the run-up to the 1936 election, when the propaganda machine was in full-blown "nothin' but blue skies ahead" mode.

It will remind you of something. Like, something we just lived through.

Plus ca change, plus c'est la meme chose

Posted by: DocJ at December 20, 2012 01:13 PM (A5uiv)

234 I have land, I have water, I have oil, I have guns and ammunition and some means to replenish them. I have stored food and seeds, and antibiotics and painkillers and food additives and fuel.

I give up. Are you Ireland?

Posted by: t-bird at December 20, 2012 01:13 PM (FcR7P)

235 Damn there is no short sort in this thread



The real unemployment rate is well over 10%, as everyone knows,



The real EU is about 21%

Posted by: Vic at December 20, 2012 01:13 PM (53z96)

236 Diogenes Lamp, et al. How about during FDR's time.
The Dow rose after the crash. And then crashed again because of FDR's
policies.


Posted by: Anna Puma (+SmuD) at December 20, 2012 01:04 PM (J+mgg)



The fundamentals say the market should be doing the same now but the market has been untethered from fundamentals for a few years now

Posted by: TheQuietMan at December 20, 2012 01:13 PM (1Jaio)

237 I never said it was the best medium. I was answering the posters question.

It also depends how far down into chaos we go..... if we just go to the Wiemar Repulic level.... gold works.

If we go to Thunderdome..... Id rather have food, water, ammo.... and not in that order.


Posted by: fixerupper at December 20, 2012 01:02 PM (nELVU)

You are absolutely right about this. It does indeed depend on how bad it gets. I'm betting that if it gets bad, it's gonna get very bad.

A friend is buying land. I told him that is a great investment so long as the social and governmental structures can defend his deed. If not, then he will have been better off having used that money to buy useful things.



Posted by: DiogenesLamp at December 20, 2012 01:13 PM (bb5+k)

238 Uh oh AlextheChick, seems BCochran needs an appointment with Polly. Garter fetish who knew...

Posted by: Anna Puma (+SmuD) at December 20, 2012 01:14 PM (J+mgg)

239 Well, it's what I would ha........Stop. Right. There. You're wearing garters?

Glad to know I wasn't the only moron who was asking that question.

Posted by: DocJ at December 20, 2012 01:14 PM (A5uiv)

240 Posted by: BCochran1981 at December 20, 2012 01:13 PM (da5Wo)

Yeah, I had a mental image of garters rising from the tops of stompy boots, too.

Posted by: Country Singer at December 20, 2012 01:15 PM (L8r/r)

241 >>>Gold is as useful as a Picasso in an economic panic, that is to say useless.

At no time in human history, have those who controlled large amounts of human resources NOT sought gold. You are literally speaking of an event with 0 precedence in history.

I for one think the gold market is inflated by panic demand, and would consider it a bad buy against many of its worthwhile competitors in the world of durable commodities. But to say that it is simply no different than dollar bills is simply wrong headed.


Posted by: MikeTheMoose is Shrugging at December 20, 2012 01:15 PM (0q2P7)

242 Garter fetish who knew...


Posted by: Anna Puma (+SmuD) at December 20, 2012 01:14 PM (J+mgg)


It's not a fetish, it's simply good taste. And a working penis.

Posted by: BCochran1981 at December 20, 2012 01:15 PM (da5Wo)

243 The fundamentals say the market should be doing the same now but the market has been untethered from fundamentals for a few years now

Since March 9th, 2009, if my very painful memory serves.

Posted by: t-bird at December 20, 2012 01:15 PM (FcR7P)

244 139 Right. Because Publix is really going to be accepting gold nuggets.

--------

AIUI, and (as always) I may be mistaken, there was a time not that long ago in Argentina where the way you bought things was by clipping links off a gold chain you were carrying around.

Posted by: Citizen Anachronda at December 20, 2012 01:15 PM (IrbU4)

245

By February, you will see a glut of ammo and weapons on the market. This "blue ribbon panel" couldn't find its way out of a wet paper bag, and the fiscal cliff means that government can't artificially jack up ammo prices by buying large quantities.

This isn't the end, morons.

The looters don't riot in the winter.

Posted by: imp at December 20, 2012 01:15 PM (UaxA0)

246 >Stop. Right. There. You're wearing garters?

Not me. Spats and a monocle.

Posted by: Jones in CO at December 20, 2012 01:15 PM (8sCoq)

247 Harry Reid says he will not even let Plan B come to the Senate Floor. So I guess we are all going over that cliff together. Drink up

Posted by: Nevergiveup at December 20, 2012 01:16 PM (79ueO)

248 Diogenes Lamp, et al. How about during FDR's time.
The Dow rose after the crash. And then crashed again because of FDR's
policies.


Posted by: Anna Puma at December 20, 2012 01:04 PM (J+mgg)


We have someone worse than FDR now.

Posted by: DiogenesLamp at December 20, 2012 01:16 PM (bb5+k)

249 >Yeah, I had a mental image of garters rising from the tops of stompy boots, too.


change that to thigh high fishnets and we're in business

Posted by: Jones in CO at December 20, 2012 01:17 PM (8sCoq)

250 I think BCochran just got the thread winner.

Posted by: Anna Puma (+SmuD) at December 20, 2012 01:17 PM (J+mgg)

251 Herbert:

You're right the fed fucked things up in the 30s. Now they're fucking it up twice as hard by printing trillions of dollars. Countries withstand deflation OK which is what happened in the 30s. It's harsh but it clears out excesses which is good long term. Inflation does nothing good for the economy. And inflation is rampant right now. Oh oh oh but CPI is only 1.6% you say. Sure the price of an Ipad falls every year. And so does the price of a 90" TV which is $1000 cheaper today than it was last year. And if you're in the market for an Ipad and a 90" TV, great. BUt if you're in the market for bread, for milk, for baby formula, for dog food, for electricity, you're paying about 10% more on average than you did last year. But hey who needs electricity and food when you have a cheap 90" TV?

Posted by: Mr. Moo Moo at December 20, 2012 01:17 PM (HDgX3)

252 checking in late to say: MONTY!

Posted by: dIb at December 20, 2012 01:17 PM (aRwtY)

253 Diogenes Lamp, et al. How about during FDR's time.
The Dow rose after the crash. And then crashed again because of FDR's
policies.


Posted by:Anna Puma at December 20, 2012 01:04 PM (J+mgg)


Also, we have far worse people (childish citizens) than did FDR.

Posted by: DiogenesLamp at December 20, 2012 01:18 PM (bb5+k)

254 The problem with progressives isn't their willful stupidity, it's their demand that everyone join in.

Herb, may you and your family be the first casualties in whatever catastrophes are to come.

Posted by: weft cut-loop at December 20, 2012 01:18 PM (cEtVC)

255 The exceptions are fiat money systems, all of which have were put in
place to create debt bubbles and they then collapsed.


Right, this is the same bullshit Monty used to spin. All fiat currencies in the history of the world have eventually collapsed. Except for, you know, the US dollar, the Canadian dollar, the British pound, Swiss franc, Australian dollar, New Zealand dollar, etc. Except for all the exceptions, they've all collapsed!!

Posted by: Gristle Encased Head at December 20, 2012 01:18 PM (+lsX1)

256 You're wearing garters?

Posted by: BCochran1981 at December 20, 2012 01:13 PM (da5Wo)

And those cute little "star" pasties!

Posted by: CharlieBrown'sDildo at December 20, 2012 01:18 PM (GsoHv)

257 If we're borrowing 6% of GDP and getting 2% GDP growth what's the real GDP?

Posted by: Donald Duck in Mathmagic Lanfd at December 20, 2012 01:19 PM (XDC0v)

258 The fundamentals say the market should be doing the same now but the market has been untethered from fundamentals for a few years now
Posted by: TheQuietMan at December 20, 2012 01:13 PM (1Jaio)


------------------------------------------------


I've been using the stock market numbers as a measurement of government growth. Because that's really all it's connected to now.

Posted by: Soona at December 20, 2012 01:19 PM (2xh3G)

259
Took the wife to a bra fitting yesterday. 32FF

Tits have intrinsic value.

Posted by: jwest at December 20, 2012 01:19 PM (ZDsRL)

260 An FYI the large bulk rice bags coming from out of the country still might have larva eggs of some type in it. I just dumped the bags as is in a Plastic box to keep the mousees out of it, and noticed little dark spots thru the bag. Had them for a long while. Domestic rice in smaller bags, no problem.

Posted by: Paladin at December 20, 2012 01:19 PM (WujO7)

261
I'm having a PJ cookie baking party for the end of the world. I figure if it really does happen I want to be in comfy clothes and eating yummy cookies.


And I agree with alexthechick, I find the folks saying there is no inflation to be really annoying because anyone who grocery shops and cooks has noticed that not only is food going up in price, but the amount we are getting in the packages is going down.

Plus I'm really mad about the cotton shortage because now everything is a blend again, just EXACTLY like in the 1970s. I don't want to die in a polyester blend shirt dammit.

Posted by: ParanoidGirlInSeattle at December 20, 2012 01:19 PM (RZ8pf)

262 Oh look, unexpectedly jobless claims rose again. Shocking.

Posted by: Mr. Moo Moo at December 20, 2012 01:20 PM (HDgX3)

263 checking in late to say: MONTY!

It wouldn't be Mayan SMOD's Eve without Monty, would it?

Posted by: t-bird at December 20, 2012 01:20 PM (FcR7P)

264 Stop. Right. There. You're wearing garters?
Posted by: BCochran1981 at December 20, 2012 01:13 PM (da5Wo)



A lady never tells. And neither do I.

Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:20 PM (VtjlW)

265 I think I'm having a stroke. Garters & stompy boots? Errrrp.

Posted by: rickb223 Let. It. Burn. at December 20, 2012 01:21 PM (GFM2b)

266 In short, consider the possibility that your vision of the future could be wrong before getting in too deep.


Posted by: Gristle Encased Head at December 20, 2012 01:05 PM (+lsX1)


And this is why I advocate dual use purchases. Plan your purchases so that they will be beneficial with or without a total financial collapse. Smart food shopping will always yield a future return. (Unless the price of food dips, which I really, really, really do not expect to happen.)



Posted by: DiogenesLamp at December 20, 2012 01:21 PM (bb5+k)

267 But hey, unemployment dipped below 8% before election day, no?

Posted by: MSM at December 20, 2012 01:21 PM (Y5I9o)

268 This might be instructive for individuals what to expect. Except, we have no IMF to bail us out.

http://tinyurl.com/ngmtba


Posted by: wg at December 20, 2012 01:21 PM (aouqk)

269 Monty!


I have some bourbon for you!



Posted by: Man hwo like bourbon at December 20, 2012 01:21 PM (53z96)

270 They took food and gas out of the things they measure for inflation. Why???

Posted by: Donald Duck in Mathmagic Lanfd at December 20, 2012 01:21 PM (XDC0v)

271 Right, this is the same bullshit Monty used to spin.
All fiat currencies in the history of the world have eventually
collapsed. Except for, you know, the US dollar, the Canadian dollar, the
British pound, Swiss franc, Australian dollar, New Zealand dollar, etc.
Except for all the exceptions, they've all collapsed!!


Posted by: Gristle Encased Head at December 20, 2012 01:18 PM (+lsX1)

_____________________________________
So if something hasn't happened yet, it can't ever happen. Is that your theory?

Posted by: Mr. Moo Moo at December 20, 2012 01:21 PM (HDgX3)

272 270
They took food and gas out of the things they measure for inflation. Why???

Posted by: Donald Duck in Mathmagic Lanfd at December 20, 2012 01:21 PM (XDC0v)

________________
Because food and gas are used by so few people, they decided it wasn't important enough to measure. Now iPads on the other hand are used by 100% of the population, so they're included.

Posted by: Mr. Moo Moo at December 20, 2012 01:22 PM (HDgX3)

273 They made everyone sell all their gold in this country before.


Posted by: Butters at December 20, 2012 01:06 PM (NIZHJ)


And this is a good point. FDR took the gold. Barry can do the same thing.



Posted by: DiogenesLamp at December 20, 2012 01:22 PM (bb5+k)

274 A lady never tells. And neither do I.

Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:20 PM (VtjlW)


I have cookies.


And a workaround for the Lysene Contingency.

Posted by: BCochran1981 at December 20, 2012 01:23 PM (da5Wo)

275 Man hwo like bourbon

Yes....yes you do.

Posted by: eleven at December 20, 2012 01:23 PM (KXm42)

276 well I tried

Posted by: Man who does typos at December 20, 2012 01:23 PM (53z96)

277 Gold and silver, I dunno. I expect I couildn't buy squat with it even it all did somehow crash and just mentioning I had any would get me a visit, not from the government but from some MS-13 gang.

It plays a role but it ain't central to anything. It depends on what you're seeing ahead. If I thought some Iron Curtain was about to descend I'd want some so I could have a negotiable to jump the border and a little grub stake. But that takes a significant value of metals to do right.

If I'm holing up here I'd want other things. Like in the event of a crash I'd want health first, skills second, family third, and land. Only other event I could see where gold would be what I want is if I intended to buy during a Weimar-style fire sale. Admittedly, that would be sweet.

Posted by: uterus cannon at December 20, 2012 01:23 PM (3ZtZW)

278 People will still need a medium of exchange when the economy starts rebuilding. Coins with recognized value will be the easiest to exchange. Gold and silver will be valuable for the exact same reasons they have been valuable for all of civilization- their use, their recongized value, easy exchange, difficult to fake.

Posted by: Matt from CO at December 20, 2012 01:23 PM (HdB1a)

279 Because food and gas screws the report like the moron horde & Kate Upton.

Posted by: rickb223 Let. It. Burn. at December 20, 2012 01:23 PM (GFM2b)

280 So yesterday the Horde was discussing my benevolent(ish) dictatorship and my tits and today the Horde is discussing my theoretical garter wearing.


Carry on.


Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:23 PM (VtjlW)

281 Brit Hume ‏@brithume

Why is the White House so worked up about Boehner's plan B, considering the Senate won't take it up pres would veto anyway? Think about it

Posted by: Jones in CO at December 20, 2012 01:24 PM (8sCoq)

282
280
So yesterday the Horde was discussing my benevolent(ish) dictatorship
and my tits and today the Horde is discussing my theoretical garter
wearing.





Carry on.







Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:23 PM (VtjlW)


I missed tits?!?!? DAMMIT!!!

Posted by: BCochran1981 at December 20, 2012 01:24 PM (da5Wo)

283 Monty come back


Come back Monty



I'm sorry it was a shitty Western


Posted by: Vic at December 20, 2012 01:25 PM (53z96)

284 and what will you accept as currency for your gold?


Pointy elbowed cheerleaders!

Posted by: Paladin at December 20, 2012 01:25 PM (WujO7)

285
245

By February, you will see a glut of ammo and weapons on the market.

February?
SMOD may be actually making an appearance in February.

According to SpaceWeather...we will be seeing an incoming meteor that passes by us at 0.09 LD's on February 15th.
[LD = Lunar Distances]
So...0.09 LD...that's awfully damn close.

Posted by: wheatie at December 20, 2012 01:25 PM (K4wCe)

286 Hi Monty!

Posted by: baldilocks via iPad at December 20, 2012 01:25 PM (Su0W2)

287 Queen AlextheChick I, the male Horde is easily distracted by your radiant beauty. Your rapier wit. And garter clad stompy boots.

Posted by: Anna Puma (+SmuD) at December 20, 2012 01:25 PM (J+mgg)

288 Gold?
Psh.
Invest in smooth, hand-sized stones.

SHSS will go through the roof.

Posted by: CAC at December 20, 2012 01:26 PM (5eIGj)

289 Invest in Silver Tips, they travel Faster...

Posted by: Clemenza at December 20, 2012 01:26 PM (Q8Pu5)

290 Gold bugs,

Do some research on the black market in Cuba, USSR, N. Korea, etc. You'll find out gold is/was non-existent in those markets. Nobody needed or wanted shiny metals when they could barely get enough to eat every day.

Posted by: Mr. Moo Moo at December 20, 2012 01:26 PM (HDgX3)

291 So if something hasn't happened yet, it can't ever happen. Is that your theory?

Apparently reading isn't your strong suit. I'm pointing out that the claim that "all fiat currencies have collapsed" is obviously bullshit. But please don't let trivial details like "facts" or "reality" interrupt your hysteria.

Posted by: Gristle Encased Head at December 20, 2012 01:26 PM (+lsX1)

292 Because food and gas screws the report like the moron horde Kate Upton.

So, I must have missed the memo - when did Kate supplant the lovely Christina Hendricks as the AoSHQ go-to "cute girl with large sweater-meat" reference?

Posted by: DocJ at December 20, 2012 01:26 PM (A5uiv)

293 @234 I give up. Are you Ireland?

Silly, I said I had cash. You know what the capital of Ireland is?

Imp, there hasn't been a glut of any weapon or ammunition since 1994. I will be thrilled, in a way, if you turn out to be right. But then, I'm not holding Ruger or S and W stock. It would be a shame for gunmakers to weather what they're going through this week, and then lose it all in a market collapse. Watch Cerberus. I'd bet they keep a hand in, in some way that doesn't show much.

Do you wonder what the California teachers' retirement fund will invest in, after they divest the merchants of death? Abortion clinics, maybe.

Posted by: comatus at December 20, 2012 01:27 PM (qaVK+)

294 Right, this is the same bullshit Monty used to spin. All fiat currencies in the history of the world have eventually collapsed. Except for, you know, the US dollar, the Canadian dollar, the British pound, Swiss franc, Australian dollar, New Zealand dollar, etc. Except for all the exceptions, they've all collapsed!!Posted by: Gristle Encased Head at December 20, 2012 01:18 PM (+lsX1)


------------------------------------


When the dollar finally augers in, the rest of these currencies will too. All of them are connected to the dollar one way or the other.

The earth will become flat again.

Posted by: Soona at December 20, 2012 01:27 PM (2xh3G)

295 >So...0.09 LD...that's awfully damn close.


Posted by: wheatie at December 20, 2012 01:25 PM (K4wCe)

back of the envelope calculations say 21,501 miles
if the cosmos so much as breathes on it, could be a bad day

Posted by: Jones in CO at December 20, 2012 01:28 PM (8sCoq)

296 Do you wonder what the California teachers' retirement fund will invest in, after they divest the merchants of death? Abortion clinics, maybe.
Posted by: comatus at December 20, 2012 01:27 PM (qaVK+)
A chain of bathhouses.

Posted by: Jay Guevara at December 20, 2012 01:28 PM (4u2LN)

297

how about sacks of flour?

Posted by: soothsayer at December 20, 2012 01:28 PM (Oad2m)

298 And for the Eisenhower dollars, you have to know whether they're silver or not. The S mintmark does not prove that they're silver- some are, some aren't. You have to examine the edge to recognize them- the worthless nickel-clad ones have the same kind of coloring as a modern quarter. The silver ones will look silver all the way through.

Posted by: Matt from CO at December 20, 2012 01:28 PM (HdB1a)

299
Hey, the DOOMeister is back! And just in time for the EoTW, which really will be televised.

Oh, and on the UE rate, we were told back in '09 that this would be the "new normal," yet someone voted not to stop it, but to make sure we had more of it.

We are well and truly screwed.

Posted by: BackwardsBoy, who did not vote for this shit. at December 20, 2012 01:28 PM (yiIja)

300 Silver Tips could take care of werewolves and vampires if prepared properly.

Posted by: rickb223 Let. It. Burn. at December 20, 2012 01:28 PM (GFM2b)

301 I'm looking forward to hyperinflation. Here's a silver quarter, that oughta cover my student loans..

Posted by: Cato at December 20, 2012 01:28 PM (oxNxk)

302 And you don't need a single currency to have a marketplace just like you don't need a world currency to have global trade. You'll have a market place with an exchange rate very fast. 3 chickens = 10 gallons of water. 1 loaf of bread = 1/4 pound of beef. Whatever.

You don't need it all to be converted to gold first.

Posted by: Mr. Moo Moo at December 20, 2012 01:28 PM (HDgX3)

303

beads?

sea shells?

Posted by: soothsayer at December 20, 2012 01:28 PM (mr2ZC)

304

beads?

sea shells?

Posted by: soothsayer at December 20, 2012 01:28 PM (5UHkX)

305 So yesterday the Horde was discussing my benevolent(ish) dictatorship
and my tits and today the Horde is discussing my theoretical garter
wearing.


I must have been in a coma during that conversation. Dang.

Posted by: DocJ at December 20, 2012 01:29 PM (A5uiv)

306 The "story"


Monty gets 12-hundred hits in an hour.




Posted by: Vic at December 20, 2012 01:29 PM (53z96)

307 By February, you will see a glut of ammo and weapons on the market. This
"blue ribbon panel" couldn't find its way out of a wet paper bag, and
the fiscal cliff means that government can't artificially jack up ammo
prices by buying large quantities.


I'm hoping that a lot of the people currently panic buying ARs but never so much as take them to the range decide to sell them in a couple of months when they see that an "assault weapon" ban isn't happening.

Not that I really need another gun, but since when does "need" have anything to do with it?

Posted by: Hollowpoint at December 20, 2012 01:29 PM (SY2Kh)

308

how much will the top hat and thimble from Monopoly be worth?

Posted by: soothsayer at December 20, 2012 01:29 PM (gQJLM)

309 Dublin.

Posted by: eleven at December 20, 2012 01:30 PM (KXm42)

310 216 Recall, beads once were sought after too.

------------

And salt. Don't forget salt. Which is the *real* reason Bloomberg wants it outlawed.

Posted by: Citizen Anachronda has a gold foil hat for when tin foil isn't good enough at December 20, 2012 01:30 PM (NmR1a)

311 Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:23 PM (VtjlW)

What about your tits?

Posted by: CharlieBrown'sDildo at December 20, 2012 01:30 PM (GsoHv)

312 >So, I must have missed the memo - when did Kate
supplant the lovely Christina Hendricks as the AoSHQ go-to "cute girl
with large sweater-meat" reference?


Posted by: DocJ at December 20, 2012 01:26 PM (A5uiv)

I, for one, 'believe' Kate's boobs. Cristina's owe their success, I believe, to high performance undergarments.

Posted by: Jones in CO at December 20, 2012 01:30 PM (8sCoq)

313 >>>Invest in smooth, hand-sized stones.

Really. WTF was that? That whole thread was nuts.

Posted by: uterus cannon at December 20, 2012 01:30 PM (3ZtZW)

314 So...0.09 LD...that's awfully damn close.

Geo-stationary orbit. Yep, that is awfully close.

Saw a huge green one last evening while driving home. Thought it was an aircraft out of corner of my eye, but it's brightness made me look over at it. There's no way that thing didn't reach the ocean.

Posted by: t-bird at December 20, 2012 01:30 PM (FcR7P)

315 309
Dublin.

Posted by: eleven at December 20, 2012 01:30 PM (KXm42)



Ben there

Posted by: Vic at December 20, 2012 01:31 PM (53z96)

316 If there's a complete collapse and no economy exists at all, then the fact that I exchanged dollars for silver and gold isn't really going to hurt me much. If we're talking "The Road" level of collapse it doesn't matter what you bought with your currency. I buy gold to protect from rampant inflation, and silver coins to act as easy currency in the event of partial societal breakdown.

Posted by: Matt from CO at December 20, 2012 01:31 PM (HdB1a)

317 Apparently reading isn't your strong suit. I'm
pointing out that the claim that "all fiat currencies have collapsed" is
obviously bullshit. But please don't let trivial details like "facts"
or "reality" interrupt your hysteria.


Posted by: Gristle Encased Head at December 20, 2012 01:26 PM (+lsX1)

_____________
Chill the fuck out. If you haven't noticed I'm anti-gold myself. Your claim is still if it hasn't happened before it can't happen ever. No shit the $USD hasn't collapsed. Doesn't mean it can't or won't in the future. I don't know if it will or won't. But I'm not going to say I can predict the future with 100% certainty and say it will NEVER happen.

Posted by: Mr. Moo Moo at December 20, 2012 01:31 PM (HDgX3)

318 >>>Not that I really need another gun, but since when does "need" have anything to do with it?

Just hate the 5.56 round....with the heat of 1000 suns. Probably will never own an AR15 or the like because of that.

Posted by: MikeTheMoose is Shrugging at December 20, 2012 01:31 PM (0q2P7)

319 Queen AlextheChick I, the male Horde is easily distracted by your radiant beauty. Your rapier wit. And garter clad stompy boots.
Posted by: Anna Puma (+SmuD) at December 20, 2012 01:25 PM (J+mgg)



Also squirrels so I must take that into consideration.


Okay, because I feel like poking the Horde, I will admit that back when I was college and weighed, well, let's just say less than I do now, I was known to prefer stockings to pantyhose.


Do. Not. Get. Me. Started. on how it is now apparently acceptable to go out in public in a skirt, heels and no hose. No. No no no no no no no no no. No.


See how much better stockings are! See! http://bit.ly/YpZdt9 (MSFW) [ also you're welcome ]


I hereby granted directed verdict in my favor. Res judicata, bitches!

Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:31 PM (VtjlW)

320
288 Gold?
Psh.
Invest in smooth, hand-sized stones.

Posted by: CAC at December 20, 2012 01:26 PM (5eIGj)

Hey, it worked for David. And he only needed one.

Posted by: baldilocks via iPad at December 20, 2012 01:31 PM (Su0W2)

321 303




beads?



sea shells?





Posted by: soothsayer at December 20, 2012 01:28 PM (mr2ZC)

304




beads?



sea shells?





Posted by: soothsayer at December 20, 2012 01:28 PM (5UHkX)

How you do that?

Posted by: eleven at December 20, 2012 01:31 PM (KXm42)

322 Except for, you know, the US dollar, the Canadian dollar, the British
pound, Swiss franc, Australian dollar, New Zealand dollar, etc.


Slow burn. What was the US dollar worth back in 1910? 40X 50X what it is today?

Posted by: @PurpAv at December 20, 2012 01:31 PM (52dU3)

323 "Not that I really need another gun..."

Posted by: Hollowpoint at December 20, 2012 01:29 PM (SY2Kh)

That's just crazy talk!

[I'm hoping the same thing. But the question is: what market will they hit?]

Posted by: CharlieBrown'sDildo at December 20, 2012 01:31 PM (GsoHv)

324 1964 was the last year for silver US coins. 1965 to present they area merely clad in silver with a base metal core.

Posted by: Anna Puma (+SmuD) at December 20, 2012 01:32 PM (J+mgg)

325 how about sacks of flour?>>

Where how do you plan on storing them?

Posted by: Bo Wevil at December 20, 2012 01:32 PM (81UWZ)

326 How you do that?

Posted by: eleven


Ask him after he gets out of the barrel.

Posted by: weft cut-loop at December 20, 2012 01:33 PM (cEtVC)

327 :::255 The exceptions are fiat money systems, all of which have were put in
place to create debt bubbles and they then collapsed.

Right, this is the same bullshit Monty used to spin. All fiat currencies in the history of the world have eventually collapsed. Except for, you know, the US dollar, the Canadian dollar, the British pound, Swiss franc, Australian dollar, New Zealand dollar, etc. Except for all the exceptions, they've all collapsed!!
Posted by: Gristle Encased Head at December 20, 2012 01:18 PM (+lsX1):::

Even the Mexican peso didn't really "collapse" in the 90s. The currency got extremely devalued, Mexico nearly defaulted on it's debt, and a new peso was issued, trading 1:1000 against the old peso.

FYI. Clinton bailed out Mexico, and they repaid all the loans ahead Of schedule. Obama's buyout of GM not only stiffed the bond holders, but will cost the taxpayers a $40B loss in GM's share buy back.

Posted by: Empire of Jeff at December 20, 2012 01:33 PM (g5jxH)

328 @318 you can get an AR in 6.5 creedmore or 308 or you got cash you can get the creedmore for 2K

Posted by: Clemenza at December 20, 2012 01:34 PM (Q8Pu5)

329 >>>Hey, it worked for David. And he only needed one.

But he had five. What if he would have snapped!? Where is the protection from these assault slings!? Our children have them for crying out loud!?

Posted by: MikeTheMoose is Shrugging at December 20, 2012 01:34 PM (0q2P7)

330 Do. Not. Get. Me. Started. on how it is now
apparently acceptable to go out in public in a skirt, heels and no hose.

Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:31 PM (VtjlW)

Are you my wife?

She goes apoplectic when she sees women in her business go without.

Posted by: CharlieBrown'sDildo at December 20, 2012 01:34 PM (GsoHv)

331 I, for one, 'believe' Kate's boobs. Cristina's owe their success, I believe, to high performance undergarments.


Posted by: Jones in CO at December 20, 2012 01:30 PM (8sCoq)



From Hendrick's leaked cell pics.



NSFW



http://tinyurl.com/7w7m8vn



Look just fine to me.

Posted by: BCochran1981 at December 20, 2012 01:34 PM (da5Wo)

332
I believe that happens when two similar Universes are perfectly in sync.

Posted by: soothsayer at December 20, 2012 01:34 PM (gQJLM)

333 The takers don't care about any of this stuff. The "economy" is just a bunch of numbers manipulated by the rich. As long as that paper still buys them some weed, crack, or Fritos, they coukld care less. Work? That's for suckers.

Posted by: Damn Sockpuppet at December 20, 2012 01:34 PM (YmPwQ)

334 307 If that's your bet then I wish you luck. I'm hedging mine. Remember we're talking about people who are obsessed with fucking with you- are you so sure that they're completely incompetent and powerless? I would say don't pay hyper-inflated prices unless you seriously need to. Panic buyers and sellers lose money.

Posted by: Donald Duck in Mathmagic Lanfd at December 20, 2012 01:34 PM (XDC0v)

335 I want to know why the response to Massive Headwound Hillary wasn't,

Oh, I'm so sorry. No, you get some rest. We'll wait till you feel better, than we'll question you. If you cannot make it in, we'll arrange for a hospital room deposition.

Posted by: K-Bob at December 20, 2012 01:35 PM (VizQx)

336 What about your tits?


Posted by: CharlieBrown'sDildo at December 20, 2012 01:30 PM (GsoHv)


Its not nice if there you ask if there are tits.

You must ask how big they are
NSFW
http://is.gd/efQgFF




Posted by: Vic at December 20, 2012 01:35 PM (53z96)

337 Moo Moo

I buy milk at my local Aldi for $1.99/gal. Dairy product prices are the same as they were eight years ago.

With energy, real estate, labor prices flat there can be no inflation.

Posted by: Herbert Hymenhopper at December 20, 2012 01:35 PM (ULNMd)

338 From Hendrick's leaked cell pics.

That was my impression too, B. But I'm at work and can't access such evidence. Knew you'd come through.

To borrow a line from a show I really never liked, "They're real, and they're spectacular."

Posted by: DocJ at December 20, 2012 01:36 PM (A5uiv)

339 There is no indication that those are Christina Hendrick's boobs.

But I will believe. I believe.

Posted by: eleven at December 20, 2012 01:36 PM (KXm42)

340 Calling all 'ettes!!!

http://tinyurl.com/ck6utw2

It's for your own health, ladies. Why take any chances? I'll be glad to help!

Posted by: EC at December 20, 2012 01:36 PM (doBIb)

341 329 >>>Hey, it worked for David. And he only needed one.

But he had five. What if he would have snapped!? Where is the protection from these assault slings!? Our children have them for crying out loud!?
Posted by: MikeTheMoose is Shrugging at December 20, 2012 01:34 PM (0q2P7)

Heh. BTW, the other four were for Goliath's brothers.

Posted by: baldilocks via iPad at December 20, 2012 01:37 PM (Su0W2)

342 Reid dismisses senate for Christmas to avoid vote on plan B.

And that, boys and girls, is a wrap.

LIB just became national policy.

Posted by: Hopeless at December 20, 2012 01:37 PM (BnWeG)

343 Okay, because I feel like poking the Horde, I will
admit that back when I was college and weighed, well, let's just say
less than I do now, I was known to prefer stockings to pantyhose.





See how much better stockings are! See! http://bit.ly/YpZdt9 (MSFW) [ also you're welcome ]





I hereby granted directed verdict in my favor. Res judicata, bitches!

Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:31 PM (VtjlW)

Res Ipsa Loquitur

Posted by: BCochran1981 at December 20, 2012 01:37 PM (da5Wo)

344 silver coins to act as easy currency in the event of partial societal breakdown.

I believe the old silver Spanish "pieces of eight" were accepted as legal tender in the US until some time in the 2nd half of the 1800's.

The Spanish 8 was the first currency to attain relatively worldwide acceptance. It was used all over the western world, through Africa, and into the middle east.

Posted by: @PurpAv at December 20, 2012 01:37 PM (52dU3)

Posted by: @PurpAv at December 20, 2012 01:37 PM (52dU3)

346 From Hendrick's leaked cell pics.



NSFW



http://tinyurl.com/7w7m8vn



Look just fine to me.


Posted by: BCochran1981 at December 20, 2012 01:34 PM (da5Wo)



They look perfect to me. Thank you

Posted by: TheQuietMan at December 20, 2012 01:38 PM (1Jaio)

347 Do not knock high performance undergarments. Though I realized that there is a Wonderbra in my size (no, I am not revealing it) and my immediate response was "Why? Do I want to use the twins for shelving or something?"

Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:38 PM (VtjlW)

348


DAMMIT

Posted by: BCochran1981 at December 20, 2012 01:38 PM (da5Wo)

349 BCochran, barrel.

Posted by: Anna Puma (+SmuD) at December 20, 2012 01:38 PM (J+mgg)

350 Jesus, Vic...

You'll shoot your eye out!

Posted by: EC at December 20, 2012 01:38 PM (doBIb)

351 Posted by: Vic at December 20, 2012 01:35 PM (53z96)

I tend to get slapped for questions like that.

Posted by: CharlieBrown'sDildo at December 20, 2012 01:38 PM (GsoHv)

352

I don't believe in any of the sci fi fantasy stuff even though I like sci fi fantasy stuff.

But I do kinda believe in alternate universes, now more so than ever.

I haz a theory. About 60 years ago after WWII, after we began exploding nukes. Our universe crossed streams with an alternate but similar universe. Things that are happening here should be happening there.

Wacky, I know.

Posted by: soothsayer at December 20, 2012 01:39 PM (5UHkX)

353 Reid dismisses senate for Christmas to avoid vote on plan B. And that, boys and girls, is a wrap. LIB just became national policy.
Posted by: Hopeless at December 20, 2012 01:37 PM (BnWeG)


------------------------------------------------


KY lube stocks just went up.

Posted by: Soona at December 20, 2012 01:39 PM (adaEs)

354 I see someone missed the barrel. Chompy will do guard duties this time.

Posted by: alexthechick - SMOD. Burn you all to ashes, SMOD at December 20, 2012 01:39 PM (VtjlW)

355 Christina Hendricks, how needs Red Ryder?

Posted by: Anna Puma (+SmuD) at December 20, 2012 01:39 PM (J+mgg)

356 335 - Hillary will resign prior to testifying citing ongoing health issues. /speculation

Posted by: uterus cannon at December 20, 2012 01:39 PM (3ZtZW)

357 In an apocalypse the only real currency is hobo pelts, and the means to harvest them.

Posted by: Fritz at December 20, 2012 01:39 PM (/ZZCn)

358 Mmmm, DOOM and boobehs in the middle of the afternoon.

Posted by: BackwardsBoy, who did not vote for this shit. at December 20, 2012 01:39 PM (yiIja)

359 Look just fine to me.


Posted by: BCochran1981 at December 20, 2012 01:34 PM (da5Wo)

I want to believe those are hers. But a decent lawyer could get that pic thrown out.
meanwhile I'll save that pic to my laptop WHAT!?

Posted by: Jones in CO at December 20, 2012 01:39 PM (8sCoq)

360 I can't see, my eyes are gone



Posted by: Vic at December 20, 2012 01:39 PM (53z96)

361 @309 Dublin. You are answering "capital of Ireland," right?
Ah, vaudeville dies again.

The capital of Ireland is about 40 British pounds. Dude, that is so old.
You might have at least run "Belfast" up to see if a crossbow went off.

Speaking of British pounds, Gristle, the pound has collapsed several times, at inopportune moments too. Twice in the late 1600's. They went bankrupt fighting the Dutch. The history of English money is a microcosm for the hard-metal argument.


Posted by: comatus at December 20, 2012 01:40 PM (qaVK+)

362 Just hate the 5.56 round....with the heat of 1000 suns. Probably will never own an AR15 or the like because of that.

Yeah, same here. That and the short little 16" barrels that are all the rage right now. The only saving grace of the .223 is the high velocity, so shoot it out of a short barrel that reduces velocity? Doesn't make much sense to me.

That said, they are well suited for close quarters. I'd still be tempted to get one in a more potent caliber though, but then the money factor comes into play...

Posted by: Hollowpoint at December 20, 2012 01:40 PM (SY2Kh)

363 353
Reid dismisses senate for Christmas


Thus proving Democrats were acting in bad faith all along and never had any intention of passing anything.

Posted by: @PurpAv at December 20, 2012 01:41 PM (52dU3)

364 >>>Why? Do I want to use the twins for shelving or something?

So many women, not realizing they have the built in ability to memorize any man they encounter. Just think, you wouldn't have to stomp the men to get stuff out of them, they would just give it to you. Why? If you asked them later they would have no idea.

Posted by: MikeTheMoose is Shrugging at December 20, 2012 01:41 PM (0q2P7)

365

nood pointless post up

Posted by: soothsayer at December 20, 2012 01:42 PM (LINcv)

366 also I think a motorcycle is a better post-apocalyptic vehicle than a car or truck. Mine gets 51mpg and has a range of 300 miles. Tradeoff is, they're for shit in the snow.

Posted by: Jones in CO at December 20, 2012 01:42 PM (8sCoq)

367 Reid dismisses senate for Christmas to avoid vote on plan B

hmm, So tell me what will happen now.
And what would be the next step for Republicans ?

Posted by: ette at December 20, 2012 01:43 PM (nqBYe)

368 Posted by: Bo Wevil at December 20, 2012 01:32 PM (81UWZ)

Heat sealed mylar bags with O2 absorbers inside, then placed into 5gallon buckets. Or so they tell me....

Posted by: Country Singer at December 20, 2012 01:43 PM (L8r/r)

369 @318 you can get an AR in 6.5 creedmore or 308 or you got cash you can get the creedmore for 2K

I've read up a little on the 6.5 Creedmore, seems to be a decent round for an AR platform.

But then you're looking at either spending a lot of time at the reloading bench or paying a premium for the uncommon ammo, in addition to the high price of the rifle itself.

Posted by: Hollowpoint at December 20, 2012 01:44 PM (SY2Kh)

370 Reid dismisses senate for Christmas to avoid vote on plan B.



And that, boys and girls, is a wrap.



LIB just became national policy.

Posted by: Hopeless at December 20, 2012 01:37 PM (BnWeG)




Harry Pederast Reid: Did you say boys?

Posted by: TheQuietMan at December 20, 2012 01:44 PM (1Jaio)

371 EC, I cannot wait until Peaches sees that.

Posted by: comatus at December 20, 2012 01:44 PM (qaVK+)

372 Reid dismisses senate for Christmas

Really? I'd expect some reaction out of the stock market.

Posted by: t-bird at December 20, 2012 01:45 PM (FcR7P)

373 Slow burn. What was the US dollar worth back in 1910? 40X 50X what it is today?

Nobody is saying that a currency can't collapse in value, obviously it can. But so can gold or silver or the relative value of stripped AR-15 uppers. Yes, the dollar has declined in value but the economy is over 400 times larger than it was in 1910. I'm not sure if you've noticed this or not, but people get paid more dollars than they did a hundred years ago. The population today has a higher standard of living than it did in 1910. But still, silver dimes!!

Posted by: Gristle Encased Head at December 20, 2012 01:45 PM (+lsX1)

374 new thread up

Posted by: ette at December 20, 2012 01:45 PM (nqBYe)

375 It's absolutely unfathomable to me.
Posted by: Ferb Fletcher

Same here. I know otherwise rational people who voted for Zero because of single issues....gay marriage, abortion, more environmental controls, etc,
To hell with what's good for the country and the future generations

Posted by: Cheri at December 20, 2012 01:45 PM (G+Wff)

376 I buy milk at my local Aldi for $1.99/gal. Dairy product prices are the same as they were eight years ago.

With energy, real estate, labor prices flat there can be no inflation.


Posted by: Herbert Hymenhopper at December 20, 2012 01:35 PM (ULNMd)

Dude, I shop at Aldi's as well (Sometimes) last I checked milk was higher than that.QuikTrip actually had the cheapest milk for a while (since they don't need staples to cover their margins on lost food.) And even it was running $2.50/gallon or more.

Posted by: tsrblke (work) at December 20, 2012 01:48 PM (LzlrF)

377 I buy milk at my local Aldi for $1.99/gal. Dairy product prices are the same as they were eight years ago.

With energy, real estate, labor prices flat there can be no inflation.


Posted by: Herbert Hymenhopper at December 20, 2012 01:35 PM (ULNMd)

_____________________
What's an Aldi? Never heard of it.

You obviously have zero education in economics since you have no clue what inflation means. I assume you learned economics from HuffPo where unemployment benefits stimulate the economy. There's no reasoning with people like you.
Again, if you're so sure about all this, you have nothing to worry about. Go about your daily business without a care in the world. The $16T debt will just magically erase itself. The 22T debt Social Security has will as well.Ciao.

Posted by: Mr. Moo Moo at December 20, 2012 01:51 PM (HDgX3)

378 I don't know if it's been mentioned yet, but DAMN MONTY! I miss your DOOOOOOOOMMMMM threads.

Posted by: Truck Monkey at December 20, 2012 01:51 PM (jucos)

379 "
They took food and gas out of the things they measure for inflation. Why???"

I am told it is because they are "too volatile".

Posted by: navybrat at December 20, 2012 01:52 PM (6KRjT)

380 A Couple from down the dirt road just hung a bag of Christmas Cookies on my back door.

On a day that I'm fasting for a procedure scheduled for the Last Day of the World.

Some irony in there somewhere.

No cookies though,

for me anyway.....

They aren't Dooming as far as I can tell.

Nice folks.

Posted by: ontherocks at December 20, 2012 01:53 PM (aZ6ew)

381 Somebody was really getting ripped off on milk, eight years ago. Just saying.

Posted by: comatus at December 20, 2012 01:53 PM (qaVK+)

382 Posted by: Mr. Moo Moo at December 20, 2012 01:51 PM (HDgX3)

I actually suspect we won't see much hyperinflation until the economy begins to pick back up.
Several people have analyzed the numbers and determined that the Fed's devaluing is being undercut by Dodd-Frank (since banks need more capital they're holding the money the fed creates for them.)
This is only going to keep happening for so long, the money will be released and it will be a freaking floodgate.

Posted by: tsrblke (work) at December 20, 2012 01:54 PM (LzlrF)

383 Corporate profits in the third quarter rose 17.9% to $1.742 trillion annualized.

Posted by: Hank Johnson at December 20, 2012 01:58 PM (e8kgV)

384 That is why you are still a fool.

Posted by: Gerry at December 20, 2012 02:07 PM (GmYM3)

385 You don't need it all to be converted to gold first.


Posted by: Mr. Moo Moo


The stupid shit is epic on this thread and you're leading the parade.

Gold readily converts to gunmen and pussy, always has, always will.

Posted by: DaveA at December 20, 2012 02:12 PM (Xefrb)

386 Crunching the numbers to see if it is better for me to work or be a welfare baby.

After all I hear unions are paying cash under the table to non-union folks to picket for them. Chaching!

Posted by: Mekan at December 20, 2012 02:12 PM (hm8tW)

387 And speaking of pussy does Ms Radish have any cat washing without bleeding tricks or did doom-kitteh just come in from the rain?

Posted by: DaveA at December 20, 2012 02:13 PM (Xefrb)

388 Unemployment #'s suck and its tough to even give away low wage jobs. Speaking of low wage jobs - I have one next week doing some bar-tending and concession work if there are any loyal readers in the Philadelphia area who aren't completely incompetent, can do math in their head and are unimpeded by other obligations from the 26th to the 30th. .

Posted by: bensdad00 at December 20, 2012 02:14 PM (zpAfQ)

389
*Monty*

Posted by: IllTemperedCur at December 20, 2012 02:22 PM (TIIx5)

390 My sister in law, the retail expert-regional manager of a popular tweener chain, says the malls have been dead and sales not great. The great x-mas season stuff is so much bs.

Posted by: ejo at December 20, 2012 02:25 PM (GXvSO)

391 I think I'll fill my freezer with steaks.

Posted by: Alas Babylon at December 20, 2012 02:27 PM (QupBk)

392 Posted by: Gristle Encased Head at December 20, 2012 01:45 PM (+lsX1)

What I find amusing is that in 1860, it cost about an ounce of gold (equivalent) to buy a good suit...

Today? It costs about an ounce of Gold to buy a good suit....

Gold is NOT an investment, so much as a way to fight the devaluation of the dollar... which with Bernake saying the Fed will continue to monetize the debt to "get unemployment down'... is inevitable.

Posted by: Romeo13 at December 20, 2012 02:36 PM (lZBBB)

393 Good to hear from you, Monty

Yours was my favorite!

Posted by: Dave at December 20, 2012 02:38 PM (nhEck)

394 My feelings about gold and silver are well-known, and if you've ready my stuff in the past you know how I feel about fiat money. However, here is a precis of why I hold precious metals (the actual metal, on my premises):

1. Gold has always held some value. Never once in recorded history has gold been worthless. The opposite is true of every fiat currency ever invented: they all go to zero sooner or later. (Though you can still trade your Confederate dollars for real dollars to collectors, this is numismatic value, not money value.) Gold is durable: it doesn't rot, waste, evaporate, rust, or degrade with time. It is easily divisible, and has well-understood properties. It is useful in non-currency roles (electronics, jewelry, etc.) which gives it an innate value quite apart from its money value.

2. Silver has many of the same benefits of gold, but is much easier to buy and hold.

3. "Innate value" is a slippery term. It's of course true that gold only has value because we agree that it does, but then this is true of everything upon the earth. To a starving man, food in the belly is worth far more than gold in the hand. But on average and over a long time span, gold has held value better than any other commodity in the human inventory.

4. Gold at $1800/oz is not necessarily "worth" more than gold at $700/oz. The real truth is that the US dollar has lost about half its value in the last fifteen to twenty years. In other words, I can only buy about half the gold I used to be able to with the same dollar. There's more gold now than there was then, so it's not a supply issue, and demand is slightly higher now but not enough to exlpain the huge price-jump. Our currency has become terribly degraded...and is on the path to becoming even more so.

5. I don't hold gold or silver as an investment. I don't expect my stocks to appreciate or gain a return in the way I do my other investments. But neither is my dragon-hoard a pure hedge against inflation. My dragon-hoard is my final bulwark against the unknown and the un-knowable: a hedge not against inflation but against the fickle charms of Dame Fortune.

6. The Humongous will only accept gold in return for hostages. If you try to pay him with paper money, he will have the assless-chaps guy kill you.

Posted by: Monty at December 20, 2012 02:52 PM (4Pleu)

395 I'm not necessarily a gold bug, but if you think the dollar is going to collapse, I'd rather take my chances with gold that has been of value for all of mankind's history than paper dollars that are more useful as toilet paper.

The citizens that lived under a currency crisis like Argentina, don't you think the ones that bought physical gold and held on to it came out better than those who held on to their worthless pesos?

I don't understand how anyone can argue with that logic.

I don't think you'll make a fortune off of gold, but you can salvage a lot more than with pieces of paper that are basically IOUs from someone who's completely broke.

Also, usually when countries start flying off the rails, black market economies are what rule the day. Gold is an excellent way to store something of value "off the books".

Posted by: McAdams at December 20, 2012 02:56 PM (Iozfp)

396
Do you mean that buying our own treasury bonds with dollars printed by us will not lead to a stronger dollar?

Posted by: ejo at December 20, 2012 05:00 PM (GXvSO)

397 This post is missing some terminal bonage, or should that be Bo(eh)nage?

Posted by: steveegg at December 20, 2012 06:14 PM (o44nj)

398 Ah Monty! Zat you? Nice to hear from you.

Posted by: Jeff Brown at December 20, 2012 07:19 PM (VEuMW)






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