Employees few and far between.

[BK9954]

When we get down to the nut cuttin' we'll see if you're $900 an ounce gold is worth more than my bushel of taters and if anyone wants to trade for your gold.

But we wont, the dollar will always be strong.

Don't know how strong it will be but it will always be in demand. You can take that dollar to the bank. They will always buy our debt as well. It's a dam good investment. Now turn Glen Beck off for awhile. ;-)

Been out of society the last week, yes Beck is my nightly program, The Blaze is my favorite channel now, I cant even hardly watch Fox anymore. You are dead right on that. Nice debate Texasbred, be good and pray for rain.

 

[TexasBred]

But we wont, the dollar will always be strong.

Don't know how strong it will be but it will always be in demand. You can take that dollar to the bank. They will always buy our debt as well. It's a dam good investment. Now turn Glen Beck off for awhile. ;-)

Been out of society the last week, yes Beck is my nightly program, The Blaze is my favorite channel now, I cant even hardly watch Fox anymore. You are dead right on that. Nice debate Texasbred, be good and pray for rain.

Buddy we got a bit over an inch yesterday....just out of the clear blue. Nice and soaking. Hope you get some soon.

 

[Son of Butch]

back your money with gold, gold, gold, gold, silver, silver, silver, silver. Put your money in commodities. I have very little CASH in the bank, little in 401k. My money is in commodities.

Gold Oct. 22, 2017 $1280
Gold Oct. 22, 2016 $1271
Gold up 0.7% in last 12 months
$10,000 gold now worth $10,070

Stock Market is up 18.64% from year ago
$10,000 in Vanguard total stock index fund a year ago now worth $11,863

11,863 - 10,070 = loss of $1793 for every 10k held in gold vs had you sold the gold and bought a stock index

Hindsight is 20/20 but buying and holding gold/silver is a long term sucker bet because....
Precious metals do not reproduce themselves which makes them poor long term investments. - Warren Buffet


A few lbs of gold in 10 years will still be a few lbs of gold, but a few lbs of rabbits in 10 yrs will be a ton of rabbits.

 

[Son of Butch]

TV commercial for gold was just on...
IF you bought $10,000 worth of gold in 2005 it would've been worth $40,000 by 2012... so buy, buy, buy more gold.
Of course they failed to mention if you bought $10,000 worth of gold in 2012 it would be worth $7,500 today.

 

[Jogeephus]

I regret being talked out of buying gold in 2005. Had three "money people" talk me out of it but I felt the time was right. I should have listened to my gut. Don't think I'd be interested right now.

 

[Son of Butch]

yes, I wanted to buy $5,000 - $10,000 in gold around 2002 to buy and hold, but the place I wanted to deal with
upped their minimum purchase policy to 25k from when I first started looking. Wished I had pulled the trigger earlier
and then when it started moving up I lost interest because it only angered me that I didn't.

 

[Jogeephus]

If I remember right I was looking at $600 an ounce at the time and I figured it couldn't do anything but go up. One guy told me he'd sell me paper gold but I didn't want that. I wanted to run my fingers over it if you know what I mean. Everyone else told me not to do it so I just didn't pull the trigger. One of those many regrets of life seen with the luxury of those rosy hindsight glasses. :lol2: