Rosy expectations RE:US economic, financial and political recovery ( Archived) (98)

Apr 23, 2013 10:40 AM CST Rosy expectations RE:US economic, financial and political recovery
galrads
galradsgalradsDublin, Ohio USA2,264 Threads 279 Polls 36,283 Posts
itsimpossible: I wouldn't bet on no collapse, but who knows a lot more money printing? If gold hits $1,000 I'd buy it...

confused do you mean, buy, if gold drops to $1,000.00 USD per ounce. Presently, it is valued at around $1,400.00 USD per ounce.

wave
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Apr 23, 2013 10:48 AM CST Rosy expectations RE:US economic, financial and political recovery
itsimpossible
itsimpossibleitsimpossibleBrisbane, Queensland Australia4 Threads 777 Posts
yes buy gold if it drops to $1,000.00 USD. I think it will.
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Apr 23, 2013 10:59 AM CST Rosy expectations RE:US economic, financial and political recovery
galrads
galradsgalradsDublin, Ohio USA2,264 Threads 279 Polls 36,283 Posts
itsimpossible: yes buy gold if it drops to $1,000.00 USD. I think it will.


You might find the discussion on gold at this URL interesting......


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Apr 23, 2013 11:26 AM CST Rosy expectations RE:US economic, financial and political recovery
itsimpossible
itsimpossibleitsimpossibleBrisbane, Queensland Australia4 Threads 777 Posts
galrads: You might find the discussion on gold at this URL interesting......http://inflationdata.com/Inflation/Inflation_Rate/Gold_Inflation.asp

Have a read of this;


it'll scare your socks off...
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Apr 23, 2013 11:47 AM CST Rosy expectations RE:US economic, financial and political recovery
galrads
galradsgalradsDublin, Ohio USA2,264 Threads 279 Polls 36,283 Posts
itsimpossible: Have a read of this;


it'll scare your socks off...


Thanks. Yes, the supporting data for gold values is scare. I wish they would separate material holdings from gold stocks and projections. Given the cratering of precious metals, I'm still holding onto my 8,000 pre 1965 U.S. Washington and Liberty quarters.

wave
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Apr 23, 2013 11:52 AM CST Rosy expectations RE:US economic, financial and political recovery
Apr 23, 2013 12:01 PM CST Rosy expectations RE:US economic, financial and political recovery
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Apr 23, 2013 1:00 PM CST Rosy expectations RE:US economic, financial and political recovery
galrads
galradsgalradsDublin, Ohio USA2,264 Threads 279 Polls 36,283 Posts
Conrad73: http://mises.org/daily/5897/Currency-Wars


We're all survivors. I'm happy and content with my level of living so, I sont see myself adding to any greed factor affecting the economy here.

wave
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Apr 23, 2013 1:42 PM CST Rosy expectations RE:US economic, financial and political recovery
DorfKnabe
DorfKnabeDorfKnabelos angeles, California USA1 Threads 41 Posts
galrads: We're all survivors. I'm happy and content with my level of living so, I sont see myself adding to any greed factor affecting the economy here.

On a sort of humorous level it upsets me that nowadays even the mundane
match grade 243 Win or 260 Rem are exorbitantly expensive.......
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Apr 23, 2013 1:48 PM CST Rosy expectations RE:US economic, financial and political recovery
galrads
galradsgalradsDublin, Ohio USA2,264 Threads 279 Polls 36,283 Posts
galrads: My 243 win is 20 years old but I doubt I've put 100 rounds through it. I ran out of ground hogs on farms wher I had permissions to hunt. Dont tell your beloved Feinstein that I reload my own ammo, please.
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Apr 23, 2013 1:56 PM CST Rosy expectations RE:US economic, financial and political recovery
DorfKnabe
DorfKnabeDorfKnabelos angeles, California USA1 Threads 41 Posts
Feinstein is hardly my favorite person.
I like reloading, just don't think the ammo that I produce is adequate for real long range.
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Apr 23, 2013 4:55 PM CST Rosy expectations RE:US economic, financial and political recovery
DorfKnabe
DorfKnabeDorfKnabelos angeles, California USA1 Threads 41 Posts
galrads: Yeah, Know what you mean about reloads. My favorite reloads include nosler ballistic tips, with the right amount of win 231. they seem pretty accurate out to about 300 yards, only.

Out to some 300-400 yards it is doable, but can I match all those Sierra Matchkings, Bergers and Lapua Scenars loaded by reputable shops. ???
With extreme dedication yes and save some money, but not in my situation...........
Plus my Sako TRG22 ,Savage 12 LRP are good out to about 1000 plus
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Apr 23, 2013 5:04 PM CST Rosy expectations RE:US economic, financial and political recovery
DorfKnabe
DorfKnabeDorfKnabelos angeles, California USA1 Threads 41 Posts
By the way, I think we owe apology to our liberal friends, I am the culprit, was the first one to digress, as much as possible will try not to discuss these TERRIBLE ITEMS..........
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Apr 23, 2013 5:18 PM CST Rosy expectations RE:US economic, financial and political recovery
robplum
robplumrobplumEnsay, Victoria Australia107 Threads 1 Polls 12,031 Posts
i acknowledge i urred in my most recent post stating China held $3 trillion in US Bonds
correction rather its $1.3t or something

The Current Outstanding Public Debt of the United States is:
$16,369,984,159,473.81

Last Updated: Monday, December 17th, 2012



The Treasury Department reported Tuesday that the national debt had topped $16 trillion, adding fuel to Republicans' criticisms of President Obama's deficit spending just as the Democrats are kicking off their national convention.



US federal debt is still a record high. This week it passed a milestone: the fourth straight year the deficit has passed the $1tn mark. As of today, the national debt stands at $16,066,241,407,385.80 (just over $16 trillion).
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Apr 23, 2013 5:21 PM CST Rosy expectations RE:US economic, financial and political recovery
robplum
robplumrobplumEnsay, Victoria Australia107 Threads 1 Polls 12,031 Posts
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Apr 23, 2013 7:19 PM CST Rosy expectations RE:US economic, financial and political recovery
galrads
galradsgalradsDublin, Ohio USA2,264 Threads 279 Polls 36,283 Posts
Just a Drop in the bucket...... We're screwed.

robplum: i acknowledge i urred in my most recent post stating China held $3 trillion in US Bonds
correction rather its $1.3t or something

The Current Outstanding Public Debt of the United States is:
$16,369,984,159,473.81

Last Updated: Monday, December 17th, 2012



The Treasury Department reported Tuesday that the national debt had topped $16 trillion, adding fuel to Republicans' criticisms of President Obama's deficit spending just as the Democrats are kicking off their national convention.



US federal debt is still a record high. This week it passed a milestone: the fourth straight year the deficit has passed the $1tn mark. As of today, the national debt stands at $16,066,241,407,385.80 (just over $16 trillion).
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Apr 23, 2013 8:04 PM CST Rosy expectations RE:US economic, financial and political recovery
DorfKnabe
DorfKnabeDorfKnabelos angeles, California USA1 Threads 41 Posts
galrads: must be nice! I'm just out for varmint. you have better than national match grade stuff. Ever compete at camp perry, just outside of port clinton, ohio?

Never had a chance to. Actually I am aware, my main shortcoming, why I never became a truly expert sniper, I am not good under pressure, especially time stress. So while playing I show much better results be it weightlifting or shooting than when pitted against solid contenders.
So in competition my best 100% hits would be 700 meters, while with my son I routinely did over 1000.
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Apr 23, 2013 9:01 PM CST Rosy expectations RE:US economic, financial and political recovery
DorfKnabe
DorfKnabeDorfKnabelos angeles, California USA1 Threads 41 Posts
Again I failed!!!! But imagine how I feel in California, especially in Los Angeles where I am virtually the only gun owner and where the majority of men look and act like something else...................
And liberals, liberals, hordes, throngs, crowds, mobs.!!!!!
Realize that in some other places I would equally abhor the opposite types, all these church-going god -fearing ones.....
Well, maybe it is just human nature to dislike most of other humans.
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Apr 23, 2013 9:57 PM CST Rosy expectations RE:US economic, financial and political recovery
robplum
robplumrobplumEnsay, Victoria Australia107 Threads 1 Polls 12,031 Posts
galrads: Just a Drop in the bucket...... We're screwed.


think it means every single American owes

$52148
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Apr 24, 2013 1:47 AM CST Rosy expectations RE:US economic, financial and political recovery
DorfKnabe
DorfKnabeDorfKnabelos angeles, California USA1 Threads 41 Posts
robplum: think it means every single American owes

$52148

Thank You RobPlum, while some like me abandoned the main subject You were diligently at it. Some single out that chimpanzee Bush, some blame Obama but the CCCCRisis would hit no matter who is at the helm, it is a systemic failure.
I believe one of the earlier posts broaches the scary scenario of the market saturation when nobody needs Your goods any more. Wow......
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