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  #811  
Old 02-05-2014, 01:29 AM
4-2-7 4-2-7 is offline
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Lets go back 40 years. There really has not been many points in time you would have lost wealth. You also would have avoided the lose of wealth from inflation.


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  #812  
Old 02-05-2014, 01:36 AM
4-2-7 4-2-7 is offline
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Now if you decided to convert fiat to gold a year ago, the dollar to oz ratio is not good.



But five years and more you a sitting very nice.

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  #813  
Old 02-05-2014, 01:57 AM
4-2-7 4-2-7 is offline
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By the way Silver performs far better than gold. It's needed more for industry and there is far less of it above ground.

It has a ratio of 10 to 1 gold in how it's mind and comes out of the ground. It's being suppress so badly in the market they have it at 64.55 to 1. It will regain it's 10 to 1 status very soon.
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  #814  
Old 02-05-2014, 07:08 AM
Ike Bana Ike Bana is offline
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Quote:
Originally Posted by whell View Post
I've often found that those who refer to recorded history and fact as "bilge" and "an effort at distraction and misdirection" often mistake their own emotionalism and histrionics as reasoned discourse. Here. Maybe this will help:

http://www.ebri.org/publications/fac...fm?fa=0302fact
Blah...blah. In other words, "Here read this Ike. It will totally sidestep the fact that you're right about me and my ilk. That in the end we don't give a shit for how many American families are going bankrupt every year in this country for lack of health coverage and for how many people are dying every year in this country for lack of health coverage."

And funniest of all a lecture on "reasoned discourse" from whell. Irony rears it's ugly zit-covered head.

Last edited by Ike Bana; 02-05-2014 at 07:10 AM.
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  #815  
Old 02-05-2014, 07:30 AM
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BlueStreak BlueStreak is offline
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My investments are worth a bit more than three times what they were in June of 2009.

Dave
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  #816  
Old 02-05-2014, 08:35 AM
whell whell is offline
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Quote:
Originally Posted by Ike Bana View Post
Blah...blah. In other words, "Here read this Ike. It will totally sidestep the fact that you're right about me and my ilk. That in the end we don't give a shit for how many American families are going bankrupt every year in this country for lack of health coverage and for how many people are dying every year in this country for lack of health coverage."

And funniest of all a lecture on "reasoned discourse" from whell. Irony rears it's ugly zit-covered head.
Blah...blah. In other words, "Here read this whell. I'll continue to cast unfounded aspersions on you and anyone else who disagrees with me as long as I don't have to deal with facts and reason. That in the end we don't give a shit about the facts. We'll just continue to throw shit at the wall and see if it sticks."

And to further punctuate your lack of rhetorical technique is your last sentence.
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  #817  
Old 02-05-2014, 08:37 AM
whell whell is offline
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Quote:
Originally Posted by finnbow View Post
The interesting thing is that this really isn't news in the sense that these numbers were predicted when the law was enacted. It only stands to reason that if the only reason you're still working is to get health care that you can finally retire now that Obamacare offers the ability to get health care. This could indeed be beneficial if it results in new people now get hired to backfill the vacated positions.
Mr Milbank appears to disagree with you:

"The law would reduce the workforce in 2021 by the equivalent of 2.3 million full-time workers, well more than the 800,000 originally anticipated. This will inevitably be a drag on economic growth, as more people decide government handouts are more attractive than working more and paying higher taxes."

http://www.washingtonpost.com/opinio...bd1_story.html
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  #818  
Old 02-05-2014, 08:39 AM
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merrylander merrylander is offline
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So did the CBO hold their meeting in Colorado or Washington State. That sure was some pretty strong weed they were smoking.
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  #819  
Old 02-05-2014, 08:42 AM
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finnbow finnbow is offline
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Quote:
Originally Posted by whell View Post
Mr Milbank appears to disagree with you:

"The law would reduce the workforce in 2021 by the equivalent of 2.3 million full-time workers, well more than the 800,000 originally anticipated. This will inevitably be a drag on economic growth, as more people decide government handouts are more attractive than working more and paying higher taxes."

http://www.washingtonpost.com/opinio...bd1_story.html
I trust the views of 2 economists on PBS who were talking about this last night more than I do Milbank. Both numbers are estimates and neither really get into whether it's actually a good or a bad thing. It was, however, predicted and predictable. Interestingly, Harvard published a study in 2008 saying that 11 million Americans were essentially stuck in jobs they no longer wanted (in favor of retirement, different jobs or entrepreneurship) because of their need for employer-provided healthcare.
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  #820  
Old 02-05-2014, 08:47 AM
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JBS... JBS... is offline
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Quote:
Originally Posted by bobabode View Post
Still buying gold from this dude?



I hope you haven't sent this charlatan any money for his Citadel HOA out in the boonies of I-Duh-Ho.

How's the price of gold doing these days?


http://www.kitco.com/scripts/hist_ch...rly_graphs.plx
Damn, we all should of listen to him... When did Beck start at fox?

Um, 2009. That's about the Tme Libs started claming he was a Gold Scammer.

hmmm, you might want to review your own chart there Bob. Price is still up

And if you would of sold early in 2013, Big Bucks
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