where are the gold threads?

Why don't you both go have a nice milkshake and play nice.
 
Wow, I'm latte to this bacon-ed threaded, thought it ran out of steam 100s of posts ago.

No, some of the posts are cheesy, but it's a slow day here on FIRE and folks are trying to make steak out of hamburger.
 

Awesome... Fripp, Belew, Levin, and Bruford. Latte good moo-sic there.

Saw Fripp with King Crimson in the old days, with Greg Lake on vocals. Saw Belew on a Zappa tour. Saw Levin on a Peter Gabriel tour. Saw Yes, but Buford has already left for KC...

Check out the KC Elephant Talk video, while you're at it.
 
love the work Fripp did with Eno
 
More data for the inflation hawks . . .

Consumer Prices in U.S. Fell 0.2%

You can't print money as fast as you can without inflation coming back to roost. Despite how much power the Fed thinks it has with regards to inflation, they will have to raise rates at some point.

The question is "When", but noone can answer that as far as I can tell..........
 
When is important.

When driving, knowing you have to turn right at "some point" isn't much help in navigating an existing left hand turn. We keep hearing people worry about the next turn in the road, one that isn't even visible yet, but we "know" is out there. Meanwhile they completely forget about the turn we're in and completely ignore the consequences of turning too soon. Oh, and their track record reading the map has been pretty awful . . . they've been warning about the dreaded right hand turn now for 2+ years.

Sure we can listen to them and turn right, right now. We'll end up in a ditch, but at least we won't miss that next turn.
 
You can't print money as fast as you can without inflation coming back to roost. Despite how much power the Fed thinks it has with regards to inflation, they will have to raise rates at some point.

The question is "When", but noone can answer that as far as I can tell..........

March 28th, 2011

There ya go :ROFLMAO:
 
When is important.

When driving, knowing you have to turn right at "some point" isn't much help in navigating an existing left hand turn. We keep hearing people worry about the next turn in the road, one that isn't even visible yet, but we "know" is out there. Meanwhile they completely forget about the turn we're in and completely ignore the consequences of turning too soon. Oh, and their track record reading the map has been pretty awful . . . they've been warning about the dreaded right hand turn now for 2+ years.

Sure we can listen to them and turn right, right now. We'll end up in a ditch, but at least we won't miss that next turn.

You are quite the optimist with regards with the ability of the US economy to be able to absorb a growing deficit, not at $13 or $14 trillion deficit. I realize that many in Washington think that letting [existing] tax cuts expire and that the Treasury will realize a huge windfall from the extra taxes connected to [healthcare legislation], but the fact they are serious and believe this to be the case without doubt is baffling. If the amount of revenue the govt EXPECTS to collect is off by 10% or so, all the spin in the world isn't going to help..........;)
 
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You are quite the optimist with regards with the ability of the US economy to be able to absorb a growing deficit

Um, we're talking about inflation, right?

Deficits do not cause inflation (contrary to the popular chatter in the 'blogosphere' and on certain 'news' stations). See U.S.A., circa 1940's for evidence, or Japan, circa 1990's, or . . . .

Edit: Just for kicks, and because I have some time to kill, I ran the correlation between annual inflation and annual deficits as a % of GDP from 1930-2009. The correlation was -0.04199.
 
Once again, a reminder that political discussion on FIRE-related subjects is narrowly permitted outside the FIRE-related politics board as follows:

limit discussion of politics to the “FIRE Related Political Topics” forum unless the issue is specifically pertinent to the topic at hand. For example, discussions on health insurance in the "Health and Early Retirement" forum may include political elements provided the political discussion is, in the judgment of the moderators, both directly related and subordinate to the health insurance topic.

and once again, a reminder that our boards offer the handy-dandy ignore button that will help our members combat the stress of responding ad nauseum to the same posters with whom it is quite obvious to the rest of us they will never agree, thus leading to a happier calmer life.

[/mod hat off]
 
Once again, a reminder that political discussion on FIRE-related subjects is narrowly permitted outside the FIRE-related politics board as follows:



and once again, a reminder that our boards offer the handy-dandy ignore button that will help our members combat the stress of responding ad nauseum to the same posters with whom it is quite obvious to the rest of us they will never agree, thus leading to a happier calmer life.

[/mod hat off]


The one thing that some can not figure out is that sometimes it is just fun to disagree... since it is something that could get your BP up... do hit the ignore button.. for some, they get the popcorn and watch...

Just because some don't like the 'movie' does not mean it should be turned off for other.... some enjoy really bad movies :ROFLMAO:
 
In an effort to de-hijack... So if you were in the market, where would you buy gold coins, e.g. Maple Leaf or Eagle? The vig can be steep.
 
In an effort to de-hijack... So if you were in the market, where would you buy gold coins, e.g. Maple Leaf or Eagle? The vig can be steep.

What's "vig"? :confused:

I have not bought gold, and how I would go about it depends on why I wanted it. If just wanted an allocation to precious metal in my portfolio, I might use the gold etf GLD. If I wanted coins, I would probably first check out a local coin dealer's prices on either the 1 oz coins such as Maple Leaf, or old U.S. gold coins that are so worn their only value comes from their metal content. If the cost at a local store was more (over and above the value of the metal) than I wanted to pay for the convenience of dealing here in town, I think I'd go over to Bogleheads, where there's an immense thread on the Permanent Portfolio. It will take a while to find it, but that thread includes information about where PP proponents buy gold—it's a major component of the Permanent Portfolio.
 
Think we bought ours from Monex back when. Almost as much fun to get gold coins in the mail as it is firearms.
 
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