Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.
Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!
Part of the problem was, cars from that era weren't really made that well. Rust, especially...painting, before full-immersion electro-plating, rust was inevitable. Plus, the panacea of that age was, recycled steel. MUCH more prone to corrosion; and Ford went full-on into that insanity.I drove a 1966 Mustang 289 auto in college in 1982. I did lots of mods and it was a.maintenance nightmare, especially the.power steering and body panel rust. I don't like to step on anybody's dream, but old cars turn into big headaches. You will have much more fun on a motorcycle.
Your lips to God's ears...Wait until Subaru starts manufacturing cheap trucks in the USA again next year. I am holding out for a new small truck with ac, stick & crank windows for $12k.
Dream on...Wait until Subaru starts manufacturing cheap trucks in the USA again next year. I am holding out for a new small truck with ac, stick & crank windows for $12k.
... I can only think of one thing more important that can be held in the hand.
I was about to buy a $20 gold piece and some sovereigns at spot - $70 ago < $3300. I thought it was going to $3230, but alas I am stuck holding my * in my hand.
Nobody knows exactly how spot will go while the COMEX is in control. Some of the YouTube gold gurus were restating their gold price estimate for 2025 just before spot price spiked this morning. What a racket.
What else would you spend it on? Yes, there might be better things. Credit-card debt. Expenses. Emergency food. Other kinds of metal - like, say, lead.Yeah I got the cash for an ounce or three but my knees go week with gold. $6,600 is a lot of money for us serfs.
Well I dont carry CC debt past the month and haven't for years. Cash in the cookie jar, or even worse the bank, is a terrible place to keep it. 6 month CD rates are like what ? 4% and 1 year rates are not much better. Sure you could dump your money into the market or deferred accounts but if you ever want to actually use it the Govt. will rob you of 20% and if you dont ever have it to use then what good is it other then to make your kids and wife have to fake grief when you croak.What else would you spend it on? Yes, there might be better things. Credit-card debt. Expenses. Emergency food. Other kinds of metal - like, say, lead.
If you just have it in a bankster account, or in the cookie jar...it's gonna shrink. Regularly. And now, faster.
It's shrunk 40-50 percent in the last five years.
Sounds like you want a speculative return.Well I dont carry CC debt past the month and haven't for years. Cash in the cookie jar, or even worse the bank, is a terrible place to keep it. 6 month CD rates are like what ? 4% and 1 year rates are not much better. Sure you could dump your money into the market or deferred accounts but if you ever want to actually use it the Govt. will rob you of 20% and if you dont ever have it to use then what good is it other then to make your kids and wife have to fake grief when you croak.
Gold and Silver you can hold in your hands and rub like its a WNBA floor token. Now I have a 1oz gold anniversary coin I bought last Feb. for $3,036 thats going for $3,602 now. I'm not getting rich on gold and silver but unlike fiat currency I'm not getting poor either.
The only thing keeping me from popping for another coin is Trump and his stupid 1kg gold tariffs. I hope its just one of his threats and he pulls it back after squeezing the Swiss but this is one of the things that accomplishes nothing and his copper tariffs not much smarter. You cant tariff copper and then act all surprised when Industrial production slows because copper is an Industry metal. Targeting 1kg gold just stifles the market and accomplishes nothing while keeping little guys like me from investing because who in hell knows where the market is heading ?
If short term he wants to scare the Swiss into making a deal then thats fine but long term it will hurt everyone. For now I'm holding off. No new gold for me.
I'm seeing the cultural roots.
Bugs' accent...Mel Blanc's accent - is NYC Yiddish. That's what you'd hear onstage at the Borscht Belt comedy circuit in the Catskills resorts.
Of course, in the 1960s, many of the NeYawkers who made the move to Hollywoodland in the 1920s, were still very active. It became a sort of Yiddish mafia - you had to either be Jewish, or tied to the New York culture (or else homosexual) to get steady work.
And to Jewish NeYawk transplants, there was nothing less relevant than Albuquerque (I'll-be-quirky).
Of course that's changed, now. The Jewish Mafia in movieland, welcomed the SJWs and sexual deviants, and then themselves died off...and what we have now is a hellscape of Woke.
I'd hold what I had, and buy out of new-to-you fiat.I stopped buying at $1,500. When it hit $2,500, I said "Oh hell no!" Now look at where we are.
If silver gets high enough, I may be persuaded to trade some of it for more gold like I did in April 2011.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?