Economic implications of a SARS/Coronavirus outbreak

[wayneL]

The stuff you "would sell" would also sell at a crap discount

LOL fair point.

Maybe I should flog all that stuff off now and buy racehorses?

 

[qldfrog]

LOL fair point.

Maybe I should flog all that stuff off now and buy racehorses?

Gold in fiat $ is pretty cheap already

 

[againsthegrain]

LOL fair point.

Maybe I should flog all that stuff off now and buy racehorses?

what makes me crack up that the wife is in the same basket as everything else ?

 

[wayneL]

what makes me crack up that the wife is in the same basket as everything else ?

I just hope she never reads this, otherwise I won't have any testicles to sell

 

[againsthegrain]

I just hope she never reads this, otherwise I won't have any testicles to sell

Put her on ignore ? or is it the other way around put yourself on her ignore... do both I never used the feature so donno

 

[moXJO]

And silver at 12 or $13...

Oh No. I bought kilos of the stuff the last time the "world was ending". What is it now... roughly 15 years ago. Blocks of the crap just sitting there. At least gold only takes up a small amount of space.

 

[qldfrog]

what makes me crack up that the wife is in the same basket as everything else ?

If she can fit in a basket, you will get a better price?

 

[wayneL]

If she can fit in a basket, you will get a better price?

She is slim enough... Hmmmm


(Just joking, she is a keeper and always will be ?)

 

[over9k]

Oh No. I bought kilos of the stuff the last time the "world was ending". What is it now... roughly 15 years ago. Blocks of the crap just sitting there. At least gold only takes up a small amount of space.

Should've bought it off tony blair when he sold all of britain's.

 

[moXJO]

Should've bought it off tony blair when he sold all of britain's.

Good knows why I thought silver was a good deal. I can't be bothered selling it either so it just sits there.

 

[greggles]

Good knows why I thought silver was a good deal. I can't be bothered selling it either so it just sits there.

If you bought it 15 years ago you must have doubled your money by now, so at least it's not a loss. Inflation will gradually increase the cost of mining it, so it's a pretty safe bet long term. I reckon we'll see $A50 silver this year.

 

[moXJO]

If you bought it 15 years ago you must have doubled your money by now, so at least it's not a loss. Inflation will gradually increase the cost of mining it, so it's a pretty safe bet long term. I reckon we'll see $A50 silver this year.

I think I got them at $600 or $700 a bar. It's that long ago I can't remember.

 

[over9k]

Gold bugs are the weirdo's of investing. Everyone knows this.

 

[frugal.rock]

Just had a proper laugh reading you lot. Been a while. Good job!
?
If mo sells his silver blocks, what does he use as door stops then ?

 

[over9k]

what makes me crack up that the wife is in the same basket as everything else ?

While both gold and wives are both very expensive, wives corrode whereas gold does not.

So gold is the obvious choice.

 

[over9k]

Just had a proper laugh reading you lot. Been a while. Good job!
?
If mo sells his silver blocks, what does he use as door stops then ?

The remnants of his broken silver investing dreams?

 

[moXJO]

Just had a proper laugh reading you lot. Been a while. Good job!
?
If mo sells his silver blocks, what does he use as door stops then ?

I bought a gold detector thinking I'd give it a crack. About $6000 at the time.

Went out the back of ophir nsw. Proceeded to find every nail and bullet casing in 40 degree heat. Managed to get the Ute stuck and hiked 30 km to the nearest house for a tow.

Sold the gold detector for $9000 because of some gold rush in an African country and minelab had sold out of detectors and they were selling at a premium.

Found another hobby.

 

[over9k]

"In a gold rush, you don't make money finding gold, you make it selling shovels".

Or in moxy's case, metal detectors.

So moxy's out here doing basically the #1 thing they tell you not to do in like your first lesson of finance 101.

Good god man, what were you thinking?

"Use a metal detector to find gold... I AM THE FIRST PERSON TO EVER THINK OF THIS"

 

[Smurf1976]

While both gold and wives are both very expensive, wives corrode whereas gold does not.

Corrode?

Your definition of a wife is perhaps somewhat unusual.....

 

[over9k]

Corrode?

Your definition of a wife is perhaps somewhat unusual.....

Really? Your wife doesn't look worse as time goes on? I'm going to need to trade mine in for a younger model soon.

After all, she is almost 30.