Thread: OT... Gold
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harry harry is offline
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Default OT... Gold

On Jul 22, 12:10*am, "
wrote:
On Thu, 21 Jul 2011 00:14:00 -0700 (PDT), harry wrote:
On Jul 20, 5:17 pm, Pavel314 wrote:
On Jul 20, 11:38 am, Country wrote:


On Jul 20, 2:45 am, harry wrote:


Now both of our economies are going to hell on a handcart is now the
time to buy gold or is it too late?
If you have any, do you sell? If you do, what do you do with the
readies? ($).


Buy houses?


I've heard some folks are going to the bank and buying rolls and rolls
of nickels. I'm not sure why that would be a good thing to do but it
is going on.


-C-


From Wikipedia: As of 10 April 2011, the value of metal in a nickel is
approximately 7.1 cents at current spot prices for constituent metals,
a 40%+ premium over face value.


It is illegal to melt or export nickles but in case of a paper money
crash, the metal will have some value.


Surely "nickels" aren't actually made of nickel?


25% nickel, 75% copper.- Hide quoted text -

- Show quoted text -


Most of our coins have a steel core these days.