The value of a dollar

[D'Nigreus]

If you have 18000 dollars in the bank, and you owe 3000 dollars on your house, and the nigger fucks the economy up even worse, does the 18000 you have in the bank become less valuable than the 3000 you owe? As in, should I just pay it off now and say to hell with it before he fucks it up even more?

[rebel with a cause]

If you have 18000 dollars in the bank, and you owe 3000 dollars on your house, and the nigger fucks the economy up even worse, does the 18000 you have in the bank become less valuable than the 3000 you owe? As in, should I just pay it off now and say to hell with it before he fucks it up even more?

Buddy i hate to sound doom and gloom but here soon the American dollar will be worth less than the paper is printed on.... im expecting a total collapse of the financial system in the next few months unless there is som "miracle" and uhh well osambo aint that miracle...

[Tom Shelly]

If you have 18000 dollars in the bank, and you owe 3000 dollars on your house, and the nigger fucks the economy up even worse, does the 18000 you have in the bank become less valuable than the 3000 you owe? As in, should I just pay it off now and say to hell with it before he fucks it up even more?

If you have 18,000 in the bank and owe 3,000 on your house, you should pay off your house with the money in your bank. Simply because you are losing interest on the money you owe.

Then, you need to put the $15,000 in something safe that earns interest at a rate at least higher than the current inflation rate. You can get certificates of deposit from your bank or pick a good mutual fund or T bills, depending on your knowledge of investing.

Buy a couple American Eagle, 1 ounce gold coins while you're at it. It's at $840 an ounce right now.

[noniggersinthewhitehouse]

If you have 18,000 in the bank and owe 3,000 on your house, you should pay off your house with the money in your bank. Simply because you are losing interest on the money you owe.

Then, you need to put the $15,000 in something safe that earns interest at a rate at least higher than the current inflation rate. You can get certificates of deposit from your bank or pick a good mutual fund or T bills, depending on your knowledge of investing.

Buy a couple American Eagle, 1 ounce gold coins while you're at it. It's at $840 an ounce right now.

Great advice Tom.

[jigsRcrap]

Pay off the house and bury the rest in the backyard.

[D'Nigreus]

If you have 18,000 in the bank and owe 3,000 on your house, you should pay off your house with the money in your bank. Simply because you are losing interest on the money you owe.

Then, you need to put the $15,000 in something safe that earns interest at a rate at least higher than the current inflation rate. You can get certificates of deposit from your bank or pick a good mutual fund or T bills, depending on your knowledge of investing.

Buy a couple American Eagle, 1 ounce gold coins while you're at it. It's at $840 an ounce right now.

Thanks Tom. Most of it is in something that earns SOME interest, but that shit has gone down to about 2.5 percent these days. And I do plan to pay the house off, just aint got around to withdrawing, transfering, etc. I have always wanted to buy some gold. Hell, I wanted to get some back when it was under 400 an ounce, but I have no idea where to get it from or where to hide it when I get it. I refuse to rent a safe deposit box from the bank that I hate, or any other bank. I guess the bury in the back yard idea might work.

[Bubb Rubb]

Buy a couple American Eagle, 1 ounce gold coins while you're at it. It's at $840 an ounce right now.

I've been keeping track, gold was at 720 or so on october 31st.

[rebel with a cause]

Get a big heavy no shit for real safe, i have two and about 10 lbs of gold in one of them, the gold i inherited. One safe weighs about 1300 lbs empty, the other is close to that in weight.

[Kenjitsu]

I believe the best deal in gold currently is by Kitco (www.kitco.com). Sold at $22.30 over spot for one ounce gold bars. Alternatively, they have Krugerrands for 5% over spot (probably the best price you will find for them). The drawback is it takes like 6 weeks for delivery. However, if you are going to invest in gold as an element to add to the Justin Case you leave buried somewhere (along with your weapons, ammunition and MREs) you need physical possession of the gold you buy. That's why you pay a premium for it (as there is currently a run on gold, this premium is high). Investing in gold kept in a communal store only costs pennies over spot but is hardly safe if the company you invest with suddenly "needs a bailout".

If you need gold fast, Asset Strategies International can have gold bars to you within a week, but you will pay for it....7% over spot. Not terrible, but not a bargain either.

Also, check out The Coin Agent and Border Gold for occassional deals. Try not to pay over 6.5% over the spot market price.

Of course, you know what happened during the last depression, don't you? The government stole everyone's gold. Sure....some people hid theirs. But it became impossible to exchange it for goods.

If you have 18,000 in the bank and owe 3,000 on your house, you should pay off your house with the money in your bank. Simply because you are losing interest on the money you owe.

Then, you need to put the $15,000 in something safe that earns interest at a rate at least higher than the current inflation rate. You can get certificates of deposit from your bank or pick a good mutual fund or T bills, depending on your knowledge of investing.

Buy a couple American Eagle, 1 ounce gold coins while you're at it. It's at $840 an ounce right now.

[rebel with a cause]

Let em come try and take my gold....... I have plenty of lead too...