| Topic: |
Religions > Atheism |
| User: |
"Mark K. Bilbo" |
| Date: |
12 May 2006 05:20:15 PM |
| Object: |
OT: Penny for your thoughts? |
"With the rising price of copper there has been a buzz lately that the
time may be ripe for hoarding copper pennies. To wit, the price of copper
has risen from $0.60 to $3.50 (almost 500%) in less than five years and
from $1.50 to $3.50 (133%) in barely more than one year. It is
understandable that people are starting to think about hoarding pennies;
but it is also complete folly.
"The problem is that there is very little copper in a US penny."
http://www.kitco.com/ind/VanEeden/may082006.html
You can put the couch cushions back now...
--
Mark K. Bilbo
--------------------------------------------------
"As hip as it is for outsiders to blame New Orleans
for everything bad that happened during and after
Hurricane Katrina, the truth is that the people
who lived here were much more prepared for a big
storm than the federal government that promised
us flood protection." [Jarvis DeBerry]
http://makeashorterlink.com/?V180525DC
"Everything New Orleans"
http://www.nola.com
.
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| User: "Michelle Malkin" |
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| Title: Re: Penny for your thoughts? |
12 May 2006 10:27:30 PM |
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"Mark K. Bilbo" <alt-atheism@org.webmaster> wrote in message
news:RIqdndLR7K6Cl_jZRVn-jA@megapath.net...
"With the rising price of copper there has been a buzz lately that the
time may be ripe for hoarding copper pennies. To wit, the price of copper
has risen from $0.60 to $3.50 (almost 500%) in less than five years and
from $1.50 to $3.50 (133%) in barely more than one year. It is
understandable that people are starting to think about hoarding pennies;
but it is also complete folly.
"The problem is that there is very little copper in a US penny."
http://www.kitco.com/ind/VanEeden/may082006.html
You can put the couch cushions back now...
How about the old wreath pennies?
--
^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^
Michelle Malkin (Mickey) aa list#1
BAAWA Knight & Bible Thumper Thumper
^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^ ^^
--
Mark K. Bilbo
--------------------------------------------------
"As hip as it is for outsiders to blame New Orleans
for everything bad that happened during and after
Hurricane Katrina, the truth is that the people
who lived here were much more prepared for a big
storm than the federal government that promised
us flood protection." [Jarvis DeBerry]
http://makeashorterlink.com/?V180525DC
"Everything New Orleans"
http://www.nola.com
.
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| User: "Mark K. Bilbo" |
|
| Title: Re: Penny for your thoughts? |
13 May 2006 08:01:03 AM |
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Previously, on alt.atheism, Michelle Malkin in episode
<4JGdndQtduWCz_jZnZ2dnUVZ_smdnZ2d@comcast.com>...
"Mark K. Bilbo" <alt-atheism@org.webmaster> wrote in message
news:RIqdndLR7K6Cl_jZRVn-jA@megapath.net...
"With the rising price of copper there has been a buzz lately that the
time may be ripe for hoarding copper pennies. To wit, the price of
copper has risen from $0.60 to $3.50 (almost 500%) in less than five
years and from $1.50 to $3.50 (133%) in barely more than one year. It is
understandable that people are starting to think about hoarding pennies;
but it is also complete folly.
"The problem is that there is very little copper in a US penny."
http://www.kitco.com/ind/VanEeden/may082006.html
You can put the couch cushions back now...
How about the old wreath pennies?
You mean the old "wheat penny" maybe? Like this:
http://en.wikipedia.org/wiki/Wheat_penny
Those can be worth a lot more than the copper in them, depending on the
year and quality. Especially a 1955 with a "double" date (some error in
the die), those can sell for hundreds of dollars.
(A penny worth 500 bucks... what a thought)
--
Mark K. Bilbo
--------------------------------------------------
"As hip as it is for outsiders to blame New Orleans
for everything bad that happened during and after
Hurricane Katrina, the truth is that the people
who lived here were much more prepared for a big
storm than the federal government that promised
us flood protection." [Jarvis DeBerry]
http://makeashorterlink.com/?V180525DC
"Everything New Orleans"
http://www.nola.com
.
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| User: "Kevin Anthoney" |
|
| Title: Re: OT: Penny for your thoughts? |
13 May 2006 03:55:10 AM |
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Mark K. Bilbo wrote:
"With the rising price of copper there has been a buzz lately that the
time may be ripe for hoarding copper pennies. To wit, the price of copper
has risen from $0.60 to $3.50 (almost 500%) in less than five years and
from $1.50 to $3.50 (133%) in barely more than one year. It is
understandable that people are starting to think about hoarding pennies;
but it is also complete folly.
"The problem is that there is very little copper in a US penny."
http://www.kitco.com/ind/VanEeden/may082006.html
You can put the couch cushions back now...
Turns out that British coppers before 1992 are 97% copper, and after that
they're copper-plated steel. I've got about 200g of the stuff, which works
out at $1.50, or 79p. The face value is 63p, so I've made a profit of 16p!
By the way, what's happening to the dollar?
http://uk.finance.yahoo.com/q/bc?s=USDGBP=X&t=3m
--
Kevin Anthoney
kanthoney[a]dsl.pipex.com
.
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| User: "Mark K. Bilbo" |
|
| Title: Re: OT: Penny for your thoughts? |
13 May 2006 07:46:20 AM |
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|
Previously, on alt.atheism, Kevin Anthoney in episode
<RKCdnQsWNuZtA_jZRVny0Q@pipex.net>...
Mark K. Bilbo wrote:
"With the rising price of copper there has been a buzz lately that the
time may be ripe for hoarding copper pennies. To wit, the price of
copper has risen from $0.60 to $3.50 (almost 500%) in less than five
years and from $1.50 to $3.50 (133%) in barely more than one year. It is
understandable that people are starting to think about hoarding pennies;
but it is also complete folly.
"The problem is that there is very little copper in a US penny."
http://www.kitco.com/ind/VanEeden/may082006.html
You can put the couch cushions back now...
Turns out that British coppers before 1992 are 97% copper, and after that
they're copper-plated steel. I've got about 200g of the stuff, which
works out at $1.50, or 79p. The face value is 63p, so I've made a profit
of 16p!
By the way, what's happening to the dollar?
http://uk.finance.yahoo.com/q/bc?s=USDGBP=X&t=3m
It's called "swirling around the toilet bowl."
My opinion? There's a growing, broad loss of confidence in the US. If you
check the history of gold prices (in USD that is), the serious climb
started after Katrina. Watching the "last remaining superpower"
floundering like a third world nation in the face of the New Orleans
flood, on top of 9/11 and the Iraq quagmire, is projecting a distinct
image of an empire in decline.
Plus the mounting deficits, the trade imbalances, and the Fed--under
Greenspan--spitting out newly minted money like a maniacal ATM...
Oh, which reminds me. People were growing concerned about the curious
situation in which our broadest measure--the M3--showed our money supply
growing considerably faster than the official inflation rate. So to
address those concerns, the Fed...
....abolished the M3 money measure.
That's right, because of the concern that the Fed may be printing money
like mad, the Fed has ceased to tell us how much money it's actually
printing!
Neat huh?
The whole thing is starting to smell. And really, really badly. Coin and
bullion dealers can't keep up with the orders pouring in now. Investors
are actually worried enough they're buying gold and silver to store in
their safe deposit boxes (or, hell, bury in the backyard for all I know <g>).
Frankly, I'm starting to worry we're looking at something nasty. Like a
serious drop in the dollar. One that'll really hurt...
--
Mark K. Bilbo
--------------------------------------------------
"As hip as it is for outsiders to blame New Orleans
for everything bad that happened during and after
Hurricane Katrina, the truth is that the people
who lived here were much more prepared for a big
storm than the federal government that promised
us flood protection." [Jarvis DeBerry]
http://makeashorterlink.com/?V180525DC
"Everything New Orleans"
http://www.nola.com
.
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| User: "stoney" |
|
| Title: Re: OT: Penny for your thoughts? |
15 May 2006 10:13:23 PM |
|
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On Sat, 13 May 2006 07:46:20 -0500, "Mark K. Bilbo"
<alt-atheism@org.webmaster> wrote in alt.atheism
Previously, on alt.atheism, Kevin Anthoney in episode
<RKCdnQsWNuZtA_jZRVny0Q@pipex.net>...
Mark K. Bilbo wrote:
"With the rising price of copper there has been a buzz lately that the
time may be ripe for hoarding copper pennies. To wit, the price of
copper has risen from $0.60 to $3.50 (almost 500%) in less than five
years and from $1.50 to $3.50 (133%) in barely more than one year. It is
understandable that people are starting to think about hoarding pennies;
but it is also complete folly.
"The problem is that there is very little copper in a US penny."
http://www.kitco.com/ind/VanEeden/may082006.html
You can put the couch cushions back now...
Turns out that British coppers before 1992 are 97% copper, and after that
they're copper-plated steel. I've got about 200g of the stuff, which
works out at $1.50, or 79p. The face value is 63p, so I've made a profit
of 16p!
By the way, what's happening to the dollar?
http://uk.finance.yahoo.com/q/bc?s=USDGBP=X&t=3m
It's called "swirling around the toilet bowl."
My opinion? There's a growing, broad loss of confidence in the US. If you
check the history of gold prices (in USD that is), the serious climb
started after Katrina. Watching the "last remaining superpower"
floundering like a third world nation in the face of the New Orleans
flood, on top of 9/11 and the Iraq quagmire, is projecting a distinct
image of an empire in decline.
Plus the mounting deficits, the trade imbalances, and the Fed--under
Greenspan--spitting out newly minted money like a maniacal ATM...
Oh, which reminds me. People were growing concerned about the curious
situation in which our broadest measure--the M3--showed our money supply
growing considerably faster than the official inflation rate. So to
address those concerns, the Fed...
...abolished the M3 money measure.
That's right, because of the concern that the Fed may be printing money
like mad, the Fed has ceased to tell us how much money it's actually
printing!
Neat huh?
The whole thing is starting to smell. And really, really badly. Coin and
bullion dealers can't keep up with the orders pouring in now. Investors
are actually worried enough they're buying gold and silver to store in
their safe deposit boxes (or, hell, bury in the backyard for all I know <g>).
Frankly, I'm starting to worry we're looking at something nasty. Like a
serious drop in the dollar. One that'll really hurt...
Germany 1920 revisited.
--
Fundies and trolls are cordially invited to
shove a wooden cross up their arses and rotate
at a high rate of speed. I trust you'll
be 'blessed' with a plethora of splinters.
.
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| User: "Mark K. Bilbo" |
|
| Title: Re: OT: Penny for your thoughts? |
16 May 2006 06:59:41 AM |
|
|
Previously, on alt.atheism, stoney in episode
<6qgi62dl1rd3tt3ab17mcrhk1pf68s8uds@4ax.com>...
On Sat, 13 May 2006 07:46:20 -0500, "Mark K. Bilbo"
<alt-atheism@org.webmaster> wrote in alt.atheism
Previously, on alt.atheism, Kevin Anthoney in episode
<RKCdnQsWNuZtA_jZRVny0Q@pipex.net>...
Mark K. Bilbo wrote:
"With the rising price of copper there has been a buzz lately that the
time may be ripe for hoarding copper pennies. To wit, the price of
copper has risen from $0.60 to $3.50 (almost 500%) in less than five
years and from $1.50 to $3.50 (133%) in barely more than one year. It
is understandable that people are starting to think about hoarding
pennies; but it is also complete folly.
"The problem is that there is very little copper in a US penny."
http://www.kitco.com/ind/VanEeden/may082006.html
You can put the couch cushions back now...
Turns out that British coppers before 1992 are 97% copper, and after
that they're copper-plated steel. I've got about 200g of the stuff,
which works out at $1.50, or 79p. The face value is 63p, so I've made
a profit of 16p!
By the way, what's happening to the dollar?
http://uk.finance.yahoo.com/q/bc?s=USDGBP=X&t=3m
It's called "swirling around the toilet bowl."
My opinion? There's a growing, broad loss of confidence in the US. If you
check the history of gold prices (in USD that is), the serious climb
started after Katrina. Watching the "last remaining superpower"
floundering like a third world nation in the face of the New Orleans
flood, on top of 9/11 and the Iraq quagmire, is projecting a distinct
image of an empire in decline.
Plus the mounting deficits, the trade imbalances, and the Fed--under
Greenspan--spitting out newly minted money like a maniacal ATM...
Oh, which reminds me. People were growing concerned about the curious
situation in which our broadest measure--the M3--showed our money supply
growing considerably faster than the official inflation rate. So to
address those concerns, the Fed...
...abolished the M3 money measure.
That's right, because of the concern that the Fed may be printing money
like mad, the Fed has ceased to tell us how much money it's actually
printing!
Neat huh?
The whole thing is starting to smell. And really, really badly. Coin and
bullion dealers can't keep up with the orders pouring in now. Investors
are actually worried enough they're buying gold and silver to store in
their safe deposit boxes (or, hell, bury in the backyard for all I know
<g>).
Frankly, I'm starting to worry we're looking at something nasty. Like a
serious drop in the dollar. One that'll really hurt...
Germany 1920 revisited.
But people are lulled into complacency by "it can't happen here."
--
Mark K. Bilbo
--------------------------------------------------
"As hip as it is for outsiders to blame New Orleans
for everything bad that happened during and after
Hurricane Katrina, the truth is that the people
who lived here were much more prepared for a big
storm than the federal government that promised
us flood protection." [Jarvis DeBerry]
http://makeashorterlink.com/?V180525DC
"Everything New Orleans"
http://www.nola.com
.
|
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| User: "stoney" |
|
| Title: Re: OT: Penny for your thoughts? |
17 May 2006 11:31:21 AM |
|
|
On Tue, 16 May 2006 06:59:41 -0500, "Mark K. Bilbo"
<alt-atheism@org.webmaster> wrote in alt.atheism
Previously, on alt.atheism, stoney in episode
<6qgi62dl1rd3tt3ab17mcrhk1pf68s8uds@4ax.com>...
On Sat, 13 May 2006 07:46:20 -0500, "Mark K. Bilbo"
<alt-atheism@org.webmaster> wrote in alt.atheism
Previously, on alt.atheism, Kevin Anthoney in episode
<RKCdnQsWNuZtA_jZRVny0Q@pipex.net>...
Mark K. Bilbo wrote:
"With the rising price of copper there has been a buzz lately that the
time may be ripe for hoarding copper pennies. To wit, the price of
copper has risen from $0.60 to $3.50 (almost 500%) in less than five
years and from $1.50 to $3.50 (133%) in barely more than one year. It
is understandable that people are starting to think about hoarding
pennies; but it is also complete folly.
"The problem is that there is very little copper in a US penny."
http://www.kitco.com/ind/VanEeden/may082006.html
You can put the couch cushions back now...
Turns out that British coppers before 1992 are 97% copper, and after
that they're copper-plated steel. I've got about 200g of the stuff,
which works out at $1.50, or 79p. The face value is 63p, so I've made
a profit of 16p!
By the way, what's happening to the dollar?
http://uk.finance.yahoo.com/q/bc?s=USDGBP=X&t=3m
It's called "swirling around the toilet bowl."
My opinion? There's a growing, broad loss of confidence in the US. If you
check the history of gold prices (in USD that is), the serious climb
started after Katrina. Watching the "last remaining superpower"
floundering like a third world nation in the face of the New Orleans
flood, on top of 9/11 and the Iraq quagmire, is projecting a distinct
image of an empire in decline.
Plus the mounting deficits, the trade imbalances, and the Fed--under
Greenspan--spitting out newly minted money like a maniacal ATM...
Oh, which reminds me. People were growing concerned about the curious
situation in which our broadest measure--the M3--showed our money supply
growing considerably faster than the official inflation rate. So to
address those concerns, the Fed...
...abolished the M3 money measure.
That's right, because of the concern that the Fed may be printing money
like mad, the Fed has ceased to tell us how much money it's actually
printing!
Neat huh?
The whole thing is starting to smell. And really, really badly. Coin and
bullion dealers can't keep up with the orders pouring in now. Investors
are actually worried enough they're buying gold and silver to store in
their safe deposit boxes (or, hell, bury in the backyard for all I know
<g>).
Frankly, I'm starting to worry we're looking at something nasty. Like a
serious drop in the dollar. One that'll really hurt...
Germany 1920 revisited.
But people are lulled into complacency by "it can't happen here."
That's what the Germans of the time said.
--
Fundies and trolls are cordially invited to
shove a wooden cross up their arses and rotate
at a high rate of speed. I trust you'll
be 'blessed' with a plethora of splinters.
.
|
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| User: "Mark K. Bilbo" |
|
| Title: Re: OT: Penny for your thoughts? |
17 May 2006 08:28:37 PM |
|
|
Previously, on alt.atheism, stoney in episode
<5ujm62hq3o3kpno10a92b92hr866e311er@4ax.com>...
On Tue, 16 May 2006 06:59:41 -0500, "Mark K. Bilbo"
<alt-atheism@org.webmaster> wrote in alt.atheism
Previously, on alt.atheism, stoney in episode
<6qgi62dl1rd3tt3ab17mcrhk1pf68s8uds@4ax.com>...
On Sat, 13 May 2006 07:46:20 -0500, "Mark K. Bilbo"
<alt-atheism@org.webmaster> wrote in alt.atheism
Previously, on alt.atheism, Kevin Anthoney in episode
<RKCdnQsWNuZtA_jZRVny0Q@pipex.net>...
Mark K. Bilbo wrote:
"With the rising price of copper there has been a buzz lately that
the time may be ripe for hoarding copper pennies. To wit, the price
of copper has risen from $0.60 to $3.50 (almost 500%) in less than
five years and from $1.50 to $3.50 (133%) in barely more than one
year. It is understandable that people are starting to think about
hoarding pennies; but it is also complete folly.
"The problem is that there is very little copper in a US penny."
http://www.kitco.com/ind/VanEeden/may082006.html
You can put the couch cushions back now...
Turns out that British coppers before 1992 are 97% copper, and after
that they're copper-plated steel. I've got about 200g of the stuff,
which works out at $1.50, or 79p. The face value is 63p, so I've
made a profit of 16p!
By the way, what's happening to the dollar?
http://uk.finance.yahoo.com/q/bc?s=USDGBP=X&t=3m
It's called "swirling around the toilet bowl."
My opinion? There's a growing, broad loss of confidence in the US. If
you check the history of gold prices (in USD that is), the serious
climb started after Katrina. Watching the "last remaining superpower"
floundering like a third world nation in the face of the New Orleans
flood, on top of 9/11 and the Iraq quagmire, is projecting a distinct
image of an empire in decline.
Plus the mounting deficits, the trade imbalances, and the Fed--under
Greenspan--spitting out newly minted money like a maniacal ATM...
Oh, which reminds me. People were growing concerned about the curious
situation in which our broadest measure--the M3--showed our money
supply growing considerably faster than the official inflation rate. So
to address those concerns, the Fed...
...abolished the M3 money measure.
That's right, because of the concern that the Fed may be printing money
like mad, the Fed has ceased to tell us how much money it's actually
printing!
Neat huh?
The whole thing is starting to smell. And really, really badly. Coin
and bullion dealers can't keep up with the orders pouring in now.
Investors are actually worried enough they're buying gold and silver to
store in their safe deposit boxes (or, hell, bury in the backyard for
all I know <g>).
Frankly, I'm starting to worry we're looking at something nasty. Like a
serious drop in the dollar. One that'll really hurt...
Germany 1920 revisited.
But people are lulled into complacency by "it can't happen here."
That's what the Germans of the time said.
That's what people said in every empire.
Usually right before or while it was happening...
--
Mark K. Bilbo
--------------------------------------------------
"As hip as it is for outsiders to blame New Orleans
for everything bad that happened during and after
Hurricane Katrina, the truth is that the people
who lived here were much more prepared for a big
storm than the federal government that promised
us flood protection." [Jarvis DeBerry]
http://makeashorterlink.com/?V180525DC
"Everything New Orleans"
http://www.nola.com
.
|
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| User: "stoney" |
|
| Title: Re: OT: Penny for your thoughts? |
18 May 2006 10:50:30 AM |
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|
On Wed, 17 May 2006 20:28:37 -0500, "Mark K. Bilbo"
<alt-atheism@org.webmaster> wrote in alt.atheism
Previously, on alt.atheism, stoney in episode
<5ujm62hq3o3kpno10a92b92hr866e311er@4ax.com>...
On Tue, 16 May 2006 06:59:41 -0500, "Mark K. Bilbo"
<alt-atheism@org.webmaster> wrote in alt.atheism
[]
The whole thing is starting to smell. And really, really badly. Coin
and bullion dealers can't keep up with the orders pouring in now.
Investors are actually worried enough they're buying gold and silver to
store in their safe deposit boxes (or, hell, bury in the backyard for
all I know <g>).
Frankly, I'm starting to worry we're looking at something nasty. Like a
serious drop in the dollar. One that'll really hurt...
Germany 1920 revisited.
But people are lulled into complacency by "it can't happen here."
That's what the Germans of the time said.
That's what people said in every empire.
Yes, but so many are ignorant of history.
Usually right before or while it was happening...
Correct.
--
Fundies and trolls are cordially invited to
shove a wooden cross up their arses and rotate
at a high rate of speed. I trust you'll
be 'blessed' with a plethora of splinters.
.
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| User: "Ash" |
|
| Title: Re: OT: Penny for your thoughts? |
13 May 2006 10:59:04 AM |
|
|
Mark K. Bilbo wrote:
"With the rising price of copper there has been a buzz lately that the
time may be ripe for hoarding copper pennies. To wit, the price of copper
has risen from $0.60 to $3.50 (almost 500%) in less than five years and
from $1.50 to $3.50 (133%) in barely more than one year. It is
understandable that people are starting to think about hoarding pennies;
but it is also complete folly.
"The problem is that there is very little copper in a US penny."
http://www.kitco.com/ind/VanEeden/may082006.html
You can put the couch cushions back now...
Unlike the UK two pence, which if made before a certain year (1992 I
think) are copper (later ones merely copper plated) and now contain 3p
worth of copper
.
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