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Millions of nickels stolen from Fed
NBC News ^ | 1-14-05 | Mark Potter

Posted on 01/16/2005 10:30:10 PM PST by STARWISE

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To: Squantos
Valentine's Day is coming and it would make me mighty happy if you'd buy me one of those toys. Thankyouverymuch!
41 posted on 01/16/2005 11:47:42 PM PST by Brad’s Gramma (Proud Patriots dot ORG!!! Operation Valentine's Day!!)
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To: STARWISE
As I said, I checked to see if it was posted (I used "nickel" and "nickels" as the keywords, which one would assume any post would include). There were no responses showing this article. In going to your link, I see there are NO keywords shown.

Don't just search for keywords, also search for significant words from the title (and story itself) in a search "By Title". As you've just found out, the keywords aren't always filled in. But generally if the article is previously posted, even if it was under a different title, the old title will probably contain at least something recognizeable from the story.

And just search for one or two significant words at a time, don't try to search for the entire title all at once -- that'll usually fail, due to slight retitling, trivial differences in punctuation, etc.

42 posted on 01/16/2005 11:49:28 PM PST by Ichneumon
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To: Squantos

Forget that, I'll work out a contract that uses a chess board square per day progression with grains of rice. At the beginning of the second week I'm owed 128 grains of rice. How many pounds of rice are owed to me at the beginning of the 4th week? How much rice is owed to me at the beginning of the 7th week?

I'd make sure there be iron-clad default rules in place whereby your kingdom becomes mine in the event of default. Either I'd be working on the military applications of mondo proportions of rice to grimace proportions too, or I'd open a lot of Chinese carryout restaurants. Either way, the way I figure, I be makin' out. Unless, that is, there's a difference to theory and reality.

Nevertheless, the way I see it we'd be seein' in no time at all headlines about the latest carnage concerning the what would undoubteldly soon ensue rice wars.

Oh, and I'd be demanding recounts too on the rice payments. If I structured the contract properly, I'd own the world within 64 days. It would be mine to do with as I pleased. I'd donate it (the world) to charity and take a huge tax writeoff. What do you mean charity doesn't want the world?


43 posted on 01/16/2005 11:53:46 PM PST by raygun
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To: SAJ
One would ordinarily suspect the second group to be Congresscritters, but it would seem rather doubtful, ceteris paribus, that any sitting member would have enough imagination even to organise such an enterprise as this.

Actually, I did think about that, on another level..
Does it really cost the government $50,000.00 to make 23 tons of nickels? ( cost of base metals - stated monetary value.. )
Consider cost of labor, manufacturing, and as you pointed out, transportation, security, ( none, evidently ) handling and distribution costs, ...
The U.S. mint must be operating at a loss.. (at least on nickels.. )
I seem to recall reading somewhere that it costs more to manufacture pennies than the copper is worth as well..

44 posted on 01/16/2005 11:53:57 PM PST by Drammach (Freedom; not just a job, it's an adventure..)
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To: Brad's Gramma

The Key Chain or the Pin ?...........:o)

How's bout Both ?


45 posted on 01/16/2005 11:54:12 PM PST by Squantos (Be polite. Be professional. But, have a plan to kill everyone you meet. ©)
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To: isom35

But I suppose if you stole a whole truckload of dimes, it could be worth a truckload of nickles if you had the right fence.


46 posted on 01/16/2005 11:54:52 PM PST by raygun
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To: raygun

LOL........Come on I was six not Sick !...........:o)


47 posted on 01/16/2005 11:55:35 PM PST by Squantos (Be polite. Be professional. But, have a plan to kill everyone you meet. ©)
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To: Squantos

*sniff*

I was hoping for the real *sniff* thing!


48 posted on 01/16/2005 11:56:35 PM PST by Brad’s Gramma (Proud Patriots dot ORG!!! Operation Valentine's Day!!)
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To: Drammach
Found this excerpt on an old thread:

Move Over, Gold... The Investment U E-Letter Friday, February 27, 2004

* * * * * * *

Move Over, Gold... Here's why it might be time to start burying pennies and nickels in your back yard, too... By Dr. Steve Sjuggerud President, Investment U

You need to make some room next to the gold buried in your backyard... Room for pennies and nickels..

. I'm only half joking. Starting this year, pennies and nickels may be worth more for their metal content than for their purchasing power. It's true...

The U.S. dollar has been crashing in value in the last two years... so much so that in 2004, the U.S. Mint will likely lose money minting pennies and nickels... This is no joke...

In 2003, it cost the U.S. Mint 0.98 cents to make a penny. This used to be an easy profit game for the government... In 2002, it cost 0.88 cents to make a penny. And in 2001, it cost 0.80 cents. But now, in 2004, it is almost assured that the government will lose money minting pennies.

The good news: These unfortunate times for the dollar will equate to great times for another investment, an investment that almost no one out there is buying right now.

Before I tell you what that investment is, let's look a little deeper into what's going on with the dollar...

A Loss on Every Penny and Nickel in 2004

The U.S. Mint counts September 30, 2003 as the end of its fiscal year. Since then, the price of copper has risen by 62%. Copper, you may be surprised to learn, is the main ingredient in a nickel.

In 2003, it cost the government 3.78 cents to make a nickel. Easy profits right? But the government didn't count on the dollar crashing. If the price of copper, the main ingredient in a nickel, stays the same, it's possible that the cost of could rise by 62% in 2004. Then it'll cost the government over six cents to produce a nickel.

The situation is similar with the penny. The main ingredient in pennies is not copper, but zinc. Actually, zinc makes up 97.5% of a penny. Zinc is up nearly 40% since the end of the 2003 fiscal year. So if the cost of producing a penny rises by 40%, it'll cost the government 1.38 cents to make a penny.

How can the government get out of this mess? Oh that's an easy one... change the metal content of the coins. I'm sure it's only a matter of time. Maybe next year we'll be spending poker chips instead of pennies. And just think, someday down the road, even those poker chips will have more intrinsic value than a paper dollar.

So How Can You Play this Downturn in the Dollar?

What can you do? One option is to dig a hole in your backyard next to your gold. And fill it with pennies and nickels - coins that have more metal value than spending value...

Another option is to start considering commodities and commodity-related investments. I have been writing about commodity-type investments in these letters for a while now. It's worked out fabulously. As I said in this letter, since September 30, 2003 alone, copper is up 62%, and nickel is up 49%.

There are many ways to get in on commodities like precious metals, as we've covered in past IU E-Letters. One that represents a decent value today is 100-year-old U.S. gold coins.

Commodities in some form deserve a place in your portfolio, in my opinion, for the rest of this decade, at least. What more evidence do you need that the dollar ain't worth what it used to be?

.

49 posted on 01/17/2005 12:02:53 AM PST by STARWISE (Pray for our country, our incredible President, and our unbelievably brave troops.)
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To: STARWISE

Sounds like a case for Sheriff Buford T. Justice!


50 posted on 01/17/2005 12:05:05 AM PST by KellyAdmirer
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To: STARWISE
Already Posted! Here! (hehe)

J/K!!!!!

51 posted on 01/17/2005 12:05:34 AM PST by Brad’s Gramma (Proud Patriots dot ORG!!! Operation Valentine's Day!!)
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To: Brad's Gramma; TexasCowboy

I hear Texascowboy already has bought ya a new barrett, berette or beret .....who am I to steal his fire and ruin his gift .....< /BS>...:o)

BTW do ya know what them plinkers run and ya did say....toys .


52 posted on 01/17/2005 12:06:43 AM PST by Squantos (Be polite. Be professional. But, have a plan to kill everyone you meet. ©)
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To: Brad's Gramma
LOL !!!!!!!! hehehehehehe!!!!!!!!!!!!!!! (ready,aim.........)
53 posted on 01/17/2005 12:07:25 AM PST by STARWISE (Pray for our country, our incredible President, and our unbelievably brave troops.)
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To: Squantos; TexasCowboy

Why Cowboy! How SWEET of you!!!!!

*blushing* (laughing her head off)


54 posted on 01/17/2005 12:13:54 AM PST by Brad’s Gramma (Proud Patriots dot ORG!!! Operation Valentine's Day!!)
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To: STARWISE

Gotcha, did I?

:)


55 posted on 01/17/2005 12:14:29 AM PST by Brad’s Gramma (Proud Patriots dot ORG!!! Operation Valentine's Day!!)
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To: Squantos
BTW do ya know what them plinkers run and ya did say....toys .

No! I don't! And that's all the SWEETER of Cowboy for buying it for me. Bless his little ole sound asleep doesn't know what's awaiting him pea pickin' heart!

56 posted on 01/17/2005 12:16:01 AM PST by Brad’s Gramma (Proud Patriots dot ORG!!! Operation Valentine's Day!!)
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To: Brad's Gramma; TexasCowboy

They run 4 to 7 thousand depending on the scope ya choose.... you can pay up to 9 thousand. I hear TC Got ya a caddy to carry it around too......:o)


57 posted on 01/17/2005 12:20:28 AM PST by Squantos (Be polite. Be professional. But, have a plan to kill everyone you meet. ©)
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To: Squantos; TexasCowboy

Well I am going to go to bed with a big ole grin on my face after reading that.

Wow. I'm SO happy!!!!

Is he giving me a new one, Squantos, or one of his used ones?


58 posted on 01/17/2005 12:23:05 AM PST by Brad’s Gramma (Proud Patriots dot ORG!!! Operation Valentine's Day!!)
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To: Brad's Gramma

As long as I'm lyin I guess it's a new one but I "AM" getting ya the pin and key chain.........they have tube tops too..........Ooooooppps I forgot yer married !


59 posted on 01/17/2005 12:29:31 AM PST by Squantos (Be polite. Be professional. But, have a plan to kill everyone you meet. ©)
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To: Squantos
SQUANTOS ---- THINK QUICK ----- NO GOOGLING THE ANSWER!!!!

Which is worth more, a pound of dimes or a pound of quarters?

--Boot Hill

60 posted on 01/17/2005 1:48:20 AM PST by Boot Hill (How do you verbalize a noun?)
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