Groundbreaking WSJ Story on Gold

Seeking Alpha ^ | 7/13/2009 | Tim Iacono

[bpjam]

if you make your bullets out of gold, they still have value if you don’t need to fire them....

[SampleMan]

Might be? I think it is pretty well established that Obama-ites are zombies.

Frankly, I've never seen any sign that they are the least bit interested in the pursuit of brains. They are however, clearly blood suckers.

[meyer]

If you have gold and want food, the gold is only worth something if the person with food is willing to trade what they have for your gold.

That is also true of paper money and credit.

[Woodman]

Or take someone Else's gold away from them...

[meyer]

But people might be laughing again if Obama's Gestapo comes to confiscate his gold.

Which is why lead, copper, and brass are also good investments.

[SampleMan]

if you make your bullets out of gold, they still have value if you don’t need to fire them....

But gold bullets don't kill werewolves. Aren't you paying attention?

[meyer]

The aforementioned ammo would probably come well before the gold.

And much faster. Say, 1000 to 3400 feet-per-second. ;-)

[paul51]

If you live in a big city, what do you hunt, rats and pigeons?

Depends on how hungry you are

[SnuffaBolshevik]

Obama's Gestapo could confiscate anything.

I was in Fat City until that tragic canoe capsize last year whence all my bullion, guns, cash and ammo went to the bottom.

Woe is me! What shall I do now?

[Calpernia]

Hi ho silver!

;)

[nkycincinnatikid]

mark

[WashingtonSource]

bump

[Mamzelle]

re: Gold’s tangible quality is reassuring to its owners. Gold owner Richard Dempsey, 63, a vice-president at Bank of New York Mellon, keeps some of his 60 gold coins in a safe at his Point Pleasant, N.J., home and some in a safe-deposit box. “I like to know it’s there,” he says)))

ARGH. ARe these people crazy? Why not add a google map and a "please rob me" sign???

[Renegade]

Don’t live in a big city . Guess you could take over a large grocery store .

[Labyrinthos]

As for the S&P 500, its average 1969 value is right around 100, which, when compared to today's 885 level produces an annual gain of about 7.5 percent.

Very deceptive because the annual gain of 7.5% for the S & P 500 Index does not include reinvested dividends and the annual return for gold does not include the high cost of buying and selling the commodity.

[gogogodzilla]

And if the world goes to h#ll in a handbasket, you can use guns/ammo to secure gold.

[wastedyears]

I know how to take out zombies, I’ve almost annihilated 53,595 of them.

L4D *thumbs up*

[JmyBryan]

I wouldn’t be surprised to see gold become illegal if hyperinflation hits. The unfairness would be too much to take.

(sarc)

[ChildOfThe60s]

[ChildOfThe60s]

All of mine was stolen. No, there is no record of the theft because I didn’t report it to the police. Why? Because it was my (fill in with your most despised liberal relative) that stole it and I didn’t want to get him/her in trouble. What? Oh yes, he still lives at 100 Zombie Lane.