But they keep tellin' me it's Obama's fault prices are rising...Grizalltheway wrote:And with those lovable oil companies expected to (again) report record profits tomorrow. But hey, gotta keep those subsidies in place.houndawg wrote:
Doin' it while gas is rocketing up, too.
BP is only halfway recovered since last year, up 4% over the past week.Grizalltheway wrote:And with those lovable oil companies expected to (again) report record profits tomorrow. But hey, gotta keep those subsidies in place.houndawg wrote:
Persistence!CitadelGrad wrote:This was published by CNBC less than 24 hours before the big decline today. Let's hear jellybelly scoff at the head & shoulders pattern now.
So, Wedgie, are you stuffing bars of bullion in those mountain goat and marmot carcasses you're hoarding? Pretty pricey taxidermy there...Wedgebuster wrote:Hell, if the stock market ever really gets down to where the actual value is, y'all are broke already.
Better wipe your ass with this worthless paper asap and buy gold with it.
Looking good today!93henfan wrote:I am fairly naive on the precious metals market, so please enlighten me.
I know people flock to gold for "safety". Now, aren't they making an assumption that the whole damn system doesn't collapse? I mean, having a certificate for gold is only as worthwhile as the ability of the vault (or broker or whatever) to pay off your holding. I mean, it's not like they're going to bring a wheelbarrow of gold up to your front door if the shit ever hits the fan and Mad Max starts roaming the interstates, right? And do you really think they'll dole out the cash equivalent to you at that point? I doubt it would even be safe for them to open their doors by that point.
So, is gold really safe?
Sounds like when I converted US dollars to Euros prior to going to Europe a couple weeks ago...paid $1.59 going out and only got $1.33 coming in. REAL price was about $1.45, but the 10-12% commission absolutely fucks you hard.Wedgebuster wrote:Looking good today!93henfan wrote:I am fairly naive on the precious metals market, so please enlighten me.
I know people flock to gold for "safety". Now, aren't they making an assumption that the whole damn system doesn't collapse? I mean, having a certificate for gold is only as worthwhile as the ability of the vault (or broker or whatever) to pay off your holding. I mean, it's not like they're going to bring a wheelbarrow of gold up to your front door if the shit ever hits the fan and Mad Max starts roaming the interstates, right? And do you really think they'll dole out the cash equivalent to you at that point? I doubt it would even be safe for them to open their doors by that point.
So, is gold really safe?
I have had some gold and quite a bit of silver in the past. Trouble is the dealers out here get you coming and going. You have to allow their "spot" prices buying, and then even after the guarantee to buy back, when things get hot like now, they will ding you 10% to sell it back to them.
Not going through this again.
AZGrizFan wrote:Sounds like when I converted US dollars to Euros prior to going to Europe a couple weeks ago...paid $1.59 going out and only got $1.33 coming in. REAL price was about $1.45, but the 10-12% commission absolutely fucks you hard.Wedgebuster wrote:
Looking good today!
I have had some gold and quite a bit of silver in the past. Trouble is the dealers out here get you coming and going. You have to allow their "spot" prices buying, and then even after the guarantee to buy back, when things get hot like now, they will ding you 10% to sell it back to them.
Not going through this again.
Even a broken clock....89Hen wrote:Persistence!CitadelGrad wrote:This was published by CNBC less than 24 hours before the big decline today. Let's hear jellybelly scoff at the head & shoulders pattern now.
Hey, that's MY line, old man.houndawg wrote:Even a broken clock....89Hen wrote: Persistence!
You fucking dumbass.AZGrizFan wrote: Sounds like when I converted US dollars to Euros prior to going to Europe a couple weeks ago...paid $1.59 going out and only got $1.33 coming in. REAL price was about $1.45, but the 10-12% commission absolutely fucks you hard.
Did you and Z go to those shacks in the airports?Ibanez wrote:AZGrizFan wrote:
Sounds like when I converted US dollars to Euros prior to going to Europe a couple weeks ago...paid $1.59 going out and only got $1.33 coming in. REAL price was about $1.45, but the 10-12% commission absolutely fucks you hard.
Troof. Fuckin conversion rate.
Yeah, that's what I ended up doing...got $1.43, minus the 1% fee...much better.Ivytalk wrote:AZGF, best foreign exchange rates in Europe are through ATMs. Avoid those Arab exchange booths!
OK, Einstein. where would you convert 2400 Euro to get the best rate?Skjellyfetti wrote:You fucking dumbass.AZGrizFan wrote: Sounds like when I converted US dollars to Euros prior to going to Europe a couple weeks ago...paid $1.59 going out and only got $1.33 coming in. REAL price was about $1.45, but the 10-12% commission absolutely fucks you hard.
HashishAZGrizFan wrote:OK, Einstein. where would you convert 2400 Euro to get the best rate?Skjellyfetti wrote:
You **** dumbass.
Seriously, who actually uses exchange booths - it's the equivalent of using a check cashing store in the US - you're just giving away money.Ivytalk wrote:AZGF, best foreign exchange rates in Europe are through ATMs. Avoid those Arab exchange booths!
bluehenbillk wrote:If you exchange the money at a bank what kind of fee, if any, do they charge? I'd agree the exchange booths are a pretty dumb choice..
Two travel tips for you.AZGrizFan wrote:OK, Einstein. where would you convert 2400 Euro to get the best rate?
