Home | Community | Message Board


Everything Mushrooms
Please support our sponsors.

General Interest >> Money Matters

Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Shop: Bridgetown Botanicals CBD Edibles   PhytoExtractum Kratom Powder for Sale

Jump to first unread post. Pages: 1
InvisibleDephect
Male User Gallery


Folding@home Statistics
Registered: 08/10/07
Posts: 1,777
I was just scanning my banks home page..
    #11257199 - 10/16/09 01:51 AM (11 years, 7 months ago)

I saw this and it made me laugh.

"Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government."

The full faith and credit of the United States Government? :laugh:


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
InvisibleLayYouIn
Taurus
Male User Gallery

Registered: 09/28/06
Posts: 4,402
Loc: Organ
Re: I was just scanning my banks home page.. [Re: Dephect]
    #11258629 - 10/16/09 11:02 AM (11 years, 7 months ago)

:congrats:


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
InvisibleAlteredAgain
Visual Alchemist
 User Gallery


Registered: 04/27/06
Posts: 11,176
Loc: Solar Circuit
Re: I was just scanning my banks home page.. [Re: LayYouIn]
    #11263760 - 10/17/09 04:13 AM (11 years, 6 months ago)

/thread


--------------------


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
OnlineAsanteA
low dose - high adventure
Male User Gallery

Registered: 02/06/02
Posts: 74,645
Loc: The Netherlands Flag
Last seen: 7 seconds
Re: I was just scanning my banks home page.. [Re: Dephect]
    #11273057 - 10/18/09 08:58 PM (11 years, 6 months ago)

Quote:

he full faith and credit of the United States Government





Your credit is all they have left and they pray you won't make a bank run.


--------------------
CDC  COVID  SELF-CHECKER  :syringe:  COVID  MAIN  THREAD  #2
Get 1 month's supplies in case of illness or calamity and help loved ones.
Strengthen your friendship ties - and exchange more favors and advice !

OMNICYCLIC YOU  SUPPORT TICKETS  STORE  SPONSORS/VENDORS  AMANI

personal Ethereum gifts w/o strings attached are very welcome at:
0x9e107aC7656A4b2Fc295Ef5157f06B8E313D7aFa    Ethereum?


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
Invisiblezorbman
blarrr
Male

Registered: 06/04/04
Posts: 5,952
Re: I was just scanning my banks home page.. [Re: Dephect]
    #11281369 - 10/20/09 01:37 AM (11 years, 6 months ago)

Same result when our pathetic Treasury Secretary, Tim Geither, traveled to China and had the nerve to tell them their investment in US treasuries was safe. :lol:

Don't believe ANYTHING the mainstream financial press tells you. They are little more than cheerleaders for their corporate masters who want to talk UP the economy. If you doubt me ask yourself did they warn you that the economic crisis was coming? If not, turn that shit off.

The FDIC is damn near broke.


--------------------
“The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.”  -- Rudiger Dornbusch


Edited by zorbman (10/20/09 01:44 AM)


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
InvisibleLayYouIn
Taurus
Male User Gallery

Registered: 09/28/06
Posts: 4,402
Loc: Organ
Re: I was just scanning my banks home page.. [Re: zorbman]
    #11283339 - 10/20/09 12:52 PM (11 years, 6 months ago)

Quote:

zorbman said:
The FDIC is damn near broke.




really?

So should I take half the cash in my bank account and put in my safe deposit box?


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
OnlineAsanteA
low dose - high adventure
Male User Gallery

Registered: 02/06/02
Posts: 74,645
Loc: The Netherlands Flag
Last seen: 7 seconds
Re: I was just scanning my banks home page.. [Re: LayYouIn]
    #11284435 - 10/20/09 03:57 PM (11 years, 6 months ago)

Don't store it as dollars!




--------------------
CDC  COVID  SELF-CHECKER  :syringe:  COVID  MAIN  THREAD  #2
Get 1 month's supplies in case of illness or calamity and help loved ones.
Strengthen your friendship ties - and exchange more favors and advice !

OMNICYCLIC YOU  SUPPORT TICKETS  STORE  SPONSORS/VENDORS  AMANI

personal Ethereum gifts w/o strings attached are very welcome at:
0x9e107aC7656A4b2Fc295Ef5157f06B8E313D7aFa    Ethereum?


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
InvisibleLayYouIn
Taurus
Male User Gallery

Registered: 09/28/06
Posts: 4,402
Loc: Organ
Re: I was just scanning my banks home page.. [Re: Asante]
    #11284869 - 10/20/09 04:59 PM (11 years, 6 months ago)

I already have have gold and silver, i need cash for current emergencies.  Should some of that be in physical form?


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
OfflineYrat
Hello

Registered: 11/08/07
Posts: 2,312
Last seen: 2 months, 6 days
Re: I was just scanning my banks home page.. [Re: LayYouIn]
    #11290369 - 10/21/09 07:45 AM (11 years, 6 months ago)

you mean the metals?  hell yes.  as far as i'm concerned, if you can't touch it, you don't own it.


it's pretty well known that most of the silver and gold ETFs cant possibly have anywhere near the physical they claim to have, and if you try to make a claim on delivery of your metals, they will try to talk you out of it, and delay, delay, delay.  it's quite obvious how they work.


--------------------
"There are a thousand hacking at the branches of evil
to one who is striking at the root."
-Henry David Thoreau
Strike The Root


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
InvisibleLayYouIn
Taurus
Male User Gallery

Registered: 09/28/06
Posts: 4,402
Loc: Organ
Re: I was just scanning my banks home page.. [Re: Yrat]
    #11290708 - 10/21/09 10:49 AM (11 years, 6 months ago)

Quote:

Yrat said:
you mean the metals?




i mean the cash i have in my bank account.  Should some of that be in physical form in my safe deposit box?

all of my metals are in physical form.


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
OfflineYrat
Hello

Registered: 11/08/07
Posts: 2,312
Last seen: 2 months, 6 days
Re: I was just scanning my banks home page.. [Re: LayYouIn]
    #11290827 - 10/21/09 11:28 AM (11 years, 6 months ago)

unless you have your cash in one of the too-big-to-fails, you should be fine, although this is not necessarily the case considering 100 banks have failed so far this year.  the FDIC has run out of money. 

if you are invested in one of the TBTFs, i think you should transfer your money to a local bank purely out of ethical/moral principles.


if shit really hits the fan, who knows if physical paper cash will have any value left anyways.


--------------------
"There are a thousand hacking at the branches of evil
to one who is striking at the root."
-Henry David Thoreau
Strike The Root


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
OnlineAsanteA
low dose - high adventure
Male User Gallery

Registered: 02/06/02
Posts: 74,645
Loc: The Netherlands Flag
Last seen: 7 seconds
Re: I was just scanning my banks home page.. [Re: LayYouIn]
    #11292785 - 10/21/09 05:08 PM (11 years, 6 months ago)

If you have liquid cash, it doesn t hurt to have a month's worth of $$ or so in your safe deposit box instead of an account.

The interest you would get on it is next to nil. You can't invest it cause you want to have it freed up for emergencies.

Sure, its good to have a buffer of crisp tenners, twenties and fifties available for when the going gets rough.

But if you have a local brick-and-mortar coin shop nearby, it can be used to turn some metals to dollars. A coin shop as your bank.

It all depends on the swiftness of the emergencies you anticipate. Retrieving money from your box or exchanging metal for paper can take about as much time, if you have a high turnover coin shop available, or a jeweler who gives good cash for metals.

Take a gold Buffalo and a silver Eagle to your local jewelers and ask what they'd give for it.


--------------------
CDC  COVID  SELF-CHECKER  :syringe:  COVID  MAIN  THREAD  #2
Get 1 month's supplies in case of illness or calamity and help loved ones.
Strengthen your friendship ties - and exchange more favors and advice !

OMNICYCLIC YOU  SUPPORT TICKETS  STORE  SPONSORS/VENDORS  AMANI

personal Ethereum gifts w/o strings attached are very welcome at:
0x9e107aC7656A4b2Fc295Ef5157f06B8E313D7aFa    Ethereum?


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
Offlinenice1
Not the droid your looking for
 User Gallery

Registered: 09/26/09
Posts: 10,449
Loc: earth
Last seen: 8 years, 4 months
Re: I was just scanning my banks home page.. [Re: Asante]
    #11298290 - 10/22/09 10:54 AM (11 years, 6 months ago)

If your dollar becomes worthless then your gonna have a lot bigger problems than selling your stashed gold.  The whole of society will break down without a currency then its martial law, riots and every man for himself.  The army being the biggest and most well equipped gang will tend the flock.


--------------------
Our thoughts create our reality.  :strokebeard:


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
Invisiblezorbman
blarrr
Male

Registered: 06/04/04
Posts: 5,952
Re: I was just scanning my banks home page.. [Re: nice1]
    #11298601 - 10/22/09 12:21 PM (11 years, 6 months ago)

That's what I've been planning for the last four years. :wink:


--------------------
“The crisis takes a much longer time coming than you think, and then it happens much faster than you would have thought.”  -- Rudiger Dornbusch


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
OfflineStatisticons_win
Stranger


Registered: 03/20/09
Posts: 2,372
Last seen: 7 years, 9 months
Re: I was just scanning my banks home page.. [Re: LayYouIn]
    #11301001 - 10/22/09 06:44 PM (11 years, 6 months ago)

what is the quality of the interest your bank is currently paying on the money that is yours that they are spending?  You should consider the marginal benefit of letting someone else hold your money and then decide if its proper to make a "bank run".

fuck banks!!!!!!!!!!!


--------------------


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
InvisibleLayYouIn
Taurus
Male User Gallery

Registered: 09/28/06
Posts: 4,402
Loc: Organ
Re: I was just scanning my banks home page.. [Re: Statisticons_win]
    #11302537 - 10/22/09 10:38 PM (11 years, 6 months ago)

Thats the thing, i let them hold grands for me but i have to pay for a safe deposit box.  I dont know anywhere else to keep my metals or cash.  I live in an apartment that could easily be robbed.


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
InvisibleDephect
Male User Gallery


Folding@home Statistics
Registered: 08/10/07
Posts: 1,777
Re: I was just scanning my banks home page.. [Re: LayYouIn]
    #11307512 - 10/23/09 07:04 PM (11 years, 6 months ago)

In a safe bolted to the floor.


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
Offlinenice1
Not the droid your looking for
 User Gallery

Registered: 09/26/09
Posts: 10,449
Loc: earth
Last seen: 8 years, 4 months
Re: I was just scanning my banks home page.. [Re: Dephect]
    #11308565 - 10/23/09 10:21 PM (11 years, 6 months ago)

Or hide it properly.  Theres plenty of places a robber would not look.

You can get fake plug sockets that take a key, nobody would go round sticking metal keys into plug sockets!


--------------------
Our thoughts create our reality.  :strokebeard:


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
InvisibleDephect
Male User Gallery


Folding@home Statistics
Registered: 08/10/07
Posts: 1,777
Re: I was just scanning my banks home page.. [Re: nice1]
    #11308856 - 10/23/09 11:29 PM (11 years, 6 months ago)

I know right, except me, because I like the voltage!


Post Extras: Filter  Print Post  Remind Me! Notify Moderator
Jump to top. Pages: 1

Shop: Bridgetown Botanicals CBD Edibles   PhytoExtractum Kratom Powder for Sale

General Interest >> Money Matters

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, Asante, automan
2,377 topic views. 1 members, 1 guests and 3 web crawlers are browsing this forum.
[ Print Topic ]
Search this thread:
Shroom Supply
Please support our sponsors.

Copyright 1997-2021 Mind Media. Some rights reserved.

Generated in 0.029 seconds spending 0.008 seconds on 16 queries.