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#51
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Gold prices plummet!
Peter wrote:
On Sep 24, 10:54 am, j-rod wrote: September 24, 1869 Gold prices plummet http://www.history.com/this-day-in-h...rticle&id=6117 JAM So far (peak to trough) this is a 2.96% drop. Is the word plummet yet needed? It's de rigueur if one wishes to attract viewers and readers. James the Hyperbolic |
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#52
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Gold prices plummet!
On Sep 25, 10:46*am, oly wrote:
On Sep 25, 8:15*am, Peter wrote: On Sep 24, 10:54*am, j-rod wrote: September 24, 1869 Gold prices plummet http://www.history.com/this-day-in-h...rticle&id=6117 JAM So far (peak to trough) this is a 2.96% drop. *Is the word plummet yet needed? The original post referred to Jay Gould's "Black Friday", which occurred on September 24, 1869 - ONE HUNDRED AND FORTY YEARS AGO. That's 140 years ago!!! *1869 1869 1869. The OP is not referring to a contemporary market fluctuation. oly Oops. I may have had too many links open and made an error. |
#53
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Gold prices plummet!
"oly" wrote in message ... On Sep 25, 8:08 am, j-rod wrote: oly wrote: On Sep 24, 5:29 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 5:15 pm, oly wrote: On Sep 24, 5:10 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 4:57 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 4:00 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 12:47 pm, "The Giant Brain" wrote: "Arizona Coin Collector" wrote in messagenews:raCdnWuJtdO9BybXnZ2dnUVZ_t6dnZ2d@earth link.com... "j-rod" wrote in message ... September 24, 1869 Gold prices plummet http://www.history.com/this-day-in-h...rticle&id=6117 JAM Hello The good news is crude oil also dropped. You can check the spot trade price on Bloomberg at the links below. It is now showing at $998.70. http://www.bloomberg.com/markets/com.../cfutures.html Folks, we have a contender for most clueless response to a post. Shall we close the nominations now and all acclaim Arizona Coin Collector the winner?- Hide quoted text - - Show quoted text - Well, it's the stupidest RCC response since the "Giant Brain" expounded with ultimate authority that that nice 1841 British Gold Sovereign was worth melt, or about $225 - not the 8,000 pounds that it catalogs at. So it's the stupidest response in about three weeks. All this argument is meaningless to me, having just lost my entire nest egg due to this latest gold crash. This could be my last post, because I can see someone pounding at my front door, yelling something about how he's going to repo my computer, and he's got a U.S. Marshal with him. James the Homeless- Hide quoted text - - Show quoted text - Jay Gould survived the 1869 debacle for many many years - and died rather old and still rich. You will too, mon vieux. They don't repo computers. Used computer is worth three cents on the dollar to the finance company. They will harass you for the money to the fullest extent they can get away with - but remember, they don't want the computer back, ever. Whew, it was just a couple of my neighbors from down the street pulling a prank. Now I can get back to my Scrooge McDuck roleplay. James the Miser- Hide quoted text - - Show quoted text - Scrooge McDuck had his money bin full of both gold and greenbacks. Wouldn't a real dyed-in-the-wool miser have had only gold??? He uses the gold to fill the tub for his bath. The greenbacks are carried to leave a dollar tip for waiters. James the Stiff- Hide quoted text - - Show quoted text - Scrooge is a Scotsman!!! NO WAY would he be leaving a whole dollar for the waiters!!! Hughey, Dewey and Louie were lucky to get a quarter apiece from the old fart on their birthdays!!! oly Some 19th century American miser (I believe the fellow might have been a lawyer too) issued a token (or something exo-numismatic) that said "Never Trust a Paper Dollar Until Tommorrow".- Hide quoted text - - Show quoted text - In all fairness to Scrooge McDuck, that birthday quarter went a lot further back then - maybe as many as five candy bars (or perhaps three candy bars plus some penny candy and Bazooka bubble gum). No kidding. Just the other day, as I plunked four quarters in a vending machine for a Three Musketeers, I mentioned to a Sweet Young Thing standing there that I used to get one for a nickel. Candy bar, I'm talking about. James the Generous- Hide quoted text - - Show quoted text - Sweets for the Sweet. I can remember five cent first class stamps, but I might be stretching it a bit to say that I really remember the five cent candy bar. Even at age seven or eight (c.1967) we were just a bit past that on the long march of U.S. monetary inflation. I always admired the inventor fellow in the Scrooge McDuck series - Gyro Gearloose or some name like that??? Huey, Dewey and Louie were a little bratty, 'tho basically good boys. They were a little bit like Popeye's "Swee' Pea" - whose the heck kids were they, anyway??? oly I can remember my father paying 23¢ for a gallon of gas. When I started driving is was already up to 30¢. JAM- Hide quoted text - - Show quoted text - One of my fonder personal memories was when gasoline fell back to 60 cents per gallon in 1985-86, after having been about twice as high a bit earlier. By that standard, we ought to be pleased today - $2.42 and 9/10ths ain't too bad compared to the spring and summer of 2008. oly ________________ I ran into $2.21 gas the other day in southern NJ, where they even pump it for you (by law). |
#54
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Gold prices plummet!
On Sep 25, 10:21*am, "Bruce Remick" wrote:
"oly" wrote in message ... On Sep 25, 8:08 am, j-rod wrote: oly wrote: On Sep 24, 5:29 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 5:15 pm, oly wrote: On Sep 24, 5:10 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 4:57 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 4:00 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 12:47 pm, "The Giant Brain" wrote: "Arizona Coin Collector" wrote in messagenews:raCdnWuJtdO9BybXnZ2dnUVZ_t6dnZ2d@earth link.com... "j-rod" wrote in message ... September 24, 1869 Gold prices plummet http://www.history.com/this-day-in-h...rticle&id=6117 JAM Hello The good news is crude oil also dropped. You can check the spot trade price on Bloomberg at the links below. It is now showing at $998.70. http://www.bloomberg.com/markets/com.../cfutures.html Folks, we have a contender for most clueless response to a post. Shall we close the nominations now and all acclaim Arizona Coin Collector the winner?- Hide quoted text - - Show quoted text - Well, it's the stupidest RCC response since the "Giant Brain" expounded with ultimate authority that that nice 1841 British Gold Sovereign was worth melt, or about $225 - not the 8,000 pounds that it catalogs at. So it's the stupidest response in about three weeks. All this argument is meaningless to me, having just lost my entire nest egg due to this latest gold crash. This could be my last post, because I can see someone pounding at my front door, yelling something about how he's going to repo my computer, and he's got a U.S. Marshal with him. James the Homeless- Hide quoted text - - Show quoted text - Jay Gould survived the 1869 debacle for many many years - and died rather old and still rich. You will too, mon vieux. They don't repo computers. Used computer is worth three cents on the dollar to the finance company. They will harass you for the money to the fullest extent they can get away with - but remember, they don't want the computer back, ever. Whew, it was just a couple of my neighbors from down the street pulling a prank. Now I can get back to my Scrooge McDuck roleplay. James the Miser- Hide quoted text - - Show quoted text - Scrooge McDuck had his money bin full of both gold and greenbacks. Wouldn't a real dyed-in-the-wool miser have had only gold??? He uses the gold to fill the tub for his bath. The greenbacks are carried to leave a dollar tip for waiters. James the Stiff- Hide quoted text - - Show quoted text - Scrooge is a Scotsman!!! NO WAY would he be leaving a whole dollar for the waiters!!! Hughey, Dewey and Louie were lucky to get a quarter apiece from the old fart on their birthdays!!! oly Some 19th century American miser (I believe the fellow might have been a lawyer too) issued a token (or something exo-numismatic) that said "Never Trust a Paper Dollar Until Tommorrow".- Hide quoted text - - Show quoted text - In all fairness to Scrooge McDuck, that birthday quarter went a lot further back then - maybe as many as five candy bars (or perhaps three candy bars plus some penny candy and Bazooka bubble gum). No kidding. Just the other day, as I plunked four quarters in a vending machine for a Three Musketeers, I mentioned to a Sweet Young Thing standing there that I used to get one for a nickel. Candy bar, I'm talking about. James the Generous- Hide quoted text - - Show quoted text - Sweets for the Sweet. I can remember five cent first class stamps, but I might be stretching it a bit to say that I really remember the five cent candy bar. Even at age seven or eight (c.1967) we were just a bit past that on the long march of U.S. monetary inflation. I always admired the inventor fellow in the Scrooge McDuck series - Gyro Gearloose or some name like that??? Huey, Dewey and Louie were a little bratty, 'tho basically good boys. They were a little bit like Popeye's "Swee' Pea" - whose the heck kids were they, anyway??? oly I can remember my father paying 23¢ for a gallon of gas. When I started driving is was already up to 30¢. JAM- Hide quoted text - - Show quoted text - One of my fonder personal memories was when gasoline fell back to 60 cents per gallon in 1985-86, after having been about twice as high a bit earlier. By that standard, we ought to be pleased today - $2.42 and 9/10ths ain't too bad compared to the spring and summer of 2008. oly ________________ I ran into $2.21 gas the other day in southern NJ, where they even pump it for you (by law).- Hide quoted text - - Show quoted text - Overnight, we went down another nine cents here in the patch, to $2.329. oly |
#55
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Gold prices plummet!
oly wrote:
On Sep 25, 10:21 am, "Bruce Remick" wrote: "oly" wrote in message ... On Sep 25, 8:08 am, j-rod wrote: oly wrote: On Sep 24, 5:29 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 5:15 pm, oly wrote: On Sep 24, 5:10 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 4:57 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 4:00 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 12:47 pm, "The Giant Brain" wrote: "Arizona Coin Collector" wrote in messagenews:raCdnWuJtdO9BybXnZ2dnUVZ_t6dnZ2d@earth link.com... "j-rod" wrote in message ... September 24, 1869 Gold prices plummet http://www.history.com/this-day-in-h...rticle&id=6117 JAM Hello The good news is crude oil also dropped. You can check the spot trade price on Bloomberg at the links below. It is now showing at $998.70. http://www.bloomberg.com/markets/com.../cfutures.html Folks, we have a contender for most clueless response to a post. Shall we close the nominations now and all acclaim Arizona Coin Collector the winner?- Hide quoted text - - Show quoted text - Well, it's the stupidest RCC response since the "Giant Brain" expounded with ultimate authority that that nice 1841 British Gold Sovereign was worth melt, or about $225 - not the 8,000 pounds that it catalogs at. So it's the stupidest response in about three weeks. All this argument is meaningless to me, having just lost my entire nest egg due to this latest gold crash. This could be my last post, because I can see someone pounding at my front door, yelling something about how he's going to repo my computer, and he's got a U.S. Marshal with him. James the Homeless- Hide quoted text - - Show quoted text - Jay Gould survived the 1869 debacle for many many years - and died rather old and still rich. You will too, mon vieux. They don't repo computers. Used computer is worth three cents on the dollar to the finance company. They will harass you for the money to the fullest extent they can get away with - but remember, they don't want the computer back, ever. Whew, it was just a couple of my neighbors from down the street pulling a prank. Now I can get back to my Scrooge McDuck roleplay. James the Miser- Hide quoted text - - Show quoted text - Scrooge McDuck had his money bin full of both gold and greenbacks. Wouldn't a real dyed-in-the-wool miser have had only gold??? He uses the gold to fill the tub for his bath. The greenbacks are carried to leave a dollar tip for waiters. James the Stiff- Hide quoted text - - Show quoted text - Scrooge is a Scotsman!!! NO WAY would he be leaving a whole dollar for the waiters!!! Hughey, Dewey and Louie were lucky to get a quarter apiece from the old fart on their birthdays!!! oly Some 19th century American miser (I believe the fellow might have been a lawyer too) issued a token (or something exo-numismatic) that said "Never Trust a Paper Dollar Until Tommorrow".- Hide quoted text - - Show quoted text - In all fairness to Scrooge McDuck, that birthday quarter went a lot further back then - maybe as many as five candy bars (or perhaps three candy bars plus some penny candy and Bazooka bubble gum). No kidding. Just the other day, as I plunked four quarters in a vending machine for a Three Musketeers, I mentioned to a Sweet Young Thing standing there that I used to get one for a nickel. Candy bar, I'm talking about. James the Generous- Hide quoted text - - Show quoted text - Sweets for the Sweet. I can remember five cent first class stamps, but I might be stretching it a bit to say that I really remember the five cent candy bar. Even at age seven or eight (c.1967) we were just a bit past that on the long march of U.S. monetary inflation. I always admired the inventor fellow in the Scrooge McDuck series - Gyro Gearloose or some name like that??? Huey, Dewey and Louie were a little bratty, 'tho basically good boys. They were a little bit like Popeye's "Swee' Pea" - whose the heck kids were they, anyway??? oly I can remember my father paying 23¢ for a gallon of gas. When I started driving is was already up to 30¢. JAM- Hide quoted text - - Show quoted text - One of my fonder personal memories was when gasoline fell back to 60 cents per gallon in 1985-86, after having been about twice as high a bit earlier. By that standard, we ought to be pleased today - $2.42 and 9/10ths ain't too bad compared to the spring and summer of 2008. oly ________________ I ran into $2.21 gas the other day in southern NJ, where they even pump it for you (by law).- Hide quoted text - - Show quoted text - Overnight, we went down another nine cents here in the patch, to $2.329. It's a left-wing conspiracy, I tell you! James the Dittohead |
#56
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Gold prices plummet!
"oly" wrote in message ... On Sep 25, 10:21 am, "Bruce Remick" wrote: "oly" wrote in message ... On Sep 25, 8:08 am, j-rod wrote: oly wrote: On Sep 24, 5:29 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 5:15 pm, oly wrote: On Sep 24, 5:10 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 4:57 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 4:00 pm, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: oly wrote: On Sep 24, 12:47 pm, "The Giant Brain" wrote: "Arizona Coin Collector" wrote in messagenews:raCdnWuJtdO9BybXnZ2dnUVZ_t6dnZ2d@earth link.com... "j-rod" wrote in message ... September 24, 1869 Gold prices plummet http://www.history.com/this-day-in-h...rticle&id=6117 JAM Hello The good news is crude oil also dropped. You can check the spot trade price on Bloomberg at the links below. It is now showing at $998.70. http://www.bloomberg.com/markets/com.../cfutures.html Folks, we have a contender for most clueless response to a post. Shall we close the nominations now and all acclaim Arizona Coin Collector the winner?- Hide quoted text - - Show quoted text - Well, it's the stupidest RCC response since the "Giant Brain" expounded with ultimate authority that that nice 1841 British Gold Sovereign was worth melt, or about $225 - not the 8,000 pounds that it catalogs at. So it's the stupidest response in about three weeks. All this argument is meaningless to me, having just lost my entire nest egg due to this latest gold crash. This could be my last post, because I can see someone pounding at my front door, yelling something about how he's going to repo my computer, and he's got a U.S. Marshal with him. James the Homeless- Hide quoted text - - Show quoted text - Jay Gould survived the 1869 debacle for many many years - and died rather old and still rich. You will too, mon vieux. They don't repo computers. Used computer is worth three cents on the dollar to the finance company. They will harass you for the money to the fullest extent they can get away with - but remember, they don't want the computer back, ever. Whew, it was just a couple of my neighbors from down the street pulling a prank. Now I can get back to my Scrooge McDuck roleplay. James the Miser- Hide quoted text - - Show quoted text - Scrooge McDuck had his money bin full of both gold and greenbacks. Wouldn't a real dyed-in-the-wool miser have had only gold??? He uses the gold to fill the tub for his bath. The greenbacks are carried to leave a dollar tip for waiters. James the Stiff- Hide quoted text - - Show quoted text - Scrooge is a Scotsman!!! NO WAY would he be leaving a whole dollar for the waiters!!! Hughey, Dewey and Louie were lucky to get a quarter apiece from the old fart on their birthdays!!! oly Some 19th century American miser (I believe the fellow might have been a lawyer too) issued a token (or something exo-numismatic) that said "Never Trust a Paper Dollar Until Tommorrow".- Hide quoted text - - Show quoted text - In all fairness to Scrooge McDuck, that birthday quarter went a lot further back then - maybe as many as five candy bars (or perhaps three candy bars plus some penny candy and Bazooka bubble gum). No kidding. Just the other day, as I plunked four quarters in a vending machine for a Three Musketeers, I mentioned to a Sweet Young Thing standing there that I used to get one for a nickel. Candy bar, I'm talking about. James the Generous- Hide quoted text - - Show quoted text - Sweets for the Sweet. I can remember five cent first class stamps, but I might be stretching it a bit to say that I really remember the five cent candy bar. Even at age seven or eight (c.1967) we were just a bit past that on the long march of U.S. monetary inflation. I always admired the inventor fellow in the Scrooge McDuck series - Gyro Gearloose or some name like that??? Huey, Dewey and Louie were a little bratty, 'tho basically good boys. They were a little bit like Popeye's "Swee' Pea" - whose the heck kids were they, anyway??? oly I can remember my father paying 23¢ for a gallon of gas. When I started driving is was already up to 30¢. JAM- Hide quoted text - - Show quoted text - One of my fonder personal memories was when gasoline fell back to 60 cents per gallon in 1985-86, after having been about twice as high a bit earlier. By that standard, we ought to be pleased today - $2.42 and 9/10ths ain't too bad compared to the spring and summer of 2008. oly ________________ I ran into $2.21 gas the other day in southern NJ, where they even pump it for you (by law).- Hide quoted text - - Show quoted text - Overnight, we went down another nine cents here in the patch, to $2.329. ______________________ Then as of today, you're about a dime cheaper than my neighborhood in Northern VA. Maybe tomorrow. |
#57
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Gold prices plummet!
"oly" wrote in message ... On Sep 25, 8:31 am, "Mr. Jaggers" lugburzman[at]yahoo[dot]com wrote: j-rod wrote: oly wrote: .... I can remember five cent first class stamps, but I might be stretching it a bit to say that I really remember the five cent candy bar. Even at age seven or eight (c.1967) we were just a bit past that on the long march of U.S. monetary inflation. I always admired the inventor fellow in the Scrooge McDuck series - Gyro Gearloose or some name like that??? Huey, Dewey and Louie were a little bratty, 'tho basically good boys. They were a little bit like Popeye's "Swee' Pea" - whose the heck kids were they, anyway??? oly I can remember my father paying 23¢ for a gallon of gas. When I started driving is was already up to 30¢. I remember when vending machine cigarettes cost 23c as well. You'd put a quarter in the machine and out would pop a pack of Camels with 2 cents change under the cellophane. The lucky customers got one, maybe two, 55 doubled dies. James the Non-Smoker- Hide quoted text - - Show quoted text - Limited to certain upstate NY vending machines only, if memory serves... I wonder if the jobber who serviced those machines ever knew... I remember those, at a time when I had never ventured farther north than Noo Yawk City. I also saw them locally, farther south. The pennies always were shiny new ones but the ones I saw were common dates. Since we're playing the Memory Lane prices game, I remember: Working in a store in 1964 and selling cigarettes at 17 cents, two for 33 cents for the "regular" size (Luckies, Camels), 18 cents and 2 for 35 cents for king size and filter tips. Gas below 30 cents. Asking my father what "ESSO" stood for while the attendant pumped our gas, cleaned our windshield, and checked the oil. Dad having to specify "use the detergent oil" if it was low. Stamps at 4 cents, and IIRC, even the 3-cent era. The nickel 1-oz. Hershey bar of the 1950s, and later around 1970 when they raised the price by cutting the content to 7/8-oz. - creating a BIG stink from chocolate lovers. Driving my wife-to-be's new $2,000 1968 Chevy Nova, and later plunking down the extraordinary amount of $3,000 for an orange 1973 VW Super Beetle. $2000 per semester for tuition with room & board at a top-level university. Blue Whitman coin folders at around 15 cents each. Banks that occasionally had real silver dollars for wide-eyed young collectors. McDonald hamburgers at 15 cents, cheeseburgers for 19 cents. The small 5-cent Coke bottles (around 6-3/4 oz.) from the machine at the barber shop (75 cents for a "regular boy's haircut") and you had to put the empty back in the partitioned wooden case or cough up two cents for the bottle deposit. Asking neighbors for their empty Coke and Pepsi bottles to redeem the 2-cent deposits at the grocery store. And last but quite possibly the best - the store clerk automatically throwing a free churchkey into the bag with every purchase of a $1.10 six-pack. If you didn't buy any beer they were 5 cents but everyone already had a drawer full of them. Oh, one more... In the 1950s, hearing from our elders that the 1950s, which we now regard as the "good old days," actually sucked and the good old days of 5-cent bread, 10-cent gas, and 75-cent steak dinners with all the trimmings already were behind us. - mazorj "He who remembers the past nostalgically is doomed to wanting to repeat it." |
#58
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Gold prices plummet!
"Peter" wrote in message ... On Sep 24, 10:54 am, j-rod wrote: September 24, 1869 Gold prices plummet http://www.history.com/this-day-in-h...rticle&id=6117 JAM So far (peak to trough) this is a 2.96% drop. Is the word plummet yet needed? Only to counteract those who trumpet a 2.96% rise as "soaring gold prices". |
#59
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Gold prices plummet!
oly wrote:
On Sep 25, 8:15 am, Peter wrote: On Sep 24, 10:54 am, j-rod wrote: September 24, 1869 Gold prices plummet http://www.history.com/this-day-in-h...rticle&id=6117 JAM So far (peak to trough) this is a 2.96% drop. Is the word plummet yet needed? The original post referred to Jay Gould's "Black Friday", which occurred on September 24, 1869 - ONE HUNDRED AND FORTY YEARS AGO. That's 140 years ago!!! 1869 1869 1869. The OP is not referring to a contemporary market fluctuation. oly Thanks! You saved me a lot of unnecessary typing. JAM |
#60
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Gold prices plummet!
"mazorj" wrote in message ... "Peter" wrote in message ... On Sep 24, 10:54 am, j-rod wrote: September 24, 1869 Gold prices plummet http://www.history.com/this-day-in-h...rticle&id=6117 JAM So far (peak to trough) this is a 2.96% drop. Is the word plummet yet needed? Only to counteract those who trumpet a 2.96% rise as "soaring gold prices". Good point. But maybe akin to claims of "soaring unemployment" (up .5%), or devastating climatic temperature change (up .3 degree Fahrenheit) I guess the verbiage chosen all depends on one's agenda. |
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