Gold clocks

Discussion in 'Gold' started by No1joey, Jan 13, 2015.

  1. No1joey

    No1joey Member Silver Stacker

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    No1joey, Jan 13, 2015
    #1
  2. Golightly

    Golightly Well-Known Member Silver Stacker

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    Keeeewwwwwllllll
     
    Golightly, Jan 13, 2015
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  3. No1joey

    No1joey Member Silver Stacker

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    Interesting to note on the US debt the deficit is falling but for every $1000 it falls the debt rises $20,000. With the deficit currently at $479 billion & the debt currently at $18.08 trillion, by the time the deficit drops to zero assuming it keeps it's current trend of shrinking (which Bloomberg is so proud to report on) the debt would be at $27.6 trillion. A lot to pay down even if the deficit turns to surplus. I don't think my calculator can even total what the unfunded liabilities would be by then.

    The scary thing is rates are at near zero now, so the above 'best case scenario' is already impossible.

    Ignore the total national assets clock, it takes into account every citizens personal belongings. Hardly worthwhile taking this into account when comparing to government debt. That's a lot of garage sales that I just don't see happening.
     
    No1joey, Jan 13, 2015
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  4. Golightly

    Golightly Well-Known Member Silver Stacker

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    The monetary base is up by 548%. Lulz...
     
    Golightly, Jan 13, 2015
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  5. anonmiss

    anonmiss Active Member Silver Stacker

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    I'm surprised at the amount of Gold demand in dentistry. Aren't gold fillings a little 1970's?
     
    anonmiss, Jan 13, 2015
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  6. No1joey

    No1joey Member Silver Stacker

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    US debt clock page, top right hand corner - debt clock time machine 2019 budget showdown shows at current rates Debt to GDP ratio is 102% in the red. Again scary taking into account current trend is based on near zero interest rates.
     
    No1joey, Jan 13, 2015
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  7. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    One of my co-workers had her wedding ring melted down when she got divorced. That got turned into a gold tooth.
     
    Jislizard, Jan 13, 2015
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  8. anonmiss

    anonmiss Active Member Silver Stacker

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    I'm not sure I'd want something my ex-husband gave me in my mouth for the rest of my life. :/
     
    anonmiss, Jan 13, 2015
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  9. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Punctuation is not your friend :D

    But I think the idea is that every time she smiles in the mirror she remembers the joy of getting rid of him.
     
    Jislizard, Jan 13, 2015
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  10. House

    House Well-Known Member Silver Stacker

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    Last time I was in the dentist she suggested a gold filling. Apparently it's the best kind to get but feel it's a bit too tacky. Also told me that I had a silver filling which I somehow didn't realize. +1 gram for the Ag stack :D
     
    House, Jan 13, 2015
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  11. Revils

    Revils Well-Known Member Silver Stacker

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    Who else came here hoping to see some massive bling grandfather clocks?
     
    Revils, Jan 13, 2015
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  12. Stick Framer

    Stick Framer New Member

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    I recently had my 4 front teeth replaced with a bolt in job, the teeth were made out of gold and porcelain coated
    It was heavy at the start, but now I'm used to it.
     
    Stick Framer, Jan 13, 2015
    #12

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