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IS Gold Money?

Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

So he made money, but that isn't good enough because he likes a little schmear on his bagel?

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Response by columbiacounty
about 12 years ago
Posts: 12708
Member since: Jan 2009

are you stupid too?

he made money?

how do you know?

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

>are you stupid too?

No

>he made money?

Is that a question?

>how do you know?

Same as I know w67thstreet bought Sprint. I take it at face value.

Since April 19, the day of $390 Apple, w67's call:
If you bought Ford, which w67 said he was selling in order to buy Apple, you would have made more money than w67.
If you decided you liked the retail component of Apple, but instead bought electronics retailer Best Buy on that date, you would have made more money than w67.
What if you liked the video and entertainment component of Apple, but decided to go more pure play and therefore bought Netflix? Well, you would have beaten w67's recommendation.
Really like music over the internet? Pandora >> Apple.
If you are focused on the Internet advertising component of Apple, and instead bought Google, well, you would have made less money if you bought on exactly the day suggested by w67, but if you made the decision of Apple vs. Google on any other day, ... take a guess.
How about if you believed none of these business segments mattered, and it was all about the management team. Tim - new CEO and Apple vs. Marissa - new CEO at Yahoo. Hint: do a Yahoo! search and find out.
Fan of streeteasy? Zillow has outperformed Apple since w67 picked it.
Oh, and then there's Sprint. It's done nothing since Apple was at $390.
http://finance.yahoo.com/echarts?s=AAPL+Interactive#symbol=aapl;range=20130419,20131022;compare=goog+bby+nflx+f+yhoo+p+s;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;

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Response by columbiacounty
about 12 years ago
Posts: 12708
Member since: Jan 2009

of course, w67 makes the call publicly when he buys.

he doesn't say hey i bought something that i won't name 3 months ago or so and now its up.

but, of course, you don't give a shit, do you?

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

when w67 made his calls, did you buy alongside him?

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Response by columbiacounty
about 12 years ago
Posts: 12708
Member since: Jan 2009

are you buying cream cheese futures with yourself?

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

Where do they trade?

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Response by columbiacounty
about 12 years ago
Posts: 12708
Member since: Jan 2009

you keep forgetting the original, basic rule.

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

Both original and basic. Sounds interesting.

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Response by columbiacounty
about 12 years ago
Posts: 12708
Member since: Jan 2009

seems like you're starting to have another meltdown.

you're well over 50% of the posts.

not counting all your other identities.

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

columbiacounty
4 minutes ago
Posts: 12448
Member since: Jan 2009
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seems like you're starting to have another meltdown.
you're well over 50% of the posts.
not counting all your other identities.

Well, this thread goes back to February 2011. So if I'm seeming to start to have a meltdown based on your observation of my posting on this thread, then the trajectory you are noticing isn't that steep, right?

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Response by columbiacounty
about 12 years ago
Posts: 12708
Member since: Jan 2009

of course not.

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

Don't be defeated so quickly C0C0.

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

fieldschester
2 days ago
Posts: 973
Member since: Jul 2013
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when w67 made his calls, did you buy alongside him?

C0C0, you didn't answer my question. But now initall has come back on SE and did exactly what Riversider did - he didn't tell us he bought Apple at the time he alleged he made the purchase, but now 3 months later he tells us he did. And we know inoitall never purchased Sprint.
http://streeteasy.com/nyc/talk/discussion/36839-look-where-inoitall-says-he-bought-Apple-because-I-goaded-him-of-course-he-didnt-have-the-integrity-to-tell-us-at-the-time-of-the-purchase-only-after-it-went-up

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Response by aboutready
about 12 years ago
Posts: 16354
Member since: Oct 2007

Somebody seems a bit testy.

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

I agree. C0C0 should lighten up. So Riversider bought a stock and told us about it. C0C0 should be happy for him.

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Response by inonada
about 12 years ago
Posts: 7952
Member since: Oct 2008

Here you go, you dope:

http://streeteasy.com/nyc/talk/discussion/34812-w67-makes-bold-call-to-buy-aapl-sell-lic

Village Idiot>> inoitall bought at $435 and said he'd buy more if it declined. Now, at $390, w67's price, will he buy?

<3 posts of blathering between Village Idiot and ericho75 about which of w67th and inoitall is an idiot vs a clown regarding AAPL>

Inoitall>> Bought a bunch just for you, HB.

Original lot was in the 420's, BTW. Because I know you like to keep tabs.

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

So despite inoitall's blind admiration for 67, despite 67's verified track record, it was me - the dope, the village idiot - me, I am the reason inoitall bought the stock. Me.

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Response by w67thstreet
about 12 years ago
Posts: 9003
Member since: Dec 2008

That's gonna leave a shit stain on HB's panties.....

Love the trolls on SE. Ericho69 don't come around much anymore. I wonder why. Team RE has been really quiet of late.

HB... Now she's got real issues. Thanks for goading us on! Thank you thank you! Bought 50 nov 1 $530 calls. Sold 100 nov 1 $580 calls and bought 50 nov 1 $600 calls. Playing with free money.

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Response by w67thstreet
about 12 years ago
Posts: 9003
Member since: Dec 2008

That's a Friday fk you HB trade. If it hits. In gonna buy a Ferrari f12. Later.

If it don't, don't worry I got real estate to sell. It's growing out of the ground. I just gotta pee on it once in awhile.

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Response by aboutready
about 12 years ago
Posts: 16354
Member since: Oct 2007

No, I wasn't thinking of CC, somebody else has his panties in a twist.

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

Yeah AR, guess it was 67. Now we know better that he's his own man - not goaded on by little old me, so seriously, imitating inoitall? It's not supposed to be that way. C0C0 and inoitall need their idol.

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Response by aboutready
about 12 years ago
Posts: 16354
Member since: Oct 2007

Sometimes you pass as clever, hb. Not today.

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

You'll let me know when i do, right? Please?

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Response by aboutready
about 12 years ago
Posts: 16354
Member since: Oct 2007

No.

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

Don't be spiteful Aboutready.

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

c0c0?

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Response by rangersfan
about 12 years ago
Posts: 877
Member since: Oct 2009
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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

obsessed with Steve?

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Response by rangersfan
about 12 years ago
Posts: 877
Member since: Oct 2009

not really, just trying to enlighten him. you, however, are a lost cause.

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

Not sure that being a cause of the raingersman would be a good thing for me.

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Response by rangersfan
about 12 years ago
Posts: 877
Member since: Oct 2009

agree, you are way beyond any hope and cause i would undertake. i think there may be telethons for your condition(s) so there's that......

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

You some sort of Jerry Lewis?

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Response by marco_m
about 12 years ago
Posts: 2481
Member since: Dec 2008

and here we are..right back down below 1250..heck of a ride though.

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Response by marco_m
about 12 years ago
Posts: 2481
Member since: Dec 2008

and now below 1200

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Response by urbandigs
about 12 years ago
Posts: 3629
Member since: Jan 2006

damn this thread has survived huh

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Response by fieldschester
about 12 years ago
Posts: 3525
Member since: Jul 2013

Yes, gold survives.

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Response by rangersfan
about 12 years ago
Posts: 877
Member since: Oct 2009

I want stevie to comment again on my question on bitcoins.

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Response by gothamsboro
almost 12 years ago
Posts: 536
Member since: Sep 2013

rangersfan, why are you obsessed with steve?

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Response by Riversider
almost 12 years ago
Posts: 13572
Member since: Apr 2009

Good piece on taxes and relevant. One reason is to legitimize the currency...(you can't pay your taxes in gold)

http://soberlook.com/2014/01/why-do-we-pay-taxes.html

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Response by columbiacounty
almost 12 years ago
Posts: 12708
Member since: Jan 2009

are you foaming at the mouth or is it down to a mere dribble?

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Response by stevejhx
almost 12 years ago
Posts: 12656
Member since: Feb 2008

Oh rangers! Alas, I'm barely ever on this thread, it was just kismet (and boredom) that made me see your comment from 6 weeks ago.

Crickets can be a "legal means of exchange," as well. So can cigarettes. Happened all the time in WWII, I saw Frank Sinatra doing it.

That does not make it "money," and the fact that precisely ONE Justice Department official "described Bitcoins as a 'legal means of exchange'" does not make it legal tender.

http://www.treasury.gov/resource-center/faqs/currency/pages/legal-tender.aspx

Gold is not money, either. It may be something you want to own, but that doesn't make it legal tender, which it is not.

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Response by stevejhx
almost 12 years ago
Posts: 12656
Member since: Feb 2008

Crickets can be a "legal means of exchange," as well. So can cigarettes. Happened all the time in WWII, I saw Frank Sinatra doing it.

That does not make it "money," and the fact that precisely ONE Justice Department official "described Bitcoins as a 'legal means of exchange'" does not make it legal tender.

http://www.treasury.gov/resource-center/faqs/currency/pages/legal-tender.aspx

Gold is not money, either. It may be something you want to own, but that doesn't make it legal tender, which it is not.

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Response by gothamsboro
almost 12 years ago
Posts: 536
Member since: Sep 2013

Steve, you were in World War II with Frank Sinatra using crickets for money?

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Response by stevejhx
almost 12 years ago
Posts: 12656
Member since: Feb 2008

No, I was watching Frank trade cigarettes on Iwo Jima.

Now I'm waiting for rangersfan to try to pay his tax in bitcoins.

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Response by gothamsboro
almost 12 years ago
Posts: 536
Member since: Sep 2013

There were 852 comments this morning.

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Response by stevejhx
over 11 years ago
Posts: 12656
Member since: Feb 2008

One more fanatical theory bites the dust:

"I.R.S. Says Bitcoin Should Be Considered Property, Not Currency"

http://dealbook.nytimes.com/2014/03/25/i-r-s-says-bitcoin-should-be-considered-property-not-currency/?hp

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Response by Truth
over 11 years ago
Posts: 5641
Member since: Dec 2009

stevejhx: How are things in Ft. Lauderdale?

Anybody who bought into Bitcoin can feel the confidence of owning a "Property, Not Currency".

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Response by deplucha
over 11 years ago
Posts: 120
Member since: Oct 2008

Bit coin is like the tulips of old days.

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