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The Coca-Cola Company Message Board

  • mikiesmoky mikiesmoky Feb 21, 2005 10:23 PM Flag

    TRUISMS BY HARVEY W/RESPONSES

    Truisms by Harvey with Responses by Me:

    by: canucanoe1 02/19/05 12:29 pm
    Msg: 79500 of 79762
    Message No. 79500: �...Gold is money. One doesn't tax money in its basic state. One taxes the use of money.�
    MY RESPONSE: I am sure that the gold traders would love to trade gold without paying tax on their gains. It might even stimulate price manipulation to enable them to move the price like a sine curve, buying at bottoms and selling at tops.

    Re: Gold is a Roth IRA
    by: canucanoe1 02/19/05 10:56 am
    Msg: 79484 of 79763
    If someone wants gold, buys it with tax'd wages, there is no reason to pay taxes on it.
    MY RESPONSE: Can someone buy gold with income from muni-bonds? LOL
    Can someone buy other investments or collectibles and not pay taxes? LOL

    �The value of gold does not change. It is the value of the dollar that decreased. Therefore, no taxes are appropriate from a retirement perspective or a dollar perspective.�
    MY RESPONSE: That is too easy to make you look stupid.
    Does it mean anything to you that gold went from around $200 to over $800, then to $260, and now, back to around $430.00. What is your definition of �change�???

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • RE: Can someone buy other investments or collectibles and not pay taxes? LOL

      >> you can buy and sell collectable cars and avoid the paper trail..and thus the taxes.....but ofcourse it is not legal (dont get caught...like the wino guy)

    • Bear, yes, you make money when you buy. It is a growth strategy. Gold... you save money when you buy. It is more a value strategy. Each is good when properly applied.

    • There are no pigs listed as reserves at Central Banks. Are you referring to yourself? At those institutions, commodities cannot be assigned for that role either. Gold is listed. I see you are screeching again.

    • REGARDING: There are no pigs listed as reserves at Central Banks. Are you referring to yourself? At those institutions, commodities cannot be assigned for that role either. Gold is listed. I see you are screeching again.

      RESPONSE: Harvey.., now I understand. You are just joking around. No one could be that dull-witted and still communicate (even if very poorly).
      1) Reserves are collateral
      2) Pigs placed in a central bank would be somewhat inconvenient

      DO YOU GET IT YET???????

    • Michael, you again know nothing of what you speak of:

      >>>RESPONSE: Harvey..., that is called "barter".<<<

      Gold is a money. It sits as a reserve at Central Banks. Paying for something with money is not 'barter'. As for your focus now on cars, speak to whomever is interested in exchanging cars. I wasn't. They can explain.

    • QWAK,fe4o3,not shure what you want,it sounds like you want a nice little BOX wraped in GOLD ;) paper and tied with a SILVER ribbon.

      Once the coming global economic FIAT cataclismic event hits NO PAPER will be TRUSTED and seeing as the ONLY thing keping FIAT money in the game is public TRUST indivigual nations and all the central banks are going to have one BIG ASS problem,that being to restore public confidence that they CAN agen TRUST their governments and bankers!

      I expect once the dust settels that local govenments will issue new local currencies backed by a NEW global currency which will be back by GOLD held in central banks all over the world and that can and WILL be audited at regular intervels to prove to the public that any currency issued does in FACT have backing.

      Local government currencies will ONLY be used in traid with in the borders of the issuing nations and they too will be required to be audited to conferm that they have suficient global currency to back all the local currency issued.

      Basicly it would be a return to how most people down threw history believed currency worked rather than the reality of exploitive fractional banking and out right FRAUD by bankers and governments that had NO actual inforcment to protect the people who used the currency.

      Today with modern computers and digital cameras and high speed global travel such a monitary system is both pratical and inforcable once a global monetary authority is established and the need is long over due!

      I am confident there are others more knolagable than my self who could fine tune this basic plan but compared to the OPAQUE and underhanded system that currently exists just about any thing that opens the public to seeing and understanding and simplifing would be much better and go a long way tward restoring public confidence that the money they need to use to function will HOLD its VALUE so they can not be ROBED by the GOVERNMENTS and BANKERS who DEBASE and DEVALUE their currency.

      the DUCK

    • Michael, re. this exchange:

      >>>REGARDING: There are no pigs listed as reserves at Central Banks. Are you referring to yourself? At those institutions, commodities cannot be assigned for that role either. Gold is listed. I see you are screeching again.

      RESPONSE: Harvey.., now I understand. You are just joking around. No one could be that dull-witted and still communicate (even if very poorly).
      1) Reserves are collateral
      2) Pigs placed in a central bank would be somewhat inconvenient

      DO YOU GET IT YET??????? <<<

      I see you still don't know what 'money' is. You confuse it with assets. After all this time, and you are still so full of ego that you can't explore what 'money' truly is. That's a shame. Pigs cannot be money. They can be a variable asset affected by care, feeding, weather, disease, age.

    • REGARDING: Gold is a money. It sits as a reserve at Central Banks. Paying for something with money is not 'barter'.

      RESPONSE: Okay..., I will play along with your JOKING.
      Gold sits at Central Banks as collateral (reserve) because of convenience.
      It takes very little room, will not alter its condition, and is easy to maintain (other than security), i.e., it is very user-friendly as collateral.

    • QWAK,mikiesmoky,WRONG ---- AGEN! GOLD has always been a UNIQUE comodity being BOTH MONEY and a mined metalic comodity---5000 years of HISTORY can NOT be just IGNORED and dismissed because it is convient to do so, the BANKERS and GOVERNMENTS have tried to do THAT many times and it has NEVER worked for more than a short time.

      the DUCK

    • REGARDING: Guess your still a bit slow on the draw today as well, Harvey. I had really hoped that I when I chose a coin which is inarguably money, but is "traded" due to its numismatic value, you would make the connection that gold, while once money and often a medium of exchange, is today an asset play like platinum. Apparently I have failed.

      RESPONSE: You have not failed.
      It is Harvey, who has failed and failed and failed..........................

      I just got an idea, which may (10%) work.
      Watch for my posting!!
      It is similar to your example.

    • View More Messages
 
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