Tuesday, December 19, 2006

From the Whiskey and Gunpowder folks, some advice:
Let's now return to my previous question: "In what time frame will the current (and probably soon-to-be confiscated) nickel be worth more than a dollar?"

Aaron Krowne gave a couple of possible answers to that question on AutoDogmatic.com:

“If base metal values continue to increase by 5% per year on average, and the dollar continues to depreciate by about the same, then in about 26½ years, a nickel will be worth a dollar in inherent value. If the rates are 10% per year, then in a bit over 13 years, this milestone will be reached.”

Some might think Aaron is asking too much, others too little, and in the short term, I am still calling for a pullback in copper prices. But what's to lose by hoarding nickels? Oddly enough, hoarding nickels is a hedge against both hyperinflation and deflation. If hyperinflation kicks in, a nickel might be worth more than a quarter (in metal content) in no time flat. If deflation kicks in as I suspect, cash will be a good thing to have. If you are going to hold cash (change), it may as well be in nickels.

Monday, December 11, 2006

'Tis the season...

Have you heard? There is support for the Biblical use of the stars for "signs and seasons." I'm thinking of signs in particular.

Go to the "Star of Bethlehem" for a treatise on some very "coincidental" astronomical happenings around the time of our Savior's birth.

(See if you can catch the point that I like... ;^)

Tuesday, December 05, 2006

A bit of wisdom:
You can't always get what you want, but you can always get what you don't want.


:^) Use it freely - with attribution.

Thank you, thank you.