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-   -   Stock market/banking sector insanity (http://www.classicseacraft.com/community/showthread.php?t=18825)

Briguy 01-20-2009 10:42 PM

Re: Stock market/banking sector insanity
 
And just when you think it couldn't get any worse. Cash is king.

NoBones 01-21-2009 12:05 AM

Re: Stock market/banking sector insanity
 
Invest in bullets...
They will be worth more than any precious metals....

Change you can believe in !!

Bigshrimpin 01-21-2009 01:55 AM

Re: Stock market/banking sector insanity
 
Thanks BriGuy for the heads up before all this went down!!

Mark 01-21-2009 02:16 AM

Re: Stock market/banking sector insanity
 
Quote:

Invest in bullets...
They will be worth more than any precious metals....

Change you can believe in !!

Their value is going up daily right now. Match-grade .308's are double what they were a month ago. Find one other investment that DOUBLED in the past six weeks -

Fr. Frank 01-21-2009 09:37 AM

Re: Stock market/banking sector insanity
 
Look at the price for 100 rd. bricks of Remington .45 ACP 230gr. hollow points. I paid $37 in October, and they're now $89.:eek:

On the other hand, 2 weeks ago I found 2 1440 rd. cases of Polish berdan-primed mil-surp 7.62x39mm for a family member for only $126 a case, and 1 900 rd. sealed tin of brass/boxer 9x19mm +P for only $79. That's under 9 cents a round.

I only wish .30-06 and .45 ACP was so cheap. :(

(sigh) I guess I'll have to handload

Briguy 01-21-2009 02:06 PM

Re: Stock market/banking sector insanity
 
Quote:

Invest in bullets...
They will be worth more than any precious metals....

Change you can believe in !!

The gun show is coming to my town in a week. i'll be buying some reloadable 5.56 ammo.
B

mnwnvc 01-21-2009 04:27 PM

Re: Stock market/banking sector insanity
 
I hand load 45 ACP for about 10 cents per round component cost. Of course you need to figure in the cost of the Dillon press. Component prices have also shot through the roof.

Briguy 01-22-2009 01:11 AM

Re: Stock market/banking sector insanity
 
I have only heard excellent comments from friends in the know about dillon presses.

Did you all see Ken Langone on CNBC tonight. He was only days away from investing as much as 100 million with Madoff but when he met M, something threw him off and he passed!

Mark 01-22-2009 11:00 PM

Re: Stock market/banking sector insanity
 
UPS just showed up with yet another VERY heavy box. They've gotten more than a little used to delivering those boxes that say "ORD" on the side :D

NoBones 01-23-2009 01:08 AM

Re: Stock market/banking sector insanity
 
Quote:

UPS just showed up with yet another VERY heavy box. They've gotten more than a little used to delivering those boxes that say "ORD" on the side :D

;) ;)
Even my UPS driver has joined in the collecting mode...

See ya, Ken

BigLew 01-23-2009 07:58 AM

Re: Stock market/banking sector insanity
 
Hey NoBones,

What's your Chimp's name...Bang-Bang? :D :D

Capt Chuck 01-23-2009 10:41 AM

Re: Stock market/banking sector insanity
 
Quote:

UPS just showed up with yet another VERY heavy box. They've gotten more than a little used to delivering those boxes that say "ORD" on the side :D

Riley gets a cookie from the UPS driver. What do you get? :eek:

NoBones 01-23-2009 10:53 AM

Re: Stock market/banking sector insanity
 
Quote:

Hey NoBones,

What's your Chimp's name...Bang-Bang? :D :D

Chitty Chitty Bang Bang Bang Baannngg... :eek: :D :D

Mark 01-23-2009 12:31 PM

Re: Stock market/banking sector insanity
 
Quote:


Riley gets a cookie from the UPS driver. What do you get? :eek:

lead.

joey 01-23-2009 08:19 PM

Re: Stock market/banking sector insanity
 
The make us shoot steel :(

Ed 01-24-2009 02:53 AM

Re: Stock market/banking sector insanity
 
Hey Mark-

Are you the only red-headed, freckled cowboy out west?

Maybe you are related to Yosemite Sam.....

Ryank 01-24-2009 08:51 AM

Re: Stock market/banking sector insanity
 
Anyone ever shoot those blazer rounds or blazer brass from Wal-mart? anything bad about them?

Fr. Frank 01-24-2009 10:24 AM

Re: Stock market/banking sector insanity
 
Quote:


I hand load 45 ACP for about 10 cents per round component cost.

Where do you get components for that little? I can't get once fired brass that cheaply

mnwnvc 01-24-2009 01:07 PM

Re: Stock market/banking sector insanity
 
I was not counting the cost of the brass. I have several thousand cases that I cycle through. Bullets, lead SWC are $80 a thousand, Primers $18 a thousand and powder about $18 a pound. So maybe it is closer to 11 or 12 cents a round. When I was buying cases they were 10 cents ea. I have picked up more cases on the range for free than I will ever need.

Mark 01-24-2009 02:00 PM

Re: Stock market/banking sector insanity
 
Quote:

Are you the only red-headed, freckled cowboy out west?


No freckles, and if I had red hair I'd shave my head. As such, no on either case ;)

Ed 01-27-2009 12:39 AM

Re: Stock market/banking sector insanity
 
My bad...could have sworn you were a carrot top.

Snookerd 01-30-2009 05:16 PM

Re: Stock market/banking sector insanity
 
Mortgage Lending Insanity Update-
Low rates on mortgage loans with disappearing equity equals no borrowers on refi's and only a few people buying when the media reports another 12 months of value declines. Rates still in the 4.875% range. Delinquent mortgages at 7%.

Now.........back to the gun and ammo discussion :eek: :eek: :D :D


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