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Recent content by Lumpy

  1. L

    This is a discussion that needs to be started...

    HOT! 
    GlobalWealth, a dictionary definition really is of no use in this discussion, as I'm sure you know. However as you brought it up, Gold is NOT "generally accepted as a medium of exchange" in the U.S. nor most advanced economies of the modern world. I know you WANT it to be, but it just isn't and...
  2. L

    This is a discussion that needs to be started...

    HOT! 
    OK, so we can discuss this without ridicule...great. I just don't see the U.S. people using gold as a currency for everyday activities. We are not Zimbabwe as you know. There is no logical reason for a dollar collapse anytime in the foreseeable future, IMO. HOWEVER, I totally agree that the...
  3. L

    This is a discussion that needs to be started...

    HOT! 
    "Has been" is not the same as "is". Take a sliver of gold down to 7-11 and see if you can buy a Big Gulp. How 'bout your local supermarket for a loaf of bread? Not money. It most certainly WAS money for thousands of years but of course that has nothing to do with today and my comments. 1 in 1000...
  4. L

    This is a discussion that needs to be started...

    HOT! 
    Well, I guess someone answered my question to kwerner - not sure why becuase it was asked of someone else ... but whatever. Wimt, just how much gold do you own? In what form? Ever try to use it to buy something? Is it your life savings or do you own other investments? Anyhow, the point is...
  5. L

    Need feedback on a business idea buying and reselling!

    IDEA 
    You could be like a garage sale for them - without the hassle of having a garage sale. If you'd come back after they got some stuff together and make them offers on some or all of it then they can do the same thing a garage sale would do for them. Everyone (almost) hates the hassle of a garage...
  6. L

    Need feedback on a business idea buying and reselling!

    IDEA 
    That's an interesting topic. My son (HS Student) has a business buying on CL and selling on eBay so I have some experience with what you are talking about. My nature of the huge audience of potential buyers, eBay has become a very efficient marketplace - things sell for about what you could...
  7. L

    This is a discussion that needs to be started...

    HOT! 
    That's about what I expected. Anyhow, to get back to the discussion, IF you believe all the Zombie Apocalypse stuff just understand one thing... There are plenty of Fastlaners getting rich selling stuff to the preppers. It's a huge business. Nothing wrong with that, just know your place in the...
  8. L

    This is a discussion that needs to be started...

    HOT! 
    Let's see... prior to the industrial revolution? Gee, I can't say exactly. Some had trades some farmed some hunted, some made clothes ... I guess a lot of things. Can you make a shirt without a sewing machine? With one? I can't but people could 200 years ago. Can you ride a hourse across the...
  9. L

    This is a discussion that needs to be started...

    HOT! 
    So, sounds like I'm dealing with a "guns and seeds" wannabe here. Well, "dude" about how many men have you gunned down protecting your riches so far? Have you kept count? I now know you are an internet forum tough guy, but in real life? Farming is a very complicated business as a matter of...
  10. L

    This is a discussion that needs to be started...

    HOT! 
    What do you mean by "real" questions. They are questions. Real? Well, I guess so - there they are on the computer screen. I guess you can take them as rhetorical questions if you'd like. The point is, very few who profess the "guns and seeds" solution have any idea what they're talking about...
  11. L

    This is a discussion that needs to be started...

    HOT! 
    Hers' where all this "guns and seeds" stuff breaks down - What are you actually going to DO with your gun and seed stockpile when the bleep hits the fan? Do you really plan to be a black-market gun dealer? Do you have the know-how and infastructure to deal, let's say $500k worht of guns? I sure...
  12. L

    How to sell a product that people don't want?

    Not to be a wise guy... but selling "attraction" doesn't seem to be all that hard. There are billions spent every year on self-confidence and attractiveness. I know you aren't selling physical attractiveness per se but attraction is also coveted. What have you tried so far? If what you sell...
  13. L

    Never Work Another Day in Your Life...

    INVESTING 
    Pete, be careful in thinking you can always minimize losses with stop losses. When you say "set stop losses right around break even" a red flag goes up in my mind. If it was that easy - make profitas on some trades, break even on the "bad" ones - then everyone would be doing this... they...
  14. L

    Hey from California

    Well, much better to be "too young" than "too old"! Just a word to the wise... read the book and DON'T ignore the advice about DON'T just do what you enjoy, start a business that meets a need for a wide audience. Also, it's all about DOING - there are millions of big thinkers out there with a...
  15. L

    My Idea...Advice Please!

    IDEA 
    I think the language idea has a LOT of potential - I have kids taking Spanish and I think that would be a great addition to their school learning! Develop it! The baby/child idea, IMO, is a total non-starter. Any parent who would provide ANY info on their 5 and under child online is a total...
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