I can't believe what I just heard at the bank...

[madfranks]

So there I was trying to withdraw some cash when the guy next to me starts up a conversation with his teller and it goes something like this:


"Is that one of those new gold dollar coins?"

"Yep."

"You know, I've heard of people buying rolls of those coins from the US Mint, then turning around and selling them for a gigantic profit because they're made of gold and the price of gold is really high right now."

"Wow, I didn't know that"

"Yeah, the Mint hasn't adjusted their prices to account for how expensive gold is, so people are buying tons of gold coins from them and making tons of money selling them to coin shops. I'd do it myself, but my conscience won't allow me to take advantage of the government's mistake."

At this point I was declining the offer for a new savings account from my teller, and part of me wanted to interject and correct the man, but I didn't want to be "that guy" who interrupts other people's conversations to correct them, so I laughed my way out of the bank instead.

[Dogman]

A little ignorance is sometimes only skin deep. Being totally ignorant goes deep to the bone!

Sad!

[Twisted Titan]

I'd do it myself, but my conscience won't allow me to take advantage of the government's mistake."


http://www.youtube.com/watch?v=qdFLPn30dvQ

[Dogman]

http://www.youtube.com/watch?v=qdFLPn30dvQ
I'd do it myself, but my conscience won't allow me to take advantage of the government's mistake."


http://www.youtube.com/watch?v=qdFLPn30dvQ

[AndreaGail]

wow! just wow...

[midnight rambler]

Thx for the yuks!

Scary, isn't it? This type will be the first to perish.

[Spectrism]

When there are two of you in the forest, you don't have to outrun the bear. You only have to outrun the other guy. Be glad for the slower among us. They will step in the boobytraps, volunteer for dumb assignments, buy junk and sell good stuff. My father taught me these principles when I was a child. He saw them being played on the rest of humanity by the global elite.

What becomes dangerous, is educating these dumbasses. Here is how the bible warns us:

Mat 7:6 Give not that which is holy unto the dogs, neither cast ye your pearls before swine, lest they trample them under their feet, and turn again and rend you.

[palani]

Technically ... this was on national news several days ago ... the mint operates a program that gives you free air miles for purchasing Sacawagea dollars by the roll or by the crate. They even offer free shipping. Has something to do with a bill from Congress that requires Treasury to push $1 billion of these coins out to society.

Once received people just take them to the bank to cash them in to pay for the purchase, stack up frequent flier miles and take a vacation. But now that the mint has caught on they limit the number of purchases ... but you can still rack up 3,000 miles a month.

There is gold in them thar hills after all.

[Horn]

Sometimes its fun to sit in the parking lot at the bank, and watch the number of people who come out talking to themselves.

Its like 2 out of 3.

[midnight rambler]

Speaking of stupid human tricks, I was just at the grocery store where I witnessed this woman REPEATEDLY try to cramp a mini-shopping cart into a nest/stack of full-size shopping carts but for some reason she just couldn't seem to figure out they aren't compatible. What a hoot that was.

[Spectrism]

Speaking of stupid human tricks, I was just at the grocery store where I witnessed this woman REPEATEDLY try to cramp a mini-shopping cart into a nest/stack of full-size shopping carts but for some reason she just couldn't seem to figure out they aren't compatible. What a hoot that was.

Did you feel like you were watching a zombie movie.... sometimes it is just to surreal.

[mightymanx]

http://www.youtube.com/watch?v=BXRjmyJFzrU&feature=related
http://www.youtube.com/watch?v=BXRjmyJFzrU&feature=related

Welcome to real life movies

or taken another way

Life immitates art.

[Serpo]

I can't believe what I just heard at the bank..............Im sorry but we are all out of cash

[Joe King]

...but we have boatloads of these golden tokens if you'd like those instead. lol

[Buddha]

So there I was trying to withdraw some cash when the guy next to me starts up a conversation with his teller and it goes something like this:



At this point I was declining the offer for a new savings account from my teller, and part of me wanted to interject and correct the man, but I didn't want to be "that guy" who interrupts other people's conversations to correct them, so I laughed my way out of the bank instead.

An x of mine used to work as a bank teller. She would tell me stories of a few men that would come in and do the exact same thing. She would tell them that they were not really gold and to perhaps buy silver rounds instead. They would look at her like she was insane.

[ximmy]

Sometimes its fun to sit in the parking lot at the bank, and watch the number of people who come out talking to themselves.

Its like 2 out of 3.

Have you sought counseling for this abnormality?

[drafter]

Sometimes its fun to sit in the parking lot at the bank, and watch the number of people who come out talking to themselves.

Its like 2 out of 3.

Yeah thats me. I'm usually saying something like,"Holy WTF??? Why can't they get their SH*T together!!". Just feels better when I say It out loud I guess.

[ximmy]

These coins are legislatively required to represent at least 20% of all annual $1 coin production; however, unlike the Presidential $1 coins, there is no legislative requirement for the Reserve Banks to offer the coins during an introductory period. As a result, the Reserve Banks have not ordered the coins from the US Mint, although the US Mint is still required to produce them...

As of May 31, 2011, the number of $1 coins held by Federal Reserve Banks has grown to 1.252 billion. Based on current trends, it is expected that the total inventory may grow to more than $2 billion by the end of the program.

In order to store the growing hoard of $1 coins, the Reserve Banks will construct a new storage facility at the Federal Reserve Banks of Dallas. The cost of the facility will be approximately $650,000, with additional costs of more than $3 million to ship the $1 coins from other Reserve Banks to the new facility. The report notes that these expenditures will have “no perceptible benefit to the taxpayer.”


Wonderful... ::)

http://news.coinupdate.com/new-report-provides-details-of-dollar-coin-hoard-and-associated-costs/

[Shami-Amourae]

Adam Kokesh covered this:

From June

http://www.youtube.com/watch?v=MDmtck38iK8

Just a the other day:

http://www.youtube.com/watch?v=HSitzP2sBmo

[Horn]

Yeah thats me. I'm usually saying something like,"Holy WTF??? Why can't they get their SH*T together!!". Just feels better when I say It out loud I guess.

My frustration starts somewhere before the little ledger table in the middle of the room.

[palani]

If you don't desire to pay into the national debt I have been told that dealing in coins is one way to do it. There are no "FEDERAL RESERVE" markings on any coin that is currently circulating.