I don't believe there are even accurate studies proving their effectiveness for the general population.
I do lab work for a living. I have to decontam, scrub up, and donning/doffing PPE and all that fun stuff, as to be able to proceed with culture work.
Culture work is when you take agar agar, a type of seaweed gelatin, add sugars or malt extracts and grow molds, bacteria, fungi. Viruses do not grow on this because they are not living organisms.
When I wear a mask I get clean colonies with stunning growth. When I don't, a forest of contaminants appear in the dish. The wide array of bacteria and mold is just staggering. Not washing my hands WHILE wearing a mask is almost worst, because you don't have to use your face to pick things up.
I can show you photos if you want to see real life first hand evidence.
The people who handle rare books, rare swords, clean your teeth, fix your organs, clean your house, strip asbestos, exterminate your bugs, handle rare books.. coins.. wear these masks and respirators. Why? Droplets fall on the metal and cause pitting or fall in your mouth and eyes. The spores and bacteria causing that rapid forest of growth is what would be falling in your mouth and on your eyes. These types of things settle in your lungs and cause pneumonia.
Viruses travel by the same route in which these spores and bacteria do, so it stands to logical reason that the growth would reflect viruses if they grew the way other organisms do.
I'm not being sarcastic or crappy or aggressive about it I'm a 100% willing to do this for you so you can see it for your own eyes. I can run a group of plates too and show you what they look like when I don't scrub, shower, change clothes, wear mask AND forego gloves. It's just unbelievable the plates get overrun before a few days can pass. With mask and gloves, literally nothing happens.
I agree but there is money to be made on boats! I bought a 2 year old boat on ebay that cost around 75 or 80K that was all but new for a little over 30K and got over 60K out of it after a season of using it! Now my next boat a different story since I dropped 20K into it to make it fast. Actually reduced what I could get for it stock aka the 20K out the window and then some.
@morgandollar1878 said:
I kind of chuckled a little bit when he called a yacht an asset, in my eyes it's a liability.
A friend of mine used to call boats "a hole in the water you threw money into".
I must be the friend since I said the same thing earlier in this thread.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
@jdimmick said:
Based on current auction prices, it isn't happening yet. Also, I agree, just because One guy has to sell a house at half price to move it for whatever reason doesn't mean the rest have too.
Also, I am not a real estate property owner, but have several customers who are. And one thing I have never understood is , if you have spaces, building, for lease , but nobody is leasing them currently, they will not drop the price to get somebody in (a lesser paying tennant, than nobody) Doesn't seem to work, the ones I know just leave it empty if they cant get the lease price they want. I have asked several of my customers who own property and they never have gave me an answer why this is. (is it some sort of tax break or write off?
Stubbornness. The same reason why some dealers will hold a coin for 20 years rather than sell it for a loss.
@roadrunner said: As we know, in a neighborhood of 100 homes currently valued at $1 million each, when a desperate seller accepts $500,000, the value of the other 99 homes immediately drops to $500,000.
Uhh.....no. Lost interest after that statement by the author. "Desperate sellers" don't define any markets.
Funny that they had to drop it THAT far to get it sold.
Your argument is predicated on the belief that if the value of an asset goes down as determined by the market, then all owners of similar assets are under pressure to sell, which simply isn't true.
My argument is predicated on the belief that if the value of an asset goes down as determined by the market, then all owners of similar assets are under pressure to lower their price if they wish to sell.
As pointed out by the author in the OP, this will result in lower prices.
It depends upon the area where the property is. More likely to be true in the areas where the petroleum booms are taking a knee to the groin
@jdimmick said:
Based on current auction prices, it isn't happening yet. Also, I agree, just because One guy has to sell a house at half price to move it for whatever reason doesn't mean the rest have too.
Also, I am not a real estate property owner, but have several customers who are. And one thing I have never understood is , if you have spaces, building, for lease , but nobody is leasing them currently, they will not drop the price to get somebody in (a lesser paying tennant, than nobody) Doesn't seem to work, the ones I know just leave it empty if they cant get the lease price they want. I have asked several of my customers who own property and they never have gave me an answer why this is. (is it some sort of tax break or write off?
It is because if they lower rent to get one person in, the rest of the tenants will ask for lower rent too. Tenants talk to one another.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
You guys should collect vintage sports cards. Prices continue to go through the roof for those.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
I have been surprised by the resilience in the coin market, but believe I have detected a few cracks in various areas. I would have to say that I would imagine there might be a number of buyers like me that probably get 10-20k worth of coins per year (well, sometimes more - LOL), but have really slowed up to see what might happen to the economy and my business in particular.
Love that Milled British (1830-1960) Well, just Love coins, period.
The continuing robustness of the headline coins that have been in major auctions is meaningless (yes - I'm going there) to either the future direction or the broader coin market.
Maybe we should start a poll. How many people on this forum have been furloughed? I'm guessing very few. How many people on this forum have been forced to take a pay cut? Very few.
However, all of that "living in the now" really ignores the possibility of longer term pain that affects everyone.
Now, the same privilege that has financially isolated you from any real pain so far probably also extends, for many of you, into the medium and long-term. But auction results require demand. Take a few people out of the pool and you will see price weakness.
Consider a couple possible scenarios..[If I knew what would happen, I wouldn't tell you and become rich.]
5+ years of economic stagnation as the economy is rebuilt after the banks collapse due to corona-fueled loan defaults. That means 5 years of 0% bond yields and 1-3% stock market yields. Would you still be as willing to pay the same price as you are today?
2-3 years of double digit inflation fueled by the $8 trillion in printed money. Your nest egg now has 1/2 the purchasing power as it once did. Would you still be as willing to buy as you are today?
How many buyers of [insert premium coin type here] need to put down their bidding cards before the price drops precipitously?
All comments reflect the opinion of the author, even when irrefutably accurate.
@morgandollar1878 said:
I kind of chuckled a little bit when he called a yacht an asset, in my eyes it's a liability.
The two best days in a man's life are the day he gets a boat and the day he finally sells it.
A boat is just a hole in the water that you pour money into.
It is very nice to have friends who have boats
Good to have friends with trucks too.
We live in Southern California.
Everyone I know including myself has a truck.
I thought people in Southern California cared about the environment.
Absolutely the environment is Californians Number one concern, 100%. We want to protect the extreme beauty of the Golden State.
False arguments when only hurt your future points. Common sense carries on. We want close to zero-emission trucks so we can go play in our wonderful state. Car companies, please provide us with viable zero-emission options.
A truck is a tool and most of us use the truck as a tool.
@morgandollar1878 said:
I kind of chuckled a little bit when he called a yacht an asset, in my eyes it's a liability.
The two best days in a man's life are the day he gets a boat and the day he finally sells it.
A boat is just a hole in the water that you pour money into.
It is very nice to have friends who have boats
Good to have friends with trucks too.
We live in Southern California.
Everyone I know including myself has a truck.
I thought people in Southern California cared about the environment.
Absolutely the environment is Californians Number one concern, 100%. We want to protect the extreme beauty of the Golden State.
False arguments when only hurt your future points. Common sense carries on. We want close to zero-emission trucks so we can go play in our wonderful state. Car companies, please provide us with viable zero-emission options.
A truck is a tool and most of us use the truck as a tool.
@ErrorsOnCoins said:
We want close to zero-emission trucks so we can go play in our wonderful state. Car companies, please provide us with viable zero-emission options.
@cameonut2011 said:
Does anyone know how to short the certified coin market for multiple pieces?
I've always wanted to figure out a way.
That doesnt surprise me
LOL. Well, there has to be a way to hedge holdings. Shorting isn't necessarily about betting against the market. It's a way to buy insurance to hedge risk in holdings.
All comments reflect the opinion of the author, even when irrefutably accurate.
Comments
I paid $3.05 for 91 octane in Southern California yesterday.
I do lab work for a living. I have to decontam, scrub up, and donning/doffing PPE and all that fun stuff, as to be able to proceed with culture work.
Culture work is when you take agar agar, a type of seaweed gelatin, add sugars or malt extracts and grow molds, bacteria, fungi. Viruses do not grow on this because they are not living organisms.
When I wear a mask I get clean colonies with stunning growth. When I don't, a forest of contaminants appear in the dish. The wide array of bacteria and mold is just staggering. Not washing my hands WHILE wearing a mask is almost worst, because you don't have to use your face to pick things up.
I can show you photos if you want to see real life first hand evidence.
The people who handle rare books, rare swords, clean your teeth, fix your organs, clean your house, strip asbestos, exterminate your bugs, handle rare books.. coins.. wear these masks and respirators. Why? Droplets fall on the metal and cause pitting or fall in your mouth and eyes. The spores and bacteria causing that rapid forest of growth is what would be falling in your mouth and on your eyes. These types of things settle in your lungs and cause pneumonia.
Viruses travel by the same route in which these spores and bacteria do, so it stands to logical reason that the growth would reflect viruses if they grew the way other organisms do.
I'm not being sarcastic or crappy or aggressive about it I'm a 100% willing to do this for you so you can see it for your own eyes. I can run a group of plates too and show you what they look like when I don't scrub, shower, change clothes, wear mask AND forego gloves. It's just unbelievable the plates get overrun before a few days can pass. With mask and gloves, literally nothing happens.
If this guy believes what is saying, he will move strongly into market short positions. Somehow I doubt that's happening.
I try not to worry over what others do or don’t do with their money or assets.
"She comes out of the sun in a silk dress,
running like a water color in the rain...."
A friend of mine used to call boats "a hole in the water you threw money into".
The Pawn Stars don't buy boats,,,,, well Corey did once,,,,the Old Man was a wise guy,,,,,,,
That's what the family in laws are for, they are all boat people. I am a somebody else's boat person!
I was told years ago that if you are ever invited on a private fishing boat, always say yes. If not, no more invites.
My tips are to:
Onboard, know your stuff, offer to pay more than your fair share, be a deckhand, know how to gaff a fish, help clean the fish and the boat.
I agree but there is money to be made on boats! I bought a 2 year old boat on ebay that cost around 75 or 80K that was all but new for a little over 30K and got over 60K out of it after a season of using it! Now my next boat a different story since I dropped 20K into it to make it fast. Actually reduced what I could get for it stock aka the 20K out the window and then some.
There's a lot of privilege parading around this thread.
All comments reflect the opinion of the author, even when irrefutably accurate.
Over 61 cents of that $3.05 was tax to the state of california.
I must be the friend since I said the same thing earlier in this thread.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Stubbornness. The same reason why some dealers will hold a coin for 20 years rather than sell it for a loss.
Funny that they had to drop it THAT far to get it sold.
It depends upon the area where the property is. More likely to be true in the areas where the petroleum booms are taking a knee to the groin
...all’s I know is that it’s both fun to buy coins and houses...time to spark another jay on the sand and then refill my Cherry Coke back up
It is because if they lower rent to get one person in, the rest of the tenants will ask for lower rent too. Tenants talk to one another.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
You guys should collect vintage sports cards. Prices continue to go through the roof for those.
Collecting 1970s Topps baseball wax, rack and cello packs, as well as PCGS graded Half Cents, Large Cents, Two Cent pieces and Three Cent Silver pieces.
Does anyone know how to short the certified coin market for multiple pieces?
I have been surprised by the resilience in the coin market, but believe I have detected a few cracks in various areas. I would have to say that I would imagine there might be a number of buyers like me that probably get 10-20k worth of coins per year (well, sometimes more - LOL), but have really slowed up to see what might happen to the economy and my business in particular.
Well, just Love coins, period.
I wonder what the average 401k holdings is and how people have fared with the move from pensions to 401k plans.
Good to have friends with trucks too.
We live in Southern California.
Everyone I know including myself has a truck.
I've always wanted to figure out a way.
All comments reflect the opinion of the author, even when irrefutably accurate.
The continuing robustness of the headline coins that have been in major auctions is meaningless (yes - I'm going there) to either the future direction or the broader coin market.
Maybe we should start a poll. How many people on this forum have been furloughed? I'm guessing very few. How many people on this forum have been forced to take a pay cut? Very few.
However, all of that "living in the now" really ignores the possibility of longer term pain that affects everyone.
Now, the same privilege that has financially isolated you from any real pain so far probably also extends, for many of you, into the medium and long-term. But auction results require demand. Take a few people out of the pool and you will see price weakness.
Consider a couple possible scenarios..[If I knew what would happen, I wouldn't tell you and become rich.]
5+ years of economic stagnation as the economy is rebuilt after the banks collapse due to corona-fueled loan defaults. That means 5 years of 0% bond yields and 1-3% stock market yields. Would you still be as willing to pay the same price as you are today?
2-3 years of double digit inflation fueled by the $8 trillion in printed money. Your nest egg now has 1/2 the purchasing power as it once did. Would you still be as willing to buy as you are today?
How many buyers of [insert premium coin type here] need to put down their bidding cards before the price drops precipitously?
All comments reflect the opinion of the author, even when irrefutably accurate.
Fidelity could probably give you that info.
I thought people in Southern California cared about the environment.
Absolutely the environment is Californians Number one concern, 100%. We want to protect the extreme beauty of the Golden State.
False arguments when only hurt your future points. Common sense carries on. We want close to zero-emission trucks so we can go play in our wonderful state. Car companies, please provide us with viable zero-emission options.
A truck is a tool and most of us use the truck as a tool.
Common sense, and not false options ...
That doesnt surprise me
x
Comment was made in jest. No arguments.
LOL. Well, there has to be a way to hedge holdings. Shorting isn't necessarily about betting against the market. It's a way to buy insurance to hedge risk in holdings.
All comments reflect the opinion of the author, even when irrefutably accurate.
Pressure....perhaps. Threat, I don't think so. Who or what poses the threat? Who exactly is doing the threatening?