Billionaire buys 20 million circulated Jeffersons

DJ Off topic, Do you have any more pics of that E-type that is your avatar? I love those little cars

 

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Yeah, I would love those as well. I bought my 260z in college mainly because it reminded me so much of a E car, (and of course didn't have that dreaded English wiring).

 

Trolls gonna troll

 

With a weight like that, he'd need a special room to hold those, wouldn't he? I mean I'd be concerned about the structural integrity of any floor under that weight...

 

:too-funny:

I guess pointing out the obvious today is "internet trolling" huh? Lol.

 

The truth He is really SMART PERSON that's why He BECOME BILLIONAIRE! That's the FACT....IF I am One of the member of a Billionaires Club and my name is not so Famous and I wanted my name to be in the MAP, I will file a Candidacy as President of UNITED STATES even I know I will not going to WIN. Money is Not an OBJECT to any Billionaires they do NOT care about the Money just make himself to BE HAPPY on it! Just my 11c.

What about buying 1794 1$ Silver Dollars for over Ten Million US Dollars. Do you all think that's an INVESTMENT?

 

Awesome car too, I used to drool over a 240z that had a home around the block from me. I hope yours was not the 2+2 version IIRC the 260 was only available in the US in 1974.

 

That was a sarcasm comment.

 

Yo Tinpot,

Nobody to vent your frustration at in the Bullion investing section? Not cool at all dude.

 

E-Types are one of my favorite cars too. Here's a few that I've seen. sadly, I didn't have my camera with me when I saw any of them though so they're all cell phone photos.

 

I hope you are joking

 

Is your avatar Louise Brooks?

 

Meh. He's a billionaire. He probably wipes with hundred dollar bills.

 

Some day we all may be using them for that.

 

If I had that many coins I'd sit on them, like a dragon fond of nickel and copper.

 

Wow, thats some nickel stackin!!!! I like it! He must know that they are gonna change the metal composition soon and then the nickel will not be artificially held down in price anymore.

 

Wouldn't you do the same if you could go back to 1962 (with silver)? Maybe we should all take serious note of this (of course go for the unc's if you can get them)

 

Apples to... sports cars. Seriously, this analogy is irrelevant. Nickel/Copper are base metals. They're called such, because they're highly abundant and easily extracted.

Annual copper production: 16mm tonnes
Estimated reserves (using current technology): 1.4B tonnes

Also, copper is VERY cheap to recycle.

The value of nickel will be limited by the availability of alternative products for nickel stainless steel. When the cost of nickel went up in 2005, alternatives were developed. Nickel currently has a price of half that.

A billionaire places $1mm into nickels with the expectation that if it gets to $1.3mm in ten years, they will have received a better return than treasuries. A nickel hoarder places $100 into nickels with the expectation that "at some point in the future," nickel will be worth "the same as silver is today!"

Seriously, collect nickels for how they look, not for what they contain in metal.

The idea of getting rid of the penny or nickel due to costs wouldn't be an issue if people didn't take them out of circulation for speculative purposes.

At the time that silver was taken out of the minting equation, silver was a precious metal. It wasn't a valuable metal, but it qualified as precious due to rarity in the earth. It's entirely possible that we will have a colony on another planet before copper becomes a precious metal.