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- - Which Would The Average High School Student Choose? (http://goldismoney.info/forums/showthread.php?t=113142)

Kahlil Gibran | 02-23-2007 01:57 PM
Which Would The Average High School Student Choose? 2 Attachment(s) Attachment 24597 Attachment 24598 :9536: Both say $50 and Wal-Mart has that cool new jacket ON SALE TODAY!!!

Big_Rob | 02-23-2007 02:02 PM
Re: Which Would The Average High School Student Choose? I think we all know the answer to that question. http://www.no-pain-no-gain.com/image...0dayem%202.jpg

drafter | 02-23-2007 02:07 PM
Re: Which Would The Average High School Student Choose? One of my daughters would take the coin the other would take the FRN. They're as different as night and day. That's why one daughter has a safe full of silver and the other has an Ipod.

zeedub | 02-23-2007 02:16 PM
Re: Which Would The Average High School Student Choose? Great idea for a thread! Some of my peers often brag about there new expensive clothing (ie. a new $ 200 jacket) I tell them to consider this... Take $ 200 and buy a 10oz bar (rounded for simplicity) then hang on to it for a year.. and sell..youve got your principle back plus any profit... then go down to value village and buy their jacket for $ 7.99 you can see the lightbulb come on...

Kahlil Gibran | 02-23-2007 03:59 PM
Re: Which Would The Average High School Student Choose? Quote:
Originally Posted by zeedub (Post 519728) Great idea for a thread! Some of my peers often brag about there new expensive clothing (ie. a new $ 200 jacket) I tell them to consider this... Take $ 200 and buy a 10oz bar (rounded for simplicity) then hang on to it for a year.. and sell..youve got your principle back plus any profit... then go down to value village and buy their jacket for $ 7.99 you can see the lightbulb come on...
Until I surfed into GIM the real value of a $50 AGE was unknown to me. I am wondering in this thread if most High School Students today would understand that they can have that cool new jacket and over $600 in cash if they just chose the $50 AGE. :beer:

sindgefallen | 02-23-2007 04:01 PM
Re: Which Would The Average High School Student Choose? Quote:
That's why one daughter has a safe full of silver and the other has an Ipod.
:haha: :haha: :haha: :haha: :haha: That's funny, I bet they fight alot too huh? It must be funny just to sit back and watch em be so darn different. Makes ya wonder where they got it.:chat:

zeedub | 02-23-2007 04:05 PM
Re: Which Would The Average High School Student Choose? not too many of them... I often ask people what an oz of gold is worth.. on average its about $ 2-300

zeedub | 02-23-2007 04:06 PM
Re: Which Would The Average High School Student Choose? Quote:
Originally Posted by Big_Rob (Post 519706) I think we all know the answer to that question. http://www.no-pain-no-gain.com/image...0dayem%202.jpg
Best response EVER

drafter | 02-23-2007 04:14 PM
Re: Which Would The Average High School Student Choose? Quote:
Originally Posted by sindgefallen (Post 519885) Makes ya wonder where they got it.:chat:
Let's just say my wife doesn't share my enthusiasm for PMs. So I gess I'm partialy victorious. I keep telling the older one she'll be listening to that Ipod wondering why she doesn't have a car, while the other one is "already" in down payment territory, and will be able to pay cash for a car when the time comes.

Wyldwil | 02-23-2007 07:38 PM
Re: Which Would The Average High School Student Choose? .....you don't have to be a bug to know that gold is frickin' valuable....:rofl:

drafter | 02-23-2007 08:39 PM
Re: Which Would The Average High School Student Choose? Well I had a chance to ask the "saver" daughter, which she'd take, she said "duh, the coin!". Good girl. I'm so proud. I asked the "Ipod" daughter and she answered, "which one is worth more?". Figures.

Krugerrand | 02-23-2007 08:53 PM
Re: Which Would The Average High School Student Choose? I think most would chose the "fifty bucks" (FRN). They know they can spend that at McDonald's or the movies or on some new rap CD, while most stores probably wouldn't accept the gold coin. And if they're each $50.....:bear_whistle: :bear_wacko:

Copperhead | 02-23-2007 08:59 PM
Re: Which Would The Average High School Student Choose? Quote:
Originally Posted by drafter (Post 520239) Well I had a chance to ask the "saver" daughter, which she'd take, she said "duh, the coin!". Good girl. I'm so proud. I asked the "Ipod" daughter and she answered, "which one is worth more?". Figures.
No offense please drafter, but if she didn't know the answer to that it's your fault.

drafter | 02-23-2007 09:06 PM
Re: Which Would The Average High School Student Choose? Quote:
Originally Posted by Copperhead (Post 520260) No offense please drafter, but if she didn't know the answer to that it's your fault.
I've tried, I've tried....

Copperhead | 02-23-2007 09:08 PM
Re: Which Would The Average High School Student Choose? Quote:
Originally Posted by drafter (Post 520265) I've tried, I've tried....
I think a father daughter trip to the coin shop is in order.:yes:

Kahlil Gibran | 02-23-2007 09:08 PM
Re: Which Would The Average High School Student Choose? Quote:
Originally Posted by Copperhead (Post 520260) No offense please drafter, but if she didn't know the answer to that it's your fault.
Let's not take this thread personal. drafter has posted great comments in this thread. Exactly what I was seeking. :smile:

drafter | 02-23-2007 09:46 PM
Re: Which Would The Average High School Student Choose? No offense taken, I would probably say the same thing. Oddly enough both my kids watch very little television and are good students, but it's hard to break that "keeping up with jones" mentality when "all their friends" are swimming in "popular culture". And in case anybody wonders, I didn't buy the "Ipod daughter" the Ipod, she earned the money herself babysitting and that's how she chose to "waste" it. I have hope she'll come around eventually.

Kahlil Gibran | 02-23-2007 09:58 PM
Re: Which Would The Average High School Student Choose? Quote:
Originally Posted by drafter (Post 520303) No offense taken, I would probably say the same thing. Oddly enough both my kids watch very little television and are good students, but it's hard to break that "keeping up with jones" mentality when "all their friends" are swimming in "popular culture". And in case anybody wonders, I didn't buy the "Ipod daughter" the Ipod, she earned the money herself babysitting and that's how she chose to "waste" it. I have hope she'll come around eventually.
They didn't teach me about the FED or currencies in High School and I wonder if anything has changed. I had to surf into GIM to get a clue. I wonder if a kid knows how much an ounce of gold is worth in FRNs. :beer:

mjk1971 | 02-23-2007 11:34 PM
Re: Which Would The Average High School Student Choose? I just asked my high schooler...she said, "shiny!" Then I told her she made the right choice...and why. :clap2:

tinman | 02-24-2007 12:23 AM
Re: Which Would The Average High School Student Choose? I don't know, a fifty with all zero's serial number could probably go for a lot of money.

Big Mac | 02-24-2007 01:22 AM
Re: Which Would The Average High School Student Choose? I'm 43 and only got interested in metal about two years ago. Just think of what I could have aquired if only I knew better. I bet I put pre-65's in gumball machines when I was younger!

1977topps | 02-24-2007 08:42 AM
Re: Which Would The Average High School Student Choose? My two younger sons ages 9 and 11, both chose the gold coin because "it's awesome", and "it's cool". They are not yet in high school, but they're on the right track.

____hoot____ | 02-24-2007 10:34 AM
Re: Which Would The Average High School Student Choose? Hell, it didn't sink into my dimly lit brain until I had lost most of my mercury filled teeth after two rounds of chemo therapy,:thinkey: that the pound refered to as the standard British currency denomination used to at one long ago time mean a pound of SILVER!

highroller4321 | 02-24-2007 10:37 AM
Re: Which Would The Average High School Student Choose? I recently got out of high school and I have no doubt in my mind that 99% of high school students would choose the $50 bill

catbox_9 | 02-24-2007 02:26 PM
Re: Which Would The Average High School Student Choose? I'm in my second year of college at UCLA (where people should be somewhat smart) and everyone would take the paper money. Somehow gold came up in a biology lecture last year and the professor asked what gold costed an ounce because he didn't know. The class seemed to think it was about $10 or so an ounce (it was about $600 at the time, silver was over $10) and he told them it was actually quite valuable - $3000-$5000 an ounce at current prices (give or take a little, he wasn't 100%). I wanted to correct him but it probably wasn't worth it. We also came to a consensus that silver was a dollar or two an ounce and platinum was either $20 or $10,000 an ounce depending on who you ask. Also, an even better question would be chose one of the following: A. 1 $5 AGE B. 1 $10 APE C. 75 Morgan Dollars D. 70 ASEs E. 100 FRNs Something tells me 95% of Americans in general would take the 100 dollars.

Tragedy Trousers | 02-24-2007 03:29 PM
Re: Which Would The Average High School Student Choose? Most people choose way too low on the price of gold. I showed a coworker a 1/2 oz 50 dollar Gold Kangeroo. She was flabergasted a coin that small could be worth 50 dollars! I really blew her away when I told her the actual price of it.

Kahlil Gibran | 02-24-2007 03:46 PM
Re: Which Would The Average High School Student Choose? Seems as though TPTB intentionally don't want this taught to the public school sheeple. Intentionally. :thinkey: not the kid's fault

drafter | 02-24-2007 06:34 PM
Re: Which Would The Average High School Student Choose? Quote:
Originally Posted by Tragedy Trousers (Post 520891) Most people choose way too low on the price of gold. I showed a coworker a 1/2 oz 50 dollar Gold Kangeroo. She was flabergasted a coin that small could be worth 50 dollars! I really blew her away when I told her the actual price of it.
It's prett amazing isn't it. I bought the one daughter a 1/10oz Gold Lunar for christmas and everybody was flabbergasted at what that tiny little thing cost.

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