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Goald | 12-07-2007 03:52 AM
What's Your Cash Position? How much of your net worth do you hold as FRN's in possession (i.e.not at the bank)? It can be other fiat paper also and you can enter the amount that you are looking to accumulate even if you haven't yet, or what you like to have in reserve even if it dwindles.

Tn...Andy | 12-07-2007 07:09 AM
Re: What's Your Cash Position? Kind of a personal question, which explains the views and no answers, huh ? Sort of like "How many assualt rifles do you own and exactly how much ammo do you store for them ?"

Osaka | 12-07-2007 08:13 AM
Re: What's Your Cash Position? Which bank do you use and what is the account number?

Atahualpa | 12-07-2007 08:54 AM
Re: What's Your Cash Position? Weak and getting weaker.

cortez | 12-07-2007 09:09 AM
Re: What's Your Cash Position? where do you live? safe combo? where's your gold? arrrgh

shades2 | 12-07-2007 09:35 AM
Re: What's Your Cash Position? How may I rob thee, let me count the ways... Even the Government is more subtle than this! =)

eyeofliberty | 12-07-2007 10:43 AM
Re: What's Your Cash Position? My cash position? I maintain that cash, a.k.a. FRNs, is fiat paper and will some day return to its inherent value, which is zero. That's my story, and I'm sticking to it!

goddess | 12-07-2007 10:48 AM
Re: What's Your Cash Position? I'm on welfare, dose the $700 in food stamps I have count as cash?

Mastro | 12-07-2007 11:06 AM
Re: What's Your Cash Position? You forgot the 1-10 dollar range.

shades2 | 12-07-2007 12:02 PM
Re: What's Your Cash Position? Does debt count? 'cos once I deduct that from my cash reserve, well..

MOD1 | 12-07-2007 01:02 PM
Re: What's Your Cash Position? "Are your papers in order?" Take care, Mod1

<SLV> | 12-07-2007 04:37 PM
Re: What's Your Cash Position? I throw my spare cash into gold ASAP. Paper is the "hot potato"... don't want to be stuck with it when the music stops.

Anty Ep | 12-07-2007 04:38 PM
Re: What's Your Cash Position? Quote:
Originally Posted by Goald (Post 863185) How much of your net worth do you hold as FRN's in possession (i.e.not at the bank)? ,,,,,,,,,.
where's the negative numbers dude?

mtnman | 12-07-2007 05:51 PM
Re: What's Your Cash Position? Do my 400-500lbs of pennies count? How bout my wooden nickel collection? My pockets have holes in them, cash just flows through LOL!

Fullpower | 12-07-2007 08:37 PM
Cash... You mean Federal reserve notes? Generally I dont keep more than fifteen hundred or so in my pockets. I dont like to leave the house with less than a thousand or so, but I am running a bit low this time of year, bought a few Birth-week presents for wife, and christmas stuff for the kids have taken a bit of the cash supply. It is always a good idea to keep a few thousand in cash stashed somewhere around the office, in case a transportation issue crops up at an odd time. If you have money on deposit at a "bank" you may wish to reconsider your strategy given the current finance/economic situation.

Silver Spoon | 12-08-2007 12:31 AM
Re: What's Your Cash Position? Roughly 2 1/2 ounces of gold worth in "cash". I don't hold any "real" amount of money in the bank. We have seen one bank run (Rock in the UK). I doubt it'll be the last.

bottom feeder | 12-08-2007 01:03 PM
Re: What's Your Cash Position? Yep. What they said — 15, 20 dollars or so. Oh, BTW, good luck on the accuracy of your poll. bf

Squirrel Bait | 12-09-2007 12:56 AM
Re: What's Your Cash Position? I really envy the10K+ guys. Just can't swing it. Maybe I can time it. Yeah, that's my plan. Either that or I've got to bury a bunch of shit, uhm stuff. Somebody said the music is gonna stop. What's that mean?:bath: sb

Dave Thomas | 12-09-2007 03:04 AM
Re: What's Your Cash Position? Lets say you do stash a bunch of cash in a footlocker thats buried under your outhouse. So the treasury department comes up and changes the bill couple of times. Can you go to the bank several years later and present them with such an "Aged" relic? Or will they just turn you away? http://farm1.static.flickr.com/126/4...4c9d3e0731.jpg Whats the cutoff date for honoring old FRNs? I always remember that dukes of hazzard episode where boss hog found a cache of cash, and at the end of the episode it was confederate money.

Ghost Recon | 12-09-2007 07:52 AM
Re: What's Your Cash Position? trade those frn's in for freezdried food, clothes, boots, lead etc. Thieves will have no interest in what they find at my place. I'll come home and find large boxes torn open and my tp, paper towels, kleenex etc will be scattered everywhere...

ajrocks | 12-09-2007 09:26 AM
Re: What's Your Cash Position? about 9 years ago I was planning on moving to FLA to join up with my old drummer and I rented a room for 200 a month, mostly road my bicycle around. Only items was insurance, food and rent. I allowed myself to spend only 25-50 a week. This included gas...at the time I worked about 8 miles away. In 7 months I accumulated about 15,000 dollars. Got to FLA Friend had turned to oxycotten, vicaden, herion, cocain and alcohol. I spent my money trying tosave his pizza place, and house. took off three months later with 10,000 in cash. Came back home, an ex had been taking care of my father (long story) Bought a house so my dad had a place to ive till he died (stroke, anuerism, TBI (wiped out on a moped, coma at Yale for 4 months, rehabed at Gaylord for 6 months) Spent my 10,000 for down payment ect. Caught her three months later ridding some guy, went head first into a depression, lost the house and her and my ten grand. Just recently starting to recover, supposed to have three months of bills etc. in cash, have a family of 6 (including myself) So no I have no stash of cash anymore.

eyeofliberty | 12-09-2007 09:52 AM
Re: What's Your Cash Position? Does "cash position" have anything to do with "money shot"? Just wondering... :D

KASHMAN02 | 12-09-2007 11:00 PM
Re: What's Your Cash Position? I keep a 4 quarters for the bridge toll. And 69 cents for coffee.

KASHMAN02 | 12-09-2007 11:01 PM
Re: What's Your Cash Position? Quote:
Originally Posted by ajrocks (Post 865995) about 9 years ago I was planning on moving to FLA to join up with my old drummer and I rented a room for 200 a month, mostly road my bicycle around. Only items was insurance, food and rent. I allowed myself to spend only 25-50 a week. This included gas...at the time I worked about 8 miles away. In 7 months I accumulated about 15,000 dollars. Got to FLA Friend had turned to oxycotten, vicaden, herion, cocain and alcohol. I spent my money trying tosave his pizza place, and house. took off three months later with 10,000 in cash. Came back home, an ex had been taking care of my father (long story) Bought a house so my dad had a place to ive till he died (stroke, anuerism, TBI (wiped out on a moped, coma at Yale for 4 months, rehabed at Gaylord for 6 months) Spent my 10,000 for down payment ect. Caught her three months later ridding some guy, went head first into a depression, lost the house and her and my ten grand. Just recently starting to recover, supposed to have three months of bills etc. in cash, have a family of 6 (including myself) So no I have no stash of cash anymore.
You will be rewarded for helping others in need, god bless and thank you for your service to humanity.

____hoot____ | 12-09-2007 11:23 PM
Re: What's Your Cash Position? A weeks worth of food cigs and booze, three trips to the bar, or one hooker

DogFarm | 01-25-2008 07:44 PM
Re: What's Your Cash Position? where's the negative chart.

graspAU | 01-25-2008 08:18 PM
Re: What's Your Cash Position? keeping very little (relatively speaking to my recurring bills) in FRN's. There are so many tangible things that I figure are needed in case of an outage of work, or modern utilities from whatever type of crisis may come. I am buying water containers, water filters, canned goods, propane, hiking/camping gear, ammo, guns. I'm not stopping until I feel like I could stay in my house for 6 months and want for nothing. Then I will go back to buying shiny yellow metal.

ruprick | 12-29-2008 01:46 AM
Re: What's Your Cash Position? 6.5 tons of copper pennies....if you want to roll me.......better bring a fork truck and a semi to haul them away.

oldmansmith | 12-29-2008 06:47 AM
Re: What's Your Cash Position? 5 K buried deeply

Chris_Is_Here | 12-29-2008 07:45 AM
Re: What's Your Cash Position? strictly cash? none to speak of....whenever I get a lump of money, I either sink it into PM's or trade stocks with it to get more money for PM's...,,right now, most of my cash is in the oil ETN

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Gold & Silver Forum - What's Your Cash Position?

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- - What's Your Cash Position? (http://goldismoney.info/forums/showthread.php?t=209217)

blueice | 12-29-2008 11:53 AM
Re: What's Your Cash Position? Quote:
Originally Posted by Tn...Andy (Post 863261) Kind of a personal question, which explains the views and no answers, huh ? Sort of like "How many assualt rifles do you own and exactly how much ammo do you store for them ?"
Quote:
Originally Posted by Osaka (Post 863303) Which bank do you use and what is the account number?
Quote:
Originally Posted by Mastro (Post 863488) You forgot the 1-10 dollar range.
Quote:
Originally Posted by Anty Ep (Post 863971) where's the negative numbers dude?
:dito::dito::dito::signs8::signs8::signs8: Quote:
Originally Posted by mtnman (Post 864059) Do my 400-500lbs of pennies count? How bout my wooden nickel collection? My pockets have holes in them, cash just flows through LOL!
Quote:
Originally Posted by ruprick (Post 1486065) 6.5 tons of copper pennies....if you want to roll me.......better bring a fork truck and a semi to haul them away.
:haha::haha::haha::haha: Shot through the heart, your to blame, you give money a bad name....

bigdaddy40 | 12-29-2008 05:59 PM
Re: What's Your Cash Position? i love these polls

Plastic | 12-29-2008 07:40 PM
Re: What's Your Cash Position? Ooops, I answered wrongly 10k+ in the bank 200.00 in the house; PM's in "underground storage".

Spectrism | 12-29-2008 08:05 PM
Re: What's Your Cash Position? I have been saving for months. I think I am up to $22.

mick silver | 12-29-2008 08:19 PM
Re: What's Your Cash Position? let me see , i have 4 pennys an 6 dimes ohoho 2 one dollar bills an 1 five dollar bill ohohoh an ten , dam immmmmmmmmmmmm rich dam my wife got the ten shit was rich

Lars Ragnarsson | 12-29-2008 08:29 PM
Re: What's Your Cash Position? As of this moment, it's bent over a chair with my trousers around my ankles....

ImaCannin | 12-29-2008 09:53 PM
Re: What's Your Cash Position? Quote:
Originally Posted by Lars Ragnarsson (Post 1487082) As of this moment, it's bent over a chair with my trousers around my ankles....
I am having a hard time picturing this, do you have a photo you could share?

mike77777 | 12-29-2008 10:34 PM
Re: What's Your Cash Position? buck three eighty in the glove compartment of the vw van. be careful of the badger when you come to steal it, she has rabies.

TTAZZMAN | 12-29-2008 11:11 PM
Re: What's Your Cash Position? so for those with larger cash positions... do you store 100s ...or 20s Orrrrrrrrr.....2 tons of pennies :) its my perception that 100s are more suseptable to counterfiting thus might be harder to use in shtf situations. thoughts anyone?

JoBob | 12-30-2008 11:51 AM
Re: What's Your Cash Position? Quote:
Originally Posted by Dave Thomas (Post 865851) Lets say you do stash a bunch of cash in a footlocker thats buried under your outhouse. So the treasury department comes up and changes the bill couple of times. Can you go to the bank several years later and present them with such an "Aged" relic? Or will they just turn you away? Whats the cutoff date for honoring old FRNs?
"Old" FRNs would be of more use in the outhouse. When governments issue replacement cash, they usually give a very short advance notice and a very short conversion time - such as a week or so - to turn in your stash, explain just why you have so much of it, and get the new bills. That's another chance for them to flush out the non-taxed and unexplained cash in your stash. After the exchange period, the old bills are worthless. :bawling:

JoBob | 12-30-2008 11:57 AM
Re: What's Your Cash Position? ...Ummm... Why would anyone want to hoard FRNs? I exchange mine for real money.

Lars Ragnarsson | 12-30-2008 12:58 PM
Re: What's Your Cash Position? Quote:
Originally Posted by TTAZZMAN (Post 1487246) so for those with larger cash positions... do you store 100s ...or 20s Orrrrrrrrr.....2 tons of pennies :) its my perception that 100s are more suseptable to counterfiting thus might be harder to use in shtf situations. thoughts anyone?
Those of us here in hurricane country learned that if you do have an emergency stash, to keep it in small bills, 20 or less. Not so much due to counterfeiting, (actually, I saw more bogus $20s during my time in retail than anything else), but due to the change aspect. Any place that is open, especially for stuff like gas, won't have the change for large bills (you ever try to use a large bill even when TS has not HTF?) Same argument for having silver and/or fractional gold instead of just 1 oz. gold ingots/coins for WTSHTF. Folks won't be able or willing to give you change (or as much as you'd expect back). Anyway, that's what I'd do if I actually had any cash, silver, or gold....

TTAZZMAN | 12-30-2008 02:32 PM
Re: What's Your Cash Position? Quote:
Originally Posted by JoBob (Post 1487761) ...Ummm... Why would anyone want to hoard FRNs? I exchange mine for real money.
I know last year when we had two consecutive Ice storms etc.....you had to have cash to purchase essentials like Fuel and Food.....the convience stores didnt take Silver or Gold...the ATMs were not working....so at least in my case i survived on FRNs i had on hand for the 2-3wks everything was down. I dont think anyone is "hoarding" FRNs just wondering how much in hand cash would be needed during a transitional phase of SHTF or a Extended Bank Holiday Just as LARs posted above there are times when FRNs are needed

Drumblebum | 12-30-2008 02:38 PM
Re: What's Your Cash Position? This is a stupid poll. WTF is the OP thinking?? I thought polls like this were to be deleted by the mods if found... None of your GD business how much cash I hold.

Silvah_Serfah | 01-01-2009 11:11 AM
Re: What's Your Cash Position? Quote:
Originally Posted by TTAZZMAN (Post 1487953) I know last year when we had two consecutive Ice storms etc.....you had to have cash to purchase essentials like Fuel and Food.....the convience stores didnt take Silver or Gold...the ATMs were not working....so at least in my case i survived on FRNs i had on hand for the 2-3wks everything was down. I dont think anyone is "hoarding" FRNs just wondering how much in hand cash would be needed during a transitional phase of SHTF or a Extended Bank Holiday Just as LARs posted above there are times when FRNs are needed
I prefer to keep only a small amount of FRN if any. Us dollars are much safer IMHO. I prefer to keep emergency cash in dollars not FRN's.

mick silver | 01-02-2009 02:29 PM
Re: What's Your Cash Position? Quote:
Originally Posted by Drumblebum (Post 1487960) This is a stupid poll. WTF is the OP thinking?? I thought polls like this were to be deleted by the mods if found... None of your GD business how much cash I hold.
best thing to do is keep your pie hole shut , you are right , no one sure tell what you have

TTAZZMAN | 01-02-2009 03:24 PM
Re: What's Your Cash Position? Quote:
Originally Posted by Silvah_Serfah (Post 1490458) Us dollars are much safer IMHO. I prefer to keep emergency cash in dollars not FRN's.
Please help me understand what is the difference between FRNs and US Dollars?? I have always thought FRNs (Federal Reserve Notes) were cash dollars in paper format, The Nature and wording of your post has me confused

TheNocturnalEgyptian | 01-02-2009 08:26 PM
Re: What's Your Cash Position? Quote:
Originally Posted by TTAZZMAN (Post 1491916) Please help me understand what is the difference between FRNs and US Dollars?? I have always thought FRNs (Federal Reserve Notes) were cash dollars in paper format, The Nature and wording of your post has me confused
Welcome to GiM. Your homework assignment is to deliver to us the constitutional or lawful definition of the term: Dollar. Thanks and good luck

WilliamC | 01-02-2009 08:50 PM
Re: What's Your Cash Position? Correct answer is... Not enough!

silverwood | 01-02-2009 08:52 PM
Re: What's Your Cash Position? I'm short cash, long everthing else:111:

Silvah_Serfah | 01-02-2009 09:19 PM
Re: What's Your Cash Position? Quote:
Originally Posted by TTAZZMAN (Post 1491916) Please help me understand what is the difference between FRNs and US Dollars?? I have always thought FRNs (Federal Reserve Notes) were cash dollars in paper format, The Nature and wording of your post has me confused
From what I understand US Dollars are lawful money and outside of the Federal Reserve private credit system. Lawful money is money issued by the United States Treasury. http://www.usmint.gov/mint_programs/...n_eagle_silver http://www.usmint.gov/mint_programs/...ction=NADesign http://catalog.usmint.gov/webapp/wcs...dentifier=8000 Are the current dollar coins available from the United States Treasury. David Merrill did an interesting video on the subject. Google Video
Google Video

mozkill | 01-03-2009 03:17 AM
Re: What's Your Cash Position? This poll would have been better with "percentages" instead of amounts.

TTAZZMAN | 01-04-2009 10:56 PM
Re: What's Your Cash Position? Quote:
Originally Posted by TheNocturnalEgyptian (Post 1492331) Welcome to GiM. Your homework assignment is to deliver to us the constitutional or lawful definition of the term: Dollar. Thanks and good luck
The intent of my post was to stimulate thought from the previous poster i dont need the homework assignment i understand exactly what a dollar is defined as. i was trying to find out the definition the previous poster was using as quoted in my post following the whole thread might help

TTAZZMAN | 01-04-2009 11:09 PM
Re: What's Your Cash Position? Quote:
Originally Posted by Silvah_Serfah (Post 1492414) From what I understand US Dollars are lawful money and outside of the Federal Reserve private credit system. Lawful money is money issued by the United States Treasury. http://www.usmint.gov/mint_programs/...n_eagle_silver http://www.usmint.gov/mint_programs/...ction=NADesign http://catalog.usmint.gov/webapp/wcs...dentifier=8000 Are the current dollar coins available from the United States Treasury. David Merrill did an interesting video on the subject. http://video.google.com/videoplay?do...04912516&hl=en
I again am confused by your post....the thread is about emergency CASH I posted about Emergency Cash Going back to my post you responded to.....in a ICE or Hurricane storm emergency to buy gas at the local service station what form of money are you saving to use in that senerio I know they WONT take silver(they didnt in the last ice storm we had) I know they WONT take CCs (all the machines were down) I do know they Took...Green Cash FRNs I didnt try but i imagine they would take Coin change if forced to I imagine they would take Silver Certificates When you say you dont have FRNs for that type of problem but your saving CASH...what the heck are you talking about...what is YOUR definition of Cash if it is somethign other than FRNs

Dave Thomas | 01-06-2009 06:20 AM
Re: What's Your Cash Position? Quote:
Originally Posted by JoBob (Post 1487754) "Old" FRNs would be of more use in the outhouse. When governments issue replacement cash, they usually give a very short advance notice and a very short conversion time - such as a week or so - to turn in your stash, explain just why you have so much of it, and get the new bills. That's another chance for them to flush out the non-taxed and unexplained cash in your stash. After the exchange period, the old bills are worthless. :bawling:
Thanks for answering my question. I knew someone would get around to it. I had a sneaking suspicion too.

oldmansmith | 01-06-2009 06:48 AM
Re: What's Your Cash Position? Quote:
Originally Posted by JoBob (Post 1487754) "When governments issue replacement cash, they usually give a very short advance notice and a very short conversion time - such as a week or so - to turn in your stash, explain just why you have so much of it, and get the new bills. That's another chance for them to flush out the non-taxed and unexplained cash in your stash. After the exchange period, the old bills are worthless. :bawling:
This is why you want to keep bank receipts for all cash, to prove it is yours legally.

Silvah_Serfah | 01-07-2009 12:11 AM
Re: What's Your Cash Position? Quote:
Originally Posted by TTAZZMAN (Post 1495401) I again am confused by your post....the thread is about emergency CASH I posted about Emergency Cash Going back to my post you responded to.....in a ICE or Hurricane storm emergency to buy gas at the local service station what form of money are you saving to use in that senerio I know they WONT take silver(they didnt in the last ice storm we had) I know they WONT take CCs (all the machines were down) I do know they Took...Green Cash FRNs I didnt try but i imagine they would take Coin change if forced to I imagine they would take Silver Certificates When you say you dont have FRNs for that type of problem but your saving CASH...what the heck are you talking about...what is YOUR definition of Cash if it is somethign other than FRNs
By cash I am talking about US coinage not silver coins but everyday coinage circulated today. It is a little more inconvenient then paper, but I view it as safer then the FRN private credit system that is falling apart today. I assume, but may be wrong in doing so, that the dollar coins issued by the US Treasury are not part of the Federal Reserve System. Nickels, and pennies would be the safer forms of cash but not as practical as the new dollar coins or 1/2's. I do keep some small amounts of FRN's as well but I don't like holding too much private credit paper.

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