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.

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 ?"

Re: What's Your Cash Position?
 

Which bank do you use and what is the account number?

Re: What's Your Cash Position?
 

Weak and getting weaker.

Re: What's Your Cash Position?
 

where do you live? safe combo? where's your gold?
arrrgh

Re: What's Your Cash Position?
 

How may I rob thee, let me count the ways...

Even the Government is more subtle than this! =)

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!

Re: What's Your Cash Position?
 

I'm on welfare, dose the $700 in food stamps I have count as cash?

Re: What's Your Cash Position?
 

You forgot the 1-10 dollar range.

Re: What's Your Cash Position?
 

Does debt count? 'cos once I deduct that from my cash reserve, well..

Re: What's Your Cash Position?
 

"Are your papers in order?"
Take care,
Mod1

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.

Re: What's Your Cash Position?
 

where's the negative numbers dude?

Re: What's Your Cash Position?
 

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.

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.

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

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

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.

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...

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.

Re: What's Your Cash Position?
 

Does "cash position" have anything to do with "money shot"?

Just wondering... :D

Re: What's Your Cash Position?
 

I keep a 4 quarters for the bridge toll. And 69 cents for coffee.

Re: What's Your Cash Position?
 

You will be rewarded for helping others in need, god bless and thank you for your service to humanity.

Re: What's Your Cash Position?
 

A weeks worth of food cigs and booze, three trips to the bar, or one hooker

Re: What's Your Cash Position?
 

where's the negative chart.

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.

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.

Re: What's Your Cash Position?
 

5 K buried deeply

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

Re: What's Your Cash Position?
 

:dito::dito::dito::signs8::signs8::signs8:


:haha::haha::haha::haha:

Shot through the heart, your to blame, you give money a bad name....

Re: What's Your Cash Position?
 

i love these polls

Re: What's Your Cash Position?
 

Ooops, I answered wrongly 10k+ in the bank 200.00 in the house; PM's in "underground storage".

Re: What's Your Cash Position?
 

I have been saving for months. I think I am up to $22.

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

Re: What's Your Cash Position?
 

As of this moment, it's bent over a chair with my trousers around my ankles....

Re: What's Your Cash Position?
 

I am having a hard time picturing this, do you have a photo you could share?

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.

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?

Re: What's Your Cash Position?
 

"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:

Re: What's Your Cash Position?
 

...Ummm...

Why would anyone want to hoard FRNs?

I exchange mine for real money.

Re: What's Your Cash Position?
 

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....

Re: What's Your Cash Position?
 

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

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.

Re: What's Your Cash Position?
 

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.

Re: What's Your Cash Position?
 

best thing to do is keep your pie hole shut , you are right , no one sure tell what you have

Re: What's Your Cash Position?
 

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

Re: What's Your Cash Position?
 

Welcome to GiM.

Your homework assignment is to deliver to us the constitutional or lawful definition of the term: Dollar.

Thanks and good luck

Re: What's Your Cash Position?
 

Correct answer is...

Not enough!

Re: What's Your Cash Position?
 

I'm short cash, long everthing else:111:

Re: What's Your Cash Position?
 

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.

Re: What's Your Cash Position?
 

This poll would have been better with "percentages" instead of amounts.

Re: What's Your Cash Position?
 

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

Re: What's Your Cash Position?
 

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

Re: What's Your Cash Position?
 

Thanks for answering my question. I knew someone would get around to it. I had a sneaking suspicion too.

Re: What's Your Cash Position?
 

This is why you want to keep bank receipts for all cash, to prove it is yours legally.

Re: What's Your Cash Position?
 

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.