MONEY: US 90 percent silver coins minted before 1965

Monday, July 21, 2014

http://www.alt-market.com/articles/2229-the-immorality-of-paper-money

The Immorality Of Paper Money
Monday, 14 July 2014 16:44 Bob Livingston

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I still like U.S. 90 percent silver coins minted before 1965. They can be purchased in bags of $1,000 face amount or in smaller increments — even individually. (Find a local, reputable coin dealer with a good rating with the Better Business Bureau and a history in the community.) Buy for great price explosion upward as well as for survival coins. As paper money fails, a silver dollar will buy a week’s groceries any time.

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A silver dollar is probably worth 19 U$D in melt value.

Don’t think that buys a week’s groceries. That’s probably hype.

But, it’s not hard to look at Zimbabwe, Argentina, Venezuela, or the pre-WW2 Germany experiences for an approximation of what could happen here.

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MONEY: Nickels are “poor man’s gold”

Wednesday, January 29, 2014

http://www.lewrockwell.com/2014/01/robert-wenzel/machinations-at-the-mint/

Price Inflation Will Force the US Mint to Once Again Change the Metal Content of Coins
By Robert Wenzel
Economic Policy Journal

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The Mint is considering a change to the mix of metals it uses to make quarters, dimes and nickels, because of the climbing cost of production of the coins. reports WSJ.

It now costs 1.8 cents to make a penny and 9.4 cents to make a nickel, costing the federal government about $104.5 million last year.

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I fully expect that in the next bout of accelerating price inflation that the value of the metal content of current nickels will soar. Thus, nickels are a great no downside investment. If the price inflation I anticipate doesn’t develop, just spend the nickels. For more on nickels as an investment see: Why You Need to Own Nickels, Right Now

http://www.economicpolicyjournal.com/2011/02/why-you-need-to-own-nickels-right-now.html

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Nickels are “poor man’s gold”.

Argh!

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POLITICAL: Global financiers create political cover

Sunday, January 19, 2014

http://www.zerohedge.com/news/2013-12-13/war-china-inevitable

Is War With China Inevitable?
Submitted by Tyler Durden on 12/13/2013 22:10 -0500

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Global financiers created the circumstances that have led to America’s probable economic demise, but they don’t want to be blamed for it. War provides the perfect cover for monetary collapse, and a war with China might become the cover to end all covers. The resulting fiscal damage and the terror Americans would face could be overwhelming. Activists who question the legitimacy of the U.S. government and its actions, once considered champions of free speech, could easily be labeled “treasonous” during wartime by authorities and the frightened masses. (If the government is willing to use the Internal Revenue Service against us today, just think about who it will send after us during the chaos of a losing war tomorrow.) A lockdown of civil liberties could be instituted behind the fog of this national panic.

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You have to look at the financial fraud being pulled by the Fed.

The Chinese are in control of our fate. (Not that they don’t have their own problems.)

So, when these very ugly chickens come home to roost, how will the elite avoid the “french revolution’s guillotine”? 

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MONEY: A negative on bitcoin

Saturday, January 18, 2014

http://dont-tread-on.me/?p=31861

26 Reasons Why I Will Never Support Bitcoin
By Silver Shield, on December 21st, 2013

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20. Then there is that anti government aspect of it.  Really? It seems the Anglo American bankers love it, including Ben Bernanke and JP Morgan.  It is right up their alley with something for nothing.  They may crack down on Bitcoin only to launch their own brand.  Look at the Lotto.  They went after the mob for running numbers, but then made it legal for them to profit off of.  They went after Charles Ponzi and then created their own Ponzi Scheme with Social Security.  I am telling you Bitcoin or something just like Bitcoin will be used to sell to the people after the dollar collapse, a new electronic worthless currency.  Who knows maybe we will get bonus points for watching TV and using it?  They already have millions hooked on EBT cards, get the corporations involved and the government muscle and you could see the final realization of a digital currency where they can cut you off if you get out of line.  How many stories do we already hear about bank bailins and IRS and NSA messing with people’s bank accounts.  Having real wealth outside of the system is the only antidote for that.

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It’s the “intrinsic value” argument that hits me hardest.

In POW camps of WW2, cigarettes were “money”.

Gold and silver have the advantage of “intrinsic value”. Junk silver, (i.e., pre-1964 US coins), will be the money of TEOTWAWKI (The End Of The World As We Know It)!

The survivalist community plans to use ammo as money. As well as commodities, like liquor, can be barter fodder. 

Remember barter will precede “money”.

So, save wealth in forms that are not paper!

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POLITICAL: Bernard von NotHaus, “Rosa Parks” opposing the FED

Friday, January 17, 2014

LIBERTY DOLLAR NEWS:
December 2013 Vol. 15 No. 12

Tortured Without Being Sentenced: Bernard von NotHaus

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Judy Shelton, a noted economist who knows which way is up, author of The Coming Soviet Crash (1989) and Money Meltdown (1994) that influenced my work on the Liberty Dollar, a longtime veteran of Washington, a friend who was an approved witness for my trial by not called to testify by my Dumb and Dumber attorneys and the first person to brand me as the “Rosa Parks of monetary policy,” has published a quick 68 page booklet, Fixing the Dollar Now.

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This fellow, Bernard von NotHaus, made a mistake. Poking the Banking Cartel, called the “Federal Reserve System” (i.e., the OPEC of money). Note that despite the name, it’s not “Federal”. It’s a private cartel!

And, as Bernard von NotHaus pointed out, the “dollar”, (technically The Federal Reserve Note), is NOT a store of value.

This is a direct assault on the wealth of the People. It hurts the “non-rich”, who have the capability of holding non-dollar denominated assets. The poor and those on fixed income, who have to spend most or all of their income, are paying the hidden taxes. And when they get a few dollars ahead, their savings are marginalized by low rates of return and the Fed’s printing press.

You have to hold gold, silver, nickels, or any asset that is not in “dollars”. Jury is still out on bit coins in my mind.

YMMV!

I call this political because Bernard von NotHaus is a political prisoner in limbo!

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MONEY: Another business takes bitcoins

Wednesday, January 15, 2014

http://www.huffingtonpost.com/2014/01/08/bitcoins-lemonade-stand_n_4563348.html?ncid=txtlnkusaolp00000540

These Girls Accept Bitcoins At Their Lemonade Stand
Posted: 01/08/2014 3:46 pm EST | Updated: 01/09/2014 11:44 am EST

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Bitcoins have been everywhere in the news lately. Their value crashed, it crashed again, yet more and more businesses are accepting them. One particular business has really caught the Internet’s attention: a lemonade stand run by two adorable girls in San Francisco.

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Inevitable?

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MONEY: Inflation – a tax on capital

Friday, November 1, 2013

http://www.nytimes.com/2013/10/27/business/economy/in-fed-and-out-many-now-think-inflation-helps.html?_r=0

In Fed and Out, Many Now Think Inflation Helps
By BINYAMIN APPELBAUM
Published: October 26, 2013

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WASHINGTON — Inflation is widely reviled as a kind of tax on modern life, but as Federal Reserve policy makers prepare to meet this week, there is growing concern inside and outside the Fed that inflation is not rising fast enough.

Some economists say more inflation is just what the American economy needs to escape from a half-decade of sluggish growth and high unemployment.

The Fed has worked for decades to suppress inflation, but economists, including Janet Yellen, President Obama’s nominee to lead the Fed starting next year, have long argued that a little inflation is particularly valuable when the economy is weak. Rising prices help companies increase profits; rising wages help borrowers repay debts. Inflation also encourages people and businesses to borrow money and spend it more quickly.

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Excuse me, are reporter that deceitful — it’s a tax on capital; not modern life.

Excuse me, are ecknominists that obtuse? They know that inflation is theft.

Excuse me, are The Sheeple that stupid? Guess they are!

So anyone, who is on a fixed income, poor, or certificates of depreciation, loses purchasing power?

Put more air in an already inflated balloon.

Why? 

To fool people into spending more!

Argh!

Consumer prices will go up and the poor will be left behind.

Stable commodity based money is a benefit to society. Those on fixed incomes and the poor benefit from stability.

Save your nickels!

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