President Elect Toxic Deplorable Racist SAH Neanderthal B Woodman Domestic Violent Extremist SuperStraight
“Full faith and credit of the United States” .
ROFLOL!!!
DC, gotta ask, who’s your comedy writer, you ain’t payin’ ’em enough for good material.
I won’t deny that I have money in stocks, but I’ve also diversified into “hard durable goods” and PMs.
President Elect Toxic Deplorable Racist SAH Neanderthal B Woodman Domestic Violent Extremist SuperStraight
First mistake: the treasure hunters talked.
Second mistake: the treasure hunters talked to the FedGov.
Third mistake: the treasure hunters talked to the FedGov FiBbIes.
And the rest was fall off the cliff downhill from there.
Faith in the US Government?
Thank God, I read this now instead of in the morning, drowning everything in coffee and choking to death on it while laughing. Sorry, I have to go shower. I peed my pants laughing so hard.
Minted under contract for a sovereign government, those Ag rounds become the coins of the realm with all that that implies, and bet that the premium considering the heads and tails will equal or better the Eagles.
President Elect Toxic Deplorable Racist SAH Neanderthal B Woodman Domestic Violent Extremist SuperStraight
Nah. “Rounds* lack certain markings that make them Gooberment “coins of the realm”.
“Rounds” are privately minted with (usually) a design, the weight, and purity.
April 12, 2023 at 11:40 am
ULTRA-MAGA TOP DAWG JTC
Nah. You ain’t grokkin’ it brother BW
Generic precious metals in any form can be bullion in units of specific weight and purity, but that is irrelevant to coinage, and can be almost any material as we see with some of the Roman and Greek relics, not to mention even stones and beads among the Southern Americas and other aboriginals. And any of those trade unit forms can and did become and be designated by any recognized gov as monetary units, aka their coin of the realm. So as someone who has brokered a few million pieces of the stuff in various form over 45 years…
What exactly does the term “coin of the realm” mean? Not limited to historically established govs but rather with the myriad small governments who wanted “legal tender” coinage that was mostly never used as such but rather to cash in on 1) the boom in obscure coin and metals collectors from whom they could squeeze premiums on the secondary market, and 2) the exemptions from tariffs and all manner of other gov intrusions that coinage enjoys over bullion.
Any sovereign government can issue their own coin of the realm as our gang’s would be with various printed denominations and identifying markings…and the most gorgeous “busts” in the coinage world. And it is totally irrelevant whether they establish their own mint or contract with any of a myriad of private ones. And in most that are minted with precious metals, as with American Eagles (which are not bullion rounds but monetary coin units) they will command huge premiums over and above the spot metal content. At which point they become both units of metal like bullion, but with the specific advantages and disadvantages of coinage as they have with the Eagles and as they will with the Gold Samoleons.
“Rounds” is just a descriptive generic term for one of the forms that metal bullion is produced in with a specified content and unit. And a very bad way to stash spendable money as you will play hell getting your value out of them at the grocery store or barter meetup. Stick to recognized gov issued units of purity and measure and even with their concomitant premiums, they are the more dependable and useful investments.
Gunpowder is/will be a sovereign and independent government unto itself. It’s coinage is not only legal tender currency but highly desireable collectibles; let the market decide at what level.
Full faith and credit of gov used to mean something good. Now it’s just another weaponized threat, changed to full force and power of the US Military; will they turn their guns against their own? Well it has happened before in almost identical context.
Thereby violating the most important rule any government must adhere to if it wants to survive;
Never do your fighting where you do your recruiting.
And no, the importation of “foreign” troops is not the answer. As Machiavelli stated;
I say, therefore, that the arms with which a prince defends his state are either his own, or they are mercenaries, auxiliaries, or mixed.
Mercenaries and auxiliaries are useless and dangerous; and if one holds his state based on these arms, he will stand neither firm nor safe; for they are disunited, ambitious and without discipline, unfaithful, valiant before friends, cowardly before enemies; they have neither the fear of God nor fidelity to men, and [one’s own] destruction is deferred only so long as the attack is; for in peace one is robbed by them, and in war by the enemy.
The fact is, that they have no other attraction or reason for keeping the field than a trifle of stipend, which is not sufficient to make them willing to die for you. They are ready enough to be your soldiers whilst you do not make war, but if war comes they take themselves off or run from the foe….
Those who believe that such “troops” will be loyal to them on the basis of their “post-modern” dogmas are apt to receive a very rude shock. Rather as Rome did in 426 AD.
As explained upthread, “PM’s” only in recognized forms. Avoid third and fourth tier “mints” and maintain rounds and bars for stores of wealth and eventual trade value, Eagles (or Samoleons) for larger buys, and stock up on junk silver for day to day. And do not neglect the other “PM’s”.
It’s not irretrievable. That’s the Democratic Party’s Line to demoralization.
All that debt is in the form of bonds and T bills.
We need merely to balance the budget and in 30 years it’s all gone.
The problem is that cronyism is so powerful in DC that the Elite Class stays “Elite” on income from that debt and so must always swill from the Government trough. It’s why the TEA Party was quashed. It’s why the Federal Reserve _exists_!
Free money for Me but not for Thee is their motto.
This is a long term problem and needs a long term solution.
Don’t rely on just this-or-that candidate. Get out there reform, inform, and recruit!
The Fascist organization of bullies called the Democratic Party can be defeated permanently, especially after we snatch the education system from them!
The government of the US is spending money like drunken sailors….The sailors have objected to this as they rightfully point out…. The difference is when we run out of money we go back the ship….We don’t write IOU’S !!!
Try eating your stash of gold. It’s far better to invest in brass, copper, lead, and black powder. With those components, acquiring gold for whatever reason you might want to hoard it is a lot easier! Even if smokeless powder and primers become unavailable, there’s always “rocks what’ll spark” lying around in abundance. Maybe the guys who carried a flintlock Brown Bess or a Kentucky long rifle weren’t so “primitive” after all!
President Elect Toxic Deplorable Racist SAH Neanderthal B Woodman Domestic Violent Extremist SuperStraight
The gold and silver will take the place of the worthless fiat paper and “sandwich” coins (even temporarily) and will allow you to purchase more durable goods and PMs (brass, copper, lead, steel)
If you are hungry or being attacked those guns are worth more than their weight in gold. That’s where immediacy comes in; no time to set up a buy or barter when the vultures are at the door.
OTOH a shoebox can hold a lifetime of historically valuable and spendable wealth. With a huge caveat; stick to recognized forms and units so that when you need them they are in demand by those who have other things you need. That’s the fungibility; don’t be trying to use a ten-ounce off-brand stacker or a vanity mint ounce of gold for the average transaction, you will need verification by a third party; time-consuming and substantially less remunerative as a percentage of net value, whereas the recognized units are immediately spendable, sometimes even reclaiming a portion of the premium over spot that most investors have to pay to acquire them.
Obtuse comment; in 1963, a gallon of gas cost something less than 25 cents. Today, a gallon of gas costs about the same as the net silver content of a pre 1964 quarter.
27 Comments
“Full faith and credit of the United States” .
ROFLOL!!!
DC, gotta ask, who’s your comedy writer, you ain’t payin’ ’em enough for good material.
I won’t deny that I have money in stocks, but I’ve also diversified into “hard durable goods” and PMs.
Ahhh … the Feebs got a sweet tooth for gold.
Check out this story about treasure hunters, Civil War gold, and a double-cross by the FBI …
https://www.theatlantic.com/magazine/archive/2022/07/pennsylvania-civil-war-treasure-gold-hunt-fbi/638445/
https://www.foxnews.com/us/treasure-hunter-charges-fbi-covering-up-discovery-civil-war-gold-double-crossed
First mistake: the treasure hunters talked.
Second mistake: the treasure hunters talked to the FedGov.
Third mistake: the treasure hunters talked to the FedGov FiBbIes.
And the rest was fall off the cliff downhill from there.
Faith in the US Government?
Thank God, I read this now instead of in the morning, drowning everything in coffee and choking to death on it while laughing. Sorry, I have to go shower. I peed my pants laughing so hard.
Now we need one of the bullion companies to make DaybyDay Silver rounds!
Minted under contract for a sovereign government, those Ag rounds become the coins of the realm with all that that implies, and bet that the premium considering the heads and tails will equal or better the Eagles.
Nah. “Rounds* lack certain markings that make them Gooberment “coins of the realm”.
“Rounds” are privately minted with (usually) a design, the weight, and purity.
Nah. You ain’t grokkin’ it brother BW
Generic precious metals in any form can be bullion in units of specific weight and purity, but that is irrelevant to coinage, and can be almost any material as we see with some of the Roman and Greek relics, not to mention even stones and beads among the Southern Americas and other aboriginals. And any of those trade unit forms can and did become and be designated by any recognized gov as monetary units, aka their coin of the realm. So as someone who has brokered a few million pieces of the stuff in various form over 45 years…
What exactly does the term “coin of the realm” mean? Not limited to historically established govs but rather with the myriad small governments who wanted “legal tender” coinage that was mostly never used as such but rather to cash in on 1) the boom in obscure coin and metals collectors from whom they could squeeze premiums on the secondary market, and 2) the exemptions from tariffs and all manner of other gov intrusions that coinage enjoys over bullion.
Any sovereign government can issue their own coin of the realm as our gang’s would be with various printed denominations and identifying markings…and the most gorgeous “busts” in the coinage world. And it is totally irrelevant whether they establish their own mint or contract with any of a myriad of private ones. And in most that are minted with precious metals, as with American Eagles (which are not bullion rounds but monetary coin units) they will command huge premiums over and above the spot metal content. At which point they become both units of metal like bullion, but with the specific advantages and disadvantages of coinage as they have with the Eagles and as they will with the Gold Samoleons.
“Rounds” is just a descriptive generic term for one of the forms that metal bullion is produced in with a specified content and unit. And a very bad way to stash spendable money as you will play hell getting your value out of them at the grocery store or barter meetup. Stick to recognized gov issued units of purity and measure and even with their concomitant premiums, they are the more dependable and useful investments.
Gunpowder is/will be a sovereign and independent government unto itself. It’s coinage is not only legal tender currency but highly desireable collectibles; let the market decide at what level.
Just don’t making them flavored.
Full faith and credit of gov used to mean something good. Now it’s just another weaponized threat, changed to full force and power of the US Military; will they turn their guns against their own? Well it has happened before in almost identical context.
Thereby violating the most important rule any government must adhere to if it wants to survive;
Never do your fighting where you do your recruiting.
And no, the importation of “foreign” troops is not the answer. As Machiavelli stated;
Those who believe that such “troops” will be loyal to them on the basis of their “post-modern” dogmas are apt to receive a very rude shock. Rather as Rome did in 426 AD.
clear ether
eon
It happened, in fact, beginning on this date 162 years ago.
Hey, Wray, you want our ‘faith and credit’ get with the program
https://thenationalpulse.com/2023/04/11/britain-introduces-voter-id-joins-a-growing-club-of-countries-securing-their-elections/
Invest in ammunition and canned goods
Durable goods and PMs
There it is.
As explained upthread, “PM’s” only in recognized forms. Avoid third and fourth tier “mints” and maintain rounds and bars for stores of wealth and eventual trade value, Eagles (or Samoleons) for larger buys, and stock up on junk silver for day to day. And do not neglect the other “PM’s”.
The full faith and credit of a government heavily and irretrievably in the red.
It’s not irretrievable. That’s the Democratic Party’s Line to demoralization.
All that debt is in the form of bonds and T bills.
We need merely to balance the budget and in 30 years it’s all gone.
The problem is that cronyism is so powerful in DC that the Elite Class stays “Elite” on income from that debt and so must always swill from the Government trough. It’s why the TEA Party was quashed. It’s why the Federal Reserve _exists_!
Free money for Me but not for Thee is their motto.
This is a long term problem and needs a long term solution.
Don’t rely on just this-or-that candidate. Get out there reform, inform, and recruit!
The Fascist organization of bullies called the Democratic Party can be defeated permanently, especially after we snatch the education system from them!
The government of the US is spending money like drunken sailors….The sailors have objected to this as they rightfully point out…. The difference is when we run out of money we go back the ship….We don’t write IOU’S !!!
Or print more money.
Try eating your stash of gold. It’s far better to invest in brass, copper, lead, and black powder. With those components, acquiring gold for whatever reason you might want to hoard it is a lot easier! Even if smokeless powder and primers become unavailable, there’s always “rocks what’ll spark” lying around in abundance. Maybe the guys who carried a flintlock Brown Bess or a Kentucky long rifle weren’t so “primitive” after all!
The gold and silver will take the place of the worthless fiat paper and “sandwich” coins (even temporarily) and will allow you to purchase more durable goods and PMs (brass, copper, lead, steel)
You cannot eat gold. <– Every time I hear that blot, I think:
You cannot eat guns and ammo either.
But, historically, those with guns, ammo, and gold… eat regularly.
They have those WITHOUT guns and gold working for them.
Does this have to be made any plainer? Why isn't this taught in schools?
You can’t eat gold or guns or ammo…all true.
But it comes down to immediacy and fungibility.
If you are hungry or being attacked those guns are worth more than their weight in gold. That’s where immediacy comes in; no time to set up a buy or barter when the vultures are at the door.
OTOH a shoebox can hold a lifetime of historically valuable and spendable wealth. With a huge caveat; stick to recognized forms and units so that when you need them they are in demand by those who have other things you need. That’s the fungibility; don’t be trying to use a ten-ounce off-brand stacker or a vanity mint ounce of gold for the average transaction, you will need verification by a third party; time-consuming and substantially less remunerative as a percentage of net value, whereas the recognized units are immediately spendable, sometimes even reclaiming a portion of the premium over spot that most investors have to pay to acquire them.
Obtuse comment; in 1963, a gallon of gas cost something less than 25 cents. Today, a gallon of gas costs about the same as the net silver content of a pre 1964 quarter.
The old saw; you could buy a loaf of bread for a dime in ‘64. You still can, if it’s a ‘64 dime.