Who Knew My Gas Station Was a Coin Shop?

A few days ago I was in the gas station where I normally fill up and noticed the clerk counting his change from their air pump, vacuum cleaner and cash register.  On a whim I told him if he ever runs across any pre-1965 dimes or quarters I would give him two dollars for each dime and five for each quarter.  He looked at me like I was a little crazy and that was that I thought.  

This morning I went in to get a pack of smokes and he handed me a 1964 Roosevelt dime.  I handed him two bucks and he still looked at me like I was a little crazy, but he took the money.  That's thirty-two cents under current melt. 

And here it is.

 This could be the start of a beautiful friendship.

That gas station is in a little shopping center where there are several little Mom and Pop shops.  I'm going to go to all of them and make the same offer.  I don't  know why I didn't think of this before.

Keep stacking.

Quote of the day, September 13, 2012

"However, everyone reading this must realize that today is the first day of new paradigm."~Turd Furguson

Another good day

Another good day

One for the books

My stack feels a little bit heavier today...

I'd like to thank Blythe Masters and the Bernank for making it all possible.

Quote of the day August 25, 2012

From a comment on Zerohedge

The prices of gold and silver are suppressed and will always be suppressed... until one of two things occur.

1-The entire f'ing system collapses, in which case gold and silver will immediately become priceless.

or 2-The suppression of gold and silver prices fails, which collapses the entire f'ing system (see #1).

There's nothing in between.

Since I don't do ad hominem...

...I will say right up front that Ann Barnhardt is a fire breathing Catholic fundamentalist who is obsessed with islamofascism, but she was also a successful commodity futures trader. She knows the financial system from the inside. In this video she is talking about her area of expertise. By way of comparison, I would dismiss anything Bono has to say about politics, but if he were giving a lecture on the workings of the pop music business I would be a fool not to listen to what he was saying.

So, with that bit of background I offer this...

If you still have money in a 401-K or an IRA get out NOW!

I dumped my 401-K last year and bought precious metals. Every month I buy a modest amount of silver. I keep just enough money in my checking account to cover my bills each month. This is not a game. They, and by they I mean the federal government and the Wall Street banks, are going to take your money. It is inevitable. You have been warned. When it happens--and it will--you will have no one to blame but yourself.

Don't come asking me or all the others who have telling you about this for help unless you bring something of real value to trade.

The people who actually create wealth and produce value have been carrying the rest long enough. Grow a pair and do something while you still can.

Things I've found 5/12/2012

It Won't Take Much To Push The Dollar Over The Edge

Load the Boat.

Kablam!

I am not "we"

I am not "we." I did not incur the debt. I do not owe one single cent of it. My signature is on none of their fraudulent instruments. It is their problem and they are trying to fix it by destroying what little value is left in the US dollar--and all other currencies for that matter. There is nothing you nor I nor anyone else is going to be able to do about it.

Call me a doomsayer, but I am convinced it is at most a matter of a few months before shit is really going to start coming unglued. This is the culmination of 100 years of either colossal ignorance or diabolic intent (or some malignant symbiosis of the two). There is no one in any position of power who has any clue about how to manage the Frankenstein clusterfuck of fractional reserve central fiat banking at the exponential culmination of compound interest.

All paper is on the verge of reverting to its inherent worth. I intend to be completely out of it by the end of next week with the exception of day-to-day living from my paycheck. My money will weigh a lot, shine and be well hidden.

Support?

Historical Comparison

One of these things is not like the other.

Historical Perspective.

Wikipedia

Turd's Bottom

Turd Ferguson and I are both calling a bottom, so it's gotta be, right?

Is $39.00 The Bottom?

I have no idea.

Something is going on...

I know nothing.

Among the things I watch are the London Fix and NY Spot price of silver and the silver to gold ratio based on the same exchanges. In this chart blue in London, Orange is NY, pastel is the ratio and dark is the price.

My intuition tells me something is trying to converge on 38 or 39ish. My intuition also tells me some sort of bifurcation point is approaching.

I repeat, I know nothing.

Crash JP Morgan! Buy Silver IV

To everyone who is like I was till today, a virgin, believe me, it feels wonderful the first time...

Crash JP Morgan! Buy Silver III

Widespread Silver Bar Shortages

As of today, there are no longer any regular wholesale supplies of the 1 ounce through 100 ounce silver rounds and bars available for immediate delivery. It may be possible to locate incidental quantities of some product, but most wholesalers are now promising two to four weeks delivery to allow time for the silver to be fabricated.

More...

Crash JP Morgan, Buy Silver II

US Mint record sales due to Crash JP Morgan, Buy Silver Viral Campaign? | USA Live Headlines
www.usaliveheadlines.com
In what seems to be quite a surprise to many watching the US Mint is reporting record sales numbers of 2010 American Eagle Silver Bullion coins this November. The last record was set in May of 2010 with a sales number of 3,636,500. This November the United States Mint under the authority of the U.S.