Quantcast
Channel: Guest Post: Dollar Backwardation
Browsing latest articles
Browse All 50 View Live

Wow - you're a gigantic

Wow - you're a gigantic dumbass. 

View Article



Any point that you

Any point that you physuically enter gold, is epic.

View Article

    PMs, toilet paper, and

  PMs, toilet paper, and food.  Nice.

View Article

Time check: 400 eastern

Time check: 400 eastern timeDamn, I was pretty close on my call further up thread...Amazing!

View Article

That's the plan. I was just

That's the plan.I was just pointing out that even now the real stuff trades at a premium to the paper.

View Article


Hmm... Taxes? Inflation is a

Hmm...Taxes? Inflation is a tax. They do not need to track your money when they can debase it's value on a permanent basis.You seem to assume that governments need a society at all. How come everyone...

View Article

While the odds of this

While the odds of this happening may be small, I don't think it's ridiculous fear-mongering.  It is human psychology, is it not?  Would you rather have somebody pay you for a good/service by handing...

View Article

  Weimar? We won't have it

 Weimar? We won't have it and prayers of this sort won't help Gold either...You are correct about the weimar bit - we won't have it..... because in weimer, it was just one country's financial system...

View Article


FOFOA has been discussing

FOFOA has been discussing this issue for 3 years.

View Article


What`s a smartphone ?

What`s a smartphone ?

View Article

" there isn’t enough of the

" there isn’t enough of the stuff at the bottom" There is always enough gold to go around. If you save 100k in 65 ounces or in 10 doesn´t matter to a saver. Trust is a factor but between Govt, bankers...

View Article

I've heard rumors that it is

I've heard rumors that it is something that shallow, trend-sucking, soulless consumerist sheep carry with them as some kind of perverted fetish.

View Article

Something to think about

Something to think about every time you see an ad on TV pimping the Visa card instead of cash. Also, if you have a problem with the rich getting richer, stop giving them your money!!!!

View Article


Many Chinese restaurants in

Many Chinese restaurants in my area give 5% discount if you pay in cash.

View Article

And then force everyone to

And then force everyone to prove how they got it and that taxes were paid on it.  This can be difficult when one is guilty until proven innocent -- that's the IRS rule -- and The Man has the...

View Article


I would happily take that $2K

I would happily take that $2K and go buy some silver!

View Article

!zehctib revlis ... taht kcuf

!zehctib revlis ... taht kcuf

View Article


It's much easier for the

It's much easier for the goobermint to keep the Ben Franklins and force everyone into plastic money.   Control over the sheep is more absolute as well.As soon as those Ben Franklins will only buy a...

View Article

The President can, if he

The President can, if he decides that using silver as money is a "terrorist" act, put anyone away indefinitely for using that silver dollar as money.   This was a nasty rabbit hole that opened up with...

View Article

i used to state with

i used to state with considerable regularity that gold was in permanent and severe backwardation regardless of what the paper markets state....antal fekete is always valuable read....

View Article

No - a fiat currency is a

No - a fiat currency is a currency that has value by decree, that's the definition.This statement is wrong:"And gold or silver, it is fiat as well: it only has value in so much as collectively people...

View Article


This is a BRILLIANT

This is a BRILLIANT post.lots of good information for people that think and plan.lots of fog for the rest of you........

View Article


I'll take that under

I'll take that under advisement with someone other than my mom thanks..   

View Article

Hammer, meet nail.  This is

Hammer, meet nail.  This is the problem with the "big thinkers."  Everything is theory, until it meets reality.Anybody go to your local coin shop and stack recently?  Best I can get is $35 on rounds,...

View Article

Oh, I get it I go to an

Oh, I get itI go to an Indian run Gas station in NJRacewayAnd they charge 3.75 $/gal witha dredit cardAnd 3.65 $/gal for CASH   

View Article


I may have all kinds of

I may have all kinds of "ZH-incompatible" reservations about the popular PM mania (not disagreeing with the fundamentals - just not as sure about them playing out as people popularily...

View Article

How Hyperinflation

How Hyperinflation Occurs:http://www.youtube.com/user/TruthNeverTold

View Article

The point is that when this

The point is that when this slow motion crash gets nasty squishy, the ATMs will be turned off. The banks will stop giving you cash for the digits showing a credit on your account.Those with actual...

View Article

Calvin Coolidge pretty much

Calvin Coolidge pretty much kept to himself...

View Article



Now you're talking. I'm

Now you're talking. I'm planning my return.

View Article

Hmmm, if you'll excuse me,

Hmmm, if you'll excuse me, I've got a meeting with an escort for a couple hours.

View Article

Doing both, and many more.

Doing both, and many more.

View Article

I'm currently getting $12-15

I'm currently getting $12-15 of produce for each Liberty bell (90% half) and the (paper) spot price does not seem to matter much. Great way to make friends.

View Article


A huge paper/electronic

A huge paper/electronic disconnect actually happened in Zimbabwe.  This is the kind of thing that Americans will never understand until after it has hit them.  The LA Times actually ran an article...

View Article

At Sym's, an educated

At Sym's, an educated consumer is our best customer. Cash and carry, if it doesn't in a certain time frame, it was marked down.

View Article

Free money for them, when

Free money for them, when they "vaporize" your metal.

View Article


Pray to God we DON'T have

Pray to God we DON'T have Weimar - or any other version of hyperinflation - but what IS the end game when debt is expanding exponentially and governemtns are creating trillions out of thin air?  Weimar...

View Article


Imagine waking up to find out

Imagine waking up to find out that EVERYTHING you've saved, everything you earn, is now only spendable - and accessible - under new rules imposed by Big Brother......Besides it's a lot easier to create...

View Article

Actually the drug barons in

Actually the drug barons in South America have been doing a pretty good job too.....Dirty secret - the US LOVES all the illegal business conducted worldwide in cash ($US) - so do the big banks who...

View Article

Section 31 U.S.C. 5103,

Section 31 U.S.C. 5103, defines legal tender as "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender...

View Article

One slight problem. Banks

One slight problem. Banks also  create dollars, so the limitation of the government to print is not as influential as the author thinks.

View Article


Banks don't "create dollars",

Banks don't "create dollars", they create credit denominated in dollars.  The author is talking about the collapse of credit as a medium of exchange as people revert to using an extraordinarily limited...

View Article

I don't fully understand

I don't fully understand this.  Can't limited printing press capacity be "solved" simply by printing extra zeros at the end of the denomination?

View Article


When my greatgrandmother died

When my greatgrandmother died in1959 my grandmother found a great stack of gold sovereigns that great grandma had squirelled away over the decades of frugality. Grandma went mad getting all those...

View Article

T-bills haven't been physical

T-bills haven't been physical in decades. Ever hear of Treasury Direct? It is now the only way to own T-bills, notes, and savings bonds.

View Article


Not exactly. Currency has

Not exactly. Currency has value if you must have it to pay your taxes.  The fact that you must pay the IRS to stay out of prison, or pay the county to keep your house  means you must have US dollars....

View Article

Nickels. So you are going to

Nickels. So you are going to take delivery of a dump truck load of nickels and store 30 tons worth in your basement. And when you go to spend those nickels in any significant amount, you will have to...

View Article

If I was the government and

If I was the government and had just been through a hyperinflation I would knock add two zeros to the coins and use pennies as dollars.Minting coins is more difficult than printing dollars.

View Article

You don't need 30 tons

You don't need 30 tons worth.  Just enough to make the main silver safe unmovable and get by until people figure out that junk silver is the new currency.

View Article


At this point, is ANY

At this point, is ANY electronic currency soverign?It's all just numbers attached to three capital letters; none of them actually have any value. And the last time I checked, drug dealers don't take...

View Article

Browsing latest articles
Browse All 50 View Live




Latest Images