Showing posts with label Precious metals. Show all posts
Showing posts with label Precious metals. Show all posts

Thursday, January 28, 2016

Thursday 01-28-16

I saw a report that said it was a government murder, the state is supposed to give their response to the allegation's later on Wednesday.

Oregon stand-off militiaman killed in shootout with the FBI: Traffic stop turns into deadly gunfight, ending with militia's spokesman dead and leader Ammon Bundy arrested along with seven others


Oregon militia spokesman LaVoy Finicum has been shot dead after a traffic stop escalated into a shoot-out that saw Ryan Bundy wounded and eight leaders of the occupation movement arrested.
The group's leader Ammon Bundy was among the militiamen arrested during the encounter on Tuesday afternoon as they drove to attend a community meeting in the neighboring town. 
It is the climax of a tense stand-off between federal agents and the activists more than three weeks after they took over a government building in Burns, Oregon, to protest two ranchers being jailed. 
According to local media, shots were fired within minutes of the traffic stop, killing Finicum and wounding Ryan Bundy.
It is not clear who opened fire first.
Ammon Bundy, Ryan Bundy, and three other leaders of the occupation - Ryan Payne, Brian Cavalier, and Shawna Cox - were charged with conspiracy to impede federal officers,Oregon Live reports. 
 
KILLED: Oregon militia spokesman LaVoy Finicum (pictured) has been shot dead after a traffic stop escalated into a shoot-out between the activists and FBI agents on a highway on Tuesday afternoon
ARRESTED, CHARGED: Ammon Bundy and six other militiamen were arrested at the scene and charged with conspiracy to impede federal officers'. It is three weeks after they took over a government building in Oregon
ARRESTED, CHARGED: Ammon Bundy and six other militiamen were arrested at the scene and charged with conspiracy to impede federal officers'. It is three weeks after they took over a government building in Oregon
WOUNDED, ARRESTED, CHARGED: Ryan Bundy received minor wounds from the shoot-out, reports claim
WOUNDED, ARRESTED, CHARGED: Ryan Bundy received minor wounds from the shoot-out, reports claim
Sgt. Tom Hutchison stands in front of an Oregon State Police roadblock on Highway 395 between John Day and Burns by Oregon State police officers Tuesday after LaVoy Finicum and Ryan Bundy were shot
Sgt. Tom Hutchison stands in front of an Oregon State Police roadblock on Highway 395 between John Day and Burns by Oregon State police officers Tuesday after LaVoy Finicum and Ryan Bundy were shot
Another Oregon State police officer stands by a vehicle on Highway 395 after arrested five of the occupiers
Another Oregon State police officer stands by a vehicle on Highway 395 after arrested five of the occupiers
The group was driving to a community meeting  on Tuesday when they were stopped by traffic cops. Pictured: the highway between Burns, Oregon, and John Day, where they were driving to attend a meeting
The group was driving to a community meeting on Tuesday when they were stopped by traffic cops. Pictured: the highway between Burns, Oregon, and John Day, where they were driving to attend a meeting
Oregon occupation leader Ammon Bundy arrested by FBI
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WHO WAS LAVOY FINICUM? 

LaVoy Finicum, 55, of northern Arizona, has been the right-hand man to the occupation's leader Ammon Bundy since the stand-off began on January 2.
Acting as spokesman for the group, he gave numerous press conferences to communicate their position. 
At one point he personally climbed up a pole to dismantle surveillance cameras in an apparent show of defiance against the government.
But he has not always held such a strong anti-government stance.
Last year, he told the St George News that he complied with federal land controls until Cliven Bundy's stand-off in Nevada in 2014. 
The episode, he said, struck a chord with him. 
He joined the Bundys and 'did a lot of soul-searching' until he 'realized that Cliven Bundy was standing on a very strong constitutional principle—and yet, here I was continuing to pay a grazing fee to the BLM.'
Finicum's wife of 23 years recently arrived in Oregon, traveling up from Arizona, to celebrate his 56th birthday. 
Beyond life as a militiaman and rancher, Finicum was a father of 11 and grandfather of 23 who also found time to write a novel, Only By Blood And Suffering, about a time when guns are no more, cars have stopped working, the market has imploded, and the Chinese control everything.
Officials would not confirm the identity of the militiaman shot dead. However, numerous sources close to the occupiers identified Finicum on Twitter, and Nevada state Rep. Michele Fiore confirmed it was him, according to Gawker
Daughter Arianna Finicum Brown confirmed her father's death to The Oregonian, saying 'he would never ever want to hurt somebody, but he does believe in defending freedom and he knew the risks involved.' 
In an interview with MSNBC three weeks ago, Finicum declared that he would rather die than face arrest. 
'There are things more important than your life and freedom is one of them,' he said at the time. 'I'm prepared to defend freedom.'

Finicum, a Mormon rancher from Arizona, was a father of 11 and grandfather of 19 who was married to his wife for 23 years. 
His daughter Challice Finch told NBC News after the deadly standoff that her father and his fellow protesters were 'all committed to not firing on federal agents.'
Speaking to The Oregonian on the eve of his death, LaVoy Finicum noted that law enforcement officials 'have become more hardened' as of late.
'They're doing all the things that show they want to take some kinetic action against us, and we're saying, "Why be so unfriendly?"' the militia spokesman told the paper.  
Joseph O'Shaughnessy and Peter Santilli were arrested in Burns soon after the traffic stop and shoot-out. 
An eighth group member, Jon Ritzheimer, was arrested in Peoria, Arizona, after turning himself in to the police department, Fox reported.

All of those arrested face federal charges of conspiracy to use force, intimidation or threats to impede federal officers from discharging their duties, the FBI said.
The hospital where Ryan Bundy and LaVoy Finicum were taken, St Charles Medical Center, was placed on lockdown in the wake of the shootout.
Some 25 miles of Highway 395 was shut down in both directions following the incident, a dispatcher for the state department of transportation said. 

According to Oregon Live, the leaders had been en route to John Day - 70 miles from Burns - to appear as guest speakers at a meeting with hundreds of local residents.
The crowd was informed the group would not be able to make it to the event after the dramatic traffic stop.

Frustrated local and state officials have been increasingly urging the FBI to do something to resolve the situation.

Bundy and his group have held frequent news conferences at the site, traveled to meet with sympathizers and others to espouse their views and some even attended a community meeting last week, where local residents shouted at them to leave.
Federal authorities have taken a hands-off approach so far and say they want a peaceful resolution. 
Bundy has been in contact with an FBI negotiator and local law enforcement. 
On Friday, Bundy went to the Burns Municipal Airport, where the FBI has set up a staging area, and met briefly with a federal agent. 

(More to this article)

http://www.dailymail.co.uk/news/article-3418491/Ammon-Bundy-arrested-three-fellow-militiamen-shots-fired-Oregon-stand-off.html

The best and most useful PM when you need it.

Buy Ammo



I have never, ever had anyone tell me that he had too much ammunition.  Not in a combat zone, not in a civil disaster, not even in peacetime.  Never.  Nor have I lived through a time where our governing class was so deeply corrupt, so utterly foolish, and so dangerously focused on the perpetuation of its own power that it risked bringing down everything we have built not merely in the United States but in the entire West.
Right now, if you are watching the news, you have questions about the future.  And the answer to all of them is to buy ammo.
Buying ammo is a no-lose proposition.  Look, the worst thing that happens if you buy more ammo is that you have more ammo.  Plus, much of our consumer ammo is made by hardworking Americans, and many of those ammo makers are located in red states where the right to keep and bear arms is celebrated and respected.  So you’re helping fellow conservative Americans, which is good.  And you’re infuriating people like that sanctimonious, Second Amendment-hating incompetent infesting the White House, which is great.
Of course, buying ammo presumes you have already fulfilled your duty as a law-abiding, able-bodied American citizen and obtained sufficient firearms for the defense of yourself, your family, your community, and your Constitution.  I can’t tell you how many people in the last year have confessed to me that they have finally decided to visit their local gun seller to do what they had put off for far too long and transition from sheep to sheepdog.
A handgun and a long weapon per adult is merely the minimum.  We call that “a good start.”  Now, while you can really efficiently carry only two weapons at once, when all hell breaks loose you’re going to have friends who were the grasshopper to your ant and did not prepare for winter.  You may wish to share the contents of your armory with them when the time comes; keep in mind that the only thing in a gunfight that’s better than having a black combat rifle is having your buddy there to provide supporting fire with a black combat rifle.  
Or a shotgun – diversity is a good thing.

Don’t forget training.  Malpractice with a weapon is a bad thing, particularly when the foolishness of our leaders has led to the kind of chaos where hospitals are deserted and antibiotics are hard to come by.  I oversaw the weapons training of at least 20,000 troops over my career (Sergeants actually do the training; officers oversee the planning, resourcing, and big picture range operations, then find their sharpest sergeant to run them through some refresher drills so they can shoot “Expert” when they hit the firing line and qualify in front of everyone).  I am a big fan of weapons training.  You need to learn safety, and you also need to learn how to hit what you are shooting at.  Don’t be like the gangbanging, side-shooting nimrods in Democrat inner cities who can’t hit the other scumbags they’re shooting at and instead take out nice ladies walking home from church.  Having lots of ammo on hand facilitates training.
Now, many of our urban liberal friends will not understand why we insist on ensuring that we have plenty of guns and ammo.  They are, not coincidentally, the same urban liberals who don’t understand how creating economic and political chaos by screwing up the economy, coddling crooks, allowing unrestricted immigration, refusing to defeat our enemies, and frittering away the rule of law all act to undermine this wonderful island of relative peace and stability we call the United States.  The über-beta editor of a well-known liberal website once chided me on Twitter for pointing out the fact that civilization walks on a tightrope over a chasm of chaos, telling me I was essentially nuts for thinking this could all fall apart much faster and much more violently than any of us imagine.  But I was not nuts.  I was remembering.  I was remembering Los Angeles on fire during the Rodney King riots.  I spent three weeks on the streets with the Army during that little life lesson based out of an armory south of I-10 and east of the 405.  Let’s just say that it was a looty, shooty area.  So I don’t need chaos lessons from some tweedy femboy, nor do you.  It may not be apocalypse now, but it could very well be apocalypse soon.
Do you think our elite is going to protect you during the next “uprising?”  Remember, it’s a “riot” only if elite liberals are at risk like they were when Beverly Hills got threatened; it’s an “uprising” if only you are.  Remember that “stand down” order in Baltimore?
Do you think the Iranians and our other enemies haven’t been watching Team Feckless in inaction and thought about popping off a hot rock or two a hundred miles above Kansas City to fry all our wonderful electronic gizmos with EMP?  A couple days after our logistics networks go down those urban hipsters are going to learn what really constitutes a “food desert.”
Do you think a country this politically divided can’t devolve into violence?  People in Kosovo were pretty sure everything was hunky dory while Tito was alive.  People resolved their differences through the institutions.  And then Tito died, and the game changed.  In just a few years, it became very bad.  
Right now we have a president who thinks he can ignore or modify the law unilaterally, justifying it with the baffling argument that he shouldn’t have to ask Congress because Congress will just say “No” – which I always thought was kind of the point of checks and balances.   So what happens when President Clinton, who identified you and me and the 50% of Americans who aren’t her supporters as her enemies, decides she gets to make her own laws because, well, she knows better and feels like it?  Nothing good.
But deterrence is a wonderful thing.  An armed, trained populace is not only prepared for when things go bad, but the fact that it is armed and trained makes it much less likely that things will go bad in the first place.  Last year, Americans voted for liberty by buying well over 15 million new guns.  That’s roughly 40,000 a day, every day.  That’s enough to arm three infantry divisions.  
Every.  Single.  Day.
Just don’t forget to buy ammo.

http://townhall.com/columnists/kurtschlichter/2016/01/25/buy-ammo-n2109112

Friday, January 15, 2016

Friday 01-15-16

Save Your Nickels! What You Need To Know About Nickels


by David Hathaway
Are you doing due diligence with nickels? As many LRC readers know, nickels are the only real “money” being distributed by the U.S. Government at this point in time. The value of the metal in a nickel equals the fiat value assigned to it by the state.
This cannot be said about the currently produced pennies, dimes, quarters, or half dollars and certainly cannot be said about the paper money or the even more insidious and plentiful computer digit money that we are forced to use. Nickels are uniformly marked, impractical to counterfeit, and easily recognizable for their metallic content (75% copper, 25% nickel).
So, is it really that easy to get real money in exchange for the worthless stuff floating around? Yes, it still is. You walk into a bank, hand the teller a 20-dollar bill, and walk out with 10 rolls of nickels. There is no dealer markup. There is no sales tax. There are no shipping fees.
There is no capital gains tax or value added tax. It almost seems impossible in this day and age. It soon will be impossible. We are temporarily in an era with nickels that is analogous to the pre-1965 silver coinage period. Coin composition is slated to change during the 2013 fiscal year.
So, what are the issues that would preclude a person from taking advantage of the inevitable increase in the value of nickels when compared to the fiat dollar? Well, there is one small issue and one slightly bigger issue. The small issue is obtaining the nickels and the bigger issue is storage. Both issues can be resolved fairly easily for most people. First, let’s look at the smaller issue.
Silver nickels and golden dimes
You don’t want to shoot yourself in the foot when obtaining nickels; not to mention your fellow hard-money brethren who are doing the same thing. Don’t go into a bank and make a grandiose gesture by asking to speak to the branch manager and discussing the bulk acquisition of $1000 or $10,000 worth of nickels.
I have read articles where people proudly describe the incredulous looks they get from the bank employees and the follow-up questions administered by the bank staff from such an action. These articles usually include a description of how they schooled the bank employees about how the customer was hoarding nickels as a hedge against inflation. Don’t have this conversation with the bank. You don’t want to be the source of new bank policy restricting the acquisition of coinage. Some banks may charge a percentage for obtaining coins but, most still don’t. With nickels it is still so easy.
You need to have a systematic outlook. What you do is always lay down a 20 dollar bill and ask for 20 dollars in nickels. No more. That’s all. Make this fit into your lunch break at work, your commute, your exercise routine, or your shopping routine. You can go to one, two, or three banks fairly quickly. Don’t get the coins using your debit card or a check. Keep it to a simple hand-to-hand cash transaction. You don’t want multiple computer entries showing up on your bank account at different bank branches 10 minutes apart.
It looks like you are doing something. Banks look for patterns and they will ask more questions. You aren’t doing anything wrong but, once again, you don’t want to make waves. You want to be able to continue getting your nickels. Giving out $20 in coins is no big deal to a major bank but, retailers that get coinage regularly usually do have to pay extra for the privilege.
Small account holders and even non-account holders are usually given “small” amounts of pre-rolled coinage in exchange for paper currency as a courtesy at no charge. You want to be in the small customer “courtesy” realm on this issue. Being in a slightly bigger town is a plus but, not essential.
If you happen to be on a lengthier shopping trip or road trip, you can get $20 worth of nickels ten times fairly quickly at ten different banks. Remember, you don’t want to be responsible for the issuance of new restrictive policies within your local banking world. Banks talk to each other. They go to conferences. If only a few guys in a town of a million people are trying to get large quantities of nickels on each transaction, the word will get out and policies will change.
You won’t believe how quickly you acquire nickels at this rate. You quickly get in and out of the bank since you are not doing account-related transactions. You get 400 nickels each time you hand over a 20-dollar bill. The transaction usually takes less than a minute. If you do this twice every day on your lunch break, you will have nickels coming out of your ears. Don’t try to do it at a quicker rate. You will end up causing problems.
The second issue, which is really the point of this article, is the storage of your nickels. One of the first rules for obtaining and storing metal as a hedge against inflation is to take possession of the metal yourself and to not trust someone else to store it for you.
A warehouse receipt can be next to worthless in a hyperinflationary environment and is subject to the same type of mishandling that has been seen in metal futures, ETFs, and other paper forms of metal. Nickels do present a challenge for storage but, the challenge is not insurmountable.
Silver nickels and golden dimes
Green military style ammo cans are a very tempting solution. They have one serious drawback. They look valuable. That wall of ammo cans in your basement really looks like a stash of something worth stealing. The larger size (generically called .50 caliber ammo cans) are too heavy when filled with nickels. The smaller size is easier to handle. They weigh about 35 pounds when filled.
They hold about 88 rolls. Each roll contains $2 face value of nickels. So, you are preserving about $176 face value of nickels in one ammo can. To get up into multiple thousands of dollars, you will have quite a wall of ammo cans. They get harder and harder to conceal. They won’t fit in a floor safe or that hollow brick like your gold coins do.
So, what’s the answer? After years of experimenting, I have found the perfect solution. Home Depot sells pre-cut 24-inch sections of thick walled 4-inch black ABS pipe. They also sell the 4 inch ABS end caps and ABS cement. This combination makes a perfect long-term burial solution. The ABS cement causes a reaction to occur that is the chemical equivalent of welding the plastic end caps on by chemically softening, melting, and then permanently binding the adjoining surfaces of the two plastic pipe fittings together. PVC pipe also works. The nickels will last for decades in pristine condition underground when stored in these pipes.
I had an occasion to dig up 10 pipes recently containing a total of 560 pounds of nickels that had been buried for three years. The store bar-code stickers hadn’t even come off the pipes yet. The pipes with the caps glued on with the ABS cement still looked brand new. Each of these pipes holds 122 rolls of nickels on average. The pipes weigh about 56 pounds when finished.
I have found that drilling a tiny hole with a small drill bit aids with pushing on the final cap since the glue makes the caps airtight and the air pressure makes it hard to push the second cap on. The air relief hole allows the cap to slide on easily before the cement binds the parts together permanently. The small hole can then be filled with ABS cement to make the pipe watertight. To get the nickels out, you will have to cut the pipe open with a saw.
After preparing multiple pipes, dig a trench. It will look like you are installing a water line or a sewage pipe. The 24″ X 4″ inch black pipes look like sections of sewer line. You can rent a trencher to make the process quicker and to reduce prying eyes. I have found that even sensitive metal detectors cannot detect the pipes when they are more than 12 inches deep. To be on the safe side, you can make your trench 18 to 24 inches deep. Even if they are buried less deep, they have the metal detector signature of a buried water pipe and won’t look like an attractive target to unearth.
Silver nickels
I will address one more point since I hear this all the time. How do you cash in the nickels for the metal value? You don’t in the short run. This is not a buy and turn over proposition. You don’t have to worry about the legalities of melting coins. People don’t have to melt down pre-1965 silver coins to get the metal value.
There will always be a market for the actual metal value in the coin. You don’t have to melt down gold coinage to get the metal value. Some day, when the effects of massive inflation are more evident, you will have your hedge against inflation and you will be able to sell your coins for their metallic value as you need to.
In the case of nickels, they won’t have to be assayed. They are marked and it is obvious what they are. Their metallic content is common knowledge. There is no down side with nickels. If nothing else, you have gotten your money out of computer digits and you are holding it in tangible form for the coming banking crisis. It just so happens that you got full value for yours in incorruptible metal form with a picture of one of the less offensive presidents stamped on the side.
David Hathaway is a former supervisory DEA Agent who homeschools his nine children. He enjoys writing about the injustices of the state. Copyright © 2012 by LewRockwell.com. Permission to reprint in whole or in part is gladly granted, provided full credit is given.


Oil could crash to $10 a barrel, warn investment bank bears


Oil prices have crashed to below $30-a-barrel amid warnings the rout could reach as low as $10 and bring down petrol prices to levels last seen in 2009.
Standard Chartered became the latest major bank to downgrade its oil outlook to $10, joining the likes of Goldman Sachs, RBS and Morgan Stanley in making ultra-bearish calls as prices have collapsed by 15pc this year.
Brent crude has now slipped to a fresh 12-year low of $30.41 a barrel, while West Texas Intermediate - the US benchmark - is trading at $29.93 - a level last seen in December 2013. Analysts warned the oil market remains fundmentally out of balance as record over-supply and stagnant demand weighs on traders.
No fundamental relationship is currently driving the oil market towards any equilibrium
Standard Chartered
Standard Chartered said there was no bottom in sight until "money managers in the market conceded that matters had gone too far".
"Given that no fundamental relationship is currently driving the oil market towards any equilibrium, prices are being moved almost entirely by financial flows caused by fluctuations in other asset prices, including the dollar and equity markets," said Standard Chartered.
Oil last slumped to $10 during the height of the Asian financial crisis in 1998. A $10 world would lead to petrol prices falling back to 86p-per-litre, said Simon Williams at RAC.
"The last time we saw average prices this low was in early 2009", said Mr Williams. "However, for prices to get this low the pound would have to get no weaker against the dollar than it is today."

Christine Lagarde, chief of the International Monetary Fund, said supply and demand factors meant commodity prices were "likely to stay low for a sustained period".
Calling the bottom of the market was "akin to catching a falling knife" in today's febrile environment, said Michael Hewson at CMC.
"When the clamour for lower prices becomes a stampede, warning signs and alarm bells tend to start going off, which suggests that a more prudent approach might be advisable," he said.
The warnings came as Opec - the cartel that controls a third of the world's supply - said it would not cede to requests from some of its members to hold an emergency meeting.

Opec meets twice a year, but its latest gathering in December ended in a fractious stalemate over production targets, as Saudi Arabia and Iran struggle for dominance of the world's market share.
With the next regular meeting scheduled for June, Nigeria's oil minister said at least two members had called for an extraordinary gathering to address the price rout. But hopes were quickly dashed after the United Arab Emirates dismissed the prospect.
Energy minister Suhail bin Mohammed al-Mazroui said Opec's decision to maintain production and crowd out rivals was still bearing dividend, hinting that it would take another 18 months for prices to start picking up.
Mapped: How the world became awash with oil


"I'm not convinced Opec alone can change or can solely, unilaterally, change this strategy just because we have seen a low in the market," said Mr al-Mazroui.
The 13-member cartel has said it would only agree on lower production targets if non-Opec states - notably Russia - also signed up to reduce their record output.
"Something has to give," warned analysts at Energy Aspects, who calculate that demand for oil ground to halt due to an unsesaonably warm end to the year.
"The scale of supply declines has to be even higher to kick-start the rebalancing," they said.
"Even though weather is normalising somewhat, and supplies are starting to decline, the risk of further price falls and weakness in spreads is still on the cards."

http://www.telegraph.co.uk/finance/oilprices/12094394/Oil-price-could-fall-to-10-a-barrel-warn-investment-bank-bears.html

Tuesday, March 5, 2013

Tuesday 03-05-13

Should white people be afraid?  The following is the tale of two cities (or two people)  one speaks common sense the other tries to instigate fear, it should be obvious.



White people fear becoming U.S. minority, says Louis Farrakhan

GRAND RAPIDS, Mich. — Nation of Islam leader Louis Farrakhan says white people are promoting birth control for black women because they fear becoming a minority in the United States.
Farrakhan spoke Saturday at Fountain Street Church in Grand Rapids, invited by the Grand Rapids Community College Black Student Union.
He says white Americans will lose their majority by 2050 and says they've introduced birth control to black women "because they don't want no more black babies."
MLive.com reports Farrakhan says he opposes same-sex relationships. He says he isn't "homophobic" and isn't "afraid of people who choose a lifestyle that's different" but rather is afraid for them.
The Chicago-based Farrakhan says women's role is to stay home and raise children with strong moral values.

He also says he isn't anti-Semitic
http://www.freep.com/article/20130303/NEWS06/130303020/White-people-fear-becoming-US-minority-says-Louis-Farrakhan?odyssey=tab


Chart Of The Day: China’s $3.3 Trillion FX Reserves Could Buy All World’s Gold Twice

http://www.zerohedge.com/news/2013-03-04/chart-day-china%E2%80%99s-33-trillion-fx-reserves-could-buy-all-world%E2%80%99s-gold-twice