That was a wonderful video.
I kind of like OMEX (regardless of what SA writers think of its stability as a stock and company). There must be a little bit of adventure kicking around in me? I did not in any way mean to recommend OMEX to HL board, just thought its an interesting different take on where are some of the precious metals?
I had not realized the British gold in Canada banks, had been used to finance the USA Lend-Lease Aid in early 1940's to England.
Gold does not rust and a computer virus cannot attack it.
Has anyone else noted that the USA population is increasingly becoming comfortable with the instrument of 'electronic money'? Providing security for that will be challenging, to say the least. USA is heading for another Pearl Harbor situation, with the poor financial security we possess electronically.
USA military experts laughed at old very small electronics tubes the USSR jet fighters had in them, until one fellow said 'that is true . . . but their fighters will still work after a nuclear radiation pulse from an H-Bomb wipes our transistors circuits in our military stuff'.
A store owner would probably take small USA silver coins in exchange for gas and food, during a crisis situation. I had a friend in the navy in early 1960s and on shore leaves . . . he said the Asians always were very willing to trade USA dollar bill silver bearing notes, for the local currency. I met a guy on the bus one time and he told me he and his father, would buy raw coinage from local banks and take it home and sort out the silver small change on the weekends . . . return the leftover other non-silver coins for USA dollar bills. Each weekend they did the same thing. Again, time line early 1960's.
Intel announced today, its going to build research facility in India for $millions. That will surely help our domestic jobs and tech future, right?
I guess no one is minding the desk in the USA . . . service jobs for USA youth. USA future is set up for Stagflation (Inflation concurrently with Deflation).
Commodities (including food, oil and PMs) only export economy USA will end up with . . . the way things look now. That scemario bodes well for HL.
