Is This the Start of Hyperinflation? - The Start of Capital Controls? - 26/12/2006
The U.S. dollar and its fiat currency is rapidly becoming worthless - evidenced now by the need to start strong arming Americans - to keep us from recognizing the metallic value in even - the cheap coins our nation mandates us to use as a medium - of exchange -
Following is a quote from the U.S. Mint this past week - explaining why they are going to enforce a growing trend - toward melting down coins -
The currency buys considerably less than even the low value - metals now in our coins, so here come the strong-armed - tactics of a government with an inherently dishonest - monetary fiat policy -
“Effective today, the U.S. Mint has implemented - an interim rule that makes it illegal to melt nickels - and pennies, or to export them in mass quantities -”
The rule also bans the exportation of the coins - beyond traveling with $5 worth and shipping up to - $100 for legitimate purposes -
FY2p - The modern penny (made after 1982) is - worth 1.73 cents with production costs included - The nickel, which is made of copper and nickel, is actually - worth 8.34 cents when production costs are included -
“Violators of these new regulations face up to a $10,000 fine imprisonment of up to five years, or both.” ... (1934 confiscation Au coins, bullions etc. warning - history often repeat itself)
FY2p - its good with some diversification of Au & Ag - outside US - your best bet to find Au & Ag - is were its found it before -
I don't mind to wait to higher PM's - Franklin FMNJ - Gold & Silver - and the demands for base metal prices - to go to new highs in 2007 -
Most majors PM's producers love to takeover - smaller companies with large Au & Ag reserves - its most important that the smaller comp. safe - guard themself and their Shareholders - against the takeover 666 raiders - from larger comp. out to buy us out! -
When the open interest of Bucky going high - its plenty of Bucky available and not many - want the poor Bucky into much debt problems - the risk for it to fall of the cliff isn't good -
it's a Blessing that old Franklin hasn't started the mining - it makes the FMNJ PM's reserve in the hardrock - to be the safest treasure PM chest safety-box - going higher with steady increase - of the LT Res. PM's markets bullion values -
Its a start - Silver above $800.- per ounce in 1477 - manipulated down by 666 in more than 500 years - Cerro Rico, Potosi 888 Holy Spirit very strong -
fig. the inflasion since - the Silver would be much more than $8000.- per ounce today - (if it was a fair market playingfield - without ratchillz banksterz manipulated the market - since the past 500 years) -
Are the lemmings following LT Bucky? - U.S $ INDEX (NYBOT:DX) -
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