I’d like to thank the YouTube dude at Truth Never Told for the article idea here. He is the guy that sells unique design low volume silver rounds. He sells through Golden State Mint. He almost never has a bad video even if most of the time he covers the same basic theme which is that we are completely hosed financially. Lately, it seems he has ramped up his fear and confusion, paranoia and angst. Which of course makes his videos even better than before. Nothing focuses the mind better than imminent danger, Will Robinson.
One of his common listener questions is, “where do I safely store my silver”. He related a story of when he was a child and their home was broken into during the last Silver Panic ( around 1980 when it went crazy at $50. Adjust that for inflation, to around $150. And remember, that is just the “official” inflation rate ). The thief didn’t get into their safe, but not for lack of trying. As such, he is NOT a big fan of having any silver at home ( except perhaps junk silver hidden in with other nickel clad everyday change ).
That would be about like storing your firewood in rounds instead of split wood. It is too heavy to bother hauling off. If you have a water jug full of dimes and nickels, who would try to swipe it to go through the thing looking for a few silver coins? And remember to have one full of pennies. Come the collapse you will have plenty of time to sort through for pre-’82 copper coins. Personally, I don’t care for the Rawles Nickel Lottery Scheme. Post-collapse, I don’t see any energy available for smelting, nor acceptance in trade. But that could just be me.
Truth Dude says, just bury your silver. Be a pirate. Okay, easy and widely known advice ( although repeating the obvious is always a good idea, as few folks listen past the voices in their heads ). The interesting part was when he started going off on a rant. Yeah, buddy! You go! He was getting aggravated that people were refusing to take responsibility. They didn’t want to be responsible for safeguarding their own wealth. Or take responsibility for their own health. While this is true and he has a point, I’d suggest it is more a risk aversion.
Which stems from a lack of self-confidence. Which is a direct result of a lifetime indoctrination and lack of experience. And massive nonstop distraction from bread and circuses. And there is one more far more insidious aspect. Self denial. The less we admit we need to do things for ourselves, the more we can pretend that the time to do so will be after we die. As in, oh, why worry, banks imploding won’t happen in my lifetime. Blacks won’t actively hunt down Whites like dogs. My job will always be important. We still have plenty of time.
We all know this is BS, because none of these things are true, already. The Federal Reserve Bank steals your money every year, by inflation. You think it is safe in the bank, but they don’t even have to touch it to steal from you. Of course, no, total conversion to silver is a terrible idea ( Truth Dude acknowledges that his stash is for after “the Terrible Times”, a wealth transfer ). You must keep some cash on hand. But you don’t keep it in the bank. The “bail-in’s” WILL come sooner rather than later.
You’ll still pay the Inflation Tax, as long as you need to rely on paper currency for trade. But don’t pay the Bank Closure Tax on top of that. Burying silver, as long as it is Wealth Transfer silver, is LESS dangerous than keeping money in the bank or waiting for that paper to hyper-inflate. But we have that lifelong indoctrination that your money is safe in the bank. You don’t have to do anything, let the bankers do the hard work of keeping your wealth safe. If the bank closes, there is the FDIC. If it is robbed it will be replaced.
We all SHOULD know that is a crock, but then there is the problem of Partial Compliance. Since we need SOME cash money to conduct 99% of all our trade, we worry about keeping that safe and just begrudgingly go along with letting the bank “safekeep” it. Even though we know better. We accept the inevitable monopoly and just try to minimize the pain. Which is still removing some responsibility, which can reinforce that bad practice. I’m not saying we can avoid that, just that you need to be aware of the issue. How it might carry over.
A big area most of us are risk averse is rejecting the medical industry. If you think about it, it is largely run like a lottery. There are a few winners ( say, cancer survivors ) who are media pimped, as the hordes of dead losers are ignored. We are taught to fear NOT playing the rigged game. “If you don’t go to the doctor you won’t catch that prostate issue”. Yeah, and if he cuts me open now I can’t get wood, I dribble in my drawers and there is no guarantee the cancer will stay away.
I’m certainly not saying you should avoid the doctors. Me? I choose to, as I feel my odds are better. But I don’t blame anyone who relies on them when their life is on the line. None of us know what we would do in that situation. BUT! By taking responsibility for our own health, by exercising and modifying diet, by trying to avoid doctors instead of relying on them, you are most certainly going to be better off. The whole point isn’t to live longer, but to enjoy living the same amount of time ( quality over quantity ).
Avoiding divorce is a classic risk averse scheme. You know the bitch is going to get more than half. Of course, by staying with her you get zero percent past a tiny stipend allowance, dolled out to you only if you behave yourself ( and get sex once a month if you beg enough for it ). This is how you want to live? What if you die one year before the child support would have ended? You died broke and, effectively, alone. You accomplished nothing. Yet, if you take a risk, you just might find a much better mate.
Not to say you will. Which is why most refuse to take the risk. They are refusing to take responsibility for their own happiness. The same goes for your job. I loved my last job. I wanted to stay at it until I retired. I got free exercise and I was doing something good for other people. At first I was left to my own devices, doing a great job and saving the company money. Which was intolerable for the corporate type boss. I was happy, productive and independent, and that would NOT stand, by gum.
I stayed at the job hoping to outlast the new junior boss, but the pig face fat ass is too lazy to ever work for a living and was bound and determined to die with a clipboard in her hand. I didn’t even really want to work for myself, but did so out of necessity. My literal sanity was at stake. I finally took responsibility for my own happiness. Just like I FINALLY left the ex-wife after ten long years too long. I was risk averse to being alone ( I enjoy being married-sue me ).
You may or may not be tired of hearing my personal problems. So here is my point. Once you give in to the temptation of avoiding risk, you slip deeper into that trap. Conversely, once you start taking more responsibility for yourself, you find yourself dipping your toe into other aspects of freedom and happiness. Either way, actions are contagious. Every time I do a little something to improve my health, it begets other small changes. It builds on itself. After exercising more, smoking became more intolerable. So I quit. Another example is constantly improving your spending/saving habits. The “high” makes the next sacrifice easier.
Do it. Try one thing. You’ll be amazed how contagious it is ( to be clear, smart ass, I’m talking of positive change ). A little better every week, and you’ll find that the prospect of imminent collapse is less and less stressful. Deep stocking is necessary, but don’t neglect Deep Satisfaction with the rest of your life. Not material satisfaction, or wallowing in decadence and luxury, but “a life lived with purpose” satisfaction. Doing what you love, and what you must to improve. And you make yourself happy, it will help you make others happy.
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Yes, stashing PM’s on your property probably makes a lot more sense than at a safe deposit box at a bank, that you may not be able to get to in the event of a bank run. You have to be careful though, since some joker with a metal detector can discover your stash, and then there’s that new fangled ground penetrating radar, that the Leos are using. I recall Kurt Saxon suggesting that it’s advantageous to bury scrap metal in various places about the yard to throw these types off. A hidden wall with a safe could be an option. In either event, it must be hidden well.ReplyDelete
According to the Argentinian survivalist dude, during their collapse, the bad guys were going from farm to farm in the rural areas, and torturing folks to reveal their hidden stash, then killing them. Don’t have any advice on this, other than, never let them (the govt) take your guns, and have plenty of ammo to make yourself a less desirable victim. In a worse case scenario, you could always go all “Road Warrior explosive refinery” on their asses, as they’re entering, and you’re vacating (Obviously, this plan assumes that you have another cache to seek out).
Yeah, all good concerns to have and plan for. Nothing is perfect. Just keep in mind, even if you are actually poor and lost your cash in the banks, the guys planning on torturing you will NOT believe you, keeping torturing your family, then kill you all. You NEVER surrender to other forces. Anything following is worse than getting shot. From being butt humped in prison, to being starved as a POW to being tortured by thieves. Always be armed and willing.Delete
It's not just you. The nickel scheme IS f-ing retarded and small thinking. Per-wee R was just desperate to be wise and prescient about something and hoped history would repeat itself like when silver coinage evaporated from the money supply.ReplyDelete
I had a big yuk a few years back when you wrote Rawles could stick his nickels up his ads. I agree.
That sounds about like something I would say. Alas, I don't remember most of my good lines.Delete
having a silver stash as a wealth carryover can be a good idea, but just remember that the 1980 spike was a black swan event essentially, caused by the Hunt brothers attempting to control the entire silver marketReplyDelete
yeah, silver spot is rather low, just don't put so much attention on 1980
The next time is better than 1980. We have a lot more electronics now, a lot less silver available, Peak Silver globally was eleven years ago ( for perspective, Mexico peaked in oil twelve years ago and now imports oil ). There is more gold aboveground than silver, and Peak Gold JUST occurred ( I think two-three years ago. Real close ). The end game on silver will make 1980 look like a piker. There is no down side, because even if I'm completely wrong silver is still undervalued now. Even if you only triple your real value, rather than 100x it, how do you lose?Delete
I tried for about 40 years and then about 6 years ago I finally succeeded. I don't eat pussy any more. Never cared for it much in the first place. Seemed like the unctuous down payment before the par-tay. But eventually enough is enough. I put on my big boy boots and stopped initiating the whole thing. Yeah, there was a debilitating dry period and that was unbearable but eventually the sun broke through the clouds. The risk was well worth the reward.ReplyDelete
Did the same thing with soft drinks, and as of a couple months ago, chocolate. As the world's greatest hero, obammy once said, "Yes you can." Next up? Sugar. grrrrrr......
Not caring for "it" isn't the point ( I like it myself ). More so the returned favor. I can't see having a relationship without sex. You just have a roommate. But, hey, to each his own.Delete
Sorry, I deleted your comment. Really, not on purpose. Basically, I was rejecting your nuggets and I'm from Missouri :) Yeah, I liked that one. I'm so stubborn, you know I've screwed up on everything I tell you not to do. If it didn't hit me up aside the head, I don't learn from it very well.Delete
Nickel melts at a temperature about double that of steel.
To achieve a reasonable purity requires a constant infusion of Carbon Monoxide.
After you go to all this effort, what good is semi-refined nickel?
Hey, kids! I know just the ticket! Sell it to Rawles... he'll buy anything!
[ancient reference to televisionprogramming advertisements for grain and corn-syrup simulated food-type product called 'Captain Crunch']
[or maybe it was called 'Life' cereal] [shakes head in amazement at gullible consumers]
Pretty sure it was "Life", but I won't bet a jelly filled donut on it. Now, as for nickels. I understand the whole point was that you were supposed to value it because you knew copper was in there. I just think that for coins to be traded willingly they need to be pure except for the hardening agent. I could be wrong, but if I myself was a merchant I wouldn't touch the things even knowing they were 75% copper.Delete
The point was that the Gov will treat nickels like pennies and replace the nickel with cheaper metal, and that the price of nickel will go up. Nickle can't be refined from ore under primitive conditions, and is more expensive than most of the other common metals. Also, a nickel will hammer into a nifty arrowhead that won't easily rust.Delete
I don't remember the arrowhead part. Do you agree this idea has merit? I might just keep nickels just for that alone.Delete
Sorry guys. Accidentally deleted the last three comments. I got GS already. Spud, my apologies-I forgot what yours was about. Third comment-sorry, completely blanked yours. I'll try not to ever do that again. I wasn't sufficiently focused :(ReplyDelete
Meh, twas just basically about lack of nookie and how as a young man it meant soooo much. Yet as an older person, just can't remember what all the fuss was about that smelly patch of skin...Delete
Yeah, damn hormones. They served their purpose though, didn't they?Delete
Dollar death inches nearer...https://www.reuters.com/article/us-saudi-usa-oil-exclusive/exclusive-saudi-arabia-threatens-to-ditch-dollar-oil-trades-to-stop-nopec-sources-idUSKCN1RH008ReplyDelete
Hmm, yeah, at first glance a Nothing Burger, but the tone makes me think it is more of a "he doth protest too much". Like they are trying to calm everyone since it is much worse than admitted. And the "pumps 10%" is pretty much a straight out lie. Of course, duh, MSM.Delete
Do I need to send you some coffee so you stay focusedReplyDelete
Hey, it was after seven at night. I wouldn't have been drinking it anyway.Delete
" Not material satisfaction, or wallowing in decadence and luxury, but “a life lived with purpose” satisfaction. Doing what you love, and what you must to improve. And you make yourself happy, it will help you make others happy."ReplyDelete
That's about as close to a positive rant as I have every seen from you. Keep preaching some one might get "saved".
I try not to get too positive. Someone might mistake it for optimism :)Delete
I'm not optimistic about the future, however I have learned (mostly because of the untimely death of my first wife) to live with serenity. No longer worry about making 100 grand a year. Which I pissed away living in Miami anyway.ReplyDelete
Can one really piss away $100k? I'm not being a dingus. I honestly can't conceive of such White People Problems.Delete