Beginning preps for the season of activity for the Citadel Beachhead today involved dealing with Banks.
To my mind Bankers and Lawyers are equals, dual parasitic entities that often work together and would immediately improve the quality of life for most Human Beings if they simply ceased to exist. There was a report I read about how doctors are against patients having too much access to their own medical files. The reason isn't nefarious, it is one of pure self defense: The Lawyer Class would become vampiric at Stephanie Meyer levels upon the Medical Class and put physicians in court for every subjective decision they take.
Did you know that there is a specialty of the Lawyer Class that makes a habit of hanging out in hospitals, under cover, listening for doctors and interns (especially interns because they are great financial targets because of insurance) who may simply let a bit of information loose so the lawyer can bring suit for Disclosure violations? Here's the way it plays out: Physician updates a nurse at the nurses station regarding Patient X. The Lawyer strains and manages to overhear a snippet about Patient X - then runs to Patient X and convinces him/her to sue. That's a special level of Suck, and just one of the reasons medical costs are out of line as a result of the Lawyer Class. Don't even get me started on the Insurance Class of snake oil sales and how they have ruined the medical system in America.
Make no mistake, WROL is in full effect in America, especially in the world of Banksters and Lawyers and Insurers. In the world of Lawyers they actually do argue over things like what the meaning of the word *is* is. So when it comes to being responsible for the finances of some III projects, special measures are in order...and taken.
The other day we had a discussion about metals and an Exchange was suggested, a place where Patriots could trade at Spot to avoid the fees of trading in and out of FRN's. I suggest Kenny's Swap Shop, here.I have also been considering accepting silver for IIIGear and the 527, and decided to run a test using AR Mags for those who want to avoid PayPal. If you'd like a 10-pack of the AR Mags (top right column of the blog) and want to use silver, just put together the $220 in bullion (no junk silver) based on Spot for the day and send it in. If it works out, I'll expand the silver option to more IIIGear. Make sure you send with a tracking number - tracking numbers are proving very useful these days.
Maybe if enough of us get into the habit of using metals in commerce, we can get more people and businesses aboard, like 2A shops and outfitters, etc.
K
Wonder if the Citadel could enter an agreement with the Free Lakota Bank- or use them as an example of how to organize an honest bank.
ReplyDeleteI watched a coin show last night, they were selling the Lakota Coins, .999 silver, 1 oz for $48 each . I don't know what the Kaota bank sells them for.
DeletePapa Mike
III
(no junk silver)
ReplyDeleteInteresting, as 90% silver coins are the way to go, as far as I'm concerned.
My only reason for staying in bullion is because the 527 would have to do so much volume in 90% before we'd ever have enough to trade in when needed. The 527 can't afford to take all silver for long - it will need to trade back to FRNs pretty routinely. I figured we could move bullion easier through the swap shop. I don't have anything against 90% coins. ;)
DeleteK
Thanks.:)
DeleteBad thing about the 90% coins have a collectors (Numismatic Value) worth more than the vaule of silver.For instance. A Morgan dollar my be worth $22 in silver but could be worth in numismatic value over a $100 then what? A lot of labor in tracting the job to sell them. just sayin'
DeletePapa Mike
III
I only have dimes and none worth more than others. However, most Mercury dimes are worn more than Truman ones, so if actually weighed there may be slight differences. Here is one to look out for though.
Delete1965 Silver Dime
Coin: 1965 Silver Dime
Estimated Value: $9000+
Background: The official production of silver dimes were discontinued in 1964.
Beginning in 1965 dimes were made out of copper and nickel. A silver 1965 dime is a mistake (and a rare one).
Only a few have been found, but more are believed to still be in circulation.
How to spot it: The silver coin has a silver edge; the common copper/nickel coin has a strip of brown around the edge.
A silver dime weighs 2.50 grams, while a copper/nickel dime weighs 2.27 grams
http://www.blifaloo.com/info/rare_coins.php
Kerodin,
ReplyDeleteBe careful there are some one ounce bars that say .999 silver that are clad. On the front they say In Clad we trust. To counfuse people into thinking it reads In God we Trust. I forget which Mint stamped them but I have a couple.:( Could get the info to you if needed. Hate to see you get hooked. I agree with Brock on the 90%
Caveat emptor, always. The bullion/junk issue is like chocolate/vanilla. Some like the junk cuz it can be easy to price, and some just like the pure stuff. Right now, lead is killing silver and gold anyway.
ReplyDeleteLast time I looked, Kent, the FLB had a pretty high markup, though maybe that's changed. That's not bad anyway; profit may be the greatest thing man ever invented. It's just not a strong selling point when you're selling the most liquid item on Earth.