Another Volatile Day Ahead?
As you go through the day today, keep in mind that the minutes of the latest FOMC meeting will be released at 2:00 pm EDT. Recently, they been releasing "headlines" at 12:30, too, so stay sharp. The pattern of 2012 has been to sell PM whenever anything gets posted by The Fed or The Bernank. Therefore, be cautious.
What I hope to do while I attempt to take some down time is to rehash some "Greatest Hits". I plan to re-post daily a blog/thread from the archives, both from TFMR and ATW. We'll get to that in a moment but first...
Following along on yesterday's theme, the USDA issued a crop report earlier this morning and it was a doozy.
http://usda.mannlib.cornell.edu/MannUsda/viewDocumentInfo.do?documentID=1046
If you don't want to pour through it, here's what ZH has to say:
And, of course, our own Grain Man "Art Lomax" is all over it, too. He's currently lurking in Pailin's Corner:
http://www.tfmetalsreport.com/comment/188505#comment-188505
The weather in The Corn Belt is only forecast to deteriorate over the coming weeks and the heat wave is expected to begin anew next week. Yikes!
OK, so here is your re-post of the day. This one was originally filed at ATW back on 3/29/11. I must admit that the food price surge that I was writing about never quite materialized...yet. I was also incorrect in my theory that overt QE would continue past June. Regardless, it contains several points that are still relevant today. Namely:
- "Let's start with the grains because rising grain prices cause all sorts of inflation. Not only are grains the raw input to countless consumer goods, grains are also the primary foodstuff for cattle ranchers and hog finishers as they prepare their herds for slaughter."
- "OK, so how about corn? Corn is extremely important in food production as it is used not only as a primary ingredient but as a sweetener, as well."
- "Have you ever heard the term "corn-fed beef"? Most of the best steakhouses proudly champion corn-fed beef because, frankly, its tastes a helluva lot better than grass-fed. The high sugar content of the corn gets converted into fat. The fat makes its way into the muscle and you, Mr. Steakeater, get yourself a beautiful, marbled "prime" steak. Fat cows are also desirable at slaughter because, well, they weigh more and cattle are sold by the pound. OK, so now, pretend for a moment that you're a cattle rancher. As your cattle are growing and being prepared for market (the term is "finished"), you want to feed them as much corn as they'll eat and you can afford. Corn at $7.00/bushel really cramps your business plan. Your first reaction is to control costs by thinning your herd, i.e. you sell some prematurely, before they are "finished". You might also simply want to sell some of your herd to take advantage of today's high prices. Either way, this extra supply in the short term has actually worked to keep cattle prices from soaring at the same rate as the grains. But this is temporary. By this summer, supply will decrease as cattle that would have been coming to market just then have already been slaughtered."
Here's the full post. You'll likely enjoy reading the comments section, too:
http://tfmetalsreport.blogspot.com/2011/03/ag-commodities-and-coming-inflation.html
That's it for today. Have fun and stay alert.
TF
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Comments
@Katie Rose
Go ask the local newspaper people what it is. Sounds newsworthy to me. If they give you a line of bull, you will know it's nothing beneficial.
Speaking of Grass and Bison...
Anyone tried the polish zubrowka vodka?
One of the best vodka's out there. It's slight green tint comes from a long blade of grass (in the bottle) that bison feed on.
There. Pour that on your steak.
AU chart a freakin mess today
And I say again. What a wicked awesome call Turd. We are not worthy.
http://pennystockjournal.blogspot.ca/p/gold.html
The first of Many
SPROTT
He said he would not look at spending some of his 1.2Bn issue until the market appears to have more interest in silver. This was when the price was around $29. Given that I think the average price paid for the first traunche was $30 I guess he could argue above $30 is showing interest.
He also is in the process of setting up a BANK. It will operate just like a normal bank but have the capacity to save in bullion. It will be based in Canada. A financial services company has been acquired with the starting of a banking license and the full bank license is in process. This information IS a game changer.
@Treefrog
I in no way want obummer to win but I don't want romney to win either, not going to choose the lesser of two evils on this one. I don't care that my write in for Ron Paul probably isn't going to get him much further ahead, but his ideals are what I believe in so that's who I am going to vote for. I do like your Rand Paul write in idea though, in all honesty at this point I think Ron knows he has a one in a million chance of actually winning but wants to set it up for his son to carry on his philosophy, give it one more terrible presidential election where our country officially becomes a shit hole and I bet people will start changing their minds on who should be in office.
"Food" for thought
When millions lose their jobs and have no hope of finding gainful employment, what options do they have for keeping food on the table?
The obvious answer for those who have become dependent on government safety nets is nutritional food assistance, and to date, more than 48 million Americans have come to rely on the program to stay alive.
But what if your country reaches its breaking point? What if the price of essential food gets so high due to inflation or supply issues that not even food stamps provide enough help to maintain a healthy diet? What if the very safety net established by government begins to tear? Then what?
The majority will have no other option but to scrounge for food in the streets… or starve. We’re already seeing this across America and Europe as tens of millions of people struggle to adjust to a dead or dying consumptive paradigm. These people have not yet realized what has happened and they hold on to the hope that their political leaders will somehow change the inevitability of a disastrous outcome brought on by a system that has been overloaded with debt, overspending, irresponsibility and moral hazard.
Those, however, who have come to the realization that the economy is not rebounding, that jobs have either been vaporized or permanently outsourced, that things are going to get much worse before they have any chance of getting better, have begun taking steps to ensure that they’ll not only have larder for their families, but a source of income, however paltry.
As easy money made it possible for mass urbanization (and suburbanization) during the widespread global build-outs of the last two decades, the collapse of the lending system and credit in general over the last few years has forced many individuals in Europe and the United States to look at other options. In a scenario such as that in which we find ourselves today, where jobs are scarce, prices are high, and socialization becomes economically impossible to maintain, enlightened individuals are doing exactly the opposite of what they’ve been taught to do. They’re no longer heading to cities for high paying tech or finance jobs. They’re headed back to their ancestral roots – back to the rural countryside to try their hand at a different lifestyle."
From: http://www.wealthwire.com/news/economy/3483
"
"Food" for thought
When millions lose their jobs and have no hope of finding gainful employment, what options do they have for keeping food on the table?
The obvious answer for those who have become dependent on government safety nets is nutritional food assistance, and to date, more than 48 million Americans have come to rely on the program to stay alive.
But what if your country reaches its breaking point? What if the price of essential food gets so high due to inflation or supply issues that not even food stamps provide enough help to maintain a healthy diet? What if the very safety net established by government begins to tear? Then what?
The majority will have no other option but to scrounge for food in the streets… or starve. We’re already seeing this across America and Europe as tens of millions of people struggle to adjust to a dead or dying consumptive paradigm. These people have not yet realized what has happened and they hold on to the hope that their political leaders will somehow change the inevitability of a disastrous outcome brought on by a system that has been overloaded with debt, overspending, irresponsibility and moral hazard.
Those, however, who have come to the realization that the economy is not rebounding, that jobs have either been vaporized or permanently outsourced, that things are going to get much worse before they have any chance of getting better, have begun taking steps to ensure that they’ll not only have larder for their families, but a source of income, however paltry.
As easy money made it possible for mass urbanization (and suburbanization) during the widespread global build-outs of the last two decades, the collapse of the lending system and credit in general over the last few years has forced many individuals in Europe and the United States to look at other options. In a scenario such as that in which we find ourselves today, where jobs are scarce, prices are high, and socialization becomes economically impossible to maintain, enlightened individuals are doing exactly the opposite of what they’ve been taught to do. They’re no longer heading to cities for high paying tech or finance jobs. They’re headed back to their ancestral roots – back to the rural countryside to try their hand at a different lifestyle."
From: http://www.wealthwire.com/news/economy/3483
"
So how will Romney change things for the better?
First of all, define "better". What is better to you and how would Romney achieve that? Original answers and facts to support it please.
Reminder: I've already heard all the empty rhetoric and zealous idiot flag-waving answers. Don't even bother citing Fox, the brainchild of controlled-opposition globalist liberal, Rupert Murdoch. Half the board would laugh in your face.
I wouldn't care other than the United States has a narcissistic tendency of imposing it's will on others. This makes it the business of everybody on the planet.
Let's hear it......
@babaganoush
A man of principle, not a middle-schooler.
I prefer grass fed
...because I like to know where my beef is has come from. There is nothing like pulling out a piece of beef that you know all came from the same cow that was grass-fed, only supplemented with GMO-free corn during the winter months, given antibiotics only when deemed necessary, and was healthy when going to slaughter.
Cows were not meant to subsist on corn alone, and most definitely NOT on GMO corn.
I also cook a mean rib roast at Christmas.
Grass fed beef and world domination
I was heartened to see all the coments about grass fed beef and how bad the grain fed beef is. That'swhat i like about this site people think for themselves anddon'trely on MSM for their info. Cows are wired to eat grass, grains cause unnatural e Coli etc in their gut and thus the requirements for anti biotics. The corn is laden with pesticides and that goes into the cow too. They are raised on CAFO which is also unhealthy inhumane and wreaks untold havoc on the environment.
Monsanto is to food what JPM/Goldman is to finance. GMOs are to food what derivatives are to finance. I.e. Weapons of mass destruction which once a predator or disease evolves to decimate these mono crops we are so f...d. They are also implicated in bee die offs.
Obie swore he'd require gmos to be labels but instead he appointed a monsanto exec to head the FDA! Sound familiar.
They want to control the world via their gmo food that they are trying to force on farmers worldwide. They are putting small farmers out of business with their regulations. Some day they will outlaw your backyard livestock and maybe even the homegrown veggies. It's already happening.
Eat local and keep on stacking
Spain
Want a window into what the US has in store in a year or three?
MADRID—Spanish Prime Minister Mariano Rajoy announced new austerity measures Wednesday that should help Madrid cut its budget deficit by €65 billion ($80 billion) through to 2015, and warned the euro-zone's fourth-largest economy may not grow at all next year.
In an impassioned address to parliament, Mr. Rajoy called on all Spaniards to back the measures, which include a value-added tax hike to 21% from 18% and cuts to jobless benefits and public sector wages, saying Spain's economic situation is "extraordinarily serious."
The measures were swiftly welcomed by the European Commission, the executive branch of the European Union. But analysts said ...
Just my non-expert opinion. I'm just a guy who reads what a Turd writes on a Mac Book.
Opine and questions for Turdville
Looking ahead at possibilities, cause, effect, actions and reactions of fiat and pm's that will surely come, from time to time over the years I've wondered about how the public will react with astronomically high gold and silver prices. So, I'd like to post a few thoughts and pose a few questions to you folks:
How do gold and silver investors (particularly physical holders) respond when the inevitable big move up happens, then goes into a sustained mania… which I expect will at some point trigger MSM, politicians and anti-gold actors, pundits, Central Planners and Anglo-Elite into a desperation move to begin a misinformation campaign to demonize gold and silver holders?
As soon as the uninformed pm-have-nots are ‘educated’ and ‘inspired’ to protest gold and silver ‘hoarders’ and ‘speculators’ with a rallying cry not conceived by themselves but their media teachers, their masters, TPTB will have manufactured public outrage to provide the public support/sentiment to begin steps to confiscate through high taxation of bullion, nationalization of mines and perhaps outlaw possession or sales.
Could this scenario play out if metals go where many of us think they will and the entitled, needy and covetous ones “lead the outrage” against “hoarder speculators”? Would our powerful enemies promote in every media venue how certain greedy ones have hurt the economy and even created a national security threat? Heaven forbid. I can hear it now… “You shameful barbaric hoarders! You’ve ruined our economy and threatened our country. Seize their ill gotten gold!!!”
Hey, stranger and more outlandish lies and actions have already occurred. Why not these things?
With that, back to my question: How will we and our pm Generals counter this MOPE and propaganda? Has anyone seen this discussed?
Many pro-pm sites (JSMineset), blogs (TFM), guru newsletters (pick your fave), organizations like GATA and certain bullion dealers (Ranting Andy’s) have long-listed how TPTB, banksters, Cartel, EE and even our own government in cahoots with the Fedskies, etc. have manipulated the metals. While we know that is true (and I’ve ranted such many times myself), at some point we/someone needs to consider (as individuals and community), how and what we counter with in pro-pm messages to the general public.
Right now, if I hadn’t been following all of the dubious things done for generations now (forget Rome for a moment), and being done today by the treacherous ones… learning all of this in a short period of time would probably scare me away from thinking about purchasing pm’s. The general, middle and upper income public may be scared off by such intrigue and high crimes being committed by our very nations. They may, without a stretch, think us off our rockers. They may even see us as the threat.
The learning curve will be too great for most to grasp the historic context of gold and silver, and the cycles of manipulation and deceit. Trying to speed up the teaching process for those that don’t yet have any idea of what this community has learned over time is next to impossible. That, and trying to cram too much into those in the dark by giving them too much detail or taking them too quickly from Genesis to Revelation can actually confuse them even more… and scare them.
At this point, which newsletter, website, blog, pm organizations are considering how the currently-asleep-soon-shocked-awake public will view pm’s and pm investors… and how will they balance the certain to come anti-metals lies out of the TPTB, MSM et al?
It would be nice to see someone take the lead in this. Perhaps I’m being naïve or a bit paranoid (and perhaps counting parabolic eggs before they hatch), but it seems that there must be a clear, concise listing of all the reasons this massive fraud and paper game to drive pm's down actually hurts the non-gold/silver public as well as pm investors. Folks need to know how pm manipulation along with the current fraudulent Ponzi system of manipulated fiat currency, commodities and everything else they purchase, hurts all people and all countries. The problem/solution/benefits in general, easy to understand bullet points directed to the general public needs to get out there and soon.
Sorry for the long opine… I didn’t have time to write a short one.
Your thoughts?
Bugzy
I love it! You and others like you are what makes this a great site! Where can you find conversation like this?
You asked about beliefs, where do they come from are they changeable and are they externally applied.
I think if I was to pull a number out of the air with no substantiation I would say that 60% of our belief system prior to an revaluation is simply accepted beliefs of our family and those we admire. Can they change, of course or advertisers wouldn't give .05 cents for advertising. And then there are facts, if we get enough facts we will change our beliefs with full awareness. These facts are a result of what we tell ourselves about the now in our lives.
You describe a vertical line from fear to no-fear and an instant of no future or past in the now as no fear. I think that works if we describe only irrational fear. Get between a 700 lb grizzly sow and her cub and you will know real fear in the now unless you are doing the thorazine shuffle.
Can a buddist monk attain the apex and is the wealthy man governed by fear? T assume the apex you describe is the peak of maslows pyramid I think it is important to remember that maslow has presented some truths of human behavior but not THE truth. If we are going to determine if a wealthy man is governed by fear we will have to agree on what is wealth and specify the fear.
You reminded me! My dad fed
You reminded me! My dad fed the angus on something called "silage" in the winter.
He had two "blue glass silos", and boy - did that stuff stink - I think it was fermented pasturage.
I have funny memories of him squatting down in the field to check the mixtures of grass he had planted, and almost getting bowled over by the angus cows, who would charge anything low to the ground.
looking for $18.95 CEF.A
By next week, my boring REITs and utilities will have thrown off enough divies so that I can buy another 100 CEF.A at 18.95
Come on down g&s
http://www.centralfund.com/Nav%20Form.htm
IVARS Euro chart
is pretty incredible
Would things be better under Romney
I think (and hope I am not right) we are beyond the tipping point so that the next president will not be able to save the nation unless he was truly a messiah.
However, I do believe that Romney is a significantly better choice than Obama. Far from what I would like but still far from being an Obama. A few reasons:
Judicial appointments. The next president will likely appoint at least 2 Supreme Court judges and many district and appeals court judges. While I don't think Romney will appoint the strict constructionists I would like to see, I do believe he will do better than Kagan and Sotmayor. Since these are life appointments, they are huge issues.
EPA. I believe Romney will get someone much better than Lisa Jackson to run the EPA. Someone that will scale back the crazy regulations.
Dept. of Justice. I think Romney will do much better at picking an Attorney General than Holder. I don't see how he could do any worse. An AG that would just stop suing the states would be a big improvement.
No, Romney will not fight to end the Patriot Act or a ton of other stuff that needs to be done. And without 60 Jim Demits and Rand Pauls in the Senate and a majority of similar minded house members there are limits to what any President could do.
Two other things do give me some hope. In March I saw an interview with Ann Romney where she indicated she asked Mitt if he was sure he wanted to do this. She said he said yes and she said she asked him is there time? He said time was running short but he thought there was still time. The stupid reporter did not follow up with the obvious question - time for what? The way I read it is that Ann and Mitt have had the same conversation I've had with people about the cliff we are going over.
The second thing is a conversation that I heard about where Romney told a supporter that he planned major cuts including whole departments. This was not recorded so there is no way to verify it. But I understand (don't agree with) the political implications if he said this publicly.
There is a difference. Not just in this race but others. Primaries are very important to get the insiders and establishment candidates out. I refuse to just throw up my hands and only hunker down for the crunch. I'll be ready for the crunch, if and when it comes, but I will not set on my ass at election time before it happens and let the worse candidates get elected without at least voting for someone else.
@wonderer - silage
Silage is generally chopped up corn (the entire corn plant, not just the ear) stored in a silo where it ferments. Haylage is what we always called chopped up alfalfa/grass stored in a silo (or giant plastic bag). I grew up on a farm so I'm familiar with all those terms. The guy we buy our beef from has only Angus cattle and they are always grass fed. They spend all spring/summer/fall in the pastures eating nothing but grass. In the winter he feeds them round bales of hay as well as keeping them in some of the pastures just for the space. The last 2 steers he sold weighed in around 1400 lbs live weight. I can't recall the exact weights but that meat is so nice and lean.. .tastes so much better than corn fed feedlot cattle.
Anyway, that's my 2 cents on the whole meat debate.
www.grandich.com
linked to an excellent pdf (120 pages)
no I didn't read the whole thing, yet, but what I have read is well worth the time.
Titled: In Gold We Trust
highly recommended for those who may occasionally question their own sanity when buying the precious ... myself included.
> i haven't been everywhere, but ... i wazere
canoes
They start at around $400 new -those real thin skinned, rot-in-the-sun production models - but I would go used at better quality and much better dollar for value.
The best things in life are free. After you buy your canoe.
Thanks for being there for us (still).
Galearis
P.S. http://kingworldnews.com/kingworldnews/Broadcast/Entries/2012/7/10_Micha...
@keg re would things be better under Romney....
Just wanted to touch on a couple things you mentioned.
Judges, Romney appointed liberal judges 75% of the time in MA as Gov. So I wouldn't hold my breath thinking he'll change that stance if he wins.
EPA - anyone could run that place better than the dingbat in there already.. but Romney is a Cap and Trade advocate. So don't hold your breath there either.
DOJ - not sure who Romney would put in as AG but agreed it would have to be better than Holder.
Also, when it comes to cut, don't expect anything big. Romney declared after the Texas primary that he would not cut substantially in his first year until the economy was ramping up. We all know that's not going to happen any time soon. So by default he'll be running as big of deficits as Obama is right now, if not bigger. He even made some crack about not doing something crazy like cutting 1 trillion from the budget first year (a shot at Ron Paul).
Unfortunately, we are out of time. If we don't make massive spending cuts within the next year or 2, the economy will collapse. The math on that isn't too hard to figure out. We've already been downgraded on our credit rating. So putting Romney in office isn't going to do anything more than what Obama (and Bush before him) have done. Romney would be Bush's 4th term (Obama being the 3rd). The problem with having Romney in there is he'll have a willing GOP Congress (I'm pretty sure the GOP will take control in the Senate this time around) to go along with him.. and most of them are just big spending war mongers. Which is why I would argue he is the greater of 2 evils, not lesser. He will be unchallenged in passing whatever idiotic bills he wants. Listen to him on Obamacare "repeal and replace" is all he ever says.. but replace it with what? He wants the mandate (he didn't veto that in Romneycare), he wants pre-existing conditions covered, he wants no caps on policies ... those things will bankrupt the private sector insurance companies. Romney is nothing more than the white version of Obama. Not to mention that Romney wants us to go to war with Iran over their supposed nuke program. I don't think obama has the guts to invade Iran.. Romney would have no reservations whatsoever about it.
Canoe? Try a Gheenoe instead...
This is what works for us down here in the south.
http://gheenoe.net/
DaddyO
The Paleolithic Diet
is what some of you have been describing to a degree. Eat what we (and animals) are designed/evolved to eat. The "Paleo" Diet changed my life, no joke. Lost weight, more energy, sharper mind, better more stable moods, pain-free, stronger, diminished symptoms of a hereditary condition, etc.
The book I read is by Dr. Loren Cordain and can be found at this website http://thepaleodiet.com/
Please look into it. Here a snippet from the FAQ's http://thepaleodiet.com/faq#basics
With readily available modern foods, The Paleo Diet mimics the types of foods every single person on the planet ate prior to the Agricultural Revolution (a mere 500 generations ago). These foods (fresh fruits, vegetables, lean meats, and seafood) are high in the beneficial nutrients (soluble fiber, antioxidant vitamins, phytochemicals, omega-3 and monounsaturated fats, and low-glycemic carbohydrates) that promote good health and are low in the foods and nutrients (refined sugars and grains, saturated and trans fats, salt, high-glycemic carbohydrates, and processed foods) that frequently may cause weight gain, cardiovascular disease, diabetes, and numerous other health problems. The Paleo Diet encourages dieters to replace dairy and grain products with fresh fruits and vegetables — foods that are more nutritious than whole grains or dairy products.
The Paleo Diet is the unique diet to which our species is genetically adapted. This program of eating was not designed by diet doctors, faddists, or nutritionists, but rather by Mother Nature’s wisdom acting through evolution and natural selection. The Paleo Diet is based upon extensive scientific research examining the types and quantities of foods our hunter-gatherer ancestors ate. This nutritional plan is totally unlike those irresponsible, low-carbohydrate, high-fat, fad diets that allow unlimited consumption of artery-clogging cheeses, bacon, butter, and fatty meats. Rather, the foundation of The Paleo Diet is lean meat, seafood, and unlimited consumption of fresh fruits and veggies.
Tearing down what you can't measure up to...
http://www.zerohedge.com/news/guest-post-collectivist-war-against-cultural-heritage
"A distaste or hatred of heritage is very common at the onset of any collectivist restructuring. These restructurings usually target principles of individual liberty and self governance while masquerading as a fight against oppression or corruption. The old principles are either presented as too outdated and insufficient to deal with the new problems of a culture, or, they are presented as the actual SOURCE of the problems of that culture. In either case, the elites wielding the collectivist machine inevitably call for a purge of all bygone ideals...
If attacks on foundational heritage are a warning sign of centralized oligarchy and collectivism as this article outlines, then America is in imminent peril. These changes never go quietly, and are invariably surrounded by economic depression, collapse, war, and death. From the ashes of confusion and decay inspired by collectivists, the next elitist experiment is born. The mad science of the Futurists must not be allowed to prevail here…"
Well here is a depressing thought...
If, as many of us believe, there is no practical difference between Romney and Obama as far as the economy goes, I could, if I were so inclined, argue as follows...
Since the economy is going to collapse no matter who gets elected (Unless it is Ron Paul-my real favorite) then I prefer a collapsing future with a little less war--which suggests I should vote for Obama.
I think I may barf as if I punch the O chad. What a dilemma! My heart says I should write in Ron Paul.
Thanks for your input! My dad
Thanks for your input! My dad called it silage back in the 50s, but it was what you call "haylage", because we did not grow any corn back then.
We had about 300 acres on the main farm, for the herd of angus, and then there were other plots nearby where he grew the green stuff for the silos.
edit: at least I am pretty sure that's how he did it. I am 69 now, and am going from childhood memory. He had a main business, and this was his "hobby" farm.
We also raised sheep. I loved lambing time.
Mick and Keith
Do you think some of the wealthier folks are going to have to take a more modest way of earning a living in future?
Hard questions...none of us are answering
Larry raises some good points regarding the gold @ $5000/oz plus scenario (insert arbitrary value here).
At these levels I think the world will be a very different (and probably very scary) place. I don't think it would be a terribly smart move to have all your capital invested in bullion at that stage no matter what the original purchase cost.
The smart stacker would have already moved onto investing in other things of value to insure themselves and spread risk.
The question is...what?
Something which is difficult to trace or tax....so that rules out illiquid assets such as real estate
Something which has always been valued and upheld....and will always be valued and upheld, regardless of societal disintegration and conflict
Everyday things for barter always have the storage issue to contend with. So yes, standard barter items are useful, but you can't take them with you in bulk if you have to up and leave in a hurry.
My answer, for what its worth is....
skills and knowledge.
How many of us here know how to
-spin wool
-make shoes
-make weapons
-grow and preserve food long term
-grow animals and slaughter them correctly
-have engineering skills of a level to design Doc's water wheel...
The list goes on.
These things take TIME (can you put a price on TIME with a gold bar?) and someone to TEACH you (again...will teachers be easy to find post SHTF?)
Something to consider for the stackers who are just stacking..and not thinking further than that.
US Dollar
I would love to see a chart of the US Dollar with all the Treasury auction dates noted. I think there is a strong correlation between spikes higher in the dollar (like yesterday and today) and treasury auctions.
anyone?