Definition of Opinion:  A belief or conclusion held with confidence but not substantiated by positive knowledge or proof.

Please be respectful to others with differing opinions. 

Frank Wiley

Brad and Les, good advice and I concur!.  Brad, what do you think about platinum?  My precious metals guy talked me into some of that.

Lester Cox

For you Glen Campbell and music lovers in general, need to send you this link. Great hour and a half of stars, all of whom you'll know. https://youtu.be/1gZDI2KF4sc?si=8_tvNYx9dbEBsPaL Who in the video did you like the very best? 

Lester Cox

FYI to all interested in precious metals: Apmex.com has what looks like some good deals going on. Like a 100 oz silver bar for $3712.00. That's only $19 over spot. Also, a Krugerrand for $3382 which is only $40 over spot. Still looking for more Roosevelt dimes. I have bought many times from Apmex.com. They are solid. Also have used moneymetals.com in the past, also a good vendor. 

DeWitt Bacon

Lester, with an all-star cast like that, some of whom are no longer with us, you want to know my favorite? ALL OF THE ABOVE!

Brad Musil

Frank & Lester;

I don't believe there is anything WRONG with patinum, particularly as it has industrial uses as does silver; however, I believe there is much more 'upside' to silver.  You certainly won't get hurt holding it.

Lester, according to my precious metals broker 100 oz silver bars are a 'dog'. Few people want them and in tough times they are hard to fractionalize... that is why you are hording those pre 1984 dimes.  You would be far better off to exchange those 100 oz bars. My dealer says she would discount any purchase of 100 oz silver bars as the public just doesn't want them, and she would just end up selling it to a refiner.  Currently ten 10oz silver bars are the identical price as a 100 oz. silver bar (including the premium).

Now as for 'rands' or for that matter ANY other foreign coins, know this: they would be immediatlley subject to confiscation should that event ever materialize, and they are subject to 'reporting', whereas transactions in USA issued coins are not (up to 100 oz.) and theoretically, USA minted coins are considered 'numismatic' according to the 1984 Coinage act signed by Regan, and thus exempt from confiscation. Admittadly, you will pay a premium for ANY USA minted coin (currently); however, there is that protection in theroy to consider.  I have owned rands, and I especially was fond of Maples because they are 100% pure gold, no alloys of any kind; however, once I learned of the reporting requirements, now I'm all about USA minted.

That said: reporting requirements can and do change, so just be aware of the nuances and trade accoriingly.  Hope that helps...

MyBest... Brad

Brad Musil

Frank & Lester;

I don't believe there is anything WRONG with patinum, particularly as it has industrial uses as does silver; however, I believe there is much more 'upside' to silver.  You certainly won't get hurt holding it.

Lester, according to my precious metals broker 100 oz silver bars are a 'dog'. Few people want them and in tough times they are hard to fractionalize... that is why you are hording those pre 1984 dimes.  You would be far better off to exchange those 100 oz bars. My dealer says she would discount any purchase of 100 oz silver bars as the public just doesn't want them, and she would just end up selling it to a refiner.  Currently ten 10oz silver bars are the identical price as a 100 oz. silver bar (including the premium).

Now as for 'rands' or for that matter ANY other foreign coins, know this: they would be immediatlley subject to confiscation should that event ever materialize, and they are subject to 'reporting', whereas transactions in USA issued coins are not (up to 100 oz.) and theoretically, USA minted coins are considered 'numismatic' according to the 1984 Coinage act signed by Regan, and thus exempt from confiscation. Admittadly, you will pay a premium for ANY USA minted coin (currently); however, there is that protection in theroy to consider.  I have owned rands, and I especially was fond of Maples because they are 100% pure gold, no alloys of any kind; however, once I learned of the reporting requirements, now I'm all about USA minted.

That said: reporting requirements can and do change, so just be aware of the nuances and trade accoriingly.  Hope that helps...

MyBest... Brad

Lester Cox

Brad, I agree with you and what I am most interested in are small denomination coins, whether silver or gold. It's why I like the Roosevelt dimes, each is worth about $2.65 in silver today. If the collapse comes, I can at least give a grocery store a couple dimes for a loaf of bread or ??. Hard to shave $5 off a silver coin or silver bar of any size. However, you want to hold a lot of silver in anticipation of it being used industrially, a 100oz bar might be a fit. But I think your resale will be to an industrial user or you hold. I've just ordered more dimes thanks to your waking me back up. Thanks Brad. 

DeWitt, George Lindsay was a stitch on that video, but I agree, all of the above. Waylon was one of my personal favorites. He's buried in the Mesa City Cemetery and if you go to his grave, there are normally a few empty beer cans where fans have gone and had one with Waylon. 

Michael Kelly

I know nothing more or less about buying Gold or Silver. I have a friend who buys old Cellphones and retrieves the precious metals from the insides. Apparently they have some value. 

The talk about a coming Apocolyptic event which would necessarily devalue our Currency and wreak havoc on the value of metal vs. value of Food is a Reminder to me of a Movie called "The Book of Eli" which featured Denzel Washington, and was set in a post Apocolyptic Age when Barter becomes the predominant Form of Exchange. 

With what has  just happened in Texas, with Flooding of the Guadulupe River, a Wall of Water the Size of 26 Feet High over a period of 3 hours, which a News Commentator saiys compares in Volume to the amount of water going over Niagara Falls in 24 hours, and the relative Speed with which it occurred at approximately 3 AM in the Morning, speaks to the Wisdom in accumulation of Gold and Silver, aloing with a Flotation Device to keep it together, and water wings for me.

Approximately six months ago, I amd my brother were triavelling north on 1-14 above Rosamond, CA. and as we were going underneath a road that crosses I-14 at the overpass, almost parallel to us on the Southbound side of I-14 a Tractor/Trailer Rig was picked up by a wind gust, and tossed into the Center Devider area of the Highway like it was a paper glider, it landed on its side, and we stopped to see if we could be of help. The Driver anazingly exited from the window on the Driver's Side of the Tractor's CAb, and walked a little distance away and then took out his Cellphone and started to make a Call. We called it in on 911 and the operator got the location and said 6 others had already called in the Accident. 

What I am trying to say is, no matter what may happen, you still must make sure you properly Pack your Parachute.

Brad Musil

What you are referring to Lester is called (in the infustry) 'Junk SIlver'.  The Coinage Act of 1965 (what a coincidense) removed silver from dimes, quarters, half-dollars and dollars.  There was 35% silver in nickles produced during WWII from 1942-1945, only because nickle ws in such high demand for the was effort. Otherwise, no silver nickles.  IF (<<< BIG 'if') society ever devolves to the 'barter system' as referenced by Mr. Kelly, then you will be damn glad you had the foresight to collect those dimes. BTW, for the record, I was incorrect when I stated pre 1984... it was 1965 (how could I forget that!).  Those pre 1965 coins contained 90% silver and will become very instrumental in bartering owing to their convenient amount of silver value.

On that note: I would highly encourage EVERYONE to start collecting Silver & Gold.  The very BEST place to start is collecting junk silver as Lester has done (see mr. Kelly's post as well).  But don't just limit yourself to dimes... get quarters, halves and dollars as well.  It won't hurt to have that variety available if the manue hits the ventilator.

Here is something from Ray Dalio, just incase you don't believe me.  Who is Ray Dalio?

Raymond Thomas Dalio is a billionaire hedge fund manager and the founder of Bridgewater Associates, which some consider the most successful hedge fund in history. Dalio has been Bridgewater's co-chief investment officer since 1985. He's known for popularizing investment practices like risk parity and global inflation-indexed bond management, and his innovations have influenced how global institutions approach investing. 

EVERYONE WILL BE WIPED OUT IN 30 DAYS – RAY DALIO’S URGENT GLOBAL ECONOMIC WARNING

MyBest... Brad

Jim Coats

Maybe discuss  precious metals on the Message Center instead of here.  Just a thought.

Michael Kelly

Musil  That last Sentence in Blue was probably as close to a Punch to the Guts by a 19 year old Mike Tyson as I want to withstand. That Dallo guy sounds like he knows what is happening. Is Dallo saying our Currency is headed for a very large Crash. 

Ive been in the habit of saving coins in a very large Jar with the idea of sorting throug them to find those of Value. I believe I can find relative Values through some Mismatic Publications. Is Mr. Dallo's warning one that is based upon once predominant Factor, or is a General Survey of a wide spectrum of different Facts that altogether amount to a disaster in the making. 

See you who are going to attend at the Beer Summit Thursday Night. 

Brad Musil

Mr. Kelly, Dalio's video came online in the last 10 days... YES... that is what he is saying.  Now WILL it happen in the next 30 days... I wouldn't bet a lot of money on it.  The dollar is stronger than you might think.  Kinda like the cleanest dirt shirt in the laundry compared to all the other fiat currencies.

Don't know how long you have been collecting coins, but I'd be willing to bet you won't find five dollars worth (face value). The Fed has pulled them long ago.

Look forward to shaking your hand this Thursday.  Have a safe drive over.

MyBest... Brad

Lester Cox

Brad and all, wish I could make this coming beer summit, but I am trapped at our home in Show Low with temperatures about 30 degrees below the Phoenix heat. I look forward to meeting you all soon, and Brad, I want to pick your brain a bit on Costa Rica. I've been there twice, Should have invested heavily on my first trip in the mid 1990's. Planning to go back in the next year. 

Michael Kelly

Lester  Costa Rica was a place a Sargent that was with us in the US Army in Okinawa in 68-69 kept talking about because he was close to retiring after 30 years in the Arny. Sgt. LeBeaumont was a well educated man, and he told us about the advantages of Costa Rica. Sounded like a great place, and he had already bought a House there. Worth checking out.

I am officially fully supporting Donald J. Trump because he has realized that Putin is a Con Man and has committed to supplying Ukraine with defensive Weapons. I am not waiting for a Phone Call however.

See U All this evening, if the Creek don't rise

Jim Coats

BEER SUMMIT tomorrow evening, Lefty.

Frank Wiley

I was thinking about Grade School at Madison #2.  When I was about 9 or 10 we had a classmate who stricken with cancer.  His name was Terry Reynolds.  He lived two streets from me on Monticito between Cristea and Shaughnessy and  we always (I guess at that time we said) played together.  They had to take his leg!!  Terry never gave up but about a year later he and his Doctors lost the fight.  The rest of the story is that after Terry lost his leg, he still wanted to play Little League.  Our Little League made accommodations so that he could be a batter without having to run if he hit the ball and playing first base with compensation for his limited range.  Terry was and is always an inspiration to me!!

Frank Wiley

Come on Les, I'm driving 8 hours to get to the Beer Summit.  But I'm not coming for the Beer.  We will be doing one in Oct/Nov so we will just have to wait to see you!  

Frank Wiley

Sorry, but I'm on a roll.  You may have heard of the I.C.E. Raids in McCarther Park.  I've always enjoyed the song McArthur Park but never knew it was in L.A..  It might be worth a listen?

Michael Wetzel

Guys, my Wife and I will both be attending the Summit tomorrow, bring your brides...........

Jim Coats

I have tried to stay away from posting the following "types" of opinions, but here I go:

The slavering left have taken up a new "song" and that is to Unmask ICE, ATF, FBI, etc. so that the perpetrators of crimes can tell that they are NOT being kidnapped.

Does anybody else see how ignorant that is?  The "officers" conducting arrests wear multiple patches stating who they are.  ICE, FBI, ATF, etc.  But the left wants them unmasked which seems to mean that if they see the face of the "officer" they have never met, they will know what agency they represent and that the arrest is legitimate.  Everything will be ok then, right?

HOW IGNORANT does the left think "we" are?  They want the "officers" unmasked so they can DOX them and rain terror on the officers and their families.  Does that strike you as "inappropriate?" (mild understatement)

We, The People have to bring an end to this terror practice.

AMERICA FIRST!!

Michael Wetzel

Jim, I whole heartedly concur.........

Lester Cox

Jim, totally agree with you. My limited opinion is;

Since sometime after the election of Barack Obama, the political and cultural divide in this country hasn’t just grown—it’s exploded. We no longer debate. We no longer compromise. There’s no middle ground. Both political parties have played their role in this mess, but today, the left seems to have veered completely off the rails.

We’ve watched as they ignored the obvious—claiming the border was secure while thousands crossed it daily. They defended Joe Biden’s cognitive abilities for four years, even as the evidence to the contrary piled up. They spent trillions on pet projects, driving inflation through the roof, all while telling Americans the economy was “strong.” They demonized fossil fuels and pushed everyone toward electric vehicles with zero foresight about how we’d power them.

Perhaps most frightening, they refuse to deal with the criminals they’ve let in. They oppose virtually every measure to clean up our streets. I wonder—if one of their own daughters or granddaughters were brutally raped or murdered by one of these criminals—would they still oppose deportation? Would they still preach compassion over accountability?

There is no common sense left. Many on the left seem infected with a kind of derangement—Trump Derangement Syndrome (TDS). And frankly, it should be classified as a mental illness. So many people hate Trump, yet they can’t even explain why—only that they've been told to.

This feels disturbingly close to what Nikita Khrushchev warned us about. He said:

“We cannot expect the Americans to jump from capitalism to communism, but we can assist their elected leaders in giving Americans small doses of socialism, until they suddenly awake to find they have communism.”

They’ve taken over our schools and started planting the seeds early. Just like in parts of the world where toddlers are taught to chant “Death to America,” our children here are being indoctrinated—only the slogans are masked as “equity,” “inclusion,” and “climate justice.”

It’s happening right in front of us. And the silence—or worse, the complicity—from so many is deafening.

Michael Wetzel

Lester, excelllent #15252........You big Wussy !.............

Frank Wiley

Good job Jim and Les!  This craziness goes back to the sixties.  A lot of the radicals from then are now Grandparents.  Their kids were raised in an undisciplined way and now those kids are parents and have raised these anarchists the same way.  Anything goes!!

Bill RIHS

Les and Jim, right on. The left are the enemy of America.