Silver Confiscation By The End of Summer

Discussion in 'Money, Investing & Precious Metals' started by wallstwench, Apr 7, 2011.

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  1. Apr 7, 2011 #1
    wallstwench

    wallstwench Active Member

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    I posted an article recently from a blog that stated that silver was somehow directly correlated with large sell offs in the S&P. So I started looking into it. Given all merger mania we are seeing on the Street and massive companies consolidating, it occurred to me to look at a new "rebalancing" that took place a few days before this guy's piece. Sure enough, there was a new top weighted name I had never heard of. Once I dissected the businesses that this stock owned, one of them was biotech company. One that specializes in "Colloidal Silver Therapy." I only know of this therapy through my prepping and preparing for our financial tsunami that I thought would have occurred by now, but the real tsunami in Japan actually slowed down our impending doom. We will get a bunch of contracts to go in and rebuild Japan and that will keep us a float a little longer. Weird how Japan, one of our few allies, refuses to let us in to help contain the radiation leaks they are so ill equipped to handle alone, but who could blame them. I'm sure that was a manmade earthquake we inflicted on our dear friends for a good old mighty buck. Who knows. Maybe Japan hinted they were going to need to start selling some of their US Tresuries, since they are the 3rd largest holder of our disgraceful debt. Anyway, colloidal silver therapy is used as a natural antibiotic, and I actually purchased the generator to produce the wonder product myself in case disease becomes rampant in the future, and medicine becomes scarce. After I ordered it from a company in London, I received an email from the company saying they were severely behind on delivery due to an anti colloidal therapy law that had passed, which drove their demand through the roof. I waited patiently and I have it now, but I just thought it was odd.

    Now don't ask me how I stumbled across this article, but it sure is eery, especially since I have been arguing with a friend of mine for months now that Ron Paul is a front man for the other side. This is an author predicting future headlines for August this year.

    Google Future - The Ron Paul Presidency

    Front Page News
    Awful Articles
    Google Future - The Ron Paul Presidency
    Monday, August 6, 2007 Update by Zack "Geist Editor" Parsons





    US to Sell Atomic Stockpile
    Ron Paul Political Report - August 4th, 2011
    By DR. RON PAUL Citing market forces as "a more powerful deterrent than mutually assured destruction" President Dr. Paul announced a bold plan to sell off more than 600 Minuteman and Trident nuclear missiles on the open market.
    UN Condemns US Gold Bars for Nukes Agreements BBC News
    South Africa to Purchase 278 ICBMs from US Stockpile Johannesburg Today
    New York Times - The Southern Gentleman - Al Qaedistan Herald - Foxwire
    all 2,433 news articles
    LiberTeen Beat
    Colloidal Silver Approved for Cancer Treatment
    New Hampshire Patriot - August 4th, 2011
    By L. Rockwell Embattled private food and drug certification company DrugSafe Pro has approved the sale of Colloidal Silver as an alternative to chemotherapy, radiotherapy, and surgery for treating cancer.
    Cancer Patients Happy, Blue Over Colloidal Silver Michigan Militia Bulletin
    DrugSafe Pro Receives Lucrative Colloidal Silver Review Contract AP
    Libertarian Medicine Journal - The Lying Doctor - Silver Safe - Foxwire
    all 824 news articles
    Constitution Mania
    Supreme Court May See First "Online Justice"
    Wall Street Journal - August 3rd, 2011
    By Philip Castle A White House official has indicated that President Paul may seek a replacement for retiring Supreme Court Justice John Paul Stevens on the Internet, tapping online law school graduate and 7th District Justice Alabaster Hickory for the soon to be vacated seat.
    SCOTUS Hopeful Authored Texas Law Banning Air in Mexicans BBC News
    Skyrocketing Demand Safeguards Fees for Nation's 68 Million Lawyers AP
    Internet Law Review - The Holy Constitution - Free Market Times - Foxwire
    all 906 news articles
    Don's Fun Photos
    Death Toll Mounts in Tainted Kool-Aid Disaster
    Impotent Outrage Today - August 2nd, 2011
    By DAVE BROWN Another 73 people succumbed this week to the tainted Chinese Kool-Aid certified as "Gold Standard Safe" by DrugSafe Pro, bringing the death toll to date to 6,403.
    Deadly Kool-Aid Found to Contain Skulls, Radiation New York Times
    Hundreds of Lawyers to Represent Victims in Class-Action Suit USA Today
    Ambulance Chaser Bulletin - Libertarian Medicine Journal - Foxwire
    all 4,004 news articles
    The Paulice Log
    Dept. of Education Loses to Dept. of Vouchers
    LA Times - August 1st, 2011
    By Dana Jennings The Libertarian controlled Congress voted overwhelmingly to approve the Paul White House's plan to replace the Department of Education with a new department that will oversee the distribution of education vouchers for private schools.
    Mississippi: Bible in Select Schools, Firebombs in Select Churches AP
    Wal*Mart to Offer Low-Income Schools in 48 Stores by October USA Today
    Biology is a Lie - Science is a Lie - The Lies of Math - Foxwire
    all 204 news articles
    AP
    Make Way for Private Charities
    Ron Paul Political Report - August 1st, 2011
    By DR. RON PAUL Church groups, shelters, soup kitchens and various other private charities are eagerly gearing up to assist more than 55 million Americans as Social Security benefits are due to sunset on August 15th.
    First-Responders to Require Citizenship Exam Before Giving Aid Invaders
    Nation's Supply of Boot-Straps Dangerously Depleted American Dream
    AAAAARP! - White & Lovin' It - Platinum Spoon - Foxwire
    all 7,564 news articles
    Foxwire
    Art Bell to Step Down
    Foxwire - August 1st, 2011
    By Lincoln Douglas Beloved White House Press Secretary Art Bell was nicknamed "That UFO Guy" by the White House Press Corps, but a growing scandal involving Bell's wife-buying in the Philippines has distracted from his job and prompted his resignation.
    Cambodia Opens to Labor Exports, Saipan Labor Market Collapses UPI
    Coca-Cola Signs $200M Deal with Gazprom for Somali Bottling Security AP
    Cryptozoo Quarterly - World Net Daily - Silver Safe - Foxwire
    all 1,988 news articles


    Drinking tainted Kool-Aid is one way to guess at what the man behind the curtain is up to. I think it will be a US nuclear attack because of us butting our noses in the Lybia turmoil, or we will have our own earthquake either in the midwest, or Canada. Whatever it will take to get the market to sell off prior to May Silver Futures expiration. Drive the market down, drive the price down and then they will have time to get their hands on physical before the next big expiration. We may not suffer immediately, because they will lie and tell us everything is contained, and it may be the case. What they won't tell us is that our very basic necessity of life will be tainted with radiation, our water supply. Once masses start dying from that in Japan and here, or China, or Canada, that will be when they confiscate our silver. They will say it will be to treat cancer and radiation sickness, and maybe they will actually put it to SOME good use. However, that will be when you see triple digit silver prices that we won't be able to participate in unless we have some well buried in a cave or tunnel without any paper purchases showing ownership.

    I haven't quite decided what the full game plan should be just yet. I should have a rough outline in a few days, but then when I do, it will be precise moments in which to act after that.

    I will be looking into getting myself a license to buy and sell gold in the meantime. We could even start a "Cash For Silver" LLC, with friends, family, neighbors, or anyone on here. This way we are covered if they try and say we weren't licensed to buy or sell, or if they drive the price down or confiscate it, we all get a nice write off.

    My initial thought was to ride the wave being long silver and sell prior to expiration, then buy it back in the event of some catastrophe. This of course is ONLY if the futures holders don't look to be rolling (meaning they would be holding out for more physical then any other expiration in history.) Then I thought, why buy it back if they will just confiscate it? However, there was an exception in 1933 for coins that were collector's items. Maybe that's the real play then? Snatch up as many of those at the best value you can now. Either that, or it will be time to start buying copper.

    Would love some feedback.
     
    wallstwench, Apr 7, 2011
    wallstwench, Apr 7, 2011
  3. Apr 7, 2011 #2
    Immolatus

    Immolatus Just getting started. Always.

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    Buy it. Hide it.
    Or only buy coins, but that can get kinda pricey.Our local store (which apparently is one of the top 3 dealers in the nation) charge more for smaller denominations.
     
    Immolatus, Apr 7, 2011
    Immolatus, Apr 7, 2011

  5. Apr 8, 2011 #3
    BillM

    BillM BillM

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    1933

    The goverment did attempt to conficate all the gold in 1933 but they were wildly unsucessful. People just plain did not turn it in. The reason pre-1933 coins were exempted was because the numistic value had to be determined by an expert and it was just to complicated for the goverment to value each coin individually.Buy your silver and Gold and hide it if the goverment wants it back. As for collide Silver, it is only good as a topical antibiotic. It dosen't realy work internally.
     
    BillM, Apr 8, 2011
    BillM, Apr 8, 2011
  6. Apr 8, 2011 #4
    goshengirl

    goshengirl Supporting Member

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    I gave all my silver away. Honest. :cool:
     
    goshengirl, Apr 8, 2011
    goshengirl, Apr 8, 2011
  7. Apr 8, 2011 #5
    goshengirl

    goshengirl Supporting Member

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    wallstwench, I appreciate your posts and the information you bring to this forum. Unfortunately, I have nothing to add. I do think the government would confiscate precious metals. And while I don't think they're efficient (in response to BillM), I do think they're determined to get what they think is theirs. And they think everything of ours is theirs. Government is the epitome of the entitlement mentality. Just seeing the behavior/mindset of the IRS agent who is auditing my 81 year old senile father regarding income he never had has been an eye-opening experience...

    Keep the info coming. And thank you!
     
    goshengirl, Apr 8, 2011
    goshengirl, Apr 8, 2011
  8. Apr 8, 2011 #6
    Immolatus

    Immolatus Just getting started. Always.

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    Yes, thank you wallst.
    I would like to hear your take on the recent events in Utah, and proposed bills in the other states. I cant believe my post got no comments. ?
    I think the fact that a (and many others are proposing) state has openly said they have no faith in the dollar is a huge story, and would pique a lot of interest on this forum. Its one thing for the tin hat crowd to be saying it, but for a state? The story got no mainstream coverage. If you google it, you only find it on pm bugs and the like sites.
    I found this on Forbes, and its only a commentary.
     
    Immolatus, Apr 8, 2011
    Immolatus, Apr 8, 2011
  9. Apr 8, 2011 #7
    goshengirl

    goshengirl Supporting Member

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    Immolatus, I read your post on that and wanted to comment because of the significance of it, but didn't know what to say. Sometimes my head just hurts from it all, know what I mean? I'm glad you posted about that, too.

    Sometimes I really want to stick my head back in the sand....
     
    goshengirl, Apr 8, 2011
    goshengirl, Apr 8, 2011
  10. Apr 9, 2011 #8
    IrritatedWithUS

    IrritatedWithUS Well-Known Member

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    too bad i sold all my silver and gold to a fellow that i striked a conversation with in a parking lot in front of a coin store.....honest....:2thumb:
     
    IrritatedWithUS, Apr 9, 2011
    IrritatedWithUS, Apr 9, 2011
  11. Apr 11, 2011 #9
    Woody

    Woody Woodchuck

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    You guys are lucky, I didn’t even get a chance to sell mine. I took it out fishing with me and it fell overboard. Come to think of it, it was right about the same spot as all my guns fell overboard too. I’m pretty clumsy.
     
    Woody, Apr 11, 2011
    Woody, Apr 11, 2011
  12. Apr 11, 2011 #10
    MrSfstk8d

    MrSfstk8d Well-Known Member

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    Well, these things will happen, Woody. Maybe some helpful people from the National People's Safety Commune will put a stop to these senseless boating accidents soon, lol.
     
    MrSfstk8d, Apr 11, 2011
    MrSfstk8d, Apr 11, 2011
  13. Dec 28, 2012 #11
    BlueZ

    BlueZ Well-Known Member

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    How does one trade ones silver coins back in for money if there is not large coin shop nearby?

    : )
     
    BlueZ, Dec 28, 2012
    BlueZ, Dec 28, 2012
  14. Dec 28, 2012 #12
    Immolatus

    Immolatus Just getting started. Always.

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    Fortunately for you, there is one nearby...

    :)
     
    Immolatus, Dec 28, 2012
    Immolatus, Dec 28, 2012
  15. Dec 28, 2012 #13
    BlueZ

    BlueZ Well-Known Member

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    You run a numismatic shop?:)
     
    BlueZ, Dec 28, 2012
    BlueZ, Dec 28, 2012
  16. Dec 28, 2012 #14
    CulexPipiens

    CulexPipiens Still waiting for the zombies.

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    1) Ebay.

    2) Post and see if any fellow forum members are nearby and interested in buying them.

    3) If you deal with small businesses, perhaps one or more would be willing to trade goods/services for silver.

    Of course it depends on how much you're looking to trade back in for printed paper. ;)
     
    CulexPipiens, Dec 28, 2012
    CulexPipiens, Dec 28, 2012
  17. Dec 28, 2012 #15
    BlueZ

    BlueZ Well-Known Member

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    In spring I will make my second largish purcahse of PM I want to make sure that if need be I can turn it around :)
     
    BlueZ, Dec 28, 2012
    BlueZ, Dec 28, 2012
  18. Dec 28, 2012 #16
    Immolatus

    Immolatus Just getting started. Always.

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    gaithersburg coin
     
    Immolatus, Dec 28, 2012
    Immolatus, Dec 28, 2012
  19. Dec 28, 2012 #17
    BlueZ

    BlueZ Well-Known Member

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    Somone offered me 40 Silver Eagles for one of my AR's ... so about 1300 dollars worth.
    I really needed 1500 out of it to make it worth my while since I have no urgent need to sell and the rfile <does. have the best upper to lower fit I ahve ever seen and it has a complete Daniel Defense upper. W/ the cold hammer forged barrel and the hard as nails chromed bolt.

    Now I am glad he didnt have those extra 7 coins since 1500 would be very much on the low end in value for that rifle now.

    But I dont wan tot get crazy eitehr and add that to my stahs w/o a good way of re liquifying it.

    I relaize there is a diffeerenc ebetween the buy and the sell positon.
    In 1 oz coins it seems like 2-2.5 over spot as aprice for a minted coin.
    How much usually below spot for a quality numismatic shop as thie r"buy" postion for a 1 oz silver eagle?
    Just a ballpark I just want to get an idea. :)
     
    BlueZ, Dec 28, 2012
    BlueZ, Dec 28, 2012
  20. Dec 28, 2012 #18
    labotomi

    labotomi Well-Known Member

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    You've made my loon list.
     
    labotomi, Dec 28, 2012
    labotomi, Dec 28, 2012
  21. Dec 28, 2012 #19
    Immolatus

    Immolatus Just getting started. Always.

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    blue- I'm pretty gburg coin pays spot.
    if you are still willing to make some kind of deal for that ar for silver let me know

    lab, she's long gone, and I kinda miss her
     
    Immolatus, Dec 28, 2012
    Immolatus, Dec 28, 2012
  22. Dec 28, 2012 #20
    BlueZ

    BlueZ Well-Known Member

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    Immol.:

    Its good to know about them paying spot for coins.
    I guess it makes sense since coins command a little bit of a premium on the consumer side and you get that back when selling back.

    I was thinking of putting 2 of my AR's up FS..

    Both of them are pretty nice AR's.
    I dont want to take advantage of people and I prefer making an AR owner out of someone without a modern rifle...

    But even then, I'd need something at least close to market price.
    In silver or otherwise..

    My gunsmtht says he gets a lot of calls looking for ARs.. I was toying with the idea of givng them to him in consigment, which would mean he would get full market price for me.

    I also have some extra MagPul 30rd Mags in unopened factory wrapper I would add if the deal is right.
    Also have quality Ammo (PPU 5.56 in 55gr and 62gr, PMC 5.56 mm XTac in 55gr and even Lake City XM855) by the caseload.

    I dont really need to sell any of it though as i came out of my divorce great and am not hurting for money, so I have no pressure on me to sell.

    And given that it will take a full year to restock gun stores, prices may go up even further even if the ban never comes.
    .. if it does, well current market prices will seem like a deal.

    but if someone in the community where interested and willing to pay something close to market value I might be game to sell one or 2 ARs .
    But market is pretty high for those firearms right now and i kinda like the idea of having "extras".
     
    BlueZ, Dec 28, 2012
    BlueZ, Dec 28, 2012
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