Recent Comments

I find it very interesting philosopher Peikoff being able to see "uncontrolled immigration" in Europe 50 years ago as very interesting. Me dino thinks I gradually became aware of the overall self-inflicted erosion of Europe over the last 15 years.
I've been encouraged by the way Trump has given the USA a patriotism shot in the arm. That has brightened my hope for this still barely a republic's future.
Just to today hear my most ardently conservative of brothers say, "When the Democrats take back over there will be hell to pay."
Also just yesterday, I heard Trump say the Democrat party has become our worst threat to the United States.
As for Horace Greeley 1865 saying "Go west, young man," that has by now been completely eroded by what has become of California.

Europe gets away with this because America has traditionally stepped up and made it right, no matter the cost. America is that student that knows the answer and is eager to show it in the classroom of the world. Where as Europe are the cool kids who haven't read the material, honestly do not even know what the question is; yet, expect to get the better grades because of who their daddy is.

Thank you, OUC. Enlightening and entertaining! 👍

Unfortunately, Europe’s continual demise is not new. This trend was recognized nearly fifty years ago by philosopher Leonard Peikoff in “The Ominous Parallels,” and how it will affect the United States, when he expressed:
“The American spirit has not yet been destroyed, but it cannot withstand this kind of undermining indefinitely. If the United States continues to go the way of all Europe, the people’s rebellion against the present intellectual leadership will be perverted, and rechanneled into an opposite course.”
Their cancerous collectivism has metastasized to America, primarily by the Democrats, leading to malignant welfare state policies. Without an uncompromising system that recognizes and protects individual rights, the European Union and its neighboring countries are in freefall, losing their sovereignty, freedoms, and autonomous identities. Their history, culture, and prosperity are eroding from uncontrolled immigration, weakened monetary exchanges, intransigent class systems, Chinese and Russian influence, internal political struggles, and the “home court advantage” of wealthy global elites.
The metaphorical direction of the journey needed for our self-preservation, and guiding the actions so essential for the survival of our great country, and universally, for Western Civilization, was best said by Horace Greeley in 1865: “Go west, young man.”

Thanks. I appreciate your candor.

If you hadn't heard of it, who will be willing to accept it in an emergency?
imo, for smaller value, useful for exchange in an emergency, you might consider silver instead.
If it has to be gold, then consider smaller coins that are well known, e.g., 1/10 oz coins or half sovereigns.
In a dire emergency situation I'd want to have something other than precious metals to trade, too.
For example, rounds of ammunition are inexpensive today, but could be invaluable in an emergency.
Just my opinion.

I'm holding my buy-in until at or near $50 silver and $4000 gold (physical only). Looking to the start of rally around June/July best guess. Patience is key.

To be honest I never heard of goldbacks until BornSovereign posted this article in the Gulch and I've been watching them every day since. At first they bumped up in value a bit, but then dropped about 10%. It looks like this article explains what is going on. I have in mind to buy some but haven't pulled the trigger yet. I'm glad I didn't right off, but I'll keep watching.

Ouch! Still way under 4 bucks here (Rochester, NY) as a couple of days ago it was $3.49 at one station. Could be higher today and I'll check when I go out later. The state of NY is the biggest profiteer via taxation on gasoline in these parts.

I'm heading to Phoenix in a couple of weeks and will be there about 3 weeks so I'll get to experience the higher gas prices with the rental car. I read somewhere Phoenix prices are high because it's gasoline is filtered through California.

This has interesting analysis of current gold price:
"The OPEC Selloff
As to last week’s paper gold fall, it rhymes a heck of a lot with its similar fall in 1983.

Then, as now, gold was falling due to a massive OPEC sell-off in the metal. But the trigger for the current OPEC sell-off in gold is being pulled for an entirely different reason than in 1983.

In 1983, for example, oil around the world was at a massive surplus. Its price was thus tanking. As a result, the OPEC nations needed immediate liquidity to meet their dollar pegs. So, what did they do?

They sold a lot of gold, and thus gold’s price fell dramatically.

But in the current chaos of yet another war in a key oil region, oil is not falling, it’s ripping north, with major banks predicting oil prices as potentially high as $180 a barrel.

Clearly, in such a setting, OPEC has no need for cash, right?

Wrong.

The Strait of Hormuz, where 1/5 of global oil moves, is literally clogged.

This means all that expensive oil can’t flow. And if it can’t flow, it can’t be sold. And if it can’t be sold, the OPEC players in that region can’t get paid. And if they can’t get paid, they need to sell assets from their piggy banks.

And that asset is gold. (Saudi’s gold piggy bank is around 300 tons. Qatar’s is over 100 tons.)

This makes our particular war uniquely hard on gold—but only for the near-term."
https://www.zerohedge.com/markets/gol...

Watching international markets here. I saw this upon awakening. The paper house is beginning to burn. Private equities and now, new hedge funds to short the market being offered. Look out kids.

Gas prices still lower than under Biden, but a good bit higher than the $3.50 in the picture. Around $4.50 where I live (Phoenix area).

Last night at about 3:16am EDT the paper silver price filled the gap falling to 61.23. Now printing at 70.42.
Since it was not during the open US market it may not appear on daily charts,
but it did fill the gap.

I am wondering why you choose to criticize . I don’t actually think it’s that funny. BTW Bolton has been a well known neocon for his entire career. Trump used him and let him go. He then turned on Trump? Or was he always a RINO. Keep your friends close and your enemy closer. We will see perhaps.

Yes, history in the making. All that seems to be left is the Iranian people to finally rise up and end this mess. A little more help from our "friends" in Europe would be nice, too.

Yes.. Buying out slave owners would have been expensive as the gov of England found -a far bigger problem in the South at that time.
If that number is too big, consider,
What was the cost of the civil war?

'Unsure..' The Bolton reference, it is very funny, why? For more than one reason.
This Bolton, when his name became big he was on the Trump team. Then he has some off-days, or months, and becomes a neo-con, a war hawk- all wars are good and if there are not many going on let us start some more, good for the economy- so they say.
Bombs are now dropping on Iran, Bolton is ecstatic, he just likes bombing. My reasons for agreeing- Hamas Hezbollah Houthi proxies, slaughter of protesters (30,000+), the frantic enrichment of uranium to weapons grade, and more, and, killing of 1,035 (my count) US government and military. Bolton, has different thinking.

'Unsure'- what makes that meme funny to you?
Same satisfaction that I get? Or making more fun of Bolton who deserves it? Or..?

While I am letting off steam, Obama tried bribery, Carter somehow ended with nuclear armed North Korea. Now, (for how long has it been?), the United States of America has leadership.

I think a lot of the Euro leaders, police, local politicians, etc...are under the thumb of radical Islam. Pretty clear to me, if you just look at England's recent history. Look at what's happened in Germany, France... I'm more in favor of us being isolationist, vs policing the world. We're broke. We've got some real domestic challenges that we're not properly addressing. I'm not surprised by any of these developments, really.

Ok I need to add the videos are by Laura Ronson and the bank leaving NYC is JP Morgan.

In the question of: Stupid or Complicit, one would always be wise by stating: BOTH!
They invented our foes so that they could continue to rule over us.
Now, we vanquish those invented foes therefore, their rule be vanquished as well.

I stand with Victor Hanson/Trump/the folks at Promethean and the downfall of the British System, therefore an America no longer it's Military slave.

Sunday paper memes were posted last night and IN THE MEME TYME MAGAzean is being published now.

Glad you enjoyed the W rated ones, I held them for quite a while, finally Xed the really gross X rated ones and answered the call to post the balance.

You are absolutely right.
This morning I read an article either in Fox Breaking News or in my email (my memory has been showing signs of old age) that Trump has designated our (after Iran) next most dangerous enemy as the Democrat Party.
Me dino agrees 100%!
Think suicidal Muslims are crazy? At least they don't with a straight face strut around saying men can get pregnant or would let their daughters share locker rooms with wannabe women with male genitals. Come to think of it, they would kill such limp-wristed mental malfunctions in a heartbeat. .

Last night I watched three videos produced by a very intelligent young lady, who I believe is a financial journalist. Sorry, as I write this I can't recall her name. When I get it I'll post it.

The first video was reporting on the causes (culminating with Mamdani) of the flight of Citibank et al from NYC and the effect on the regions economics. Thousands of jobs have left and thousands more are being planned to leave. The 14,000 jobs of Citi translates to over 20,000 jobs in the area as small businesses that served the Citi employees are going away. I agree with her opinion NYC has entered an economic death spiral as a direct result of (D) socialist/communist principles. NYS is entering the same phase under (D) leadership.

The second video covered Boston and the flight of GE leaving the same type of economic hole observed in NYC. Boston's Mayor Wu is a commie making sure the economic catastrophe continues by doubling down on increased taxation and fees levied on whoever remains. The death spiral accelerates.

The third video covers Baltimore, which is becoming a wasteland of crime and economic depression as more and more productive enterprises take the exit ramp to better areas. One financial company, now leaving, has to budget at least $45,000 a month to hire armed security so the employees can get to their cars without being mugged or worse.

The way I see it the common denominator of all these is an ideology that increasingly takes a strap to backs of the productive all the while cursing them for being "greedy" or "oppressive". In all these places the majority voted for the slave drivers and put the strap in their hands. No wonder the productive are leaving or dying. Those voters are now getting what they actually voted for.

We are now watching the same rot tumbling US cities in real time.

RiP Chuck Norris he was a modern day Jack Lalanne.
ThanQ OUC