Went to the annual  ‘big regional’ coin show in the big town.  Fewer dealers than I have seen in the past, but still lots to show.   Not many buyers attending.  The silver rage appears to be a glut of silver Chinese pandas of various designs.  At $30 an ounce I didn’t see a single buyer of these.

The “cheap gold” guy had a pile of XF/AU double eagles for $1265/ea.  Best buy I saw was an NGC slabbed 2012 American Buffalo in MS70 for only $1250.

I picked this 2007-W  for $1275 because of the unusual coloration.  If it wasn’t .9999 gold, I would swear there was some copper in there.  The indian cheek has a nice copper-ruddy sheen to it that you can see in the photo.  The buffalo also has this nice dark reddish sheen on the central body, with the head and shoulders a nice light yellow gold.   Really a spectacular color enhancement on the toning.

Not a whole lot of gold for sale at the show, compared to what I have seen in other years.   Plenty numismatics… few buyers.   Some silver bars 10 oz. going for $185.   Most silver carried about that premium over spot.  Even junk silver coins had a bit of a premium… not just spot-melt prices.

Overall my sense is that the physical market is a bit tight with little gold available, premiums on silver are high, and there are damn few buyers of anything.

lenon who said useful idiot…I always get the two confused. they’re so alike! 🙂 wj

You sure seem to know a lot about Marx. What about Lenin? You know a lot about him too?

bwahahahahahaha …people can be sooooooo gullible and that is what the ‘liberal’ class feeds on but also many in the ‘liberal’ swarms are simply non thinking useful idiots as marx once said. not sure if it was groucho though! wj

Barcelona Threatens to Print Parallel Currency, Madrid Seethes

By Don Quijones, Spain & Mexico, editor at WOLF STREET.

Over the next six months, Barcelona’s left-wing city council plans to roll out a cash-less local currency that has the potential to become the largest of its kind in the world. The main goal of the project, according to a council spokesperson, is to boost economic opportunities for local businesses and traders.

The idea is for local stores and residents to be able to exchange euros for the new currency at a one-to-one parity, and use it to purchase products and services at a discount or with other kinds of incentives. But it doesn’t end there: the new parallel currency may also be used to pay certain subsidies, taxes and local services such as public transport, reports El País. Municipal workers could also receive part of their salary in the new money.

Barcelona will not be the first European city to launch such a scheme. Local currencies are all the rage these days. There could be as many as 3,000 forms of local money in use around the globe, says Community Currencies in Action, a global partnership promoting such schemes that is part-funded by the European Union’s Regional Development Fund. Which begs the question…

more http://wolfstreet.com/2015/10/24/barcelona-threatens-to-print-parrallel-currency-madrid-seethes/

Facts! Who cares about facts! 🙂

Australia’s experience is illustrative. They took the guns away from the citizens and the crime rate went up. Whoda thunk it?

trivia , Dublin
I spend two weeks in Ireland and the northern provinces last month. Very complex history and the never told true history. The truth..the  key was the natural beauty, riches of the country people and countryside itself….too many questions? Mr. Copper would understand this comment…..it is a closed shop outside the cities…

 
regarding the market…the Masters are surprising bullion while the key mining stocks are holding if not gaining…humm…here is or could be… a beginning of a Real future..a break..I will watch this and coming weeks. How many times have we shared…we live in interesting times? smile

One fact: the north and the south..same country two different historical back grounded based peoples..to suggest otherwise would be a naive observer.

pleeeeeeeease don’t confuse me with the facts! bwahahahahahaha as lott said ‘more guns less crime’ or something to that effect. the double imho means more people bought firearms that never had any before not that the existing owners went from 4 to 8. then again its the wa-po and consider the source. ugh libtards galore at wa-po.
and for all the libtards out in never never land
wj

Annual Firearm-Related Homicides Down Nearly 50 Percent from 20 Years Ago

On October 21, Pew Research Center released findings that show the annual rate of firearm-related homicides in America declined by nearly 50 percent between 1993 and 2013.

That’s the same time period in which The Washington Post (WaPo) reported that firearm ownership doubled in the United States.

The WaPo did not put a figure on the number of privately owned guns in America. Rather, they estimated that that average gun owner went from owning 4.1 guns in 1994 to owning 8.1 in 2013. Breitbart News used Congressional Research Numbers to show that this means the 192 million guns owned privately in 1994 grew to 310 million or more in 2009 and to an estimated 350 million in 2013.

And PEW Research shows that this surge in privately owned guns did not correlate with an increase in firearm-related homicides but with a plunge in the annual firearm-related homicide rate, which fell from 7 per 1oo,ooo Americans in 1993 to 3.6 per 100,000 in 2013.

more http://www.breitbart.com/big-government/2015/10/24/pew-annual-firearm-related-homicides-nearly-50-percent-20-years-ago/

Got a message He had a heart attack because of the Vets hospital and is going to have surgery, we’re praying for him. Said to his friends “see you on the other side.” Hope he means here for now anyways. Chris Miller

Wow guess she returned to the U.S. Met actors by chance but she’s one would of liked to have met.

http://news.yahoo.com/actress-maureen-ohara-dies-aged-95-183235805.html

It’s a nice day for a relaxing cruise.  The Filmore & Western runs a dinner train from the restored Southern Pacific Depot at Santa Paula, CA
http://www.railpictures.net/viewphoto.php?id=549719

PHOENIX (March 10, 2015) Today, the Arizona House voted 36-24 to pass a bill that would help seal the coffin in the Grand Canyon State on unilateral presidential executive orders intended to circumvent Congress’ role as the legislative body under the Constitution.

Rep. Bob Thorpe, Rep. Mark Finchem, and Rep. Brenda Barton introduced House Bill 2368 (HB2368) on Jan. 28. If passed into law, it would prohibit the state from “using any personnel or financial resources to enforce, administer or cooperate with an executive order issued by the president of the United States that has not been affirmed by a vote of the Congress of the United States and signed into law as prescribed by the Constitution of the United States.” The bill would also prohibit the state from administering or cooperating with any policy directive issued to law enforcement agencies in Arizona by the United States Department of Justice that was not affirmed by a vote of the Congress.

A floor amendment approved by the House makes the bill even stronger. It adds language making it clear that any policy directive must not only be signed into law as prescribed by the Constitution, it must also be “in pursuance thereof,” making it clear that the bill creates a blanket prohibition on unconstitutional executive orders.

The amendment also allows the legislature when in session, or the governor, senate president and speaker of the house when out of session, to waive the prohibition on a case-by-case basis. This creates a mechanism to put on public record just who commits Arizona resources to the support and implementation of these executive orders. This kind of spotlight doesn’t exist in any other state. Legislators generally sneak in these actions as part of a big budget bill, or they get done in near-secret by bureaucratic appointees of agencies themselves. Under this bill, if Arizona politicians want to implement any executive orders, they will have to risk their office to do it.

HB2368 works in tandem with Prop 122, a state constitutional amendment approved by the Arizona voters last November. The proposition placed language in the state constitution empowering the state to pass referendums, bills, or to use other legal means, to end cooperation with unwarranted federal acts.

LEGAL

While Assistant Minority Leader, Rep. Bruce Wheeler made the claim that the bill violates the Constitution’s supremacy clause, nothing could be further from the truth. Anyone even lightly versed in modern Supreme Court jurisprudence recognizes that the Supreme Court has held for over 170 years in multiple cases that the federal government cannot require a state to expend resources or use personnel to help effectuate a federal act or regulatory program.

By withdrawing state support, HB2368 does just that.

This is known as the anti-commandeering doctrine. The 1997 case, Printz v. US serves as the cornerstone. In it, Justice Scalia held:

The Federal Government may neither issue directives requiring the States to address particular problems, nor command the States’ officers, or those of their political subdivisions, to administer or enforce a federal regulatory program. 

“State governments are free to refrain from cooperating with federal authorities if they so choose. In general, states cannot attack federal operations, but that’s not the same as refusing to help,” noted Constitutional scholar Randy Barnett of Georgetown Law said.

EFFECTIVE

Not only is it legal, HB2368 would be effective too. It follows the blueprint James Madison gave to stop federal overreach through state action. In Federalist 46, the Father of the Constitution wrote that when the federal government commits an “unwarrantable act,” or even an unpopular “warrantable” act “the means of opposition to it are powerful and at hand.” Madison listed “refusal to cooperate with officers of the union” as one of the actions states should take to check federal power. The proposed amendment would create a framework for implementation of Madison’s blueprint.

This strategy has the potential to shut down overreaching federal actions. The feds depend on state cooperation and resources to do almost everything. They need state and local law enforcement to enforce its gun control measures and fight their drug war. They need state resources and personnel to implement their national health care program. They needs state cooperation to spy on us.

In fact, during the federal government shutdown, the National Association of Governors admitted, “States are partners with the federal government in implementing most federal programs.” That means states can create impediments to enforcing and implementing “most federal programs.”

In a discussion on similar bills last year, Judge Andrew Napolitano agreed, suggesting that even a single state withdrawing all enforcement and resources would make federal laws “nearly impossible to enforce.”

HB2368 now moves to the state Senate where it will first be assigned to a committee by Sen. President Andy Biggs.

Arizona Bill to Thwart Executive Orders Passes State House, 36-24

wj

A great acting era comming to a end. Glad she got to spend her last days in Ireland not here the way things are going.

wj

Judging from the response, since you served coffee this morning, I’d say it was a subpar brewski.

How did the mirrors get up there that they measure the moon’s distance from the earth with? Nvidia just came out with their highest end card ever, it has amazing light calculating software and it proves that the astronaut photos that they took are spot on. But then you have 10000 idiots on the Internet that will say anything. Just because truthers make ridiculous claims, doesn’t mean they’re true