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Silver Snow Train
https://railpictures.net/photo/757057/
Copper Nugget – 5 lb
Out near the northern tip of Michigan’s Upper Peninsula, on the shore of Lake Superior, is the village of Copper Harbor. There was a copper mine in the hills above that mined a deposit of pure metallic native copper. The story goes that they had a helluva time extracting the copper mass. Explosives would deform the metal a bit, but it would not break up for removal. There was very little rock interspersed with the heavy copper metal veins.
These two were once one piece. I got this back in the 60s when I spent summers in the UP with family. I tried to break the thin connecting strip between the two chunks, but it would only bend. I had to resort to a hack saw to cut them apart. You can see the brown aged copper where they separated along the bottom edges. This nugget is solid metal all thru and weighs about 5 lbs.
Treefrog
…because Round wheels are Racist! 🙂
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DALLAS HILL
Exactly…
Couldn’t have said it better myself.
Cheers all
R640
Yeah, I suppose they can keep it going for quite some time. By creating an index where fiat currencies trade against each other – which was ingenious – they can prevent certain currencies from going to zero.
I agree, we aren’t going back to a gold standard, it’s too restrictive to corrupt gov’t politicians who are happy to saddle their younger generations with debt – no doubt debt that will never be repaid.
I suppose with pm’s the greatest hope is that pm’s outpace inflation. Right now of course, lumber, copper, steel and all commodities except for pm’s have been outpacing inflation. Seems like pm’s will be the last commodity to rise ala the 70’s.
Richard 11:36
And grow your own lumber.
Buygold–very true about the Japanese….now that the WHOLE world is
doing it, I wonder if it can be sustained for another 30 years….I guess it can…we’re not going back to the gold standard and buying a bolt of calico at thee general store with bushels of buck wheat and baskets of eggs
Richard640 @ 7:41
Exactly…this is of course why owning physical gold and silver is a financial survival necessity.
It’s ironic it’s going to be the younger generation over at Wallstreetsilver that finally wakes up the sleeping masses to gold and silver, and the roles they play in the financial system.
Since I first posted about them about a week ago now, they have gone from some 60k silverbacks to over 75k, meaning growth rates are accelerating.
And while the paper pushers maybe able to engineer a pullback in coming weeks, which could slow the process, one thing should remain clear to all, the cat is now out of the bag – and that this is like investing in bitcoin when it was just a few measly dollars. (BTW – anybody who doesn’t trade their crypto-crap for silver right now is an idiot – do the ratios – it’s easy.)
What’s more, it’s easy to see that no matter what short-term setbacks come along, at some point in the not too distant future the idiot bankers will in fact run out of physical – and the fractional PM market jig will be up. Just go to Wallstreetsilver and look at the good work on this subject. At the beginning of the year I pondered the timing of the (momentum) bottom in PMs this year would be similar to that of the year 2000 and I am still of that opinion (in late fall – perhaps after a stock market crash). Paper market gamblers are still affecting price profoundly however this influence is waning and will become moot when the public is no longer able to buy physical (later this year?). (i.e. then they will want it.)
As you can see above prices are getting ahead of GDX gambler shorting ratios right now, so again, a short term pullback is likely as we approach options expiry in two weeks.
But this will simply give silverbacks an opportunity to accumulate at lower prices – so keep buying.
And keep spreading the word about the Wallstreetsilver movement – the fun – the money being made – and putting the bankers back in their box.
Because as long as those a$$holes maintain the monopoly on their free money the bull$hit will never stop.
Cheers all
Hey Ipso
I don’t rule out Lizard’s or anything else these days. The libtard, BLM and Antifa crowd seem to be completely demonic to me. Their anger, hate and actions sure seem to be controlled by something other than themselves. I have no idea what, but to me the completely irrational behavior comes from somewhere else.
Buygold @ 8:55
I’m starting to think that the “Lizard Alien” theory may be correct. “Lizards” acting as our leaders … It would explain so much! 
Maya @ 1:54
Mining that copper on the Sun might have some difficulties … 
R640, Ipso
R640 – agree with the commenter that the Fed has to keep subsidizing or things go all to hell. However, I think they can keep it going for a long time. The Japanese have been doing it since the late 80’s without serious consequence or being a dominant reserve currency.
Ipso – I think that theory is as good as any other I’ve heard. So much we don’t know. It’s just nuts how these govt’s operate and manipulate. Maybe there’s some entity behind them that feeds their socio and psychopathic tendencies.
TEE HEE-!! They own massive amounts of junk corporate bonds and can NEVER back out of anything without causing overnight collapse.
We are now 100% dependent on the Fed Bank. They fund our TRILLIONS of debt to prevent total collapse. They claim they can print to infinity with causing hyper-inflation, but many doubt it. We shall soon see. They own massive amounts of junk corporate bonds and can NEVER back out of anything without causing overnight collapse. Once the dam bursts there will be no stopping the flood of business failures, then bank failures, and then the damn whole illusion ends.
Lets see… Copper Sun, Green Cheese Moon….
We are food in some Alien’s refrigerator!!
Ipso – Looks a lot like that pile of copper wire!
Say… you don’t suppose…? 🙂