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Black Gold

The Deseret Power Railway is an electric train
That is isolated from the US railway system. It’s sole
purpose is to haul coal from Colorado across the
border to a power plant in Utah, and back
https://www.railpictures.net/photo/875693/
https://www.railpictures.net/photo/875694/

https://finance.yahoo.com/news/equinox-gold-calibre-mining-combine-004100410.html

Ron Paul was on a few days ago

He wouldn’t mind overseeing it but wouldn’t want being on the payroll responsible for the others. He said he’s more of a private person. He is a gold bug, doesn’t own Bitcoin but he said as far as investing invest in liberty, without that you have nothing. He’s actively still out there on the subject God bless his dedicated heart. He did mention the tariffs as far as replacing taxes. He said tarriffs are taxes. If could be worse because he mentioned shoe price differences  but meant price competition to keep things affordable.

Basically get the crooks and money printers, wasteful spending  out of there  IMO They should of also actively managed a large portion of SS, guarded against fraud and kept their hands off it.

This one said they’re selling more than buying and out of the country is selling.. average people.

This one said he thinks it will drop. Hard to say, shorts will come in on this 3K target and  try to talk it up a hundred or two first then sell into it. I discovered though they can be very good at what they do but don’t necessarily get the market right.

Back around 2011 I walked into a local dealer with my target at 50 ish in silver and was about 46 and knew my work hours I wouldn’t get back in time and gonna be late so was early.  I laid out a bunch of silver eagles and wanted to trade it for gold. In Calif you can’t buy a bunch of fractionals cuz they tax them so have to buy gold ounces. While I’m doing a trade people were coming in to buy and even the coin dealer was telling them he though silver was going higher when one watching me wasn’t sure. There was a 100 speculation going around. I got the heck out off there. Sure enough anyone who bought silver from there to the next few days it topped and dropped. So even though it’s worth watching if in stocks and not buying or selling phyzz if a consolidation or sell off coming for now I do know they don’t always get it right with the price.

Apple, will these VPNs or other alternative emails help privacy at all except phone calls where governments evidently record them. I would be concerned that not only would ending encryption of that’s what their doing enable hackers to get access to personal information. I never put it on a phone or computer anyways but they can do other harm.

Banks too, I canceled something recently and the bank asked the reason. It’s none of their business and was a private family matter on means of travel anyways not even a tangible issue.

I listen to another video from the coin dealer shop. He was telling the visitor that a bank in Canada called TD ??? canceled his bank account because he deposits too much money in it from his business. They basically accused him that if he’s depositing that much cash from his business he must be a criminal even though he’s been in business for over 40 years. He also said they charge him for the privilege of putting his money in their bank. He has to pay them to deposit money, and not a little bit. Other company’s don’t have to pay thousands a year cutting into profits in a big way because they have contracts they told him when he asked why they charge him but not them. He asked about a contract but he can’t have one. Sounds like they want to push coin dealers and who knows who else out of business.

I think when Clinton made that pay for play deal with the banks to get rid of Glass Steagall Act to get elected, banks now lending started treating customers like they were a inconvenience instead of competing for their money. Then when OBummer got in and started chasing money through banks world wide it got worse pretending he was hunting crime when the government was the crime and using it for control of other people’s money may have something to do with it. I can only imagine eliminating cash will make it much worse.

They found a Biden executive order on CBDCs that included equity and inclusion. It’s  really exclusively and exclusion. That was probably their plan for the next four years if Biden or Harris won. I wonder where AI will play in the mix depending on who’s controlling it next.

Will the banks then charge us for the privilege of depositing our money into their invisible money system attached to their fake equity and inclusion rules?  Will they just have a central digital banking system with censorship and control of other people’s money, leaving the banks to issuing social credit scores and loans.

https://www.historic-uk.com/HistoryUK/HistoryofEngland/South-Sea-Bubble/

Not the first. Won’t be the last. The only thing we learn from history …. is that we learn nothing from history.

{edit} I find it rather depressing really. People have always been so gullible, and there will always be those who take advantage of it. And those of us on the fringes trying to warn the gullible are vilified by the conmen as the cause of the problem. Just you wait, when the consumer collapse happens it will be our fault; boomers, debt free people, cautious spenders; for not doing our bit to support retail.

… it’s definitely a bubble.

Margin Balances Suggests Risks Are Building | ZeroHedge

Lookout below.

Chuckle

BREAKING: Biden administration and U.S. Marshals Service cannot account for billions of dollars’ worth of Bitcoin, leading to speculation that it has been stolen.

https://x.com/WallStreetMav/status/1893590370929508404

The light in the tunnel
https://www.railpictures.net/photo/875715/

Note I’m not selling my eagles just focusing on the phyzz.

They have this gadget that can check if the coins are real or counterfeit by the sound. I learned to do the same when younger with crystal glasses vs glass with a flick of your finger.

The link has a video. I suppose they weigh different but this can distinguish different coins from 90 percent silver to Morgan’s to eagles and gold.

https://coinpingtest.com/?sc_ref=De3BJXQ9MzZKil54&sc_vis=oo6Bt4bbL0q8QnrvH4Gu9U85K9SBmd

The first eagles are called type 1 eagles with first design until mid 21. The new design eagles are Type 2 eagles that started selling mid 21 on. . If anyone is selling eagles right now they might be selling for under spot unlike awhile back when selling over spot for Type 2. Not the type ones only type 2 are selling under spot.

Mapping Every Known US Military Base Overseas

https://www.zerohedge.com/markets/mapping-every-known-us-military-base-overseas

Tim Marschner of The Coin and Stamp Shop

In this video excerpt with my bullion dealer, Tim Marschner, we review a recent video by Andy Schectman on gold repatriation, silver manipulation, and gold revaluation.  Will gold be revalued to $142,000 an ounce to eliminate our national debt?  Why are nations all around the world repatriating their gold?  And what happens when the silver manipulation ends on the COMEX?  Tim Marschner of The Coin and Stamp Shop joins me in studio and shares his perspective on gold and silver. Do YOU agree with Tim that a revaluation of $142,000 an ounce for physical gold would cause “perpetual war” around the world?   Never before has stacking precious metals been as important to do as it is today.  Protect yourself from out-of-control governments, evil central banks, and the failing US dollar’s grip as the world’s reserve currency.  Make sure you build a stack of silver rounds, silver bars, silver coins, and gold coins as essential barter and wealth.

https://youtu.be/kLipOcW9Ad0?si=IVReEUAAxUv8UeJ_

Re Apple….these are not nice people…I would imagine that attacking a US superstar Co, will not go unnoticed….

Re crypto…I was wondering if they announced these thefts , in an effort to fan the idea that they actually exist, especially as you say …how can they wear the losses so easily…..as I said….when they are ‘stolen’ surely they can be cancelled, as there must be an identifier on each unit…or you could fake them all day .

and as you say how can some rinky dink exchange wear loseing $ 1.4 billion no problem….
‘
I also wondered if you could split Bitcoins , so searched it up and guess what…you can , I coin can be split into 100 million Satoshis !!!!! So much for a limited supply……

https://www.fool.com/investing/2025/01/25/can-cryptocurrencies-split-like-stocks-the-answer/

Turbo Diesel
https://www.railpictures.net/photo/875722/

Like you say, nothing to steal. So it’s not a real theft …..

But, if it is real, and the exchange can say:

“Bybit is Solvent even if this hack loss is not recovered, all of the client’s assets are 1 to 1 backed — we can cover the loss,” the Bybit CEO added in a separate post.

In an X statement, the exchange assured that its cold wallets “remain fully secure.” “All client funds are safe, and our operations continue as usual without any disruption.”

then that means they’ve already made profits of over $1.4bn, no? How? Who have they profited from? There was another hack two or three years ago of billions of $$ which was also made whole. As if crypto wasn’t fishy enough.

so what? Even if the gold is there physically that’s no proof of ownership. You don’t have to break a seal to lease or sell a bar.

I doubt if Musk is the guy to do this. He would get bored too quickly. Give it to Ron Paul to oversee.

… as they are a bunch of lying scoundrels who work for the international banking families.

Open Letter to President Donald J. Trump: Don’t Be Fooled by the Fort Knox “Auditors”

Don’t be fooled

Something’s shouldn’t be that big especially when your trying to get away from the chaos. That’s not a multi story  building in the background here in Calif Bay area. That’s a cruise ship.

and the most insidious thing is that Apple are prohibited from telling you why they are doing it. We all know why – but it is illegal for them to tell us.

This will be almost impossible after 80 years. To verify the gold requires:

a) physical presence. OK, this bit is easy. You count the bars. You weigh the bars. You scan the bars. You record serial numbers or marks. And at the end of a few months of hard slog (no using AI, algorithms or any other whizzo techniques) you have lists of bars which confirm yes sirreeee, we have 4,529 tons of the finest 24ct gold you ever did see and some magnificent biceps (you will have physically lifted, several times, about 350,000 400 oz bars). A piece of cake.

b) ownership. This bit is not easy, and may be impossible. You need to verify that a bar with a serial number stamped on it of P68445231 is owned by the US Treasury (or whoever). How, as in transfer of ownership (cash, payment in kind, transfer from foreign power) did the UST acquire it? So firstly when did it first appear in Ft Knox? How do we know that it was then owned by the UST and not stored on behalf of someone? And if it the UST can prove that it owned it in 1946, or 1957 or whenever it arrived, then the UST has to prove that it hasn’t been lent, leased or otherwise compromised since then. This requires rigorous systems in place, a solid paper trail for each bar. Every single one of the 350,000 bars needs to be individually traced back to when the UST first acquired it. This could go back to the nineteenth century.

c) integrity. This is where whizzo techniques can help, to show that the serial number is unique. It might also show if the bar was ever stored somewhere else. If P68445231 was in a London vault at any time, when was it moved? Who owned it then? If not the UST, where’s the paperwork transferring it to the UST?

So it’s not a simple as opening up the 15(?) vaults at FK and seeing hundreds of thousands of bars. That means nothing. Oh, and auditors usually work on assumptions involving reasonable certainty or statistical probabilities. Faced with 15 pyramids of coal weighing 5,000 tonnes you test the density, measure the height and base of the cone and agree with management that yep, you’ve got 5,000 tonnes plus/minus 320 tonnes which in the overall context of the company accounts is an acceptable estimate. Not here. Each one needs to be proven. As I think this will be impossible, then the ultimate action will be to pass a law through Congress authorising the UST to advertise internationally the serial numbers that cannot be proven, asking anyone with a claim on them to come forward within three months or lose it forever.

The audit is essential. But it will take years.

I thought that it was loss for the UK, in that they have not given the key over, just turned off encryption in the UK…..which will,piss off the UK customers.

https://www.zerohedge.com/political/tim-cook-denies-backdoor-access-uk-government-nukes-apple-cloud-encryption-brits

No clue what to think of it. They’re still shorting silver though. No worries.

CFTC Commitments of Traders Report – CMX (Futures Only)

What sucks the most is that the shares always double the move down in the SM. No reason for that given the action in the metals. Last week maybe, but not this week.