As you may have read in my Gold Eagle Columns, I am not crazy about buying silver in bags of U.S. pre-1965 dimes, quarters and halves. It is, admittedly the cheapest way to buy silver, often as much as 20 cents below spot. This morning, as I write this, bags are selling silver at 22 cents under spot. Sounds great, doesn’t it? I think not, because if you sell the bags back, you would sell them back at 64 cents under spot. In other words a “spread” of 42 cents per ounce. This is a few cents less than the spread on bars and rounds, but is hefting all that weight and storing heavy bags, worth 8 cents an ounce? Not to me. Think about it when you contemplate buying silver. If you can afford 500 ounces, try the Englehard 100 ounce bars at 22 cents over spot, or if you can afford them, buy 24 at 10 cents over spot. They are beautiful, flat, smooth, (extruded) serial numbered, and easily stored and lifted.
HILLARY etc.
This election and prospects of it is so silly as to be asinine. The election doesn’t happen till November of 2008! I’d be willing to bet that by that time Hillary will have given up. She’ll never admit that her vote for the war was a mistake, which will keep the majority from voting for her. Can you imagine the dirt that can be dragged up with the Whitewater stuff, if she gets the nomination? Will her brothers pay back the hundreds of thousands of dollars “loaned” to them? Can you imagine President Hillary, with Bill in the White House with her? Would someone “do” her from underneath the executive desk in the oval office as was done to Bill? Will she bring back all the furniture she stole when she left the last time? Dozens of people connected with Whitewater, and all the scandals with the land deals and drugs, are now DEAD, under “mysterious” circumstances. Murdered, in other words. That would be brought up by the Republicans for sure. Dozens of those who were in the know about JFK’s death “mysteriously” died also. Murdered. Can you imagine the three times married former mayor of New York Rudy Guliani being elected? He had his mistress living in Gracie Mansion along side his wife at the time, while he was mayor. More and more people are beginning to understand that 9/11 was a total fraud. Did the mayor have a hand in it? McCain? Not hardly, since he still thinks Iraq is wonderful, albeit that mistakes were made. Would Americans vote for a 73 year old, who loves Iraq, without the mistakes? The others have equal besmirches on their personal or voting records.
Maybe we can all hope that if the terrorists ever do strike, they will exterminate the D.C. area and restore 50 individual state governments, which is what the Constitution calls for. Alexander Hamilton and my hero Tom Jefferson used to argue about strong federal government. Jefferson wanted a weak one, and Hamilton a strong one with a central bank. Dishonest Abe wanted and got his strong central government, which cost the lives of 620,000 Americans. Just think: The War of Northern Aggression cost more lives right here on our own soil, than did any of the World Wars. Why do the Republicans worship that man? I have no idea. I am so proud to be descended from Martha Custis and Robert E. Lee. That war was responsible for two currencies going to their death by printing them to extremes to pay the bills. Confederate and Greenback dollars bit the dust because of that war. Gee Dad! Isn’t that what’s happening now? Have a great weekend!