It appears that it will be the next asset to be seized by government “in the interests of national security” from “We The People”. And by then the 2nd Amendment will long have disappeared from the Founding document. You don’t believe it?
Ron Paul has devoted his political life to inform people of the threat to their liberty posed by the Federal Reserve, actually has a voting record that represents his stance and is the initiator of hearings that excoriate the record of the Fed. He is a modern day Andrew Jackson (on the banking issue). Since his run for President this election cycle he is the most attacked candidate by all so called “conservatives” in the “talk show” circuit, including, but not limited to that chicken hawk, Rush Limbaugh, whilst continually being marginalized by the “drive-by media” (some will know who originated that term). Of course socialist Democrat liberals just stand aside in amused silence unless his (Paul’s) message looks as if it might actually be gaining a significant number of adherents. What is that saying? “The enemy of my enemy is my friend.”
It is unfortunate for those of us who see what is coming in the not too distant future that an overwhelming majority of the people do not understand the scam that is being perpetrated on them by world central banking systems that are supported by government legal tender laws long misused to do away with constitutional mandates that define what shall be considered money. And for many others who do understand, they seem to be of the opinion, “So what can we do about it?” Then there is the 3rd classification who could care less about the implications as long as they come out on top.
You Ron Paulbots are insane, as is your leader. The conspiracy theories posited my Mr. Paul are those of a seriously delusional crackpot. The ironic thing is that after decades of spouting his delusions, he has finally found traction. Anyone notice how all the differing political sides now believe in these amazing conspiracy theories? If you think they're going to confiscate your silver, simply hide it in various places and stock up on some lead to protect your silver. I also have silver that I've stocked up on, but I'm not thinking the federal reserve is going to take over our country, nor do I expect to use my silver to purchase vital necessities when the world crashes. I expect the silver I have put away, will protect my wealth from inflation, and given that I paid in the vicinity of about 8 dollars an eagle, it has done pretty well for me.
If you really think its the end of civilization, wouldn't you be better off stocking up on other valuable commodities, like toilet paper, coffee, chocolate, cigarettes, etc. You could keep these commodities, and in the potential civilizational collapse you believe is coming, wouldn't you be just as well off with these commodities without fear the government would seize all the toilet paper, food, coffee, chocolate, cigarettes, etc? At least with those commodities, I can see you being able to universally sell or trade them, but silver would appear to only be useful to someone who needed it. Try and see a doctor, and get some meds, it will help.
I don't think short-term silver price movement changes availability by much. A mine usually takes a long time to develop. So far the mine production increases are totally absorbed by industrial and investor demand increases. The silver shortage actually gets worse and worse as new technology like solar panels use more and more silver.
So what’s your point, if you’re not afraid to openly discuss it (at the peril of having a response deleted by Huyoo stensors)?
But as Benjamin Franklin is quoted as saying: “They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety.” That applies to those as well who are intimidated into silence when attacked with psychobabble, which apparently IS stensor acceptable on this message board.
wow thanks man i didnt know about this. THEY are really passing lots of bills before the next election aren't they....
read this section
Sec. 310. Critical Items. The head of each agency engaged in procurement for the national defense is delegated the authority of the President under section 107(b)(1) of the Act, 50 U.S.C. App. 2077(b)(1), to take appropriate action to ensure that critical components, critical technology items, essential materials, and industrial resources are available from reliable sources when needed to meet defense requirements during peacetime, graduated mobilization, and national emergency. Appropriate action may include restricting contract solicitations to reliable sources, restricting contract solicitations to domestic sources (pursuant to statutory authority), stockpiling critical components, and developing substitutes for critical components or critical technology items.
so they can take actions to restrict contracts on gold/silver/anything that they deem essential basically. if you dont own it you dont own it thats what they said.
any paper claims aka contracts by anyone can be revoked under this then.
futures contracts just lost their futures.
beware slw governments can revoke your contracts. if you own the mines maybe not. Instead they may actually subsidize you to produce more.
but they will be breathing down your backs trying to take it as cheaply as possible...
America the land of the corrupt nowadays...
anyway good info thanks iris
Ever since the banksters took over this country beginning in 1910 by conspiring to do so at Jekyll Island it is obvious that they will stop at nothing.
Since you say, “wow thanks man i didnt know about this. …”, read “The Creature from Jekyll Island” by G. Edward Griffin. It is available in book form and on Kindle at Amazon. If what Iris provided was new to you, you’ll find a lot more that is nailed down with irrefutable documentation in that book. Not even the psychobabble attempted by krogers5858 can refute through intimidation what is therein. There are also many interesting photos in the book, such as John D. Rockefeller passing out dimes to little children to show his “charitable compassion”. Of course Rockefeller and his surrogates were well represented at the Jekyll Island conspiracy to push through the Federal Reserve Act in 1913, which brings us to current times with the American dollar now buying what a nickel would buy in 1913. You better buy it now before it is banned. Tyrants hate the truth.
You may find it more troubling still to know that there are now "secret laws" in place. Although you are not allowed to know of them, you are still subject to them.
The last time this occurred was WWII Germany.
Fascism is here. The pendlum has swung far the the right. Corporate greed rules. We are living Reagan's dream of Greed Is Good. It has gone so far to the right that soon it will start back to the left.
Right - technically, this is an executive order - an order from the President with the force of a law (but which can be (although rarely ever is) revoked by any future president).
so, yes, paper claims and contracts can be revoked. FDR using EO 6102 decided to go further and confiscate all gold coins, bullion, and nullify all gold contracts. So, owning physical gold and silver could be made illegal as well.
The interesting thing about Silver Wheaton is that is a Canadian company with contracts with foreign mining companies who own and operate mines in South America. So, it seems that this is outside the jurisdiction of US law, unless the US decides to go to war with and take over the other countries (which is possible).
Now, it is possible that an EO could come out saying that you can't own any foreign companies who contract in these resources, but that might inadvertently target campaign major contributors (read GS, JPM, etc.), so might be a little tricky to come up with.
So, I think that is might be wise for US Citizens who fear that they might not be able to get their US Contracts fulfilled, to purchase stocks in Canadian (or other stable foreign country) companies who have deals with mines outside of US jurisdictions.
Who knows, they might decide to confiscate your shares of foreign companies that have contracts with miners outside of the US as well, but since ownership of these shares do not result in getting the actual metal, there is not really much point in it.
Yes, this EO is important, and it shows how deep the corruption goes. (After all, if you're not in a time or war or national emergency, why should ever need to confiscate property?)
For the past two years, the major silver corrections were all due to the commodity exchange changed the margin requirements to cool down the fast rising silver prices. But those margin manipulations only produced temporary corrections. It does not solve the fundamental silver shortage at all. That is why after a few months of correction, silver prices always start to rise again. It is just a matter of time for silver to hit new highs. JMHO.