Dixie Elixirs & Edibles—actually the line is much broader—was once a part of MJNA. There was a falling out and the onetime CEO, Tripp Keber. cut a deal and took that portion of the company. In my mind it offered to be the most profitable as legalization took wing. I hope that in the quiet water cooler conversations at MJNA plans for a similar effort are being discussed.
This is a very interesting development, a return to value for value or substance for substance transactions again. We really shouldn't be surprised, though. Islamic adherents, like Christianity and the early Hebrews, are told that usury is not something they should be involved in yet all the fiat currencies are based on it as though an evil seed has been planted and taken root.
Remember, though, this is exactly why Saddam and Muammar are pushing up opium poppies.
The other metric here is the ratchet mechanism a/k/a sticky prices. Inventory acquired at higher costs than those touted currently won't generally be sold at a loss.
That which I got to listen to was encouraging. I was pleased to hear about what seems to be the growing applicability of the KLH adjuvant which must be translating into other new customers knocking on the door.
If it does have some detrimental aspects, in comparison to alcohol, which is legal, they are miniscule.
Obviously few that hold trading inventories of the precious metals will be willing to sell them at a loss (or much of one) unless forced to by extraneous reasons. Prices are always "sticky" in the downwards direction for that reason. Some call it the "ratchet effect". IF the downward pressure can be continued for a sufficient amount of time, however, more of the metals will be disgorged at a loss from these unfortunate players. That may well be a metric that is in play.
I keep in mind that some have said that 100 times more silver than exists insofar as available metal for delivery changes hands each day. That has to offer leverage for nefarious purposes.
They generally produce a given amount for a single year and eventually the supply will be exhausted, while production for the following year is being ramped up. I went to their website and already this year they have sold 39,301,000 as of this point in November. The grand total for 2013, however, was 42,675,000 silver eagles That's a bunch of silver that you know has basically been removed from the available supply each and every year. After all, who is going to melt them down or sell for scrap???
Is the Mint failing their lawful duty to create enough to meet demand?
Doesn't it make your heart swell with pride to know that so many Americans have such a contrarian outlook and are willing to spend their time and effort seeking people out to share it with them, especially focusing on attacking the messenger... uninvited and all?
Let's not forget Washington, D.C. If the capital city of the country said YES, can the federal government stand pat? I doubt it.
With polls saying that 90% were in favor of the measure, I can only guess that it may have been an algorithm problem.