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How Many Rabbits?
I’ve been in this game for quite a while. I started in 1994 doing seminars for local investment clubs. That migrated into the first newsletter in 1996, and in 1997 we launched the web site.
All along the way, there were ills and evils that I pointed out, about how the economy is fake, the economic reports were fudged, the debts were unpayable, and on and on. And yet, through the magic of Central banking, they’ve managed to keep the wheels on this thing. It truly is incredible if you think about it.
Have you ever heard the term “Junk” Silver? That’s the commonly used name for US coins that were produced back when Uncle Sam had some integrity, and put real silver in our dimes, quarters, half dollars, etc. Well, it’s not junk and for a couple reasons.
Any dime, quarter, or half dollar minted before 1965 is 90% silver, and 10% copper. Then after the coinage act, 1965 – 70 minted coins only had 40% silver. After that? Now that’s true junk. Our coins are a mix of base metals, but nothing precious in them. They’re only “worth” what Uncle Sam says they are.