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Madness, Stock Market, Gold, Silver, VIX, Greece

Wow.....tomorrow will be very interesting. The EU just magically came up with 670,000,000,000 dollars to support more bailouts, including Greece. The VIX is through the roof. The stock market futures are going crazy (UP). Gold and silver are flat......here comes the roller coaster.
To Mr.Nystrom....it would be nice to see those stock charts and gold on the front page this week, Thnx
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Here is the VIX chart
http://www.marketwatch.com/investing/index/VIX
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Here is where I watch metals and dollar.
http://www.goldseek.com/
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Here is market futures
http://www.cnbc.com/id/17689937/site/14081545/
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fun



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Max Keiser was heard saying

Max Keiser was heard saying today that it is 700 billion EU $'s swapped for 1 Trillion US $'s... In other words, we printed 1 trillion in order to purchase 700 billion EU's... You think the 27% food price jump sinc January was big... this will result in another 35% by year end........ :o|

*Yawn*

I cash my cheques for gold and silver dollars created by Ron Paul's 1985 Gold Bullion Act. I'm rich. The fools holding Federal Reserve Notes and other S.D.R. backed instruments will starve. Don't blame me; I supported Ron Paul and am restoring Constitutional government to the United States of America by using substance rather than credit to pay my bills.

When will you be rich enough

to help people? I understand you are really kicking some elite butt, why do you not offer your services for free, or your cost then? If I could get people into their homes and the bankers screwed out of FRNs, I would be giving free seminars every friggin' day. I desperately could use your advice, but you want every dime I have left and then some to even talk to me. I don't get that at all. If you needed the money, that is different. But at what point does helping fellow humans become a priority? Just curious.

Truth exists, and it deserves to be cherished.

people need to help

people need to help themselves.

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

When the XIII Amendment is repealed or overturned

Daily Paul: Dedicated to restoring Constitutional government to the United States of America. In God we trust; everyone else: payment up front.

Hey, will ya lookit that chart? Seems one silver dollar went up two bucks and one fifty dollar coin went up forty bucks in ONE day! What's in YOUR wallet? Not sure? Read Ron Paul's 1985 Gold Bullion Act.

Gene...you have posted some good stuff here....

and I was wondering about cashing your checks..etc. .do you go to a bank and request that they give you silver eagles,etc? or how do you do that?(cash checks for gold /silver?)

Do you just go buy gold/silver coins after cashing checks? or is it through the bank? if so which ones?

The banks are a fraud

Except for a few hedge banks all financial institutions are insolvent; they have no money. In this country ONLY coin is money (see: Constitution, Article I, section 8, clause 5). Paper with ink on it is not. It is only the representative of money IF it can be cashed for gold or silver coin.

BTW - I've been cashing my paychecks for lawful gold and silver dollars at my friendly neighborhood coin dealer for over thirteen years. I buy groceries, gasoline, cars, dry cleaning, clothing, and anything else I need or want for Constitutional money (see: Title 31 U.S.C. section 5112). Two movie tickets, one large popcorn and two cokes are one silver dollar. Dinner for two people at a nice restaurant is one silver dollar. One months rent is one twenty-five dollar gold coin. I pay no taxes as I make less than $11,500 a year in gold and silver dollars. I don't even have to file according to both the FTB and the IRS.

Ron Paul and Philip Crane wrote the 1985 Gold Bullion Act for this specific purpose - to give the American people back the Constitutionally guaranteed monetary system. It is now YOUR responsibility to go get it and then either save it or spend it.

1. Qualify the check.
On the back write "Redeemed for Federal Reserve Notes, parity of value unknown". This establishes, in case of an audit, that Federal Reserve Notes(hereinafter: "FRNs") are "worthless securities" [see: IRC 165(g)] and "debt instruments" (see: Public Law 94-564) valued in Special Drawing Rights. Below that write "Pay to the order of (Name of Coin Dealer)". Below that sign your name (preferably in purple ink).
2. Cash the check at the coin dealer.
Depending on the amount of the check you can receive silver dollars (Walking Liberties) or gold dollars of five, twenty-five or fifty dollar increments (Double Eagles). Do not accept the ten dollar coin as it is one quarter oz and therefore doesn't comport with the equal weights and measures clause of the Constitution. The coins should be minted after 1985 to meet the legal tender definition (see: 1985 Gold Bullion Act and Title 31 U.S.C. section 5112).
3. Get a receipt.
This documents what you received cash in hand. You may be taxed on what you receive cash in hand. If your check says 220.00 but you received ten silver dollars at 22.00 each then your receipt will evidence this. You will be taxed on ten (lawful) dollars and NOT 220.00. This is why billionaires never pay any income tax. They are paid in gold and silver dollars. You do not become a billionaire by being a fool.
4. Thank the coin dealer and go have lunch.
Walk into a restaurant. When the host or hostess greets you respond kindly and ask them if you may speak with the manager or owner. When this takes place say to them "Hi, I'd like to have lunch here and was wondering if you accept these." HAND them the silver dollar. They will look at it and flip it over in their palm. They will see the see the inscription and the gleam of the metal. They will feel the weight (one troy oz) of the coin. Sometimes they will ask "Is this a dollar?"
Respond with "Yes, it's worth twenty-two paper dollars."
Talk as little as possible and give direct and honest answers.
"Okay, have a seat."
Order something off the menu for less than twenty-two bucks (FRNs) so you can cover the tip. Sometimes they will bring you change in FRNs so you can tip that way.

5. Get yourself a haircut.
Repeat step 4 and take a seat in the chair offered to you. Pay them one silver dollar for your haircut. Answer questions about the coin AS THEY ASK. Do not get political.

Sometimes you will be politely declined. If they say they don't accept the coin say "Thank you" and leave. Do not patronize them again but rather go to another similar establishment nearby. When the crash comes the business that refused service to you will go bankrupt while the one that takes money will thrive. When I started doing this thirteen years ago a dollar was worth six FRNs. Now it is worth twenty-two FRNs. People are exponentially being forced to pay attention as the FRNs depreciate and the cost of goods and services must inflate to offset this approbation. You will have an excellent success rate if you:
A. Speak to the owner.
B. Do not go in more than once a week (don't want to overwhelm them).
C. Keep it honest.
D. Say "please" and "thank you".
E. Do not give unsolicited information unless the subject of economics is broached.

If the coin dealer sells a silver dollar for 21.50 then make an attempt to keep the purchase as close to that amount as possible. If the merchant claims that the coin "..is only worth 15.00" then gently remind them that this is the "spot price". The spot price is what the mint sells the coin at based on the value of the FRNs. It is then distributed by twelve different buyers to smaller brokers. These brokers then sell to the coin dealer. Your coin dealer only has a two to three percent profit margin. What the most recent price is on your receipt is what you should trade the coin at. DO NOT quibble over a fifty cent discrepency. DO NOT try to nickle and dime the merchant. Next week the coin may be worth twenty FRNs and the merchant might be wary but at the same time excited that they have established this relationship with you.

The value of the coin NEVER goes up or down. The value of the FRN does. Before 1933 you could redeem fifty FRNs at the bank and receive one fifty dollar gold coin. Now it takes well over a thousand depreciated FRNs to acquire the same fifty dollar gold coin ($1,200). Again, with the exception of a few hedge banks, all lending institutions are insolvent and have no gold or silver dollars. You will fair better in the long run by redeeming your checks at a coin dealer and spending the money in your community for goods and services.
What you don't spend you should save and live within your means. Above all have fun and take comfort in the knowledge that by purchasing something with lawful coin you are restoring Constitutional government to the United States of America.

How would you work this

if you could only receive your pay by direct deposit into a bank account?

Then your employer invited a third-party meddler into your life

It seems that you may have contracted yourself into a corner my friend. Or did the employer do this without your consent?

Have some fun with this in the meantime. Go into the bank and offer to deposit a fifty dollar gold coin. If they say that they will only credit your account for fifty dollars just tell them you agree to that as long as you are able to make all withdrawals in fifty dollar gold coins at par value (1 to 1) to the federal reserve note "dollar". They'll turn purple because they know you've caught em' in a fraud.

Even From a Young Whippersnappaer Such As You Are, I Learn.

From experience, I confirm much of what you write.

Don't know about the "purple ink."

Glad to hear of your travels. Traveled the West doing just as you say. No one turned down gold nor silver. But, that was then: Roughing It, Mark Twain Free online browsing w/o ads.

Some things never change.

Sincerely,
Mark Twin

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

Wish I would have had your insight 13 years ago!

I commend you sir on your insight! I did not wake up to the fraud untill I saw Ron Paul in his first presidential debate. Then it did not take long. I was lucky enough to get out of the stock market (also worthless paper) before the crash. At that time I converted my FRN's into good farm ground with good water. I grow a commodity that can be bartered.
As I write this this mourning gold is down 13 FRN's. It is a good time to buy. thanks for sharing your story Gene

Thanks for taking the time to repost this (saw it somewhere else

but could not remember where....)

--Does the coin shop charge you a commission for the coins,when you cash you checks?(it seems they do, just wanted clarification)

--and why in purple ink?

--Also, how long did it take you to develop relationships in your local area with merchants? (ie grocery, restaurants, etc)

--And do you know of anyone else either in your area, or elsewhere who does this?

--Does the merchant usually give you the value of the coin as you purchased it for? (ie,21.50 vs 15.00)

Thanks

As a tribute to Bobby Kahre..

2% above market value.

Blue ink is fine. Purple was used to indicate sovereignty.

Thirty days in every community. One day at a time.

Yes, however not to the extent that I do it. I only know of a handful of Americans.

Yes. To demand that the coin be traded below it's market value is an unjust enrichment; a cheat.

You're welcome.

Words of wisdom

The post above and your answers here deserve their own thread. I hope you don't mind if I post them(with credit given) sometime.

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Hear, O Israel: YHUH our God YHUH one. And thou shalt love YHUH thy God with all thine heart, and with all thy soul, and with all thy might.

SteveMT's picture

Not $670B!: Now it is $962B!!!: Nearly a Trillion $! Holy S...!

EU Crafts $962 Billion Show of Force to Halt Crisis
By James G. Neuger and Meera Louis

May 10 (Bloomberg) -- European policy makers unveiled an unprecedented loan package worth nearly $1 trillion and a program of bond purchases as they spearheaded a global drive to stop a sovereign-debt crisis that threatened to shatter confidence in the euro. Jolted into action by last week’s slide in the currency and soaring bond yields in Portugal and Spain, the 16 euro nations agreed to offer financial assistance worth as much as 750 billion euros ($962 billion) to countries under attack from speculators. The European Central Bank will counter “severe tensions” in “certain” markets by purchasing buy government and private debt.

“It’s a clear signal to the markets,” Austrian Finance Minister Josef Proell told reporters in Brussels early today after the 14-hour meeting. “Never before have we made such a step,” he said.

Under pressure from the U.S. and Asia to stabilize markets, the European governments gambled that the show of financial force would prevent a sovereign-debt crisis and muffle speculation that the 11-year-old euro might break apart.

The two-pronged offensive pushed up the euro 1.4 percent to $1.2931 as of 11:12 a.m. in Tokyo. The Nikkei 225 Stock Average climbed 1.3 percent to 10,499.25.

3-D Shock and Awe

http://www.bloomberg.com/apps/news?pid=20601087&sid=aeHrwqUq...

Steve I think the difference in those numbers is due to some

reporting in euros and some reporting in dollars.

Related-I did not read the article but I saw a headline saying guess who intervened with big duckets?

Da FED

"You are a den of vipers and thieves."

I mean to rout you out!

-Just because you are among us, does not make you with us

-The door is wide open, anything can slither in

This evening

is pure insanity. Where does that money come from...it never ends?
I am monitoring all of the markets.......and it is very interesting. Everything seems to be trying to figure out which way to go?

It Never Ends, Because It Never Existed.

Seems fiat loans never end.
Money by fiat...
Chrysler by Fiat...

Think about how it is created. Was the fiat money sitting around gathering dust in a vault, just hoping some forsaken country would please take it?

May 2010 Congressional Hearing w/ Uncle Ben.

Dr Paul: Even Greece is kicking in a few Billion.
Only in a world of fiat currency could this happen. He and Uncle Ben exchange strained smiles.

Some think they make money.
Others insist they make-believe.

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

SteveMT's picture

"Where does that money come from?" ..A FAT FINGER!!

Our dollar, what is left of it, will be toast sooner rather than later.

Here's an article

http://online.wsj.com/article/SB1000142405274870367470457523...

Seems like some is from the IMF, which means it is some of our money. How much is out of thin air ? ?

can u post the article so I don't

have to sign up?

crazy

Only 40 billion to Greece...where is the other billions going?

Thanks, for the info

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"We can see with our eyes, hear with our ears and feel with our touch, but we understand with our hearts."

Platnum and palladium are up

Platnum and palladium are up nicely.. then again those metals are not manipulated like gold and silver.

“Defiance of God’s Law will eventually bring havoc to a society.” - Dr. Ron Paul

you see

the futures market??? Up over 230 on the dow right now....insane. Tomorrow will be very interesting to say the least.