Day: April 19, 2006

From the Deep Archives: JWR’s Comments on Silver and Gold

Note: I posted the following to the Usenet newsgroup “misc.survivalism” on July 17. 1997, in response to an ongoing thread about gold and silver. OBTW, at the time, gold was selling for around $320 per ounce, and silver was around $4.25 per ounce. [LOTS deleted] RE: > Gold coins frequently are only some part gold – in actuality an >alloy comprised of MOSTLY gold, but not always.  Different gold coins have >different gold contents and it’s not always clear what percent.  For >instance, did you know that the US RARELY minted a .999 pure gold coin? >That’s why Kruggerands [sic] …


Letter Re: Stocking up on Copper Tubing/Pipe

I have been following the metal’ and copper in particular, as it is a very necessary part of our modern existence.   One of the things I envision, is a shortage of copper tubing. I have been buying a little extra every time I go to the home store. Some of it I plan use for making a still– for making alcohol, other sizes are for my propane tanks and last but not least, I still have copper [water] pipes in my house that are going on 30 years old, so I have been buying some to replace that.   …


Odds ‘n Sods:

Cowabunga! Spot silver is over $14 per ounce, and gold is at $621. The shorts are heading for the hills! There may be some fright inducing pull-backs along the way, but I think that this bull market is just getting started. Consider any deep dips your best buying opportunities.    o o o Richard Kiyosaki on “The Coming Oil Crisis“    o o o From the Second Amendment Foundation: More than seven months have passed since New Orleans residents were forcibly and illegally disarmed in the wake of Hurricane Katrina, and starting Monday, April 17, the City of New Orleans …


Jim’s Quote of the Day:

"We have counted the cost of this contest, and find nothing so dreadful as voluntary slavery. – Honor, justice, and humanity, forbid us tamely to surrender that freedom which we received from our gallant ancestors, and which our innocent posterity have a right to receive from us. We cannot endure the infamy and guilt of resigning succeeding generations to that wretchedness which inevitably awaits them, if we basely entail hereditary bondage upon them." – John Dickenson and Thomas Jefferson, Continental Congress, July 6, 1775, Declaration of Causes and Necessity for Taking Up Arms