Why isn't silver going up.

I offered documented examples of the closest parallel we have. You are the one "blue sky" offering up completely made up scenarios.

Prohibition failed because the general public refused to support it, it was facilitating gang crime, and with the depression the government wanted any source of revenue. It is more akin to the drug trade today than anything else.

Is it not true the US government made payment in gold illegal, and that 99.999999% of all such payments stopped because of that law? I was giving anecdotes, but they are in line with other published stories. I can find multiple stories in the same vein, one was published in NN a couple months back. Can you provide one example where the previous prohibition of gold was flouted? Also, remember Federal law always trumps state law where they disagree. Some redneck state legislators wanting to make a political statement will not stop enforcement of Federal law. They will not go after the little old lady spending a silver quarter, they will shut down the Walmart that accepted it, and if that didn't work shut down all of the Walmarts. That is how the Fed would enforce it.

Chris

P.S. No offense meant to friends in Idaho. I come from a small state too, and just know how silly bills like this can get passed in smaller states.

 

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Right, many of the coin dealers try to steer me to silver and platinum and quote a better potential return, and they may be right but Nations don't stockpile silver and platinum to hedge their own currency.. they stockpile gold. Silver futures are just that.. commodities.. but gold is as the the Incas said ,, the metal of the Gods.

 

The 10th Amendment grants all authority to the states that is not explicitly granted to the federal government. So I must disagree with you here. I believe this is a very important distinction that is lost among most of the population today, and that is unfortunate because it erodes our freedom, especially considering that the federal government is so eager to defer to international law which is often at odds with the Constitution.

 

"Federal agents in a local grocery store" may be a stretch. But you might find it enlightening to go to your local grocery or pharmacy and try to buy several boxes of Sudafed.

 

Good example. The fear of arrest and the fear that anybody might turn you in for a reward will effectively stop virtually all buyers and sellers.

 

The currency is collapsing, Global warming is real, and we landed on the moon, The only question now is are we going to do it all at once like a car wreck or slow down with the brakes..

 

It certainly didn't stop the moonshiners during the decade of prohibition. The business was so big that NASCAR resulted from it. It hasn't stopped pot users in states that have made it legal though it's still a federal crime.

This is opinion, but I think you completely underestimate the ability of the people to completely reject federal control over their lives. A currency collapse will give the states the perfect opportunity at nullifaction relative to a host of federal legislation and I will say that if the states don't support the currency controls, and there is no reason to believe they will, the feds will be powerless to do much about it.

 

Your examples are your business. However they don't prove accusations of conjecture by others. This was my point.

 

Who knows Jim? Could get caught by surprise though.

 

The world is more integrated now. I think you underestimate the ability of the federal government to control. It was accomplished in East Germany and in China during the 20th century.

But this is myth because the chances of this happening are almost nil. The currency collapsers are preparing for a future that won't exist.

 

Even Native American Tribes can not issue money ( currency or coins) of their own , nor maintain a military, even though in most areas of Law they are separate.

 

Getting a little ahead of yourself I think. Have you got any gold or silver?

 

Yes I have gold and silver

 

Not enough.. I tried to get my 401K into gold at 1200 but they wouldn't let me have it until march of next year.. the jump to 18 would have more than paid the taxes and penalties.. What I am going to need is a little cheese slicer to cut the coins into 1/8 wedges to buy gas and food.

 

We always do, and after the fact we know that a blind man could have seen it comming.. I rode $100,000 all the way down after nine-one-one and did it because my president said it was unpatriotic to panic and sell..

 

I understand sir, yet I was giving examples of real life. At least they were examples of something like this happening in real life, not a made up scenario in my head where I was guessing, (based upon my own beliefs and goals), what would happen if that scenario came to pass. History may not always play out the same way twice, but to ignore real examples I believe is short sighted. Playing out "reality" in ou head may be fun, but when it clashes with real world examples I believe reality should prevail.

Again, I know most people on this board love PM like I do. Everyone also needs to remember that 99% of the people simply do not wish to own PM like we do, and its a dangerous supposition that someday they will all come around and craze PM over all other assets like we believe. Something to think about I believe.

Chris

 

Maybe not, but farming and the scrap yards already have me tied up with the whims of commodities. Everyone's situation is unique.

 

and if you are indeed, "just a farmer" can I assume you own a fair amount of land on which can be grown arable crops or on which dairy herds or cattle can be kept? If so, you do not need to worry about what you should do with your precious metals in a currency collapse.

 

As I said everyone's situation is unique. Still with owning land I would have to pay a workforce, buy seed, fertilizer, pesticides, energy else the land would sit idle and unproductive.