Feb 4, 2011

The Peasants Speak

No, I am not being a copper bore again. I'm being a silver bore, merely noting in passing that copper has cracked the $4.50 barrier and that your pre-82 Lincolns are now worth just a curly under three cents.

The more dramatic expression of inflationary alarmism lies in the mint's sale of Silver Eagles last month,  about 6.4 million of them, a record.

Wonder if Ben and Terry and Barack will have anything to say about this plebiscite on the green paper which they jokingly refer to as money.

There are votes and then there are votes, and it's hard to imagine a more sincere ballot than wholesale trading of paper promises for a pretty metal which rings nicely when you drop it on a  counter top.

I'll stop at the WalMart today, hoping Sam's kids haven't received the word yet and are still peddling Federal 550 packs at $18.97

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