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We
melted down 200 Obama rounds that were not selling. We lost the full
coinage premium on this silver, losing over $2.00/oz. in manufacturing
costs. But if we can't sell them, and needed something to test the
Pre-Melt Induction Heater, what else are we supposed to melt? We still
have 800 Obama rounds left over from last November, and have no plans to make
more.
First
Silver Melt at the JH MINT
http://www.youtube.com/watch?v=rVa_T1C9n64
=====
Here's
a Saturday Night Live "Obama Address" spoof, making fun of Obama
being able to do "nada" in one year. (Very Funny.)
http://www.nbc.com/saturday-night-live/video/clips/obama-address/1163263/
While
I can take a bit of comfort that Obama has not "unintentionally?"
destroyed the nation as much as he would like, the unfortunate reality is
that Obama has not "done nothing." Obama is like George Bush on
steroids! The only change is that we have even more of the same!
Bigger bail outs! Bigger military intervention! Bigger government!
Bigger government economic intervention!
=====
Peter Grandich invited Jon Nadler of Kitco to a debate on BNN TV.
Nadler refused.
http://grandich.agoracom.com/2009/11/follow-up-to-my-challenge/
Nadler replies, "I do not �debate�
bullion bulls." That says it all.
He also ducked a debate challenge from me, and from Bill Murphy, and
others. He is basically admitting he is a bullion bear.
Now why would a bullion seller like Kitco, who offers to hold metal from
their customers in their "pool" accounts, hire a bear to write
commentary? I think it's because the company is short in their pool
accounts. Kitco was one of the worst offenders in customer delays in
2008, on both ends, both buying and selling, which clearly suggests they are
floating on customer money.
=====
So, a
man walks into the JH MINT the other day, and asks me "Why don't you
advertise on the Radio, and advertise a workshop or seminar about
gold?" Great idea, but people are not really asking for that
yet. I've discovered that it usually takes people about a year of
reading my newsletter before they are ready to buy silver or gold.
There are many fallacies they must go through before they get through their
"cognitive dissonance" as they have been taught by society that
gold is unimportant. This is why I like to use full page text ads,
where I can do my "seminar" in print. The man admitted it
took him 12 years to convince his wife, and she had a Phd in mathematics!
=====
I
chastised a reader yesterday. He replied to my email, "gold:
useless trincket,overpriced for suckers! Watch it crash when Fed raises interest rates!"
I replied with the most unfriendly comments:
So,
with rates at 1%, and gold paying about 25% per year, you are thinking that a
2-5% interest rate will pull money from the $100 billion gold market into the
$30 trillion bond market?
You
are a world class idiot.
Bond
rates will have to go to about 15% to 20% to pull money out of gold.
And as
rates rise to that rate, the value of current bonds will be crashing
horribly. During that crash, bond holders will be selling bonds, to
preserve the value of their bond money. After they sell bonds, they
will need to own gold, in between now, and when interest rates top out at 25%
or so.
By
that time, gold might well be moving up at 50% per year, still providing no
incentive to move into bonds.
Yes,
you are truly an idiot. Bonds are worse than "useless
trinkets", since they are only paper printed by thieves, they are the
most over valued investment class in the history of mankind, and only world
class idiots own bonds these days, which includes just about everyone.
You
know nothing about bonds, interest rates, and gold.
They
have hammered gold prices DOWN in order to have artificially low interest
rates. Since gold was manipulated down, gold must go up. A lot.
You
truly cannot comprehend the figures I posted below, can you?
Did
you ever pass 7th grade math? Because that's all it is below.
This
man's comments were in reply to my email from yesterday:
Grass Valley Buys 12 Times more Gold than National Average
http://silverstockreport.com/2009/12-times.html
So, to
his credit, he replied:
"Whew!
I haven't been scolded that bad since I disagreed with my economics professor
in college 40 years ago! We'll just have to see who's right!"
I must
admit, he had a better attitude than I did, and I'm a bit embarrassed by my
own tirade. I could have used better language, but I was speaking from
the passion deep down. Nevertheless!
=====
Here's a
great video that shows how clueless the public is about gold:
Man
tries to sell $1100 one ounce gold coin for $50; no takers! Over 900 comments
in 2 days!
http://www.youtube.com/watch?v=Gk5aRIz17fk
=====
In
prophetic style, I must say:
America,
wake up. You are complacent, asleep, deceived into thinking that images
on paper are capable of storing lasting wealth. You still trust the
promises of men who betray you with bail outs for themselves at your expense.
=====
Some
of my readers complain to me that my "Christian message" turns
people off, or away, from precious metals. Excuse me, I only reach
80,000 people world wide with my newsletter. How do you explain the
foolishness of the rest of the 308 million Americans who have never heard of
me? Clearly, my Biblical based messages, and discussions of the
fundamentals, are not turning people off of metals ownership, when the JH
MINT has people buying 12 times the national average.
=====
I
really don't understand why Americans don't get it. Even a 15 month old
baby gets it.
See
below, a 16 second clip of our baby Jude, 15 months old, saying what noises
all the animals make, (The cow goes moo, the goat goes baa, etc.) Then,
after mama asks him what daddy says, he launches into a monosyllabic diatribe
of the future of the dollar and the Fed! (OK., maybe that's not what
Jude was referring to when asked "What does daddy say?" but if
Americans can have their delusions, I can at least choose mine.)
monosyllabic
[?m?n?s?'l�b?k]
adj
1. (Linguistics) (of a word) containing only one syllable
2. characterized by monosyllables; curt a monosyllabic answer
diatribe
['da???tra?b]
n
a bitter or violent criticism or attack; denunciation
http://www.youtube.com/watch?v=SE1QUM-yDYc
Very
funny last clip. Enjoy!
===============
I strongly advise you to get real
gold and silver, at anywhere near today's prices, while you still can.
See
the JH MINT, and some of our gold inventory, at Youtube here (we
also now have Gold Buffalo 24k coins):
http://www.youtube.com/watch?v=9-ocXNbdEeU
Call us today.
Yes, we sell silver, and gold at the JH MINT!
Buy it
now! Buy Silver or Gold Now!
Inventory & Price List
Call the JH MINT, 10AM to 5PM Pacific, Monday to Friday:
100 oz. silver minimum, USA shipping, wire transfer only!
(530) 273-8175
Janelle (530) 913 0553 silver_support1@vzw.blackberry.net
http://www.jhmint.com/
Active, live price quotes list:
http://jhmint.com/cgi-bin/ssrbidask
Sincerely,
Jason Hommel
www.find-your-local-coin-shop.com
www.silverstockreport.com
www.miningpedia.com
www.bibleprophesy.org
Read
all the other articles written by Jason Hommel
I have 2 major resources on mining stocks to offer to you.
First,
look at www.miningpedia.com
It is a FREE comprehensive database of mining stocks. Anyone can update
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Second,
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