“It is one of the firm rules we had as bankers.  We would take guaranties from anyone and lien any asset needed as collateral but retirement plans were scarosanct; untouchable, because by compelling the borrower […]

VERY well said, NR… and it is just what many of us are already doing.  Lost money?  Hell, it’s just little green slips of paper that the Fed pulls out of its a**.  In exchange, we end up with REAL money instead […]

The thing that gets me about these slams is that as time passes, it takes more and more naked shorting to produce less of a price drop, which then seems to recover more quickly.  It really looks like a diminishing […]

Good thoughts, AG, but consider that the market is basically an auction.  When supplies of a high-demand resource are tight, even a 2-3% deficit can ignite a bidding frenzy that causes prices to skyrocket upwards. […]

By the same “thought” mechanism, motion is often confused with progress.

Indeed.

“where are the lawsuits? the hungry lawyers ?”
 
Professional courtesy.  No vermin EVER bites a lawyer.

“Bart—Blythe  You were meant for each other.”
 
Indeed they were.  In fact, they will get to choose the color of the acid slime in their pit in Hell together.

After years and years of buying US 90% silver coins below and at spot, it IS a shock to have vendors asking for (and getting) $4-5 OVER spot per ounce for such coins.  :-/

And you shall be RICHLY rewarded for your loyalty to… The Hand Behind the Throne.  :-)
 

Drag them out into sunlight and watch them melt into puddles of scum.

She’s with Jamie… probably under the desk.

Let me put it this way.  I own a Ruger LC9 so that I DON’T have to own a .380.  lol
 
As to whether or not your daughter can handle a 9 mm, it’s all about attitude.  I taught my son how to shoot my S&W .357 […]

“They could just say—Hey Holder, sorry but we could not contain the price, with all that shortage and stuff. It just got away from us. Soooory.”
 
Not necessary, AG.  When speaking to Holder, just say “I don’t […]

@Ranger
 
Most of your messages lately include the phrase “taking a dirt nap”.  This is causing me distress.  Are you feeling OK?  Hope so.

Yes, it does.  But some people have been saying that for months and all that happens is that the Fed inflates the market higher.  This WILL end but it is anyone’s guess as to WHEN.  Personally, I have given up […]

What can and cannot be purchased with 401K (and presumably 401A) plan money is very carefully laid out in IRS documentation.  I would advise anyone attempting this to do so with considerable care.  Read up on […]

Interestingly enough, Yooper, many of the same Wall Street shills were pounding the table for everyone to buy Internet stocks and houses just before those bubbles popped too.  Their record of walking face first […]

Actually, Mary, quite a few people believe that some dreams or at least parts of them are meaningful.  The difficult part is determining just what they really do mean.  Most are very symbolic, so we get images but […]

It is likely that PM ownership is more than a mere purchase; it’s actually more of a way of life.  :-)
 
For me, it is part of my BSRP… which is a BS Reduction Plan.  I don’t care at all for the idiotic […]