We talk a lot in these pages about what to do with one’s money, but I question whether most subscribers (forget about the public at large) have an adequate grasp of the basics. Without it, much of what we say may seem capricious or outlandish, crazy ideas readers tolerate only because we’ve been so right about the big trends. But the basics in speculating and investing are like the basics in martial arts: Just remembering them isn’t enough; they need to be second nature. That means reviewing and practicing over and over.
It’s not an accident that we usually make good investment calls; the selections arise from a constant awareness of the basics. So I want to briefly review those fundamentals. Let’s start with gold. We’re very gold-oriented around here.
AUGUSTA, Maine (May 20, 2021) – Two bills introduced in the Maine House would exempt gold and silver bullion and coins from sales tax. The proposed law would relieve some of the tax burdens on investors, and it would also eliminate one barrier to using gold and silver in everyday transactions, a foundational step for people to undermine the Federal Reserve’s monopoly on money.
Rep. Justin Fecteau (R-Augusta) introduced House Bill 1277 (LD1277) on March 25. Rep. Richard Cebra (R-Naples) introduced House Bill 1371 (LD1371) on April 5. Though the language differs slightly, both bills would have the same effect exempting gold and silver bullion (bars) and coins from the state’s sales and use tax.
The inflation monster has been unleashed
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The monster known as inflation has been unleashed upon the world and will not easily retreat into the night. This is reflected in soaring commodity and housing prices. Due to the stupid and self-serving policies of the Fed, we are about to experience a massive shift in the way we live. Bubbling up to the surface is also the recognition the Fed has played a major role in pushing inequality higher. This means that inflation is about to devour the purchasing power of our income and the savings of those that have worked hard and saved over the years.
They’ll talk about change, about politics, about reform, about corruption, but they will never talk about war unless they mean something happening far away. Because to admit the existence of the war waged against us is to admit that we are combatants, and if we see that we are not fighting back, then we would have to admit that we have surrendered. That we have already been defeated. The Arctic Circle Collective
Hassan al Sabbah, a brilliant Iranian polymath and tactician, founded the Nizari Ismai’li state, a state that flourished from 1090 to 1256 AD in Iran and Syria. This small state relied on a cadre of fearless professional assassins to protect itself from conquests, and to protect co-religionists living elsewhere from massacres.
To the Governor: Arkansas Passes Bill to Take Step Toward Treating Gold and Silver as Money tenthamendmentcenter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tenthamendmentcenter.com Daily Mail and Mail on Sunday newspapers.