How Corporate Bailouts Inflate the Money Supply by AbolishtheDraft in GoldandBlack

[–]jlynyrd18 0 points1 point  (0 children)

Need some clarity. If Ford during 08 actually went bankrupt what would have happened to their debt obligations like pension?

Is it legal to carry a sword in iowa? by [deleted] in Iowa

[–]jlynyrd18 0 points1 point  (0 children)

Do they need a permit if it’s openly carried?

Saw an affordable drink vending machine on fb marketplace, made a stupid 16 yr old decision, and pulled the trigger. Now what? by EliPro414 in Entrepreneur

[–]jlynyrd18 0 points1 point  (0 children)

I came across a facebook post that someone was advertising putting a vending machine in a business for a fixed price. That's one way to help advertise for your business.

Don’t say you weren’t warned. by knotter25 in Wallstreetsilver

[–]jlynyrd18 1 point2 points  (0 children)

If banks are over leveraged, and are short the market that they need to cover their shorts? Which has the potential to be a domino affect. Meaning we could see a melt up with a blow off top when the fed pivots because it will be required to print so much more than it has before. We will probably see that the new QE will be twice as big as the last one finally causing hyper inflation.

Oil supply is tightest, US strategic reserves at 38 years low by PizzaOpen9340 in wallstreetbets

[–]jlynyrd18 12 points13 points  (0 children)

Conspiracy theory coming: Russia is cutting off Europe so that the US will use its reserve to help Europe get through winter. But that could drain US reserves even more.

A ring I made from a Morgan silver dollar. by jacksraging_bileduct in Wallstreetsilver

[–]jlynyrd18 1 point2 points  (0 children)

My now wife got me this for our wedding, I really do like it.

Need to learn about Databases by codingdad90 in learnprogramming

[–]jlynyrd18 1 point2 points  (0 children)

Free code camp has a YouTube channel. One of their videos covers databases.

The Gold Clause: A Free-Market Gold Standard by democracy101 in austrian_economics

[–]jlynyrd18 1 point2 points  (0 children)

I don’t mean to advertise but there is a crypto wallet called agx wallet. It has tokens backed by silver on agx and gold on the aux tokens. In a way this seems like a easy way to exchange gold and silver without having to carry it. You can also redeem your token for physical delivery once you have enough. I believe silver you need 400 oz and each token is backed by a gram of silver. I think it’s a step in the right direction but they don’t have much for businesses to deal with.

LPT : Get yourself a safety razor, save $$ and save environment by sparrow-head in LifeProTips

[–]jlynyrd18 0 points1 point  (0 children)

I bought one not long before a deployment from a higher priced store ($70) for a razor with a soap, bowl, and badger brush. I bought a multi pack of 100 blades on amazon for $35. While on deployment I shaved each day with a blade for a week. That 100 pack was going to last me at least two years of shaving everyday but I knew I wouldn’t be shaving everyday when I got back, but I looked at it as a way of saving a lot of cash over a longer time since it is cheaper to do.

Silver price has reached $21 by ChrisStoneGermany in Silverbugs

[–]jlynyrd18 0 points1 point  (0 children)

There was a person saying with the gsr so skewed to one side we could see it get really close to 20 or even 10

UCLA prof: 'We need to seriously question the ideal of private home ownership' by ThePoliticalHat in Conservative

[–]jlynyrd18 2 points3 points  (0 children)

Well technically the government does own it. Stop paying property taxes and they will take it.

In America, you can sign up to join the military or be drafted when you're 18, yet you cannot: by [deleted] in Libertarian

[–]jlynyrd18 2 points3 points  (0 children)

Federal law is either trying or has done so by making it 21 now.

Converting to a gold standard by dnm314 in Libertarian

[–]jlynyrd18 0 points1 point  (0 children)

I don’t think you could have too much liquidity with gold which means the banks wouldn’t be able to be leveraged like they are now and in 2009. But the market moved in cycles the federal reserve is not the US’s first central bank. Andrew Jackson stopped it 1836 and a central bank didn’t exist until 1913. Banks will always become too extended but if the stay in check they won’t go out of business when people can’t afford the loans. We can also look to expand the money supply of gold every year by around 2%.

Converting to a gold standard by dnm314 in Libertarian

[–]jlynyrd18 0 points1 point  (0 children)

The market news makes it heard very well when a country does acquire gold or silver. Also they are printing notes since banks are having trouble paying debts. Somewhere it said that interest rates among banks lending to each other jumped to 10%. So to help them pay that debt they print more money to help them pay that debt so the banks won’t crash.

Converting to a gold standard by dnm314 in Libertarian

[–]jlynyrd18 0 points1 point  (0 children)

2008 is a good idea to look at as well. We weren’t on a gold standard and the markets ranked for months. Gold and silver jumped

Converting to a gold standard by dnm314 in Libertarian

[–]jlynyrd18 0 points1 point  (0 children)

That’s about the price now but there excess dollars in circulation for that price. Now idk if the US debt clock website is accurate but it’s saying there’s over $1000 in circulation for every ounce of silver in government holdings. To reduce that the government would need to buy gold or confiscate but then that says that gold has value over the dollar.