Thanks for posting that short story that was BIG on news.

Once again, I am reminded of one of ‘ANOTHER’S’ comments: “Can you not follow in the footsteps of giants?”

And, once again, I remind myself not to be so glib, so trusting, that there will always be a coin store to shop at my convience, nor will the shelves always be stocked with the Precious. Which was part of an evening discussion Farmgal and I were having this evening while working in the garden.

I told her of some of the postings here in recent days. Of the stock certificates, being able to actually get them, hold them, coming to an end shortly. She asked me, if that had ever happened before? I told her, not to my knowledge in a 100 year history of the stock market.
She simply looked up, raised an eyebrow, and gave me the look that is reserved for those plastic house siding salesman, or the guy who pulled in the driveway last summer, and becuase his crew ‘was in the area’, how they would pave my driveway for ‘only’ $19,000. I just softly said, “Yeah, baby, things aint looking so good”.

I told her it was time to give our investments some thought. Serious thoughts. While the past 7 years have been very kind to us with our PM stocks…they were only electronic digits that could ‘disappear’ with a key stroke. And we either needed to take delivery of the stock certificates, or perhaps it was time to move those ‘digits’ into more tangible items like Eagles.

There is a lot to think about these days. And I question just how important is the stock market?
I know it is, or has been, important enough to form a Plunge Protection Team to keep things looking hunky dory for the past several years. But I wonder. Is that where the Big Players have thier funds parked. Im talking about those behind the scenes. Or have they been moving thier funds into all these mega mergers, buying out companies, securing resources such as oil and other commodities. I wonder, if once they no longer feel compelled to keep the ‘illusion’ of a stock market going, if they will collapse the whole kit and kaboodle? I think they profit very little from the stock market itself. They have moved on to larger, and more tangible goods.

My own thoughts are, it has been a good 7 years. Now how to position myself so I can say the same thing in the next 7 years? My brain wants to feed on the easy profits of paper stocks. My gut, is telling me, its time to go 90% physical gold and silver. And the JP Morgan news, well, I wonder if that is the signal my brain has been waiting for to catch up with the gut feelings?

Probably not much time to dilly dally around making the choice. Im pretty sure I already know the answer. Boy, is my coin dealer going to be throwing a bunch of paper in his safe soon. Kinda feel bad about trading him paper for the precious. But I aint never held a gun to his head to make him do it. Yet.

Interesting days we are passing through. Can say, I have not been bored in years. Did yawn a few times while watching the paint dry in the PM markets, but aint never been bored.

Sad to think, that so many have not yet found the wisdom of the Tent, or have any clue as to what the future may bring. Most just living with the premise that ’somehow, someone, somewhere, will make sure it all turns out right’. Somedays, I wish I could be more like them. There are a lot of other, happier, things I would rather be discussing while pulling weeds and enjoying the flowers.

Wishing you a good evening, Farmboy