Guest Post: The Counterfeit Economy

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Tue, 03/01/2011 - 13:25 | 1007598 johnQpublic
johnQpublic's picture

welcome to the new normal

Tue, 03/01/2011 - 14:03 | 1007774 Weisbrot
Weisbrot's picture

isnt this the change, you had hoped for?

Tue, 03/01/2011 - 14:25 | 1007904 Fish Gone Bad
Fish Gone Bad's picture

This is hope and change you can believe in </humor>

Tue, 03/01/2011 - 14:56 | 1008070 Herd Redirectio...
Herd Redirection Committee's picture

Great work by CHS, as usual.  Any one, ANY ONE, who does business with the US gov't is now complicit.  Whether you are personally employed by them, or do contract work for them, you are accepting counterfeit money as payment, but are considering it as good as 'regular' money.  Its not.  The US gov't doesn't have the money to pay you, so they counterfeit (print out of thin air) the money, and pay you with the freshly conjrued dollars.

This stops now.  We aren't going to change this beast from within, but we just may take it down from within, so if you have made up your mind you will continue to accept counterfeit money (can't blame you, as it will feed and clothe the family at the moment as good as 'regular' money) from the Federal Gov't you know the score, and you know what needs to be done.

Its time for a fresh start, like a video game.  Game over, man, game over.

Check out the Capital Research Institute:

http://www.capitalresearchinstitute.org

 

Tue, 03/01/2011 - 22:48 | 1009987 vxpatel
vxpatel's picture

Interesting article...

Economic terrorism makes sense, if not, how would you explain doing the same things to get out of this mess as you did to get into this mess. They obviously have no idea what's gone wrong. They think you can just print more money and they'll break free... by putting us all in debt.

Maybe they've latched onto something big and juicy, the American Sheeple.

http://www.washingtontimes.com/news/2011/feb/28/financial-terrorism-susp...

Tue, 03/01/2011 - 16:00 | 1008369 Problem Is
Problem Is's picture

"The 'change' is in your pocket."

Cartoon Bears

Tue, 03/01/2011 - 14:06 | 1007788 Azannoth
Azannoth's picture

Only 1 question remains, "how long will it take till shit starts floating at the surface?" well not long judging from what is happening in the ME

Tue, 03/01/2011 - 14:15 | 1007856 jus_lite_reading
jus_lite_reading's picture

A while back in 2008, someone with great insight predicted O would be the last US president. Why? The entire global economy would implode, sending everything into chaos.

The end is near folks. Buy silver and gold now. Prepare for 5+ years of survival without electricity and running water.

Tue, 03/01/2011 - 14:33 | 1007946 Fish Gone Bad
Fish Gone Bad's picture

Honestly, have you really given much thought to there not being any electricity or water?  People can do without heat and light (in a lot of places), but people absolutely have to have water. 

Tue, 03/01/2011 - 14:49 | 1008033 Mad Max
Mad Max's picture

He said running water, not just "water."  Life without running water is entirely possible.  Life without "water" (note the absence of "running") is 24-48 hours.

Tue, 03/01/2011 - 15:25 | 1008183 Imminent Crucible
Imminent Crucible's picture

Which is why I called in a well-driller. The well cost $5000, but we hit what the driller called an "underground river" yielding 30+ gallons per minute, enough for 10 houses.

The pump will run off my generator, so now I have to lay in a supply of gasoline and Stabil.

Some of us are really taking this seriously.

Tue, 03/01/2011 - 17:01 | 1008753 forexskin
forexskin's picture

look into a diesel genset, preferably low (>1800) rpm. diesel keeps much better than gas.

Tue, 03/01/2011 - 17:23 | 1008895 Rahm
Rahm's picture

Big Berkey.  Pick up a few.

Tue, 03/01/2011 - 14:46 | 1008019 Shameful
Shameful's picture

I'm as pessimistic as they come, but 5 years is unlikely. I expect a lot of big towns to turn into charnel houses but that sort of thing tends to burn itself out relatively quickly, few months max. Don't get me wrong, not fun places to be and might be downright apocalyptic for the time it happens depending on how distribution channels collapse. I just doubt it's a long term return to 1890, unless Uncle Sugar decides to say "When in doubt, nuke it out".

If they can have running water and power in Caracas and Johannesburg I have to think such things will not wholly vanish from the West for that period of time. Though some towns like LA will be a rough place to be when the cheap food, fuel, and gov handouts end.

Tue, 03/01/2011 - 16:25 | 1008518 Bob
Bob's picture

Completely agree.  And preparing appropriately to that. 

Tue, 03/01/2011 - 13:28 | 1007601 redpill
redpill's picture

"When everything is counterfeit, then what's left that's authentic and trustworthy?"

Need it be said?  Gold & silver bitches!

Tue, 03/01/2011 - 13:33 | 1007628 HamyWanger
HamyWanger's picture

Have you ever seen a pristine-looking JohnsonMattey 10oz. bar cut in two to reveal a tungsten core? I did. 

Tue, 03/01/2011 - 13:35 | 1007638 redpill
redpill's picture

Not provacative enough Hamy.

I wonder what the core of SLV is made of if you chopped the brokers in half?

Tue, 03/01/2011 - 13:39 | 1007655 HamyWanger
HamyWanger's picture

The awful truth is that there is even counterfeit Silver Eagles.

I know several Chinese laboratories who are making them. They are currently flooding the US market with large quantities. 

It is a tungsten-chrome alloy which is polished via laser. You can't differentiate real silver from it. 

I'm sure most silver bugs here have some of these innocent-looking coins hidden in their stashes.

Tue, 03/01/2011 - 13:41 | 1007664 redpill
redpill's picture

Better, but now you're ruining the suspension of disbelief.

Tue, 03/01/2011 - 13:42 | 1007667 samsara
samsara's picture

When would these have first hit the market do you think harry?

 

Tue, 03/01/2011 - 13:48 | 1007689 HamyWanger
HamyWanger's picture

They started mass production when the Oz price reached $20. 

I believe they are now about 60% of the annual Eagles sold in the US, and 25% in Europe. 

Tue, 03/01/2011 - 13:51 | 1007710 redpill
redpill's picture

lol that's the spirit

Tue, 03/01/2011 - 14:15 | 1007843 gdogus erectus
gdogus erectus's picture

redpill - genius.  That is the funniest exchange I've ever seen between a troll and a poster.  Absolutely laugh out loud funny.  How far we have all come.

Tue, 03/01/2011 - 14:36 | 1007967 iDealMeat
iDealMeat's picture

2nd that..

 

Tue, 03/01/2011 - 15:42 | 1008264 Guy Fawkes Mulder
Guy Fawkes Mulder's picture

http://www.youtube.com/watch?v=5haHnzERjDg

They see me trollin'

They hatin'

They hopin' that they gon' catch me writin' dirty...

Tue, 03/01/2011 - 16:28 | 1008546 Bob
Bob's picture

Yo, Hamy ain't no troll!  He's fambly. 

Tue, 03/01/2011 - 16:41 | 1008635 Guy Fawkes Mulder
Guy Fawkes Mulder's picture

Agreed. Trolls are only offensive to the unenlightened.

Tue, 03/01/2011 - 17:01 | 1008761 narapoiddyslexia
narapoiddyslexia's picture

Hamy probably works at McDill Air Force Base, pursuant to the following Google-cached contract solicitation. The original has been removed since being outed here at ZH.

http://webcache.googleusercontent.com/search?q=cache:9ueP_0Cr7NgJ:https:...

Tue, 03/01/2011 - 17:04 | 1008780 Bob
Bob's picture

It's about time the guverment showed a decent sense of humor.

Tue, 03/01/2011 - 18:46 | 1009233 tj3
tj3's picture

Hey Fawkcy, I only flagged him as to Honor him. Sometimes, espcially for trolls, flags are a good thing.

ps. imho your avatar is win

Tue, 03/01/2011 - 21:34 | 1009749 Guy Fawkes Mulder
Guy Fawkes Mulder's picture

I love seeing big numbers.

Tue, 03/01/2011 - 21:48 | 1009787 YHC-FTSE
YHC-FTSE's picture

Not too many! I don't want to see his posts disappear. Then where would we get our daily giggle?

Tue, 03/01/2011 - 18:37 | 1009207 Andy_Jackson_Jihad
Andy_Jackson_Jihad's picture

While Hammy may be a troll he is probably correct in spirit.  Just look around youtube for take gold coins with a tiny "replica" written on the bottom.  I'm not a chemist but I didn't think gold was an easy thing to just electroplate on to tungsten.  So those chanks making the "replicas" are able to mold or stamp tungsten (very high heat...tungsten is used for arc welding tips!) and some sort of cyandine based solution.

Pretty advanced stuff that has lots of scalability.  Chineese fakes won't be made in some 2-bit shack or garage.  If/when it happens it will be an industrial scale.

Damn, those f*ckers fake everything.

Tue, 03/01/2011 - 14:44 | 1008006 bigkahuna
bigkahuna's picture

bullshit -- disinformation. Where are your supporting links.

Tue, 03/01/2011 - 15:42 | 1008260 gorillaonyourback
gorillaonyourback's picture

you believe, lolol.  im from missouri.  please have some reference articles or proof, i know your spook friends can create some silly article that i can read but remember your gonna need a p-value

Tue, 03/01/2011 - 13:49 | 1007695 tellsometruth
tellsometruth's picture

support your local mine and mint

Tue, 03/01/2011 - 14:25 | 1007908 MrBoompi
MrBoompi's picture

APMEX better not be selling these!!!

Tue, 03/01/2011 - 14:37 | 1007973 britinbe
britinbe's picture

good that I bought my collection a good few years ago then...........

Tue, 03/01/2011 - 15:01 | 1008091 MolotovCockhead
MolotovCockhead's picture

 

 I know several Chinese laboratories who are making them

You sound like you know everything!! That makes me suxpect you are a counterfeit too.

Tue, 03/01/2011 - 15:16 | 1008126 fiftybagger
fiftybagger's picture

Hey Hamy, you might want to get your shilling straight.  Tungsten is far too heavy for fake silver.  That would be moly.

 

AU = 79

W = 74

AG = 47

MO = 42

You might want to glance at a periodic table occasionally before you shill

http://en.wikipedia.org/wiki/Periodic_table

http://www.youtube.com/user/BrotherJohnF?feature=mhum

Tue, 03/01/2011 - 16:19 | 1008489 gorillaonyourback
gorillaonyourback's picture

well done dude, gotta reveal hamy for what he is.

Tue, 03/01/2011 - 15:13 | 1008142 Stares straight...
Stares straight ahead's picture

These sound expensive!  I'll take 400 of them please!

Tue, 03/01/2011 - 17:02 | 1008699 SparkyvonBellagio
SparkyvonBellagio's picture

Dude, get a powerful NEODYMIUM magnet.

http://www.kjmagnetics.com/categories.asp?gclid=CMiY2_ugrqcCFQQ-bAodEC8fCQ

PURE SILVER WILL NOT EVEN ATTRACT A LITTLE BIT TO THESE.

 

 

If it does it's a FAKE.

Tue, 03/01/2011 - 13:35 | 1007640 Cash_is_Trash
Cash_is_Trash's picture

Tungsten trumps paper notes.

See how far this fiat regime has taken us?

Tue, 03/01/2011 - 13:36 | 1007645 redpill
redpill's picture

One lump of tungsten in hand is worth two federal reserve notes in the bernank's beard

Tue, 03/01/2011 - 14:17 | 1007865 Cognitive Dissonance
Cognitive Dissonance's picture

Will that be one lump or two?

Tue, 03/01/2011 - 17:13 | 1008835 FeralSerf
FeralSerf's picture

Plus it makes excellent bullets.

 

Tue, 03/01/2011 - 17:51 | 1009050 Cash_is_Trash
Cash_is_Trash's picture

Aren't they Depleted Uranium (DU) substitutes?

Tue, 03/01/2011 - 14:17 | 1007862 jus_lite_reading
jus_lite_reading's picture

BS. Buy yourself a smelting kit and an acid test. Every serious gold investor owns one.

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