Preaching Preparedness :GOLD AND SILVER? WHAT ABOUT NICKEL AND COPPER! and the Era of Bidenism. and just general rambling

Bidenism, Bidenomics and the Biden Doctrine are all colorful catch phrases or terms for a twisted Universalist view where Democracy is not truly understood as a Voting per person issue so much as it is a Constuct where in theory everyone owns everything and each vote is basically a determination of what should be done with that global citizens share. It is the International Socialist's view of Democracy. What it will eventually turn out to be is ANIMAL FARM.

It is a very New Age Vatican papist view, Just Ask Joe who has made almost all of his economic decisions after consulting with His Liberalness at the Holy Swamp.

Jesus Christ is ( in relation to economics) a Free Market, private property promoter, who is also a teacher of altruistic free will benevolence to each of his followers. Jesus did not promote the notion of a free meal everyday at 2, Education paid for by taxation or free housing by government edict. That being said, he encouraged his individual followers, with their own money and time to care for the poor and cloth the naked be a blessing to widows indeed as well as the fatherless. A Bible study on all this will be posted another day but for now, YOU and I need on a practical level to hedge ourselves.

A prudent man foreseeth the evil, and hideth himself; but the simple pass on, and are punished. Proverbs 27:12

I just listened to the president of the Ukraine, essentially call for a NEW WORLD ORDER of things where, the Biden would be the Military leader of the world ( Shudder ).
( that is for another story)

ANYWAY BAck to a Nickel

So what to do to protect ones self.

Yes Gold and Silver are great hedges against inflation but take a good look at COPPER and NICKEL.

There are 91 Nickels in a pound, 20 nickels in a a Fiat Dollar, or $4.55 face value. ( as of 10:34 EST on the 16th of March)
Total melt value is $7.23.

(Exact value is $7.2331521410924. $3.8439921256564 worth of nickel, $3.389160015436 of copper.)

Statistics:

» There are 0.7523 pounds of copper and 0.2508 pounds of nickel in $4.55 face value of nickel(s).

» A roll of nickel(s) has 40 coins and is valued at $3.18 when copper is at $4.5049 / lb and nickel at $15.3284 / lb (exact value is $3.17941).

Why did Nickel shoot up?
On March 7th, Monday, nickel traded on the London Metal Exchange with a 90 percent increase that reached $55,000 a metric ton before closing at $48,078, according to the Wall Street Journal. The next day was just as chaotic, with nickel reaching a shocking high of $100,000. The London Metal Exchange was forced to cancel the trading of nickel on Tuesday morning in an extraordinary move after three-month contract prices more than quadrupled.
https://interestingengineering.com/nickel-prices-rise-sanctions-russia
"This is crucial as nickel is a key component in lithium-ion battery cells used in the majority of electric vehicles currently planned for the United States market, and also around the world."

So you want an Electric Car?
Nickel and lithium and Labour are not your friend. This photo is based upon https://www.recurrentauto.com/research/costs-ev-battery-replacement in 2019-20 and does not factor in Bidenomics.

What is next?

The Federal Government does not like competition. They feel that it is perfectly fine , for example, that they should be able to create a 100 dollar federal Note , and spend it on the open market for 100$ worth of goods and services at a .14 cent cost to themselves reaping well over a 99% seigniorage profit. ( the difference between the circulating value of legal tender and it's real value in a free market) They have no problem allowing the treasury to create dollar coins for 8 cents worth of metal and a few cents more for fabrication and then putting them out at interest at full face value, essentially creating a debt to themselves that can never be repaid except through default or forgiveness. But for YOU or I to look at Honest money that has a store of value as well as exchange value is anathema!

The US law specifically mentions only Pennies and Nickels when it created federal regulations prohibiting "profiting" from the metal value in coins.

The question I would put is a little simple, but if i had an item for sale that i would normally require 1 FRN to purchase, could I could sell it for .59 cents in a combination of Pre 1982 pennies and nickels?

Or could I simply create "jewelry" that is composed of nickels and pre 1982 pennies and barter with them in exchange for the other things I need?

Anyway the economic truth that #

MONEY (Federal Reserve Units at interest) accepted as a medium of exchange ( without wealth content) subjects the users and their government to the influence of its creator. and Retaining the God given right to distribute one's own wealth is the only guarantee of freedom from tyranny.

Keep that in mind when reading Federal Regulations
CFR 31 § 82.1 Prohibitions.
Except as specifically authorized by the Secretary of the Treasury (or designee) or as otherwise provided in this part, no person shall export, melt, or treat:

(a) Any 5-cent coin of the United States; or

(b) Any one-cent coin of the United States.

In the rule it is specifically mention that the exclusions to this rule are written so as to allow jewelry creation, amusements etc.

Interesting that (d) The prohibition contained in § 82.1 against the exportation, melting, or treatment of 5-cent coins shall not apply to 5-cent coins inscribed with the years 1942, 1943, 1944, or 1945 that are composed of an alloy comprising copper, silver and manganese.
Here is the whole list of rules: https://www.law.cornell.edu/cfr/text/31/82.2

wealth supports independence, Money ( debt) enslaves the user to the creator.

The Biden #Doctrine has no intention of "winning" in #Ukraine anymore than it has ever had in winning anyplace else except the Whitehouse for himself and personal self interest and anti constitutional principles on money, independents and raw Americanism. The Biden Doctrine is a Containment Doctrine adopted from the philosophical point of view of #NWO #utopians like those of the Fabian Society and the #CFR. The #Green New Deal, Democracy ( socialism Now) and the allowing of the concept of relative morality where sin can only be committed against mother nature.

Back to #Nickel, Russia is a Huge producer and it is needed for the electric car industry and so much more, With the #Biden Doctrine of containment and the general destruction of the Russian Economy, forbidding exports of this raw material the price will most likely go way up. Nickel can be bought in Bars for a little over 6.5$ per troy ounce which would be way more expensive than the relative spot value.

PersonallyI separate all my change. I never spend #nickels and have not for a while. I also always separate all my pennies, pre 1982 from post 1982 leaving all the 1982s by themselves.

Watch the Conflict in the Ukraine do a research on anything mined in RUSSIA or any over her allies and prepare accordingly.

This is not an issue of #inflation alone, but in the #Bidenomic world it will be a huge smokescreen

The Leadership in #Russia is NOT a host of Good Guys but then again neither is #Zelensky and the Ukrainian Leadership. If I had to choose a side i would choose neither because I Choose Jesus and neither of these sides do.

I would also suggest looking at your local scrap yard anywhere near a nickel plating business, I have found 50 gallon drums of raw nickel balls about the size of buckshot that can be gotten by the scrap pound and if you have a really powerful sling shot or if , for instance you create your own shotgun shells or other ammo, these will o through almost anything.

https://byjus.com/chemistry/nickel/