Category Archives: Anarchy: Athiesm with Regards to Government

In Honor of Leo Tolstoy

9/9/2014 Portland, Oregon – Pop in your mints…

Today in 1828, Lev Nikolayevich Tolstoy, or Leo Tolstoy, as most have come to know the Russian writer, was born in Yasnaya Polyana, a few hundred miles south of Moscow.

The Kingdom of God is Within You
“The Kingdom of God is Within You”

While Tolstoy is best know for works such as War and Peace and Anna Karenina, it is important to note that Tolstoy’s later works on Christian Anarchist thought and non-violence (specifically, what is refered to as “peaceful non-resistance”) had a profound impact on Martin Luther King, Jr. and had a direct impact on Mahatma Ghandi.

"L.N.Tolstoy Prokudin-Gorsky" by Sergey Prokudin-Gorsky - Журнал "Записки Русского технического общества", №8, 1908. Стр. 369. URL: http://prokudin-gorsky.org/arcs.php?lang=ru&photos_id=818&type=1. Licensed under Public domain via Wikimedia Commons - http://commons.wikimedia.org/wiki/File:L.N.Tolstoy_Prokudin-Gorsky.jpg#mediaviewer/File:L.N.Tolstoy_Prokudin-Gorsky.jpg
“L.N.Tolstoy Prokudin-Gorsky” by Sergey Prokudin-Gorsky – Журнал “Записки Русского технического общества”, №8, 1908. Стр. 369. URL: http://prokudin-gorsky.org/arcs.php?lang=ru&photos_id=818&type=1. Licensed under Public domain via Wikimedia Commons – http://commons.wikimedia.org/wiki/File:L.N.Tolstoy_Prokudin-Gorsky.jpg#mediaviewer/File:L.N.Tolstoy_Prokudin-Gorsky.jpg

For anyone who is interested in truly achieving peace, his work The Kingdom of God is Within You is a must read.

Tolstoy’s influences included Victor Hugo, George Fox, William Penn.

In honor of Leo Tolstoy, we present links to our own works which have been inspired by Leo Tolstoy, whom Ghandi referred to as:

The greatest apostle of non-violence that the present age has produced

On the nature of Empire, Part II: The better way

The Catechism of Non-Resistance: Required reading for all human beings

What is Truth?  On the Nature of Empire

Atheism with Regards to Government

Join us in honoring Tolstoy and all of the peacemakers on this earth, for now, more than ever, our voices are needed! Go forth, and love your neighbor as you love yourself

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Robert D. Kaplan’s Clairvoyance on Emerging Anarchy

2/6/2014 Portland, Oregon – Pop in your mints…

Robert D. Kaplan, Stratfor’s Chief Geopolitical Analyst, published in interesting report yesterday recounting his clairvoyance in predicting the rise of anarchic rule in certain African states (predictions that came to pass) and the general erosion of state governance throughout the world.

Anarchy as an Ultimate GivenKaplan’s observations are of particular interest to us, as we hold the belief that Anarchy is an Ultimate Given, meaning that groups of people tend to search for a coordinated approach to their inherently anarchic surroundings, the most recent of which has been the democratic nation state.

While Kaplan’s analysis appears to paint a picture of chaos and lawlessness, which indeed are the hallmarks of regime change, we see democratic nation states and their attendant monetary regimes as things that the world is currently shedding for its ultimate betterment, as they now serve to restrict trade instead of facilitating it as once was their chief contribution to the livelihood of the governed.

The continued adoption of communication via the internet is moving toward a state of maturity from which the natural progression towards internet facilitated trade amongst parties is causing the world to eschew the label of their respective nation state and replace it with one of religion or other shared affinities which are readily accessible given the pace of mobile communication expansion.

Kaplan also makes a clear distinction between the need for strong governance of urban societies whereas rural/agrarian societies tend to govern themselves, a point that is lost on most observers, not the least of which are the political classes in the current nation state, which tend to focus on national borders as the only limitations to their sphere of influence.

While Kaplan’s analysis is interesting and serves to explain what is likely to continue to occur for the next 5 to 20 years in terms of the erosion of central governments, he appears unable to speculate as to what form the governing body of a large geographical area would take.

As such, we will speculate for him.  The world is in the process of segregating itself into phyles, or groups of people aligned in terms of ideologies, be they religious or otherwise, independent of geographic location.  These phyles will tend to unite, geographically where possible, but primarily through trade relationships.  Once these trade relationships are established, the increased division of labor will resume within the phyles, giving rise to a true increase in the Monetary premium of items that up until now have not been identified as money.

Bitcoin is one example of what is essentially a pure monetary premium transmitter.  As the nation states continue to crumble, the foundations for new societies united by ideology and/or trade relations are already being laid, and we hope and pray for a peaceful transition onto them for all, as the failed model of the democratic nation state based on mere borders must be laid to rest peacefully for humankind to truly prosper.

Without further ado, Robert D. Kaplan…

Why So Much Anarchy?

By Robert D. Kaplan

Twenty years ago, in February 1994, I published a lengthy cover story in The Atlantic Monthly, “The Coming Anarchy: How Scarcity, Crime, Overpopulation, Tribalism, and Disease are Rapidly Destroying the Social Fabric of Our Planet.” I argued that the combination of resource depletion (like water), demographic youth bulges and the proliferation of shanty towns throughout the developing world would enflame ethnic and sectarian divides, creating the conditions for domestic political breakdown and the transformation of war into increasingly irregular forms — making it often indistinguishable from terrorism. I wrote about the erosion of national borders and the rise of the environment as the principal security issues of the 21st century. I accurately predicted the collapse of certain African states in the late 1990s and the rise of political Islam in Turkey and other places. Islam, I wrote, was a religion ideally suited for the badly urbanized poor who were willing to fight. I also got things wrong, such as the probable intensification of racial divisions in the United States; in fact, such divisions have been impressively ameliorated.

However, what is not in dispute is that significant portions of the earth, rather than follow the dictates of Progress and Rationalism, are simply harder and harder to govern, even as there is insufficient evidence of an emerging and widespread civil society. Civil society in significant swaths of the earth is still the province of a relatively elite few in capital cities — the very people Western journalists feel most comfortable befriending and interviewing, so that the size and influence of such a class is exaggerated by the media.

The anarchy unleashed in the Arab world, in particular, has other roots, though — roots not adequately dealt with in my original article:

The End of Imperialism. That’s right. Imperialism provided much of Africa, Asia and Latin America with security and administrative order. The Europeans divided the planet into a gridwork of entities — both artificial and not — and governed. It may not have been fair, and it may not have been altogether civil, but it provided order. Imperialism, the mainstay of stability for human populations for thousands of years, is now gone.

The End of Post-Colonial Strongmen. Colonialism did not end completely with the departure of European colonialists. It continued for decades in the guise of strong dictators, who had inherited state systems from the colonialists. Because these strongmen often saw themselves as anti-Western freedom fighters, they believed that they now had the moral justification to govern as they pleased. The Europeans had not been democratic in the Middle East, and neither was this new class of rulers. Hafez al Assad, Saddam Hussein, Ali Abdullah Saleh, Moammar Gadhafi and the Nasserite pharaohs in Egypt right up through Hosni Mubarak all belonged to this category, which, like that of the imperialists, has been quickly retreating from the scene (despite a comeback in Egypt).

No Institutions. Here we come to the key element. The post-colonial Arab dictators ran moukhabarat states: states whose order depended on the secret police and the other, related security services. But beyond that, institutional and bureaucratic development was weak and unresponsive to the needs of the population — a population that, because it was increasingly urbanized, required social services and complex infrastructure. (Alas, urban societies are more demanding on central governments than agricultural ones, and the world is rapidly urbanizing.) It is institutions that fill the gap between the ruler at the top and the extended family or tribe at the bottom. Thus, with insufficient institutional development, the chances for either dictatorship or anarchy proliferate. Civil society occupies the middle ground between those extremes, but it cannot prosper without the requisite institutions and bureaucracies.

Feeble Identities. With feeble institutions, such post-colonial states have feeble identities. If the state only means oppression, then its population consists of subjects, not citizens. Subjects of despotisms know only fear, not loyalty. If the state has only fear to offer, then, if the pillars of the dictatorship crumble or are brought low, it is non-state identities that fill the subsequent void. And in a state configured by long-standing legal borders, however artificially drawn they may have been, the triumph of non-state identities can mean anarchy.

Doctrinal Battles. Religion occupies a place in daily life in the Islamic world that the West has not known since the days — a millennium ago — when the West was called “Christendom.” Thus, non-state identity in the 21st-century Middle East generally means religious identity. And because there are variations of belief even within a great world religion like Islam, the rise of religious identity and the consequent decline of state identity means the inflammation of doctrinal disputes, which can take on an irregular, military form. In the early medieval era, the Byzantine Empire — whose whole identity was infused with Christianity — had violent, doctrinal disputes between iconoclasts (those opposed to graven images like icons) and iconodules (those who venerated them). As the Roman Empire collapsed and Christianity rose as a replacement identity, the upshot was not tranquility but violent, doctrinal disputes between Donatists, Monotheletes and other Christian sects and heresies. So, too, in the Muslim world today, as state identities weaken and sectarian and other differences within Islam come to the fore, often violently.

Information Technology. Various forms of electronic communication, often transmitted by smartphones, can empower the crowd against a hated regime, as protesters who do not know each other personally can find each other through Facebook, Twitter, and other social media. But while such technology can help topple governments, it cannot provide a coherent and organized replacement pole of bureaucratic power to maintain political stability afterwards. This is how technology encourages anarchy. The Industrial Age was about bigness: big tanks, aircraft carriers, railway networks and so forth, which magnified the power of big centralized states. But the post-industrial age is about smallness, which can empower small and oppressed groups, allowing them to challenge the state — with anarchy sometimes the result.

Because we are talking here about long-term processes rather than specific events, anarchy in one form or another will be with us for some time, until new political formations arise that provide for the requisite order. And these new political formations need not be necessarily democratic.

When the Soviet Union collapsed, societies in Central and Eastern Europe that had sizable middle classes and reasonable bureaucratic traditions prior to World War II were able to transform themselves into relatively stable democracies. But the Middle East and much of Africa lack such bourgeoisie traditions, and so the fall of strongmen has left a void. West African countries that fell into anarchy in the late 1990s — a few years after my article was published — like Sierra Leone, Liberia and Ivory Coast, still have not really recovered, but are wards of the international community through foreign peacekeeping forces or advisers, even as they struggle to develop a middle class and a manufacturing base. For, the development of efficient and responsive bureaucracies requires literate functionaries, which, in turn, requires a middle class.

The real question marks are Russia and China. The possible weakening of authoritarian rule in those sprawling states may usher in less democracy than chronic instability and ethnic separatism that would dwarf in scale the current instability in the Middle East. Indeed, what follows Vladimir Putin could be worse, not better. The same holds true for a weakening of autocracy in China.

The future of world politics will be about which societies can develop responsive institutions to govern vast geographical space and which cannot. That is the question toward which the present season of anarchy leads.

Why So Much Anarchy? is republished with permission of Stratfor.

Read more: Why So Much Anarchy? | Stratfor

Follow Stratfor: @stratfor on Twitter | Stratfor on Facebook

The Ultimate Fall of All Nations

“For the day of Yahweh is near all the nations!  As you have done, it will be done to you. Your deeds will return upon your own head.  For as you have drunk on my holy mountain, so will all the nations drink continually. Yes, they will drink, swallow down, and will be as though they had not been.  But in Mount Zion, there will be those who escape, and it will be holy. The house of Jacob will possess their possessions.”

–  The Vision of Obadiah

Anyone who has taken time to read the Bible, specifically the Old Testament, has no doubt encountered text similar to that found in the first sentence in the above excerpt taken from the prophetic vision of Obadiah.

It refers to the fall of nations.  For years we were somewhat vexed as to what this would mean.  It is clear that history itself appears to be a constant rising and falling of nations as weaker or “evil” nations fall and stronger, more “just” nations take their place.  What would happen, then were all of the nations to fall at once?

What at first appeared vexing is now clear.  The nations, all nations, are mere constructs of men.  As we have described in this space, at best the nations may be seen as a response, albeit misguided, to humankind’s inherently anarchic surroundings.  Yet as human constructs, it is inevitable that the nations, rather than improving over time, are bent on self-destruction from their inception.

Indeed, this is the case today.  When nations appear to be getting stronger, this is a result of an increase in human cooperation fostered on a base of trust and free trade.  Over time, the nations unwittingly work to erode the base of trust and free trade that humans have formed.  Once the people realize this, they inevitably work to throw off the yoke of the nation, and begin to walk in the Kingdom of God.

Such is the rise and fall of nations, and if the vision of Obadiah and countless other biblical prophecies come to pass, the ultimate fall of all nations is a sure thing.

The Primary Reason for the Superiority of Anarchy as a System

Dissent is information:  Anarchy ensures system resilience
Dissent is information: Anarchy ensures system resilience

Here at The Mint, we have learned to embrace the anarchy in which we live as an ultimate given.  Anarchy is the primary state of being for all humans, whether we recognize it or not.  The sooner one realizes that they live in a state of Anarchy, the better able they will be to operate within it.

We also recognize that centralized control, when exercised without consent, is bad.  Fortunately, anarchic systems have a way of dealing with centralized control by forcing the disbandment of any form of control that is not obtained by assent.  Not by assent of the majority, as democratic thought would have us believe, but assent by each individual.  As such, if one is involuntarily subject to a form of centralized control, there is an easy escape for those who are not physically detained.  The escape hatch is in the mind, as all centralized control mechanisms can be escaped by changing one’s mind about the power it wields over them.

As both anarchy and its antithesis, centralized control, coexist to some extent all around us in various forms of ultimately voluntary capitalist and socialist systems which are constantly interacting with each other,  it is often difficult, if not impossible, to understand why Anarchy is superior to centralized control.

We recently came across a post on Zerohedge.com, Why Centralization Leads to Collapse, which articulates what we believe to be the primary reason the for the superiority of Anarchy:

Dissent is information

The author of the post, in a concise, well written fashion, recognizes that centralized control, which is an natural outgrowth of the desire for efficiency, leads to the rejection and ultimate termination of viewpoints that do not agree with the ideology or methods of the central authority.  Dissent is ignored, hindered, or terminated.

However, is terminating dissent, the centralized authority has removed perhaps the most important means by which a system can transmit information from the margins.

This information is important as well as the activities that dissenters carry out, for the diverse and seemingly contrary activities serve to make the entire system in which people live “anti-fragile.”  This means, for practical purposes, that an anarchic system is better prepared to deal with changes in data and the natural environment because it is constantly dealing with it by default, while a centralized system labors under the delusion that’s contingency plans are adequate to stave off any event that would threaten the supposedly superior system.

The rejection of dissent, then, ensures the collapse of the centralized system, while the toleration of the Anarchic system ensures its resilience.  It may be said that the chief virtue of Anarchy, then, is that it prevents centralized control by definition.

God recognized this and intervened famously on the Tower of Babel to ensure the earth which had rejected Him would remain resilient.  Mankind is dangerously close to constructing any number of similar towers today.

Will we recognize the error in time?

What the World Needs Now is Anarchy

We send you into the weekend here at The Mint with a brutal rendition of a sixties classic. Enjoy!
To the tune of “What the World Needs Now is Love

What the World Needs Now is Anarchy

(With apologies to the Dionne Warwick and the more than 100 other artists who have previously crooned this wonderful tune)

What the world needs now is an-ar-chy,
It’s the only thing that there’s just too little of.
What the world needs now is an-ar-chy,
no not just for some but for everyone.

Lord we don’t need another government,
There are governments and governors enough to rule,
There are rules and regulations enough to obey
Enough to make us all look like fools

What the world needs now is an-ar-chy ,
it’s the only thing that theres just too little of,
what the world needs now is an-ar-chy ,
no not just for some but for everyone

Lord, we dont need another lawman,
there is justice and kindness enough to give,
there is honor and duty in every heart,
If only we’d be left alone, to live and let live

What the world needs now is an-ar-chy ,
its the only thing that theres just too little of.
what the world needs now is an-ar-chy,
no not just for some, oh but just for every every everyone.

what the world (whoa whoa) needs now,
is an-ar-chy
what the world ( oh oh) needs now
is an-ar-chy
what the world (whoa whoa) needs now
is an-ar-chy

Anarchy is an Ultimate Given

2/7/2013 Portland, Oregon – Pop in your mints…

We are taking a brief break from Old Jules and our “To Build up the Land” series to present the introduction to our soon to be released e-book, the latest volume in the Why what we use as Money Matters series.  Enjoy!

Anarchy is an Ultimate Given

An∙ar∙chy – noun – ‘anərkē

The definition of anarchy, according to the Merriam-webster Dictionary:

1.a:  absence of government

  b:  a state of lawlessness or political disorder due to the absence of governmental authority

  c:  a utopian society of individuals who enjoy complete freedom without government

2.a:  absence or denial of any authority or established order

  b:  absence of order

Disarming the State is as simple as changing and then using one's mind
Disarming the State is as simple as changing and then using one’s mind

Anarchy.  The word strikes fear in the hearts general public, who have been trained to conjure images from fraternity house shenanigans to rioting and looting on the streets of important cities at its mention.  For most civilized persons, with these mental images close at hand, anarchy is something to be avoided at all costs.  How can civilized society carry on with the threat of bombs and looting effectively slamming the brakes on human progress?

In this volume, we seek to free the concept of anarchy from these negative connotations.  For anarchy, far from being the greater evil in the choice amongst evils when it comes to man’s state in this world, is really not a choice at all.  Rather, anarchy is something that every human being and animal on the planet is born into.  It is the basic state of man in this world.  It is an ultimate given.

As an ultimate given, it is futile, nay, self-destructive for men and women to live their lives fretting about falling from a state of order into one of anarchy.  The line of thinking is debilitating and counterproductive to what must be mankind’s highest and most urgent calling in the physical realm:  How best to respond to the state of anarchy in which they live.

For it is not anarchy itself that causes disorder and the other maladies which the mere mention of the word bring to mind, but mankind’s failed responses to this ultimate given under which they labor and cause others to labor on their behalf.  The only thing more dangerous than confusing anarchy for the disorder which arises from the collapse of a failed response to it, is to spend ones life’s toils aiding another person’s failed response to his or her inherently anarchic surroundings.

Further, this volume seeks to give the reader a sufficient level of awareness to step back, if even for a moment, to evaluate the response to anarchy under which they are currently laboring and make a sober evaluation as to whether they are truly laboring in alignment with their own best interests.

Too many lives have been wasted laboring under a mistaken fear and avoidance of anarchy, and we hope this volume will steer the reader away from this fate.  It may not change the way you think or what you do at all, and that is good.  For to personally validate ones own course in life with a firmer grasp of the facts has caused harm to no one.  In fact, it should cause one to carry on with a renewed sense of pride and purpose.  We only encourage you, then, to offer others the chance to give their own lives a sober evaluation, and respect their decision to change once they truly understand the wonderful anarchy into which we are all born.

The book is now available on Kindle and will be available on Smashwords in early May.

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for February 7, 2013

Copper Price per Lb: $3.73
Oil Price per Barrel:  $96.11
Corn Price per Bushel:  $7.11
10 Yr US Treasury Bond:  1.95%
FED Target Rate:  0.13%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,671 THE GOLD RUSH IS ON!
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  7.9%
Inflation Rate (CPI):  0.0%
Dow Jones Industrial Average:  13,944
M1 Monetary Base:  $2,522,600,000,000 LOTS OF DOUGH ON THE STREET!
M2 Monetary Base:  $10,334,600,000,000

Ballot burning, our breaking point, and why the next Gold Rush just began

11/9/2012 Portland, Oregon – Pop in your mints…

The 2012 US Presidential election is over, and the only thing that remains to be seen is whether or not the No vote will maintain its absolute majority.  At last count it was 50.2% and will go down to the wire.

For our part, we finally got around to burning our mail-in ballot last night.  For those who will lament that we did not perform our civic duty, we report that we did give it a cursory check to make sure there were not City or County measures which required our input.

If you are joining us late in the game, we presented our personal reasons for not voting a few weeks ago.  To be fair, we have never been much for voting, mostly attributable to our inner laziness.  However, this time was different.  We made a conscious decision not to participate.  We decided not to to meddle in the affairs of others.  We took the position that the largest sphere of influence which we could, in good conscious, cast our vote over others was at the County level.

Our County generally fulfills its commitments and is solvent.  As such, it meets our criteria for an operating Socialist system.  The State and Federal level do not.  We did not reach this conclusion through logical contemplation, rather, we had a minor breaking point with regards to the political systems at the higher levels as we read to our son about the Trail of Tears, which moved us to tears and, as a consequence, this form of peaceful resistance.

The rest, including what you, fellow taxpayer, are reading, is a slow digestion and reflection upon our weeping over the Trail of Tears.

For the record, we do not buy into conspiracy theories (although trading on them can be very profitable) nor are we cynical enough to say, along with Emma Goldman, “If voting changed anything, it would be illegal.”  What we do know is that we can no longer endorse the killing and robbing of people with whom we have no quarrel and who pose us no existential threat.

In a sense, we are peacefully surrendering our “right” to participate.  Were the government to suddenly stop taxing our wages, income, gasoline purchases, telecommunications, and capital gains, we may go as far as to relinquish the “right” to Social security, roads, and such.  On this point, however, we will not hold our breath.  Nor will we actively avoid taxes or reject monetary benefits which come to us.  This is a broader question which we will not delve deeper into today.

Speaking of taxes, the election seems to have ignited what may be the blow off phase in the precious metals markets.  Please read on…

The new Gold Rush, The triple Fiscal Cliff, and logical consequences

The market selloff continues today, as the logical consequence of the expectation of higher taxes manifests itself.  While we believed that higher taxes were coming, no matter who was elected, it is nonetheless fascinating to watch what is unfolding in the equity markets.

For a bit of background, the Federal Reserve, ECB, Bank of Japan, England, and all entities in the Central Banking industry are putting the throttle down and printing money at a breathtaking pace.  This has been enough to keep equity prices “afloat” with relatively minor nominal price drops.

However, the drop in value, commonly known as purchasing power, has truly been staggering over the past several years.  If you track such things, look at your grocery or utility bills for proof.  You are probably either paying more, getting less, or some combination of these double whammies.

The election results appear to have triggered a decoupling of the commodity and equity markets for the foreseeable future.  Meanwhile, while bonds are rallying as those who hold large unrecognized gains in equity positions choose to recognize them before December 31, when the clock strikes midnight and any gains left on the table will be taxed out of existence {Editor’s note: this is figurative language and speculation, of course}.

This is the logical consequence of the fiscal cliff.  When the election was called for Obama and control of the Senate and House looked to remain the same, equity holders saw the writing on the wall.  The stalemate at the Federal level will remain in place and the probability of the US plummeting off of the dreaded Fiscal Cliff (which, we remind you, is purely a government construction) greatly increased.

While some window dressing will no doubt be presented as the solution, those holding large equity positions will be seen as “new meat for the grinder” and likely will be the next lamb sacrificed on the alter of fiscal irresponsibility.

But it is not just the US looking over a fiscal cliff.  The anticipation of the US Presidential outcome distracted attention from the dire situation in Greece, where in 8 short days, the government will be out of funds and the once vaunted “Troika” now stands by, unwilling to throw more money at them.

Then there are the Spaniards.  Having lived three years in Barcelona, we have a special affinity for the Spanish in general and specifically for the Catalans.  While the Greeks may be coerced into having more conditions shoved down their throat, the Spanish situation is a bit more complex.

The Spaniards are smart, and the Catalans are even smarter.  Catalunya knows that they are indispensible to Spain.  They have also spent the past 30+ years building systems to ensure that they can operate perfectly well without the Spanish Feds in Madrid.

Those in Madrid know this, and are holding the threat of Catalan secession as their Ace in the hole which, at this point, has allowed them to extract concessions from the ECB, all the while avoiding surrendering what is left of their Sovereignty to Brussels as the Greeks, Irish, Portuguese, and Italians have.

Will the can which has been kicked down the road in Europe finally get kicked off the Euro Cliff?  Even if it doesn’t, the Spanish firecracker inside of the can will go off at some point and blow up the proverbial can, at which point all bets are off.

With the two largest, debt based financial currencies in the world facing unprecedented uncertainty and the prospect of higher taxes on the horizon, one has to question the wisdom of holding anything but physical gold and silver in place of financial assets.

This, along with the ongoing tension in the Middle East and that crazy Mayan prophecy, is why we believe that the final blow off in the gold and silver markets is at hand.  There is still time to get in and these quasi currencies have plenty of room to run.  While the physical production fundamentals are less compelling than they were 10 years ago (a 440% rise in price will tend to encourage production), the financial backdrop has never been more favourable, and its about to get even better.

Just remember, buy and hold the physical metals, as ETFs and futures will likely not catch all of the upside of this monumental move.

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for November 9, 2012

Copper Price per Lb: $3.46

Oil Price per Barrel:  $85.14

Corn Price per Bushel:  $7.45

10 Yr US Treasury Bond:  1.63%

FED Target Rate:  0.16%  ON AUTOPILOT, THE FED IS DEAD!

Gold Price Per Ounce:  $1,730 THE GOLD RUSH IS ON!

MINT Perceived Target Rate*:  0.25%

Unemployment Rate:  7.9%

Inflation Rate (CPI):  0.6%

Dow Jones Industrial Average:  12,862

M1 Monetary Base:  $2,394,100,000,000

M2 Monetary Base:  $10,168,900,000,000