Silver

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Re: Silver

Postby backtoiam » Thu Feb 11, 2016 9:45 pm

Well, don't "bank" on the potluck supper with your neighbors either. Seems even it too might be in jeopardy :mrgreen:

<snip>
In Arizona, It’s Illegal to Hold Potlucks at Home

A new bill would fully legalize pot(lucks) in Arizona.

Under Arizona law, potlucks and other “noncommercial social events,” are exempt from food safety regulations and health department inspections, but only if they occur “at a workplace.” So that exception does not extend to hosting potlucks at a home or church, rendering them against the law.

Exploiting this loophole, officials in Pinal County have actually cracked down on potlucks held at a mobile home park in Apache Junction. “It seemed extremely petty,” Rep. Kelly Townsend said at a committee hearing last week. “People’s rights are being infringed.”

http://ij.org/arizona-illegal-hold-potlucks-home/
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Re: Silver

Postby Elihu » Wed Jul 13, 2016 10:47 am

Why do we need small silver coins? Because we'd end up handing over an ounce of silver for a coffee - silly things like that. quote
But take heart, because I have overcome the world.” John 16:33
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Re: Silver

Postby NaturalMystik » Wed Jul 13, 2016 11:37 am

^^ exactly - same could be said for gold. 1gram bars not 1oz.

I know you can't eat it, but I think it will always be a middle man for trade.
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Re: Silver

Postby Elihu » Wed Dec 10, 2025 5:26 pm

https://www.zerohedge.com/news/2025-12- ... uman-error
TL;DR – CME Data Center Outage
The halt interrupted global futures trading across metals, energy, rates, and FX, exposing CME’s operational dependence on a single leased data-center node
The disruptions ultimately halted trading activity from Tokyo through London and the United States, affecting contracts spanning precious metals, energy, interest rates, and currencies.
did not follow standard operating protocols, leading to cascading mechanical failure rather than stabilization.

Contributing errors included improper draining procedures undertaken by onsite staff and contractors.

“Onsite staff and contractors failed to follow standard procedures for draining the cooling towers.”
CME in its own December 6 statement, which added that the operator’s “initial remediation attempts further exacerbated the problem.”
CME’s Chicago facility processes derivatives trades measured in trillions of dollars daily, covering:

Precious metals (including gold)

Energy contracts

Interest rate derivatives

Currency futures

Equity-linked derivatives

The outage suspended trading during overlapping Asian and European hours, preventing price discovery and liquidity provision across multiple markets.
JPM Reportedly Made 13.4 Million Ounces Unavailable During CME Shutdown
Dec 2
daily Metal Depository Statistics report (covering activity dated November 26, 2025, and published on November 28) showed no physical withdrawals of silver from COMEX warehouses.
Instead, the significant decline in registered silver inventory—approximately 12 million ounces—was entirely attributed to internal reclassification adjustments rather than actual physical removals
The operational disruption extended beyond CME itself. CyrusOne was forced to suspend a $1.3 billion mortgage-bond sale being arranged by Goldman Sachs due to the facility’s technological instability.

When service resumed, trading was restored gradually. CME’s Globex Futures & Options platform, representing approximately 90 percent of CME’s transaction volume, reopened at 7:30 a.m. Chicago time on November 28.

Continues here
But take heart, because I have overcome the world.” John 16:33
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Re: Silver

Postby Elihu » Wed Dec 10, 2025 5:32 pm

it appears silver may go rogue out on the streets. America, forget the zinc coins, just legalize the silver ones they'll come out of hiding.
But take heart, because I have overcome the world.” John 16:33
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