Fun Fact: If you've ever saved a pressed penny from any destination, you are an "EXONUMIST".
While legal in the US, pressed pennies are illegal in Canada because the Canadian Currency Act forbids using coins for any purpose other than currency. (Although penny-pressing machines do exist in Canada, at least some use a zinc American penny instead of a Canadian coin.)
Pressed penny machines first appeared in the US at the 1893 Chicago World's Fair.
I love that old Henry Rollins (where is he now?) quote -"No such thing as spare time, no such thing as free time, no such thing as down time. All you got is life time. Go!"
Wow. Costco selling as much as $200 million in gold bars monthly, Wells Fargo estimates. Sales are so brisk that analysts at Wells Fargo expect revenue “may now be running at” $100 million to $200 million a month, a rapid acceleration since bullion hit the warehouse club late in the summer of 2023.
The psychology in this bull market is very strange. Multiple friends sold all their crypto bags at the bottom last year. Others refuse to get back in now because they say it is too stressful, or they are too worried about looming KYC and govt tax threats, so would rather stay out of crypto. Other friends keep saying they have missed the boat and it is too late....We are literally at the start of this bull market. Everyone gets the price they deserve.
Fun Fact: If you've ever saved a pressed penny from any destination, you are an "EXONUMIST".
While legal in the US, pressed pennies are illegal in Canada because the Canadian Currency Act forbids using coins for any purpose other than currency. (Although penny-pressing machines do exist in Canada, at least some use a zinc American penny instead of a Canadian coin.)
Pressed penny machines first appeared in the US at the 1893 Chicago World's Fair.
I love that old Henry Rollins (where is he now?) quote -"No such thing as spare time, no such thing as free time, no such thing as down time. All you got is life time. Go!"
IMPORTANT READ TODAY!
(Especially if you're a gold bug or Austrian School purist.)
"When the Fact's Change, I Change My Mind" -Keynes
"Be Greedy When Others Are Fearful" -Buffett https://mises.org/quarterly-journal-austrian-economics/bitcoin-regression-theorem-and-emergence-new-medium-exchange?fbclid=IwAR2rBAQO2uVGm-l-RXHudtJioG2mrk6JrhLxMFFmVYAVqp55mzEsi0ZFtAQ#.Ya5RbULXkxU.facebook
Wow. Costco selling as much as $200 million in gold bars monthly, Wells Fargo estimates. Sales are so brisk that analysts at Wells Fargo expect revenue “may now be running at” $100 million to $200 million a month, a rapid acceleration since bullion hit the warehouse club late in the summer of 2023.
https://www.cnbc.com/2024/04/09/costco-selling-up-to-200-million-in-gold-bars-a-month-wells-fargo-estimates.html
The psychology in this bull market is very strange. Multiple friends sold all their crypto bags at the bottom last year. Others refuse to get back in now because they say it is too stressful, or they are too worried about looming KYC and govt tax threats, so would rather stay out of crypto. Other friends keep saying they have missed the boat and it is too late....We are literally at the start of this bull market. Everyone gets the price they deserve.