Whiteboard: 1 Apr 2010

Note from Jake:  The price of silver today closed at just under $18 an ounce.  Bob Chapman of the International Forecaster predicts that once the price hits $20 an ounce there will be no stopping it.  He has even gone so far as to say that silver will hit $100 an ounce by the end of 2010.

Quote:  All those not familiar with economics (i.e., the immense majority) do not see any reason why they should not coerce other people by means of force to do what these people are not prepared to do of their own accord. — Ludwig von Mises

News:

• Bill Murray of GATA reveals information about the price manipulation of precious metals by JP Morgan.
• Yesterday, a 47 year old woman was shot during a “safety check” by the local tactical operations team.
• Don’t expect to get a warning next time you are pulled over for doing 40 mph in a 35.  City and a State governments around the country are now using traffic citations to fill budget gaps.

Links From Readers:

• Matt sent us this handy way to purify water using the sun.  Score one point for low-tech and another point for efficiency.
• Cousin Cooter sent us this link.  RFID chips are something that have been on the radar for quite some time.  They are in many aspects of our daily lives.  If you have a driver’s license, credit card, or passport there is a good chance that you already have this technology in your pocket or purse.  There has even been a lot of talk about putting RFID chips inside your clothing.