Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (61570)	12/24/2018 8:54:21 AM
From: E_K_S	1 Recommendation Recommended By FIFO_kid2 Read Replies (2) \| Respond to of 78763

OT - United States Notes Also some rumor/chatter that Trump Administration may/could through Executive Order reinstate the use of United States Notes that would be used to payoff Federal Reserve Notes (including T-Bills and T-Notes). This would elliminate future interest obligations on those Federal Reserve Notes if/when paid off. What a value play if U.S. could use this approach to break away from the Fed and reinstate the use of United States Notes. Anything is possible in this Administration. We could save $235Bln in interest payments a year ( 70% of the annual interest we currently pay). JFK issued EO 11110 in June 1963 The TRUMP EO will be similar but different in what backs the newly issued United State Notes as well as have a higher limit authorization than the $4 Bln limit for JFK. Have a Merry Christmas and Happy New Year FWIW, bought another chunk of ABX to add to my gold stock basket. My last Buy of ABX was 8/2018 @ 10.95/share +10%. EKS