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 What do you think the government is hording?
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Copper Catcher
Administrator


USA
2092 Posts

Posted - 07/06/2008 :  13:25:44  Show Profile Send Copper Catcher a Private Message
The Defense National Stockpile Center -- a part of the Defense Logistics Agency -- is responsible for providing safe, secure and environmentally sound stewardship for strategic and critical materials in the United States National Defense Stockpile (NDS).

****Note if you are curious to know what the government thinks is not a critical material to have on hand go to this link You must be logged in to see this link. and click on the button titled sold out!! A long time ago I said in a post that the U.S. government does not see any strategic value in holding silver!! In fact, you might have seen on eBay silver bars that say: MINTED FROM U.S. STRATEGIC STOCKPILE SILVER FORMERLY STORED AT U.S. ASSAY OFFICE dated 1981! ****

An early form of the NDS was created just before World War II with the mission to acquire and store metals, minerals and agricultural supplies. The stockpile of materials was intended to decrease dependence upon foreign sources of supply during national emergency.

The Congress of the United States has authorized the Defense National Stockpile Center to sell commodities that are excess to Department of Defense needs. Since 1993, DNSC sales have totaled approximately $6.6 billion. Sales of excess NDS materials produce revenue for the Treasury General Fund and a variety of defense programs such as the Foreign Military Sales program, military personnel benefits, and the buy-back of broadband frequencies for military use. The sale revenues also fund DNSC operations to make it a self-sustaining organization.

DNSC stores 28 commodities with a current market value of over $1.4 billion at 15 locations in the U.S. Commodities range from base metals such as zinc, cobalt, and chromium to the more precious metals such as platinum, palladium, and iridium. There is no private sector company in the world that sells this wide range of commodities and materials.

DNSC employs approximately 80 people working at three staffed depots and the DLA Headquarters at 8725 John J. Kingman Road, Suite 3229, Fort Belvoir, Virginia 22060-6223.

Source: You must be logged in to see this link.

jpf231
Penny Collector Member



USA
340 Posts

Posted - 07/06/2008 :  14:15:45  Show Profile Send jpf231 a Private Message
I tried to view the pages you referenced - sounds interesting - but - You have to log in to those sites - we don't have access. Here's the error I get with both of these links:

There is a problem with this website's security certificate.
The security certificate presented by this website was not issued by a trusted certificate authority.
Security certificate problems may indicate an attempt to fool you or intercept any data you send to the server.
We recommend that you close this webpage and do not continue to this website.
Click here to close this webpage.
Continue to this website (not recommended).
More information


If you arrived at this page by clicking a link, check the website address in the address bar to be sure that it is the address you were expecting.
When going to a website with an address such as You must be logged in to see this link. try adding the 'www' to the address, You must be logged in to see this link.
If you choose to ignore this error and continue, do not enter private information into the website.

For more information, see "Certificate Errors" in Internet Explorer Help.

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fb101
Administrator



USA
2856 Posts

Posted - 07/06/2008 :  16:14:37  Show Profile Send fb101 a Private Message
They don't need to hoard, they can confiscate.

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Copper Catcher
Administrator



USA
2092 Posts

Posted - 07/06/2008 :  17:24:28  Show Profile Send Copper Catcher a Private Message
Yep, I saw the certificate error too but it is a real government site. If you accept the link you will be able to see what I was referring too. I emailed the webmaster to tell them of the error.
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jadedragon
Administrator



Canada
3788 Posts

Posted - 07/06/2008 :  18:40:51  Show Profile Send jadedragon a Private Message
My government hoards sandbags ... with me :) I'm in good shape if there is a flood.

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog
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TXTim
Penny Hoarding Member



629 Posts

Posted - 07/06/2008 :  19:26:50  Show Profile Send TXTim a Private Message
I am well aware of The Strategic Petroleum Reserve having worked at all four of them. Yes, they are hoarding crude oil!

Beer is my currency.
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PennehChaos.
Penny Collector Member



USA
269 Posts

Posted - 07/06/2008 :  22:50:50  Show Profile Send PennehChaos. a Private Message
Only 1.4 Billion in commodities? That's chump change on the Federal level.

Considering Verizon Business service? Perhaps you'd like to consider a nice drain cleaner enema instead?
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misteroman
Administrator



USA
2565 Posts

Posted - 07/06/2008 :  23:18:29  Show Profile Send misteroman a Private Message
quote:
Originally posted by legacypac

My government hoards sandbags ... with me :) I'm in good shape if there is a flood.


There is a company on Ebay selling truckloads of sandbags for $4k shipped.Seemed pretty reasonable and I thought they would've been sold out because of the midwest

Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area.
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moboman
1000+ Penny Miser Member



USA
2555 Posts

Posted - 07/07/2008 :  07:45:11  Show Profile Send moboman a Private Message
quote:
Originally posted by lanispet

Only 1.4 Billion in commodities? That's chump change on the Federal level.



I was thinking the same thing. What kind of strategic reserve is only 1.4 billion? Shouldnt the US have more than that in gold alone?

"99% of all lawyers give the rest of them a bad name"


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n/a
deleted



478 Posts

Posted - 07/07/2008 :  17:17:54  Show Profile Send n/a a Private Message
Strategic metals like Titanium used in fighter planes/missiles. Nickel and alloys used in anything for war production. Possibly Platimum based metals also.
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NDFARMER
1000+ Penny Miser Member



USA
1197 Posts

Posted - 07/07/2008 :  21:40:46  Show Profile Send NDFARMER a Private Message
quote:
Originally posted by fb101

They don't need to hoard, they can confiscate.



I agree they will take what ever they want. Including yours guns and your PM.

COPPER - the "poormans" precious metal!!!

SELLING - $100.00 face copper shipped to you for $189.00 machine rolled or bagged - PM me if your interested.
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 07/08/2008 :  06:25:39  Show Profile Send NotABigDeal a Private Message
quote:
Originally posted by NDFARMER

quote:
Originally posted by fb101

They don't need to hoard, they can confiscate.



I agree they will take what ever they want. Including yours guns and your PM.


Not without a fight from some....

Deal

Live free or die.
Plain and simple.

"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams
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misteroman
Administrator



USA
2565 Posts

Posted - 07/08/2008 :  11:11:42  Show Profile Send misteroman a Private Message
give them the bullets first Deal?

Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area.
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NotABigDeal
1000+ Penny Miser Member



USA
3890 Posts

Posted - 07/08/2008 :  17:40:57  Show Profile Send NotABigDeal a Private Message
quote:
Originally posted by misteroman

give them the bullets first Deal?


Yep. In multiple velocities....

Deal

Live free or die.
Plain and simple.

"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen."
- Samuel Adams
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