We Should Stop Helping the Silver Scammers

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We’ve all seen ads like this a million times, but for some reason this one finally caught my attention. It’s the usual pitch: there’s a limited supply of silver bars, and California residents can get them cheap if they act fast! “For the next 2 days residents who find their state listed on the Distribution List above in bold are getting individual State Silver Bars at just the state minimum of $57 set by the Federated Mint.” And if you order ten bars, shipping and handling are free!

The current fixing for an ounce of silver is about $15. So if you pay $1,140 for $150 worth of silver, they’ll throw in shipping gratis. What a deal.

Anyway, I know this is all legal because the fine print says yada yada yada, and there’s no law that prevents selling goods for an astronomical price. But really: are we all so desperate for advertising dollars that we have to sell space to folks like this? I guess the answer is yes, but maybe that ought to change. We all know who gets taken in by these kinds of ads, and it doesn’t speak well of any publication that continues to be complicit in this.

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TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

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