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THE Silver & Gold Thread (merged)

Discussions about the economic and financial ramifications of PEAK OIL

Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Wed 25 Jun 2025, 23:55:41

Don't try and get your head around it adam, just go invest your money in used cars, that's what the poor people do
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Thu 26 Jun 2025, 09:12:59

theluckycountry wrote:Don't try and get your head around it adam, just go invest your money in used cars, that's what the poor people do


Well now, I take personal offense at this statement! :o

Once upon a time I bought new cages, on a regular basis. I fondly recall the days of 0% interest rates, $20k new family sedans and 2X4 pickups and a veritable plethora of <$30k cages.

And it is not an investment, buying a new or used car, unless maybe for some car collector types. So somewhere about the time the kids began driving, and later going off to college, I bought cages worthy of their inexperience and meager skills. Bumper cars as it were, paid for with cash, minimal coverage for the machine, specifically designed for the children to use as designed.

The plan worked pretty well, the girl avoided any fender benders throughout her high school and college career, and the boy screwed up while in college and hit someone while making a turn, the boy being quite the lucky chap the other person, who was not at fault, fled the scene. Some work with a crowbar to get the drivers side door working again, new belts and a pulley to replace the ones where the pulley touched the inside firewall when the front clip deformed and touched the pulley, shattering it for the power steering, and back in action that old cage went.

It still sits in my driveway, the boy took it to his new job the other day.

Why would anyone but a fool think a tool such as a cage is an investment, unless one is a collector of some sort, and buying matching numbers old Corvettes or Mustangs or something? The same kind of fool who waited until gold was expensive before buying some for themselves?

My experience with used cars, particularly older ones, convinced me I was ready (with the help of a knowlegable local mechanic), to make the BIG leap into OLDER cars! So I bought myself a salvage titled, driven by a single owner retiree until she was carjacked in Covid, 120k miles on the clock, not a speck of rust anywhere on the car frame or body, repaired the various pieces that weren't working (A/C, driver side back seat window, cruise control, coolant and thermostat changes, timing belt and fuel filter and rear differential oil) and started my adventure with a cage built in the last century.

It sits in the driveway, having just been on a 1000 mile road trip over 2 days this past weekend. It has clocked more miles in the past 3 years than all my other cars combined. Has about 165k on the clock, roadtrips around the country, equipped with a Class III hitch ready to haul a trailer and motorcycle into the mountains, etc etc.

What kind of down under uneducated clown would think anyone would buy a highly depreciating, brand new thing like a CAGE as an investment?
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Thu 26 Jun 2025, 09:30:46

cheap used Nissan Leafs. Not even any collector value. You're such a fool :oops:
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: THE Silver & Gold Thread (merged)

Unread postby careinke » Thu 26 Jun 2025, 13:43:41

26 June:

1 BTC = 32.221 Ounces of gold. :)

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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Thu 26 Jun 2025, 13:45:55

theluckycountry wrote:cheap used Nissan Leafs. Not even any collector value. You're such a fool :oops:


DAMN RIGHT it was cheap. I pay for a brand new car for 50% of the real value of my first ever new car back in the late 80's. I get 60% off MSRP, that is called NOT being a parrot. First parrot says new cars are investments, because parrots are fools, and then parrots saying getting 60% off MSRP is a fool....said parrot needing to ask his boy (who pray to God graduated high school and can teach his father not to be a ignoramous in public) and see if he thinks 60% a new car wouldn't be a bad deal. If whatever unfortunate female you mated with had average intelligence, that should make your boy at least 50% smarter than you. Good enough to get through high school anyway.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Thu 26 Jun 2025, 23:22:36

AdamB wrote: Image


Someone needs some...

Image
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: THE Silver & Gold Thread (merged)

Unread postby careinke » Fri 27 Jun 2025, 00:13:59

27 June

1 BTC = 32.641 Ounces of gold. :)

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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sun 29 Jun 2025, 10:43:35

theluckycountry wrote:Knowing that Adam continues to imply that a cross breed between convicted murderers and rapists from the prison colony and the locals generates a dark skinned ignoramous, which admittedly those of us so stupid we can't graduate high school are, but we do NOT look like a dark skinned local with wild nose rings! This is me..and I am so MAD that just because my DNA includes the "stupid locals" and "scmbag prisoner" genes he makes fun of me!


Image [/quote]
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Sun 29 Jun 2025, 17:45:59

you're really losing the plot now aren't you :lol:
TDS in full swing
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: THE Silver & Gold Thread (merged)

Unread postby careinke » Mon 30 Jun 2025, 21:22:19

Monday June 30th (end of month)"

1 BTC = 32.447 Ounces of gold

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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Tue 01 Jul 2025, 04:17:24

India
Population 1.438 billion
number of millionaires? Around a million.

Gold is an important symbol in Hindu mythology, as well as a source of financial stability through dowry and investing. Weddings, celebrations, and even temples are centered around this precious metal, making India one of the world's greatest gold consumers.

Indian's don't buy the dip, they just buy.

Image

And then there is China
In Chinese culture, gold is associated with power, wealth, longevity, and happiness. It is considered the most valuable and significant gift one can give, and is included in many celebrations, such as weddings, the birth of a child, the New Year, and other important occasions.

And the Middle East...


And in the US? More people invest in a particular brand of virtual numbers, because they believe they are scarce :| bc1h#kS*.jJ39H*qm1O0ydx7w38^mwp.
It's... *Magic*

Around 50 million Americans own Bitcoin, accounting for 14.3% of the population
polls show as many as 6% of Americans believe the Apollo 11 astronauts never landed on the moon.
Here's the proof they didn't https://www.imdb.com/title/tt3776826
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Tue 01 Jul 2025, 18:53:56

theluckycountry wrote:Here's the proof Americans didn't land on the Moon....hey...us Australians are so jealous because they are so smart and we are so stupid that we've got to pitch this nonsense hoping we can find more rubes to make us feel better.

https://www.imdb.com/title/tt3776826[/quote]

Image
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Re: THE Silver & Gold Thread (merged)

Unread postby careinke » Wed 02 Jul 2025, 16:01:59

So far, today is looking good. :) It appears Gold is more correlated with the stock market than BTC.

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Re: THE Silver & Gold32.70432.704 Thread (merged)

Unread postby careinke » Wed 02 Jul 2025, 16:14:46

Markets closed for Wednesday.

1 BTC = 32.704 Ounces of gold. Both assets rising together today. It's all good

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Re: THE Silver & Gold32.70432.704 Thread (merged)

Unread postby AdamB » Wed 02 Jul 2025, 18:05:02

careinke wrote:Markets closed for Wednesday.

1 BTC = 32.704 Ounces of gold. Both assets rising together today. It's all good

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Do you watch markets and values and whatnot of your investments as closely as it appears? Or is this just more like just repoting here because numbnuts made his ignorant comments and you are driving home the point of how much a numbnuts he is when he says anything about....well....anything.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: THE Silver & Gold32.70432.704 Thread (merged)

Unread postby careinke » Thu 03 Jul 2025, 03:43:52

AdamB wrote:
careinke wrote:Markets closed for Wednesday.

1 BTC = 32.704 Ounces of gold. Both assets rising together today. It's all good

Peace


Do you watch markets and values and whatnot of your investments as closely as it appears? Or is this just more like just repoting here because numbnuts made his ignorant comments and you are driving home the point of how much a numbnuts he is when he says anything about....well....anything.


I do watch a lot of stuff closely, that's because I'm a Polymath with "expertise" in Permaculture, Survival skills, BTC, Gold, Forestry, Diet, Fitness, Experimental Psychology, the Constitution, Libertarians, Socialists, Anarchists, Lots of secret shit, and others. I'm also retired, with numerous diversified sources of income.

I had Copilot generate this so I can use it for talking points:
You're exactly 17 years and 4 months older than Elon Musk! He was born June 28, 1971, and you on February 8, 1954—so you've got a good head start on life experience, wisdom, and stories to tell.

If we’re measuring time in world-changing inventions and rollercoaster markets, you’ve lived through quite the arc—from the birth of modern computing to Bitcoin flipping gold ratios. Not bad company to keep, eh?

Want me to compare notable events or tech milestones from both your birth years? Could be a fun stroll through history.


Every book I have heard Elon mention, I have read. Only I read them 17 years earlier than him. Elon's family was relatively wealthy, mine were not. Elon's Father was abusive, mine was helpful but challenging.

Anyway, I was a Navy Brat in the Philippines during the Cuban Missile Crises where for the first time I became interested in Politics, Money, and the Russians. I collected coins like my dad, I memorized all the states and their Capitals, Spied on our maids, found my first crush, and became even more addicted to manned Space missions.

So right now, I believe humans are going through a HUGE civilization change, right up there with Agriculture, Slavery, Writing, Money, and Spears. Whatever happens, I feel blessed to be able to watch it play out and record it.

Funny thing is both the right and the left both feel it and both think life will get remarkably better. I know you don't like me to recommend books to read, but these two are pretty important to understand.

First is: THE FOURTH TURNING IS HERE (What The Seasons of History Tell Us About How and When This Crisis Will End by NEIL HOWE. He predicts it will be over in the next ten years. Published Nov, 2024. He definitely leans Right. However I learned about the next book from this one.

For the left side, I present: STELLAR: A WORLD BEYOND LIMITS AND HOW TO GET THERE by James Arbib and Tony Seba. It's certainly a shorter read only 276 pages vs over 400 for the first suggestion. It was published March 2025 so it is more recent, the authors are both British. I have not read all of it yet, but I will. Going through the Table of contents makes it look VERY interesting.

As for "numbnuts" I do take a certain amount of pleasure Trolling the Troller in Chief. I noticed he is no longer claiming the Troll tittle though. Plus, when he is not parroting and writes his own stuff, I feel he is catching on to what is actually happening. He just can't seem to put it all together.

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Re: THE Silver & Gold Thread (merged)

Unread postby careinke » Fri 04 Jul 2025, 02:12:49

Happy 4th of July 2025 our 250th anniversary!

Today we will not only celebrate the 4th, but change history by changing economics to something that makes sense.

1 BTC = 33.026 Ounces of gold.

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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Fri 04 Jul 2025, 17:57:08

This is all anyone ever wanted, steady, secure, inflation protected gains on their savings. And this is wealth you can actually own, by taking possession of, as many investors do.

Image

Get Gold or get shafted when the market collapses.

Image

Image

Image
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Fri 04 Jul 2025, 18:20:46

theluckycountry wrote:This is all anyone ever wanted, steady, secure, inflation protected gains on their savings. And this is wealth you can actually own, by taking possession of, as many investors do.
Image


Agreed. And those who invest in gold...and market tracking equities.....stop worrying about the gold because they can trade the gains in the market for MORE gold than they the original value of their gold and equity starting point.

So sure...be stupid and refuse to diversify. Some uneducated boneheads in Australia with stupid investment stategies call themselves Lucky. :lol: Americans just giggle at what Third Worlders think on any topic, but thanks for providing a specific example of why when Australians go to test fire a rocket, it activates a switch that jettisons the nose of the rocket instead. America would be happy to loan you some smart high school kids, and they could maybe teach your current rocket scientists how to add and subtract and stuff first, before they tackle big things and whatnot?
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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Sun 06 Jul 2025, 18:40:19

Pillow-Gold: Turkey Has $311 Billion Untracked and Untaxed

It’s pretty amazing the amount of Gold undeclared in Turkey. But that’s Nobody’s business but the Turks, as the song goes. Likely Erdogan himself has done the same thing. Between January and April 2025, Türkiye’s current account deficit widened to $20.3 billion, up from $14.5 billion the year prior. A significant portion—$6.27 billion—was attributed to the imbalance in gold trade. Gold imports continue to strain the country’s external accounts, with most of the metal never entering the formal financial system.

The Central Bank of Türkiye (CBRT) estimates that Turkish households held approximately $311 billion in physical gold as of Q3 2024. This unregistered stockpile dwarfs the central bank’s own reserves ($86.5 billion) and far exceeds the $46.3 billion in gold deposits recorded in Turkish banks.
https://www.zerohedge.com/news/2025-07- ... nd-untaxed

Turkey is a big regional player, a good candidate for the BRICS once it sheds it's alliance with NATO. What Turkish people, along with Asians and arabs in general know, is that government can't be trusted, that paper money systems always collapse and leave people poor. That's why they hoard Gold, it's anti-government, anti-corporate, it's freedom basically. $300 billion, that's a lot of food and energy and cloths and whatnot to buy in the future. And that's what we're really talking about here folks. These people are saving for the future, where their counterparts in the West are going into debt for the future. And before anyone opens their arse to say "What if the Gold becomes worthless" first go off and find one account of that happening, in all of recorded history. And I'm not referring to the US laws banning gold, that was for idiots that kept their Gold in bank vaults where the government could steal it. If you kept it at home you were safe, could still sell it after the Gold act was passed and at a 50% increase to boot.

But the west doesn't save, they borrow. Borrowing now to buy a car or holiday is only justifiable if you expect the future to be a lot better, wages to be a lot higher. But it's still a stupid idea. Stupid to borrow for non-essentials. But the West is Stupid, a massive herd of brainless consumers being led along by the TV set into every stupid life choice. And to keep them from ever thinking straight they are fed an endless procession of emotional garbage on their TV sets. Just look at the Ukraine war, that replaced the Covid mania, that's now been replaced by the Trump Derangement. Endless emotionally toxic garbage, whipped up into a frenzy by the media. Turn your TV off moron, learn how to think again, if you ever did.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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