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THE Silver & Gold Thread (merged) Pt. 1

Discussions about the economic and financial ramifications of PEAK OIL

Re: THE Silver & Gold Thread (merged)

Postby AdamB » Sun 13 Jul 2025, 10:06:41

$this->bbcode_second_pass_quote('theluckycountry', 'I')s inke still doing those daily BC/Gold comparison posts?

Careinke is certainly demonstrating regularly that mindless fools, like you, have made claims that are ludicrous, yes.

Why, have you decided to go get educated and hopefully gain 50 IQ points to get yourself within shouting distance of Careinke?
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)

Postby theluckycountry » Sun 13 Jul 2025, 20:56:49

Image

That little bit at the top RH corner? That, in financial circles, is know as "Consolidation"


Image


Gold: Standing the test of time

Egyptian
Image

Grecian
Image

Roman
Image

And another fallen Empire that eventually watered down its currency
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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)

Postby AdamB » Mon 14 Jul 2025, 10:49:58

$this->bbcode_second_pass_quote('theluckycountry', '
')And another fallen Empire that eventually watered down its currency
Image


So...Lucky, doesn't know he lives in a Constitutional Monarchy, also doesn't know that the US ISN'T an Empire. I highlighted the pertinent word for the uneducated and naturally ignorant.
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)

Postby careinke » Mon 14 Jul 2025, 12:46:53

Oh look. BTC went up over the weekend while gold went down, go figure. Not you lucky, your not very good a figuring. At least you make a good reverse indicator. :)

To start off the week;

1 BTC = 35.815 Troy ounces of gold, over .62 more ounces of gold since the close on Friday.

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Re: THE Silver & Gold Thread (merged)

Postby theluckycountry » Tue 15 Jul 2025, 07:24:38

When it comes to manic bubbles, investors go mad in Herds.
Then one day they are sitting in front of computer wondering how they could have been so gullible.

Image

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09-14-2017: Gold is under-owned by investors… for now
https://www.schroders.com/en-us/us/inst ... s-for-now/

October 24, 2024: Gold is under owned… massively!
$this->bbcode_second_pass_quote('', 'T')he study reveals that 71% of investment advisors in the United States, who manage or advise on trillions of dollars, hold less than 1% of their assets in gold.
https://weekendinvesting.com/gold-is-un ... massively/

Well of course! They can't personally make real money off it, not like they can buying and selling stocks as they do. Gold is, and always was, the purchase of people who had money, not the people who wanted to make money.
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)

Postby AdamB » Tue 15 Jul 2025, 07:58:55

$this->bbcode_second_pass_quote('theluckycountry', '
')09-14-2017: Gold is under-owned by investors… for now

https://www.schroders.com/en-us/us/inst ... s-for-now/
$this->bbcode_second_pass_quote('', '
')October 24, 2024: Gold is under owned… massively!
https://weekendinvesting.com/gold-is-un ... massively/
Image
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)

Postby theluckycountry » Tue 15 Jul 2025, 18:39:54

Gold Surpasses Euro as the Second-Largest Reserve Currency in the World

It happened quietly, out of sight of the Western public as they watched trump and Musk rant at each other over social media. Because what else can the leader of the free world and the billionaire prophet of tech do while the house of cards collapses around them. They can't focus the public's attention on anything positive in the nation, because there isn't anything positive in the nation. Nothing! So they have a very public spat, two kids in the sandpit fighting over a toy.

Consider the World's largest accumulator of Gold over the past decades, China. What's going on there? Listen to the Western media and you'll think it's about to collapse from corruption and financial bubbles but that's the USA not China.
$this->bbcode_second_pass_quote('', 'C')hina's 373MPH Maglev Train Debuts, Slashing Travel Time Between Cities. 600km/h
...South China Morning Post writes that China’s broader high-speed rail network has rapidly expanded to 48,000km by the end of 2024, the largest in the world, with plans to surpass 50,000km this year. The train is intended to function as a “point-to-point transport tool” between major cities, complementing existing high-speed rail. At full speed, it could cut the Beijing–Shanghai trip from 5.5 hours to about 2.5

That's HiTech, that's the future we were promised in the 1970's. And in the US? Musk's delusional Hyperloop which never got off the computer rendered drawing board. Shall we talk about the Key Bridge? How's that going, will it ever be rebuilt? $this->bbcode_second_pass_quote('', 'J')un 4, 2025 China — Since the 1970s, Guizhou has built 30,000+ bridges — an average of one every day.
If you're honest you'll admit the truth, the American enterprise fell off the rails in 1970. In 1974 the French and the British put the Concorde into the sky, and it was a futuristic game changer. America had aspirations too, but theirs never got off the drawing board. "But what about the iPhone but what about the iPhone!!!" yeah what about the iPhone, so what. Take you're little phone and sit in your basement and scroll virtual worlds because the world outside your door has turned to shit :lol:

Dear Oh Dear, is how all empires collapse? With the inhabitants oblivious for decades and decades?
From the leading article: June 2025
$this->bbcode_second_pass_quote('', '.')..Even at these elevated prices, central banks around the world have continued to accumulate. According to the World Gold Council (WGC), official sector gold purchases exceeded 1,000 tonnes in each of the last three years, which is more than double the annual average of the previous decade. Institutions now hold nearly as much gold as they did back in 1965, during the Bretton Woods era.

A recent European Central Bank (ECB) report noted that, for the first time ever, gold now represents a larger share of total global foreign exchange reserves (20%) than the euro (16%). This is remarkable, and it aligns with recent survey data from the WGC showing that 95% of central banks expect to increase their gold reserves over the next 12 months. That’s the highest figure since the WGC’s survey began.
https://www.usfunds.com/resource/gold-s ... the-world/

Did you get that? "During Bretton Woods" Before the collapse of the Gold standard and before the US and every other nation on earth went on a manic money printing trip to poverty. The World is about to switch from a $US backed system to a Gold backed exchange system and on that day the US will truly be finished. So act now, take out a loan for a new battcar or house, so you'll have something to surrender to the Sheriff when he comes knocking.


China’s Huajiang Canyon Bridge: Building the World’s Highest Bridge
https://www.ryanjhite.com/2025/06/04/ch ... st-bridge/
https://www.zerohedge.com/markets/china ... een-cities

How long until the Key Bridge is rebuilt?
$this->bbcode_second_pass_quote('', 'T')he deadly collapse crippled the port - and traffic around Baltimore - for months. Within a matter of months, state and federal leaders collaborated to fund and rebuild a brand-new bridge, which is expected to be finished by the fall of 2028

And that's a critical piece of infrastructure mind you. 3 years! The Chinese would have built it in 3 months.

Sanyuan Bridge Example:
$this->bbcode_second_pass_quote('', 'I')n 2015, the Sanyuan Bridge in Beijing was replaced in a record-breaking 43 hours. This involved prefabricating the new bridge and then installing it as a single piece.
Prefabrication and Modular Construction:
A key factor in China's rapid construction is the extensive use of prefabricated components, which allows for simultaneous work on different parts of the bridge and faster assembly on-site
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)

Postby AdamB » Tue 15 Jul 2025, 23:12:16

$this->bbcode_second_pass_quote('theluckycountry', '
')China’s Huajiang Canyon Bridge: Building the World’s Highest Bridge

https://www.ryanjhite.com/2025/06/04/ch ... st-bridge/

The Chinese can build bridges...and Australians can't build a Ferris wheel.

Your point is....even the Chinese make Australians look like half witted prison colony descendants?
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)

Postby theluckycountry » Wed 16 Jul 2025, 00:09:53

Here is a couple of guides for American's wanting to escape to China.
https://wise.com/us/blog/moving-to-china
https://www.thepackablelife.com/travel/ ... g-in-china

Everything is cheap
Great healthy food (you won't need all those pills you're on)
Crime is non-existent.
People are friendly

Give it some serious thought.

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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)

Postby AdamB » Wed 16 Jul 2025, 14:19:04

$this->bbcode_second_pass_quote('theluckycountry', 'H')ere is a couple of guides for American's wanting to escape to China.

Undoubtedly a hot topic among the Australians working for the Chinese managers buying up all their resources, but Americans are hardly migrating there. I suppose this might make sense to an Australian watching their citizens thinking these thoughts, but just because you live in a place where everyeone else is as uneducated and ignorant as you has nothing to do with America.
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)

Postby theluckycountry » Wed 16 Jul 2025, 19:12:27

US Metal War: Silver Becomes Strategic as Premiums Explode

I hope you were wise and stocked up when it was cheap :oops: Looks like a big bull run coming.

$this->bbcode_second_pass_quote('', 'A') Sudden Dislocation in the Silver Market
Authored by GoldFix for Scottsdale Mint

July opened with an alarm bell. The Exchange for Physical (EFP) premium for silver, which reflects the cost of converting COMEX futures into deliverable metal, surged from near-zero levels to between 60 and 80 cents per ounce. This kind of move does not occur in isolation. At the same time, spot silver jumped more than two dollars, pushing beyond $38 per ounce. These changes appeared within a 48-hour window.

The market had not been showing extreme activity beforehand. There was no retail panic. There was no visible hedge fund blow-up. The sudden dislocation points toward real physical demand. Premiums of this magnitude suggest someone is urgently acquiring silver, and they are willing to pay a steep price to get it now.

The U.S. Tightens Control Over Industrial Metals
This is happening as the United States intensifies its strategic resource policy. A 50 percent tariff on copper imports was announced following a months-long review. The primary objective is to retain domestic scrap copper and soon silver rather than allow it to be exported, particularly to China.

One example of this shift is the development of the Arubus Richmond facility in Augusta, Georgia. This billion-dollar metals recycling plant, currently in phase one at around $300 million, is designed to capture and refine scrap copper within the U.S. border. The metals are intended for use in infrastructure, artificial intelligence hardware, energy systems, and military equipment. The underlying message is simple: critical resources must stay home.


I was thinking of selling a few kg when the price is right and paying my council rates ahead for 5 years. You can do that you know, not at a fixed price but in essence you are creating an account with them that they draw on when the fees are due. It's all about removing bills from the mailbox, like I did with my solar. Haven't had a power bill to pay in 4 years or more 8)

https://www.scottsdalemint.com/articles ... s-explode/

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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)

Postby AdamB » Wed 16 Jul 2025, 20:12:58

$this->bbcode_second_pass_quote('theluckycountry', '[')b]US Metal War: Silver Becomes Strategic as Premiums Explode

I hope you were wise and stocked up when it was cheap


I did. Wasn't because I was wise though, but I bought it far cheaper than you ever did, so I must be BIGGLY wiser, even by accident. I require no accolades from being smarter than an imbecile though.
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)

Postby theluckycountry » Fri 18 Jul 2025, 18:23:07

Place your bets.
Gold Hitting $10,000 by 2030 is Now Fully in Play
https://www.youtube.com/watch?v=jJOL50YejY4
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)

Postby AdamB » Fri 18 Jul 2025, 19:26:57

$this->bbcode_second_pass_quote('theluckycountry', 'P')lace your bets.


NEW NATIONAL IMAGE FOR THE FLAG!!!! 2:1 ODDS!!!!

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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)

Postby theluckycountry » Mon 21 Jul 2025, 00:27:05

The stupid english government was selling into the boom. Why? to try and keep the physical price down. They have little left and were staking everything on the old system of dollar debt. The BRICS have a surprise for them.

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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)

Postby AdamB » Mon 21 Jul 2025, 08:09:19

$this->bbcode_second_pass_quote('theluckycountry', 'T')he stupid english government was selling into the boom.


You better be careful. Bitching about your benign overlords might have them change your weekly "on your knees for the King" sessions from 3 to 5, just to make an example of you.
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)

Postby theluckycountry » Mon 21 Jul 2025, 22:50:06

Is Gold Getting Too Pricey? Here’s Where Smart Money Is Rotating Next$this->bbcode_second_pass_quote('', '
')When gold gets expensive, buyers start looking for better value. That’s exactly what we’re seeing in 2025 in both the bullion market and jewelry buying. Two metals are absorbing the shift: platinum and silver. Platinum has surged over 44% this year, outpacing gold and silver alike. The drivers? A combination of renewed demand and real-world supply stress.

Power outages in South Africa, the world’s top producer, have disrupted...
by JM Bullion

Blah Blah. These pundits always have to offer an excuse, a reason why something is going up or down in the short term, and perhaps with Platinum and the mines it may be so, but the simple fact is Precious Metals go up over time, with inflation, and if you own them and they are in your own hands there is little risk, other than theft, that can effect your retirement pleasures. Money in the banking system, mutual funds etc etc, these are very exposed.

I can see why many aren't buying Gold at present and choosing silver, but these are little people, buyers like me! I certainly wouldn't be buying Gold at these prices, but I have been saying that ever since it went over $3500 in aussie dollars. Silver though takes up a lot of room, and it's heavy too. I know, I've carried 18kg on my back from a dealer to the car and you want a good backpack I assure you. Still if I didn't have any Gold at all I'd look at buying a few ounces, but it's academic, I've split my investments 50/50 between them over the years, and bought a little Platinum on a whim once, as a gamble basically.

The interesting thing about Precious metals though is that once you have them, you don't want to part with them. Not while you have a pile of cash laying around anyway. They tend to make you thrifty too because you begin to understand the corrupt debt backed interest driven monetary system we live under and start to look for ways to "Not Get Shafted". Money comes in regularly and we like that, but when money goes out regularly it diminishes our advantage. Bills, insurance, rego electricity, many people pay these monthly now, they think they are being smart and managing their money. But whose idea was it? The corporations and government of course, and if you pay monthly you'll end up paying more than if you paid up front for the whole year. Go monthly with all these expenses and you're simply increasing the cost, and it all ads up.

Of course anyone financially savvy already knows this and the rest live week to week and will never 'get it', not without some big psychological shift. It's why there are so many 'former' middle class people out there struggling to maintain their 'former' lifestyles. They were dumb with their money and now they are paying the price. They were the Hares, burning through their money while the tortoises plodded along being thrifty.
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)

Postby theluckycountry » Tue 22 Jul 2025, 13:03:16

Silver, it's about to crack $US 40. Here, $60 aussie. That's a far cry from 2005 when I was paying about $7.50 an ounce. I was buying coin back then but a lot of one kg bar and they were $250 each. Now they're $2000! Of course on average I paid a lot more for all the bars I bought over the years, but if I sold just 4 or 5 of those early ones I could buy... Shit, I don't need anything, except perhaps a bigger garage for more motorcycles lol. I'll have to think about this. It's a crime not to take some profit while it's so high.
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)

Postby theluckycountry » Wed 23 Jul 2025, 18:09:57

What is the BTC market cap? 2.33 trillion.
What is Golds market cap? 22.7 trillion for the actual metal,
Or 142 trillion if you add in the paper gold instruments which many like to buy.

The Next MicroStrategy? Meet This Young CEO Betting Big on Gold

Henry McPhie, CEO of StreamX, just raised $1.1 billion to back a radical plan: tokenize gold and denominate the company’s balance sheet in bullion.
https://www.youtube.com/watch?v=dMkvuvJyqwo

Check this out. The solution to the US debt problem.
https://www.youtube.com/watch?v=nEFN-4QQv-o
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)

Postby AdamB » Wed 23 Jul 2025, 18:37:23

$this->bbcode_second_pass_quote('theluckycountry', '[')b]Is Gold Getting Too Pricey? Here’s Where Smart Money Is Rotating Next$this->bbcode_second_pass_quote('', '
')Blah Blah.

Indeed. Thanks for your usual quality commentary.

How's the boy? Have you taught him how to be a parrot, or did your polluted DNA just make him that way naturally?
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