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PeakOil is You

PeakOil is You

THE Silver & Gold Thread (merged) Pt. 1

Discussions about the economic and financial ramifications of PEAK OIL

Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Wed 06 Aug 2025, 08:44:31

$this->bbcode_second_pass_quote('Armageddon', 'I') guess since things haven’t happened, they can’t happen.

Please don't be as ignorant as Lucky.

Are you seriously implying that you have never heard of the Great Depression? If not, learn some history. There are very few new and unique things that happen in the human world, including for example, people lacking much formal education not being familiar with basic history.

Your predilection for doom yesterday, doom today, doom tomorrow, buy silver immediately screams out who you are to anyone familiar with your posting history. You are, like many within the peak oil world ( and undoubtedly other doomer forums), a believer. First you believe...then you find evidence for your belief and marry it. Lucky has the same predilection, as did, and still do, many peak oilers.Psychology-wise it isn't uncommon, look at the billions on this planet who are firm believers in their particular religion. You are a firm believer in yours is all. This mental trick isn't even abnormal, just based on religious belief alone there are far more of them than the rational, logical and scientifcally based type folks. And amusingly, folks can exist in born categories....Einstein springs to mind.

So there is hope for you yet. Not with being Einstein of course, but even you can learn some basic history as to how these horrific economic events have happened in the past (apparently you not even knowing about the Great Depression you need this part) and then thinking about similarities between then and now, weighing all the pertinent factors and putting your best argument on the table.

The quality of the conclusion stands or falls based on the argument when dealing with these relative concepts. Not here on the internet in la-la land, but in the real world.

This entire forum was designed around a belief, and as we can see, the acoyltes have left the building. Not uncommon among those who believe wrong.
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 » Tue 12 Aug 2025, 04:54:21

Image

$this->bbcode_second_pass_quote('', 'L')ook there, at that woman. My God, just look at her. Affecting everyone around her, so obvious, so bourgeois, so boring. But wait… Watch – you see, I have sent her dessert, a very special dessert. I wrote it myself. It starts so simply, each line of the program creating a new effect, just like poetry. First, a rush… heat… her heart flutters. You can see it, Neo, yes? She does not understand why – is it the wine? No. What is it then, what is the reason? And soon it does not matter, soon the why and the reason are gone, and all that matters is the feeling itself.


Ahhh, from 1984 to 2004, twenty years of good times were they not. Plenty of money coming in, jobs secure, business as usual. Then 2004, the fallout from the dotcom bust and a major war in the middle east. Massive debt creation, House prices climbing and climbing and so were food prices if you remember. Oil too was breaking out of it's 20 year pattern and crossed $40 in 2004. It was on the way up to it's all time high in the $130's, a response to the impending peak of conventional oil production naturally. Gold too was making a move, leaving the aussie $500 threshold it had held so long and on it's way to $5000. Stocks rose and collapsed, companies that were darlings went bankrupt taking fortunes with them. House price bubbles burst causing recessions, mass money printing, mass job losses. But through it all Gold just quietly rose and rose and rose.

Look there, at that asset class. My God, just look at it. Affecting everyone around it, so obvious, so bourgeois, so boring. But wait… Watch – you see, it's responding to inflation, a very special asset class this one. It starts off so simply, each step up in value creating a new effect, just like poetry. First, a rush… heat… heart flutters. You can see it, Neo, yes? The masses do not understand why – is it a bubble, depleting mines? No. What is it then, what is the reason? And soon it does not matter, soon the why and the reason are gone, and all that matters is the feeling itself, of great loss or great gain.
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 » Wed 13 Aug 2025, 22:17:41

Wow, it's been a month since posting in this forum. BTC it an all time high vs gold, again, today.

1 BTC = 36.735 Troy ounces of gold. That's a gain of .920 Troy ounces of gold or $3,098 in fiat dollars at the current price of gold.

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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Wed 13 Aug 2025, 23:37:00

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 theluckycountry » Mon 18 Aug 2025, 20:41:31

$this->bbcode_second_pass_quote('', 'A')nother 95% of central banks say they’re not done accumulating gold. Nearly half plan to buy more. What do they know that you don’t? The World Gold Council’s latest central bank survey just dropped, and it confirms what many gold investors have suspected all along: Gold is becoming the world’s most important reserve asset.
https://www.zerohedge.com/sponsored-pos ... should-you

But what about Chumpcoin, Michael Saylor told it was the future of all monetary transactions on the planet, and traveling at light speed off a mobile device via the satellite networks is now out beyond the Oort cloud and on its way to Alpha Centauri, a true interstellar money system that transcends space and time into the multiverse of Halprillipodzeema. Or some such thing.


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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)

Unread postby Armageddon » Fri 22 Aug 2025, 19:30:09

1. Stocks: all-time high
2. Home Prices: all-time high
3. Bitcoin: all-time high
4. Gold: all-time high
5. Money Supply: all-time high
6. National Debt: all-time high
7. CPI Inflation: 4% per year since Jan 2020, 2x the Fed's "target"
8. Fed: cutting interest rates next month


In case you don’t realize what’s happening:

The Fed is about to start cutting rates into stagflation.

That means rate cuts into rising inflation with a weakening labor market.

If you don’t own assets, you will be left in the dust.


Wait till they cut in September and the long end goes nowhere. That's when they panic and cut a hundred at the next meeting. I think we're going to have a much deeper yield curve and a much much much weaker dollar
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Fri 22 Aug 2025, 19:54:47

$this->bbcode_second_pass_quote('Armageddon', '
')If you don’t own assets, you will be left in the dust.


Goof thing all us PM and property owners have some of that!!

And even better, market tracking assets that when the most recent "not yet a downturn" happens, we can take even MORE advantage on the upside!
$this->bbcode_second_pass_quote('Armageddon', '
')Wait till they cut in September and the long end goes nowhere. That's when they panic and cut a hundred at the next meeting. I think we're going to have a much deeper yield curve and a much much much weaker dollar


Good thing us martz folks are covered from all angles then!
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 Armageddon » Fri 22 Aug 2025, 21:19:36

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('Armageddon', '
')If you don’t own assets, you will be left in the dust.


Goof thing all us PM and property owners have some of that!!

And even better, market tracking assets that when the most recent "not yet a downturn" happens, we can take even MORE advantage on the upside!
$this->bbcode_second_pass_quote('Armageddon', '
')Wait till they cut in September and the long end goes nowhere. That's when they panic and cut a hundred at the next meeting. I think we're going to have a much deeper yield curve and a much much much weaker dollar


Good thing us martz folks are covered from all angles then!



Indeed
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sun 24 Aug 2025, 16:44:52

$this->bbcode_second_pass_quote('Armageddon', '
')If you don’t own assets, you will be left in the dust.

$this->bbcode_second_pass_quote('Armageddon', '
')buy alex jones' video, martial law, and you will really be a believer. the evidense that the u.s. government was behind 911 is undeniable.
May 2005


So...the concept of quality control on a thought arguably moves in such a fashion...

1) If someone demonstrates they don't have the sense God gave a mule when recognizing when someone dumps horseshit on their head by the dozerfull
2) and can't rely on any personal experience in accumulating much wealth other than inheriting it
3) and disavows basic structured thought when it comes to things as settled as how science works when solving puzzles like evolution...

...is there ANY topic they can seriously venture an opinion on without the result being giggles and snickering? Personnal hygiene? How to marry well? The best brisket that be found in the land of nowheresville Missouri? How to be stuck in nowheresville rather than spending your time in Italy? I mean, who doesn't have THAT figured out?
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 Armageddon » Sun 24 Aug 2025, 20:02:19

Peak oil won’t matter, we’ll just invade Venezuela
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sun 24 Aug 2025, 20:05:55

$this->bbcode_second_pass_quote('Armageddon', 'P')eak oil won’t matter, we’ll just invade Venezuela


Get your tenses right. It isn't hard.

"Peak oil didn't matter...and we certainly didn't invade Venezuela because of it 7 years ago".

Again....there are facts in this world, and things people WANT to be true. When you pretend what you WANT is the same as historical FACTS, and they aren't the same, then you end up looking like uneducated Australians. Which should be embarassing to any American.
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 Armageddon » Sun 24 Aug 2025, 20:52:23

US shale masked the real consequences of peak oil. The next chapter is upon us. Will it matter? Hell if I know. I do know we’ll keep printing trillions and inflation will continue to rise more than their fake numbers.
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Sun 24 Aug 2025, 21:20:54

$this->bbcode_second_pass_quote('Armageddon', 'U')S shale masked the real consequences of peak oil.

THINK already Armie.

US shale masked the real consequences of peak oil.....WHEN GLOBAL PEAK OIL HAPPENED 7 YEARS AGO? And for the record Armie, peak oil has a SINGLE consequence.....less oil is produced. They make charts all about it, go look it up.

The numbnuts making up consequences is something else entirely. Like you claiming for 20 years that no one will buy US debt, you'll need your silver more than a sugar momma because cash and stocks won't be worth anything, etc etc. You know, all the stuff that has never happened when you said it would....for 20 years now.

$this->bbcode_second_pass_quote('Armageddon', '
') The next chapter is upon us.

Sure. Global peak happened. The next chapter is....Careinke, how much is a BTC worth nowadays? My gold is pretty high. As are market investments. You are arguing that wealth for all types of investment is the next chapter of global peak oil in 2018? Ok....I can agree with that as it is what is currently happening.
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 Armageddon » Sun 24 Aug 2025, 22:27:02

The top 10% own 90% of the wealth. The middle class is nearly wiped out. Is this due to peak oil or just a coincidence? Has the US debt gone from 5T to 38T since peak oil, or just a coincidence? Are US war ships sitting right outside of Venezuela there to spread more democracy? There are all peak oil symptoms.
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Re: THE Silver & Gold Thread (merged)

Unread postby theluckycountry » Mon 25 Aug 2025, 03:17:15

$this->bbcode_second_pass_quote('Armageddon', 'U')S shale masked the real consequences of peak oil.

Only from idiots. The ones that understood PeakOil knew it was a flash in the pan, built on cheap debt, pathetic EROEI. They might as well have started making oil from coal, and they probably will, and claim that will Make America Great again. Thank Fuck I live in Australia. Australia and Norway are the only two places to be now. Regime change in Venezuela, I can't see that happening. China has significant oil interests in Venezuela.
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 » Mon 25 Aug 2025, 15:42:26

$this->bbcode_second_pass_quote('rumble', 'H')i, I am sure there is another thread somewhere that asks these questions, but i can't find it. If you know the link to one, please post it for me and I will go there. Please forgive me for my ignorance about this, it is why I am asking the intelligent people of PO.com:


Ouch! Interesting assumption right out of the date, since disputed by what actually happened with peak oil. For the next time you think a group of people speculating randomly on a topic they know not much about, but all oriented to endtimes and the myriad ways it might happen, and using an easily disputable reason (peak oil), it might be better to not presume that such an echol chamber is based on intelligence.

Just saying...
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 Armageddon » Mon 25 Aug 2025, 17:43:15

AdamB’s response to every post should be, “I’m still alive, so everything is fine”
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Re: THE Silver & Gold Thread (merged)

Unread postby AdamB » Mon 25 Aug 2025, 21:48:15

$this->bbcode_second_pass_quote('Armageddon', 'A')damB’s response to every post should be, “I’m still alive, so everything is fine”


But it isn't. Because you getting it wrong decades now on your favorite topic, and me getting it right for just as long, well I'm good with that. Can't teach an old and deliberately blind dog new tricks, right? :)

As I mentioned elsewhere, at least you are still around willing to have your ideas laughed at. One of the few real true believer left. Everyone else is too chicken to face having been so incredibly wrong and won't even show themselves. But not Armie!
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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 Armageddon » Mon 25 Aug 2025, 22:10:35

I’m not wrong, just early. The outcome will be the same. We are at the beginning stages of either a collapse or a currency reset. Something is coming, evident by govts and central banks rushing to gold.
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Re: THE Silver & Gold Thread (merged)

Unread postby AgentR11 » Tue 26 Aug 2025, 04:05:04

$this->bbcode_second_pass_quote('Armageddon', 'I')’m not wrong, just early. The outcome will be the same. We are at the beginning stages of either a collapse or a currency reset. Something is coming, evident by govts and central banks rushing to gold.


I do think some interesting things are closing in, but I'm not convinced I'll live long enough to see them. Everything real happens slow. Climate, Energy, Debt, all things contributing to instability, all creeping along to apparently unsustainable levels. Americans used to care about debt at least, and the deficit was seen as a great risk to civilization, central to the debates; now no one even pays attention enough to know even the scale of the deficits without turning to chatGPT...

We have military forces patrolling the streets of the capital, and no one did anything, and the protest was meek at best. The trains shall run on time, no?
Yes we are, as we are,
And so shall we remain,
Until the end.
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